Dukascopy Europe Review 2021

Dukascopy Europe Review 2021
March 2021

87

Position
in rating

87

Position in rating

4.35/10
Overall rating

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of Dukascopy Europe Trading Company

“Dukascopy” — is the steady-going broker that has European Union licence through which it offers its services to a great number of customers all over Europe. One of the main benefits of this broker is the access to SWFX platform, which can be used by large hedge-funds, banks and private investors.

💰 Account currency: USD, EUR, GBP, CHF, PLN
🚀 Minimum deposit: 100 USD
⚖️ Leverage: 1:30
💱 Spread: from 0.2 p.
🔧 Instruments: Forex, Metals, Commodity CFD, Index CFD, Bonds CFD
💹 Margin call/Stop Out: 100/50%
Attention!

We work exclusively with the accounts opened through Traders Union.

Dukascopy Europe Latest Comments 2021

0
5
0

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Dukascopy Europe published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

Out of the invested 2300 dollars, I was able to recapture only 1400. That's it. During this time, we managed to withdraw some money only once. I paid a huge commission, and not only the bank commission was taken, but some money was deducted inside the company, although it seemed to me that here it should be repaid at the expense of the broker. Well, the fact that even investments could not be recaptured says a lot, of course. A very strange office with super strange conditions.

The conditions are the same as in a Swiss bank, but in fact there is no service as such. I do not understand at all how they stay afloat for so many years if 50% of clients merge regularly with such spreads and swaps. It is impossible to make money here under such conditions, no matter how big you are. No one can even drain you on purpose, but at the same time they will not give you money - they will increase unscheduled spreads, regardless of the situation on the market, and write it all.

Dukascopy scammers with a tarnished reputation! There is not a single person who could really confirm his words with facts! And then they write that they are withdrawing $ 1000 every month, that's a lie! I earned 500 dollars in six months, so this is from 4000 $ invested! On promotions !!! Well this is how much you need to contribute in order to work at least 50%?

Blocked for no reason. They didn't even let me ask what was the matter, they just blocked it and that's it. The account was active, the transactions were closed for a couple of months already, but damn it, the account is not empty! On a deposit of 304 usd, doesn't that count? Disappointed completely at Dukascopy

Out of 10 deals made in a month, 8 were in plus. But when calculating the profit, I found out that the net profit came out +64 usd. It's all! The rest of the money went to cover swaps and fees. The most unprofitable broker

Analysis of the Main Features of the Forex Broker

4.35

Overall rating

4.14

/10

Execution of orders

4.56

/10

Investment instruments

4.2

/10

Withdrawal speed

4.5

/10

Customer Support work

3.98

/10

Variety of instruments

4.72

/10

Trading platform

Dynamics of the Popularity of Dukascopy Europe
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mär.
Apr.
Mai.
Jun.
Jul.
Aug.
Sep.
Okt.
Nov.
Dez.

Trading Conditions for Dukascopy Europe Users

💻 Trading platform: JForex, MT4, Web, iOS
📊 Accounts: Real, Demo, PAMM
💰 Account currency: USD, EUR, GBP, CHF, PLN
💵 Replenishment/Withdrawal: Wire Transfer, Credit/Debit Card, Neteller, Skrill, Bitcoin, Ether
🚀 Minimum deposit: 100 USD
⚖️ Leverage: 1:30
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 Spread: from 0.2 p.
🔧 Instruments: Forex, Metals, Commodity CFD, Index CFD, Bonds CFD
💹 Margin call/Stop Out: 100/50%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: YES

Comparison of Dukascopy Europe with other Brokers

Dukascopy Europe FxPro XM Group Admiral Markets UK AvaTrade eToro
Trading
platform
MobileTrading, WebTrader, JForex, Java MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option MobileTrading, WebTrader
Min deposit $100 $100 $5 $200 $100 $200
Leverage From 1:1
to 1:300
From 1:1
to 1:200
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
From 1:2
to 1:30
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points From 2 points
Level of margin call
/ stop out
100%  /  200% 50%  /  50% 100%  /  50% 100%  /  30% 25%  /  10% No
Execution of orders Market Execution, Instant Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution Instant Execution
No deposit bonus No No $30 No No No
Cent accounts No No Yes No Yes No

Broker comparison table of trading instruments

Dukascopy Europe FxPro XM Group Admiral Markets UK AvaTrade eToro
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes Yes
Crypto No Yes No Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No No No Yes No Yes
Options No Yes No No No Yes

Contacts

Registration address Lacplesa iela 20a-1, Riga, LV-1011, Latvia
Regulation
Official site
Contacts

Tags:

Dukascopy Europe IBS AS Dukascopy Europe dukascopy.com/europe/ www.dukascopy.com/europe/

The Oldest Reviews of the Dukascopy Europe

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Dukascopy Europe published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

Out of 10 deals made in a month, 8 were in plus. But when calculating the profit, I found out that the net profit came out +64 usd. It's all! The rest of the money went to cover swaps and fees. The most unprofitable broker

Blocked for no reason. They didn't even let me ask what was the matter, they just blocked it and that's it. The account was active, the transactions were closed for a couple of months already, but damn it, the account is not empty! On a deposit of 304 usd, doesn't that count? Disappointed completely at Dukascopy

Dukascopy scammers with a tarnished reputation! There is not a single person who could really confirm his words with facts! And then they write that they are withdrawing $ 1000 every month, that's a lie! I earned 500 dollars in six months, so this is from 4000 $ invested! On promotions !!! Well this is how much you need to contribute in order to work at least 50%?

The conditions are the same as in a Swiss bank, but in fact there is no service as such. I do not understand at all how they stay afloat for so many years if 50% of clients merge regularly with such spreads and swaps. It is impossible to make money here under such conditions, no matter how big you are. No one can even drain you on purpose, but at the same time they will not give you money - they will increase unscheduled spreads, regardless of the situation on the market, and write it all.

Out of the invested 2300 dollars, I was able to recapture only 1400. That's it. During this time, we managed to withdraw some money only once. I paid a huge commission, and not only the bank commission was taken, but some money was deducted inside the company, although it seemed to me that here it should be repaid at the expense of the broker. Well, the fact that even investments could not be recaptured says a lot, of course. A very strange office with super strange conditions.

Articles that may help you

Top 5 US Forex Brokers in 2021
For Beginners
Top 5 US Forex Brokers in 2021
Jack Moore - January 2021
What is Forex Trading? Your Guide to Start Earning
For Beginners
What is Forex Trading? Your Guide to Start Earning
John Mayer - February 2021
Best European Forex Brokers in 2021
For Beginners
Best European Forex Brokers in 2021
John Mayer - January 2021
Benefits of Working with the Traders Union
For Beginners
Benefits of Working with the Traders Union
Alexey Vrask - February 2021
5 Tips for Forex Trading Success
For Beginners
5 Tips for Forex Trading Success
Samuel Adamson - January 2021
How to Invest in Forex? A Beginner's Guide
For Beginners
How to Invest in Forex? A Beginner's Guide
Grant Adlington - February 2021
How to Open a Forex Demo Account for Free?
For Beginners
How to Open a Forex Demo Account for Free?
Grant Adlington - January 2021
How Much Does the Average Day Trader Make?
For Beginners
How Much Does the Average Day Trader Make?
David Butler - February 2021
Step-by-Step Guide on How to Open a Forex Account
For Beginners
Step-by-Step Guide on How to Open a Forex Account
John Mayer - February 2021
How Much Can You Make Trading in Forex in 2021?
For Beginners
How Much Can You Make Trading in Forex in 2021?
Jack Moore - February 2021
Forex Risks Investors Should Consider
For Beginners
Forex Risks Investors Should Consider
Daniel White - February 2021
Forex License Types - Best Forex Regulators
For Beginners
Forex License Types - Best Forex Regulators
Jack Moore - February 2021
Why Trade Forex: The Pros and Cons of Forex Trading
For Beginners
Why Trade Forex: The Pros and Cons of Forex Trading
Grant Adlington - February 2021
Best Investment Brokers in 2021
For Beginners
Best Investment Brokers in 2021
Grant Adlington - February 2021
PAMM Account Brokers in Forex 2021
For Beginners
PAMM Account Brokers in Forex 2021
Flynn Simpson - February 2021

FAQs

Do reviews by traders influence the Dukascopy Europe rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Dukascopy Europe you need to go to the broker's profile.

How to leave a review about Dukascopy Europe on the Traders Union website?

To leave a review about Dukascopy Europe, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Dukascopy Europe on a non-Traders Union client?

Anyone can leave feedback about Dukascopy Europe on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with Dukascopy Europe through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.