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Side-by-Side Comparison Independent Updated Oct 2, 2026

Dukascopy vs IC Markets 2026: Which Broker is Better?

In the realm of online trading, Dukascopy and IC Markets present distinct offerings tailored to different types of traders. Dukascopy, with its Swiss banking licence and ECN model, appeals to traders seeking high security and deep liquidity, although its complex platform may challenge beginners. In contrast, IC Markets, headquartered in Australia, attracts those prioritising ultra-low spreads and fast execution, benefiting from a broad selection of platforms such as MT4, MT5, and TradingView. While Dukascopy requires a lower minimum deposit, IC Markets stands out with its higher leverage options, catering to more aggressive trading strategies.

Dukascopy

IC Markets

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
DukascopyIC Markets
BrokerRank Score3.7/53.9/5 ✓
Min. Deposit$100 ✓$200
Spread from0.1 pips0 pips ✓
Max Leverage1:2001:500 ✓
RegulationFCA, MASASIC, CySEC
PlatformsProprietary Web, Proprietary Mobile, MT4MT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
DukascopyIC Markets
Best for Low Fees
IC MarketsDukascopy
Best for Regulation
DukascopyIC Markets
Best Overall
IC MarketsDukascopy
Quick Answer

IC Markets is the better choice overall, scoring 3.9/5 vs 3.7/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).

See full side-by-side comparison below

Dukascopy vs IC Markets: Key Differences

Feature

Dukascopy

IC Markets

Our Rating
3.7 / 5
3.9 / 5
Min. Deposit
$100
$200
Max Leverage
Spread From
0.1 pips
0 pips
Commission
$3.5/lot
$3.5/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile, MT4
MT4, MT5, TradingView, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
2004
2007
Headquarters
Geneva, Switzerland
Sydney, Australia
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Dukascopy

IC Markets

Lower fees
Spread From
0.1 pips
0 pips
Commission
$3.5/lot
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, IC Markets is more suitable due to its user-friendly platforms, ultra-low spreads from 0.0 pips, and extensive platform support, including MT4, MT5, and TradingView. Professional traders may prefer Dukascopy for its Swiss banking licence, ECN model with deep liquidity, and access to historical tick data, despite its complex platform. In terms of fees, IC Markets has the edge with lower spreads starting at 0 pips, making it more cost-effective overall.

Who Should Choose Which?

Dukascopy

Dukascopy

3.7/5

Choose Dukascopy if you want…

  • Lower minimum deposit ($100)
  • More established (est. 2004)
IC Markets

IC Markets

3.9/5

Top pick

Choose IC Markets if you want…

  • Higher overall rating (3.9/5)
  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)
  • More platforms (4 supported)

Also consider

View all rankings

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80% of retail CFD accounts lose money.

Both Dukascopy & IC Markets are available in

Frequently Asked Questions

1

Is Dukascopy better than IC Markets?

IC Markets scores higher overall on our independent rating system. Dukascopy holds a 3.7/5 rating vs IC Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Dukascopy or IC Markets?

Dukascopy offers spreads from 0.1 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Dukascopy vs IC Markets?

Dukascopy requires a minimum deposit of $100. IC Markets requires $200.

4

Which broker is safer, Dukascopy or IC Markets?

Dukascopy is regulated by FCA, MAS, while IC Markets holds licences from ASIC, CySEC.

5

What trading platforms do Dukascopy and IC Markets support?

Dukascopy supports Proprietary Web, Proprietary Mobile, MT4. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both Dukascopy and IC Markets?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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