Brokers With CZK Accounts

Written By

Jemma Grist

Edited By

James Barra

Updated

Oct 4, 2024

A Czech koruna (CZK) account is a trading account denominated in the Czech Republic’s currency. They are popular with Czech traders, allowing account holders to deposit, trade and withdraw in their local currency while helping to minimize conversion fees.

Discover the best brokers that offer accounts denominated in CZK following our extensive tests.

Best Brokers With CZK Accounts

Our findings show these are the 2 top trading platforms with CZK accounts:

Click a broker for details

1

Dukascopy

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Dukascopy Review

New Customer Bonus Offer 10% Equity Bonus

Ratings

Regulation & Trust 3.5 / 5

Accounts & Banking 3.5 / 5

Assets & Markets 3.8 / 5

Fees & Costs 3 / 5

Platforms & Tools 4.3 / 5

Customer Support 4 / 5

Research 4.5 / 5

Education 3.5 / 5

iOS App 4.6 / 5

Android App 3.7 / 5

Minimum Deposit $100

Minimum Trade 0.01 Lots

Leverage 1:200

Regulator FINMA, JFSA, FCMC

Instruments CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options

Platforms JForex, MT4, MT5

Payment Methods Neteller, Wire Transfer, Mastercard, Skrill, Visa, Maestro, Credit Card, Debit Card, Apple Pay, Bitcoin Payments, Ethereum Payments

Account Currencies USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN

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2

Zacks Trade

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Zacks Trade Review

Ratings

Regulation & Trust 3.5 / 5

Accounts & Banking 3 / 5

Assets & Markets 3 / 5

Fees & Costs 3.5 / 5

Platforms & Tools 3.8 / 5

Customer Support 3.5 / 5

Research 3.9 / 5

Education 1 / 5

iOS App 5 / 5

Android App 3.7 / 5

Minimum Deposit $2500

Minimum Trade $3

Leverage

Regulator FINRA

Instruments Stocks, ETFs, Cryptos, Options, Bonds

Platforms Own

Payment Methods Wire Transfer, ACH Transfer, Cheque

Account Currencies USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, RUB, PLN, CZK, HUF

Go To Zacks Trade

Here is a summary of why we recommend these brokers in February 2025:

Dukascopy - Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders.
Zacks Trade - Zacks Trade is a FINRA-regulated US broker offering trading on stocks, ETFs, cryptocurrencies, bonds and more through a proprietary terminal. The broker is geared toward active traders and offers very affordable fees on most assets as well as an app and a vast amount of market data.

Brokers With CZK Accounts Comparison

Brokers With CZK Accounts Comparison
Broker	CZK Account	Minimum Deposit	Markets	Regulator
	✔	$100	CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options	FINMA, JFSA, FCMC
	✔	$2500	Stocks, ETFs, Cryptos, Options, Bonds	FINRA

Dukascopy

"If you’re an experienced trader, Dukascopy provides the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the peace of mind of using a Swiss-regulated bank and broker."
Christian Harris, Reviewer

Dukascopy Quick Facts

Bonus Offer	10% Equity Bonus
Demo Account	Yes
Instruments	CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options
Regulator	FINMA, JFSA, FCMC
Platforms	JForex, MT4, MT5
Minimum Deposit	$100
Minimum Trade	0.01 Lots
Leverage	1:200
Account Currencies	USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN

Pros

Dukascopy offers tight spreads starting from 0.1 pips, leverage up to 1:200 (depending on the jurisdiction), and volume-based commissions that reward high-frequency traders.
Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as both a broker and a bank, ensuring top-tier financial security and adherence to strict standards.
Dukascopy features some of the best research we’ve seen, even a professional TV studio in Geneva covering financial news, market analysis, and daily insights from professionals.

Cons

Dukascopy's withdrawal fees are higher than most competitors we’ve tested, particularly for bank wire transfers, which may deter traders who require frequent access to their funds.
While Dukascopy provides some educational resources and 24/7 support, the complexity of its platforms and tools required extensive testing and may overwhelm newer traders.
Some account types, such as the MT4/MT5 accounts, require a higher minimum deposit of $1,000, which may not be ideal for traders with smaller budgets.

Visit Dukascopy

Dukascopy Review

Zacks Trade

"Zacks Trade will suit active day traders with experience using powerful platforms. Fees and margin rates are low while the market research is excellent."
Tobias Robinson, Reviewer

Zacks Trade Quick Facts

Demo Account	Yes
Instruments	Stocks, ETFs, Cryptos, Options, Bonds
Regulator	FINRA
Platforms	Own
Minimum Deposit	$2500
Minimum Trade	$3
Account Currencies	USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, RUB, PLN, CZK, HUF

Pros

Demo account
Customizable proprietary trading platform and mobile app
20+ account denominations

Cons

Shortcomings regarding platform loading times and technical glitches
No forex, commodities or futures trading
High minimum requirement of $2,500

Visit Zacks Trade

Zacks Trade Review

How Did We Choose The Best Brokers?

To list the top trading platforms with CZK accounts we:

Used our database comprising 219 brokers and trading platforms
Identified all those providing an account denominated in Czech koruna
Sorted them by their rating, blending 100+ data entries with the direct experiences of our experts

What Is A CZK Account?

A CZK account is a trading account where the base currency is denominated in the Czech koruna.

All trades (opening and closing positions) and non-trading transactions (deposits and withdrawals) are conducted in CZK.

Below you can see an example where I opened a CZK-based trading account at IronFX.

Live account registration form at IronFX, showing CZK base currency option — IronFX – Account Registration

Do I Need A CZK Trading Account?

This type of account may be suitable if:

You live in the Czech Republic and earn or save in the CZK because it’s cost-effective to have a trading account in the same currency.
You trade currency pairs with a CZK component, for example, the EUR/CZK and USD/CZK, because it simplifies calculating profits and losses.
You trade Czech stocks listed on the Prague Stock Exchange because they could help you avoid frequent conversion costs.

How Can I Check If A Broker Offers An Account In Czech Koruna?

Follow these simple steps, which we used to verify that every one of our recommended brokers offers a CZK account:

Navigate to the account options page on the broker’s website to see if there’s a list of ‘base currencies’ or similar.
Check that ‘CZK’ is listed as a supported account currency for your location.
Sign up for a live or demo account and click ‘CZK’ as your preferred currency.

💡

It can be time-consuming to change your account from CZK once activated, so make sure you’re comfortable before registering.

Pros & Cons Of CZK Trading Accounts

Pros

Brokers with koruna accounts are more likely to tailor their trading services to Czech traders in other ways, for example, providing stocks listed on the Prague Stock Exchange (PSE) and forex pairs containing the CZK, such as EUR/CZK.
They reduce/eliminate currency conversion fees on koruna deposits, whereas if you deposited koruna into an IG trading account based in US Dollars, for example, you would be charged a 0.8% FX conversion fee in addition to the current exchange rate from multiple banks.
Our analysis shows brokers with CZK accounts are often authorized by a European regulator that complies with the EU MiFID directive, providing excellent safeguards for retail traders across Europe, including the Czech Republic, notably negative balance protection.
For Czech traders, especially day traders, being able to manage many trades and navigate frequent costs is more convenient when everything is based in the currency you are familiar with.

Cons

Despite a rising number of platforms supporting CZK accounts, they remain relatively rare (less than 10% of the brokers we’ve tested), reducing the pool of high-quality brokers to choose from.
Although the CZK is a relatively stable currency, in part because of its strong economic ties with Europe, holding funds in the currency may expose you to any fluctuations in the koruna following geopolitical pressures in the Czech Republic.
The Czech koruna exhibits lower trading volumes than major currencies like the USD and EUR, so investors trading CZK with other currencies may incur higher spreads.
Active traders dealing in overseas assets, such as US stocks, may need to pay a conversion fee if depositing and managing trades in the koruna.

FAQ

Which Is The Best Broker With A CZK Account?

Use our list of the top brokers with CZK accounts to find the platform that best meets your needs.

How Much Does It Cost To Open A Trading Account Based In Czech Koruna?

Our analysis of 219 brokers, including over 10 that offer a CZK account, shows you normally need up to 250 USD, or around 5,800 CZK.

That said, DEGIRO and Revolut stand out with no minimum deposit in CZK, making them superb options for beginner traders.

Article Sources

Prague Stock Exchange

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