Comparison of Dukascopy Bank SA and Interactive Brokers
| Feature | Dukascopy Bank SA | Interactive Brokers |
|---|---|---|
| Broker | ||
| Year Founded | 2010 | 1977 |
| Broker Type | ECN | DMA |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | FINMA | SEC, FINRA, FCA, CBI, CIRO, ASIC, SFC, SEBI, JFSA, MAS |
| Platforms | JForex 4, MetaTrader 4 (MT4), MetaTrader 5 (MT5), SWFX Trader | Trader Workstation (TWS), IBKR Mobile, Client Portal, IBKR GlobalTrader, FXTrader |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:200 | 1:50 |
| Minimum Deposit | $1000 | $1 |
| Base Currencies | USD, EUR, GBP, CHF, PLN, AUD, CAD, CNH, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, RON, RUB, SEK, SGD, TRY, ZAR, XAU | USD, EUR, GBP, AUD, CAD, CHF, JPY, HKD, SGD, SEK, NOK, DKK, NZD, PLN, HUF, CZK, MXN, ZAR, TRY, ILS, KRW, CNH, AED, SAR, MYR, TWD |
| Funding Methods | Bank Wire, SEPA, Credit/Debit Card, Skrill, Neteller, Apple Pay, Cryptocurrencies (BTC, ETH, USDT) | Bank Wire, ACH, SEPA/Bank Transfer, Check, Wise/Instarem, Online Bill Pay |
| Inactivity Fee | CHF 500 after 12 months of inactivity | ✖ |
| Interest on Margin | ✖ | ✔ |
| Withdrawal Fee | Variable (e.g. $20 via bank wire or 2.5% via card/ewallet) | First withdrawal each month free; subsequent bank wires ~ $10 |
| Investor Protection | Deposit insurance | SIPC, FSCS, ICS |
| Protection Size | CHF 100,000 | $500 000 / £85 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✖ |
| VPS | ✔ | ✖ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Forex, Shares, Indices, Commodities, ETFs, Bonds, Cryptocurrencies | Stocks, ETFs, Options, Futures, Forex, Bonds, Mutual Funds, Cryptocurrencies, Commodities, CFDs |
| Review | Dukascopy Bank SA Review | Interactive Brokers Review |
About Dukascopy Bank SA
Dukascopy is a Geneva-based Swiss bank and multi-asset broker founded in 2004. Operating the SWFX ECN marketplace, it delivers deep liquidity, spreads from 0.1 pips and leverage up to 1:200 across 1,000+ instruments. Regulated by FINMA in Switzerland, the broker secures client funds in segregated accounts and extends negative-balance protection. Traders can access JForex 4, MT4/5 and web/mobile platforms, plus PAMM copy-trading, VPS hosting and swap-free Islamic accounts.
Pros
- Swiss banking licence and FINMA oversight
- Ultra-tight ECN spreads from 0.1 pips with transparent commissions
- 1,000+ CFDs plus FX, crypto and binary options
- JForex 4 platform with advanced algo trading and integrated VPS
- Swap-free accounts, PAMM and monthly trading contests
Cons
- High minimum deposit
- No FCA/CySEC compensation scheme for EU/UK residents
- Inactivity fee and platform complexity may deter beginners
About Interactive Brokers
Interactive Brokers (IBKR) is a global multi-asset broker founded in 1977. Regulated on four continents, IBKR offers direct market access to 150+ exchanges in 33 countries, tight pricing on FX, and some of the lowest commissions in the industry. Clients trade via the powerful Trader Workstation, streamlined Client Portal, or mobile apps, choose from 20+ base currencies, and benefit from SIPC/FSCS investor protection and ESMA-mandated negative balance protection for CFDs.
Pros
- Tier-1 regulation in the US, UK, EU, Canada, Australia, Asia
- Access to 150+ markets across 33 countries and 26 currencies
- Ultra-low spreads and volume-based commissions
- Advanced Trader Workstation plus simple mobile & web platforms
- No minimum deposit for cash accounts and no inactivity fee
- Negative balance protection for EU retail CFD traders
Cons
- Minimum FX order size ~ 20 000 units limits small accounts
- Trader Workstation has a steep learning curve
- No credit/debit-card funding options
- Customer support is not 24/7
Dukascopy Bank SA & Interactive Brokers Regulation
| Feature | Dukascopy Bank SA | Interactive Brokers |
|---|---|---|
Companies | Dukascopy Bank SA | Interactive Brokers LLC, Interactive Brokers (U.K.) Ltd, Interactive Brokers Ireland Ltd, Interactive Brokers Canada Inc., Interactive Brokers Australia Pty Ltd, Interactive Brokers Hong Kong Ltd, Interactive Brokers India Pvt. Ltd, Interactive Brokers Securities Japan Inc, Interactive Brokers Singapore Pte. Ltd |
Countries | Switzerland | United States, United Kingdom, Ireland, Canada, Australia |
Regulators | FINMA | SEC, FINRA, FCA, CBI, CIRO, ASIC, SFC, SEBI, JFSA, MAS |
Investor Protection | Deposit insurance | SIPC, FSCS, ICS |
Investor Protection Size | CHF 100,000 | $500 000 / £85 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Dukascopy Bank SA
Dukascopy Bank SA
Interactive Brokers
Interactive Brokers LLC, Interactive Brokers (U.K.) Ltd, Interactive Brokers Ireland Ltd, Interactive Brokers Canada Inc., Interactive Brokers Australia Pty Ltd, Interactive Brokers Hong Kong Ltd, Interactive Brokers India Pvt. Ltd, Interactive Brokers Securities Japan Inc, Interactive Brokers Singapore Pte. Ltd
Countries
Dukascopy Bank SA
Switzerland
Interactive Brokers
United States, United Kingdom, Ireland, Canada, Australia
Regulators
Dukascopy Bank SA
FINMA
Interactive Brokers
SEC, FINRA, FCA, CBI, CIRO, ASIC, SFC, SEBI, JFSA, MAS
Investor Protection
Dukascopy Bank SA
Deposit insurance
Interactive Brokers
SIPC, FSCS, ICS
Investor Protection Size
Dukascopy Bank SA
CHF 100,000
Interactive Brokers
$500 000 / £85 000
Publicly Traded
Dukascopy Bank SA
Interactive Brokers
Segregated Accounts
Dukascopy Bank SA
Interactive Brokers
Guaranteed Stop Loss
Dukascopy Bank SA
Interactive Brokers
Negative Balance Protection
Dukascopy Bank SA
Interactive Brokers
Account Types
| Account | Dukascopy Bank SA | Interactive Brokers |
|---|---|---|
ECN Account | ||
| Account Name | ECN | — |
| Min Deposit | $1000 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.1 | — |
| Fee | $7 per 1 lot | — |
| Max Leverage | 1:200 | — |
| Stop Out | 50% | — |
| Margin Call | 100% | — |
DMA Account | ||
| Account Name | — | IBKR Pro |
| Min Deposit | — | $0 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.1 |
| Fee | — | $4 per 1 lot |
| Max Leverage | — | 1:50 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Binary | — |
| Minimum Deposit | $1000 | — |
| Option Types | Up/Down, Touch | — |
| Minimum Stake | $1 | — |
| Payout | from 70% to 90% | — |
| Expiration Time | from 5 minutes to 24 hours | — |
ECN Account
Account Name
Dukascopy Bank SA
ECN
Interactive Brokers
—
Min Deposit
Dukascopy Bank SA
$1000
Interactive Brokers
—
Lot Size
Dukascopy Bank SA
0.01
Interactive Brokers
—
Spread Type
Dukascopy Bank SA
Floating
Interactive Brokers
—
Execution
Dukascopy Bank SA
Market
Interactive Brokers
—
Min Spread
Dukascopy Bank SA
0.1
Interactive Brokers
—
Fee
Dukascopy Bank SA
$7 per 1 lot
Interactive Brokers
—
Max Leverage
Dukascopy Bank SA
1:200
Interactive Brokers
—
Stop Out
Dukascopy Bank SA
50%
Interactive Brokers
—
Margin Call
Dukascopy Bank SA
100%
Interactive Brokers
—
DMA Account
Account Name
Dukascopy Bank SA
—
Interactive Brokers
IBKR Pro
Min Deposit
Dukascopy Bank SA
—
Interactive Brokers
$0
Lot Size
Dukascopy Bank SA
—
Interactive Brokers
0.01
Spread Type
Dukascopy Bank SA
—
Interactive Brokers
Floating
Execution
Dukascopy Bank SA
—
Interactive Brokers
Market
Min Spread
Dukascopy Bank SA
—
Interactive Brokers
0.1
Fee
Dukascopy Bank SA
—
Interactive Brokers
$4 per 1 lot
Max Leverage
Dukascopy Bank SA
—
Interactive Brokers
1:50
Stop Out
Dukascopy Bank SA
—
Interactive Brokers
50%
Margin Call
Dukascopy Bank SA
—
Interactive Brokers
100%
Additional Features
Demo Account
Dukascopy Bank SA
Interactive Brokers
VIP Account
Dukascopy Bank SA
Interactive Brokers
Swap-Free Account
Dukascopy Bank SA
Interactive Brokers
Copy Trading
Dukascopy Bank SA
Interactive Brokers
VPS
Dukascopy Bank SA
Interactive Brokers
PAMM/MAM Accounts
Dukascopy Bank SA
Interactive Brokers
Binary Options
Account
Dukascopy Bank SA
Binary
Interactive Brokers
—
Minimum Deposit
Dukascopy Bank SA
$1000
Interactive Brokers
—
Option Types
Dukascopy Bank SA
Up/Down, Touch
Interactive Brokers
—
Minimum Stake
Dukascopy Bank SA
$1
Interactive Brokers
—
Payout
Dukascopy Bank SA
from 70% to 90%
Interactive Brokers
—
Expiration Time
Dukascopy Bank SA
from 5 minutes to 24 hours
Interactive Brokers
—
Funding and Fees
| Feature | Dukascopy Bank SA | Interactive Brokers |
|---|---|---|
Base currencies | USD, EUR, GBP, CHF, PLN, AUD, CAD, CNH, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, RON, RUB, SEK, SGD, TRY, ZAR, XAU | USD, EUR, GBP, AUD, CAD, CHF, JPY, HKD, SGD, SEK, NOK, DKK, NZD, PLN, HUF, CZK, MXN, ZAR, TRY, ILS, KRW, CNH, AED, SAR, MYR, TWD |
Deposit and withdrawal methods | Bank Wire, SEPA, Credit/Debit Card, Skrill, Neteller, Apple Pay, Cryptocurrencies (BTC, ETH, USDT) | Bank Wire, ACH, SEPA/Bank Transfer, Check, Wise/Instarem, Online Bill Pay |
Inactivity fee | CHF 500 after 12 months of inactivity | |
Interest on margin | ||
Withdrawal fee | Variable (e.g. $20 via bank wire or 2.5% via card/ewallet) | First withdrawal each month free; subsequent bank wires ~ $10 |
Base currencies
Dukascopy Bank SA
USD, EUR, GBP, CHF, PLN, AUD, CAD, CNH, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, RON, RUB, SEK, SGD, TRY, ZAR, XAU
Interactive Brokers
USD, EUR, GBP, AUD, CAD, CHF, JPY, HKD, SGD, SEK, NOK, DKK, NZD, PLN, HUF, CZK, MXN, ZAR, TRY, ILS, KRW, CNH, AED, SAR, MYR, TWD
Deposit and withdrawal methods
Dukascopy Bank SA
Bank Wire, SEPA, Credit/Debit Card, Skrill, Neteller, Apple Pay, Cryptocurrencies (BTC, ETH, USDT)
Interactive Brokers
Bank Wire, ACH, SEPA/Bank Transfer, Check, Wise/Instarem, Online Bill Pay
Inactivity fee
Dukascopy Bank SA
CHF 500 after 12 months of inactivity
Interactive Brokers
Interest on margin
Dukascopy Bank SA
Interactive Brokers
Withdrawal fee
Dukascopy Bank SA
Variable (e.g. $20 via bank wire or 2.5% via card/ewallet)
Interactive Brokers
First withdrawal each month free; subsequent bank wires ~ $10
Trading Platforms and Conditions
| Feature | Dukascopy Bank SA | Interactive Brokers |
|---|---|---|
Trading Platforms | JForex 4, MetaTrader 4 (MT4), MetaTrader 5 (MT5), SWFX Trader | Trader Workstation (TWS), IBKR Mobile, Client Portal, IBKR GlobalTrader, FXTrader |
Execution Speed | 10 ms | 4 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Dukascopy Bank SA
JForex 4, MetaTrader 4 (MT4), MetaTrader 5 (MT5), SWFX Trader
Interactive Brokers
Trader Workstation (TWS), IBKR Mobile, Client Portal, IBKR GlobalTrader, FXTrader
Execution Speed
Dukascopy Bank SA
10 ms
Interactive Brokers
4 ms
Scalping
Dukascopy Bank SA
Interactive Brokers
Expert Advisors (EAs)
Dukascopy Bank SA
Interactive Brokers
Depth of Market (DOM)
Dukascopy Bank SA
Interactive Brokers
Spread
Dukascopy Bank SA
low
Interactive Brokers
low
Trading Assets
| Asset | Dukascopy Bank SA | Interactive Brokers |
|---|---|---|
Currencies | 60 | 87 |
Indices | 20 | 23 |
Stocks | 1081 | 8139 |
Cryptocurrencies | 18 | 11 |
Bonds | 3 | 87 |
Metals | 5 | 4 |
Energies | 4 | 10 |
Soft Commodities | 6 | 15 |
ETFs | 51 | 532 |
Currencies
Dukascopy Bank SA
60
Interactive Brokers
87
Indices
Dukascopy Bank SA
20
Interactive Brokers
23
Stocks
Dukascopy Bank SA
1081
Interactive Brokers
8139
Cryptocurrencies
Dukascopy Bank SA
18
Interactive Brokers
11
Bonds
Dukascopy Bank SA
3
Interactive Brokers
87
Metals
Dukascopy Bank SA
5
Interactive Brokers
4
Energies
Dukascopy Bank SA
4
Interactive Brokers
10
Soft Commodities
Dukascopy Bank SA
6
Interactive Brokers
15
ETFs
Dukascopy Bank SA
51
Interactive Brokers
532
Education and Analytics
| Feature | Dukascopy Bank SA | Interactive Brokers |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Dukascopy Bank SA
Interactive Brokers
Indicators
Dukascopy Bank SA
Interactive Brokers
Robots
Dukascopy Bank SA
Interactive Brokers
Signals
Dukascopy Bank SA
Interactive Brokers
Autochartist
Dukascopy Bank SA
Interactive Brokers
Expert Analytics
Dukascopy Bank SA
Interactive Brokers
News Feed
Dukascopy Bank SA
Interactive Brokers
Education Articles
Dukascopy Bank SA
Interactive Brokers
Webinars
Dukascopy Bank SA
Interactive Brokers
Seminars
Dukascopy Bank SA
Interactive Brokers
Contests
| Feature | Dukascopy Bank SA | Interactive Brokers |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List |
| — |
| Live Contests | ||
| Is available | ||
| Contests List |
| — |
Demo Contests
Is available
Dukascopy Bank SA
Interactive Brokers
Contests List
Dukascopy Bank SA
- Strategy ContestStart Balance: $100000 · Prize Pool: $5000 · Period: MonthlyLearn More
Interactive Brokers
—
Live Contests
Is available
Dukascopy Bank SA
Interactive Brokers
Contests List
Dukascopy Bank SA
- Live Trader ContestStart Balance: $1-$10000 · Prize Pool: $1500 · Period: WeeklyLearn More
Interactive Brokers
—
Customer Support
| Contact | Dukascopy Bank SA | Interactive Brokers |
|---|---|---|
Email | support@dukascopy.com | help@interactivebrokers.com |
Phone | +41227994848 | +18774422757 |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter |
Email
Dukascopy Bank SA
Interactive Brokers
Phone
Dukascopy Bank SA
Interactive Brokers
Instagram
Dukascopy Bank SA
—
Interactive Brokers
Which Broker is Better?
After comparing Dukascopy Bank SA and Interactive Brokers, Dukascopy Bank SA comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Dukascopy Bank SA Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.