Dukascopy Review 2026

Open Dukascopy Account → 65% of retail investor accounts lose money when trading CFDs with Dukascopy.
4.0 / 5

A licensed kitchen with real, checkable paperwork.

Dukascopy opened its doors in 2004 and cooks as a regulated CFD broker, carrying FINMA licence Registered.

What's on the menu

Dukascopy has been serving since 2004, with the kitchen based in Geneva, Switzerland. The firm is privately held. The order book runs deep: 500 CFD instruments spanning forex, indices, commodities and crypto. Everything here is a contract for difference, so you are trading the price move, not owning the underlying dish.

MetaTrader comes plated on every account type. There is no copy-trading option here.

Founded2004
HeadquartersGeneva, Switzerland
Instruments500+
PlatformsJForex, MT4, Binary Options
MetaTraderYes, MT4 and MT5
Copy tradingNo
Real stocksNo, CFDs only

Kitchen inspection: is Dukascopy safe?

The Seychelles FSA is an offshore regulator. It requires broker registration and basic conduct rules, but does not offer the same client protections as the FCA, CySEC, or ASIC. There is no compensation scheme and leverage limits are not imposed.

RegulatorLicenceEntity
FINMARegistered ✓Dukascopy Bank SA
FSASD030 ✓Dukascopy Europe IBS AS
JFSA関東財務局長(金商)第2438号 ✓Dukascopy Japan KK

Want to inspect the kitchen yourself? Pull up investingchef.com and look up the FINMA licence. The listing lays out the entity name, its authorisation status and the full list of what it is cleared to do. A minute, tops.

Ready to open an account?

Dukascopy - FINMA regulated, min deposit $100, 500+ instruments.

Start Trading at Dukascopy →

Ingredient costs: Dukascopy spreads

Here is what the raw ingredients cost on a standard Dukascopy account. Spreads breathe with the market and with your account tier; step up to an ECN or raw-spread table and the spread shrinks, but a per-trade commission joins the bill.

EUR/USD0.2 pips pips
GBP/USD0.5 pips pips
USD/JPY0.3 pips pips
Gold (XAU/USD)17c/oz
S&P 5000.4pt

That EUR/USD figure of 0.2 pips pips is a lean, low-cost ingredient, right up there with the ECN specialists.

The bill: Dukascopy withdrawal fee and timing

Cost to take money out: None. Dukascopy does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.

How long it takes: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.

No cash leaves the till until your identity checks out. If your proof of ID and address are not yet filed and cleared, the payout waits; once you are fully verified, cash-outs follow the timings shown above.

The cover charge by entity

The opening deposit at Dukascopy depends on which entity seats your country. Offshore branches tend to set a smaller cover charge, but you dine with a thinner layer of regulatory protection.

EntityRegulatorMin depositMax leverage (forex)
Dukascopy Bank SAFINMA Registered$1001:200
Dukascopy Europe IBS ASFSA SD030$1001:200
Dukascopy Japan KKJFSA 関東財務局長(金商)第2438号$1001:25

Dukascopy vs RoboForex

DukascopyRoboForex
Primary regulatorFINMA N/AFSC 000138/210
Min deposit$100$10
EUR/USD spread0.2 pips pipsFrom 0.0
MetaTraderYesYes
Instruments500+12,000+
Copy tradingNoYes
Withdrawal feeNoneVaries

Both kitchens hold real licences, so neither is a bad table. Pull up a chair at Dukascopy if you value MetaTrader and running algorithms. RoboForex plates up better for anyone who leans on leaner spreads.

The licences, line by line

FINMARegistered, Dukascopy Bank SA
FSASD030, Dukascopy Europe IBS AS
JFSA関東財務局長(金商)第2438号, Dukascopy Japan KK

Under ESMA house rules, retail traders in the EU and UK are served leverage no higher than 1:200 on the major forex pairs. The offshore entity will pour up to 1:200, but that comes with a lighter seal of protection.

What tastes good, what leaves a bad aftertaste

Cooked well

  • JFSA regulated, Dukascopy Japan KK
  • MetaTrader 4 and 5 available
  • No inactivity fee
  • Tight EUR/USD spread from 0.2 pips
  • Regulated in 3 jurisdictions

Sent back

  • No copy trading
  • No real stock ownership, CFDs only
  • High leverage only via offshore entity

Compare Dukascopy before you commit

4.0/5 rating - FINMA regulated - min deposit $100

Visit Dukascopy →

The verdict

Nothing on the plate here is fake: Dukascopy is a genuine, regulated broker, and FINMA licence Registered checks out on the public register. The table is set best for traders who want MetaTrader served on a regulated platform. We rate it 4.0 out of 5.

Other tables worth a look

If Dukascopy is not quite to your taste, these regulated kitchens are worth comparing:

Swissquote
FINMA regulated · Min $1000
Read review →
RoboForex
FSC regulated · Min $10
Read review →
BlackBull Markets
FMA regulated · Min None
Read review →

Frequently asked questions

Is Dukascopy safe?

The Seychelles FSA is an offshore regulator. The kitchen holds FINMA licence Registered, and you can confirm it for yourself on the official register.

What is the Dukascopy minimum deposit?

The cover charge is $100 at the main regulated entity. Offshore branches may plate it differently, so check the entity table above for the full spread.

What is the Dukascopy EUR/USD spread?

On a standard Dukascopy account the EUR/USD ingredient runs about 0.2 pips pips. It moves with the market; an ECN or raw table trims the spread in exchange for a per-trade commission.

How long does Dukascopy take to process withdrawals?

1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.

Does Dukascopy charge withdrawal fees?

None. Dukascopy does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.

Does Dukascopy have MetaTrader?

Yes. Both MT4 and MT5 are on the menu across every account type, so automated strategies, custom indicators and expert advisors are all on the table.

65% of retail investor accounts lose money when trading CFDs with Dukascopy. CFDs are complex instruments. Consider whether you can afford the high risk of losing your money.