FP Markets
Dukascopy
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
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
WinnerDukascopy
FP Markets
Lower feesDukascopy
FP Markets holds licences from ASIC, CySEC. Dukascopy is regulated by FCA, MAS.
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
On spreads, FP Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at Dukascopy.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Dukascopy offers Proprietary Web, Proprietary Mobile, MT4. Both brokers are available on MT4, Proprietary Mobile.
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.
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.
FP Markets
3.8/5
Choose FP Markets if you want…
Dukascopy
3.7/5
Choose Dukascopy if you want…
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.
FP Markets offers spreads from 0 pips, while Dukascopy starts at 0.1 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. Dukascopy requires $100.
FP Markets is regulated by ASIC, CySEC, while Dukascopy holds licences from FCA, MAS.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Dukascopy supports Proprietary Web, Proprietary Mobile, MT4.
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.