Dukascopyvs
FXCMForex Broker Comparison
This comparison pits Dukascopy against FXCM on trust, fees, and platform depth. The tension centers on regulation, pricing structures, and available tools.
Who should choose Dukascopy vs FXCM?
Find out which broker best suits your trader profile.
Choose if…
Choose Dukascopy if you want raw spreads and a broad instrument universe. You avoid inactivity fees with Dukascopy.
Choose if…
Choose FXCM if you value 24/5 live chat and higher leverage. You gain robust APIs for automation with FXCM.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Dukascopy vs FXCM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.9 / 5▲ | 4.1 / 5 |
Dukascopy vs FXCM Forex Broker Pros & Cons
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
Dukascopy vs FXCM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Dukascopy
criteria wins
2
FXCM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Dukascopy | FXCM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Dukascopy vs FXCM: Frequently Asked Questions
The scores are close: Dukascopy rates 4.3/5 and FXCM rates 4.1/5. Dukascopy has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Dukascopy starts from 0.1 pips, tighter than FXCM's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXCM has $50, while Dukascopy requires at least $1000. This makes FXCM more accessible for traders with limited starting capital.
Both Dukascopy and FXCM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
FXCM stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
Dukascopy lists maximum leverage of 200:1, while FXCM lists up to 400:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Dukascopy charges $7 per lot on commission-based accounts. Commission details for FXCM are not currently available. Check their website for up-to-date pricing.
Dukascopy supports Proprietary Web/Mobile, MetaTrader 4, while FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader. Both provide Proprietary Web/Mobile and MetaTrader 4. FXCM has exclusive access to ZuluTrade and NinjaTrader.
