Dukascopy vs FXTM
Side-by-side comparison of regulation, trading costs, platforms, and account types for Dukascopy and FXTM.
DukascopyTrust 8.9/10
FINMA
JFSA
FCMC
Geneva-based Swiss bank broker with FINMA and JFSA regulation, running an ECN model on its proprietary JForex platform. Tight raw spreads and CHF 100,000 investor protection make it a serious pick for algo and systematic traders.
FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius
Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.
Quick verdict
- Trust: Dukascopy has the higher trust score.
- EUR/USD spread: FXTM is tighter on EUR/USD.
Side-by-side comparison
| Feature | Dukascopy | FXTM |
|---|---|---|
| Trust score | 8.9 | 8.0 |
| Regulators | FINMA, JFSA, FCMC | FCA, CySEC, FSCA, FSC-Mauritius, CMA |
| Headquarters | Geneva, Switzerland | Cyprus |
| Founded | 1998 | 2011 |
| Min deposit | $100 | $10 |
| Max leverage | 1:200 | 1:1000 |
| EUR/USD spread | 0.20 pips | 0.00 pips |
| Commission per lot | $7 | $4 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP, CHF, JPY | USD, EUR, GBP, NGN |
Dukascopy is best for
Algo traders
Day traders
Scalpers
FXTM is best for
High-volume traders
Day traders
Copy traders