Two brokers sit on opposite ends of regulation and platform options. The tension centers on trust, protection, and the breadth of trading tools.
Find out which broker best suits your trader profile.
Choose if…
Choose AMarkets if you want MT4/MT5 and cTrader with transparent ECN commissions.
Choose if…
Choose Dukascopy if you value top regulation and investor protection.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.8/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.9 / 5▲ |
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | AMarkets | Dukascopy |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Fail |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Dukascopy rates 4.3/5 versus 3.8/5 for AMarkets. Dukascopy edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
AMarkets starts from 0 pips, tighter than Dukascopy's 0.1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
AMarkets has $100, while Dukascopy requires at least $1000. This makes AMarkets more accessible for traders with limited starting capital.
Dukascopy holds top-tier regulation (FSA Seychelles, FINMA), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, AMarkets requires a lower minimum deposit ($100), lowering the barrier to entry. Both brokers otherwise share similar beginner-facing criteria in our data. Also compare demo account availability and educational resources on each brokers's site.
AMarkets lists maximum leverage of 3000:1, while Dukascopy lists up to 200:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
AMarkets charges $6 per lot, lower than Dukascopy's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while Dukascopy supports Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. AMarkets has exclusive access to cTrader and MetaTrader 5. Dukascopy has exclusive access to Proprietary Web/Mobile.
AMarkets offers tighter spreads from 0.00 pips vs 0.10 pips for Dukascopy, reducing trading costs.
Dukascopy leads safety and regulation through FINMA licensing protections.
Dukascopy suits active traders with ECN access and automation.
AMarkets is better suited for scalpers: lower commission ($6/lot), tighter spreads from 0.00 pips.
Dukascopy offers MT4/MT5 plus JForex and a proprietary platform.
Dukascopy provides investor protection and compensation for beginners.
Dukascopy features about 1200 instruments for diverse trading.
Fees & Spreads 30% weight | 4.0 / 5 | 4.7 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.1 / 5 | 4.4 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
| Founded | 2007 | 2004 |
|---|
| Headquarters | Kingstown, Saint Vincent and the Grenadines | Plan-les-Ouates, Geneva, Switzerland |
|---|
| Min Deposit | $100▼ lower | $1,000 |
|---|
| Spreads From | 0 pips▼ lower | 0.1 pips |
|---|
| Commission / lot | $6/lot▼ lower | $7/lot |
|---|
| 0.6 pips▼ lower | 0.8 pips |
| Max Leverage | 3,000:1▲ higher | 200:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | SVGFSA | FSA Seychelles FINMA |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Full FINMA banking licence - client cash protected under Swiss deposit guarantee up to CHF 100,000
Genuine interbank SWFX ECN liquidity from 14+ institutional providers
EUR/USD variable spreads from 0.1 pips during London/New York overlap
JForex supports Java/Groovy strategy automation built into the platform
Banking-grade transparency with published balance sheet
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
Multilingual customer support
Cons
SVG FSA registration only, no meaningful retail investor protection
No EU or Tier 1 licensed entity
Very high leverage (3000:1) is a risk amplifier
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Cons
CHF 1,000 minimum deposit excludes traders starting with less than USD 1,000
JForex has a steep learning curve; designed for professional clients
Customer support primarily Swiss business hours
Not available to US residents
No negative balance protection
No 24/5 live chat
Dukascopy edges AMarkets on trust and protection, reflected in a higher editorial score.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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