Dukascopy Review 2021

Dukascopy is a Swiss-based forex, CFD, and binary options broker

Dukascopy is a multiple award-winning broker that offers traders Forex, CFDs, binary options, indices, shares, commodities, metals, cryptocurrencies, bonds. Dukascopy allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, Dukascopy has Demo Accounts, Islamic Accounts and Auto Trading but is missing Social Trading and Signals.

Dukascopy also gives traders access to 3 cryptocurrencies: BTC, ETH and LTC.

Careful traders will be reassured knowing that Dukascopy is licensed to offer trading services by several regulators, 3 in fact. Note, however, that the FCA here in the UK is not among the list of overseeing regulators. Careful traders might want the extra safety of going with an FCA-regulated broker.

Dukascopy Summary

Dukascopy is a Swiss-based forex, CFD, and binary options broker

Ratings

70%
Trust
83%
Instruments
57%
Features
BonusNone
InstrumentsForex, CFDs, binary options, indices, shares, commodities, metals, cryptocurrencies, bonds
Demo Account
Min. Deposit$100
Min. Trade0.01 lots
Regulated ByFINMA, FCMC, JFSA
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading Yes - EAs are compatible
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Leverage1:200
FTSE Spread166
GBPUSD SpreadN/A
Oil Spread5.1
Stocks SpreadStart from 0.1

Forex Trading

Dukascopy offers FX trading on over 60 currency pairs

GBPUSD Spread1
EURUSD Spread0.3
EURGBP Spread0.9
Assets63

Cryptocurrency Trading

Bitcoin, Ethereum and Litecoin CFDs

SpreadStart from 0.1
CoinsBTC, ETH, LTC

Payment Methods

Dukascopy accepts the following payment methods:

  • Neteller
  • Wire Transfer
  • Mastercard
  • Samsung Pay

Awards

Dukascopy is a multiple award-winning broker, with 7 awards received so far.

  • Best Forex Trading Apps, 2019
  • Best Platform & Mobile Trading, 2018
  • Best Forex Bank, 2018
  • Best Forex ECN/STP Forex Broker, 2018
  • Best Provider of Liquidity, 2017
  • Best Trading Platform, 2016
  • Binary Options Broker of the Year, 2015
Risk Warning – Your capital is at risk

FAQ

Is Dukascopy Safe?

Yes, most likely, as we gave Dukascopy a trust score of 70% in our review. The main negative factor in this score is that Dukascopy is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does Dukascopy Accept PayPal?

No, Dukascopy does not accept PayPal payments.

Is Dukascopy Halal?

Yes, Dukascopy does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does Dukascopy support?

Dukascopy only supports the MetaTrader 4 trading platform at this time.

Is Dukascopy Regulated?

Yes, Dukascopy is regulated by 3 different regulators: FINMA, FCMC and JFSA.

The fact that Dukascopy is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.

Dukascopy vs Other Brokers

If you want to compare Dukascopy with other brokers, use the detailed comparisons below.

Dukascopy vs
Dukascopy is a Swiss-based forex, CFD, and binary options broker