Dukascopy vs eToro 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
eToro has the higher TFB Score (72/100 vs 67/100).
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.
eToro is a multi-asset platform regulated by the FCA, CySEC and ASIC through separate group entities, offering CFDs alongside real stocks and crypto.
51% of retail CFD accounts lose money with this provider.
Side by side
| Item | Dukascopy | eToro |
|---|---|---|
| TFB Score | 67/100 | 72/100▲ |
| Regulation & safety | 25/351 tier-1 regulator (FINMA), client money kept apart | 35/35▲4 tier-1 regulators (FCA, CySEC, ASIC…), investor compensation |
| Fees & costs | 13/25Spreads from 0.1 pips; commission not published | 14/25▲Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 16/20▲Minimum deposit $100 (Dukascopy Bank SA forex account), 6 deposit methods, 5 withdrawal methods | 15/20Minimum deposit $10 to $10,000 first deposit depending on region, 8 deposit methods |
| Platforms & trading | 13/20▲MT4; leverage up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 8/20Web platform, Mobile app; leverage up to 30:1 on major currency pairs (retail, EU/UK/AU rules) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | FINMA | FCA, CySEC, ASIC, FSA Seychelles, FSRA (ADGM), MAS |
| Minimum deposit | $100 (Dukascopy Bank SA forex account) | $10 to $10,000 first deposit depending on region |
| Spreads from | 0.1 pips (variable, SWFX marketplace) | Not published |
| Commission | USD 35 per USD 1 million traded on currency pairs (volume commission per opening or closing trade; lower with higher deposits or volume) | Not published |
| Max leverage | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 30:1 on major currency pairs (retail, EU/UK/AU rules) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether | Not published |
| Retail accounts losing money | 75.14% | 51% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Dukascopy review · eToro review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Dukascopy or eToro better?
eToro has the higher TFB Score (72/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are Dukascopy and eToro regulated?
Dukascopy: FINMA. eToro: FCA, CySEC, ASIC, FSA Seychelles, FSRA (ADGM), MAS. Every licence is linked to the regulator's register on each review.
Which is safer, Dukascopy or eToro?
Dukascopy holds 1 tier-1 licence (FINMA); eToro holds 4 (FCA, CySEC, ASIC and MAS). 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 Dukascopy and eToro?
Dukascopy: $100 (Dukascopy Bank SA forex account). eToro: $10 to $10,000 first deposit depending on region. eToro asks for less to start.
Do Dukascopy and eToro offer MetaTrader and TradingView?
Dukascopy: JForex 4, MetaTrader 4. eToro: Web platform, Mobile app.
What is the maximum leverage at Dukascopy and eToro?
Dukascopy: Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA). eToro: 30:1 on major currency pairs (retail, EU/UK/AU rules). Leverage depends on the company that opens your account and on your country.
How many retail accounts lose money at Dukascopy and eToro?
Dukascopy states 75.14% and eToro states 51% of retail investor accounts lose money when trading CFDs with them.
More Dukascopy comparisons
More eToro 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