Dukascopyvs
FXTMForex Broker Comparison
Two seasoned brokers, Dukascopy and FXTM, clash on regulation, pricing, and platform design, creating contrasting value propositions for different traders.
Who should choose Dukascopy vs FXTM?
Find out which broker best suits your trader profile.
Choose if…
Choose Dukascopy if you prioritize a proprietary platform with Java/Groovy automation.
Choose if…
Choose FXTM if you value 24/5 live chat and a low $10 minimum deposit.
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 FXTM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.9 / 5▲ | 4.2 / 5 |
Dukascopy vs FXTM 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 FXTM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Dukascopy
criteria wins
2
FXTM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Dukascopy | FXTM |
|---|---|---|
| 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 | 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 | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Dukascopy vs FXTM: Frequently Asked Questions
The scores are close: Dukascopy rates 4.3/5 and FXTM rates 4.2/5. 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 FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXTM has $10, while Dukascopy requires at least $1000. This makes FXTM more accessible for traders with limited starting capital.
Both Dukascopy and FXTM 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.
FXTM 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 FXTM lists up to 1000:1. 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 FXTM are not currently available. Check their website for up-to-date pricing.
Dukascopy supports Proprietary Web/Mobile, MetaTrader 4, while FXTM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. Dukascopy has exclusive access to Proprietary Web/Mobile. FXTM has exclusive access to MetaTrader 5.
