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CMC Markets
VS
Dukascopy

CMC Markets vs Dukascopy: which broker is better in 2026?

We compare CMC Markets and Dukascopy — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Both score evenly overall — the right choice depends on which criteria matter most to you.

Side-by-side comparison

CriteriaCMC MarketsDukascopy
Overall score 4.0 4.0
Regulation & safety 4.0 4.5
Fees & deposit 3.5 4.0
Platform & assets 4.5 4.0
User support 4.0 3.5
Trust score80/10083/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsProprietary web platform (Next Generation), MetaTrader 4, TradingView (integrated), Mobile appJForex (desktop/web), MetaTrader 4, Mobile app, API (FIX/JForex)
Fee modelSpread & commission model varies per product — details not yet verifiedECN model: raw spread + volume-based commission — competitive for volume; exact figures not yet verified

Pros & cons

CMC Markets
  • Public company (LSE FTSE 250, since 1989) regulated by the FCA + Bermuda Monetary Authority
  • Highly regarded Next Generation platform + MT4 + TradingView integration
  • Broad coverage: forex/share/index CFDs, spread betting, and share dealing
  • Historical note: ASIC once ordered retail-client remediation over margin-netting breaches
  • Focus on leveraged CFD/spread betting products — high-risk
  • Not the choice for those chasing the cheapest cost/raw ECN
Dukascopy
  • 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

CMC Markets

Regulated by the FCA in the UK; holds an additional license from the Bermuda Monetary Authority. Listed on the London Stock Exchange (FTSE 250).

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.