Dukascopy Bank SA vs Pepperstone Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Dukascopy Bank SA or Pepperstone?
Our pick: Pepperstone
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Pepperstone looks preferable to Dukascopy Bank SA.
Pepperstone scored 4.6/5 and ranks 6 in our all Forex brokers list, whereas Dukascopy Bank SA has 4.2/5 and ranks 34.
This is not financial advice. See the full comparison below.
Who is Dukascopy Bank SA suitable for?
Dukascopy Bank SA is suitable for traders looking for a reliable partner with a wide range of services and secure tools for trading in financial markets.
Who is Pepperstone suitable for?
Pepperstone suits traders seeking a wide choice of platforms, tight spreads, and numerous trading instruments.
Comparison Table of Dukascopy Bank SA and Pepperstone
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Rating | 4.2/5 | 4.6/5 |
| Foundation Year | 2010 | 2010 |
| Regulated in Countries | Switzerland | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:200 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Dukascopy Bank SA Review | Pepperstone Review |
Dukascopy Bank SA Review

Dukascopy Bank SA is a broker with a long history and a good reputation. The company provides its clients with a wide range of services and products for trading in international financial markets. The broker has reliable trading tools, including modern trading platforms and access to liquidity from its bank. In addition, Dukascopy Bank SA ensures a high level of security and confidentiality of its clients' data, making it one of the most reliable brokers in the market. Dukascopy Bank SA is an attractive option for traders looking for a reliable partner for successful trading in the financial markets.
Pros and Cons of Dukascopy Bank SA
Pros
- Wide range of trading assets.
- High-quality trading platforms.
- Quality technical support.
- Diverse analytical tools.
Cons
- Fees for deposit and withdrawal.
- Insufficient educational materials.
Pepperstone Review

Pepperstone is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.
The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.
The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.
Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.
Pros and Cons of Pepperstone
Pros
- Wide selection of trading platforms.
- Tight spreads and favourable trading conditions.
- Numerous regulatory licenses.
- A large number of trading assets.
Cons
- Lack of diversity in types of trading accounts.
Pepperstone is in the top 10 of the following ratings:
Reliability
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2010 | 2010 |
| Regulated in Countries | Switzerland | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Regulators | FINMA FINMA | ASIC ASIC SCB SCB CySEC CySEC DFSA DFSA BaFin BaFin CMA CMA FCA FCA |
Dukascopy Bank SA
Dukascopy Bank is a reliable broker, regulated by FINMA and licensed in Switzerland, Japan, and Europe, confirming its stability and legitimacy.
Pepperstone
Pepperstone is regulated in seven different jurisdictions, indicating a high level of reliability and regulation.
Account Opening
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
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Dukascopy Bank SA
Opening an account with Dukascopy is quite simple and fast, with clear steps and the possibility of verification via video call.
Pros
- Clear and simple registration process.
- Fast verification, often less than 24 hours.
- Possibility of identity confirmation via video call.
Cons
- Minimum deposit of $1000 may be high for beginners.
Pepperstone
The account opening process is straightforward, convenient, and fast.
Account Types
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Account Types | 4/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:200 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Dukascopy Bank SA
Dukascopy offers a versatile ECN account, but limits the selection of specialized accounts.
Pros
- 24 base currencies.
- Availability of binary options and Islamic account.
- Contests and managed accounts available
Cons
- Lack of cent accounts.
- No fixed spread accounts.
Pepperstone
Pepperstone's account types meet the needs of most traders, though they lack variability.
Pros
- The ability to copy trades.
- Support for VPS hosting.
Cons
- Lack of cent accounts.
- No fixed spread accounts.
Commissions
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Commissions | 3.7/5 | 4/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 0.3 | 1.15 |
| Commission per Lot | $3.78 | $3.5 |
Dukascopy Bank SA
Dukascopy offers average commissions with flexible terms depending on trading volume and deposit, but charges an inactivity fee.
Pros
- Flexible commission that decreases with increasing trade volume.
- Low swaps compared to competitors.
Cons
- Transaction fee higher than some competitors.
- Inactivity fee charged.
Pepperstone
Pepperstone does not charge an inactivity fee or withdrawal fees, which is an essential advantage for traders. As for trading commissions, the broker offers competitive conditions.
Deposit and Withdrawal
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Rating | 3.5/5 | 4.5/5 |
| Account Funding Methods |
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Dukascopy Bank SA
Dukascopy offers a variety of deposit and withdrawal methods, but with high fees.
Pros
- Wide selection of methods.
- Fast fund crediting.
- Free transfers between Dukascopy accounts.
Cons
- High fees (2.5%).
- Lack of cryptocurrencies in deposit/withdrawal methods.
Pepperstone
Account funding and withdrawal processes at Pepperstone are pretty convenient and fast.
Pros
- Multiple available deposit methods.
- No deposit fee.
- Swift transaction processing.
Cons
- Bank fees for withdrawals.
Markets and Products
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Markets and Products | 4.7/5 | 5/5 |
| Forex | 60 | 97 |
| Precious Metals | 5 | 20 |
| Energy Carriers | 4 | 4 |
| Soft Commodities | 6 | 16 |
| Indices | 20 | 26 |
| Stocks | 1081 | 986 |
| ETF | 51 | 108 |
| Bonds | 3 | - |
| Cryptocurrency | 18 | 30 |
Dukascopy Bank SA
Dukascopy offers an extensive selection of markets and products, but with limited leverage.
Pros
- Wide range of currency pairs and CFDs.
- Ability to trade binary options.
- Access to cryptocurrencies.
Cons
- Relatively low leverage.
Pepperstone
The broker utilizes services from several tier-one liquidity providers to offer clients competitive quotes with low spreads and high liquidity across various instruments.
Trading Platforms
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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Dukascopy Bank SA
Dukascopy's trading platforms are highly regarded for their functionality and user-friendliness.
Pros
- Wide selection of technical indicators.
- Availability of unique order types.
- Support for mobile devices and MT4.
Cons
- Lack of other popular platforms besides MT4.
Pepperstone
Pepperstone offers a wide selection of high-quality and functional trading platforms, making it attractive to many investors.
Analytics
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
Dukascopy Bank SA
Dukascopy's analytical tools are extensive and of high quality.
Pros
- Availability of fundamental and technical analysis.
- Own TV channel with up-to-date information.
- A variety of additional tools.
Pepperstone
Pepperstone has a well-developed analytical department, which includes daily market reviews, an economic calendar, the powerful automatic market analysis tool Autochartist, and convenient calculators for traders.
Education
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Rating | 3/5 | 5/5 |
Dukascopy Bank SA
Dukascopy's educational materials are limited, with a focus on video tutorials for the platform, but without in-depth analysis.
Pros
- Video tutorials for the JForex platform.
Cons
- Lack of regular webinars and seminars.
- Shortage of materials for advanced traders.
Pepperstone
Pepperstone greatly emphasizes the educational component, offering a broad spectrum of instructional materials and resources.
Customer Support
| Broker | Dukascopy Bank SA | Pepperstone |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Dukascopy Bank SA
Dukascopy's technical support is efficient, with rapid response and professional staff.
Pros
- Instant responses in chat.
- Short waiting time on the phone.
Cons
- No messengers for communication with support.
Pepperstone
Pepperstone's support service provides clients with various communication channels, prompt responses, professionalism, and efficiency in problem-solving.
Comparisons of Dukascopy Bank SA and Pepperstone with other brokers
Dukascopy Bank SA Comparisons
Conclusion
Pepperstone stands out as the better overall pick, while Dukascopy Bank SA trails on aggregate criteria.
Pepperstone scored 4.6/5 and ranks 6 in our rating; Dukascopy Bank SA has 4.2/5 and ranks 34.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Dukascopy Bank SA or Pepperstone?
Pepperstone comes out ahead by overall rank (score 4.6/5, position 6) versus Dukascopy Bank SA (score 4.2/5, position 34).
Which broker is better for beginners: Dukascopy Bank SA or Pepperstone?
Pepperstone is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Dukascopy Bank SA or Pepperstone?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Dukascopy Bank SA and Pepperstone?
Dukascopy Bank SA: MetaTrader 4, JForex. Pepperstone: MetaTrader 5, MetaTrader 4, cTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with Dukascopy Bank SA and Pepperstone?
Dukascopy Bank SA: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Pepperstone: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Dukascopy Bank SA and Pepperstone?
Dukascopy Bank SA: ECN. Pepperstone: Standard, Razor. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Dukascopy Bank SA and Pepperstone?
Dukascopy Bank SA: Apple Pay, Skrill, Neteller, Swift, SEPA, Visa, Mastercard. Pepperstone: Neteller, PayPal, Skrill, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Dukascopy Bank SA or Pepperstone — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.


