Dukascopy Bank is a Swiss online bank that provides online and mobile trading, banking, and financial services. Headquartered in

Geneva Geneva ( , ; ) ; ; . is the List of cities in Switzerland, second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the Rhône exits Lake Geneva, it is the ca ...

Switzerland Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland ...

, it also has offices in

Riga Riga ( ) is the capital, Primate city, primate, and List of cities and towns in Latvia, largest city of Latvia. Home to 591,882 inhabitants (as of 2025), the city accounts for a third of Latvia's total population. The population of Riga Planni ...

and

Tokyo Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...

, with over 300 employees.

Services

Dukascopy Bank provides online and mobile trading services including foreign exchange, CFDs for

stock Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporatio ...

s, metals,

commodities In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. Th ...

, indices,

cryptocurrencies A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership records ...

, and binary options. Dukascopy Bank also offers current account, e-banking, and credit card services.

Regulation

Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority (FINMA) both as a bank and a securities dealer. It has three subsidiaries, namely Dukascopy Europe IBS AS, a licensed brokerage company based in

, Dukascopy Japan, a Type-1 licensed broker located in

, and SIA Dukascopy Payments, a European licensed payment and e-money company incorporated in Riga. Dukascopy Bank is a member of the Swiss Bankers Association since 2012.

History

In 2004, Andre Duka together with his partner Veronika Duka created Swiss brokerage house Dukascopy. In 2006, Dukascopy launched its ECN, the SWFX Swiss Forex Marketplace. In August 2014, the district court of the

canton of Zürich The canton of Zurich is an administrative unit (Swiss canton, canton) of Switzerland, situated in the northeastern part of the country. With a population of (as of ), it is the most populous canton of Switzerland. Zurich is the ''de facto'' Capi ...

confirmed the conviction of three investment managers who had been found guilty in 2012 for churning clients' funds using Dukascopy's platform. Although no criminal charges were brought against Dukascopy, the bank was ordered to disgorge 775,000

francs The franc is any of various units of currency. One franc is typically divided into 100 centimes. The name is said to derive from the Latin inscription ''francorum rex'' ( King of the Franks) used on early French coins and until the 18th centur ...

of unlawful profit. In January 2015, Dukascopy Bank SA acquired 100% of Alpari Japan K.K., Tokyo (a distressed subsidiary of Alpari Group). At the same time, Dukascopy, together with other brokers, campaigned for deregulation of the Swiss investment market.

References

{{Portal, Banks Banks established in 2004 Banks of Switzerland Canton of Geneva Companies based in Geneva Financial derivative trading companies Financial services companies established in 2004 Financial services companies of Switzerland Foreign exchange companies Online brokerages Swiss companies established in 2004