Dukascopy vs Interactive Brokers 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Interactive Brokers has the higher TFB Score (73/100 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.
Interactive Brokers is a multi-asset broker offering spot forex at interbank-style prices with a separate commission, through entities regulated in the US, UK, Ireland, Australia and Singapore.
58.9% of retail CFD accounts lose money with this provider.
Side by side
| Item | Dukascopy | Interactive Brokers |
|---|---|---|
| TFB Score | 67/100 | 73/100▲ |
| Regulation & safety | 25/351 tier-1 regulator (FINMA), client money kept apart | 35/35▲4 tier-1 regulators (FCA, CBI, ASIC…), investor compensation |
| Fees & costs | 13/25Spreads from 0.1 pips; commission not published | 14/25▲All-in cost from 10.00 pips, no commission |
| Deposits & withdrawals | 16/20Minimum deposit $100 (Dukascopy Bank SA forex account), 6 deposit methods, 5 withdrawal methods | 16/203 deposit methods, 4 withdrawal methods |
| Platforms & trading | 13/20▲MT4; leverage up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 8/20Trader Workstation (TWS), IBKR Mobile, Client Portal |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | FINMA | FCA, CBI, ASIC, MAS |
| Minimum deposit | $100 (Dukascopy Bank SA forex account) | No account minimums |
| Spreads from | 0.1 pips (variable, SWFX marketplace) | As narrow as 1/10 PIP (spot FX, no mark-up; commission charged separately) |
| Commission | USD 35 per USD 1 million traded on currency pairs (volume commission per opening or closing trade; lower with higher deposits or volume) | 0.20 basis point * trade value (Tier I, up to USD 1 billion a month; falls to 0.08 bps at higher volume; minimum USD 2.00 per order) |
| Max leverage | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | Not published |
| Platforms | ||
| Withdrawal methods | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether | Bank wire, Check, ACH, SEPA |
| Retail accounts losing money | 75.14% | 58.9% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Dukascopy review · Interactive Brokers review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Dukascopy or Interactive Brokers better?
Interactive Brokers has the higher TFB Score (73/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are Dukascopy and Interactive Brokers regulated?
Dukascopy: FINMA. Interactive Brokers: FCA, CBI, ASIC, MAS. Every licence is linked to the regulator's register on each review.
Which is safer, Dukascopy or Interactive Brokers?
Dukascopy holds 1 tier-1 licence (FINMA); Interactive Brokers holds 4 (FCA, CBI, 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 Interactive Brokers?
Dukascopy: $100 (Dukascopy Bank SA forex account). Interactive Brokers: No account minimums.
Which has tighter spreads, Dukascopy or Interactive Brokers?
Published spreads start from 0.1 pips (variable, SWFX marketplace) at Dukascopy and As narrow as 1/10 PIP (spot FX, no mark-up; commission charged separately) at Interactive Brokers; 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), Interactive Brokers 0.20 basis point * trade value (Tier I, up to USD 1 billion a month; falls to 0.08 bps at higher volume; minimum USD 2.00 per order).
Do Dukascopy and Interactive Brokers offer MetaTrader and TradingView?
Dukascopy: JForex 4, MetaTrader 4. Interactive Brokers: Trader Workstation (TWS), IBKR Mobile, Client Portal.
How many retail accounts lose money at Dukascopy and Interactive Brokers?
Dukascopy states 75.14% and Interactive Brokers states 58.9% of retail investor accounts lose money when trading CFDs with them.
More Dukascopy comparisons
More Interactive Brokers 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