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Dukascopy Bank

Company Dukascopy Bank SA
Website
Broker type ECN
Minimum deposit 5000 USD
Regulations MiFID, FINMA, FKTK
Discount 20% for 1 month

Average rating

View ratings
9
Total average

9/10

Credibility ( 10 )
No problems with withdrawals. No suspicious practices.
Customer Service ( 9 )
Contact with the support. Deposit/withdrawal process. Reliability.
Offer ( 8.5 )
Level of spreads and commissions. Bonuses, competitions.
Platform ( 8.5 )
Ease of use, fast execution, reliability.

Description

Dukascopy is one of the largest retail brokers in the world and one of the oldest ECNs available to retail clients. However, it is good to know that it also offers its services to institutional clients. In addition to the MetaTrader 4 platform, it also offers its own version Java-based platform – JForex. The broker is generally regarded as very reliable, fair and relatively cheap. The disadvantage may be the lack of micro accounts, but if you have a greater amount available, this seems like a a reasonable choice.

Commission rebate

You can receive a 20% commission rebate on all transactions for 1 month from opening the account. Just sign up using the link below.

RevTeam

Specifications

Company Dukascopy Bank SA
Website
Broker type ECN
Leverage 1:200
Minimum deposit 5000 USD
Negative balance protection Stop Loss - 100 CHF
Regulations MiFID, FINMA, FKTK
Trading platforms JForex, MetaTrader 4
Payments Wire Transfer, Debit Cards (Maestro, Visa Electron), Credit Cards (MasterCard, Visa), Bank guarantees
EUR/USD Spread From 0.2
Min lot 0.01
Country Switzerland
Established in 2004
Number of instruments 100+
Discount 20% for 1 month

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Dukascopy Bank - Reviews (2)

8.5
Partial ratings
Credibility:10
Customer Service:8
Platform:8
Offer:8

Too much paperwork in registration process... Offer quite good but there are better. Maybe it is good for big players because of neutral jurisdiction.

Plusses No plusses
Minors No minors
Posted on
9.5
Partial ratings
Credibility:10
Customer Service:10
Platform:9
Offer:9

Very good alternative for all cyprus brokers. Its part of Dukascopy Bank which is well known to all traders. Low deposit and simple registration is big plus!

Plusses No plusses
Minors No minors
Posted on

Submit your own review

No problems with withdrawals. No suspicious practices.
Contact with the support. Deposit/withdrawal process. Reliability.
Level of spreads and commissions. Bonuses, competitions.
Ease of use, fast execution, reliability.

 

I confirm that this review was written based on my own experience and was not solicited in any way by any broker.

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