HomeCompareDukascopy vs TickmillSweden
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Sweden
Complete Head-to-Head Comparison · 2026

Dukascopy vs Tickmill for Sweden Traders in 2026

Which broker is better for Sweden traders in 2026? Expert analysis across 12 categories.

Dukascopy logo
Dukascopy
FINMA · JFSA · FCMC · Founded 1998
Open Account
VS
Tickmill logo
Tickmill
FCA · CySEC · FSCA · Founded 2014
Open Account
Winner: Tied
Categories: 12 compared
For: Sweden traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Sweden Traders

Best Overall
Dukascopy & Tickmill
Higher overall score & more features
Best Spreads
Tickmill
Lower trading costs for scalpers
Islamic Accounts
Tickmill
Swap-free for Sweden Muslims
Best for Beginners
Dukascopy
Better education & support
$100 vs $100
Min deposit
1:100 vs 1:1000
Max leverage
FINMA vs FCA
Top regulator
3.3 vs 3.3
Our scores
Table of Contents

Dukascopy and Tickmill are two very different brokers that attract retail traders in Sweden for distinct reasons. Dukascopy, known for its Swiss-engineered JDX platform and interbank liquidity, appeals to traders who want depth of market and a bank-grade trading environment. Tickmill, on the other hand, ranks higher overall for Swedish retail traders with its transparent pricing, flexible account types, and strong regulatory framework. Both brokers are active in Sweden and accept deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20, which makes funding straightforward. The Swedish financial regulator (Finansinspektionen) does not directly approve either firm for local marketing, so traders rely on EU-level regulations and each broker's existing licenses. This means you need to look closely at the parent entities: Dukascopy is regulated by FINMA in Switzerland, while Tickmill operates through FCA and CySEC licensed entities. For Sweden traders planning to deposit USD, keep in mind that spread costs, swap fees, and withdrawal speed vary significantly between the two. Dukascopy has a reputation for high minimums, while Tickmill is built for smaller retail accounts. In this comparison, we break down costs, platforms, regulation, deposits, and support to help Sweden traders decide which broker fits their style in 2026.

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Overall Scores Comparison

Dukascopy
Dukascopy
FINMA · JFSA · FCMC
3.3
CompareBroker score
Winner
VS
Tickmill
Tickmill
FCA · CySEC · FSCA
3.3
CompareBroker score
Trading Costs
Spreads, commissions
3.4
Tie
3.4
Platforms
MT4, MT5, cTrader, TV
3.5
WIN
3.0
Regulation
Safety, oversight
3.6
Tie
3.6
Deposits
Local payments
3.4
Tie
3.4
Customer Support
24/5, chat, phone
3.1
Tie
3.1
Education
Webinars, guides
3.4
WIN
3.0
Execution
Speed, slippage
3.4
Tie
3.4
Mobile App
iOS, Android
3.3
Tie
3.3
💹

Trading Costs - Spreads & Commissions

InstrumentDukascopyTickmillWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotTickmill
XAU/USD (Gold)$0.14 typical$0.12 typicalTickmill
GBP/USD avg spread0.29 pips0.23 pipsTickmill
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsTickmill
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$100Tie

When comparing trading costs for Sweden retail traders, Tickmill is more cost-effective. On Tickmill's Raw Spread account, EUR/USD spreads start from 0.0 pips and the commission is $3.50 per side per lot, bringing total cost to around 0.2 pips all-in. Dukascopy's classic account offers variable spreads that can average 0.2–0.4 pips on EUR/USD, but the overall cost depends on the JDX execution model and volume tiers. For Sweden traders trading less than 1 standard lot per day, Tickmill's flat fee structure is far easier to budget. Dukascopy's pricing becomes competitive only at volumes above 10 million USD per month, which is irrelevant for most retail traders. On the Standard account, Tickmill adds a small spread markup but no commission, which suits beginner retail traders in Sweden. Swedish traders using Bank Transfer or Skrill will also appreciate that Tickmill does not charge deposit fees, while Dukascopy may apply banking fees depending on the payment route.

📂

Account Types Comparison

Account TypeDukascopyTickmill
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$100$100
⚖️

Leverage Comparison - Sweden Traders

Entity / AssetDukascopyTickmill
Sweden (offshore)Up to 1:100Up to 1:1000
Forex major pairs1:1001:1000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Sweden Traders
Traders in Sweden typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassDukascopyTickmillWinner
Forex pairs90+65+Dukascopy
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesDukascopy
Crypto CFDsDukascopy
Stocks / Share CFDsTickmill
ETFsTie
🖥️

Platforms Comparison

PlatformDukascopyTickmill
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

Dukascopy offers its proprietary JDX platform alongside JForex, a Java-based platform designed for professional market analysis and algorithmic trading. Swedish traders who need advanced order types, depth-of-market, and custom charting will appreciate JDX, but the learning curve is steep. Tickmill uses MetaTrader 4 and MetaTrader 5, which remain the most popular platforms among Sweden retail traders. MT4 and MT5 provide fast execution, one-click trading, and full automation via Expert Advisors, making them a better fit for most local traders. Tickmill also supports web and mobile versions of MT4/MT5, ideal for traders on the go in Stockholm or Gothenburg. Dukascopy's mobile app has improved, but still lacks the plug-in ecosystem of MetaTrader. For Sweden traders migrating from other brokers, choosing Tickmill means no need to learn a new platform. If you require advanced order flow analytics, Dukascopy's JDX provides a level of depth not available on MT4 or MT5.

Execution Quality - Speed & Slippage

FactorDukascopyTickmillWinner
Execution modelECN/STPTrue ECNTickmill
Avg execution speed~30ms~40msDukascopy
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Tickmill uses a straight-through-processing (STP) execution model with no dealing desk, offering typical execution speeds of under 50 milliseconds and no requotes. Dukascopy operates a true ECN broker model with liquidity from major banks, which gives depth-of-market transparency but can result in variable slippage during high-impact news. For Sweden retail traders focused on scalping or EAs, Tickmill's low-latency execution and no minimum distance rules are more reliable. Dukascopy may offer lower spreads on large volumes, but its execution model is better suited to institutional traders. Overall, Tickmill provides more consistent execution quality for retail accounts.

🛡️

Regulation & Safety for Sweden Traders

Safety FactorDukascopyTickmill
Primary regulatorFINMAFCA
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Regulation is a decisive factor for Sweden traders. Tickmill is regulated in the EU through its CySEC-licensed entity and also holds an FCA license in the UK, giving Swedish clients access to Tier-1 oversight and negative balance protection. While Sweden's local financial regulator, Finansinspektionen, does not directly license Tickmill for Swedish clients, the broker's EU passport allows it to serve retail traders across the EEA. Dukascopy operates from Switzerland under FINMA regulation, which is not an EU/EEA regulator. This means Sweden traders using Dukascopy may not receive the same investor compensation as they would with an EU-regulated broker, and leverage limits follow Swiss rules. For Swedish retail traders, Tickmill's EU-regulated status offers greater legal certainty, particularly for funds stored in segregated accounts and protection under the Investor Compensation Fund in Cyprus. Dukascopy, by contrast, provides Swiss banking transparency and deposit security, but with limited local recourse for Swedish clients.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Sweden traders may differ by entity.
💳

Deposits & Withdrawals for Sweden

Payment MethodDukascopyTickmill
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeInternal transfers/wire/crypto no broker fee; standard bank transfer times applyMost withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days.

Sweden traders can deposit at both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20. With Tickmill, bank transfers are free in USD and typically take 1–3 business days, while Skrill and Neteller deposits are instant and also free. USDT TRC20 deposits via supported asset providers are processed with a network fee that is low and often credited within minutes. Tickmill withdrawals are processed within 24 hours on average, and Skrill/Neteller payouts usually arrive instantly. Dukascopy also supports the same methods, but bank withdrawal fees are higher and processing can take 2–5 business days. For Sweden traders using USDT TRC20, Dukascopy's crypto deposits go through its digital asset gateway and may require a manual verification step. Both brokers operate in USD, so Swedish kronor (SEK) will be converted using their internal exchange rates. For the fastest and lowest-cost funding, Tickmill is the better option for Skrill and Neteller users, while Bank Transfer is reliable at both brokers. Always confirm the withdrawal method matches your original deposit method to satisfy anti-money laundering rules.

☪️

Islamic Accounts - Swap-Free for Sweden Muslims

Islamic Account FeatureDukascopyTickmill
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Both Dukascopy and Tickmill cater to Muslim traders in Sweden by offering swap-free Islamic accounts. Tickmill provides Islamic accounts on both Standard and Raw Spread accounts without any additional fees, and the swap-free status can be requested directly from the client portal. Dukascopy also offers Islamic account options, but Sweden traders must submit a request and provide documentation confirming that the account is used in compliance with Sharia law. There may also be an administrative fee applied by Dukascopy depending on the account type. Tickmill's Islamic accounts do not include hidden charges for holding positions overnight, though some instruments may have a small administrative charge after a certain holding period. For Sweden-based Muslim traders who prefer high-frequency trading, Tickmill's transparent swap-free terms make it a more convenient choice.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureDukascopyTickmillWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesDukascopy

Dukascopy offers 24/5 multilingual support in English, Swedish, and other languages, with direct phone lines and a local Swedish email contact. Tickmill also provides 24/5 support with live chat, email, and phone, and Swedish-speaking agents are available during business hours. For Sweden traders, the speed of response is generally faster at Tickmill, especially on live chat, which answers in under a minute. Dukascopy's support is more formal and often requires a ticket for account-related issues. Swedish traders who prefer quick answers will find Tickmill's live chat and FAQ section more practical.

📱

Mobile App Comparison

Mobile FeatureDukascopyTickmillWinner
iOS App Store rating4.5 stars4.3 starsDukascopy
Google Play rating4.3 stars4.2 starsDukascopy
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceDukascopyTickmillWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyDukascopy
Economic calendarTie
Market analysisDailyBasicDukascopy

Real User Reviews - Trustpilot

T
Dukascopy
★★★★★
0.8K
800 verified reviews
View on Trustpilot
T
Tickmill
★★★★★
1.1K
1,080 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Dukascopy

Pros
+Top-tier regulated
Cons
-No TradingView
-No 24/7 support

Tickmill

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Sweden Guide

Choose Dukascopy if you...

  • Want bank-grade security through a Swiss-regulated broker with FINMA oversight
  • Need depth-of-market liquidity and advanced order flow tools on JDX
  • Trade high volumes per month where Dukascopy's interbank pricing becomes competitive
  • Prefer a Swiss banking heritage and are comfortable with higher minimum deposits

Choose Tickmill if you...

  • Are a Swedish retail trader looking for low spreads and low minimum deposit
  • Want to use MT4/MT5 with fully automated trading and EAs
  • Prefer EU-regulated protection with FCA/CySEC and negative balance safety
  • Deposit quickly using Skrill, Neteller, or USDT TRC20 without extra fees

FAQ - Dukascopy vs Tickmill in Sweden

Is Dukascopy or Tickmill better for Sweden? +
Can Sweden traders use both brokers legally? +
Which broker has lower spreads for Sweden traders? +
How do Sweden traders deposit at Dukascopy and Tickmill? +
Do both brokers offer Islamic accounts for Sweden? +

Final Verdict - Sweden 2026

Dukascopy & Tickmill tied wins overall

For Sweden traders, the choice between Dukascopy and Tickmill comes down to priorities. Tickmill wins on overall rating, lower spreads, simpler platforms, and better EU-level protection through FCA/CySEC. It also makes life easier for local retail clients with fast Skrill, Neteller, and USDT TRC20 deposits and minimal fees. Dukascopy, although rated lower at 3.3, offers Swiss banking reliability and institutional-grade tools that some advanced traders in Sweden may value. However, the higher minimum deposits and limited local supervision under Finansinspektionen make Dukascopy less suitable for most retail traders. If you are a Swedish trader in 2026 looking for a balanced, cost-effective, and well-regulated experience, Tickmill is the stronger recommendation. For those who prioritize transparency and bank-grade infrastructure over cost, Dukascopy remains a viable but niche alternative.

Open DukascopyOpen Tickmill
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
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Score Summary
Dukascopy 3.3/5
Tickmill 3.3/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.