Ducascopy ECN Forex Broker

ECN Forex Dukascopy

The swiss ECN forex broker Dukascopy is for many experienced forex traders one of the best forex brokers in the world. Above all traders appreciate this swiss broker’s reliability, integrity and high performance trading platform. Whereas eToro is rather the broker for beginners who want to learn forex trading from scratch or who are looking for an advanced social trading environment, Dukascopy is the perfect broker for experienced forex traders and serious investors, looking for a real ECN Broker. Your account can be opened in 7 different currencies: USD, CHF, EUR, GBP, JPY, CAD and AUD. The minimum deposit for private investors is $1000. Dukascopy exists since 1998 and is backed by a stock volume of 22 million CHF. The Dukascopy bank is regulated by swiss law, the broker is member of the ARIF (self-regulation) and meets the money laundering regulations in Switzerland. The forex broker convinces with extremely tight spreads of 0,5 – 1 pip for EUR/USD and 1 – 2 pips for GBP/USD.

ECN forex

Dukascopy is a so called ECN Forex Broker. ECN stands for "Electronic Communication Network". With a real ECN Broker the traders trade amongst each other, so there is no intervention from the broker. If someone wants to sell the EURUSD there is another trader on the other side who needs to buy it. The spread with ECN brokers is not fixed and varies according to the financial market. Trading with an ECN forex broker is in general cheaper than with a fixed spread trading broker. With Dukascopy you can trade any style you want, even scalping and hedging is allowed. Compared to a retail broker or any other market maker a real ECN broker doesn't trade against their clients. The ECN Broker just provides access to the market place where traders meet and buy and sell their currencies. There's no manipulation whatsoever with this broker due to the lack of a dealing desk.

MT4 ECN Bridge

Dukascopy can now be used with MT4, via MT4 ECN Bridge, which wasn't possible to date as this software was primarily developed for retail brokers. A MT5 ECN Bridge for the swiss forex market is in planning. The bridge interacts between the Metatrader 4 platform and the JForex Platform where the trades eventually are executed. This means that from now on you can run your EA with this perfect and fast ECN Broker via MT4 ECN Bridge.

Currency trading with Dukascopy

Dukascopy provides direct access to the swiss forex market. This broker works with their own software jforex which is downloadable for free. The software of the Dukascopy Bank SA SWFX is java based and can be testet in a free demo version with virtual money until the trader is fit for trading real money. Java means that this platform is even fit for your Mac. The Dukascopy trading platform provides the trader with lots of tools for risk management and charting analysis. If you don’t have your laptop or PC with you, you can trade via phone on 5 days per week. Like the forex broker FXPRIMUS Dukascopy SA counts on a rugged and powerful technology of their trading platform which starts with a high performance hardware and a thousand times tested software. There are no trading restrictions, you can trade any style you want – be it news trading or scalping. Dukascopy do not only provide their customers with a leverage but with a unique pip and leverage calculator.

Trading Platformy

Dukascopy offers 6 trading platforms to their clients:

Disadvantage of Dukascopy

Dukascopy is a real Forex Broker only. Forex means Forex and nothing else except from precious metals. If you want to trade indices, stocks and interests as well you should rather go for ActivTrades or easyforex.


Dukascopy is always anxious to improve their technologies and set new benchmarks. When it comes to protection of data, Dukascopy emphasizes the swiss law which sets very strict standards. Your data is safe with Dukascopy. The broker offers a guaranteed stop loss, so you don't need to worry about gaps (that hardly occur in the forex market anyway). Dukascopy Bank SA is, like all banks and securities dealers in Switzerland, mandatory signatory of the "Swiss banks and securities dealers’ agreement regarding deposits protection". Deposits are protected until maximum CHF 100’000.- for each client.

JForex – trade forex automatically with Dukascopy

Dukascopy offers an automated trading solution called JForex. This Java based solution has been developed by Dukascopy and can developed further by the trader. There are even contests on the platform on a regular basis in order to honor the best stratey builder and his or her performance. In the Jstore you can download a certain strategy that fits to your needs. This option of enhancement marks out the JForex software from other automated trading solutions. At the same time the JForex is platform independent and the same trading strategy can be used for many forex pairs at the same time. You can consider not less than 180 indicators – hard to beat with manual forex trading! If you like automated trading solutions you will like Dukascopy as well.

Money Manager

Dukascopy provides an advanced PAMM environment which is perfect for money managers who want to trade the money of their clients, parents, relatives etc. Managed Accounts can be funded in different currencies and deposited by different institutions. The trades of the money manager are executed simultaneously in the linked managed accounts of his customers.

Dukascopy trader’s challenge

Like eToro and other online brokers Dukascopy runs a trader’s challenge on a regular basis. Every month the best forex trader is awarded with a very precious swiss watch and must reveal their trading strategy with Dukascopy tv. This is to encourage junior traders to become a successful forex traders. In order to take part in the trader’s challenge you just have to have a real money account with Dukascopy and execute 10 trades per month. The main criteria to win the challenge is your realized profit within 1 month. But the lucky winner must commit oneself to transparency and reveal their strategy in an interview on Dukascopy TV. The challenge shall not incite traders to trade with a higher risk but to promote transparency in forex trading. The lucky winner is invited to Geneva where he is given a precious “Quinting & Dukascopy” watch worth 15.000 CHF (!) which is only worn by few people in the world like Vladimir Putin and Bill Clinton.

Quick registration

Use this form to register quickliy with Dukascopy:

Dukascopy Contest

Dukascopy at a glance

Dukascopy Forex Open account with Dukascopy
MT4-Broker MT4 - Metatrader 4
Regulation KPMG, PKF, ARIF, ACI Suisse
Min. deposit 1000 $
Leverage 1:100
Spread EUR/USD 0,2 -1 pips
Commodities Gold
Currency Pairs 22
Webtrader Yes
Software JForex, MT4
Demokonto Yes, free for 14 days

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At a glance

Deposit: 1000 $

Leverage: 1:100

Spread: 0,2 -2 pips

Currencies: 22

Commodities: Gold

Account: ECN

Webtrader: Yes

Software: JForex, MT4 ECN bridge

Demo account: Yes (14 days)


Dukascopy open account