Dukascopy

Dukascopy Swiss FX Group

Dukascopy - Forex Broker

Broker nameDukascopy
Company nameDukascopy Swiss FX Group
Online since2004-01-01
Site urlhttp://www.dukascopy.com
CountrySwitzerland
Minimum account size1000.00
Minimum account size currencyUSD
Minimum position size0.010000
Maximum leverage100
Maximum leverage description1:100
Spread levellow
Spread description0-1 pip on EUR/USD + commission
Is regulatedYES
Regulation descriptionMember of ARIF (a self regulatory financial organization).
Easy registrationNO
Votes count530
Rating5.90
Email[email protected]

Please rate this broker


Advantages

  • PAMM accounts available.
  • ECN Forex broker.
  • Advanced trading platform.
  • Low spreads.
  • A respected Forex company.
  • MT4 trading platform is available.

Disadvantages

  • Opening an account is a complicated process.
  • Rather high minimum account size.
  • Over-the-weekend leverage decrease.

Payments

  • Bank wire

Categories

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14 Reviews

  1. Alex Findlay:

    Dukascopy is above of all brokers. I wish to make clear many things about whether this broker is going to impose new CFTC rules. Those rules do not apply to banks. Because Dukascopy is a bank, it should be ok until June of 2011. There is a thing that you should take to attention is that Dukascopy can change leverage requirements based on different times and market liquidity. Most commonly this happens on Friday in the afternoon…
    Alex Findlay

  2. Akshay:

    I think this is one of the best traders who ensure 100% transparency for what they do. They even can be named a number 1. There is a one disadvantage of them, however, is high minimum deposit as well as hassle registration process. But still I love them!

  3. Henry:

    Dukascopy keeps pleasantly surprise me. They are improving execution on regular basis as well as making minimum requirements lower. They offer ECN trading to any trader. In fact, they have become a bank, so there is no need to be worry about your money.

  4. Dave:

    Just a few years ago I would not check them as my ECN Broker. But now I see that things are much better. They have high the liquidity and there is no execution problem.

  5. Hubertus:

    Their MT4 is still under testing. As customer support says it will last for six month.

  6. Daniel:

    I hope them becoming a bank soon. Once this happens, they will be the leaders.

  7. S M GUPTA:

    I like Dukascopy
    Dukascopy is a professional broker, with awesome market execution. Trading is always good. My big thanks to Dukascopy for developing such a great market place.

  8. Ronald:

    I have been using them for six months. I do not have any problems with them. If I had any, all of them were solved by their support. Probably, the technology that are used by them is a bit difficult but once you have learn it, you can fully enjoy. Another great thing is that they have many IB which initiated a war who will offer the highest rebates. I started with forextradingchoice.com and my profit rate is much better.

  9. Gbenga Payne:

    Dukascopy is a great company, with awesome market execution.

  10. IKECHUKWU CHIKEZIE:

    I love Dukascopy

  11. Syndy:

    Market depth is big. At times major banks cannot execute 100 million order, but it seems not a problems for Dukascopy.

  12. Marcel:

    They customer services are very nice and the way their treat you is really pleasing. They seem to be prefect. As to the order execution, there is no problem neither. I can only wish them having an office in Zurich.

  13. David:

    It is a great company with outstanding execution. I have segregated account as well as got an interest from Swiss bank. It is awesome, then you can trade and get a good income form the bank.

  14. Markus:

    I have tried their JForex API. API is good very good automatic trading. It took me one week to get my script ready, but trading is great. My big thanks to Dukascopy for developing such a great marketplace.

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