All Share (J203) = 90 066
Rand / Dollar = 18.17
Rand / Pound = 23.54
Rand / Euro = 19.64
Gold (usd/oz) = 3 080.57
Platinum (usd/oz) = 987
Brent (usd/barrel) = 73.03
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Dukascopy Minimum Deposit

Dukascopy Minimum Deposit
 

The Dukascopy Minimum Deposit amount to open a real trading account is $100, which is equivalent to R 1 600ZAR at the exchange rate between the US Dollar and South African Rand at the time of writing. The Minimum Deposit for 1st-time traders might vary based on the trading account type selected.

 

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 Minimum Deposit below.

 

Dukascopy Minimum Deposit Revealed – Key 10 Point Quick Overview

  1. Dukascopy at a glance
  2. Who is Dukascopy?
  3. Dukascopy Minimum Deposit Overview
  4. Dukascopy Minimum Deposit
  5. Dukascopy Deposit fees and deposit methods
  6. Step by step guide to depositing the Dukascopy minimum amount
  7. Dukascopy Bank Customer Reviews
  8. Dukascopy Minimum Deposit Pros and Cons
  9. Conclusion
  10. Frequently Asked Questions

 

Dukascopy Minimum Deposit Overview

 

According to research in South Africa, Dukascopy is a Swiss online forex and CFD broker and hosts a subsidiary of Dukascopy Bank SA, which is officially registered as a Swiss bank with the Swiss Financial Market (FINMA) authority. Dukascopy Bank SA offers both personal retail Forex trading and binary options accounts and has extensive business interests.  Dukascopy Bank itself was only founded in 2004 in Geneva, Switzerland but already originated in the 1990s.

 

Having been in business since 2004 Dukascopy prides itself on the security of its funds, no price manipulations, and speedy executions. In 2006 the company started up its Swiss FX Marketplace, which operates as an ECN and has since grown and expanded internationally.

 

Dukascopy Overview

 

Dukascopy Minimum Deposit

 

Dukascopy has a minimum deposit requirement of only $ 100.This minimum deposit amount was equivalent to ZAR 1 600 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

Dukascopy’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.

 

🔍 BrokerDukascopy
💰 Minimum Deposit $100/ZAR1 800
💳 Deposit OptionsBank Wire Transfer Credit/Debit Cards Bitcoin Bank Guarantees Skrill Neteller
📊 Trading Platforms MetaTrader4,
JForex Desktop,
JForex Web,
iOS and Android platforms
📌Open an account Open Account

 

Dukascopy Minimum Deposit

 

Dukascopy Deposit fees and deposit methods

 

Compared to other brokers, the minimum deposit amount that Dukascopy requires when traders register a live account is fair. Dukascopy offers traders deposit methods that can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.

 

Dukascopy does/not levy additional fees, and third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours. USD, CHF, EUR, ZAR, GBP, CAD, JPY, SGD, PLN, AUD, HKD, DKK, MXN, NOK, NZD, RUB, SEK, TRY, ZAR, XAU, CNH, CZK, HUF, ILS, RON is accepted as Deposit currencies. Traders must ensure that they verify whether their financial institution charges its own fees. Dukascopy accepts the following payment methods:

 

💳 Bank Wire
💳 VISA
💳 Bank Guarantees
💳 Maestro
💳 Neteller
💳 Crypto Currencies
💳 Skrill

 

Step by step guide to depositing the Dukascopy minimum amount

 

📒 Traders can fund their accounts by sending the funds to one of the Dukascopy segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved. Funds must be transferred in the same currency as the bank account to which they are sending it, this prevents currency conversion fees from being charged.

 

Process: 

 

Step 1 – Login into your live trading platform.

 

Open the Dukascopy dashboard and access the My Account report.

 

Dukascopy Minimum Deposit Step 1

 

Step 2 – On Desktop Platforms: Go to Account > My Account

 

Mobile Platforms: Go to More > Account > Account settings

 

Step 3 – Locate the Deposit and Withdrawal sections to complete your Dukascopy minimum deposit.

 

Dukascopy Minimum Deposit Step 2

 

Dukascopy Bank 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 Minimum Deposit Pros and Cons

 

✔️ Pros❌ Cons
Both demo and Islamic accountsOverwhelming website
Fair minimum deposit requiredEducational resources and products are limited.
600+ tradable assets include Forex ECN trading
Strong regulation under a Swiss banking license and by Japan’s FSA and European FCMC.
Access to high leverage of 1:200

 

Dukascopy

 

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

 

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 Fees and Spreads

You might also like: Dukascopy Islamic Account Overview

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 Contact Us

 

Frequently Asked Questions

 

 

Are my deposits safe with Dukascopy?

 

Dukascopy offer their clients “Deposit Protection” and in addition to that their funds are safeguarded by the careful management by Dukascopy of its own assets and liquidity.

 

How does the minimum deposit of Dukascopy compare to similar brokers?

 

The minimum deposit requirement of Dukascopy is considered fair when compared to similar brokers.

 

What are the deposit methods for Dukascopy?

 

Dukascopy offer their clients convenient deposit methods including: Bank Wire, Visa, Bank Guarantees, Maestro, Neteller, Cryptocurrencies and Skrill.

 

What is the minimum deposit requirement for Dukascopy?

 

The minimum deposit required to open a live trading account is $100 which is equivalent to R 1 600 ZAR at the exchange rate between the US Dollar and South African Rand at the time of writing.

 

How long does it take for deposits to reflect in my account?

 

Traders should generally allow for one business day for funds to reflect in their accounts. According to Dukascopy, funds deposited by credit or debit card may take a while to reflect. Feedback is typically provided within 48 hours if human intervention is needed (excluding weekend time).

4.8/5 - (39 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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