Fusion Markets and Dukascopy are online Forex and CFD brokers that offer trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. Fusion Markets is regulated by one tier-1 jurisdictions, four tier-2 jurisdictions including ASIC, VFSC, and FSA -S..On the other hand, Dukascopy is regulated in two tier-1 jurisdictions including FINMA and JFSA. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare and contrast Fusion Markets with Dukascopy regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if Fusion Markets is better than Dukascopy and vice versa. This comparison lets you understand which broker is better for your trading style and preferences.
Fusion Markets
Fusion Markets is an Australian forex and CFD broker founded in 2017. It was established with the vision of providing low-cost services, modern technology, and friendly support. Fees are waived on Visa, MasterCard, and PayPal deposits, and US shares trading incurs a 0 broker fee. The broker is regulated by ASIC, VFSC, and FSA in Seychelles. Fusion Markets allows the trading of forex and CFDs on its cTrader, MT4, and MT5 platforms. Social traders can use DupliTrade, AutoTrade, or Fusion+ platforms. Additional services include free VPS, Market Buzz, analyst views, and more
- Founded In: 2017
- Minimum Deposit: $0
- Maximum Leverage: 500:1
- Regulations: ASIC, CySEC, SCB, and FSA
- Trading platform: MT4, MT5, Ctrader
- Account Types: Zero, Classic, Demo, Swap Free
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Cryptocurrency, Ether/Ethereum, Interac, Jeton, Local Bank Transfers, Neteller, OnlineNaira, Other Crypto Currencies, PayPal, PerfectMoney, SEPA (Single Euro Payments Area), Skrill, ThunderXPay
- US Traders: Not Accept
Dukascopy
Established in 2004, Dukascopy is a Swiss-based online forex broker with headquarters in Geneva, Switzerland, and international offices in Japan and Latvia. The broker has held a Swiss bank license since 2010. Dukascopy offers MT4, MT5, and its own proprietary trading platform named JForex. Regulated by FINMA (Switzerland) and JFSA (Japan), the broker is renowned for its advanced trading technology and transparent pricing model. Dukascopy supports various trading strategies like scalping, hedging, and news trading, and also provides PAMM accounts. Moreover, it offers a range of educational resources to assist traders in enhancing their skills.
Dukascopy Overview
- Founded In: 2004
- Minimum Deposit: $100
- Maximum Leverage: 200:1
- Regulations: FINMA
- Trading platform: MT4/MT5, JForex4
- Account Types:
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bank Gurantees, Credit/Debit Card, Cryptocurrency, Maestro, Neteller, Skrill
- US Traders: Not Accept
Fusion Markets vs Dukascopy: Side By Side Comparison
Fusion Markets vs: Dukascopy Features
Fusion Markets
- Trading Instruments: 250+Trading instruments Forex Metals Indices Energy & Soft Commodities Cryptocurrency US Share CFDs
- Maximum leverage: The maximum leverage of fusion markets is as high as 500:1. Leverage may vary based on jurisdiction and tradable assets.
- Minimum Deposit: No Minimum Deposit required. You may deposit as low as possible.
- Account Types: Two ( Zero Account, Classic Account)
- Trading Fees: Spread starting from 0.9 pips for Classic Account or Commission $2.25 per lot per side for Zero Account.
- PAMM/ MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Dukascopy
- Trading Instruments: 1200+ trading instruments including FOREX, ENERGY, CRYPTO, METALS, INDEXES, BONDS, STOCKS
- Maximum Leverage: The maximum leverage of Dukascopy is 200:1. However, leverage may vary based on equity, assets, jurisdiction, and account type
- Minimum Deposit: The minimum deposit of Dukascopy is $100
- Trading Fees: Trading fees (spreads and commissions) depend on account types. The minimum spread starts from 0.1 pips on EUR/USD. The standard fee is $0.5 per 1 MT4 lot ($5 per $1 million).
- Account Types: Two ( Live account, Demo Account)
- PAMM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Fusion Markets vs Dukascopy: Pros and Cons
Fusion Markets Pros & Cons
- Regulated by ASIC, VFSC, FSA
- The maximum leverage is as high as 1:500
- The minimum deposit is as low as $1
- Allows scalping, News trading, EA/Robot trading
- Offers passive investment programme ( MAM, Copy Trading)
- No Deposit withdrawal fees, and inactivity fees
- Fast and Easy Account Opening
- Negative balance protection for users under ASIC regulations
- Paypal and crypto deposits are available
- Not regulated by FCA, CySEC
- No investor protection for non-EU clients
- Limited availability of localized customer support
- Only CFDs are offered. No possibility of trading real stocks, or assets
- Limited product selections
Dukascopy Pros & Cons
- Regulated by FINMA and JFSA.
- Allows hedging, scalping, EA trading, and news trading.
- Offers a variety of trading platforms including MT4, MT5, and Jforex.
- Provides over 1200 trading instruments including forex, cryptos, and CFDs.
- Dukascopy Bank provides banking services, bonuses, and trading contests for its traders.
- Swiss Bank deposit protection up to CHF 100,000 per client.
- Low spreads starting from 0.1 pips on EUR/USD.
- Maximum leverage is as high as 200:1.
- Demo accounts are available.
- Islamic accounts are offered.
- Wide range of trading orders: MIT, limit orders, OCO, and TP/SL orders
- Minimum deposit $100 is high for beginner
- Limited top tier regulations ( NO FCA, CySEC Regulation)
- Higher Trading Commission for Islamic Traders
- Charges inactivity fees
- Limited Educatinal Tools and Resources.
Fusion Markets Vs Dukascopy: Our Scores and Ratings
We rated both brokers, Fusion Markets and Dukascopy, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
Fusion Markets:
Dukascopy
Final Verdict :
Fusion Markets and Dukascopy are regulated forex and CFD brokers in the industry. They offer similar trading services including forex and CFD trading. They both allow scalping, hedging, EA trading and Copy trading. Neither of these brokers accept US Clients. The minimum order size for both of them is 0.01.
However, there are a few areas where you may find some differences. For example, the minimum deposit for Fusion Markets is $1, whereas the minimum deposit for Dukascopy is $100. Additionally, the maximum leverage for the Fusion Markets is 500:1. On the other hand, the maximum leverage for Dukascopy is 200:1.
Our score for Fusion Markets is 9.2, and for Dukascopy, it is 8.2 So, if you are looking for the most trusted forex brokers with tight spreads, you may choose Fusion Markets. However, If you prefer another broker with similar services, you may choose Dukascopy.
