- Licensed entity
- Dukascopy Bank SA
- Licence no.
- Bank and securities firm licence
Listed on the broker's own website · SourceCheck register ↗
Dukascopy
Dukascopy Bank SA · Geneva, Switzerland
Swiss bank and ECN forex broker with its own JForex platform.
9.1out of 10
No regulator alerts against Dukascopy on file.
We searched the IOSCO international alerts database on 12 Oct 2026.
Licences (3)
- Licensed entity
- Dukascopy Japan K.K.
- Licence no.
- Type I licence
Listed on the broker's own website · SourceCheck register ↗
- Licensed entity
- Dukascopy Europe IBS AS
- Licence no.
- Not stated
Originally licensed by the FCMC; supervised by the Bank of Latvia since 1 January 2023.
Listed on the broker's own website · SourceCheck register ↗
Which company you sign up with depends on where you live. Your protections (compensation scheme, leverage limits, negative balance protection) come from that company's regulator.
Score breakdown
Weighted total: 9.1 / 10, ranked #13 of 30. How we score
- Regulation strength: Based on the strongest regulator licensing the broker, plus extra tier-1 and tier-2 licences.
- Licence status: Whether any licence has been revoked or has expired.
- Track record: Years in business: 0.5 points per year, up to 10.
- Transparency: Publicly listed parent, licences disclosed, head office published, client money segregated.
- Regulator alerts: Deductions for regulator alerts against the broker's own companies or websites.
Regulator alerts (0)
No alerts against Dukascopy's own companies or websites in the IOSCO database.
Overview
Dukascopy Bank SA is a Geneva-based bank supervised by FINMA as a bank and securities firm. Its Latvian subsidiary, Dukascopy Europe IBS, is licensed under EU rules (now supervised by the Bank of Latvia), and Dukascopy Japan is registered with Japan's FSA. It runs its own ECN marketplace and JForex platform, alongside MT4 and MT5.
Who it suits: Experienced traders who value Swiss bank regulation and ECN-style execution.
Company information
Trading conditions
Pros & cons
Pros
- Swiss bank supervised by FINMA
- No regulator alerts against its own companies found
- Own ECN marketplace and JForex platform
- Entities in Switzerland, the EU and Japan
Cons
- JForex has a learning curve
- Higher deposits at the Swiss bank
- Smaller product range than large multi-asset brokers
Frequently asked questions
Is Dukascopy regulated?
Yes. Dukascopy companies hold licences from FINMA, JFSA, LB (3 licences in our database). Your protection depends on which Dukascopy company you open an account with, so check that company on the regulator's register before you deposit.
Is Dukascopy safe?
Dukascopy has a score of 9.1/10, and we found no regulator alerts against its own companies or websites in the IOSCO database. No broker is risk-free: leveraged CFDs can lose you money quickly.
Which Dukascopy company will I open an account with?
It depends on where you live. The companies in our database are: Dukascopy Bank SA (FINMA, Switzerland); Dukascopy Europe IBS AS (LB, Latvia (EU)); Dukascopy Japan K.K. (JFSA, Japan). Clients outside the UK, EU and Australia are often onboarded to an offshore company with weaker protection.
Does Dukascopy accept US clients?
No. Dukascopy doesn't accept US residents.
What's the minimum deposit and maximum leverage at Dukascopy?
Minimum deposit: Varies by entity (lower at Dukascopy Europe). Maximum leverage: 30:1 retail (EU); varies by entity.
Which platforms does Dukascopy offer?
JForex, MT4, MT5, Dukascopy app.
CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Most retail investor accounts lose money when trading CFDs. Make sure you understand how CFDs work and whether you can afford to take the high risk of losing your money. Licence data checked 12 Oct 2026. Details can change; always confirm on the regulator's register.