Dukascopy Review 2026
The full Dukascopy write-up for India traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in India
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD030 |
| Regulated Entity | Dukascopy Europe IBS AS |
| Max Leverage (Forex) | 1:200 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.2 pips |
| Instruments | 500+ |
| Platforms | JForex, MT4, Binary Options |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Cooks under FSA (licence SD030). Cover charge $100. In India, forex leverage is capped at 1:200.
About Dukascopy
Dukascopy opened its doors in 2004 out of a kitchen in Geneva, Switzerland. Its menu runs to 500 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Dukascopy Europe IBS AS under FSA.
In India, Dukascopy serves as Dukascopy Europe IBS AS, cleared by FSA under licence number SD030. Under FSA house rules, India traders are poured no more than 1:200 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD030
- 500+ instruments to trade
- Negative balance protection in India
- Platforms: JForex, MT4, Binary Options
- Founded in 2004 (22 years operating)
- Tight EUR/USD spread from 0.2 pips
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Dukascopy regulated?
Yes. Dukascopy is authorised by FSA, issued to the entity Dukascopy Europe IBS AS, an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for Dukascopy in India?
The cover charge is $100, the smallest amount India traders need to open a live account with Dukascopy under FSA rules.
What leverage does Dukascopy offer in India?
In India, FSA rules cap Dukascopy at 1:200 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Dukascopy safe to trade with?
The kitchen passes inspection: Dukascopy cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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