Dukascopy vs Fusion Markets 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Fusion Markets has the higher TFB Score (86/100 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.
Fusion Markets is regulated by ASIC (AFSL 385620), the VFSC and the Seychelles FSA, offering MT4, MT5, cTrader and TradingView with no minimum account size.
Side by side
| Item | Dukascopy | Fusion Markets |
|---|---|---|
| TFB Score | 67/100 | 86/100▲ |
| Regulation & safety | 25/351 tier-1 regulator (FINMA), client money kept apart | 26/35▲1 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 13/25Spreads from 0.1 pips; commission not published | 23/25▲All-in cost from 0.00 pips, no commission |
| Deposits & withdrawals | 16/20Minimum deposit $100 (Dukascopy Bank SA forex account), 6 deposit methods, 5 withdrawal methods | 19/20▲Minimum deposit 10 USD (per-method minimum on bank wire, cards, PayPal, crypto and most e-wallets; no separate account minimum), 15 deposit methods, 10 withdrawal methods |
| Platforms & trading | 13/20MT4; leverage up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 18/20▲MT4, MT5, cTrader, TradingView; leverage up to 500:1 (30:1 for ASIC retail clients) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | FINMA | ASIC, FSA Seychelles, VFSC |
| Minimum deposit | $100 (Dukascopy Bank SA forex account) | 10 USD (per-method minimum on bank wire, cards, PayPal, crypto and most e-wallets; no separate account minimum) |
| Spreads from | 0.1 pips (variable, SWFX marketplace) | 0.0 pips (Zero account; Classic includes the commission in the spread, about 0.9 pips all-in) |
| Commission | USD 35 per USD 1 million traded on currency pairs (volume commission per opening or closing trade; lower with higher deposits or volume) | $2.25 per side ($4.50 round turn) on forex, Zero account; Classic has no commission |
| Max leverage | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 500:1 (30:1 for ASIC retail clients) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether | Local Bank Transfer, Bank Wire Transfer, Interac, PayPal, Skrill, Neteller, Crypto, Jetonbank, DragonPay, MiFinity |
| Retail accounts losing money | 75.14% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Dukascopy review · Fusion Markets review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Dukascopy or Fusion Markets better?
Fusion Markets has the higher TFB Score (86/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are Dukascopy and Fusion Markets regulated?
Dukascopy: FINMA. Fusion Markets: ASIC, FSA Seychelles, VFSC. Every licence is linked to the regulator's register on each review.
Which is safer, Dukascopy or Fusion Markets?
Dukascopy holds 1 tier-1 licence (FINMA); Fusion Markets holds 1 (ASIC). 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 Fusion Markets?
Dukascopy: $100 (Dukascopy Bank SA forex account). Fusion Markets: 10 USD (per-method minimum on bank wire, cards, PayPal, crypto and most e-wallets; no separate account minimum).
Which has tighter spreads, Dukascopy or Fusion Markets?
Published spreads start from 0.1 pips (variable, SWFX marketplace) at Dukascopy and 0.0 pips (Zero account; Classic includes the commission in the spread, about 0.9 pips all-in) at Fusion Markets; 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), Fusion Markets $2.25 per side ($4.50 round turn) on forex, Zero account; Classic has no commission.
Do Dukascopy and Fusion Markets offer MetaTrader and TradingView?
Both offer MetaTrader 4. Dukascopy: JForex 4, MetaTrader 4. Fusion Markets: MetaTrader 4, MetaTrader 5, cTrader, TradingView.
What is the maximum leverage at Dukascopy and Fusion Markets?
Dukascopy: Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA). Fusion Markets: 500:1 (30:1 for ASIC retail clients). Leverage depends on the company that opens your account and on your country.
More Dukascopy comparisons
More Fusion Markets 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