Dukascopy vs FP Markets: which broker is better in 2026?
We compare Dukascopy and FP Markets — 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
CriteriaDukascopyFP Markets
Overall score 4.0 3.8
Regulation & safety 4.5 3.5
Fees & deposit 4.0 4.0
Platform & assets 4.0 4.0
User support 3.5 3.5
Trust score83/10074/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsJForex (desktop/web), MetaTrader 4, Mobile app, API (FIX/JForex)MetaTrader 4, MetaTrader 5, cTrader, IRESS
Fee modelECN model: raw spread + volume-based commission — competitive for volume; exact figures not yet verifiedRaw spread + commission (Raw) or Standard; competitive
Pros & cons
- 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
- ASIC/CySEC regulation + full platform selection (including IRESS for stocks)
- Competitive raw spreads
- Operating since 2005
- The global entity (St. Vincent) is less strict than ASIC/CySEC
- Mid-size brand, not a tier-1 giant
- Leverage is high-risk
Regulation at a glance
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.
FP Markets
Australian (2005) — regulated by ASIC (Australia), CySEC (Cyprus), FSA (St. Vincent for the global entity).