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Dukascopy
VS
Fusion Markets

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

We compare Dukascopy and Fusion 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

CriteriaDukascopyFusion Markets
Overall score 4.0 3.9
Regulation & safety 4.5 3.5
Fees & deposit 4.0 4.5
Platform & assets 4.0 3.5
User support 3.5 4.0
Trust score83/10076/100
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, TradingView
Fee modelECN model: raw spread + volume-based commission — competitive for volume; exact figures not yet verifiedVery low commission — among the lowest in the industry

Pros & cons

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
Fusion Markets
  • One of the lowest costs in the industry (very small commission)
  • ASIC regulation + wide platform selection
  • Well-regarded support
  • A relatively new (2019) & small broker
  • Many clients via the VFSC Vanuatu entity (light regulation)
  • 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.

Fusion Markets

Australian (2019) — regulated by ASIC (Australia), VFSC (Vanuatu for the global entity), FSA (Seychelles).