Reviewed broker: Dukascopy

Established in 1998

Regulation: FINMA (Switzerland), FCMC (Latvia), JFSA (Japan)

Location: Switzerland

USA traders: not allowed

ECN: yes

Minimum deposit requirement: $5,000

Note: Dukascopy Bank SA only opens accounts with less than 5,000 USD for Swiss residents. For non-Swiss residents such an option is available with Dukascopy Europe, an EU subsidiary of Dukascopy Bank SA. ECN accounts with the minimum deposit of 100 USD are available only for the clients of Dukascopy Europe.

Maximum leverage: 1:100

Margin requirement: 1%

Mini account: yes

Demo account: yes (limited to 14 days)

Segregated accounts for client funds: no

Islamic swap free accounts: yes

Managed accounts: yes

Indicators: 250

Payment methods: credit cards, wire transfer

Trading platforms: Jforex, Metatrader 4, SWFX trader (mobile)

Commissions on trades: yes, starting at $5 per million traded

Spread types: variable

Minimum trade size: 0.01 lot

Spreads: starting from 0.3 on EUR USD

Trading signals: yes

Stop loss/ limit orders: yes

Hedging: allowed

Automated trading: yes

Social trading: no

VPS services: no

Customer support: phone, email, skype

Submit your comments