Dukascopy licence record
Is Dukascopy regulated by the Bank of Latvia?
Yes, according to our records. Dukascopy is matched to a licence from the Latvijas Banka (formerly FCMC) (Latvia). Confirm it on the register before relying on it.
Search the Bank of Latvia register Bank of Latvia warnings All Dukascopy licences
What the Bank of Latvia licence means
Based on our licence database, Dukascopy holds a licence from the Latvijas Banka (formerly FCMC) (Bank of Latvia), the financial regulator for Latvia. We classify the Bank of Latvia as tier 2 — strong regulation. Credible regulators with real rulebooks, but fewer safeguards than tier 1 (e.g. no compensation scheme or looser leverage rules).
For Dukascopy clients whose account is held by its Bank of Latvia-regulated entity, the key protections are: compensation — Investor protection — up to €20,000; retail leverage — 30:1 on major FX pairs (ESMA rules); negative balance protection — mandatory for retail clients; client money — MiFID II client asset rules. Disputes can be taken to Latvijas Banka.
Dukascopy is also matched to licences from FINMA and JFSA. FINMA and JFSA are rated higher than the Bank of Latvia in our methodology, so if you are eligible for those entities you may get stronger protection.
Protection at a glance
- Regulator tier
- Tier 2 — Strong regulation
- Compensation scheme
- Investor protection — up to €20,000
- Retail leverage
- 30:1 on major FX pairs (ESMA rules)
- Negative balance protection
- Required for retail clients
- Client money
- MiFID II client asset rules
- Complaints
- Latvijas Banka
How to verify this licence
- Open Dukascopy's client agreement or website footer and note the exact company name and Bank of Latvia licence number.
- Search that name or number on the official Bank of Latvia register. Check the status is current, not cancelled or suspended.
- Confirm the website domain you're using (dukascopy.com) is the one listed on the register — clone firms copy genuine licence numbers.
- Search the Bank of Latvia warnings page and IOSCO I-SCAN for the brand name.
Dukascopy's other licences
Frequently asked questions
Is Dukascopy regulated by the Bank of Latvia?
Our database records Dukascopy as holding a licence from the Latvijas Banka (formerly FCMC). Confirm the current status on the Bank of Latvia register: https://www.bank.lv/en/operational-areas/supervision/market-participants
Does the Bank of Latvia licence protect all Dukascopy clients?
No. It protects clients whose account is with the specific Dukascopy company licensed by the Bank of Latvia. Clients onboarded to a different group entity are covered by that entity's regulator instead.
Is there a compensation scheme for Dukascopy clients under the Bank of Latvia?
Investor protection — up to €20,000
What leverage can Dukascopy offer under the Bank of Latvia?
30:1 on major FX pairs (ESMA rules)