Desk file · 2026 edition · record confidence: medium
Dukascopy
We opened the file on Dukascopy the way we open every file: register first, marketing never. Trading since 2004, run out of Geneva, Switzerland, and carrying 2 licence entries on the public record, 1 of them tier-1.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | not verified |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | not verified |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $not verified |
Spread basis. . Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| FINMA | Switzerland | T1 | Dukascopy Bank SA | dukascopy.com | |
| Latvijas Banka (Bank of Latvia) | Latvia | T2 | Dukascopy Europe IBS AS | bank.lv |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- Dukascopy Bank SA was established in Geneva, Switzerland in 2004.
- Dukascopy Bank SA is regulated by FINMA both as a bank and as a securities firm.
- Dukascopy Europe IBS AS (registration no. 40003344762) is an EU investment brokerage firm regulated by Latvijas Banka.
- Dukascopy operates its own proprietary JForex platform alongside MetaTrader.
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- FINMA licence number
- Latvian licence number
- spreadEurusd — Dukascopy advertises variable ECN spreads 'from 0.1 pips' with commission, so no single typical figure was verified
- Negative balance protection scope by entity
- public listing status
| Founded | 2004 |
| Head office | Geneva, Switzerland |
| Minimum deposit | $100 |
| Leverage cap | 1:30 (EU retail); up to 1:200 (Swiss entity, professional) |
| EUR/USD | not verified pips |
| Tier-1 entries | 1 |
| Record confidence | medium |
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.