The Dukascopy minimum deposit is $100 or its currency equivalent for all Dukascopy account types. My Dukascopy minimum deposit review provides an in-depth look at how Dukascopy manages client deposits.
Here is the Dukascopy minimum deposit requirement:
$100 or the currency equivalent in CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, CNH, SEK, SGD, TRY, XAU, and ZAR
The Dukascopy minimum deposit requirement is $100 or the equivalent in another currency for all accounts, including the Dukascopy Islamic account.
MinimumDeposit | Dukascopy | Axi | InstaForex | Tickmill | Admirals |
Commission-Free | Not applicable | $0 | $1 | $100 | $100 |
Commission-Based | $100 | $0 | $1 | $100 | $100 |
The Pros and Cons of the Dukascopy Minimum Deposit
Traders should consider the pros and cons of the Dukascopy minimum deposit process before funding their accounts.
The Pros of the Dukascopy Minimum Deposits
- 22+ account base currencies to choose from
- Segregation of client deposits from the firms’ funds
- User-friendly deposit process
- A choice of payment processors, including cryptocurrency deposit options
The Cons of the Dukascopy Minimum Deposits
- 0.50% internal deposit fee (traders pay 3% for Dukascopy withdrawals)
- Limited choice of e-wallets
How to Make a Deposit
While Dukascopy's $100 minimum deposit makes it accessible to many, consider funding your account with a larger amount. Effective trading often requires more capital to properly manage risk, withstand market fluctuations, and allow for diversified strategies.
Here is how to deposit with Dukascopy:
- Log into your Dukascopy client dashboard
- Navigate to “Funds” in the left menu and click “Deposit”
- Choose the preferred payment processor
- Enter your desired deposit amount
- Follow the on-screen instructions
Dukascopy Deposit Fees and Deposit Methods
During my Dukascopy broker review, Dukascopy levied an internal deposit fee of 0.50% except on bank wires and cryptocurrency transactions.
Dukascopy deposit methods, internal processing times, and known transaction limitations:
Deposit Method | Processing Time | Deposit Currencies | Minimum Single Deposit | Maximum Single Deposit | WithdrawalOption |
Bank wires | One to two business days | USD, CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, CNH, SEK, SGD, TRY, XAU, and ZAR | $100 | N/A | Yes |
Credit/debit cards | Within one business day | USD, CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, CNH, SEK, SGD, TRY, XAU, and ZAR | $100 | $18,000 | Yes |
Skrill | Within one business day | EUR, USD, GBP,CHF, JPY, PLN | $100 | Undisclosed | Yes |
Neteller | Within one business day | EUR, USD, GBP,CHF, JPY, PLN | $100 | Undisclosed | Yes |
Apple Pay | Within one business day | EUR, USD, GBP,CHF, JPY, PLN, AUD | $100 | Undisclosed | Yes |
Cryptocurrencies | Within one business day | Bitcoin, Ethereum, Tether | $100 | Undisclosed | Yes |
Noteworthy:
- The Dukascopy deposit screen lists all available deposit methods, as geographic restrictions may apply
Dukascopy Deposit Methods vs. Similar Brokers
DepositMethods | Dukascopy | Axi | InstaForex | Tickmill | Admirals |
Bank wires | Yes | Yes | Yes | Yes | Yes |
Credit/debitcards | Yes | Yes | Yes | Yes | Yes |
Skrill | Yes | Yes | Yes | Yes | Yes |
WebMoney | No | No | Yes | Yes | No |
ChinaUnionPay | No | Yes | No | Yes | No |
PerfectMoney | No | No | Yes | No | No |
Othere-wallets | Yes | Yes | Yes | Yes | Yes |
LocalizedMethods | No | Yes | Yes | No | No |
Crypto-currencies | Yes | Yes | Yes | No | No |
Dukascopy Deposit Currencies
Traders must differentiate between the account base and deposit currencies to avoid confusion and potential currency conversion fees. The former is the base currency of a trading account – this usually is the trader’s main currency they use day to day, and the latter are currencies available for deposits through different payment processors.
Across all Dukascopy account types, the broker supports the following account base currencies:
US Dollar | Euro | British Pound | Swiss Franc | Polish Zloty |
Australian Dollar | Japanese Yen | South African Rand | Canadian Dollar | Czech Koruna |
Danish Krone | Hong Kong Dollar | Hungarian Forint | Israeli Shekel | Mexican Peso |
Norwegian Kroner | New Zealand Dollar | Romanian Leu | Chinese Yuan | Swedish Krona |
Singapore Dollar | Turkish Lira | Gold |
Dukascopy supports the following deposit currencies:
US Dollar | Euro | British Pound | Swiss Franc | Polish Zloty |
Australian Dollar | Japanese Yen | South African Rand | Canadian Dollar | Czech Koruna |
Danish Krone | Hong Kong Dollar | Hungarian Forint | Israeli Shekel | Mexican Peso |
Norwegian Kroner | New Zealand Dollar | Romanian Leu | Chinese Yuan | Swedish Krona |
Singapore Dollar | Turkish Lira | Gold | Bitcoin | Ethereum |
Tether |
Dukascopy Trading Account Currencies vs. Similar Brokers
AccountCurrencies | Dukascopy | Axi | InstaForex | Tickmill | Admirals |
US Dollar | Yes | Yes | Yes | Yes | Yes |
Euro | Yes | Yes | Yes | Yes | Yes |
British Pound | Yes | Yes | No | Yes | Yes |
Swiss Franc | Yes | Yes | No | No | Yes |
AustralianDollar | Yes | Yes | No | No | No |
Others | Yes | Yes | Yes | No | Yes |
Total | 23 | 10 | 3 | 3 | 10 |
Steps for Sending the Dukascopy Minimum Deposit
The Dukascopy dashboard functions similarly to online banking platforms and manages the Dukascopy minimum deposit process.
Here is a step-by-step guide to sending your Dukascopy minimum deposit:
1. Log into your Dukascopy dashboard, navigate to “Funds,” and click “Deposit.”
2. Choose your payment processor, enter your deposit amount, and follow the on-screen instructions.
3. Dukascopy notifies clients once it credits the deposit to the Dukascopy trading account.
Dukascopy Minimum Deposit Bottom Line
The Dukascopy minimum deposit requirement is $100 or a currency equivalent, and a 0.50% internal deposit fee is part of the Dukascopy fees. Dukascopy accepts cryptocurrency deposits and withdrawals and lists external fees on its website. Dukascopy is a real bank with 20+ years of operational excellence headquartered and regulated in Switzerland. The Dukascopy minimum deposit is $100 or currency equivalent. Traders can deposit using their user-friendly and secure Dukascopy back office via bank wires, credit/debit cards, Skrill, Neteller, Apple Pay, and cryptocurrencies (Bitcoin, Ethereum, Tether).FAQs
Is Dukascopy a real bank?
What is the minimum deposit money at Dukascopy?
How do I deposit money into Dukascopy?