Dukascopy vs JustMarkets 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
JustMarkets has the higher TFB Score (82/100 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.
JustMarkets operates entities regulated by CySEC, the FSC Mauritius, the BVI FSC and the Seychelles FSA, with a maximum leverage of 1:3000 outside the EU and 1:30 for EU retail clients.
69.19% of retail CFD accounts lose money with this provider.
Side by side
| Item | Dukascopy | JustMarkets |
|---|---|---|
| TFB Score | 67/100 | 82/100▲ |
| 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 | 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 | 16/20Minimum deposit $10 (Standard and Standard Cent; Pro and Raw Spread: $200; EU: 100 EUR), 5 deposit methods, 1 withdrawal method |
| 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 1:3000 (global entities; 1:30 for EU retail clients at JustMarkets Ltd, CySEC) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | FINMA | CySEC, FSC Mauritius, BVI FSC, FSA Seychelles |
| Minimum deposit | $100 (Dukascopy Bank SA forex account) | $10 (Standard and Standard Cent; Pro and Raw Spread: $200; EU: 100 EUR) |
| Spreads from | 0.1 pips (variable, SWFX marketplace) | 0.0 pips (Raw Spread account; Standard from 0.3, Pro from 0.1) |
| Commission | USD 35 per USD 1 million traded on currency pairs (volume commission per opening or closing trade; lower with higher deposits or volume) | $3 each side per lot (Raw Spread; Standard, Standard Cent and Pro: no commission) |
| Max leverage | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 1:3000 (global entities; 1:30 for EU retail clients at JustMarkets Ltd, CySEC) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether | Same system and account that was initially used for the deposit |
| Retail accounts losing money | 75.14% | 69.19% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Dukascopy review · JustMarkets review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Dukascopy or JustMarkets better?
JustMarkets has the higher TFB Score (82/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are Dukascopy and JustMarkets regulated?
Dukascopy: FINMA. JustMarkets: CySEC, FSC Mauritius, BVI FSC, FSA Seychelles. Every licence is linked to the regulator's register on each review.
Which is safer, Dukascopy or JustMarkets?
Dukascopy holds 1 tier-1 licence (FINMA); JustMarkets 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 JustMarkets?
Dukascopy: $100 (Dukascopy Bank SA forex account). JustMarkets: $10 (Standard and Standard Cent; Pro and Raw Spread: $200; EU: 100 EUR). JustMarkets asks for less to start.
Which has tighter spreads, Dukascopy or JustMarkets?
Published spreads start from 0.1 pips (variable, SWFX marketplace) at Dukascopy and 0.0 pips (Raw Spread account; Standard from 0.3, Pro from 0.1) at JustMarkets; 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), JustMarkets $3 each side per lot (Raw Spread; Standard, Standard Cent and Pro: no commission).
Do Dukascopy and JustMarkets offer MetaTrader and TradingView?
Both offer MetaTrader 4. Dukascopy: JForex 4, MetaTrader 4. JustMarkets: MetaTrader 4, MetaTrader 5.
What is the maximum leverage at Dukascopy and JustMarkets?
Dukascopy: Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA). JustMarkets: 1:3000 (global entities; 1:30 for EU retail clients at JustMarkets Ltd, CySEC). Leverage depends on the company that opens your account and on your country.
How many retail accounts lose money at Dukascopy and JustMarkets?
Dukascopy states 75.14% and JustMarkets states 69.19% of retail investor accounts lose money when trading CFDs with them.
More Dukascopy comparisons
More JustMarkets 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