CMC Markets vs Dukascopy 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
CMC Markets has the higher TFB Score (73/100 vs 67/100).
CMC Markets UK plc is authorised and regulated by the FCA (FRN 173730) and offers spread bets and CFDs on its Next Generation platform, MT4 and TradingView.
68% 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 | CMC Markets | Dukascopy |
|---|---|---|
| TFB Score | 73/100▲ | 67/100 |
| Regulation & safety | 28/35▲1 tier-1 regulator (FCA), investor compensation | 25/351 tier-1 regulator (FINMA), client money kept apart |
| Fees & costs | 15/25▲Spreads from 0 pips; commission not published | 13/25Spreads from 0.1 pips; commission not published |
| Deposits & withdrawals | 16/20Minimum deposit No minimum deposit to open an account, 3 deposit methods, 2 withdrawal methods | 16/20Minimum deposit $100 (Dukascopy Bank SA forex account), 6 deposit methods, 5 withdrawal methods |
| Platforms & trading | 14/20▲MT4, TradingView; leverage up to 30:1 for retail traders (CMC Markets UK plc) | 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 | FINMA |
| Minimum deposit | No minimum deposit to open an account | $100 (Dukascopy Bank SA forex account) |
| Spreads from | 0.0 pips (FX Active account, six major pairs; standard CFD and spread bet accounts from 0.5 pips on major FX pairs) | 0.1 pips (variable, SWFX marketplace) |
| Commission | A fixed commission at 0.0025% per transaction (FX Active account; standard CFD and spread bet accounts are spread only) | 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 | 30:1 for retail traders (CMC Markets UK plc) | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) |
| Platforms | ||
| Withdrawal methods | Card, Registered bank account | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether |
| Retail accounts losing money | 68% | 75.14% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: CMC Markets review · Dukascopy review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is CMC Markets or Dukascopy better?
CMC Markets has the higher TFB Score (73/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are CMC Markets and Dukascopy regulated?
CMC Markets: FCA. Dukascopy: FINMA. Every licence is linked to the regulator's register on each review.
Which is safer, CMC Markets or Dukascopy?
CMC Markets holds 1 tier-1 licence (FCA); 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 CMC Markets and Dukascopy?
CMC Markets: No minimum deposit to open an account. Dukascopy: $100 (Dukascopy Bank SA forex account).
Which has tighter spreads, CMC Markets or Dukascopy?
Published spreads start from 0.0 pips (FX Active account, six major pairs; standard CFD and spread bet accounts from 0.5 pips on major FX pairs) at CMC Markets and 0.1 pips (variable, SWFX marketplace) at Dukascopy; commission: CMC Markets A fixed commission at 0.0025% per transaction (FX Active account; standard CFD and spread bet accounts are spread only), 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 CMC Markets and Dukascopy offer MetaTrader and TradingView?
Both offer MetaTrader 4. CMC Markets: Next Generation, MetaTrader 4, TradingView. Dukascopy: JForex 4, MetaTrader 4.
What is the maximum leverage at CMC Markets and Dukascopy?
CMC Markets: 30:1 for retail traders (CMC Markets UK plc). 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 CMC Markets and Dukascopy?
CMC Markets states 68% and Dukascopy states 75.14% of retail investor accounts lose money when trading CFDs with them.
More CMC Markets 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