Pros
- FINMA-licensed Swiss bank — top-tier prudential oversight
- Transparent ECN/marketplace model (SWFX) with a powerful JForex platform
- Competitive commissions for volume traders
Cons
- Account structure & the JForex platform can be complex for beginners
- Minimum deposit relatively high compared to typical retail brokers
- Leveraged products are high-risk
Feature summary
CategoryForex
Minimum depositVaries by account type — check the official site
Demo accountAvailable
PlatformJForex (desktop/web), MetaTrader 4, Mobile app, API (FIX/JForex)
InstrumentsForex, CFDs, Metals, Commodity/index CFDs, Crypto (partial)
SupportLive chat, email & phone (market hours)
Regulation statusDukascopy Bank SA is a licensed bank & securities dealer supervised by FINMA (the Swiss financial regulator). Its European entity (Dukascopy Europe) is supervised in Latvia. Its 'Swiss bank' status adds a layer of prudential oversight.
Fee modelECN model: raw spread + volume-based commission — competitive for volume; exact figures not yet verified
Estimated cost per lotRaw spread + volume-based commission (ECN) — exact figures not yet verified
Risk & regulation notes
Dukascopy is a FINMA-licensed Swiss bank with a transparent ECN model. Still: leveraged forex/CFD trading is high-risk.
Primary sources
Product facts are summarized from the broker's official materials. A broker's own claims are not automatically treated as independent verification.
Update history
- 2026-08-01
Editorial review 2026-08-21: high score for Swiss-bank status (FINMA) + transparent ECN model. Platform complexity & minimum deposit are a con for beginners.