Admirals vs Dukascopy 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Admirals has the higher TFB Score (88/100 vs 67/100).
Admirals (Admiral Markets) is a forex and CFD broker with FCA, ASIC and CySEC-regulated entities, offering MT4, MT5 and its own web and mobile platform.
Dukascopy Bank SA is a Swiss bank founded in Geneva in 2004 and regulated by FINMA as a bank and securities firm, with an EU arm Dukascopy Europe IBS AS in Riga, offering JForex 4 and MetaTrader 4 with volume-based commissions.
75.14% of retail CFD accounts lose money with this provider.
Side by side
| Item | Admirals | Dukascopy |
|---|---|---|
| TFB Score | 88/100▲ | 67/100 |
| Regulation & safety | 34/35▲3 tier-1 regulators (FCA, ASIC, CySEC), investor compensation | 25/351 tier-1 regulator (FINMA), client money kept apart |
| Fees & costs | 21/25▲All-in cost from 0.36 pips | 13/25Spreads from 0.1 pips; commission not published |
| Deposits & withdrawals | 18/20▲Minimum deposit EUR 100 or equivalent (MT4 accounts), 5 deposit methods, 3 withdrawal methods | 16/20Minimum deposit $100 (Dukascopy Bank SA forex account), 6 deposit methods, 5 withdrawal methods |
| Platforms & trading | 15/20▲MT4, MT5; leverage up to 1:30 on major FX pairs for retail clients | 13/20MT4; leverage up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | FCA, ASIC, CySEC | FINMA |
| Minimum deposit | EUR 100 or equivalent (MT4 accounts) | $100 (Dukascopy Bank SA forex account) |
| Spreads from | 0 pips (Zero.MT5, Invest.MT5); from 0.5 pips (Trade.MT5) | 0.1 pips (variable, SWFX marketplace) |
| Commission | From USD 1.80 per lot per side on Zero.MT5 (forex/metals rate depends on monthly volume) | USD 35 per USD 1 million traded on currency pairs (volume commission per opening or closing trade; lower with higher deposits or volume) |
| Max leverage | 1:30 on major FX pairs for retail clients | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) |
| Platforms | ||
| Withdrawal methods | Bank transfer, Visa/Mastercard, Skrill | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether |
| Retail accounts losing money | Not published | 75.14% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Admirals review · Dukascopy review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Admirals or Dukascopy better?
Admirals has the higher TFB Score (88/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are Admirals and Dukascopy regulated?
Admirals: FCA, ASIC, CySEC. Dukascopy: FINMA. Every licence is linked to the regulator's register on each review.
Which is safer, Admirals or Dukascopy?
Admirals holds 3 tier-1 licences (FCA, ASIC and CySEC); Dukascopy holds 1 (FINMA). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at Admirals and Dukascopy?
Admirals: EUR 100 or equivalent (MT4 accounts). Dukascopy: $100 (Dukascopy Bank SA forex account).
Which has tighter spreads, Admirals or Dukascopy?
Published spreads start from 0 pips (Zero.MT5, Invest.MT5); from 0.5 pips (Trade.MT5) at Admirals and 0.1 pips (variable, SWFX marketplace) at Dukascopy; commission: Admirals From USD 1.80 per lot per side on Zero.MT5 (forex/metals rate depends on monthly volume), Dukascopy USD 35 per USD 1 million traded on currency pairs (volume commission per opening or closing trade; lower with higher deposits or volume).
Do Admirals and Dukascopy offer MetaTrader and TradingView?
Both offer MetaTrader 4. Admirals: MT4, MT5, Admirals web platform, Admirals mobile app. Dukascopy: JForex 4, MetaTrader 4.
What is the maximum leverage at Admirals and Dukascopy?
Admirals: 1:30 on major FX pairs for retail clients. Dukascopy: Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA). Leverage depends on the company that opens your account and on your country.
More Admirals comparisons
More Dukascopy comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning