Dukascopy Rated 3/5

Dukascopy Guide - Read our In Depth 2024 Dukascopy Review

This detailed Dukascopy review has been researched and fact checked by industry experts with over 30 years of financial experience in Social Trading, Binary Options.
*This content does not apply to US users.

Learn more about Dukascopy.

Benefits of Trading with Dukascopy

Dukascopy Review 2024 Quick Summary
💰 Min Deposit 5000
👱‍♂️ Used By 10,000 Dukascopy users and traders
📆 Founded 1998
🌍 HQ Switzerland
👮‍♂️ Regulation Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA)
🚫 Excluded Countries Dukascopy is not available in the following countries : US

Open Dukascopy's Website

Losses can exceed deposits

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is Dukascopy?

Dukascopy are a worldwide financial trading platform and broker. founded in 1998

Over 26 years later Dukascopy now serves over 10,000 retail investors Social trading, and Binary Options trading.

Dukascopy are a global broker. Dukascopy have a head office in Switzerland.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Dukascopy review and assess how well the Dukascopy platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Dukascopy. Choosing or shortlisting a trading platform like Dukascopy can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Dukascopy.

As a result, selecting the right trading platform like Dukascopy requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Dukascopy available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Dukascopy requires thorough due diligence and careful consideration. Some Dukascopy trading features can be complex when trading on mobile or using the Dukascopy online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Dukascopy trading tools properly. In our review of Dukascopy we explain the pros and cons. What Dukascopy offer, countries Dukascopy are available in. Who Dukascopy are regulated by and more.

Dukascopy Review Screenshot

When it comes to online trading with brokers like Dukascopy, carefully review Dukascopy as your broker can make or break your success. Choosing the right broker is essential to ensure your Dukascopy investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Dukascopy review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Dukascopy. You must also ensure the Dukascopy broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Dukascopy needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Dukascopy into easily digestible information in this Dukascopy review. We want to ensure you have all the knowledge necessary to use the Dukascopy trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Dukascopy are the key to successful trading, so we've provided this detailed Dukascopy review. So, take a seat, grab a cup of coffee, and dive in to learn about Dukascopy and how it can benefit you or if Dukascopy is not for you.

Online investing with Dukascopy can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Dukascopy, evaluating the Dukascopy platform is important. Evaluation includes researching the Dukascopy management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Dukascopy. That's why it's essential to understand the Dukascopy company policies and practices before making any investment decisions. By doing your due diligence and understanding Dukascopy platform, you can make informed investment choices that align with your financial goals. So take the time to research Dukascopy thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Dukascopy review you need to determine if Dukascopy is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Dukascopy, so you can make a more informed decision and compare other brokers against Dukascopy.

If you want to look at some Dukascopy alternatives that might better fit your needs, we list and compare some of the best Dukascopy alternatives further down this Dukascopy review.

Trading online with Dukascopy requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the Dukascopy trading tools and features. You must know what you are doing when trading with Dukascopy. That's why we've compiled this detailed Dukascopy review with some important information that will hopefully make you more informed when online trading with Dukascopy.

Dukascopy Review Table of Contents

Dukascopy review
Dukascopy is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about Dukascopy. Dukascopy is a multi asset platform with 100+ tradable Assets. Assets available on Dukascopy include Social Trading, Binary Options.

Dukascopy trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Social Trading, Binary Options are considered financial assets.

Features of Dukascopy

Dukascopy review
What you should know

Dukascopy offer two ways to trade: Social Trading, Binary Options. The assets and products available to you on the Dukascopy trading platform depends on the region of the world, you are in and the Dukascopy entity you have an account.

With Dukascopy you will need a minimum deposit of $5000. You can sign up for a demo account to acquaint yourself with Dukascopy platform.

Dukascopy are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Dukascopy safe?

When considering Dukascopy for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Dukascopy, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 1998, and in operation for 26 years Dukascopy have a head office in Switzerland.

Dukascopy is regulated. This means Dukascopy are supervised by and is checked for conduct by the Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) regulatory bodies.

Dukascopy withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Dukascopy are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Dukascopy are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Dukascopy and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Dukascopy has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Dukascopy will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Dukascopy, you can enjoy peace of mind and focus on your trading activities. If Dukascopy violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with Dukascopy?

All payments made to Dukascopy by traders are securely held in a segregated bank account.

Dukascopy uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should Dukascopy use them?

Dukascopy partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Dukascopy clients' funds.

Dukascopy clients can have greater confidence in their financial security when working with a Tier 1 bank because Dukascopy are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in Dukascopy deposited in a Tier 1 bank?

Depositing funds with Dukascopy ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Dukascopy were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Dukascopy is a secure and safe platform.

Please be aware that trading in financial assets with Dukascopy carries a risk of loss. Dukascopy trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Social Trading, Binary Options due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Dukascopy emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about Dukascopy, let's closely examine its features.

To better understand the Dukascopy trading platform, you can create two separate accounts - one with real money and the other a Dukascopy demo account. A Dukascopy demo account provides a risk-free environment for experimenting with the Dukascopy platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Dukascopy trading decisions.

Open a demo account Visit Dukascopy

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Dukascopy as a Company Compare Against Other Brokers

Broker Dukascopy IC Markets Roboforex eToro
Year Established 1998 2007 2009 2007
Head Office Switzerland Australia Belize Cyprus, UK
Regulation Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ Dukascopy users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection No Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Dukascopy Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

Dukascopy review
Dukascopy Pros and Cons

What we like about Dukascopy

  • Used by over 10,000 Dukascopy users and traders
  • Established in 1998
  • Regulated by Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA)
  • Min. deposit from $5000

What we don't like about Dukascopy

Dukascopy review
Dukascopy Regulation and Licensing in more detail

Dukascopy is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Dukascopy going into insolvency. Dukascopy compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Dukascopy to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Dukascopy traders.

Dukascopy is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Dukascopy you should be sure they're legitimate online agent.

Is Dukascopy Global?

Yes, Dukascopy is global as Dukascopy is available in over 194 countries.

Dukascopy is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Dukascopy covers include the UK, Germany, South Africa, Thailand, China and Australia. Dukascopy has a total of more than 10,000 users.

Dukascopy review
Dukascopy Fees Explained

  • Dukascopy doesn't charge withdrawal fees.
  • Dukascopy does charge a fee for inactive accounts.
  • Dukascopy doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Dukascopy are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

Dukascopy Costs To Check

Modern brokers like Dukascopy provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Dukascopy may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Dukascopy trading profitability.

How Dukascopy Fees Compare Against Other Brokers

Broker Dukascopy IC Markets Roboforex eToro
Min Deposit 5000 200 10 100
Withdrawal Fees No No Yes Yes
Inactivity Fees Yes No No Yes
Deposit Fees No Varies No No
CFD Commission Fees Yes Yes No Yes

Dukascopy Minimum Deposit

Dukascopy requires a minimum deposit of 5000 GBP/USD/EUR when opening an Dukascopy trading account.

A minimum deposit is the minimum amount of money required by Dukascopy to open a new online brokerage account with them.

Don't be scared off by brokers like Dukascopy charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Dukascopy, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Dukascopy Withdrawal Fees

Dukascopy doesn't charge withdrawal fees.

Dukascopy Withdrawal rules may vary across different brokers when it comes to transferring funds from your Dukascopy or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Dukascopy may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Dukascopy withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Dukascopy. Researching and comparing Dukascopy withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Dukascopy funds frequently or dealing with large sums of money. Awareness of these Dukascopy fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Dukascopy funds.

For example, Dukascopy allows you to withdraw your funds to Credit cards, Bank Transfer, Debit cards, .

Dukascopy Inactivity Fees

Dukascopy does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Dukascopy terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Dukascopy fees and services. It's recommended that you check the Dukascopy website before signing up. If you decide to close your Dukascopy account, it's important to do so with the Dukascopy broker customer support and obtain confirmation that no remaining Dukascopy fees are due.

Brokers like Dukascopy must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Dukascopy Deposit Fees

Dukascopy does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Dukascopy Commission Fees

Dukascopy does charge commission on CFD instruments.

Brokerage firms like Dukascopy may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Dukascopy trading account level held by the trader.

Dukascopy may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Dukascopy terms and conditions to understand the commission fees and any other charges that may apply is essential.

Dukascopy review
What can you trade with Dukascopy?

It's essential to note that the trading instruments offered under the Dukascopy brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Dukascopy trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with Dukascopy over 100 instruments in fact.

If you want to trade currency pairs on global Forex markets, Dukascopy offer over 15 currency pairs.

Dukascopy Compared To Other Brokers

Compare Dukascopy with IC Markets and Roboforex below.

Losses can exceed deposits

How Dukascopy Trading Options Compare Against Other Brokers

Broker Dukascopy IC Markets Roboforex eToro
Instruments Available 100 2250 100 5000
Platforms JForex, MT4 (via Bridge), ZuluTrade, WebTrader, Binary Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 15 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes
Exotic Forex pairs Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit Dukascopy
Losses can exceed deposits
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider.

Dukascopy review
Trading on Dukascopy web platforms and other applications

Dukascopy offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Dukascopy also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Dukascopy's platforms

Is the Dukascopy Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Dukascopy trading platform to protect you on PC and mobile Dukascopy platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Dukascopy web trading platforms.

Dukascopy Trading Platform Options

After logging into your Dukascopy account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that Dukascopy does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

Dukascopy does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options Dukascopy gives you.

Dukascopy review
Dukascopy MetaTrader 4 (MT4)

Dukascopy MetaTrader 4

Dukascopy MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Dukascopy offers traders comprehensive features and tools to enhance their trading performance. The Dukascopy MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Dukascopy platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Dukascopy traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Dukascopy traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Dukascopy trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Dukascopy MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Dukascopy, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Dukascopy MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Dukascopy allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with Dukascopy in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Dukascopy MetaTrader 4 is compatible with the latest macOS. Dukascopy allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on Dukascopy

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade Dukascopy MetaTrader 4 on iOS Devices

You can download the Dukascopy app or trade with Dukascopy through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Dukascopy customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade Dukascopy MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and Dukascopy offers its clients access to the MetaTrader 4 platform on these devices. With the Dukascopy MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Dukascopy traders to stay on top of their trades and react quickly to changes in the market. With the Dukascopy MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade Dukascopy MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on Dukascopy are a powerful bundle of three major indicators designed to help traders make informed decisions. Dukascopy MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help Dukascopy traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Dukascopy traders to potentially stay one step ahead.

Dukascopy MetaTrader 4 Advanced Trading Tools

The Dukascopy MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Dukascopy traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Dukascopy provides traders with everything they need to succeed. The Dukascopy MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Dukascopy traders to analyze the market at any level of complexity.

Trade Dukascopy MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

Dukascopy MetaTrader 4 AutoChartist

Autochartist on the Dukascopy platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for Dukascopy MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, Dukascopy traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Dukascopy users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Dukascopy traders can navigate the platform and find the information they need to make informed trading decisions.

Dukascopy Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Dukascopy traders of all experience levels.

Dukascopy Trading benefits

  • Dukascopy Allows scalping
  • Dukascopy Allows hedging
  • Dukascopy Offers STP

Dukascopy Trading Accounts Offered

Below we give an overview of the account types that Dukascopy offer. Whatever you are looking to trade, the varying Dukascopy account types will be able to provide you with what you need.

  • Dukascopy Demo account
  • Micro account
  • Dukascopy Mini account
  • Dukascopy Standard account
  • Dukascopy ECN account
  • Dukascopy STP account
  • Dukascopy Islamic account

Can I try Dukascopy?

Dukascopy provides a demo account that enables individuals to explore trading before investing their funds. By creating a Dukascopy practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Dukascopy demo account can help individuals to make informed decisions before investing their money.

Open a demo Dukascopy account to practice and trade.

Losses can exceed deposits

Dukascopy withdrawal and funding methods

It's essential to remember that the payment methods provided by Dukascopy vary based on the Dukascopy entity and the Dukascopy client's country of residence. To view the Dukascopy payment options available, you can log into your Dukascopy member's area.

Dukascopy offers various funding payment methods listed in your Dukascopy dashboard if available in your region. To learn more about the Dukascopy funding and withdrawal options available in your area, you can explore the Dukascopy website.

Dukascopy provides several payment methods for funding your Dukascopy account. You may utilize any of these deposit options if they are available in your region. Dukascopy ensures that users have multiple payment methods to choose from, making it more convenient for verified Dukascopy account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Dukascopy user's location. learn more about Dukascopy funding and withdrawal methods.

Dukascopy Payment Methods

Some Dukascopy payment methods are local and are available only to specific regions. Dukascopy account holders should check which payment methods are provided in your region.
  • Dukascopy accepts Credit cards
  • Dukascopy accepts Bank Transfer
  • Dukascopy accepts Debit cards
Broker Dukascopy IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No Yes No
Neteller No Yes Yes Yes

*please note available Dukascopy and other broker payment methods depend on the clients country of residence.

How can I start trading with Dukascopy?

To open a trading account with Dukascopy, individuals can sign up on the Dukascopy website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Dukascopy account validation and making a deposit. Once completed, Dukascopy users can download the trading platform of their choice.

It's important to note that Dukascopy requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Dukascopy maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Dukascopy trading platforms is available on their website.

Losses can exceed deposits

Performing trades with Dukascopy

When using Dukascopy, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded. With the ECN and STP execution methods offered by the platform, traders using Dukascopy can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, Dukascopy margin requirements can differ depending on the traded instrument.

Limit Risk When Trading with Dukascopy Stop Loss, Dukascopy Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as Dukascopy . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for Dukascopy traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an Dukascopy trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide Dukascopy traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with Dukascopy, you must actively monitor your live trading portfolio and financial exposure on Dukascopy.

Education Resources at Dukascopy

To trade effectively with Dukascopy, it's important to have a good understanding of the Dukascopy trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Dukascopy and externally.

Dukascopy . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Dukascopy. Familiarizing yourself with the Dukascopy trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Dukascopy. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Dukascopy involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Dukascopy, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Dukascopy. Explore the Dukascopy platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Dukascopy, before live trading.

Customer Support at Dukascopy

As part of our Dukascopy review, we review customer service options, response times and problem resolution effectiveness on the Dukascopy trading platform. The Dukascopy trading platform supports multiple languages, which includes Chinese, English, French, German, Italian, Japanese, Polish, Portuguese, Russian, Spanish.

Dukascopy Available Support Types

Dukascopy has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, and email support.

Dukascopy customer service supports multiple languages from all over the world. Having a broker that can hire people from various locations worldwide who can better communicate with you in your local language is a huge advantage when dealing with issues.

Your customer service experience with Dukascopy has to be positive for you to effectively trade the financial markets on the Dukascopy platform. Dukascopy should answer all of your questions and your Dukascopy platform issues are solved. When an Dukascopy customer has any queries regarding Dukascopy, the Dukascopy customer support team should take these issues seriously and offer a quick and effective solution. Dukascopy has a great client support team, so we have rated their customer service highly.

Livechat Support at Dukascopy

We experienced fast and responsive support from Dukascopy

At Dukascopy, customer support is a top priority. We put their live chat to the test, reaching out through both their app and website. We were pleasantly surprised to receive a response within three minutes. Don't take our word for it. Test the chat service yourself. A responsive chat service from Dukascopy should be a positive support experience for all Dukascopy users, saving you from waiting days for an email response.

We also tested communicating with Dukascopy support in various languages and countries. The Dukascopy help centre quickly resolved our customer issues.

Email Support at Dukascopy

As part of our review process, we wanted to test the email support offered by Dukascopy. We sent 25 emails at different times and were impressed with the response times. We received the fastest response in less than 2 minutes, and the slowest response was 3 hours. While your experience may vary, our testing shows Dukascopy has excellent email support overall.

The support team quickly and efficiently resolved all of our queries. Overall, we were very satisfied with the email support provided by Dukascopy. If you're looking for a broker with reliable email support, Dukascopy is worth considering.

Phone Support at Dukascopy

Our experience with Dukascopy phone support was positive. When we called, the team answered our call promptly, in less than a minute.

During the call, we tested the multilingual Dukascopy team by speaking in different languages, and they made an effort to answer our queries in each language.

The phone support team successfully resolved our questions and issues over the phone. Overall, we found the phone support from Dukascopy good.

See how Dukascopy Support Compares Against Other Brokers

Broker Dukascopy IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages Chinese, English, French, German, Italian, Japanese, Polish, Portuguese, Russian, Spanish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Dukascopy Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with Dukascopy

As Dukascopy is regulated by Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA).

As a new client of Dukascopy, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Dukascopy in your region. During the Dukascopy account opening process, you will be asked to provide Dukascopy with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Dukascopy have the following documents available.

  • Dukascopy require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Dukascopy compliance. This must be dated within the last six months.
  • If you plan to fund your Dukascopy account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Dukascopy platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Dukascopy Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Dukascopy's platform.

However, remember that you won't be able to make trades on Dukascopy until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Dukascopy KYC compliance process as soon as possible to avoid any delays in accessing the Dukascopy platform's features.

It is important to note that Dukascopy may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Dukascopy platform and features immediately. However, you must pass the verification process to start live trading with Dukascopy, which can take up to a few business days.

To start the process of opening an account with Dukascopy you can visit the Dukascopy trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.dukascopy.com/ on April 16, 2024.

Is Dukascopy A Good Broker?

We have spent over 5 years examining Dukascopy in depth. Although we found some very useful aspects of the Dukascopy platform that would be useful to some traders. We feel that a alternative to Dukascopy may better suit you.

  • Dukascopy have a good track record of offering Social Trading, Binary Options.
  • Dukascopy has a history of over 26 years.
  • Dukascopy has a reasonable sized customer support of at least 10.
  • Dukascopy are regulated by the Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA). Dukascopy is subject to strict regulatory oversight from its respective jurisdiction, which holds Dukascopy (the broker) accountable for misconduct. This regulatory framework helps ensure that Dukascopy operates fairly and transparently and provides Dukascopy customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Dukascopy.
  • Dukascopy have regulation from reputable regulators.
  • One of the advantages of using Dukascopy is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Dukascopy are particularly important as Dukascopy traders want to receive their money quickly. With the efficient Dukascopy payment processing system, traders can enjoy faster access to their Dukascopy funds.
  • Dukascopy have an international presence in multiple countries. Including local Dukascopy seminars and training.
  • Dukascopy can hire people from various locations in the world who can better communicate in your local language.

Dukascopy Risk Disclosure

Losses can exceed deposits

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

Dukascopy not quite right?

If after reading this Dukascopy review, Dukascopy does not fulfill your needs check out these Dukascopy Alternatives.

Click here to view the best Dukascopy Alternatives

We have spent years researching the best alternatives to Dukascopy. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective Dukascopy alternatives available today. If you are unsatisfied with Dukascopy or want to explore other options, we recommend checking out our carefully curated list of highly-rated Dukascopy alternatives. Follow the links below to learn more about these Dukascopy broker alternatives and choose the one that best suits your trading needs.

Related Dukascopy Vs Comparisons

Throughout our comprehensive Dukascopy review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Dukascopy against other popular brokers in the industry, check out our Dukascopy Vs pages. Our team has compiled a series of detailed Dukascopy comparison articles, pitting the Dukascopy platform against some of the best-rated Dukascopy competitors in the market. Dive into our informative Dukascopy Vs pages below to find out how Dukascopy stacks up against other leading brokers.

Dukascopy review
DUKASCOPY Frequently Asked Questions

Read our detailed Dukascopy FAQ Section updated for 2024.

Can I try Dukascopy?

Dukascopy offer a demo account so you can try the Dukascopy platform with virtual trading before you put down a payment. Virtual trading with Dukascopy is zero risk. Learn more here

What funding methods do Dukascopy accept?

Please note that the list of payment methods below depends on the Dukascopy Entity and the client's Country of Residence.

Dukascopy offer the following funding payment methods Credit cards, Bank Transfer, Debit cards, among other payment methods.
Learn more here

Losses can exceed deposits

Is Dukascopy safe?

Dukascopy have over 10,000 users. Dukascopy are considered reliable as they are regulated by and checked for conduct by the Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA). Any payments funded to Dukascopy accounts by traders are held in a segregated bank account. For added security,Dukascopy use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Dukascopy is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Dukascopy unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Losses can exceed deposits

Is Dukascopy trading good?

Dukascopy is considered good and reputable to trade with Dukascopy. Dukascopy is used by over 10,000 traders and Dukascopy users. Dukascopy offers Social trading, and Binary Options trading. Minimum deposit with Dukascopy is 5000.

Is Dukascopy trading Legit?

Dukascopy was founded in Switzerland in 1998. Dukascopy has been facilitating trade on the financial markets for over 26 years. Dukascopy offers clients Social trading, and Binary Options trading. All funds deposited to Dukascopy are held in segregated bank accounts for security. Dukascopy is regulated by Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) so can be considered legit.

Is Dukascopy a good broker?

Dukascopy allows Social trading, and Binary Options trading. Dukascopy is overseen by the top tier financial regulators Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) so can be considered a good broker.

Is Dukascopy trustworthy broker?

Dukascopy is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Dukascopy, money is in a segregated bank account that is separate from Dukascopy company's funds. As a regulated broker, Dukascopy cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Dukascopy. Instead, your Dukascopy funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Dukascopy. Also Dukascopy is regulated in its local jurisdictions including major financial regulators like Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA).

What is the minimum deposit for Dukascopy?

The minimum deposit to trade with Dukascopy is 5000.

How long do Dukascopy withdrawals take?

Withdrawing money from Dukascopy processing time varies depending on the method but averages 1-5 days.

Is Dukascopy regulated?

Dukascopy is regulated by the Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA). Regulatory bodies conduct regular reviews and audits as part of Dukascopy maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Dukascopy a market maker?

Dukascopy is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by Dukascopy even if no buyer or seller is lined up.

How can I start trading with Dukascopy?

When opening a trading account with Dukascopy, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Dukascopy trading platforms, you can follow the link provided below: Learn more about signing up with the Dukascopy trading platform here. This will provide useful information and insights into the various trading platforms offered by Dukascopy, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Dukascopy?

Yes your money is safe with Dukascopy.

Overall, strict financial regulation is essential for ensuring that trading platforms like Dukascopy operate fairly, transparently, and responsibly, which ultimately benefits all Dukascopy stakeholders involved.

Trading platforms like Dukascopy must have strict financial regulation for several reasons:

  • Protecting Dukascopy Investors: Strict financial regulation ensures that investors who use the Dukascopy trading platform are protected against fraudulent or unethical behavior by the Dukascopy platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Dukascopy platform.
  • Maintaining Dukascopy Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Dukascopy trading platform. Regulatory procedures reduce the likelihood of the Dukascopy platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Dukascopy Transparency: Regulations require trading platforms like Dukascopy to maintain detailed records and disclose Dukascopy client information. Financial regulatory requirements enhances transparency and helps to build trust between the Dukascopy platform and its investors.

Dukascopy is regulated by the Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA). When selecting a broker such as Dukascopy, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Dukascopy ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Dukascopy.

Is Dukascopy a con?

Dukascopy is regulated and well established, having been in business for over 26 years. Dukascopy is not a con.

Can you make money with Dukascopy?

Although traders have had great success with Dukascopy, trading on the financial markets with Dukascopy is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does Dukascopy have fees?

Dukascopy doesn't charge withdrawal fees. Dukascopy does charge a fee for inactive accounts. Dukascopy doesn't charge deposit fees.

When was Dukascopy founded?

Dukascopy was founded in 1998.

How many people use Dukascopy?

Dukascopy is used by over 10,000 registered Dukascopy users.

What is Dukascopy Headquarters country?

Dukascopy has its head quarters office in Switzerland .

Does Dukascopy offer negative balance protection?

Dukascopy does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does Dukascopy offer guaranteed stop loss?

Dukascopy does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Dukascopy allow scalping?

Dukascopy offers scalping.

Does Dukascopy allow hedging?

Dukascopy offers hedging.

Does Dukascopy offer CFD trading?

Dukascopy does not offer CFD trading.

Does Dukascopy offer STP?

Dukascopy offers STP trading.

How many people use Dukascopy?

Dukascopy is used by over 10000 Dukascopy users and traders.

Is Dukascopy an ECN broker?

Dukascopy offers ECN trading.

Does Dukascopy offer a demo account?

Dukascopy offers a demo account.

Does Dukascopy offer an Islamic account?

Dukascopy offers an Islamic account.

What are the funding methods for Dukascopy?

Please note that funding methods and options available with Dukascopy can be found in the Dukascopy Members area and depend on the Dukascopy client’s country of residence. Please check your specific available payment methods on the Dukascopy website. Dukascopy accept the following funding methods : Credit cards, Bank Transfer, Debit cards, .

Dukascopy review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Dukascopy brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Dukascopy review written by Mark Hansen of Comparebrokers.co