Alpari vs Dukascopy 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Dukascopy has the higher TFB Score (67/100 vs 61/100).
Alpari, founded in 1998, is a trading name of Parlance Trading Ltd, licensed by the Mwali International Services Authority (an offshore regulator), offering Micro, Standard, ECN and Pro ECN accounts on MetaTrader 4, MetaTrader 5 and the Alpari app.
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 | Alpari | Dukascopy |
|---|---|---|
| TFB Score | 61/100 | 67/100▲ |
| Regulation & safety | 7/35Strongest licence MISA (tier 3) | 25/35▲1 tier-1 regulator (FINMA), client money kept apart |
| Fees & costs | 22/25▲All-in cost from 0.00 pips, no commission | 13/25Spreads from 0.1 pips; commission not published |
| Deposits & withdrawals | 16/20Minimum deposit $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN), 5 deposit methods, 5 withdrawal methods | 16/20Minimum deposit $100 (Dukascopy Bank SA forex account), 6 deposit methods, 5 withdrawal methods |
| Platforms & trading | 16/20▲MT4, MT5; leverage up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | 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 | MISA | FINMA |
| Minimum deposit | $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN) | $100 (Dukascopy Bank SA forex account) |
| Spreads from | 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) | 0.1 pips (variable, SWFX marketplace) |
| Commission | None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded | 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 | Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Debit and credit cards, E-wallets, Local payment methods, Cryptocurrency | 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: Alpari review · Dukascopy review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Alpari or Dukascopy better?
Dukascopy has the higher TFB Score (67/100 vs 61/100). The best choice depends on your country, platform and payment method.
Are Alpari and Dukascopy regulated?
Alpari: MISA. Dukascopy: FINMA. Every licence is linked to the regulator's register on each review.
Which is safer, Alpari or Dukascopy?
Alpari holds no tier-1 licence; 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 Alpari and Dukascopy?
Alpari: $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN). Dukascopy: $100 (Dukascopy Bank SA forex account). Alpari asks for less to start.
Which has tighter spreads, Alpari or Dukascopy?
Published spreads start from 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) at Alpari and 0.1 pips (variable, SWFX marketplace) at Dukascopy; commission: Alpari None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded, 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 Alpari and Dukascopy offer MetaTrader and TradingView?
Both offer MetaTrader 4. Alpari: MetaTrader 4, MetaTrader 5, Alpari Mobile App. Dukascopy: JForex 4, MetaTrader 4.
What is the maximum leverage at Alpari and Dukascopy?
Alpari: Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd). 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 Alpari 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