Dukascopy Bank vs FXTM - Online Brokerage Comparison

Dukascopy Bank vs FXTM | Trading Brokers Comparison
Dukascopy Bank vs FXTM Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
Minimum Deposit
MT4, JForex
Trading Platforms
Markets To Trade
Dukascopy Bank offers trading (including automated trading) on MT4 and JForex, allowing a wide range of trading styles
Minimum Deposit
MT4, MT5
Trading Platforms
Markets To Trade
FXTM offers trading on MT4 and MT5 (the successor to MT4), provides a Micro (cent) account with a $10 minimum deposit and has copy trading on FXTM Invest

Dukascopy Bank vs FXTM Comparison

Each offers MetaTrader 4 (MT4). As well as providing tools to enable the trader to analyse markets and make their own trading decisions, this platform is well known for its Expert Advisors (EAs) which are automated trading strategies executing trades on behalf of the trader. The trader can use and build EAs in the MQL4 programming language. Both brokers let the trader run these online trading robots.

As well as MT4, FXTM provides the successor to MT4, MetaTrader 5 (MT5). This platform offers a number of upgrades on MT4, but also has EAs.

Dukascopy Bank offers most of its market on JForex (and has more than FXTM and a wider range) on JForex. This platform supports the use of and design of robots based on the Java programming language. JForex also has a relatively large number of technical indicators inbuilt on the platform.

FXTM has a Cent type account (its Micro account) which lets it offer trade sizes smaller than micro lots. This account has a very low minimum deposit as small trade sizes can mean it is possible to trade with a smaller account size.

Dukascopy Bank is regulated by the FINMA in Switzerland.

FXTM is regulated by the FCA in the United Kingdom, the CySEC in Cyprus and the FSC in Mauritius and is licensed by the FSCA in South Africa.

Quick comparison

Each offers MT4. FXTM also provides MT5 and Dukascopy Bank offers JForex on which it has more markets and a wider range than FXTM.

Minimum deposit and account types

The minimum deposit for Dukascopy Bank is $1000. The minimum deposit for FXTM is $10 ($50 in the EEA).

  • Dukascopy Bank offers an account type with differing features for higher deposits. A Swap-free (Islamic) account is available as well. Dukascopy Bank provides webinars through the JForex 3 platform. Dukascopy Bank offers traders access to the Swiss Foreign Exchange Marketplace liquidity pools, which it operates. The minimum trade size is 0.01 standard lots (1000 units). Dukascopy Bank does not restrict trading styles. Market News, Research and Trading Tools including an Economic Calendar as well as Videos and Webinars are available on Dukascopy Bank's website.
  • FXTM offers three account types: Micro, Advantage and Advantage Plus. The minimum deposit for the Micro account is $10 (MT4 only is offered on this account). The minimum deposit for the Advantage and Advantage Plus account is $500. The Micro account is a Cent type account with low minimum trade sizes. The Advantage account offers spreads from 0 plus a commission charge. The Micro and the Advantage Plus accounts offer spreads from 1.5 without a commission charge. FXTM provides Market Analysis Videos and Podcasts, a Forex News Timeline, Education, Market Outlook and an Economic Calendar. Copy trading is provided via FXTM Invest. The minimum trade size is 0.0001 lots.
FXTM vs Dukascopy Bank Quick Comparison
BrokerTrading PlatformDescription
Dukascopy Bank
MT4, JForex
Trading Platforms
Dukascopy Bank offers trading on MT4 and JForex, allowing a wide range of trading styles, incuding automated trading and Stocks CFD trading and allows account funding in Bitcoin
MT4, MT5
Trading Platforms
FXTM offers MT4 and MT5 and has a Micro (cent) account with a low minimum deposit as well as accounts for higher volume traders


  • Dukascopy Bank offers Forex, Indices, Energy, Metals, Stocks, ETFs, Bonds, Cryptocurrencies and Soft Commodities, with 1000+ available. On MT4, Dukascopy Bank has 40+ Forex pairs.
  • FXTM offers Forex, Indices, Energy, Metals and Stocks, with 1000+ available.

Cryptocurrency CFDs

  • Dukascopy Bank offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar, EOS, Uniswap, Polygon, Cardano, Chainlink, Dashcoin, TRON, Aave, Maker, Compound, Enjin, Yearn Finance and Basic Attention Token CFDs.

Spreads and leverage

  • Both brokers can offer low Forex spreads plus a commission charge. FXTM can offer Forex spreads from 1.5 without a commission charge.

Maximum leverage for Dukascopy Bank (FINMA regulated) is 200:1. Maximum leverage for FXTM (FCA or CySEC regulated) is .


  • Dukascopy Bank charges a commission which varies depending on the volume traded, the initial deposit and equity in the account.
  • For Forex, Dukascopy Bank commissions range from $35 per million USD per side, to $10 per million USD traded per side.
  • For other markets except Stocks, Dukascopy Bank commissions range from $52.5 per million USD per side, to $15 per million USD per side.
  • FXTM charges a commission starting at $0.40-$2 per lot per side, depending on the equity in the account and the volume traded. The commission is charged for the ECN account.

Online trading platforms

Both brokers offer MT4. Dukascopy Bank additionally provides JForex. FXTM additionally offers MT5.

Why Dukascopy Bank or FXTM ?

Trader who wish to trade MT4 Expert Advisors (EAs) can do so at either broker, though FXTM has a wider range of markets on this trading platform. Traders who want to trade with MT5 can find this platform at FXTM. Traders who wish to trade more markets and a wider range can do so on JForex at Dukascopy Bank. JForex also allows the trader to use and build online trading robots (using a different programming language). Traders can copy trade at FXTM on FXTM Invest.

Comparison summary

  • Both offer CFD trading
  • Each has MT4
  • FXTM also offers MT5
  • Dukascopy additionally provides JForex
  • FXTM has a Micro (cent) account with a $10 minimum deposit
  • Duascopy Bank allows Bitcoin, Ether and Tether account funding