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Dukascopy

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6.0
(106 Reviews)

Founded: 1998 Min Deposit: 1000 USD

Headquarters: Switzerland Max Lev: 1 : 200

Score
Business Scope
8.5
Trading Cost
6.0
Trading Platforms
6.1
Support
6.1
Licence Status

Strict regulation

FINMA
Japan FSA
FKTK 40003344762
Authorised
Authorised
Authorised
Contact
+41 227994844
support@dukascopy.com
Good Reputation
Multilingual Support
Fast Order Execution
Bank License
Strict Regulation
100+ Trading Instruments
Multiple Trading Instruments
Low Swap Rate
Ethan Marchetti
2023-01-11
I recently started practicing CFD trading on my practice account on Duka and admittedly its going very well. I find the staff to be quite helpful too, even though Im a novice knowing little about CFDs .
Jafar Calley
2023-01-17
It is been great pleasure for me working with Duka. it is an regulated broker. The funds are highly secured. It allow all kind of trading strategy like hedging, scalping, news trading etc. Tight variable spreads, high leverage, fast exaction systems. As far as I know, they also provide negative balance protection and swap free account. I have accounts on its JForex platfrom. It is as friendly used as MT platforms. Pleasant trading experience!
Ahmed Aziz
2022-11-29
Terrible service. Haven't got any responses for more than a week, even though I've sent an email to their official mailing address.
Janin
2023-02-23
I have traded on Dukascopy for almost 3 years. No questions so far. I think Dukascopy is the best broker in terms of fees. It is clear and transparent.It is an honest broker. Plus, they always respond and resolve issues quickly and politely.

Deposit and Withdrawal

6.0

Average

Many payment methods but with high transfer fee

Features

High Withdrawal Fee

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Company and Service

8.4

Very Good

Reputational but with high demand for retail traders

Features

Good Reputation
Long-established
Multilingual Support
Profile
Headquarters Address
Route de Pré-Bois 20 ICC, Entrance H 1215 Geneva 15 Switzerland
Founded 1998
Broker Type
ECN
Time Zone GMT+2
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android
Contact
No Data
Others
Website Language
Arabic,  Chinese,  Czech,  English,  French,  German,  Italian,  Japanese,  Polish,  Portuguese,  Russian,  Slovak,  Spanish
Customer Service By
Email,  Live Chat,  CallBack,  Fax,  Facebook,  Twitter,  Youtube,  Weibo
Supported Language
Arabic,  Chinese,  Czech,  English,  French,  German,  Italian,  Japanese,  Polish,  Portuguese,  Russian,  Slovak,  Spanish

Overall Score

6.0
106 Reviews

Cost 6.0

Platforms 6.1

Deposit & Withdrawal 6.0

Customer Support 6.1

Indicates the average level of Brokers

Keywords for selection
Bad/Unprofessional Customer Support Non-Responsive Customer Support Complicated Registration Process Regulated & Licensed Responsive Customer Support Fast Execution Satisified Good/Professional Customer Support Stable Server Connection Low Swap Fee Worst/Cheated

106 Reviews

Jafar Calley
0-6 months Forex MT4 Account Haiti
It is been great pleasure for me working with Duka. it is an regulated broker. The funds are highly secured. It allow all kind of trading strategy like hedging, scalping, news trading etc. Tight variable spreads, high leverage, fast exaction systems. As far as I know, they also provide negative balance protection and swap free account. I have accounts on its JForex platfrom. It is as friendly used as MT platforms. Pleasant trading experience!
2023-01-17
2
Reply
Janin
1-3 years Forex MT4 Account Netherlands
I have traded on Dukascopy for almost 3 years. No questions so far. I think Dukascopy is the best broker in terms of fees. It is clear and transparent.It is an honest broker. Plus, they always respond and resolve issues quickly and politely.
2023-02-23
Reply
Ahmed Aziz
Not used yet Forex MT4 Account Latvia
Terrible service. Haven't got any responses for more than a week, even though I've sent an email to their official mailing address.
2022-11-29
Reply
Cowboy
7-12 months Luxembourg
Their net capital is very suspect, I don't know of any other broker who represents it as shares of their trading platform. What does it mean for our protection? As it is, it doesn't function that well, freezing very often, execution that can take 30 seconds. Does that sound like a 20 million franc piece of equipment?
2024-01-30
1
Reply
George
1-3 years British Indian Ocean Territory
They manipulate prices and don't let u withdraw your money. If you like to get f***ucked, open an account with Duka
2024-01-25
1
Reply
Razmik Tokoyan
1-3 years Monaco
I have been following the situation with swiss brokers and I dont think Dukas will make it to the banking licence. I am more confident in the more established ones like MIG and ACM. Dukascopy will end up like Crown Forex seeing how they are not up to speed with the banking requirements such as required number of chairmenan and paid up capital.
2024-01-15
1
Reply
Sergio
Over 3 years Switzerland
guys, you can test it, you will enjoy... they have the biggest liquidity.
2024-04-29
Reply
CHRISTOFFERSON
Over 3 years Switzerland
With 10 years of forex experience, I cannot trust other broker than Dukascopy. Their spreads with other competitor are not perfect as an ECN, but this is never an issue for me. In the past years I had a great customer service experience but recently it may require better enhancement, however this is not a showstopper for me as I'm being served. Additionally, their platform is the best experience I ever had as a manual trader, but mobile app may require some trading features and visual adjustments of orders. Ultimately, they are my first choice everytime, despite their higher fees which I dont see it high as long as I am satisfied,
2024-04-26
Reply
pyton
1-3 years Switzerland
I have just found out that Dukas's net capital is NOT made up of hard money but of the "nominal value of their software" , 22,000,000 shares actually...what the HELL does that mean??? what if they go bust, will I get 7 keyboards, 4 screens and a bag of electronic chips as my account refund??? And Real Time Forex don't even have the energy to mount a similar scam, they're just up and leaving for the sunny pirate shores Malta!! Looks like I will have to move to the only seemingly solid brokers left in Switzerland, either MIG or ACM.
2024-04-24
Reply
Matt Letrader
1-3 years Finland
I have tried working on a different platforms from different brokers including the MT4 platform, but my honest opinion is that Dukascopy is the best by far.It actually makes your trading and strategy executions much easier, much smoother.the fact that you got Market News and times included saves you the time of looking somewhere else.All in all, great platform to work on.
2024-04-22
Reply

1-10 of 106 comments

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