Axi vs Dukascopy 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Axi has the higher TFB Score (85/100 vs 67/100).
Axi is a forex and CFD broker with FCA, ASIC, CySEC and DFSA-regulated entities, offering MT4, MT5 and the Axi Trading Platform app with Standard, Premium and Elite accounts on its global site (Standard and Pro on the Australian site).
66.36% of retail CFD accounts lose money with this provider.
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 | Axi | Dukascopy |
|---|---|---|
| TFB Score | 85/100▲ | 67/100 |
| Regulation & safety | 31/35▲3 tier-1 regulators (FCA, ASIC, CySEC), investor compensation | 25/351 tier-1 regulator (FINMA), client money kept apart |
| Fees & costs | 23/25▲All-in cost from 0.45 pips | 13/25Spreads from 0.1 pips; commission not published |
| Deposits & withdrawals | 15/20Minimum deposit $100 recommended minimum deposit (Standard and Premium, global site; Elite $25,000; AUD/USD 200 and 500 on the Australian site), 6 deposit methods, 1 withdrawal method | 16/20▲Minimum deposit $100 (Dukascopy Bank SA forex account), 6 deposit methods, 5 withdrawal methods |
| Platforms & trading | 16/20▲MT4, MT5; leverage up to 1000:1 (global site, AxiTrader LLC; 30:1 for retail clients of the ASIC and CySEC entities) | 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, DFSA, FMA (NZ) | FINMA |
| Minimum deposit | $100 recommended minimum deposit (Standard and Premium, global site; Elite $25,000; AUD/USD 200 and 500 on the Australian site) | $100 (Dukascopy Bank SA forex account) |
| Spreads from | 0 pips EURUSD (Premium, Elite); from 0.68 pips EURUSD (Standard) | 0.1 pips (variable, SWFX marketplace) |
| Commission | $4.5 round trip per lot (Premium; Elite $3.5 round trip; none on Standard; global site, AxiTrader LLC) | 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 1000:1 (global site, AxiTrader LLC; 30:1 for retail clients of the ASIC and CySEC entities) | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) |
| Platforms | ||
| Withdrawal methods | Same method as deposit for initial deposit, then other available methods | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether |
| Retail accounts losing money | 66.36% | 75.14% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Axi review · Dukascopy review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Axi or Dukascopy better?
Axi has the higher TFB Score (85/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are Axi and Dukascopy regulated?
Axi: FCA, ASIC, CySEC, DFSA, FMA (NZ). Dukascopy: FINMA. Every licence is linked to the regulator's register on each review.
Which is safer, Axi or Dukascopy?
Axi 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 Axi and Dukascopy?
Axi: $100 recommended minimum deposit (Standard and Premium, global site; Elite $25,000; AUD/USD 200 and 500 on the Australian site). Dukascopy: $100 (Dukascopy Bank SA forex account).
Which has tighter spreads, Axi or Dukascopy?
Published spreads start from 0 pips EURUSD (Premium, Elite); from 0.68 pips EURUSD (Standard) at Axi and 0.1 pips (variable, SWFX marketplace) at Dukascopy; commission: Axi $4.5 round trip per lot (Premium; Elite $3.5 round trip; none on Standard; global site, AxiTrader LLC), 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 Axi and Dukascopy offer MetaTrader and TradingView?
Both offer MetaTrader 4. Axi: MT4, MT5, Axi Trading Platform app. Dukascopy: JForex 4, MetaTrader 4.
What is the maximum leverage at Axi and Dukascopy?
Axi: up to 1000:1 (global site, AxiTrader LLC; 30:1 for retail clients of the ASIC and CySEC entities). 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.
How many retail accounts lose money at Axi and Dukascopy?
Axi states 66.36% and Dukascopy states 75.14% of retail investor accounts lose money when trading CFDs with them.
More Axi 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