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

Dukascopy vs LHV 2026: Which Broker is Better?

Choosing between Dukascopy and LHV depends on your trading style, preferred markets, and budget. Dukascopy is headquartered in Geneva, Switzerland, while LHV operates from Tallinn, Estonia. LHV has the longer track record, established in 1999, compared to Dukascopy which was founded in 2004. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

Dukascopy

LHV

VS
DukascopyLHV
BrokerRank Score3.7/5 ✓3.5/5
Min. Deposit$100$0 ✓
Spread from0.1 pips0 pips ✓
Max Leverage1:200 ✓1:5
RegulationFCA, MASFinantsinspektsioon, FCA
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile, LHV Broker
Quick VerdictBrokerRank recommends
Best for Beginners
LHVDukascopy
Best for Low Fees
LHVDukascopy
Best for Regulation
DukascopyLHV
Best Overall
DukascopyLHV
Quick Answer

Dukascopy is the better choice overall, scoring 3.7/5 vs 3.5/5 on BrokerRank's independent rating. On fees, LHV offers lower spreads (0 pips).

See full side-by-side comparison below

Dukascopy vs LHV: Key Differences

Feature

Dukascopy

LHV

Winner
Our Rating
3.7 / 5
3.5 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0.1 pips
0 pips
Commission
$3.5/lot
None
Regulated By
FinantsinspektsioonFCA
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile, LHV Broker
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Etf, Crypto, Indices
Founded
2004
1999
Headquarters
Geneva, Switzerland
Tallinn, Estonia
Score
2 / 5
3 / 5

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Fees Comparison

Fee

Dukascopy

LHV

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

Regulation & Trust

Dukascopy holds licences from FCA, MAS. LHV is regulated by FCA, Finantsinspektsioon.

Markets & Assets

Both brokers offer access to Stocks, Indices markets. Dukascopy additionally covers Forex, Cfd, Commodities. LHV adds Etf, Crypto.

Fees & Spreads

On spreads, LHV is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at Dukascopy.

Trading Platforms

Dukascopy supports Proprietary Web, Proprietary Mobile, MT4. LHV offers Proprietary Web, Proprietary Mobile, LHV Broker. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

Dukascopy requires a minimum deposit of $100, while LHV sets no minimum deposit. This makes LHV accessible to traders with any budget.

Overall Ratings

BrokerRank scores Dukascopy at 3.71/5 and LHV at 3.36/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Dukascopy leads overall with a clear advantage.

BrokerRank Verdict

Dukascopy is our recommended pick in this comparison, scoring 3.71/5 versus LHV's 3.36/5. Dukascopy holds more tier-1 licences (FCA, MAS), offering stronger regulatory protection. LHV has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find LHV's lower minimum deposit of $0 more accessible. LHV is still a solid option for beginners starting with a smaller initial capital, but Dukascopy offers a stronger overall package for the majority of traders.

Who Should Choose Which?

Dukascopy

Dukascopy

3.7/5

Top pick

Choose Dukascopy if you want…

  • Higher overall rating (3.7/5)
  • Higher leverage (up to 1:200)
  • More market types (6)
LHV

LHV

3.5/5

Choose LHV if you want…

  • Tighter spreads (from 0 pips)
  • No per-trade commission
  • No minimum deposit
  • More established (est. 1999)

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both Dukascopy & LHV are available in

Frequently Asked Questions

1

Is Dukascopy better than LHV?

Dukascopy scores higher overall on our independent rating system. Dukascopy holds a 3.7/5 rating vs LHV's 3.5/5. 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 LHV?

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

3

What is the minimum deposit for Dukascopy vs LHV?

Dukascopy requires a minimum deposit of $100. LHV requires $0.

4

Which broker is safer, Dukascopy or LHV?

Dukascopy is regulated by FCA, MAS, while LHV holds licences from Finantsinspektsioon, FCA.

5

What trading platforms do Dukascopy and LHV support?

Dukascopy supports Proprietary Web, Proprietary Mobile, MT4. LHV supports Proprietary Web, Proprietary Mobile, LHV Broker.

6

Can I use both Dukascopy and LHV?

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

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