Admirals (Admiral Markets) vs Dukascopy: which broker is better in 2026?
We compare Admirals (Admiral Markets) and Dukascopy — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Dukascopy edges ahead (4.0/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaAdmirals (Admiral Markets)Dukascopy
Overall score 3.9 4.0
Regulation & safety 4.0 4.5
Fees & deposit 3.5 4.0
Platform & assets 4.0 4.0
User support 4.0 3.5
Trust score78/10083/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, Admirals platform/appJForex (desktop/web), MetaTrader 4, Mobile app, API (FIX/JForex)
Fee modelSpread + commission varies; competitiveECN model: raw spread + volume-based commission — competitive for volume; exact figures not yet verified
Pros & cons
- Tier-1 multi-jurisdiction regulation (FCA/ASIC/CySEC) + a track record since 2001
- Full MT4/MT5 + strong educational material
- Multi-asset coverage (forex, CFDs, ETFs, bonds)
- Spread is not the cheapest in the raw ECN class
- Product availability differs per entity
- Leverage is high-risk
- FINMA-licensed Swiss bank — top-tier prudential oversight
- Transparent ECN/marketplace model (SWFX) with a powerful JForex platform
- Competitive commissions for volume traders
- Account structure & the JForex platform can be complex for beginners
- Minimum deposit relatively high compared to typical retail brokers
- Leveraged products are high-risk
Regulation at a glance
Admirals (Admiral Markets)
Admirals (Admiral Markets) — regulated by the FCA (UK), CySEC (Cyprus), ASIC (Australia), EFSA (Estonia), JSC (Jordan). Related to a group publicly listed on Nasdaq Tallinn.
Dukascopy
Dukascopy Bank SA is a licensed bank & securities dealer supervised by FINMA (the Swiss financial regulator). Its European entity (Dukascopy Europe) is supervised in Latvia. Its 'Swiss bank' status adds a layer of prudential oversight.