FBS

FBS

🟢 Tier 1 Regulated
7.2
/ 10
vs
Dukascopy

Dukascopy

Unrated
8.5
/ 10

FBS vs Dukascopy

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

FBS and Dukascopy are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FBS, founded in 2009 and headquartered in Belize City, Belize, is regulated by IFSC, CySEC and offers spreads starting from 0.7 pips with a minimum deposit of $5. Dukascopy, established in 2004 in Geneva, Switzerland, holds licenses from FINMA with spreads from 0.1 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, Dukascopy scored 8.5/10 overall compared to FBS's 7.2/10, making it the stronger pick for most traders. That said, FBS holds its own with superior education resources and smoother deposits & withdrawals, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Dukascopy scores 8.5/10 overall vs 7.2/10 for FBS — a 1.3-point difference.

  • 💵

    FBS requires just $5 to start, while Dukascopy needs $100 — FBS is 20x more accessible.

  • 🛡️

    FBS holds Tier 1 regulation (IFSC, CySEC) offering stronger investor protection than Dukascopy's Unrated status.

  • 📈

    Dukascopy offers 500+ instruments vs 250+ at FBS — a notable difference in market coverage.

  • 🖥️

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

  • The biggest gap is in Regulation & Trust: Dukascopy scores 9.5 vs 6.5 for FBS — a 3.0-point difference.

Our Verdict

FBS

FBS

Score: 7.2/10 · Wins 2 categories
  • You're a beginner who values learning resources
  • Fast and flexible deposits & withdrawals are important
  • You prefer a low minimum deposit ($5)
🏆 WINNER
Dukascopy

Dukascopy

Score: 8.5/10 · Wins 6 categories
  • You want lower spreads and trading fees
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you

Dukascopy takes the lead with an overall score of 8.5/10 compared to 7.2/10, winning in 6 out of 8 scoring categories. Dukascopy stands out for lower trading costs and better trading platforms, while FBS fights back with superior education resources and smoother deposits & withdrawals.

Detailed Verdict

After testing both brokers with real accounts, Dukascopy comes out ahead with a 8.5/10 overall rating, winning 6 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.5/10. Dukascopy holds Unrated regulation, though traders should verify the specific entity and jurisdiction covering their account. FBS is not without merit — it scores 7.2/10 overall and excels in Deposit & Withdrawal (8.0/10), winning 2 categories. Traders who value superior education resources or smoother deposits & withdrawals may find FBS the better fit. For a complete breakdown, read our full Dukascopy review and FBS review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

FBS
Dukascopy
Trading Costs
7.0 8.5

Dukascopy wins by 1.5 points

Platforms & Tools
7.0 8.0

Dukascopy wins by 1.0 points

Regulation & Trust
6.5 9.5

Dukascopy wins by 3.0 points

Education
7.5 7.0

FBS wins by 0.5 points

Customer Service
7.0 8.0

Dukascopy wins by 1.0 points

Research & Analysis
6.5 8.5

Dukascopy wins by 2.0 points

Deposit & Withdrawal
8.0 7.5

FBS wins by 0.5 points

Product Range
6.5 7.5

Dukascopy wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.2/10
8.5/10
Min Deposit
Lower is better
$5
$100
Max Leverage
1:3000
1:200
Spreads From
0.7 pips
0.1 pips
Platforms
MT4, MT5, FBS Trader App
JForex, MT4
Regulation
IFSC, CySEC
FINMA
Founded
Older track record highlighted
2009
2004
Markets
250+
500+
FBS: 0 Dukascopy: 1
💰

Fees & Costs

🏅 Section Winner: Dukascopy (7.0 vs 8.5)

When it comes to trading costs, Dukascopy has the edge with a score of 8.5/10 versus 7/10 for FBS. FBS offers spreads starting from 0.7 pips, while Dukascopy starts from 0.1 pips. The minimum deposit at FBS is $5, compared to $100 at Dukascopy. 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.

FBS
7.0
Dukascopy
8.5
FBS: 0 Dukascopy: 2
🖥️

Trading Platforms

🏅 Section Winner: Dukascopy (7.0 vs 8.0)

Dukascopy scores 8/10 for platforms compared to 7/10 for FBS. FBS provides MT4, MT5, FBS Trader App, while Dukascopy offers JForex, MT4. 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.

FBS
7.0
Dukascopy
8.0
FBS: 0 Dukascopy: 3
🛡️

Regulation & Safety

🏅 Section Winner: Dukascopy (6.5 vs 9.5)

Regulation is crucial for fund safety. FBS is regulated by IFSC, CySEC (Tier 1), while Dukascopy holds licenses from FINMA (Unrated). FBS scores 6.5/10 and Dukascopy scores 9.5/10 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.

FBS
6.5
Dukascopy
9.5
FBS: 1 Dukascopy: 3
📚

Education & Research

🏅 Section Winner: FBS (7.5 vs 7.0)

For learning resources, FBS 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. FBS and Dukascopy 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.

FBS
7.5
Dukascopy
7.0
FBS: 1 Dukascopy: 4
🎧

Customer Support

🏅 Section Winner: Dukascopy (7.0 vs 8.0)

FBS offers 24/7 Live Chat, Email, Phone and scores 7/10, while Dukascopy provides 24/5 Live Chat, Email, Phone with a score of 8/10. 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.

FBS
7.0
Dukascopy
8.0
FBS: 2 Dukascopy: 4
💳

Deposit & Withdrawal

🏅 Section Winner: FBS (8.0 vs 7.5)

FBS scores 8/10 for deposits and withdrawals, while Dukascopy scores 7.5/10. FBS accepts Bank Transfer, Credit Card, Skrill, Neteller, Sticpay, and Dukascopy supports Bank Transfer, Credit Card, Skrill. Processing times, fees, and available currencies vary. FBS requires a minimum deposit of $5 versus $100 for Dukascopy. Always check withdrawal conditions and any potential fees before funding your account.

FBS
8.0
Dukascopy
7.5

Which Broker Is Right for You?

FBS

Choose FBS if you...

  • You're a beginner who values learning resources
  • Fast and flexible deposits & withdrawals are important
  • You prefer a low minimum deposit ($5)
Visit FBS
Dukascopy

Choose Dukascopy if you...

  • You want lower spreads and trading fees
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you
Visit Dukascopy

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is FBS better than Dukascopy?

Dukascopy scores higher overall (8.5/10 vs 7.2/10), winning 6 of 8 categories. However, FBS is stronger in superior education resources and smoother deposits & withdrawals. The best choice depends on what matters most to your trading style.

Which has lower fees, FBS or Dukascopy?

Dukascopy scores higher for trading costs. FBS offers spreads from 0.7 pips with a $5 minimum deposit, while Dukascopy starts from 0.1 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is FBS safe to trade with?

FBS is regulated by IFSC, CySEC and scores 6.5/10 for regulation. Dukascopy is regulated by FINMA with a score of 9.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, FBS or Dukascopy?

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

What's the minimum deposit for FBS vs Dukascopy?

FBS requires a minimum deposit of $5, while Dukascopy requires $100. FBS 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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