Dukascopy vs FBS 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
FBS has the higher TFB Score (79/100 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.
FBS is a forex and CFD broker operated by FBS Markets Inc. under the Financial Services Commission of Belize, offering MetaTrader 4, MetaTrader 5 and the FBS app with a $5 minimum deposit.
66.43% of retail CFD accounts lose money with this provider.
Side by side
| Item | Dukascopy | FBS |
|---|---|---|
| TFB Score | 67/100 | 79/100▲ |
| Regulation & safety | 25/351 tier-1 regulator (FINMA), client money kept apart | 28/35▲1 tier-1 regulator (CySEC), investor compensation |
| Fees & costs | 13/25Spreads from 0.1 pips; commission not published | 21/25▲All-in cost from 0.70 pips, no commission |
| Deposits & withdrawals | 16/20Minimum deposit $100 (Dukascopy Bank SA forex account), 6 deposit methods, 5 withdrawal methods | 17/20▲Minimum deposit $5, 4 deposit methods, 4 withdrawal methods |
| Platforms & trading | 13/20MT4; leverage up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 13/20MT4, MT5; leverage up to 1:3000 on forex (FBS Markets Inc., Belize) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | FINMA | FSC (Belize), CySEC |
| Minimum deposit | $100 (Dukascopy Bank SA forex account) | $5 |
| Spreads from | 0.1 pips (variable, SWFX marketplace) | 0.7 pips (floating; no commission) |
| Commission | USD 35 per USD 1 million traded on currency pairs (volume commission per opening or closing trade; lower with higher deposits or volume) | No commission to open or close positions |
| Max leverage | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 1:3000 on forex (FBS Markets Inc., Belize) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether | Bank transfers, Credit/debit cards, Skrill, Neteller |
| Retail accounts losing money | 75.14% | 66.43% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Dukascopy review · FBS review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Dukascopy or FBS better?
FBS has the higher TFB Score (79/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are Dukascopy and FBS regulated?
Dukascopy: FINMA. FBS: FSC (Belize), CySEC. Every licence is linked to the regulator's register on each review.
Which is safer, Dukascopy or FBS?
Dukascopy holds 1 tier-1 licence (FINMA); FBS holds 1 (CySEC). 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 FBS?
Dukascopy: $100 (Dukascopy Bank SA forex account). FBS: $5. FBS asks for less to start.
Which has tighter spreads, Dukascopy or FBS?
Published spreads start from 0.1 pips (variable, SWFX marketplace) at Dukascopy and 0.7 pips (floating; no commission) at FBS; commission: Dukascopy USD 35 per USD 1 million traded on currency pairs (volume commission per opening or closing trade; lower with higher deposits or volume), FBS No commission to open or close positions.
Do Dukascopy and FBS offer MetaTrader and TradingView?
Both offer MetaTrader 4. Dukascopy: JForex 4, MetaTrader 4. FBS: MetaTrader 4, MetaTrader 5, FBS app.
What is the maximum leverage at Dukascopy and FBS?
Dukascopy: Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA). FBS: 1:3000 on forex (FBS Markets Inc., Belize). Leverage depends on the company that opens your account and on your country.
How many retail accounts lose money at Dukascopy and FBS?
Dukascopy states 75.14% and FBS states 66.43% of retail investor accounts lose money when trading CFDs with them.
More Dukascopy comparisons
More FBS 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