Dukascopy vs Trading 212 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Trading 212 has the higher TFB Score (75/100 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.
Trading 212 offers commission-free CFDs through Trading 212 UK Ltd (FCA, FRN 609146), Trading 212 Markets Ltd (CySEC, 398/21) and Trading 212 AU (ASIC, AFSL 541122), on its own app and web platform, with retail negative balance protection.
75% of retail CFD accounts lose money with this provider.
Side by side
| Item | Dukascopy | Trading 212 |
|---|---|---|
| TFB Score | 67/100 | 75/100▲ |
| Regulation & safety | 25/351 tier-1 regulator (FINMA), client money kept apart | 34/35▲3 tier-1 regulators (FCA, CySEC, ASIC), investor compensation |
| Fees & costs | 13/25Spreads from 0.1 pips; commission not published | 14/25▲Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 16/20Minimum deposit $100 (Dukascopy Bank SA forex account), 6 deposit methods, 5 withdrawal methods | 17/20▲Minimum deposit £10, €10, $10, 8 deposit methods, 1 withdrawal method |
| Platforms & trading | 13/20▲MT4; leverage up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 10/20Trading 212 app, Web platform; leverage up to 1:30 on major currency pairs (retail CFD account) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | FINMA | FCA, CySEC, ASIC |
| Minimum deposit | $100 (Dukascopy Bank SA forex account) | £10, €10, $10 |
| Spreads from | 0.1 pips (variable, SWFX marketplace) | Dynamic (variable spreads; average spread per instrument published on its site) |
| Commission | USD 35 per USD 1 million traded on currency pairs (volume commission per opening or closing trade; lower with higher deposits or volume) | Free (no trading commission) |
| Max leverage | Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA) | 1:30 on major currency pairs (retail CFD account) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Payment cards, Skrill, Neteller, Bitcoins, Ether, Tether | Payment methods (back to the methods you deposited with, up to the amount deposited with each unless verified) |
| Retail accounts losing money | 75.14% | 75% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Dukascopy review · Trading 212 review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Dukascopy or Trading 212 better?
Trading 212 has the higher TFB Score (75/100 vs 67/100). The best choice depends on your country, platform and payment method.
Are Dukascopy and Trading 212 regulated?
Dukascopy: FINMA. Trading 212: FCA, CySEC, ASIC. Every licence is linked to the regulator's register on each review.
Which is safer, Dukascopy or Trading 212?
Dukascopy holds 1 tier-1 licence (FINMA); Trading 212 holds 3 (FCA, CySEC and 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 Trading 212?
Dukascopy: $100 (Dukascopy Bank SA forex account). Trading 212: £10, €10, $10.
Which has tighter spreads, Dukascopy or Trading 212?
Published spreads start from 0.1 pips (variable, SWFX marketplace) at Dukascopy and Dynamic (variable spreads; average spread per instrument published on its site) at Trading 212; 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), Trading 212 Free (no trading commission).
Do Dukascopy and Trading 212 offer MetaTrader and TradingView?
Dukascopy: JForex 4, MetaTrader 4. Trading 212: Trading 212 app, Web platform.
What is the maximum leverage at Dukascopy and Trading 212?
Dukascopy: Up to 1:200 on business days (1:60 at weekends; Dukascopy Bank SA). Trading 212: 1:30 on major currency pairs (retail CFD account). Leverage depends on the company that opens your account and on your country.
How many retail accounts lose money at Dukascopy and Trading 212?
Dukascopy states 75.14% and Trading 212 states 75% of retail investor accounts lose money when trading CFDs with them.
More Dukascopy comparisons
More Trading 212 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