Dukascopy Europe vs FXTM Comparison: Which Is Better for Traders?
Dukascopy Europe
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 Europe or FXTM?
Our pick: FXTM
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FXTM looks preferable to Dukascopy Europe.
FXTM scored 4.1/5 and ranks 45 in our all Forex brokers list, whereas Dukascopy Europe has 3.8/5 and ranks 56.
This is not financial advice. See the full comparison below.
Who is Dukascopy Europe suitable for?
Dukascopy Europe is suitable for traders looking for multi-currency accounts and diverse platforms. The broker is not ideal for those who prefer a large selection of deposit/withdrawal methods.
Who is FXTM suitable for?
Broker FXTM is suitable for traders looking for a variety of trading instruments and accounts, but who are willing to tolerate some shortcomings in support and wide spreads.
Comparison Table of Dukascopy Europe and FXTM
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Rating | 3.8/5 | 4.1/5 |
| Foundation Year | 2011 | 2011 |
| Regulated in Countries | Latvia | Cyprus, United Kingdom, Mauritius, Kenya |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:30 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Dukascopy Europe Review | FXTM Review |
Dukascopy Europe Review
Broker Dukascopy Europe represents a reliable choice for a wide range of traders, from beginners to experienced professionals. With a wide range of trading instruments and quality platforms, it can be beautiful for those who want to diversify their portfolio.
However, some aspects, such as average commission levels and limited account funding options, may make it less attractive to traders seeking minimal costs or specific deposit/withdrawal methods.
Dukascopy Europe suits a broad spectrum of traders, especially those who value quality trading tools and support.
Pros and Cons of Dukascopy Europe
Pros
- Wide choice of trading assets.
- Quality trading platforms.
- Round-the-clock customer support.
Cons
- Average level of commissions.
- Limited methods for deposit and withdrawal.
- Limited analytics.
FXTM Review
FXTM stands out in the market due to its wide range of trading instruments, including many currency pairs, stocks, metals, and other products. It makes it attractive to traders looking to diversify their portfolios. Support for various devices' popular MT4 and MT5 platforms ensures trading flexibility and accessibility. In addition, FXTM offers competitive commission terms on the Advantage account, making it a favorable choice for active traders. The availability of educational materials such as e-books, videos, and webinars supports beginners and helps them develop their trading skills. With no deposit fees, the variety of deposit and withdrawal methods is convenient for clients worldwide.
FXTM is ideal for traders seeking various trading instruments and flexible platforms. It will be especially attractive for beginners due to its extensive training resources and for active traders interested in using an Advantage account to minimize commissions.
Pros and Cons of FXTM
Pros
- A wide range of trading assets.
- Low fee per transaction.
- Availability of popular trading platforms.
- Availability of educational materials.
- A variety of deposit and withdrawal methods.
Cons
- Issues with technical support.
- High spreads.
Reliability
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2011 | 2011 |
| Regulated in Countries | Latvia | Cyprus, United Kingdom, Mauritius, Kenya |
| Regulators |
Dukascopy Europe
Broker Dukascopy Europe is reliable and operates under the regulation of FCMC and the Swiss organization. It complies with investor protection laws, guaranteeing compensation up to 20,000 euros.
FXTM
Broker FXTM demonstrates high reliability due to strict regulation and additional protective measures.
Pros
- Regulation by authoritative bodies (CySEC, FCA).
- Membership in the Financial Commission.
- Presence of a Compensation Fund.
Account Opening
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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|
Dukascopy Europe
Opening an account with Dukascopy Europe is convenient and fast, with clear instructions and quick verification.
FXTM
Opening an account with FXTM is a simple and fast process.
Account Types
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Account Types | 2.8/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:30 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Dukascopy Europe
Dukascopy Europe limits options by offering only an ECN account, which may not satisfy all traders.
Pros
- Availability of an Islamic account.
- ECN account available.
- Demo account available.
Cons
- Lack of cent and PAMM accounts.
- No accounts with fixed spreads.
- Limited variety for experienced traders.
FXTM
FXTM offers a variety of accounts and services, meeting the needs of different traders.
Pros
- Wide selection of account types.
- Additional services such as VPS.
- Suitable for traders of different levels.
Cons
- Lack of fixed spread accounts.
Commissions
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Commissions | 3.5/5 | 3/5 |
| Spread | from 0.1 points | from 0.1 points |
| Average Spread (EURUSD) | 0.3 | |
| Commission per Lot | $3.78 | $2.16 |
Dukascopy Europe
Dukascopy Europe's commissions are at an average level, with flexibility for large traders.
Pros
- Flexible commission depending on volume.
- Competitive swaps.
Cons
- Inactivity fee.
FXTM
FXTM's commissions are average, with low per-trade commission but higher-than-average spreads.
Pros
- Low per-trade commission.
Cons
- High spreads.
- Inactivity fee for account.
Deposit and Withdrawal
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Rating | 2.5/5 | 4/5 |
| Account Funding Methods |
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Dukascopy Europe
Limited deposit and withdrawal methods with some fees.
Pros
- No deposit fee.
- Support for major currencies.
Cons
- Lack of electronic wallets and cryptocurrencies.
- Withdrawal fee.
- Undisclosed withdrawal times.
FXTM
FXTM offers a variety of convenient methods for depositing and withdrawing funds, meeting the needs of traders.
Pros
- Numerous available methods.
- Instant fund crediting.
- Most operations without commission.
Cons
- May have withdrawal fees.
- Possible processing time restrictions.
Markets and Products
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Markets and Products | 4.5/5 | 4.6/5 |
| Forex | 59 | 48 |
| Precious Metals | 5 | 3 |
| Energy Carriers | 4 | 3 |
| Soft Commodities | 6 | - |
| Indices | 21 | 13 |
| Stocks | 1081 | 640 |
| ETF | 51 | - |
| Bonds | 3 | - |
| Cryptocurrency | 18 | 11 |
Dukascopy Europe
The broker offers a wide range of markets and products, satisfying various traders' needs.
Pros
- Large selection of currency pairs and CFDs.
- Access to cryptocurrencies and ETFs.
- Variety of commodities.
Cons
- Relatively low leverage.
FXTM
FXTM offers a variety of markets.
Pros
- Ability to invest in US stocks.
- Large number of CFDs for trading.
Cons
- No soft commodities.
Trading Platforms
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Trading Platforms |
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Dukascopy Europe
Conclusion: The broker offers highly functional JForex and MT4 platforms, ensuring flexibility and convenience.
Pros
- Extensive functionality of JForex.
- Availability of the popular MT4.
- Versions for desktop and mobile devices.
Cons
- Limited choice of platforms.
FXTM
The broker offers reliable and proven MT4 and MT5 platforms, ensuring flexibility in trading.
Pros
- Availability on various devices (Windows, Android, iOS).
- Support for automated trading.
- Ability to choose between MT4 and MT5.
Cons
- Lack of a proprietary unique platform.
- Web version only available for MT4.
Analytics
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Rating | 1/5 | 4/5 |
Dukascopy Europe
The broker's analytics are limited, only currency rates are provided.
Pros
- Up-to-date currency rates.
Cons
- Lack of expert analysis.
- No signals and complex analysis tools.
FXTM
The broker offers a strong analytical section.
Pros
- Daily automated trading signals.
- Economic calendar in the personal account.
- A variety of tools for analysis.
Cons
- Outdated video reviews.
- Lack of regular analytical updates from experts.
Education
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Rating | 3/5 | 3.5/5 |
Dukascopy Europe
DE's educational materials are useful for beginners but limited in variety.
Pros
- Video tutorials on the basics.
Cons
- Lack of advanced materials.
- Seminars and webinars are not currently conducted.
FXTM
The broker's educational materials are of average quality with diverse content.
Pros
- Diversity of materials (videos, books).
- Useful for traders of different levels.
Cons
- Outdated webinars.
- Irrelevance of some materials.
Customer Support
| Broker | Dukascopy Europe | FXTM |
|---|---|---|
| Rating | 4.5/5 | 3.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Messenger
LinkedIn
Telegram
Skype
Twitter
Viber
WhatsappDukascopy Europe
The broker's technical support is of a high level with round-the-clock access.
Pros
- 24/7 support.
- Multiple communication channels (phone, chat, email).
- Positive feedback from traders.
Cons
- No messengers for communication with support.
FXTM
FXTM's customer support offers various channels of communication, but reviews about it are mixed.
Pros
- Variety of communication channels.
- There are positive customer reviews.
Cons
- Delays in responses.
- There are ambiguous customer reviews.
Comparisons of Dukascopy Europe and FXTM with other brokers
Conclusion
FXTM stands out as the better overall pick, while Dukascopy Europe trails on aggregate criteria.
FXTM scored 4.1/5 and ranks 45 in our rating; Dukascopy Europe has 3.8/5 and ranks 56.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Dukascopy Europe or FXTM?
FXTM comes out ahead by overall rank (score 4.1/5, position 45) versus Dukascopy Europe (score 3.8/5, position 56).
Which broker is better for beginners: Dukascopy Europe or FXTM?
FXTM 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 Europe or FXTM?
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 Europe and FXTM?
Dukascopy Europe: MetaTrader 4, JForex. FXTM: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with Dukascopy Europe and FXTM?
Dukascopy Europe: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. FXTM: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Dukascopy Europe and FXTM?
Dukascopy Europe: ECN. FXTM: Micro, Advantage, Advantage Plus. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Dukascopy Europe and FXTM?
Dukascopy Europe: Swift, SEPA, Visa, Mastercard. FXTM: Skrill, FasaPay, WebMoney, YooMoney, Qiwi, Perfect Money, PayRedeem, Visa, Mastercard, Maestro, Альфа Банк, Dotpay. Check method-specific fees/settlement times.
Which broker is safer — Dukascopy Europe or FXTM — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
