Dukascopy Swiss Forex Broker Review

About Dukascopy Swiss Forex Broker

Dukascopy, a Swiss forex broker, is one of the most popular for high volume traders. They offer low spreads of 0 to 1 pip, and they actually stay with that margin unlike other brokers. Opening an account with Dukascopy is a bit complicated, but it is understandable as they are trying to preserve integrity, and they are also a member of ARIF (Association Romande des Intermédiaires Financiers).

However it is also to be noted that they have one of highest minimum account requirements, which is $50,000, an amount impossible to gather for new traders. Dukascopy’s reputation is very good, and most of their clients are forex deal veterans. They also have very good charts and liquidity. Their customer service is also well-noted. Most complaints are not based on professional issues, but on the accent of the customer attendants.

Basic Broker Details

Pros of Dukascopy

*Respectable forex broker

*Very good automated systems

*Advance tools and platform

*Good queue service

Cons of Dukascopy

*Very high account requirements ($50,000)

*Complicated account opening requirements

*Bank wire only