Dukascopy — JForex

Account conditions

Research checked

2026-10-12

Testing status

Not tested

Recorded virtual amount

Requires Verification

Recorded currency

Requires Verification

Expiry category

fixed

Evidence category

Documentation reviewed

Signup requirements

Name, email, phone, platform choice, CAPTCHA

Notes and remaining checks

Signup includes representative contact and group data-sharing consent.

Record ID

dukascopy-jforex-ch

Broker

Dukascopy

Legal entity

Dukascopy Bank SA

Research region codes

• CH

Research region code

CH

Research region

Switzerland

Research scope

Switzerland

Platform code

jforex

Platform

JForex

Documented terms

Instruments/settings may differ from live; simulated orders lack market impact

Balance reset or adjustment

New demo after expiry; balance/currency selectable at signup

Live account or deposit

No; virtual-fund demo

Devices

Windows; Mac; Linux; web; iOS; Android

Forex coverage

Forex available; demo pair count not stated

What the evidence establishes

Official broker documentation; signup and trading not tested.

Supporting sources

• Dukascopy Forex demo account
• Dukascopy platform login
• Dukascopy FAQ
• Dukascopy transparency and legal status

Official information source

Dukascopy Forex demo account

Official entry route

Visit official demo page

Route type

demo-page

Notes and remaining checks

Broker demo page; select your platform to continue.

Evidence status

Official entry route

URL

https://www.dukascopy.com/swiss/english/Forex/demo-fx-account/

Route source

https://www.dukascopy.com/swiss/english/Forex/demo-fx-account/

Research checked

2026-10-13

Testing status

Not tested

Execution and demo realism

Contractual capacity and execution arrangement are separate. ECN/STP labels do not establish agency. Simulated fills do not verify live execution quality.

Scope

Dukascopy Bank SA, Switzerland; SWFX/JForex. JForex demo differences are kept separate from MetaTrader.

Testing status

Not tested

Contractual role

Finding

Requires Verification

Evidence status

Requires Verification

Notes and remaining checks

The bank FAQ identifies Dukascopy as counterparty to every client trade, but the Marketplace Trading Agreement could not be retrieved. Contractual capacity remains unestablished by this review.

Supporting sources

• Dukascopy Bank FAQ
• Dukascopy Marketplace Trading Agreement

Research checked

2026-10-13

Execution arrangement

Finding

SWFX ECN with bank as counterparty

Evidence status

Broker-reported

Notes and remaining checks

SWFX FAQ describes aggregate pricing and the bank as counterparty; it may hedge in its own name fully, partly or not at all. ECN here does not mean the client trades with an outside liquidity provider.

Supporting sources

• Dukascopy Bank FAQ
• Dukascopy SWFX transparency

Research checked

2026-10-13

Demo realism

Finding

JForex demo omits slippage and market impact

Evidence status

Documented

Notes and remaining checks

The General/JForex comparison says demo has no slippage while live does; current feeds/software may differ. The platform comparison also says demo volume does not affect SWFX whereas live volume can. These specific claims are not transferred to MT4/MT5.

Supporting sources

• Dukascopy Bank FAQ

Research checked

2026-10-13

Research review

Research checked

2026-10-13

Review outcome

Reviewed; supported findings in arrangement, demo. Remaining uncertainty is recorded per field and scope.

Remaining checks

• Read the current Marketplace Trading Agreement for explicit contractual capacity.
• Confirm current JForex demo commissions, financing, rejection and margin handling beyond the FAQ's stated limitations.
• Read the current agreement and MT4/MT5 supplements for contractual capacity.
• Obtain separate MT4 and MT5 demo disclosures for slippage, rejection, liquidity, commission, financing and margin.

Demo markets

Scope

Dukascopy Bank SA · Switzerland · JForex. Market coverage not yet reviewed.

Testing status

Not tested

Forex CFDs

Evidence status

Requires Verification

Notes and remaining checks

Forex CFD demo access has not been established for this entity and platform.

Supporting sources

No supporting source recorded for this field.

Research checked

Requires Verification

Cryptocurrency CFDs

Evidence status

Requires Verification

Notes and remaining checks

Cryptocurrency CFD demo access has not been established for this entity and platform.

Supporting sources

No supporting source recorded for this field.

Research checked

Requires Verification

API access

Evidence status

Requires Verification

Type

Requires Verification

Access route

Not established for this offering

Notes and remaining checks

API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.

Requirements

Confirm the account, platform and regional requirements with the broker.

Supporting sources

No supporting source recorded for this field.

Official documentation

No supporting source recorded for this field.

Research checked

Requires Verification

Testing status

Not tested

Entity and regulatory research

Evidence status

Verified

Legal entity

Dukascopy Bank SA

Regulator

Swiss Financial Market Supervisory Authority (FINMA)

Finding

FINMA's 12 October 2026 authorised-bank list includes Dukascopy Bank SA, Genève 15 Aéroport, licensing category Bank, supervisory category 5. No 'about to cease operations' mark appears on its row.

Scope

Swiss bank only; institution-level authorisation, not a product-by-product Forex permission matrix. Does not verify Dukascopy Europe, other group companies, demo terms or client eligibility.

Supporting sources

• FINMA — Authorised banks and securities firms

Reading the evidence

Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.

Official sources