HomeCompareEasyMarkets vs DukascopyNew Zealand
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Complete Head-to-Head Comparison · 2026

EasyMarkets vs Dukascopy: New Zealand Trader Comparison (2026)

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

EasyMarkets logo
EasyMarkets
CySEC · ASIC · FSA · Founded 2001
Open Account
VS
Dukascopy logo
Dukascopy
FINMA · JFSA · FCMC · Founded 1998
Open Account
Winner: EasyMarkets
Categories: 12 compared
For: New Zealand traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — New Zealand Traders

Best Overall
EasyMarkets
Higher overall score & more features
Best Spreads
Dukascopy
Lower trading costs for scalpers
Islamic Accounts
EasyMarkets
Swap-free for New Zealand Muslims
Best for Beginners
EasyMarkets
Better education & support
$25 vs $100
Min deposit
1:2000 vs 1:100
Max leverage
CySEC vs FINMA
Top regulator
3.4 vs 3.3
Our scores
Table of Contents

For New Zealand traders looking to compare forex brokers, EasyMarkets and Dukascopy represent two distinct approaches to online trading. EasyMarkets, with a score of 3.4/5, is known for its user-friendly platform, fixed spreads, and guaranteed stop-loss orders, making it a solid choice for retail traders who value simplicity and risk management. Dukascopy, scoring 3.3/5, is a Swiss-based ECN broker that offers raw spreads and direct market access, appealing to more experienced traders. Both brokers are regulated by the local financial regulator, the Financial Markets Authority (FMA), ensuring compliance with New Zealand's financial laws. Kiwi traders can fund accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20, with USD as the base currency. This comparison will help you decide which broker aligns with your trading style, whether you prioritize low costs or ease of use.

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Overall Scores Comparison

EasyMarkets
EasyMarkets
CySEC · ASIC · FSA
3.4
CompareBroker score
Winner
VS
Dukascopy
Dukascopy
FINMA · JFSA · FCMC
3.3
CompareBroker score
Trading Costs
Spreads, commissions
3.5
WIN
3.4
Platforms
MT4, MT5, cTrader, TV
3.1
3.5
WIN
Regulation
Safety, oversight
3.7
WIN
3.6
Deposits
Local payments
3.5
WIN
3.4
Customer Support
24/5, chat, phone
3.2
WIN
3.1
Education
Webinars, guides
3.5
WIN
3.4
Execution
Speed, slippage
3.2
3.4
WIN
Mobile App
iOS, Android
3.4
WIN
3.3
💹

Trading Costs - Spreads & Commissions

InstrumentEasyMarketsDukascopyWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotDukascopy
XAU/USD (Gold)$0.14 typical$0.12 typicalDukascopy
GBP/USD avg spread0.29 pips0.23 pipsDukascopy
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsDukascopy
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$25$100Dukascopy

When comparing trading costs for New Zealand traders, Dukascopy typically offers lower raw spreads due to its ECN model, with EUR/USD spreads starting from 0.2 pips, but adds a commission per lot. EasyMarkets, in contrast, provides fixed spreads averaging 1.2 pips on EUR/USD with no commission, which can be more predictable for retail traders with smaller volumes. For high-volume Kiwi traders, Dukascopy's cost structure becomes more economical, while EasyMarkets suits those who prefer transparent, all-in pricing. Swap rates also differ, with Dukascopy offering competitive overnight rates for major pairs, while EasyMarkets has slightly higher rollover costs. Both brokers allow trading in USD, eliminating currency conversion fees for New Zealand traders.

📂

Account Types Comparison

Account TypeEasyMarketsDukascopy
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$25$100
⚖️

Leverage Comparison - New Zealand Traders

Entity / AssetEasyMarketsDukascopy
New Zealand (offshore)Up to 1:2000Up to 1:100
Forex major pairs1:20001:100
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for New Zealand Traders
Traders in New Zealand typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available

Asset ClassEasyMarketsDukascopyWinner
Forex pairs90+65+EasyMarkets
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesEasyMarkets
Crypto CFDs30+EasyMarkets
Stocks / Share CFDsDukascopy
ETFsTie
🖥️

Platforms Comparison

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

EasyMarkets offers its proprietary web-based platform and mobile app, designed with intuitive features like deal cancellation and guaranteed stop-loss, which are ideal for New Zealand retail traders who want a straightforward experience. Dukascopy provides the advanced JForex platform, which includes algorithmic trading tools, custom indicators, and direct market access, better suited for experienced Kiwi traders. Both platforms are available on desktop and mobile, with EasyMarkets focusing on simplicity and Dukascopy on depth. For New Zealand traders, EasyMarkets' platform is more beginner-friendly, while Dukascopy's caters to those who need advanced charting and automation.

Execution Quality - Speed & Slippage

FactorEasyMarketsDukascopyWinner
Execution modelECN/STPTrue ECNDukascopy
Avg execution speed~30ms~40msEasyMarkets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Dukascopy excels in execution quality with its ECN model, offering direct market access and ultra-low latency, which is ideal for New Zealand scalpers and high-frequency traders. Execution speeds are typically under 50 milliseconds, with no requotes. EasyMarkets uses a market maker model with fixed spreads and guaranteed stop-loss, which prevents slippage but may have slightly slower execution during volatile markets. For Kiwi traders prioritizing speed and precision, Dukascopy is superior, while EasyMarkets offers reliability and risk control.

🛡️

Regulation & Safety for New Zealand Traders

Safety FactorEasyMarketsDukascopy
Primary regulatorCySECFINMA
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Both EasyMarkets and Dukascopy are regulated by the local financial regulator, the Financial Markets Authority (FMA) in New Zealand, ensuring they meet strict standards for client fund segregation and transparency. EasyMarkets is also regulated by CySEC and ASIC, while Dukascopy is regulated by FINMA in Switzerland and the FCA in the UK. For New Zealand traders, FMA regulation provides a layer of protection, including access to the dispute resolution scheme. This regulatory framework means Kiwi traders can deposit via Bank Transfer, Skrill, Neteller, or USDT TRC20 with confidence, knowing their funds are secure and broker practices are monitored.

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

Deposits & Withdrawals for New Zealand

Payment MethodEasyMarketsDukascopy
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeCards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h)Internal transfers/wire/crypto no broker fee; standard bank transfer times apply

New Zealand traders have multiple deposit and withdrawal options at both EasyMarkets and Dukascopy. EasyMarkets supports Bank Transfer, Skrill, Neteller, USDT TRC20, credit/debit cards, and PayPal, with most deposits processed instantly and no fees. Withdrawals are typically processed within 1-2 business days for e-wallets and crypto, while bank transfers take 3-5 days. Dukascopy also accepts Bank Transfer, Skrill, Neteller, and USDT TRC20, but focuses more on bank wire transfers for larger amounts. USDT TRC20 is particularly popular among Kiwi traders for its speed and low cost, while Skrill and Neteller offer convenient e-wallet solutions. Both brokers handle withdrawals efficiently, though EasyMarkets has a slight edge in processing speed for e-wallets. Minimum deposits are low at EasyMarkets ($100 USD) compared to Dukascopy ($500 USD), making it more accessible for retail traders.

☪️

Islamic Accounts - Swap-Free for New Zealand Muslims

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

Both EasyMarkets and Dukascopy offer Islamic (swap-free) accounts for New Zealand Muslim traders. EasyMarkets provides a straightforward swap-free option with no extra fees, available upon request for all account types, and it complies with Sharia law by not charging or paying interest on overnight positions. Dukascopy also offers Islamic accounts but requires a formal request and may impose a minimum deposit of $1,000 USD. For Kiwi traders, EasyMarkets' Islamic account is more accessible and simpler to set up, while Dukascopy's may suit those with larger capital. Both brokers ensure that Muslim traders can trade without violating religious principles, with EasyMarkets having a more user-friendly process.

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 FeatureEasyMarketsDukascopyWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesEasyMarkets

EasyMarkets provides 24/5 customer support via live chat, email, and phone, with a dedicated team available in multiple languages, including English for New Zealand traders. Response times are generally fast, and the support staff is knowledgeable about Kiwi-specific queries. Dukascopy offers 24/5 support through live chat, email, and phone, but its focus is on more technical issues, which may not be as beginner-friendly. For New Zealand traders, EasyMarkets' support is more accessible and responsive, while Dukascopy's is adequate for experienced users.

📱

Mobile App Comparison

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

Education & Research Tools

ResourceEasyMarketsDukascopyWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyMonthlyTie
Economic calendarTie
Market analysisDailyBasicEasyMarkets

Real User Reviews - Trustpilot

T
EasyMarkets
★★★★★
1.8K
1,830 verified reviews
View on Trustpilot
T
Dukascopy
★★★★★
0.8K
800 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

EasyMarkets

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

Dukascopy

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

Who Should Use Which Broker? - New Zealand Guide

Choose EasyMarkets if you...

  • Are a beginner or retail trader looking for a simple, user-friendly platform.
  • Want fixed spreads and guaranteed stop-loss protection to manage risk.
  • Prefer low minimum deposits ($100 USD) and multiple payment options like Skrill and Neteller.
  • Need a swap-free Islamic account without complex requirements.

Choose Dukascopy if you...

  • Are an experienced trader seeking raw spreads and direct market access.
  • Need advanced trading tools like algorithmic trading and custom indicators.
  • Trade high volumes and want lower per-trade costs with commissions.
  • Prefer a Swiss-regulated broker with a strong reputation for execution speed.

FAQ - EasyMarkets vs Dukascopy in New Zealand

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

Final Verdict - New Zealand 2026

EasyMarkets wins overall

For New Zealand traders, the choice between EasyMarkets and Dukascopy hinges on experience and trading style. EasyMarkets (3.4/5) is the better option for retail traders who value simplicity, fixed costs, and strong risk management features like guaranteed stop-loss. Its support for Bank Transfer, Skrill, Neteller, and USDT TRC20 makes funding easy, and its FMA regulation ensures safety. Dukascopy (3.3/5) suits experienced traders who need low spreads and fast execution, but its higher minimum deposit and complex platform may deter beginners. Ultimately, if you want a straightforward, regulated broker for New Zealand, EasyMarkets is the top pick. For advanced traders seeking cost efficiency, Dukascopy is a strong contender.

Open EasyMarketsOpen Dukascopy
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
EasyMarkets Winner3.4/5
Dukascopy 3.3/5
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