Loading live market data…
FXMARE editorial rating, not user reviews.
A uniquely structured Swiss bank and securities dealer offering true ECN forex via its own SWFX marketplace, proprietary JForex platform, and FINMA-grade client-fund protection.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
A uniquely structured Swiss bank and securities dealer offering true ECN forex via its own SWFX marketplace, proprietary JForex platform, and FINMA-grade client-fund protection.
Dukascopy is regulated by FINMA (Switzerland) — bank and securities dealer, Bank of Latvia (Latvia) — via Dukascopy Europe IBS AS, JFSA (Japan) — Type-1 licence via Dukascopy Japan K.K.. Independently verifiable licences include Dukascopy Bank SA — Swiss commercial register CHE-112.086.322; Dukascopy Europe IBS AS — Latvian company reg. 40003344762 (supervised by Bank of Latvia). It ranks among the most trusted, tier-1-regulated brokers in this comparison.
EUR/USD spreads start around 0.2 pips on the raw/ECN account (about 0.2 pips on the standard, commission-free account), with $7 (JForex, base tier); volume-tiered down to ~$0.50/lot at highest volume; $8 for MT4/MT5 commission. The minimum deposit is $100 (JForex ECN); $1,000 (MT4/MT5) and maximum retail leverage is 1:200 (Switzerland/EU, JForex); 1:100 (MT4/MT5); 1:25 (Japan). Swap-free (Islamic) trading is offered conditionally — Available on request for any JForex ECN account — activate/deactivate freely via the trader cabinet. An additional fee of USD 5 per $1M (currencies) or USD 7.5 per $1M (precious metals/CFDs) applies in lieu of swaps. A running "Deficit" is tracked and debited on account closure or full withdrawal; trading is blocked if equity cannot cover the Deficit. No time limit stated, but Dukascopy reserves the right to cancel swap-free status at its discretion..
Platforms include JForex 4, MT4, MT5. Dukascopy provides ~1,200+ (60+ FX pairs, 1,000+ equity CFDs across 19 countries, 70+ ETFs, 20 indices, 14 commodities, 18+ crypto CFDs, 3 bonds) across Forex, Stocks, ETFs, Indices, Commodities, Crypto, Bonds, Options, funded via Bank wire (SWIFT/SEPA), Visa/Mastercard/Maestro/Visa Electron, Skrill, Neteller, Crypto (BTC, ETH, USDT).
Dukascopy occupies a rare niche: it is simultaneously a licensed Swiss bank and a multi-regulated broker, meaning retail clients benefit from CHF 100,000 esisuisse deposit protection on top of standard segregated accounts. Execution quality is genuinely institutional via the SWFX ECN, and the JForex platform is one of the most powerful proprietary environments available — though its complexity will deter casual traders. Costs are competitive for high-volume traders (commissions tier down steeply) but the MT4/MT5 minimum deposit of $1,000 and higher withdrawal fees temper its appeal for beginners or low-frequency traders.
Headquarters: Geneva, Switzerland · Funding: Bank wire (SWIFT/SEPA), Visa/Mastercard/Maestro/Visa Electron, Skrill, Neteller, Crypto (BTC, ETH, USDT)
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
Dukascopy is authorised by FINMA (Switzerland) — bank and securities dealer, Bank of Latvia (Latvia) — via Dukascopy Europe IBS AS, JFSA (Japan) — Type-1 licence via Dukascopy Japan K.K.. Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Available on desktop, web and mobile. Tradable across Forex, Stocks, ETFs, Indices, Commodities, Crypto, Bonds, Options. Track every position you take with Dukascopy in the FXMARE trading journal.
Dukascopy occupies a rare niche: it is simultaneously a licensed Swiss bank and a multi-regulated broker, meaning retail clients benefit from CHF 100,000 esisuisse deposit protection on top of standard segregated accounts. Execution quality is genuinely institutional via the SWFX ECN, and the JForex platform is one of the most powerful proprietary environments available — though its complexity will deter casual traders. Costs are competitive for high-volume traders (commissions tier down steeply) but the MT4/MT5 minimum deposit of $1,000 and higher withdrawal fees temper its appeal for beginners or low-frequency traders.
No reviews yet — be the first trader to review Dukascopy.
No complaints filed against Dukascopy. If you’ve had an unresolved issue, you can file one above.
FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of Dukascopy. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.
