Dukascopy vs FXTM 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
FXTM has the higher TFB Score (71/100 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.
FXTM (Exinity group) is a CFD broker offering MT4, MT5 and the FXTM app, with a commission-based Advantage account from 0 pips and commission-free Micro, Rewards and Rewards Plus accounts.
Side by side
| Item | Dukascopy | FXTM |
|---|---|---|
| TFB Score | 67/100 | 71/100▲ |
| Regulation & safety | 25/35▲1 tier-1 regulator (FINMA), client money kept apart | 18/35Strongest licence FSCA (tier 2), client money kept apart |
| Fees & costs | 13/25Spreads from 0.1 pips; commission not published | 22/25▲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 | 16/20Minimum deposit $30 (Micro); $100 Rewards Plus, $200 Rewards, $500 Advantage, 5 deposit methods, 5 withdrawal methods |
| Platforms & trading | 13/20MT4; leverage up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 15/20▲MT4, MT5; leverage up to 1:5000 floating (Rewards Plus and Rewards, Exinity Limited); 1:3000 Advantage, 1:1000 Micro |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | FINMA | FSC Mauritius, FSCA, CMA Kenya |
| Minimum deposit | $100 (Dukascopy Bank SA forex account) | $30 (Micro); $100 Rewards Plus, $200 Rewards, $500 Advantage |
| Spreads from | 0.1 pips (variable, SWFX marketplace) | 0 pips (Advantage), 0.9 pips (Rewards), 1.5 pips (Rewards Plus), 1.7 pips (Micro) |
| Commission | USD 35 per USD 1 million traded on currency pairs (volume commission per opening or closing trade; lower with higher deposits or volume) | Forex: $3.5 per lot ($7 round turn) on Advantage; Micro, Rewards and Rewards Plus no commission |
| Max leverage | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | up to 1:5000 floating (Rewards Plus and Rewards, Exinity Limited); 1:3000 Advantage, 1:1000 Micro |
| Platforms | ||
| Withdrawal methods | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether | Credit and debit cards, Cryptocurrency, E-wallets, Bank wire transfers, Local payment solutions |
| 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 · FXTM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Dukascopy or FXTM better?
FXTM has the higher TFB Score (71/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are Dukascopy and FXTM regulated?
Dukascopy: FINMA. FXTM: FSC Mauritius, FSCA, CMA Kenya. Every licence is linked to the regulator's register on each review.
Which is safer, Dukascopy or FXTM?
Dukascopy holds 1 tier-1 licence (FINMA); FXTM holds none. 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 FXTM?
Dukascopy: $100 (Dukascopy Bank SA forex account). FXTM: $30 (Micro); $100 Rewards Plus, $200 Rewards, $500 Advantage. FXTM asks for less to start.
Which has tighter spreads, Dukascopy or FXTM?
Published spreads start from 0.1 pips (variable, SWFX marketplace) at Dukascopy and 0 pips (Advantage), 0.9 pips (Rewards), 1.5 pips (Rewards Plus), 1.7 pips (Micro) at FXTM; 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), FXTM Forex: $3.5 per lot ($7 round turn) on Advantage; Micro, Rewards and Rewards Plus no commission.
Do Dukascopy and FXTM offer MetaTrader and TradingView?
Both offer MetaTrader 4. Dukascopy: JForex 4, MetaTrader 4. FXTM: MetaTrader 4, MetaTrader 5, FXTM App.
What is the maximum leverage at Dukascopy and FXTM?
Dukascopy: Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA). FXTM: up to 1:5000 floating (Rewards Plus and Rewards, Exinity Limited); 1:3000 Advantage, 1:1000 Micro. Leverage depends on the company that opens your account and on your country.
More Dukascopy comparisons
More FXTM 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