Dukascopy — India
Key facts (8)
- Who actually onboards you
- Served by Dukascopy Bank SA (Switzerland) cross-border; no Indian enti
- Licence number
- not stated
- Established
- 2004
- Min deposit, USD
- not stated
- Platforms
- JForex 4 · MT4 · MT5
- Local funding
- Bank wire, cards, Dukascopy wallet; no Indian UP
- Max leverage
- 200geo
- EURUSD
- not priced
This broker against the India middle (52 of 91)
| Dukascopy | India median | |
|---|---|---|
| Round turn, USD | not priced | 6.0 USD |
| Min deposit, USD | no data | 30.0 USD |
| Max leverage | 200geo | 500.0geo |
| Withdrawal, h | no data | 48.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2004 | 2008.0 |
| Platforms | 3 | 3 |
Accepts residents of India
Through an offshore entity
Score (3/6 axes)
no data
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
Served by Dukascopy Bank SA (Switzerland) cross-border; no Indian entity.
Entity not established
Public rating and its base
Round turn against the local middle (52 of 91)
Getting money out
From the entry account upwards
JForex/SWFX ECN, MT4, MT5; VIP; PAMM; swap-free. Min USD 100 (JForex), USD 1000 MT4/MT5.
Terminals, markets, instrument counts (3)
JForex 4 · MT4 · MT5
FX, metals, index/commodity/stock CFDs, crypto CFDs, bonds.
What works and what to watch
Pros (1)
- Swap-free account available
Cons (4)
- No local licence: the client is onboarded by a foreign entity
- Withdrawal time not published
- No public review-platform rating, so the review axis is absent
- Minimum deposit for this country not published
Profits, and what India takes
Exchange-traded currency futures & options profit is generally treated as non-speculative business income and taxed at the individual's income-tax slab rates (as of the review). Intraday speculative positions are speculative business income (losses set off only against speculative income, carry-forward 4 years) vs non-speculative losses carry-forward 8 years. A 20% TCS applies on LRS foreign remit
Where it does not serve
Afghanistan, Algeria, Angola, Belarus, Belgium, British Virgin Islands, Burundi, Cameroon, Canada, Central African Republic, Cote d’Ivoire, Cuba, Guinea, Guinea-Bissau, Haiti, Hong Kong, Iran, Iraq, Israel, Kenya, Laos, Lebanon, Libya, Malaysia, Mali, Moldova, Monaco, Mongolia, Myanmar (Burma), Namibia, Nepal, Nicaragua, North Korea, Russia, Singapore, Somalia, South Sudan, Spain, Sudan, Syria, Tr
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (2)
Checked: 2026-07-09
- dukascopy.com domain
- dukascopy.bank/faq page
FAQ (3)
Does Dukascopy accept residents of India?
Through an offshore entity.
Which entity onboards a India client of Dukascopy?
Served by Dukascopy Bank SA (Switzerland) cross-border; no Indian entity.
What licence does Dukascopy hold for India?
No licence number is published for this country.