FP Markets vs Dukascopy 2026: Which Broker is Better?
Choosing between FP Markets and Dukascopy depends on your trading style, preferred markets, and budget. FP Markets is headquartered in Sydney, Australia, while Dukascopy operates from Geneva, Switzerland. Dukascopy has the longer track record, established in 2004, compared to FP Markets which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FP Markets
Dukascopy
| FP Markets | Dukascopy | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.7/5 |
| Min. Deposit | $100 | $100 |
| Spread from | 0 pips ✓ | 0.1 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | ASIC, CySEC | FCA, MAS |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile, MT4 |
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 belowFP Markets vs Dukascopy: Key Differences
FP Markets
WinnerDukascopy
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Fees Comparison
FP Markets
Lower feesDukascopy
Regulation & Trust
FP Markets holds licences from ASIC, CySEC. Dukascopy is regulated by FCA, MAS.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
Fees & Spreads
On spreads, FP Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at Dukascopy.
Trading Platforms
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Dukascopy offers Proprietary Web, Proprietary Mobile, MT4. Both brokers are available on MT4, Proprietary Mobile.
Minimum Deposit
FP Markets requires a minimum deposit of $100, while Dukascopy sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores FP Markets at 3.84/5 and Dukascopy at 3.71/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FP Markets leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
FP Markets
3.8/5
Choose FP Markets if you want…
- Higher overall rating (3.8/5)
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More platforms (4 supported)
Dukascopy
3.7/5
Choose Dukascopy if you want…
- More established (est. 2004)
Also consider
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.
Both FP Markets & Dukascopy are available in
Frequently Asked Questions
1Is FP Markets better than Dukascopy?
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Dukascopy's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, FP Markets or Dukascopy?
FP Markets offers spreads from 0 pips, while Dukascopy starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FP Markets vs Dukascopy?
FP Markets requires a minimum deposit of $100. Dukascopy requires $100.
4Which broker is safer, FP Markets or Dukascopy?
FP Markets is regulated by ASIC, CySEC, while Dukascopy holds licences from FCA, MAS.
5What trading platforms do FP Markets and Dukascopy support?
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Dukascopy supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both FP Markets and Dukascopy?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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