Broker comparison

Dukascopy Europe vs FXTM Comparison

Compare trading conditions, commissions and platforms of Forex brokers Dukascopy Europe and FXTM. Find out which broker is best for you.

VS summaryScores and ranking at a glance
Dukascopy Europe
Rating
3.8/5
Rank
#60
Register

71.03% of retail investors lose money when trading CFDs with this broker

FXTMHigher ranked
Rating
4.1/5
Rank
#41
Register

75% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

FXTM ranks higher in the editorial ranking.
Dukascopy Europe
Rating: 3.8/5Rank: #60
FXTM
Rating: 4.1/5Rank: #41

Dukascopy Europe

Minimum deposit · USD
100 USD
Different platforms
  • JForex
Different markets
  • Soft Commodities
  • ETF
  • Bonds
Cent account
No

FXTM

Minimum deposit · USD
10 USD
Different platforms
  • MetaTrader 5
Different markets
None listed
Cent account
Yes

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of Dukascopy Europe and FXTM

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Overview: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Foundation Year20112011
Regulated in CountriesLatviaCyprus, United Kingdom, Mauritius, Kenya
Minimum Deposit
  • 100 USD
  • 10 EUR
  • 10 GBP
  • 10000 NGN
  • 10 USD
Spreadfrom 0.1 pointsfrom 0.1 points
Max Leverage1:301:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 4
  • MetaTrader 5
ReviewDukascopy Europe ReviewFXTM Review

Dukascopy Europe Review

Dukascopy Europe Logo
Register71.03% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4JForex
compare Dukascopy Europe trading accounts

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

  1. Wide choice of trading assets.
  2. Quality trading platforms.
  3. Round-the-clock customer support.

Cons

  1. Average level of commissions.
  2. Limited methods for deposit and withdrawal.
  3. Limited analytics.

FXTM Review

FXTM Logo
Register75% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5
compare FXTM trading accounts

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

  1. A wide range of trading assets.
  2. Low fee per transaction.
  3. Availability of popular trading platforms.
  4. Availability of educational materials.
  5. A variety of deposit and withdrawal methods.

Cons

  1. Issues with technical support.
  2. High spreads.

Reliability

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Reliability: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Reliability
5/5
5/5
Foundation Year20112011
Regulated in CountriesLatviaCyprus, 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

  1. Regulation by authoritative bodies (CySEC, FCA).
  2. Membership in the Financial Commission.
  3. Presence of a Compensation Fund.

Account Opening

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Account Opening: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Account Opening
5/5
5/5
Minimum Deposit
  • 100 USD
  • 10 USD
  • 10 EUR
  • 10 GBP
  • 10000 NGN

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

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Account Types: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Account Types
2.8/5
4.5/5
Trading Accounts
  • ECN
  • Micro
  • Advantage
  • Advantage Plus
Minimum Deposit
  • 100 USD
  • 10 USD
  • 10 EUR
  • 10 GBP
  • 10000 NGN
Spreadfrom 0.1 pointsfrom 0.1 points
Max Leverage1:301:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Swap-free Account

Dukascopy Europe

Dukascopy Europe limits options by offering only an ECN account, which may not satisfy all traders.

Pros

  1. Availability of an Islamic account.
  2. ECN account available.
  3. Demo account available.

Cons

  1. Lack of cent and PAMM accounts.
  2. No accounts with fixed spreads.
  3. Limited variety for experienced traders.

FXTM

FXTM offers a variety of accounts and services, meeting the needs of different traders.

Pros

  1. Wide selection of account types.
  2. Additional services such as VPS.
  3. Suitable for traders of different levels.

Cons

  1. Lack of fixed spread accounts.

Commissions

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Commissions: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Commissions
3.5/5
3/5
Spreadfrom 0.1 pointsfrom 0.1 points
Average Spread (EURUSD)0.3
Commissionper $1M turnover$35.00per $1M turnover$20.00

Dukascopy Europe

Dukascopy Europe's commissions are at an average level, with flexibility for large traders.

Pros

  1. Flexible commission depending on volume.
  2. Competitive swaps.

Cons

  1. Inactivity fee.

FXTM

FXTM's commissions are average, with low per-trade commission but higher-than-average spreads.

Pros

  1. Low per-trade commission.

Cons

  1. High spreads.
  2. Inactivity fee for account.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Rating
2.5/5
4/5
Account Funding Methods
  • Swift
  • SEPA
  • Visa
  • Mastercard
  • Skrill
  • FasaPay
  • WebMoney
  • YooMoney
  • Qiwi
  • PayRedeem
  • Visa
  • Mastercard
  • Maestro
  • Альфа Банк
  • Dotpay

Dukascopy Europe

Limited deposit and withdrawal methods with some fees.

Pros

  1. No deposit fee.
  2. Support for major currencies.

Cons

  1. Lack of electronic wallets and cryptocurrencies.
  2. Withdrawal fee.
  3. Undisclosed withdrawal times.

FXTM

FXTM offers a variety of convenient methods for depositing and withdrawing funds, meeting the needs of traders.

Pros

  1. Numerous available methods.
  2. Instant fund crediting.
  3. Most operations without commission.

Cons

  1. May have withdrawal fees.
  2. Possible processing time restrictions.

Markets and Products

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Markets and Products: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Markets and Products
4.5/5
4.6/5
Forex5948
Precious Metals53
Energy Carriers43
Soft Commodities6-
Indices2113
Stocks1081640
ETF51-
Bonds3-
Cryptocurrency1811

Dukascopy Europe

The broker offers a wide range of markets and products, satisfying various traders' needs.

Pros

  1. Large selection of currency pairs and CFDs.
  2. Access to cryptocurrencies and ETFs.
  3. Variety of commodities.

Cons

  1. Relatively low leverage.

FXTM

FXTM offers a variety of markets.

Pros

  1. Ability to invest in US stocks.
  2. Large number of CFDs for trading.

Cons

  1. No soft commodities.

Trading Platforms

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Trading Platforms: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Rating
4.5/5
4/5
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 4
  • MetaTrader 5

Dukascopy Europe

Conclusion: The broker offers highly functional JForex and MT4 platforms, ensuring flexibility and convenience.

Pros

  1. Extensive functionality of JForex.
  2. Availability of the popular MT4.
  3. Versions for desktop and mobile devices.

Cons

  1. Limited choice of platforms.

FXTM

The broker offers reliable and proven MT4 and MT5 platforms, ensuring flexibility in trading.

Pros

  1. Availability on various devices (Windows, Android, iOS).
  2. Support for automated trading.
  3. Ability to choose between MT4 and MT5.

Cons

  1. Lack of a proprietary unique platform.
  2. Web version only available for MT4.

Analytics

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Analytics: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Rating
1/5
4/5

Dukascopy Europe

The broker's analytics are limited, only currency rates are provided.

Pros

  1. Up-to-date currency rates.

Cons

  1. Lack of expert analysis.
  2. No signals and complex analysis tools.

FXTM

The broker offers a strong analytical section.

Pros

  1. Daily automated trading signals.
  2. Economic calendar in the personal account.
  3. A variety of tools for analysis.

Cons

  1. Outdated video reviews.
  2. Lack of regular analytical updates from experts.

Education

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Education: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Rating
3/5
3.5/5

Dukascopy Europe

DE's educational materials are useful for beginners but limited in variety.

Pros

  1. Video tutorials on the basics.

Cons

  1. Lack of advanced materials.
  2. Seminars and webinars are not currently conducted.

FXTM

The broker's educational materials are of average quality with diverse content.

Pros

  1. Diversity of materials (videos, books).
  2. Useful for traders of different levels.

Cons

  1. Outdated webinars.
  2. Irrelevance of some materials.

Customer Support

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Customer Support: comparison of Dukascopy Europe, FXTM
BrokerDukascopy EuropeFXTM
Rating
4.5/5
3.5/5
Email Support
Hotline Phones
Social Media

Dukascopy Europe

The broker's technical support is of a high level with round-the-clock access.

Pros

  1. 24/7 support.
  2. Multiple communication channels (phone, chat, email).
  3. Positive feedback from traders.

Cons

  1. No messengers for communication with support.

FXTM

FXTM's customer support offers various channels of communication, but reviews about it are mixed.

Pros

  1. Variety of communication channels.
  2. There are positive customer reviews.

Cons

  1. Delays in responses.
  2. There are ambiguous customer reviews.

Comparisons of Dukascopy Europe and FXTM with other brokers

Conclusion

When choosing between FXTM and Dukascopy Europe, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: Dukascopy Europe or FXTM?

FXTM ranks higher than Dukascopy Europe in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: Dukascopy Europe or FXTM?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

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, 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.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.