Dukascopy Review & User Rating 2020
In 1998, mathematician Dr. Andre Duka founded Dukascopy Trading Technologies Corp, which led to the development of the Dukascopy trading platform in 1999. Together with his partner, Veronika Makarova, Dr. Duka founded Dukascopy in 2004 as a Swiss brokerage house in Geneva.
- Start year:1998
- Country of origin:Switzerland
- Payment options:Credit/debit cards, Wire transfer
- Minimum account size:$100
- Minimum lot size:0.1
- Spreads:from 0.3 pips
Dukascopy Bank is based in Geneva, Switzerland and is the Head Office of Dukascopy Group. As such, Dukascopy Bank exercises consolidated supervision from Switzerland over its Group entities, ensures adequate liquidity, risk diversification and capital adequacy at Group level.
Dukascopy is a regulated bank that is authorised by two tier-1 regulators, making it a safe (low-risk) broker to trade forex and CFDs.
Dukascopy offers one account type for FX trading under its Forex ECN account, where the execution method can vary between agency and dealing desk. While the spreads are the same for all clients in the ECN account, the added commission rates you pay will vary depending on your trading volume, balance, and net deposits.