Comparison of Dukascopy Bank SA and Dukascopy Europe
Feature | Dukascopy Bank SA | Dukascopy Europe |
---|---|---|
Broker | ||
Year Founded | 2010 | 2011 |
Broker Type | ECN | ECN |
Dealing | A-book | A-book |
Execution | Market | Market |
Regulation | FINMA | FCMC |
Platforms | JForex 4, MetaTrader 4 (MT4), MetaTrader 5 (MT5), SWFX Trader | JForex, MetaTrader 4 (MT4) |
Spread | ⬊ Low | ⬊ Low |
Maximum Leverage | 1:200 | 1:30 |
Minimum Deposit | $1000 | $100 |
Base Currencies | USD, EUR, GBP, CHF, PLN, AUD, CAD, CNH, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, RON, RUB, SEK, SGD, TRY, ZAR, XAU | USD, EUR, GBP, CHF, PLN |
Funding Methods | Bank Wire, SEPA, Credit/Debit Card, Skrill, Neteller, Apple Pay, Cryptocurrencies (BTC, ETH, USDT) | Bank Wire (SEPA/SWIFT), Credit/Debit Card |
Inactivity Fee | CHF 500 after 12 months of inactivity | Up to €50 per 180 days of inactivity after the initial 180-day grace period |
Interest on Margin | ✖ | ✖ |
Withdrawal Fee | Variable (e.g. $20 via bank wire or 2.5% via card/ewallet) | Varies by method; bank/third-party charges and currency conversion may apply |
Investor Protection | Deposit insurance | Latvian Investor Protection System |
Protection Size | CHF 100,000 | €20 000 |
Segregated Accounts | ✔ | ✔ |
Negative Balance Protection | ✔ | ✔ |
Guaranteed Stop Loss | ✖ | ✖ |
Copy Trading | ✔ | ✖ |
VPS | ✔ | ✖ |
MAM/PAMM | ✔ | ✖ |
Scalping Allowed | ✔ | ✔ |
EAs/Robots | ✔ | ✔ |
Depth of Market (DOM) | ✔ | ✔ |
Tradable Assets (CFDs) | Forex, Shares, Indices, Commodities, ETFs, Bonds, Cryptocurrencies | Forex, Metals, Indices, Stocks (CFDs), ETFs, Bonds, Energies, Soft Commodities, Crypto CFDs |
Review | Dukascopy Bank SA Review | Dukascopy Europe Review |
About Dukascopy Bank SA
Dukascopy is a Geneva-based Swiss bank and multi-asset broker founded in 2004. Operating the SWFX ECN marketplace, it delivers deep liquidity, spreads from 0.1 pips and leverage up to 1:200 across 1,000+ instruments. Regulated by FINMA in Switzerland, the broker secures client funds in segregated accounts and extends negative-balance protection. Traders can access JForex 4, MT4/5 and web/mobile platforms, plus PAMM copy-trading, VPS hosting and swap-free Islamic accounts.
Pros
- Swiss banking licence and FINMA oversight
- Ultra-tight ECN spreads from 0.1 pips with transparent commissions
- 1,000+ CFDs plus FX, crypto and binary options
- JForex 4 platform with advanced algo trading and integrated VPS
- Swap-free accounts, PAMM and monthly trading contests
Cons
- High minimum deposit
- No FCA/CySEC compensation scheme for EU/UK residents
- Inactivity fee and platform complexity may deter beginners
About Dukascopy Europe
Dukascopy Europe is the EU subsidiary of the Swiss Dukascopy Group, offering ECN trading with transparent, volume-based commissions and ESMA-compliant safeguards. Clients trade on JForex 4 or MT4/MT5 with access to eight asset classes and 1,500+ instruments on the JForex stack, while EU retail leverage is capped at up to 1:30 with negative balance protection.
Pros
- EU-licensed, supervised by the Bank of Latvia
- True ECN model with tiered commissions
- JForex 4 with Java API
- 1,200+ instruments on JForex
Cons
- Retail leverage limited to 1:30 under ESMA rules
- Inactivity fee may apply after prolonged dormancy
Dukascopy Bank SA & Dukascopy Europe Regulation
Feature | Dukascopy Bank SA | Dukascopy Europe |
---|---|---|
Companies | Dukascopy Bank SA | Dukascopy Europe IBS AS |
Countries | Switzerland | Latvia |
Regulators | FINMA | FCMC |
Investor Protection | Deposit insurance | Latvian Investor Protection System |
Investor Protection Size | CHF 100,000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
Account | Dukascopy Bank SA | Dukascopy Europe |
---|---|---|
ECN Account | ||
Account Name | ECN | ECN |
Min Deposit | $1000 | $100 |
Lot Size | 0.01 | 0.01 |
Spread Type | Floating | Floating |
Execution | Market | Market |
Min Spread | 0.1 | 0.1 |
Fee | $7 per 1 lot | $7 per 1 lot |
Max Leverage | 1:200 | 1:30 |
Stop Out | 50% | 50% |
Margin Call | 100% | 100% |
Additional Features | ||
Demo Account | ||
VIP Account | ||
Swap-Free Account | ||
Copy Trading | ||
VPS | ||
PAMM/MAM Accounts | ||
Binary Options | ||
Account | Binary | — |
Minimum Deposit | $1000 | — |
Option Types | Up/Down, Touch | — |
Minimum Stake | $1 | — |
Payout | from 70% to 90% | — |
Expiration Time | from 5 minutes to 24 hours | — |
Funding and Fees
Feature | Dukascopy Bank SA | Dukascopy Europe |
---|---|---|
Base currencies | USD, EUR, GBP, CHF, PLN, AUD, CAD, CNH, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, RON, RUB, SEK, SGD, TRY, ZAR, XAU | USD, EUR, GBP, CHF, PLN |
Deposit and withdrawal methods | Bank Wire, SEPA, Credit/Debit Card, Skrill, Neteller, Apple Pay, Cryptocurrencies (BTC, ETH, USDT) | Bank Wire (SEPA/SWIFT), Credit/Debit Card |
Inactivity fee | CHF 500 after 12 months of inactivity | Up to €50 per 180 days of inactivity after the initial 180-day grace period |
Interest on margin | ||
Withdrawal fee | Variable (e.g. $20 via bank wire or 2.5% via card/ewallet) | Varies by method; bank/third-party charges and currency conversion may apply |
Trading Platforms and Conditions
Feature | Dukascopy Bank SA | Dukascopy Europe |
---|---|---|
Trading Platforms | JForex 4, MetaTrader 4 (MT4), MetaTrader 5 (MT5), SWFX Trader | JForex, MetaTrader 4 (MT4) |
Execution Speed | 10 ms | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
Asset | Dukascopy Bank SA | Dukascopy Europe |
---|---|---|
Currencies | 60 | 59 |
Indices | 20 | 21 |
Stocks | 1081 | 1081 |
Cryptocurrencies | 18 | 18 |
Bonds | 3 | 3 |
Metals | 5 | 5 |
Energies | 4 | 4 |
Soft Commodities | 6 | 6 |
ETFs | 51 | 51 |
Education and Analytics
Feature | Dukascopy Bank SA | Dukascopy Europe |
---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Contests
Feature | Dukascopy Bank SA | Dukascopy Europe |
---|---|---|
Demo Contests | ||
Is available | ||
Contests List |
| — |
Live Contests | ||
Is available | ||
Contests List |
| — |
- Strategy ContestStart Balance: $100000 · Prize Pool: $5000 · Period: MonthlyLearn More
- Live Trader ContestStart Balance: $1-$10000 · Prize Pool: $1500 · Period: WeeklyLearn More
Customer Support
Contact | Dukascopy Bank SA | Dukascopy Europe |
---|---|---|
Email | support@dukascopy.com | support@dukascopy.eu |
Phone | +41227994848 | +371 67 399 000 |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | YouTube |
Twitter | — |
Which Broker is Better?
After comparing Dukascopy Bank SA and Dukascopy Europe, Dukascopy Bank SA comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.