Brian Richard_ Smith

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Are Dukascopy’s spreads and fees competitive?

Dukascopy is an ECN broker, offering raw spreads aggregated from multiple liquidity providers. Typical EUR/USD spreads average 0.2–0.4 pips, with a commission charged per lot (roughly $7 per round turn on standard accounts). Compared with IC Markets or Pepperstone, Dukascopy’s all-in cost is similar or slightly lower for high-volume traders. Where Dukascopy shines is in deep liquidity and fair execution, making it a strong choice for scalpers and algo traders.