OANDA vs Dukascopy 2026: Which Broker is Better?
Choosing between OANDA and Dukascopy depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while Dukascopy operates from Geneva, Switzerland. OANDA has the longer track record, established in 1996, 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.
OANDA
Dukascopy
| OANDA | Dukascopy | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.7/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.6 pips | 0.1 pips ✓ |
| Max Leverage | 1:50 | 1:200 ✓ |
| Regulation | CFTC, FCA, ASIC ✓ | FCA, MAS |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
OANDA is the better choice overall, scoring 4.3/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Dukascopy offers lower spreads (0.1 pips).
See full side-by-side comparison belowOANDA vs Dukascopy: Key Differences
OANDA
WinnerDukascopy
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Fees Comparison
OANDA
Dukascopy
Regulation & Trust
OANDA holds licences from FCA, CFTC, ASIC. Dukascopy is regulated by FCA, MAS.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Dukascopy adds Stocks.
Fees & Spreads
On spreads, Dukascopy is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.6 pips at OANDA.
Trading Platforms
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Dukascopy offers Proprietary Web, Proprietary Mobile, MT4. Both brokers are available on MT4, Proprietary Web, Proprietary Mobile.
Minimum Deposit
OANDA requires no minimum deposit, while Dukascopy sets a minimum deposit of $100. This makes OANDA accessible to traders with any budget.
Overall Ratings
BrokerRank scores OANDA at 4.09/5 and Dukascopy at 3.71/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. OANDA leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
OANDA
4.3/5
Choose OANDA if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- No minimum deposit
- More regulatory licences (7)
Dukascopy
3.7/5
Choose Dukascopy if you want…
- Tighter spreads (from 0.1 pips)
- Higher leverage (up to 1:200)
- More market types (6)
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 OANDA & Dukascopy are available in
Frequently Asked Questions
1Is OANDA better than Dukascopy?
OANDA scores higher overall on our independent rating system. OANDA holds a 4.3/5 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, OANDA or Dukascopy?
OANDA offers spreads from 0.6 pips, while Dukascopy starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for OANDA vs Dukascopy?
OANDA requires a minimum deposit of $0. Dukascopy requires $100.
4Which broker is safer, OANDA or Dukascopy?
OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while Dukascopy holds licences from FCA, MAS.
5What trading platforms do OANDA and Dukascopy support?
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Dukascopy supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both OANDA 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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