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Dukascopy
Swiss broker Dukascopy operates as a bank and broker. It provides innovative online and mobile trading services, focusing on FOREX, metals, CFDs, binary options, and other financial services through proprietary and third-party technological solutions.
Dukascopy gives traders access to various instruments in several markets. The broker offers many excellent features and services for beginner and professional traders.
| Evaluation | 8.11 |
| Regulations | |
| Minimum Deposit | $100 |
| Islamic Account | Aailable |
| Payment Methods | Bank transfer, Credit card, Electronic Banks, Crypto |
| Main Branch | Switzerland |
| Demo Account | Yes |
| Trading Platforms | Proprietary Platform (JForex platform), Web platform, mt4. |
Pros
- Established in 2004.
- Segregated client funds.
- Regulated by FINMA and the JFSA.
- The minimum deposit is as low as USD 100.
- A relatively high number of features and platforms.
- Good leverage levels of 200:1 are available in some jurisdictions.
- Both demo and Islamic accounts.
- Over 1200 tradable assets.
- Good customer support.
- Excellent proprietary trading platform, JForex.
- Wide range of market research tools, trading contests, bonuses, and banking services.
- Dukascopy TV is available to educate and upskill traders.
Cons
- High withdrawal fees.
- Inactivity fees apply in some cases.
- Limited account types.
- Lack of truly global coverage.
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