All Share (J203) = 89 898
Rand / Dollar = 18.26
Rand / Pound = 23.64
Rand / Euro = 19.71
Gold (usd/oz) = 3 072.65
Platinum (usd/oz) = 984.50
Brent (usd/barrel) = 73.34
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Dukascopy Fees and Spreads

Dukascopy Fees and Spreads
 

Dukascopy Fees Spreads and Commission vary according to the account type that the trader is using. Dukascopy offers average spreads of 0.1 pips on the EUR/USD, and Dukascopy Bank offers favorable and trader-friendly fees and charge structures.

 

Dukascopy at a glance

 

Broker's NameDukascopy
📍 HeadquarteredGeneva, Switzerland
📅 Year Founded2004
⚖️ Regulating AuthoritiesFinancial Market Supervisory Authority (FINMA), Financial Services Agency of Japan (JFSA), Financial and Capital Market Commission (FCMC).
🌐 Countries not accepted for tradeBelgium, Canada, Israel, US
☪️ Islamic account (swap-free)Yes
📒 Account Types Forex/CFD ECN Account
Forex MT4 Account
👍 Demo AccountYes
📊 Managed AccountsYes
📈 Maximum Leverage200:1
💰 Minimum Deposit100 USD/ZAR1 600
💳 Deposit &
Withdrawal Options
Bank Wire, VISA, Bank Guarantees, Maestro, Neteller, Other Crypto Currencies, Skrill
💻 Platform TypesMetaTrader4,
JForex Desktop,
JForex Web,
iOS and Android platforms
📈 Tradable assets offeredCryptocurrencies: (2) Bitcoin, Ethereum
CFD: (605+) Gold, Silver, Stock Indexes, Bonds, Oil, Other Commodities
Desktop platform (Windows), (Mac),
Web platform
📱 OS CompatibilityDesktop, web, Android, iOS
👨‍💼 Languages supported on WebsiteTwelve languages incl: English, German, Spanish, Polish, Russian, Italian, Chinese, and more
👥 Customer Support LanguagesSixteen different languages including English, German, Spanish, Polish, Russian, Italian, Chinese and more
📆 Customer Service Hours24 hours a day, 6 days a week
📃 License Reg. No40003344762
📌Open an account 👉 Click Here

 

Min Deposit

USD 100

Regulators

FINMA, JFSA, FCMC

Trading Platform

MT4, JForex Desktop, JForex Web

Crypto

Yes

Total Pairs

60

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Choose your quick section of our Dukascopy Fees Spreads and Commission below.

 

Dukascopy Fees Spreads and Commission Revealed – Key 9 Point Quick Overview

 

  1. Dukascopy at a glance
  2. Dukascopy Overview
  3. Dukascopy Fees and Spreads
  4. Dukascopy Fees
  5. Dukascopy Broker Fees
  6. Customer Reviews
  7. Dukascopy Fees and Spreads Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

Dukascopy Overview

 

Dukascopy is a forex broker operating from Switzerland that provides traders with access to platforms that allow them to buy and sell foreign currencies. Retail traders use this broker to gain access to the 24-hour currency market for speculation purposes.

 

Forex broker services are also provided for institutional clients and large companies such as investment banks. Dukascopy brokerage was only founded in 2004 in Geneva, but Dukascopy Bank SA already originated in the 1990s and has extensive business interests.  Dukascopy Bank South Africa is officially registered as a bank with the Swiss Financial Market (FINMA)

 

Dukascopy Overview

 

Dukascopy Fees and Spreads

 

Dukascopy holds a low and incredibly competitive spread list when compared to what other brokers are offering where a currency pair such as the EUR/USD has an average spread of 0.1 pips.

 

Dukascopy Asset Class Fees and Spreads

📌Asset Class📊Spreads from💸Fees📈Leverage💳Commission per Lot
💱Forex0.1 pipsNo additional feeUp to 1:200$3.5 per $100,000 traded (per side)
🪙Commodities0.02 pips (Gold)No additional feeUp to 1:100$3.5 per $100,000 traded (per side)
➡️Indices1 pip (DAX)No additional feeUp to 1:100$1.5 per $100,000 traded (per side)
💰Cryptocurrencies1% (BTC/USD)No additional feeUp to 1:30.2% of transaction volume
📜Stocks0.1%No additional feeUp to 1:100.1% of transaction volume
🖺Bonds0.02%No additional feeUp to 1:100$3.5 per $100,000 traded (per side)

 

Dukascopy Fees and Spreads

 

Dukascopy Broker Fees

 

Dukascopy Bank does not charge deposit fees or inactivity fees.

 

Traders need to verify what additional charges may be waived by their financial institution. In addition, should traders transfer fees in a currency that is different from their account base currency they may be subjected to currency conversion fees. No withdrawal fees are charged.

 

Dukascopy Broker Fees

 

Min Deposit

USD 100

Regulators

FINMA, JFSA, FCMC

Trading Platform

MT4, JForex Desktop, JForex Web

Crypto

Yes

Total Pairs

60

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Customer Reviews

 

Excellent

Simple and intuitive platform, excellent broker and bank. I have been using it for more than 1 year and I am very happy with its service and support. – ItalianinUY

IG 5 Star Review

Guess how long does it take Dukascopy to fix a charting bug on iPhone … read on

Used the in-app “Chat with Broker” function to let the broker know of some charting bugs on iPhone (Ichimoku charts fail to display the most crucial data)…. – billy au

IG 4 Star Review

It took them 3 business days to process…

It took them 3 business days to process blockchain deposit. Right after they processed it they disabled debit card ordering for Russian citizens – the only service I needed. The support team ignore questions and work very slowly – it takes days to get a response.

IG 3 Star Review

 

Dukascopy Fees and Spreads Pros and Cons

 

✔️ Pros❌ Cons
Both demo and Islamic accounts availableLimited educational resources and products
Access to high leverage of 1:200
Strong regulation

 

Dukascopy Fees and Spreads

 

You might also like: Dukascopy Review

You might also like: Dukascopy Account Types Overview

You might also like: Dukascopy Demo Account – Step by Step

You might also like: Dukascopy Islamic Account Overview

You might also like: Dukascopy Minimum Deposit

You might also like: Dukascopy Sign up Bonus

 

Conclusion

 

Dukascopy can be summarily described as a worthwhile company for potential traders, knowing that it is able to offer a host of features that are often unavailable with other Forex or binary options brokers.

New traders will find many different features available and both new and experienced traders should have no trouble using them.  Customers can benefit from all the information available on the site before they invest. All information is available in many different languages and all types of trading are allowed, including scalping.

 

Dukascopy Bank

 

 

Frequently Asked Questions

 

 

How does Dukascopy fees and spreads compare to similar brokers?

 

Dukascopy scores reasonably well when it comes to live spreads and trading fees of similar brokers.

 

Are there any additional fees charged by Dukascopy?

 

In addition to the standard fees, $0.5 per 1 MT4 lot is charged by Dukascopty for trading on MetaTrader 4 platform.

 

Will I have to pay any withdrawal fees with Dukascopy?

 

No, Dukascopy does not charge withdrawal fees, but fees from a financial institution applies.

 

What commissions are charged by Dukascopy?

 

Commissions charged by this broker are reasonable and starts at $3.50 / R53 ZAR per 100 000 lot per side for the smallest accounts.

 

Does Dukascopy charge inactivity fees?

 

No, inactivity fees does not apply.

 

 

4.8/5 - (38 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

April 7, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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