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
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1-star

Replied to 90% of negative reviews

Typically replies within 2 weeks

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Rated 5 out of 5 stars

Free!

You get everything here for free!

October 10, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

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Rated 5 out of 5 stars

I'm infinitely grateful for their…

I'm infinitely grateful for their platform.

October 1, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

Rated 5 out of 5 stars

Excellent job Duckascopy, keep it up…

The best most reliable friendly platform, includes all a wide selection that most traders need. Good job

October 3, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Client,

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

Rated 1 out of 5 stars

creates fake contests and when you get…

creates fake contests and when you get a prize you can't withdraw I tried twice and every time they close my account then when I open it I find out they deducted all the balance fees The behavior has been repeated twice it's terrible ،،، The response comes with repeated lies. Is it reasonable for me to request the cancellation of my prize money? Now I am asking support for one piece of evidence, one message in which I requested the cancellation of my prize money.

August 22, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Nasser Mohamed,

This is to inform you that the prize money you have won can only be used for trading purposes. It cannot be withdrawn. This information has been clearly stated in the contest guidelines.

At your request, we have closed your trading account after you cancelled the prize money. We have also informed you that in order to close your account, you need to cancel the prize funds and provided a link to facilitate this process. We hope this has clarified the situation.

Should you require any further assistance, please do not hesitate to contact us.

Kind regards,
Dukascopy support team

Rated 5 out of 5 stars

wonderful backtesting platform


wonderful backtesting platform, its completly free

September 11, 2023
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear, client

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

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Rated 1 out of 5 stars

For personal account they have limit…

For personal account they have limit 4,000$, never seen this before. For business account have applied 4 months ago and tried to contact few times after and not even 1 answer.

September 8, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear Client,

Thank you for taking the time to provide us with your valuable feedback. We appreciate your feedback and are constantly striving to improve our services.

Please note that there are default quarterly transaction limits applied to Multi-Currency Accounts/Digital Bank Accounts offered by Dukascopy. The 4000 USD limit you mentioned was probably a default limit, which can be easily increased according to the client's needs.

The quarterly transaction limit can be increased based on proof of the client's regular income. There is also an option to preliminarily approve an out-of-limit transaction by explaining the nature of the transfer and providing documentation explaining the origin of these funds.

Regarding the business account, we are currently only accepting applications from entities that are active in the Fintech industry.

Kind regards,
Dukascopy support team

Rated 4 out of 5 stars

The back-testing features are amazing

The back-testing features are amazing. It's free! One problem is I can't find the reply bar feature on the web platform that I am using with my tablet.

September 6, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

Rated 5 out of 5 stars

An excellent ap for trading and…

An excellent ap for trading and charting. There are also API for developer. Perfect!

June 1, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

Rated 4 out of 5 stars

Good backtesting

September 2, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and motivate our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

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Rated 5 out of 5 stars

love the backtesting features

love the backtesting features. better than tradingview and its free!

September 2, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and motivate our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

Rated 1 out of 5 stars

Dukascopy Bank SA is the most useless…

Dukascopy Bank SA is the most useless bank I've ever seen my life two payment I received you people cancelled it any single payment they always put it pending and start asking you many questions and after you provide all the answers of the questions they are asking then they will cancel your payment

August 30, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear client,

Please note that all payments must contain correct information, including your residential address. Failure to comply with these rules will result in the rejection of the payment and closure of the account.

Kind regards,
Dukascopy support team

Rated 5 out of 5 stars

Backtesting is effective and very user…

Backtesting is effective and very user friendly

July 20, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and motivate our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

Rated 5 out of 5 stars

I wanted to take some time before i…

I wanted to take some time before i rate this bank. Been using it for almost a month now. So far so good! I am so happy with it. I specifically opened a personal account and received a travel card. Hopefully this helps♥️♥️

August 1, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and motivate our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

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Rated 5 out of 5 stars

Great software

Great software, it will be one of the best soon!

August 19, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

Rated 5 out of 5 stars

Nice customer service

Nice customer service on phone they are opened they try to give you best options as long as you provide correct information not fake, they will help you. for now this is my favorite bank i hope they will not change or make it more complicated.

August 19, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

Rated 1 out of 5 stars

No tax assessment

So after a year of struggle with DC regarding using my money without my consent - they took over my transfer, held it for a month until my account been hit with margin call, and then refused to provide any financial documentation of what happened with my money in that period. In my opinion, if it isn`t Ponzi scheme than at least embezzlement of client money - but that's for authorities to decide.
Now I have noticed that they did not present my tax assessment for last year - which confirms my suspicions that ther`s some shady business behind.
Anyways, I have contacted Swiss FTA and Norwegian skattettat about my tax - I don`t wish to be involved in, what seem to be, criminal activity.

August 17, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Dear client,

We apologize for any inconvenience you may have experienced. Your satisfaction is our top priority.

To access your account reports, please log in to our platform and download them at your convenience. These reports can be submitted to any tax authority as needed.

We want to clarify that we only send reports proactively upon your request. Unless specifically instructed, we do not send reports to tax authorities, with the exception of cases required by law, such as the AEOI.

To address your concerns personally, we kindly request that you check your inbox for our response or reach out to our customer support team directly. We are committed to resolving any issues promptly.

Kind regards,
Dukascopy support team

Rated 5 out of 5 stars

Excellent

Excellent, very complete platform regardless of my trading style. I have used it for scalp and swing and I am very happy with it.
It is very clear and easy to use. They are 5 stars.
As for the bank, it fully meets my expectations, perhaps slow in the first deposit but fast in all other services such as withdrawals.

August 16, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

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Rated 4 out of 5 stars

A very great software that provides…

A very great software that provides free seconds charts for free just need some final touches but although a great software

August 16, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

Rated 5 out of 5 stars

Best Trading Platform Out there

This is one of the best trading platforms outthere. Strongly recommend. Plus market replay is free and also Jcould comes in handy

August 15, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

Rated 5 out of 5 stars

Dukascopy is great

Dukascopy is great, especially in their Jforex platform, which has many features and is user-friendly. Overall I like their features beginner traders can easily adapt to the environment.

August 14, 2024
Unprompted review
Dukascopy Bank SA logo

Reply from Dukascopy Bank SA

Thank you so much for taking the time to share your positive feedback about our company services! We are thrilled to hear that you had a great experience with us.

Your kind words mean a lot to us and serve as a great motivation for our team to continue delivering excellent service to all our customers.

Kind regards,
Dukascopy support team

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