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Dukascopy Broker Review Review and Information 2024

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Dukascopy

Registration

Open Account Now

Reviews Rating

Rating

Status

Trusted

Regulation

FINMA №1441

Trading software

JForex, MT 4

Headquartered

Route de Pré-Bois 20, 1215 Geneva, Switzerland

Dukascopy is a Swiss broker providing online trading services in financial markets since 2004. The company is famous for its reliability, high level of security and quality of customer service. In this review, we will take a closer look at the key aspects of working with Dukascopy, including regulation and security, trading instruments, account types and commissions, platforms, education, as well as the main advantages and disadvantages of this broker.


Dukascopy: a reliable choice for trading

Regulation and safety

Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA), which guarantees a high level of security and trust from clients. The broker is also licensed by the Financial and Capital Market Commission (FCMC) in Latvia to serve EU clients. The broker uses advanced technology to protect customer data and funds, including encryption and fund segregation, which helps minimize risk and provides additional protection.

Trading instruments

Dukascopy offers a wide range of trading instruments. This diverse selection allows traders to diversify their investment portfolios and use different strategies to achieve their financial goals. Access to a wide range of markets makes Dukascopy attractive to traders with different interests and experience levels.

The broker’s clients have access to more than 1,200 assets, including:

  • Forex
  • Commodities
  • Cryptocurrencies
  • Metals
  • Indices
  • Bonds
  • Stocks
  • ETF

Account types and fees

Dukascopy provides several account types to suit the needs of different traders. The broker’s commission structure is transparent and competitive, allowing traders to easily understand their costs and effectively plan their trading strategies. Tight spreads and low commissions make trading with Dukascopy especially attractive.

MetaTrader 4

Account currencies: USD, EUR, GBP, CHF, PLN

Deposit currencies: USD, CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, CNH, SEK, SGD, TRY, XAU, ZAR

Max leverage: 1:30

MetaTrader 5

Account currencies: USD, CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, CNH, SEK, SGD, TRY, XAU, ZAR

Deposit currencies: USD, CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, CNH, SEK, SGD, TRY, XAU, ZAR

Max leverage: 1:30

Platforms

Dukascopy offers access to MetaTrader 4 and MetaTrader 5 trading platforms, which are intuitive and easy to use. These platforms provide a wide range of tools for market analysis, trading automation and risk management. The platforms support various order types and allow traders to develop and test their own trading strategies. Mobile versions of MetaTrader provide convenient access to trading on the go, making Dukascopy an excellent choice for active traders.

Education

Dukascopy is actively developing educational resources, offering clients a wide selection of materials, including webinars, seminars, video tutorials, articles and analytical reviews. These resources help traders improve their skills and knowledge, which is especially important for novice users. Webinars and seminars are held regularly, covering various aspects of trading and market analysis, making education accessible and useful for all levels.

Advantages and disadvantages

Pros:

  • Regulated by FINMA, which ensures a high level of security
  • Wide range of trading instruments for portfolio diversification
  • Transparent and competitive commission structure
  • Access to popular trading platforms
  • Extensive educational resources for traders of various levels
  • Mobile apps for easy access to trading on the go

Cons:

  • Additional fees may apply for using certain features and services.

Summary

Dukascopy is a reliable and professional broker offering a wide range of services and trading opportunities for traders of different levels. Regulated by FINMA, the broker provides a high level of security and trust. A transparent and competitive commission structure and a variety of trading instruments make Dukascopy an attractive choice for many traders. Extensive educational resources and mobile apps add value, making Dukascopy a great choice for beginners and professionals equally.

Broker Trading Information

  • WWW

    https://www.dukascopy.com/

  • Partnership programs

    +

  • Expert advisors

    +

  • Free education

    +

  • Bonuses, Promotions

    +

  • Mobile trading

    +

  • Automated trading

    +

  • Daily analysis

    +

  • Demo account

    +

  • Swaps

    +

  • 24/5 trading

    +

  • Scalping

    +

  • Hedging

    +

  • PAMM

    +

  • Maximum Leverage

    1:30

  • Available assets

    Currencies, commodities, cryptocurrencies, metals, indices, bonds, stocks, ETF

  • Languages

    English, French, German, Russian, Spanish, Polish, Portuguese, Italian, Chinese

  • Broker type

    ECN broker

  • Copy Trading Brokers

    +

  • Bitcoin Forex Brokers

    +

  • Account

    $100

Dukascopy Broker ReviewTraders' Reviews

The most reliable user-friendly platform, includes a wide selection of assets that most traders need.

Candy

11.10.2024

Reply

Loving the JForex platform and SDK for my trading project. The comprehensive API is a dream, making my strategy, coding and backtesting a breeze. The charting tools are top-tier, and custom indicators took my analysis to new heights. The multi-currency support is a lifesaver, making global trading a cinch. There are a few rough edges, like some outdated trade execution docs, but overall, it’s a powerhouse.

Alex

09.10.2024

Reply

I opened a bank account at Dukascopy in December 2023. Since then, I have reported minor technical problems to their customer support who always answered and solved them! That's amazing.

Oksana

26.09.2024

Reply

I'm infinitely grateful for their platform.

Charles

13.09.2024

Reply

The trading software has so many useful features and is compatible with any type of trader, weather you are a scalper, an intra-day or a swing trader, the platform has every timeframe you can use!!! And lets not forget about the indicators, they are limitless! Overall, this is the best trading software I have ever used in my 2 years of trading.

TNX

21.08.2024

Reply

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