Higher Rated
XM
Capital at risk · T&Cs apply
In the comparison between Dukascopy and XM, the key difference lies in their target trader profiles and cost structures. Dukascopy, with its Swiss banking licence and ECN model, appeals primarily to experienced traders seeking high security and deep liquidity, though it comes with higher commissions and a more complex platform. In contrast, XM attracts beginners and cost-conscious traders with its low minimum deposit requirement, zero commission trades, and extensive educational resources. While Dukascopy offers an array of markets, including cryptocurrencies, XM provides broader leverage options and robust regulatory oversight.
Dukascopy
XM
| Dukascopy | XM | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 3.9/5 ✓ |
| Min. Deposit | $100 ✓ | $5 |
| Spread from | 0.1 pips ✓ | 0.6 pips |
| Max Leverage | 1:200 | 1:1000 ✓ |
| Regulation | FCA, MAS | CySEC, ASIC, FCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 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
XM
WinnerDukascopy
XM
Dukascopy
3.7/5
Choose Dukascopy if you want…
XM
3.9/5
Choose XM if you want…
XM scores higher overall on our independent rating system. Dukascopy holds a 3.7/5 rating vs XM's 3.9/5. 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 XM starts at 0.6 pips. Check the fees section above for a full breakdown.
Dukascopy requires a minimum deposit of $100. XM requires $5.
Dukascopy is regulated by FCA, MAS, while XM holds licences from CySEC, ASIC, FCA.
Dukascopy supports Proprietary Web, Proprietary Mobile, MT4. XM supports MT4, MT5, 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
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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.