Dukascopy in United Arab Emirates — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%70
- Round-turn cost20%80
- Safety20%0
- Payouts15%60
- Track record10%100
- Platforms10%80
Numbered by weight: axis 1 counts for most.
Who actually onboards you
- Entity that onboards United Arab Emirates residents
- Served by Dukascopy Bank SA (Geneva, Switzerland) as cross-border Swiss bank; no UAE onshore entity.
- Local standing
- Offshore-to-UAE; regulated in home jurisdiction by FINMA (Swiss bank + securities dealer). Not licensed by UAE regulators.
- Licence as the register states it
- No local SCA/DFSA/ADGM licence; operates under Swiss FINMA authorisation only.
- Leverage for this entity
- Up to 1:200 (Dukascopy Bank SA retail); 1:30 on weekends.
- The firm behind it
- Dukascopy Bank SA founded 2004, Geneva; licensed Swiss bank operating SWFX Swiss FX Marketplace ECN.
- What we hold against it
- Bank-grade FINMA regulation, strong reputation; higher min deposit and complexity than typical retail brokers. Not UAE-licensed.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards UAE residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore-to-UAE; regulated in home jurisdiction by FINMA (Swiss bank + securities dealer). Not licensed by UAE regulators.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against the UAE market median(priced from 60 of 75)
Medians run over the 60 of 75 brokers that publish a price for United Arab Emirates, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: JForex/SWFX ECN, MT4, MT5, VIP tiers, PAMM, swap-free available. Min USD 100 (JForex), USD 1000 for MT4/MT5. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Dukascopy sits in the UAE base(75 brokers)
Round-turn cost, USD (60 of 75 priced)
Median 7 USD · range 2-35 · this broker 9 USD · 15 of 75 brokers do not publish it
Minimum deposit, USD (33 of 75 priced)
Median 50 USD · range 0-10000 · this broker 100 USD · 42 of 75 brokers do not publish it
Retail leverage (53 of 75 with a UAE figure)
Median 1:500 · range 1-5000 · this broker 1:200 · 22 of 75 brokers do not publish it
Withdrawal time published (75 brokers)
Payouts(2 methods)
| Method | Deposit, h | Fee, USD | Min, USD |
|---|---|---|---|
| Bank wire | 24 | 0 | 50 |
| Cards | 24 | 0 | 50 |
Deposit and withdrawal methods (2 methods · 0 local rails)
Bank wire, cards, internal Dukascopy multi-currency wallet;
- Bank wire
- Cards
- Account currency
- AED offered among 20+ base currencies (also USD, EUR, CHF).
- Fee declared
- 2 of 2 methods
- Withdrawal back to
- the funding method
Where it does not serve(10 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- JForex 4
- MT4
- MT5
Identical for every row: Min spread 0.1 · Leverage 200 UAE.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.4 | 1,179 |
Share of reviewers in the UAE: — The platform does not publish it.
Pros and cons(3 for and 5 against, each tied to a figure on this page)
- Swap-free account available
- Track record 100 of 100, its strongest of 6 scored axes
- 3 platforms: JForex 4, MT4, MT5
- Round turn 9 USD on the raw + commission basis, over the United Arab Emirates median 7
- No United Arab Emirates authorisation on file: the entity that onboards you is licensed elsewhere
- Min deposit 100 USD, over the United Arab Emirates median 50
- Withdrawal in 48 h, over the United Arab Emirates median 24
- Safety 0 of 100, its weakest of 6 scored axes
Alternatives in the UAE(6 of 75 scored in United Arab Emirates)
- Round turn, USD
- 7UAE
- Min deposit, USD
- 100UAE
- Leverage
- 500UAE
- Rank in this country
- #33
- Round turn, USD
- 10UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 50UAE
- Rank in this country
- #39
- Round turn, USD
- 7UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 1000UAE
- Rank in this country
- #25
- Round turn, USD
- 7UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 500UAE
- Rank in this country
- #26
- Round turn, USD
- 7UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 500UAE
- Rank in this country
- #37
- Round turn, USD
- 9UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 400 group
- Rank in this country
- #4
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a UAE score. Full methodology
| Axis | Weight | What is measured | Dukascopy |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 70 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 80 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 60 |
| Track record | 10% | Years since the firm was founded, from its own filings | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 80 |
FAQ
- Does Dukascopy accept residents of United Arab Emirates?
- No. Offshore-to-UAE; regulated in home jurisdiction by FINMA (Swiss bank + securities dealer). Not licensed by UAE regulators. Onboarding entity: Served by Dukascopy Bank SA (Geneva, Switzerland) as cross-border Swiss bank; no UAE onshore entity.
- Is Dukascopy licensed to serve clients in United Arab Emirates?
- No local SCA/DFSA/ADGM licence; operates under Swiss FINMA authorisation only. Checked on 09.07.2026.
- How much does one round turn cost at Dukascopy?
- About 9.0 USD per standard lot on EUR/USD. The median across brokers measured for United Arab Emirates is 7.0 USD.
- What leverage does Dukascopy offer to retail clients in United Arab Emirates?
- Up to 1:200. Up to 1:200 (Dukascopy Bank SA retail); 1:30 on weekends.
- Which trading platforms does Dukascopy support?
- JForex 4, MT4, MT5. Instruments: FX, metals, CFDs on indices/commodities/stocks, crypto CFDs, bonds.
- How can I withdraw money from Dukascopy in United Arab Emirates?
- Bank wire, cards, internal Dukascopy multi-currency wallet; no UAE-specific local rails verified.
- What account types does Dukascopy offer?
- JForex/SWFX ECN, MT4, MT5; VIP tiers; PAMM; swap-free available. Min USD 100 (JForex), USD 1000 for MT4/MT5.
- Does Dukascopy offer a swap-free (Islamic) account?
- Yes. Dukascopy offers a swap-free (Islamic) account to United Arab Emirates residents.
Taxes for a UAE resident(1 rule)
- 0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026);https://dukascopy.com
Not tax advice. Check with the Federal Tax Authority.