
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 Name | Dukascopy |
📍 Headquartered | Geneva, Switzerland |
📅 Year Founded | 2004 |
⚖️ Regulating Authorities | Financial Market Supervisory Authority (FINMA), Financial Services Agency of Japan (JFSA), Financial and Capital Market Commission (FCMC). |
🌐 Countries not accepted for trade | Belgium, Canada, Israel, US |
☪️ Islamic account (swap-free) | Yes |
📒 Account Types | Forex/CFD ECN Account Forex MT4 Account |
👍 Demo Account | Yes |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 200:1 |
💰 Minimum Deposit | 100 USD/ZAR1 600 |
💳 Deposit & Withdrawal Options | Bank Wire, VISA, Bank Guarantees, Maestro, Neteller, Other Crypto Currencies, Skrill |
💻 Platform Types | MetaTrader4, JForex Desktop, JForex Web, iOS and Android platforms |
📈 Tradable assets offered | Cryptocurrencies: (2) Bitcoin, Ethereum CFD: (605+) Gold, Silver, Stock Indexes, Bonds, Oil, Other Commodities Desktop platform (Windows), (Mac), Web platform |
📱 OS Compatibility | Desktop, web, Android, iOS |
👨💼 Languages supported on Website | Twelve languages incl: English, German, Spanish, Polish, Russian, Italian, Chinese, and more |
👥 Customer Support Languages | Sixteen different languages including English, German, Spanish, Polish, Russian, Italian, Chinese and more |
📆 Customer Service Hours | 24 hours a day, 6 days a week |
📃 License Reg. No | 40003344762 |
📌Open an account | 👉 Click Here |
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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
- ✅Dukascopy at a glance
- ✅Dukascopy Overview
- ✅Dukascopy Fees and Spreads
- ✅Dukascopy Fees
- ✅Dukascopy Broker Fees
- Customer Reviews
- Dukascopy Fees and Spreads Pros and Cons
- Conclusion
- 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 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 |
💱Forex | 0.1 pips | No additional fee | Up to 1:200 | $3.5 per $100,000 traded (per side) |
🪙Commodities | 0.02 pips (Gold) | No additional fee | Up to 1:100 | $3.5 per $100,000 traded (per side) |
➡️Indices | 1 pip (DAX) | No additional fee | Up to 1:100 | $1.5 per $100,000 traded (per side) |
💰Cryptocurrencies | 1% (BTC/USD) | No additional fee | Up to 1:3 | 0.2% of transaction volume |
📜Stocks | 0.1% | No additional fee | Up to 1:10 | 0.1% of transaction volume |
🖺Bonds | 0.02% | No additional fee | Up to 1:100 | $3.5 per $100,000 traded (per side) |
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.
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
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
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
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.
Dukascopy Fees and Spreads Pros and Cons
✔️ Pros | ❌ Cons |
Both demo and Islamic accounts available | Limited educational resources and products |
Access to high leverage of 1:200 | |
Strong regulation | |
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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.
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.
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