Higher Rated
FP Markets
Capital at risk · T&Cs apply
In this comparison of Dukascopy and FP Markets, we explore the distinct features and services offered by each broker. Dukascopy, based in Geneva, appeals to traders who prioritise security and access to a wide range of markets, aided by its Swiss banking licence and ECN model. FP Markets, headquartered in Sydney, is more suited to cost-sensitive traders seeking competitive spreads from 0.0 pips and access to popular platforms like MT4, MT5, and TradingView. While Dukascopy offers a robust proprietary platform with historical tick data, FP Markets provides higher leverage and lower commissions, making it attractive for those seeking flexibility and cost efficiency.
Dukascopy
FP Markets
| Dukascopy | FP Markets | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 3.8/5 ✓ |
| Min. Deposit | $100 | $100 |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, MAS | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, TradingView |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.7/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowDukascopy
FP Markets
WinnerDukascopy
FP Markets
Lower feesDukascopy
3.7/5
Choose Dukascopy if you want…
FP Markets
3.8/5
Choose FP Markets if you want…
FP Markets scores higher overall on our independent rating system. Dukascopy holds a 3.7/5 rating vs FP Markets's 3.8/5. 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 FP Markets starts at 0 pips. Check the fees section above for a full breakdown.
Dukascopy requires a minimum deposit of $100. FP Markets requires $100.
Dukascopy is regulated by FCA, MAS, while FP Markets holds licences from ASIC, CySEC.
Dukascopy supports Proprietary Web, Proprietary Mobile, MT4. FP Markets supports MT4, MT5, TradingView, 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.