Dukascopy – rview of the trading platform

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Dukascopy Europe Review

Dukascopy Europe general information


Founded in: 2020 year
Offices in the country: Latvia
Minimum Deposit: 100 $
Website: www.dukascopy.com
Website languages:
Execution model: ECN
Deposit currency:
Support languages:
Regulated by:
Mobile trading: iOS, Android
Affiliate program: Not

Dukascopy Europe Forex broker description

Dukascopy Europe is a forex trader working under the dukascopy umbrella which was formed in 1998 and is 100% owned by the Swiss bank of dukascopy bank SA. A check on its progress over the years since its inception two decades ago, you can clearly see how consistent it is in performance. This has made it a popular forex trading firm with its many clients who come from every region worldwide.

Trading Accounts

To be able to execute trades on the dukascopy platform, you will need to sign up for an account to make this fruitful. Dukascopy has a variety of accounts that are designed to meet a client’s immediate needs in trading. These accounts are the demo account and the live trading account.

The Demo Account

A specially made account that has been designed to suit the needs of new clients with little or no experience in trading. The demo account will teach the clients on how to execute trades through demos that the clients will tryout by themselves. They use virtual funds in the execution of trades meaning the client will not be affected by losing trades financially.

The Live Account

The live account is the standard account type that is meant for both newbie clients and also the clients who are more experienced. The perks of this account type are as follows:

  1. Access to a wide range of trading instruments.
  2. Minimum initial deposit of $100.
  3. Accounts can be opened using a range of currencies such as the United States dollar, the Great Britain pound, the euro, the Australian dollar, and the Canadian dollar among many more currency units.
  4. Equality in prices and liquidity for all clients.
  5. For lots, the minimally acceptable order stands at 1000 units for the base currency being used.
  6. No maximum lot size limitation.

The Company. Security Of Funds.

Dukascopy is a very credible trader that has a large clientele base all over the world. This has forced it to make long-term strategies to accommodate all its clients. This is like expanding its offices so that apart from its headquarters in Switzerland, it has offices in Japan, Ukraine, Russia, Hong Kong, China, Latvia, and Malaysia. It has also made necessary adjustments to its system to accommodate various languages used by many of its clients such as Russian, Spanish, English, Arabic, Arabic, Portuguese and Chinese among many other languages.

Dukascopy Europe has a very dedicated and professional workforce that work round the clock to ensure clients’ needs are fulfilled. They will answer customer queries in time and ensure that they are content in their respective trades. The staff may also occasionally offer advisory services to the clients where the need arises.

The firm is also very credible if you are to check on dukascopy customer reviews and comments and also it licensing from the concerned regulatory bodies. This is to comply with the set rules and regulations of the territories it runs its operation from. Among the bodies that have given dukascopy a clean bill to operate include:

  1. Dukascopy Europe has been licensed to operate in the greater European region by the financial and capital market commission (FCMC).

Dukascopy in keeping up with the regulations set to govern its operations has made a bid to ensure clients funds safety. Clients’ funds being kept safe will ensure that no disagreements that may disrupt the awesome client relationship that it has strived to create over the years and also to uphold its integrity as a credible trader. For this reasons, it has come up with measures that will safeguard these funds. Among these measures are:

  1. It has custody of clients’ funds that are stored in a custodial account and will be released on the declaration of bankruptcy of the firm.
  2. Declines additional payments for negative balances.
  3. Exclusive capital protection by the firm.
  4. Slippage control to reduce the probabilities of liquidation.

Trading Conditions

Minimum Initial Deposit

The minimum initial deposit by a client to his or her account stands at $100. This is a very reasonable amount and will be used as the client’s trading base capital.

Spreads And Commissions

The spreads stand at a minimum of 0.5 pips per unit currency. No commission is charged at all.

Trading Platforms

Dukascopy, being a big name in the fore trading industry with plenty of customers, has invested in among the best trading platforms that help in the effective execution of trades. The platforms include the jforex universal trading tool, jforex web 3 instant market access and the jforex trader for the mobile platform.

The Jforex Universal Trading Tool

This is a recommended platform for both manual and automated trading and is meant for traders in need of a platform that uses the Java programming language. The perks of this platform include:

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  1. Slippage control.
  2. Customizable settings.
  3. Technical and news analytical tools are provided.
  4. A multilingual interface.
  5. Hedging support.

The Jforex Web3 Instant Market Access

The jforex 3 instant market access is a versatile platform intended to meet the needs of all trader regardless of trading conditions or other limitations presenting themselves.

The benefits of this platform are:

  1. Customizable features to meet user preference.
  2. Has the slippage control feature.
  3. Multilingual feature.
  4. Frequent updates of its set up.
  5. Awesome analytical and charting tools.

The Jforex Mobile Platform

This is a downloadable application that will allow you to execute your trades through your mobile device. There are two versions one for the Android operating system and the other is meant for the ios operating system. Among the perks of this platform are:

  1. Multilingual interface.
  2. Fast execution of trades.
  3. Supports all network types from the edge, 3g, and 4g
  4. Superb analytical and charting tools.


The following are the promotions currently being offered by dukascopy.

  1. A 10% bonus of the account equity for all self-trading accounts.
  2. Refer your friend and upon his successful deposit and trading, you will be awarded $50.

Withdrawals And Deposits

Withdrawal and deposits from dukascopy is a simple process to initiate and uses various channels. These channels include bank transfer, debit or credit cards such as Visa, MasterCard and maestro and also e-payment methods such as Neteller and skrill.

Processing of these funds is fast and will take a maximum of 5 days for bank transfers. There are no transaction charges on deposits but you will incur a small fee on withdrawals.

BRIEFLY ABOUT Dukascopy Europe

In conclusion, dukascopy is a very credible trader that will provide a potential client with all the right tools required to join the forex business. Its products have been specially tendered to cater for all clients from all over the globe. I would strongly recommend this trader to anyone who wants to venture into forex trading.

Торгуйте на рынке

Спред EUR/USD от 0.1 пипса для всех счетов

Идеи для торговли


Dukascopy TV – Швейцарское финансовое телевидение

SWFX – швейцарская торговая площадка FX & CFD

Sessions: European US Asian

Информация о рынках

Новости компании

During the upcoming Easter weekend, several markets will be closed. Details of trading schedules can be checked here.

Market behavior and market movements have dramatically changed in the course of the spread of COVID-19 global pandemic in the past weeks. Actions of governments have become unpredictable and Central Banks aim to fight expected bankruptcies and rising unemployment.
This all causes reduction of liquidity from market participants and ongoing increased daily volatility.

These are the reasons for Dukascopy to reduce leverage for commodities, indexes and precious metals to 1:30. The leverage policy for other trading instruments remains unchanged.
The change will come in force as of today at 18:00 GMT (time of usual over-the weekend leverage reduction) and stay in force until further notice.

Dukascopy Bank SA is proud to announce that the bank has reached the finals in two categories in the Technical Analyst Awards 2020.

The bank competes among the global leaders in two categories: Best Forex Research and Best Technical Analysis Platform. Dukascopy bank’s JForex 3 aims at winning the reward for best Technical Analysis platform. Meanwhile, Dukascopy Analytics articles compete for the Best Forex Research award.

The final results of the 2020 awards are expected to be announced on April 30.

More detailed information can be found on corresponding website.

Clocks will be advanced by 1 hour this Sunday, March 29 th , in many European countries.

Please be aware that Trading Summer time will be applied for EU CFDs.

Please beware of the overnight swap rates update.

Due to increased market turbulence the overnight swap rates became wider and are frequently updated without prior notice to reflect the current interbank rates. Please consider merging hedged positions to avoid risks associated with excessive swap costs. We recommend consulting the swap rates page on a regular basis.

For more detailed information on swap rates, see the following pages:
Overnight Policy for JForex
Overnight Policy for MT4

Due to considerable market turbulence and the resulting probability of high volatility, periods of low liquidity and risk of price gaps, Dukascopy is decreasing the maximum exposure limit on 11 instruments. The updated limit values (in contracts) are:
• XAU/USD – 3000
• USA500.IDX/USD – 1000
• USA30.IDX/USD – 100
• USSC2000.IDX/USD – 2000
• FRA.IDX/EUR – 500
• CHI.IDX/USD – 200
• DOLLAR.IDX/USD – 25000
• BUND.TR/EUR – 10000
• USTBOND.TR/USD – 10000
• UKGILT.TR/GBP – 10000

The limitation will enter into force as of this weekend, 14-15 March 2020 and remain in force until further notice. Dukascopy reserves the right to reconsider special trading conditions for other instruments if found necessary.

Please be aware of temporary lack or full absence of liquidity on all CFD instruments especially on US Indices and Stocks.

Underlying Futures Markets may experience hitting a limit down price (being close to 5% circuit breakers) which triggers temporary absence of quotes.

Please beware of CFD Monthly Adjustment procedure update.

In order to reduce trading breaks and standardize CFD Monthly adjustments procedure across all the instruments following changes have been made for Dukascopy Bank and Dukascopy Europe clients’.

Fixing time is determined at 13:50 GMT summer time / 14:50 GMT winter time for all instruments with futures underlying.

Trading break time is reduced to 20 minutes before regular trading break starts.

More detailed information can be found on corresponding website section

Considering the general concerns about the financial situation of the market participants after the recent oil and stocks price drops as well as high volatility on the currency markets, Dukascopy Bank is reporting the following:
1. The YTD profit 2020 of Dukascopy Bank has hit a historical record (above 8 million CHF),
2. Eighty (80) negative accounts have appeared on the 9 th of March 2020, totalling 340k USD which is in line with the Bank’s risk appetite.

Dukascopy Bank will clear those negative accounts, at its expense, without asking any compensation from clients.

All risk mitigation measures in place have proved to be effective and adequate to ensure the stability of the Bank during current and previous extraordinary market events (abandon of the EUR/CHF peg, BREXIT, Trump election, etc.). Such measures are regularly reassessed and adjusted by the Bank.

The Bank would like to reassure its clients and other business partners that Dukascopy Bank, Dukascopy Europe and Dukascopy Japan continue to be reliable and stable trading counterparties.

Clocks will be advanced by 1 hour this Sunday, March 8 th , in the US. The FX trading day ending at 5pm NY time and Dukascopy Market opening and settlement time will be changed from 22:00 GMT to 21:00 GMT effectively this Sunday 8 March 2020.

Please be aware that Trading Summer time will be applied for CFDs and metals from the list below:
US Stocks and ETFs

28 th of February, 2020 Dukascopy Bank SA is proud to celebrate the first anniversary of the Dukascoin project. One year ago, we have officially launched the first payment crypto coin issued for public use by a licensed and regulated Swiss bank. Today it’s time to look back and observe the way the project evolved during the first year.

Dukascopy Bank changes the trading leverage on EUR/PLN, USD/PLN, USD/MXN and the maximum net exposure limit on XAU/USD, EUR/PLN, USD/PLN, USD/MXN, EUR/RUB, USD/RUB, HKD/JPY, CAD/HKD, EUR/HKD, USD/HKD, USD/CNH, EUR/DKK, and USD/DKK starting from 10:00 GMT on March 5, 2020.

For more detailed information about trading conditions, see the following pages:

Please mind that contrary to the fraudulent allegations of Rogerfin, Rogerfin is not in collaboration or ownership relation with Dukascopy Bank or with any other entity of Dukascopy Group.

Rogerfin is fraudulently using Dukascopy’s name for attracting clients/investors, without permission of Dukascopy Group entities. We are taking action against this dishonest organisation.

We advise extreme caution toward such an organization basing its promotion on a lie.

Dukascopy Bank extends the list of available instruments in MetaTrader 4 by launching CFDs on indices, bonds, commodities and introducing new exotic FX pairs. New instruments are now available on demo accounts while the live launch is expected in the coming weeks. With this update, the total number of instruments in MetaTrader 4 will increase from 41 to 95 instruments. The full list of instruments which includes 500+ instruments including FX, Metals, CFDs on commodities, indices, single stocks and bonds remain available in our proprietary JForex3 trading platform.

Development is underway to make new instruments available to Dukascopy Europe, Dukascopy Japan and other White Label partners.

Please beware of special trading breaks for CFD’s and Bullion on Monday February 17th, Washington’s Birthday holiday.

Regular trading hours

• Trading stops at 18:00 GMT on Monday 17 February
Markets re-open at 23:00 GMT on Monday 17 February

• Trading stops at 18:00 GMT on Monday 17 February for
Markets re-open at 23:00 GMT on Monday 17 February

• Trading stops at 18:00 GMT on Monday 17 February for DOLLAR.IDX/USD
Markets re-open at 1:00 GMT on Tuesday 18 February

• Trading stops at 21:00 GMT on Friday 14 February for US stocks and US ETFs
Markets re-open at 14:30 GMT on Tuesday 18 February

• Trading stops at 18:00 GMT on Monday 17 February for LIGHT.CMD/USD, GAS.CMD/USD
Markets re-open at 23:00 GMT on Monday 17 February
• Trading stops at 18:30 GMT on Friday 14 February for COCOA.CMD/USD
Markets re-open at 9:45 GMT on Tuesday 18 February
• Trading stops at 18:30 GMT on Friday 14 February for COFFEE.CMD/USX
Markets re-open at 9:15 GMT on Tuesday 18 February
• Trading stops at 19:20 GMT on Friday 14 February for COTTON.CMD/USX and SOYBEAN.CMD/USX
Markets re-open at 2:00 GMT on Tuesday 18 February
• Trading stops at 19:00 GMT on Friday 14 February for OJUICE.CMD/USX
Markets re-open at 2:00 GMT on Tuesday 18 February
• Trading stops at 17:00 GMT on Monday 17 February for SUGAR.CMD/USD
Markets re-open at 8:45 GMT on Tuesday 18 February

• Trading stops at 22:00 GMT on Friday 14 February for USTBOND.TR/USD
Markets re-open at 23:00 GMT on Monday 17 February

Recently, Dukascopy Bank has noticed the appearance in the Internet of a number of articles containing erroneous/misleading information regarding the development of the Dukascash project of Dukascopy Bank.

In this regard, Dukascopy Bank would like to clarify that no Dukascash tokens have been issued and put in circulation by the Bank so far and that the date of launch of Dukascash cannot be determined at the current stage.

This date will be announced separately in an official communication from the Bank.

For further information you may write to [email protected]

Dukascopy Bank continues adding new services related to its crypto eco-system. The Bank’s infrastracture already allows clients to fund their trading accounts using BTC, exchange its own cryptocurrency Dukascoin on the internal marketplace and trade CFDs on BTC/USD and ETH/USD with leverage of up to 1:3.

Dukascopy keeps developing and extending its list of traded cryptocurrency instruments by adding new CFD on Litecoin to US Dollar (LTC/USD) with leverage of 1:3. Please note that the maximum exposure for instrument is limited to 30’000 USD.

For detailed information on SWAP rates and other trading conditions, please visit our website.

Further steps related to crypto are already in development. Stay tuned.

Please beware of special trading breaks for CFD’s and Bullion on the coming Monday 20th January due to Martin Luther King Jr. Day. The detailed market closures can be found here.

Dukascopy Review


The largest Forex broker offers the entire complex of financial services for a trader, securing the traditional Swiss quality.


Broker Dukascopy
Website URL dukascopy.com
Founded 1998
Headquarters Route de Pré-Bois 20, ICC, Entrance H, 1215 Geneva 15, Switzerland
Support Number +41-22-799-48-38, +41-22-799-48-48
Support Types Chat, telephone (including a call back from the site), e-mail
Languages English, Russian, Spanish, Polish, Portuguese, Chinese, Slovene, German, etc.
Trading Platform MetaTrader 4, SWFX
Minimum 1st Deposit $100
Minimum Trade Amount 0,1$
Bonus 2 types of bonuses
Leverage 1:300
Spread from 0.5 points
Free Demo Account Open Demo
Regulation FINMA
Account Types Demo, Live, ECN accounts
Deposit Methods Bank transfers, credit and debit cards MasterCard, Visa, Visa Electron, Maestro, Dukascopy Payments, Dukascopy Connect
Withdrawal Methods Bank transfers, credit and debit cards MasterCard, Visa, Visa Electron, Maestro, Dukascopy Payments, Dukascopy Connect
Number of Assets 100+
Types of Assets Currency, metals, CFDs on stocks, commodities, indices, options, cryptocurrencies
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score 3/10

Full Review

And yet, is Dukascopy a scam or a decent company you can trust? We will answer this question in the detailed review of the broker.

Terms of trade with Dukascopy

The broker belongs to Dukascopy Group, the largest international group of companies, which includes Dukascopy Bank SA (Swiss innovative online Bank, working for traders around the world), Dukascopy Europe IBS AS (focused on working with private traders from the EU; is part of Dukascopy Bank SA). The secret of Dukascopy’s success lies in providing banking and financial services through the introduction of innovative solutions that make trading functional and efficient.

Choosing this broker for trading, each client receives a Forex trading account in a Swiss Bank, which is one of the most reliable and secure nowadays, as well as a unique access to advanced features of Swiss Foreign Exchange Marketplace, the largest pool of Forex ECN liquidity that use major banks, financial institutions and investors. This platform is the result of IT solutions of the company and its close cooperation with banks and financial institutions, offers to the trader institutional liquidity, instant execution of transactions. Users work directly with the market, offering it their orders, placing individual bid and offer orders, allowing them to buy and sell currencies at improved quotes. This allows users to save on spreads, conduct profitable trading for both sides.

The broker also offers other solutions that have made it an industry leader. For example, trading applications: JForex SWFX (ability to create strategies and indicators); Java SWFX (contains a large number of monitoring tools for technical analysis); web-platform SWFX (functional program with quick access, market signals, etc.); iPhone SWFX and Android SWFX (convenient mobile platforms compatible with Dukascopy TV and offering a lot of opportunities for trading at any time from around the world). It is also possible to combine SWFX and MT4 terminal using third-party solutions.

Such trading platforms of the company are convenient, have a thoughtful and intuitive interface, the function of «Gapping Restriction», which allows to limit gapping or eliminate it completely, provide fast trading in two modes «Net Position» and «Hedging». Users can take advantage of round-the-clock technical support, contact a personal manager who will help to adapt the system quickly and start making real money. The official website of Dukascopy contains a large amount of material that will be useful to any trader (about the company, trading conditions, analytics, training materials, including the popular online project Dukascopy TV, etc.).

Bonuses in Dukascopy

Each trader of the company can get two types of bonuses:

The broker offers an additional profitable bonus of 10% of the deposit amount. Traders claim the bonus within 30 days of transferring funds to the account. You can withdraw the funds if a certain trading turnover was reached within a year from the date of the bonus crediting. Check with your personal manager for detailed bonus terms and conditions.

A profitable bonus of the company will allow you to get additional funds for trading. To take part on the offer, you need to apply for a bonus within 30 days from the last deposit. You have to work bonus. Check with your personal manager information about the detailed bonus terms and conditions.

Deposit and withdrawal

Dukascopy offers a variety of possibilities for deposit and withdrawal operations. To deposit, need to sign up by broker, pass the sum to the account choosing a convenient way to transfer funds (minimum deposit – $100) from the options offered by the broker:

  • Bank transfer,
  • Credit and debit cards MasterCard, Visa, Maestro, Visa Electron.
  • Bank transfer,
  • Credit and debit cards MasterCard, Visa, Maestro, Visa Electron,
  • Dukascopy Payments (conduct transactions via mobile phone),
  • Dukascopy Connect (a convenient messenger developed by a Swiss Bank).

A trader can open an account in any of more than 20 currencies. The broker does not charge any commissions for account replenishment.

Complaints about Dukascopy

Dukascopy is one of the oldest Forex organizations and has a variety of reviews in the network, both positive and negative (truth about Forex). Among the advantages traders note the credibility and reliability of a serious broker with a reputation and reliability of the Swiss Bank, which guarantees favorable trading conditions, available deposit, accuracy of quotations, fast execution, quick withdrawal of money, high-quality flexible platforms, professional assistance of a personal manager, quick communication with technical support. Thanks to Swiss quality and safety, the company is recommended for trading. It is worth noting that there are more positive comments about the broker, which causes trust among users.

However, there are negative user reviews, which mainly relate to problems with the terminal (technical failures, freezes, rare requotes and gapping), a long verification procedure, and a long withdrawal of funds. At the same time there is an agent working on behalf of the organization on the forums in order to minimize the negative and to resolve the customers’ questions.

If we find complaints about Dukascopy, we will post it on social media. Follow us to be well informed:

Dukascopy broker regulator

The broker is licensed under the supervision of the Swiss financial Market Supervisory authority (Swiss Financial Market Supervisory Authority), the company has also received the status of a Swiss Bank with the right to provide the user with any banking services. It is worth noting that FINMA has rather stringent requirements for financial institutions, to get its regulation is extremely difficult and not all companies, including the Forex market, can do it. All representative offices of the company (European, Japanese, etc.) have the necessary licenses to carry out financial activities.

Is Dukascopy a scam?

Dukascopy is one of the oldest and experienced organizations that has been successfully providing its user with Forex services (as well as binary options) based on traditional Swiss quality for almost 20 years. The company is the undisputed leader in Europe and around the world, providing a unique opportunity to have an account in a Swiss Bank. This is largely credible, indicating that is it not a one-day broker.

There are enough references about dealing with the company in Internet, at that they are more positive aspects, which only confirms the quality of service and favorable trading conditions. There are negative comments in the Internet, but they are far fewer. At the same time, a representative of the broker works on the forum and tries to resolve the questions raised by the clients.

A separate significant advantages of the organization are a large number of its own developments: the pool of Swiss Foreign Exchange Marketplace that is used by the largest financial organizations, banks, hedge funds, brokers (for example, Alpari); all traders have a large number of platforms that have positive reviews on the network: JForex SWFX, Java SWFX, SWFX, mobile platforms (also clients can work with the usual MetaTrader 4 terminal).

Such an impressive number of developments are demanded by different financial institutions and indicate a serious confidence in the broker, and his willingness to invest significant resources in developing innovations that make the trade more comfortable and more functional, that this is definitely not a scam artist and bucket-shop, but a powerful structure, offering quality service and fulfilling their obligations on the market. The resource contains a large amount of material about the company, platforms, trading conditions, analytics and training information. The broker has a license to carry out activities (this information is also available on the website), which is a confidence point that guarantees the safety of trading.

Should we consider Dukascopy as a scam artist and a bucket shop? I guess not. For almost 20 years of successful diverse activities in the financial markets, the company proves this by being an indisputably reputable organization that fulfills its promises not only to the trader, but also to prestigious institutions. To avoid problems in working with any broker, properly work with a personal manager, specify the full information about the rules how to use the bonuses, trading features, withdrawal procedures.


The largest international Forex broker Dukascopy has been successfully operating in the financial markets for almost 20 years, ensuring the reliability and safety of Swiss quality to each client. The company is the undisputed industry leader, providing high service not only to the private user, but also to the largest prestigious financial institutions (banks, hedge funds, etc.).

Trust and positive feedback from customers about the company proves the right development strategy, which includes following the trends of online trading, the development of innovative services, favorable trading conditions. Many users recommend the company as a worthy broker, providing wide possibilities for earning real money. Dukascopy does not stop in development, proves the seriousness of intentions, so today we will not evaluate it as a scam company. And yet the references we expect from traders may not only affect the broker’s ratings, but also caution investors against problems.

Best Binary Options Brokers 2020:

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!


    Perfect For Experienced Traders!

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