Higher Rated
Forex.com
Capital at risk · T&Cs apply
In the comparison of Dukascopy and Forex.com, the key distinction lies in their business models and appeal to different trader profiles. Dukascopy, based in Geneva, operates an ECN model offering deep liquidity and is particularly attractive to experienced traders seeking advanced tools and historical tick data. In contrast, Forex.com, headquartered in the USA, provides a more accessible trading environment with zero commissions and extensive market research, making it ideal for both beginner and seasoned traders who value comprehensive resources and regulatory assurance.
Dukascopy
Forex.com
| Dukascopy | Forex.com | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 4.4/5 ✓ |
| Min. Deposit | $100 | $100 |
| Spread from | 0.1 pips ✓ | 0.8 pips |
| Max Leverage | 1:200 | 1:200 |
| Regulation | FCA, MAS | FCA, CFTC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, Proprietary Web |
Forex.com is the better choice overall, scoring 4.4/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Dukascopy offers lower spreads (0.1 pips).
See full side-by-side comparison belowDukascopy
Forex.com
WinnerDukascopy
Forex.com
Dukascopy, headquartered in Geneva, Switzerland, is regulated by the Financial Conduct Authority (FCA) in the UK and the Monetary Authority of Singapore (MAS). It holds a Swiss banking licence, which is the highest level of security, providing traders with significant peace of mind. This level of regulation ensures that client funds are protected through stringent oversight and compliance with international banking standards.
Forex.com, based in Bedminster, USA, is regulated by multiple top-tier authorities including the FCA, Commodity Futures Trading Commission (CFTC) in the USA, the Australian Securities and Investments Commission (ASIC), and MAS. Being part of the StoneX Group, which is publicly listed, adds another layer of transparency. Forex.com also adheres to strict fund protection schemes, safeguarding client capital with robust financial protocols.
Dukascopy offers competitive spreads starting from 0.1 pips, particularly attractive for forex traders seeking tight pricing. However, it charges a commission of $3.5 per lot, which is higher than pure ECN brokers. The minimum deposit requirement is $100, aligning with industry standards, though it may be a barrier for some novice traders. Additionally, Dukascopy provides extensive access to historical tick data, a valuable resource for professional traders.
Forex.com provides a commission-free trading environment with spreads starting from 0.8 pips. This model appeals to traders who prefer not to incur additional costs per trade. Like Dukascopy, Forex.com requires a minimum deposit of $100. However, traders should be aware of an inactivity fee, which could affect those with irregular trading patterns. Despite the wider spreads compared to ECN models, the absence of commissions may result in lower overall costs for certain trading strategies.
Dukascopy offers a range of platforms including its proprietary Web and Mobile platforms, as well as MetaTrader 4 (MT4). These platforms cater to different trading needs, from detailed analysis to mobile accessibility. Forex.com, on the other hand, provides both MT4 and MT5 along with its proprietary Web and Mobile platforms. MT5 offers advanced features over MT4, appealing to traders seeking comprehensive tools and enhanced capabilities.
For beginners, Forex.com emerges as the better choice due to its user-friendly platform and comprehensive educational resources. Professionals may prefer Dukascopy for its tight spreads and extensive data offerings. When it comes to fees, Forex.com provides a competitive edge with its commission-free model.
Dukascopy
3.7/5
Choose Dukascopy if you want…
Forex.com
4.4/5
Choose Forex.com if you want…
Forex.com scores higher overall on our independent rating system. Dukascopy holds a 3.7/5 rating vs Forex.com's 4.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Dukascopy offers spreads from 0.1 pips, while Forex.com starts at 0.8 pips. Check the fees section above for a full breakdown.
Dukascopy requires a minimum deposit of $100. Forex.com requires $100.
Dukascopy is regulated by FCA, MAS, while Forex.com holds licences from FCA, CFTC, ASIC, MAS.
Dukascopy supports Proprietary Web, Proprietary Mobile, MT4. Forex.com supports MT4, MT5, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.