Dukascopy Bank SA Reviews 802

TrustScore 3 out of 5

2.8

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Review summary

Created with AI, based on recent reviews

Most reviewers were somewhat happy with their experience overall. Many customers appreciate the banking services, with some highlighting the human support provided and the speed of transfers. Some users also found the trading platforms to be fast and responsive, and several expressed satisfaction once their accounts were fully approved and operational. However, some people were dissatisfied with the customer service, describing it as inconsistent, unhelpful, and unresponsive, with some experiencing ignored comments and a lack of proper explanations for issues. There are also concerns regarding the website and app, with users mentioning old systems, loading delays, and a lack of self-service options. Additionally, some customers reported negative experiences with the response times for verification, limit increases, and issue resolution, citing delays and a lack of communication.

What people talk about most

Payment

Reviewers mention ambiguous feedback about payment. Many customers report issues such as hidden charges,... See more

Service

Users describe ambiguous interactions with service. Many customers report painful banking experiences, citing... See more

Customer service

Reviewers highlight significant dissatisfaction with customer service. Many customers report a lack of proper... See more

Website

People report negative experiences with the website. Customers express frustration over a lack of clear... See more

Response time

Customers consistently express dissatisfaction with response times. Many reviewers report significant delays,... See more

Reviews shaping this summary

Rated 3 out of 5 stars

We would like to have the offers of virtual csrds in Algeria , because we do have transfers all the time as we work on the tourism , we would like to have a vision to our region. Otherwise till now... See more

Company replied

Rated 3 out of 5 stars

Thank you for your reply. In my review and findings Here are the inefficient parts of the Dukascopy Binary platform : 1) The platform takes a long time to open if your mobile suddenly ru... See more

Company replied

Rated 3 out of 5 stars

Seems like prestige bank but hearing that Indian accent in verification phase made me a bit skeptical

Company replied

Rated 1 out of 5 stars

I have been trying for a couple of months to obtain a payment card. Whoever is providing the advice in the background do not look at my issues and ask basic questions but when you tell them it's not w... See more

Company replied


Company details

  1. Money & Insurance

Written by the company

Dukascopy Bank is a Swiss innovative online bank based in Geneva, Switzerland, providing Internet based and mobile trading services, banking and other financial services through proprietary technological solutions. Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities firm. Dukascopy Bank provides: - 19 years in the market - 1200+ trading instruments - Deposit protection upto CHF 100000 per client - Large liquidity pool - ECN trading technology - Low spreads -from0,1 pips on EUR/USD; - Instant order execution; - Wide variety of trading platforms, JForex, MT4, Forex mobile - Swap free accounts upon request


Contact info

  • Route de l'Aéroport 21, 1215, Le Grand-Saconnex, Switzerland

  • dukascopy.com

2.8

Average

TrustScore 3 out of 5

802 reviews

5-star
4-star
3-star
2-star
1-star

Replied to 90% of negative reviews

Typically replies within 2 weeks

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Rated 3 out of 5 stars

The IT, platform and fee structure are quite alright, but their work flow is not.

I have a trading account and a multi-currency bank account with Dukascopy. I have no complaints about JForex, although I wished their IT was a bit quicker in ironing out software bugs. Their bank, however, is comical. It took me over six months to have the standard limit of USD 8,000 increased to a higher amount as I was expecting some money from selling a house in Central Europe. Six months, three or four chats with my account manager, and approximately 15 in/outbound emails! When the approval was finally given, I had a more significant amount transferred to my account with Dukascopy a few weeks later. When they saw the inbound transfer, they started asking me for documentation, which I had already submitted over the previous six months. It's almost like they don't keep records, or perhaps they stored it in the wrong drawer. How a bank can be that slow and disorganised while still complying with Swiss banking regulations is a mystery to me.

Update 21/04/24:
Dukascopy asked me to send them the details. I did on 7/3/24 and never heard from them again, which sort of proves my point. Never mind; the platform and fee structure are quite alright, and I don't have much interaction with their customer service.

March 6, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Greetings,

Thank you for contacting us, I am sorry to hear that your expiriece with Dukascopy was not easy.

I would love to investigate your case and understand what exactly happened to your account.

Please contact me here or at cs (at) dukascopy.com with more details about your account (such as account number/email) so that we can identify your account and assist in this matter.


Thank you and have a nice day
Kind regards

Rated 5 out of 5 stars

Very fast service

Very fast service, and available agents 24/7 working on the satisfaction of the customer, I’ve used a lot if bank services but this is the best experience So far i just love it thanks to the customer care

March 1, 2024
Unprompted review
Rated 5 out of 5 stars

Great support

Great support, answers all my questions and guides me on everything i want to do.

February 29, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Faten,

Thank you for your comments
We appreciate your kind words

Kind regards
Dukascopy Support

Rated 2 out of 5 stars

I needed an account to put my money in…

I needed an account to put my money in cuz i was leaving my country going to Swiss, they said that they will confirm my account in 2-3 days it took them 32 days and I'm still waiting i provided them every document they want so they confirm I'm a student ... poor services .

February 26, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Customer,

Thank you for reaching out, I am sorry to hear that you are not completely satisfied with your expiriece with Dukascopy

I would love to investigate your case and understand what exactly have caused such a negative impression, I kindly ask you to shed more light on the situation, by providing more details about the situation or at least your account number in Dukascopy

You may send this information to cs (@) dukascopy.com or you may send them to me directly using this platform

Kind regards
Dukascopy support

Rated 4 out of 5 stars

Great Bank Overall

Great customer support, intuitive applications both mobile and desktop versions, good fees.

February 22, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Gaston,

We are very greatful for your kind words, thank you for taking the time t9o leave your feedback

Have a great day
Dukascopy Support

Rated 5 out of 5 stars

platform is very good demo & real…

platform is very good demo & real account.
in general dukascopy bank is the best for me in everything ,customer service ,withdrawal ,deposit ,execution of orders and that is from a real experience
thanks dukascopy.

February 19, 2023
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Mina,

Thank you for your feedback, we appreciate you being a customer of Dukascopy Bank

Have a great day
Kind regards
Dukascopy Support

Rated 1 out of 5 stars

Only use this bank without need of customer service

The bank was fair and the app was easy to use. The bank was well regulated and I believe the money will be well protected.
However!
Their service was totally unacceptable! I’m not annoyed with their refusal to my wire transfer-I can understand this transfer is suspicious to them, however, during 3 weeks they asked me for totally same documents for five times, and they never proceeded until I enquired. They never listened to you. They never work until you tell them to.
So use this bank only if you believe you have nothing to talk with custome service team.

February 15, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Tian,

Thank you for reaching out, I am sorry to hear that your expiriece with Dukascopy was not smooth all the way.

I would love to investigate your case and understand what exactly happened to your account

Please contact me here or at cs (at) dukascopy.com with more details about your account (such as account number /email) so that we would be able to identify your account and further assist in this matter


Thank you and have a great day
Best regards
Dukascopy support

Rated 4 out of 5 stars

Dukascopy Great bank and broker ive…

Dukascopy Great bank and broker ive been with them around 6 or 7 years and didnt face any big problems ,, they have good spreads and the commisions are good as well ,, and finally they have good contests Real and Demo both .

February 13, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Marwa,

Thank you for your kind words, we are grateful to you for being our client for all this time

Kind regards
Dukascopy Support

Rated 5 out of 5 stars

Good luck

Good luck, excellent application

February 10, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Elyamine Elyamine,

Thank you for your kind words, we appreciate you taking the time to leave your comment

Kind regrds
Dukascopy support

Rated 5 out of 5 stars

with all the pattern recognition i love…

with all the pattern recognition i love it so much, it gives me alot of helpful tool to back-test i hope dukascopy extend my demo account <3

February 5, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Yuth,

Thank you for your kind words and taking the time to leave your feedback

I kindly ask you to contact our support team at support (at) dukascopy .com or your account manager to explore the demo extension opportunities

Best regards
Dukascopy Support

Rated 5 out of 5 stars

love the desktop platform

love the desktop platform. thanks for making all the timeframes available and the bar replay too!

February 2, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Trader,

Thank you for your feedback, we appreciate your kind words. your opinion is very important to us

Best regards
Dukascopy Support

Rated 1 out of 5 stars

SCAM Broker

SCAM Broker, Cannot withdraw the money out. Asks various files to prove you are yourself! Totally a SCAM broker!

UPDATE:
I do not know how to send message to you, I will forward you an email and wait for your update.

February 5, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Tao,

Thank you for reaching out, I am sorry to hear that your expiriece with Dukascopy was not smooth all the way.

However please let me highlight that as a highly regulated Swiss financial institution, Dukacopy has to comply to the regulations set by our regulator.

Please contact me here or at cs (at) dukascopy.com with more details about your account (such as account number /email) so that we would be able to identify your account and understand what information is missing from your customer profile

Thank you and have a great day
Best regards
Dukascopy support

Rated 1 out of 5 stars

Tried to send money from my rain…

Tried to send money from my rain account to a friend, it’s been more than a week and they keep asking me to clarify why I’m send him money, I would understand if it was a huge amount, but at just over 3000usd it’s not. These guys are just jokers. Impossible to work with. I will be closing all accounts with them.

February 1, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Anne,

Thank you for reaching out, I am sorry to hear that you are not completely satisfied with your expiriece with Dukascopy

I would love to investigate your case and understand what exactly have caused such a negative impression, I kindly ask you to shed more light on the situation, by providing more details about the situation or at least your account number in Dukascopy

You may send this information to cs (@) dukascopy.com or you may send them to me directly using this platform

Kind regards

Rated 4 out of 5 stars

Ideal for backtesting, rough on the edges but still can be improved

I am using this for backtesting purpose only so far. It is excellent but would love to see improvements such as the risk reward ratio with tp sl entry combined like tradingview has. Another part is if you traded in the backtest, closed the software, and continue the next day, the data from the day before disappears and you won't see when you generate the report. So hoping the software gets updated to be even more user friendly with better features so it is more usable in the future

December 1, 2023
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Javier,

Thank you for your feedback regarding our platform! We greatly appreciate your kind words..

I kindly inform you that we shall consider your request for future feature requests

We value your support and look forward to serving you in the future!

Kind regards
Dukascopy support

Rated 5 out of 5 stars

Most reviews are not fair to Dukascopy Bank

I am not familiar with many trading platforms; I only know MT4 and MT5. However, I find Jforex to be the best among them. The major downside is its inability to display the trading history within the platform, unlike MT4 and MT5. One must log into the website to view their trading history, but even this is not particularly helpful. It would be greatly beneficial if Jforex incorporated performance measurement tools similar to those on myfxbook.com. Considering that Jforex claims to be a proprietary trading platform, it is surprising that it lacks a performance check feature. However, this didn't bother me much.

October 1, 2023
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Suramethar,

Thank you so much for your positive feedback regarding our product! We greatly appreciate your kind words and are thrilled to hear that you are satisfied with your experience.

I kindly inform you that we shall consider your request for future feature requests

We value your support and look forward to serving you in the future!

Kind regards
Dukascopy support

Rated 4 out of 5 stars

Great service

Great service . Deposit and withdrawals are super fast. I received my swift transfer in 3 hours .
They just have to increase their quarterly limit of 4,000 USD to maybe 8,000 USD.

January 28, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Nana,

We are thrilled to know that you are satisfied with your experience with Dukascopy.

We invite to contact your account manager for any future queries or request to increase your limit, he/she will be more than happy to assist

Kind regards
Dukascopy support

Kind regards
Dukascopy support

Rated 5 out of 5 stars

JFOREX4

JFOREX4 - Dukascopy is the best trading platform

I have been with them over 3 yerars. Incoming and outgoing transfers competed without a glitch. Never had an issue with withdrawals. Prices are fair and orders are executed promptly if the prices hit your target or stop.
Dukascopy is a real professional broker.

January 26, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Zakaria,

Thank you so much for your positive feedback regarding our product! We greatly appreciate your kind words and are thrilled to hear that you are satisfied with your experience.

We value your support and look forward to serving you in the future!

Kind regards
Dukascopy support

Rated 5 out of 5 stars

Excellent customer support through…

Excellent customer support through phone and chat channels

January 25, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Pablo,

Thank you for your feedback, we appreciate your kind words. your opinion is very important to us

Best regards
Dukascopy Support

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