Dukascopy Bank is a Geneva-based bank combining currency and CFD trading with payment and investment services. Its Swiss accounts, Latvian brokerage subsidiary and Multi-Currency Account have distinct contracts and charges. The pricing examples below primarily cover self-directed Swiss trading accounts; European retail terms are identified separately.[1][2][15]
Accounts and service boundaries
Sections ↑Account routes and supported currencies
| Route | Access and currencies | Account distinction |
|---|---|---|
| Swiss JForex ECN | General-features page: USD 100 minimum; 24 account currencies including USD/EUR/CHF/GBP | Forex, precious metals and CFDs; contract sizes below.Source 7 |
| Swiss MetaTrader 4 / 5 | MT4: USD, EUR, GBP, CHF, PLN, AUD; MT5 has a wider published menu | Both allow hedging and Expert Advisors; specifications differ from JForex.Source 10 |
| Dukascopy Europe IBS AS | USD 100 initial minimum; retail leverage advertised up to 1:30 | FX/metals and CFDs on energy, crypto, indices, bonds, shares and ETFs; SWFX/JForex/MetaTrader infrastructure.Source 16Source 2 |
| Swiss Multi-Currency Account | 24 currencies, payment cards and international transfers | Banking account with its own tariff; trading-account withdrawal charges below do not apply.Source 15 |
Trading and ongoing costs
Sections ↑Advertised Swiss spreads start at 0.1 pips. This quoted minimum does not represent a measured average.[8]
Swiss forex commission examples
MT4 collects the round-turn commission when opening; MT5 charges opening and closing separately. At the entry JForex tier, USD 100,000 of notional costs USD 3.50 each way, or USD 7 round turn before spread and financing.[10][9]
Financing and other ongoing costs
| Component | Published basis | Practical effect |
|---|---|---|
| JForex rollover level | Premium >90% activity; Advanced >20% to 90%; Regular ≤20% | Activity = trading volume / (trading + overnight volume), over 30 days; Advanced applies without history.Source 12 |
| MT4/MT5 overnight | Regular rollover policy; generally triple Wednesday, USD/CAD and USD/TRY Thursday | Daily swap rates vary; these MetaTrader accounts do not support swap-free terms.Source 10 |
| Inactivity | Maximum CHF 100 per client for each qualifying 180-day inactive period | After the initial 180-day exemption: 180 consecutive days without trade/open position or online currency exchange.Source 10 |
| Currency conversion | Cash conversion under 10,000 base-currency units: 1%; P&L/commission conversion: 0.5% | Larger cash conversions use lower published tiers.Source 9 |
Platforms and order controls
Sections ↑Trading software and automation
| Service | Functions | Operational scope |
|---|---|---|
| JForex | Desktop, web and mobile trading on SWFX | European access uses the bank’s infrastructure under a separate account contract.Source 2 |
| JForex API | Java applications, live strategies and historical/visual backtesting | Client software can connect without running the JForex desktop platform.Source 13 |
| FIX API | FIX4.4 market data, order submission/amendment/cancellation and execution notifications | Professional integration; FX-only instrument list and net/global position calculation.Source 14 |
| MetaTrader 4 / 5 | Direct SWFX connection; EAs, hedging and trailing stops | Default FX leverage 1:100; margin call at ≤100%, stop-out at ≤50% of equity/used margin.Source 10 |
Selected Swiss JForex order sizes and sessions
| Instrument | Minimum / increment | Regular GMT session |
|---|---|---|
| Currency pairs | 1,000 / 1 base-currency units | Sunday 21:00–Friday 21:00 in summer; 22:00–22:00 in winter. Some pairs have breaks.Source 7 |
| Gold XAU/USD | 1 / 1 ounce | Daily break 21:00–22:00 summer, 22:00–23:00 winter.Source 7 |
| Silver XAG/USD | 50 / 10 ounces | Same regular daily break as gold; additional US-holiday closure applies.Source 7 |
The Swiss LSFin information sheet describes the relevant service as execution-only and says the bank does not perform an appropriateness or suitability assessment for it. It identifies its trading venue as a bilateral organised trading facility. This is a different contractual description from assuming that an ECN label alone means every order reaches an independent exchange.[18]
Funding, withdrawals and closure
Sections ↑Swiss trading-account funding and withdrawals
| Operation | Bank’s published fee | Processing or qualification |
|---|---|---|
| Wire deposit | Free | Funds usually received in 1–2 business days; remitting/intermediary charges can reduce receipt.Source 9Source 11 |
| Card deposit | 1.5% EEA / 2.5% non-EEA; an additional 0.5% may apply | Maximum USD 18,000 equivalent per payment; generally credited next business day after receipt.Source 9Source 11 |
| Bank withdrawal | EUR 2.30 SEPA / EUR 20 otherwise; USD 19 SHA or USD 35 OUR | Certain SEPA destinations can cost EUR 7.50.Source 9 |
| Payment-card withdrawal | EUR 1.50 + 2.5%, or currency equivalent | Separate from the card-deposit charge.Source 9 |
Swiss account exit and record costs
| Item | Published term | Practical distinction |
|---|---|---|
| Account closure | No basic closing fee, with 30 calendar days to remove remaining funds. | The tariff then charges CHF 50 monthly follow-up; residual amounts too small to withdraw are charged as maintenance.Source 9 |
| Statements / bank confirmation | CHF 150 for the stated sending service. | This is the specified document service, not a charge asserted for every online account view.Source 9 |
| Currency mismatch | A withdrawal in a different currency can incur the published exchange commission. | Transfer and conversion costs are separate tariff components.Source 9 |
Legal entities and protections
Sections ↑Verified entities and account protections
| Entity | Evidence | Protection scope |
|---|---|---|
| Dukascopy Bank SA, Switzerland | FINMA authorised-bank list, 9 October 2026. | Protected bank deposits: up to CHF 100,000 per client/bank under esisuisse. Swiss margin trading can create an additional funding liability.Source 3Source 6Source 7 |
| Dukascopy Europe IBS AS, Latvia | Current Latvijas Banka directory lists the investment-service provider, company registration 40003344762; detailed permission page was unreadable. | Latvian investor scheme: eligible outstanding liabilities up to EUR 20,000; market-price and liquidity losses excluded. Europe states negative-balance protection.Source 4Source 5Source 7 |
Technical issues and Swiss complaints
Sections ↑The issue-report form requests the issue category, live or demo account, login, contact details and the problem description. A formal Swiss complaint can instead be sent to the appointed account manager or [email protected], or by post to the bank’s Geneva head office. Its Compliance/Legal Department investigates first; unresolved disputes can be referred to the Swiss Banking Ombudsman. The cited information sheet does not give a fixed final-response deadline, so none is invented here.[19][18]
Ownership and consolidated results
Sections ↑Business, ownership and infrastructure
| Measure | Value | Context |
|---|---|---|
| Founded and controlled | Established 2 November 2004 by Andre and Veronika Duka | The bank says its founders together retain 99% ownership.Source 1 |
| Group structure | Dukascopy Europe and Dukascopy Japan are wholly owned subsidiaries | Europe is a Riga investment firm; Japan is the group’s Japanese brokerage operation.Source 1 |
| Trading infrastructure | SWFX, the bank’s proprietary foreign-exchange marketplace | The European subsidiary accesses the Swiss bank’s technology through its white-label arrangement.Source 1Source 2 |
Dukascopy Group: six months ended 30 June
The consolidated profit decline was 58.1%: lower trading income outweighed higher commission income and reduced operating expenses. Group assets were CHF 309.50 million at 30 June 2026, against CHF 260.82 million at December 2025. The report separately presents the Swiss bank’s standalone accounts; these figures use the consolidated columns.[17]
- Headquarters
- Geneva, Switzerland
- Founded
- 2 November 2004
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Dukascopy Bank SA
No separate licence entry is recorded in this panel.
Dukascopy Europe IBS AS
No separate licence entry is recorded in this panel.
Sources & further reading
- Dukascopy ownership, business and subsidiaries Dukascopy Bank · Accessed 9 Oct 2026
- Dukascopy Europe company and SWFX infrastructure Dukascopy Europe · Accessed 9 Oct 2026
- Authorised banks and securities firms, 9 October 2026 FINMA · Accessed 9 Oct 2026
- Current investment-service-provider directory Latvijas Banka · Accessed 9 Oct 2026
- Investor protection: compensation and participating firms Latvijas Banka · Accessed 9 Oct 2026
- Swiss deposit-insurance scope and limit esisuisse · Accessed 9 Oct 2026
- Swiss ECN general features, minimums, order sizes and sessions Dukascopy Bank · Accessed 9 Oct 2026
- Swiss bank published spread minimum Dukascopy Bank · Accessed 9 Oct 2026
- Swiss trading, transfer and currency-conversion fee schedule Dukascopy Bank · Accessed 15 Oct 2026
- Swiss MetaTrader 4 and 5 specifications and charging basis Dukascopy Bank · Accessed 9 Oct 2026
- Trading-account funding methods and receipt times Dukascopy Bank · Accessed 9 Oct 2026
- JForex rollover activity tiers and charging procedure Dukascopy Bank · Accessed 9 Oct 2026
- JForex API and Java SDK capabilities Dukascopy Bank · Accessed 9 Oct 2026
- FIX 4.4 API, order functions and instrument scope Dukascopy Bank · Accessed 9 Oct 2026
- Multi-Currency Account banking and payment services Dukascopy Bank · Accessed 9 Oct 2026
- European forex offering and retail leverage Dukascopy Europe · Accessed 9 Oct 2026
- Interim report: bank and consolidated group, H1 2026 Dukascopy Bank · Accessed 9 Oct 2026
- Swiss execution-only and complaint information, 30 April 2024 Dukascopy Bank SA · 30 Apr 2024 · Accessed 15 Oct 2026
- Trading and technical issue report Dukascopy Bank SA · Accessed 15 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.