Dukascopy Bank SA

Dukascopy Bank SA is a Swiss online bank and securities firm supervised by FINMA, operating from Geneva with group entities including Dukascopy Europe IBS AS in Latvia. It runs the SWFX Swiss FX Marketplace and offers trading in spot FX, precious metals, and contracts for difference on indices, commodities, bonds, single stocks, ETFs, and cryptocurrencies, as well as FX options. Trading is delivered through the proprietary JForex platform suite (desktop, web, and mobile), which supports depth-of-book ECN execution, algorithmic strategies in Java and a visual strategy editor, and FIX API connectivity; partial fills and slippage—positive or negative—can occur. Pricing uses variable spreads plus volume-based commissions, with overnight financing and other charges; fee schedules differ across instruments and banking services. The bank also provides multi-currency current accounts with Swiss IBANs, remote onboarding via video identification in supported jurisdictions, and payment cards and transfers through its e-banking and the Dukascopy Connect app; funding is typically via bank transfer and cards, with crypto-funding available for designated accounts, and processing times and fees depend on the method. Leverage and margin requirements vary by instrument and client category and may be adjusted around volatile events or weekends. Client deposits are protected by the Swiss deposit insurance scheme (esisuisse) up to CHF 100,000 per client in the event of a bank bankruptcy. The product range and onboarding eligibility depend on residence and regulatory constraints, and some nationalities (including U.S. residents) are not accepted. Ancillary services include research and market commentary (e.g., Dukascopy TV), economic calendars, sentiment indicators, and social and managed solutions such as PAMM and white-label partnerships. Trading hours for FX are 24/5; maintenance windows, market conditions, and liquidity can affect availability and pricing.