BrokAIr Reviews

Dukascopy Review

"Dukascopy has been consistently rated as one of the most reliable and secure online brokerages, but some customers have reported difficulties with their customer service. Is Dukascopy doing enough to ensure quality customer service?"

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Overview of Dukascopy

Introduction

Dukascopy is a Swiss online brokerage offering access to the global financial markets. It was founded in 2004 by Dr. Andre Duka and Veronika Duka and is headquartered in Geneva, Switzerland. It offers a comprehensive range of services for retail and institutional traders, including a wide range of trading instruments and an intuitive trading platform. The broker is regulated by the Financial Market Supervisory Authority (FINMA) in Switzerland and is a member of the Swiss Bankers Association.

Pros

Cons

Public Opinion

Overall, public opinion of Dukascopy has been positive. Many traders have praised the broker's competitive pricing, wide range of trading instruments and advanced trading platform. However, some users have complained about the high minimum deposit requirement and lack of customer support outside business hours.

Recent News

In 2020, Dukascopy announced the launch of its new mobile app for Android devices. The app allows users to access their accounts on the go and manage their trades from anywhere. Additionally, the broker has also introduced a new commission-free trading account that allows traders to trade without paying any commissions or fees. In 2021, Dukascopy launched its new “Prime” account that offers tighter spreads and lower commissions than its standard account.