Dukascopy

Dukascopy

Unrated
8.5
/ 10
vs
Swissquote

Swissquote

Unrated
8.6
/ 10

Dukascopy vs Swissquote

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Dukascopy and Swissquote are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Dukascopy, founded in 2004 and headquartered in Geneva, Switzerland, is regulated by FINMA and offers spreads starting from 0.1 pips with a minimum deposit of $100. Swissquote, established in 1996 in Gland, Switzerland, holds licenses from FINMA with spreads from 1.1 pips and a $1000 minimum deposit. In our hands-on testing across 8 scoring categories, Swissquote scored 8.6/10 overall compared to Dukascopy's 8.5/10, making it the stronger pick for most traders. That said, Dukascopy holds its own with lower trading costs and better customer support, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Swissquote scores 8.6/10 overall vs 8.5/10 for Dukascopy — a 0.1-point difference.

  • 💵

    Dukascopy requires just $100 to start, while Swissquote needs $1000 — Dukascopy is 10x more accessible.

  • 📈

    Swissquote offers 3,000+ instruments vs 500+ at Dukascopy — a massive gap in market coverage.

  • 🖥️

    Dukascopy runs on JForex, MT4, while Swissquote uses MT4, MT5, Advanced Trader — different ecosystems for different trading styles.

  • The biggest gap is in Trading Costs: Dukascopy scores 8.5 vs 7.0 for Swissquote — a 1.5-point difference.

Our Verdict

Dukascopy

Dukascopy

Score: 8.5/10 · Wins 2 categories
  • You want lower spreads and trading fees
  • Responsive customer support matters to you
  • You prefer a low minimum deposit ($100)
🏆 WINNER
Swissquote

Swissquote

Score: 8.6/10 · Wins 3 categories
  • You're a beginner who values learning resources
  • Top-tier regulation and fund safety are your priority
  • You want access to a wider range of instruments

Swissquote takes the lead with an overall score of 8.6/10 compared to 8.5/10, winning in 3 out of 8 scoring categories. Swissquote stands out for stronger regulation and superior education resources, while Dukascopy fights back with lower trading costs and better customer support.

Detailed Verdict

After testing both brokers with real accounts, Swissquote comes out ahead with a 8.6/10 overall rating, winning 3 out of 8 categories. Its strongest area is Regulation & Trust where it scores 10.0/10. Swissquote holds Unrated regulation, though traders should verify the specific entity and jurisdiction covering their account. Dukascopy is not without merit — it scores 8.5/10 overall and excels in Regulation & Trust (9.5/10), winning 2 categories. Traders who value lower trading costs or better customer support may find Dukascopy the better fit. For a complete breakdown, read our full Swissquote review and Dukascopy review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Dukascopy
Swissquote
Trading Costs
8.5 7.0

Dukascopy wins by 1.5 points

Platforms & Tools
8.0 8.0
Regulation & Trust
9.5 10.0

Swissquote wins by 0.5 points

Education
7.0 7.5

Swissquote wins by 0.5 points

Customer Service
8.0 7.5

Dukascopy wins by 0.5 points

Research & Analysis
8.5 8.5
Deposit & Withdrawal
7.5 7.5
Product Range
7.5 8.5

Swissquote wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.5/10
8.6/10
Min Deposit
Lower is better
$100
$1000
Max Leverage
1:200
1:100
Spreads From
0.1 pips
1.1 pips
Platforms
JForex, MT4
MT4, MT5, Advanced Trader
Regulation
FINMA
FINMA
Founded
Older track record highlighted
2004
1996
Markets
500+
3,000+
Dukascopy: 1 Swissquote: 0
💰

Fees & Costs

🏅 Section Winner: Dukascopy (8.5 vs 7.0)

When it comes to trading costs, Dukascopy has the edge with a score of 8.5/10 versus 7/10 for Swissquote. Dukascopy offers spreads starting from 0.1 pips, while Swissquote starts from 1.1 pips. The minimum deposit at Dukascopy is $100, compared to $1000 at Swissquote. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

Dukascopy
8.5
Swissquote
7.0
Dukascopy: 1 Swissquote: 0
🖥️

Trading Platforms

Dukascopy scores 8/10 for platforms compared to 8/10 for Swissquote. Dukascopy provides JForex, MT4, while Swissquote offers MT4, MT5, Advanced Trader. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

Dukascopy
8.0
Swissquote
8.0
Dukascopy: 1 Swissquote: 1
🛡️

Regulation & Safety

🏅 Section Winner: Swissquote (9.5 vs 10.0)

Regulation is crucial for fund safety. Dukascopy is regulated by FINMA (Unrated), while Swissquote holds licenses from FINMA (Unrated). Dukascopy scores 9.5/10 and Swissquote scores 10/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

Dukascopy
9.5
Swissquote
10.0
Dukascopy: 1 Swissquote: 2
📚

Education & Research

🏅 Section Winner: Swissquote (7.0 vs 7.5)

For learning resources, Swissquote leads with 7.5/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Dukascopy and Swissquote both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

Dukascopy
7.0
Swissquote
7.5
Dukascopy: 2 Swissquote: 2
🎧

Customer Support

🏅 Section Winner: Dukascopy (8.0 vs 7.5)

Dukascopy offers 24/5 Live Chat, Email, Phone and scores 8/10, while Swissquote provides 24/5 Email, Phone with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

Dukascopy
8.0
Swissquote
7.5
Dukascopy: 2 Swissquote: 2
💳

Deposit & Withdrawal

Dukascopy scores 7.5/10 for deposits and withdrawals, while Swissquote scores 7.5/10. Dukascopy accepts Bank Transfer, Credit Card, Skrill, and Swissquote supports Bank Transfer, Credit Card. Processing times, fees, and available currencies vary. Dukascopy requires a minimum deposit of $100 versus $1000 for Swissquote. Always check withdrawal conditions and any potential fees before funding your account.

Dukascopy
7.5
Swissquote
7.5

Which Broker Is Right for You?

Dukascopy

Choose Dukascopy if you...

  • You want lower spreads and trading fees
  • Responsive customer support matters to you
  • You prefer a low minimum deposit ($100)
Visit Dukascopy
Swissquote

Choose Swissquote if you...

  • You're a beginner who values learning resources
  • Top-tier regulation and fund safety are your priority
  • You want access to a wider range of instruments
Visit Swissquote

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Dukascopy better than Swissquote?

Swissquote scores higher overall (8.6/10 vs 8.5/10), winning 3 of 8 categories. However, Dukascopy is stronger in lower trading costs and better customer support. The best choice depends on what matters most to your trading style.

Which has lower fees, Dukascopy or Swissquote?

Dukascopy scores higher for trading costs. Dukascopy offers spreads from 0.1 pips with a $100 minimum deposit, while Swissquote starts from 1.1 pips with $1000 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Dukascopy safe to trade with?

Dukascopy is regulated by FINMA and scores 9.5/10 for regulation. Swissquote is regulated by FINMA with a score of 10/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Dukascopy or Swissquote?

Dukascopy scores 8/10 for platforms. Dukascopy offers JForex, MT4, while Swissquote provides MT4, MT5, Advanced Trader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Dukascopy vs Swissquote?

Dukascopy requires a minimum deposit of $100, while Swissquote requires $1000. Dukascopy has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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