Deriv vs Dukascopy 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Deriv has the higher TFB Score (76/100 vs 67/100).
Deriv is a CFD and options broker with entities licensed by the MFSA, LFSA, VFSC and BVI FSC, offering Deriv MT5, Deriv cTrader, TradingView, Deriv Trader and Deriv Bot.
70.78% 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 | Deriv | Dukascopy |
|---|---|---|
| TFB Score | 76/100▲ | 67/100 |
| Regulation & safety | 28/35▲1 tier-1 regulator (MFSA), investor compensation | 25/351 tier-1 regulator (FINMA), client money kept apart |
| Fees & costs | 15/25▲Spreads and commission not published (counted as neutral) | 13/25Spreads from 0.1 pips; commission not published |
| Deposits & withdrawals | 16/20Minimum deposit USD 5 (lowest per-method minimum on the payment methods page; Mastercard USD 10), 7 deposit methods, 1 withdrawal method | 16/20Minimum deposit $100 (Dukascopy Bank SA forex account), 6 deposit methods, 5 withdrawal methods |
| Platforms & trading | 17/20▲MT5, cTrader, TradingView; leverage up to 1:1000 on Deriv MT5 Standard/Swap-free (non-EU 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 | MFSA | FINMA |
| Minimum deposit | USD 5 (lowest per-method minimum on the payment methods page; Mastercard USD 10) | $100 (Dukascopy Bank SA forex account) |
| Spreads from | Zero spread (Zero Spread account on Deriv MT5; Standard and Swap-free accounts have variable spreads, no minimum published) | 0.1 pips (variable, SWFX marketplace) |
| Commission | commission-free CFD trading (TradingView, Deriv MT5 and Deriv cTrader) | 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 1:1000 on Deriv MT5 Standard/Swap-free (non-EU entities) | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) |
| Platforms | ||
| Withdrawal methods | Same method as deposit (cards, e-wallets, crypto, Deriv P2P) | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether |
| Retail accounts losing money | 70.78% | 75.14% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Deriv review · Dukascopy review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Deriv or Dukascopy better?
Deriv has the higher TFB Score (76/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are Deriv and Dukascopy regulated?
Deriv: MFSA. Dukascopy: FINMA. Every licence is linked to the regulator's register on each review.
Which is safer, Deriv or Dukascopy?
Deriv holds 1 tier-1 licence (MFSA); 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 Deriv and Dukascopy?
Deriv: USD 5 (lowest per-method minimum on the payment methods page; Mastercard USD 10). Dukascopy: $100 (Dukascopy Bank SA forex account).
Which has tighter spreads, Deriv or Dukascopy?
Published spreads start from Zero spread (Zero Spread account on Deriv MT5; Standard and Swap-free accounts have variable spreads, no minimum published) at Deriv and 0.1 pips (variable, SWFX marketplace) at Dukascopy; commission: Deriv commission-free CFD trading (TradingView, Deriv MT5 and Deriv cTrader), 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 Deriv and Dukascopy offer MetaTrader and TradingView?
Deriv: Deriv MT5, Deriv cTrader, TradingView, Deriv Trader, Deriv Bot. Dukascopy: JForex 4, MetaTrader 4.
What is the maximum leverage at Deriv and Dukascopy?
Deriv: Up to 1:1000 on Deriv MT5 Standard/Swap-free (non-EU 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 Deriv and Dukascopy?
Deriv states 70.78% and Dukascopy states 75.14% of retail investor accounts lose money when trading CFDs with them.
More Deriv 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