Which broker is better for Uzbekistan traders in 2026? Expert analysis across 12 categories.
For Uzbekistan traders looking to enter the forex market, choosing between EasyMarkets and Dukascopy is a critical decision. Both brokers are well-established and accept clients from Uzbekistan, offering local deposit options like Bank Transfer, Skrill, Neteller, and USDT TRC20. EasyMarkets, with a 3.4/5 rating, is known for its user-friendly web platform and fixed spreads, making it ideal for retail traders in Tashkent or Samarkand who prefer simplicity. Dukascopy, rated 3.3/5, appeals to more experienced traders with its advanced JForex platform and direct market access. While neither broker is regulated by the local financial regulator, they operate under reputable international licenses. This comparison will help you decide which broker fits your trading style and local needs in Uzbekistan.
| Instrument | EasyMarkets | Dukascopy | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Dukascopy |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Dukascopy |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Dukascopy |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Dukascopy |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | Dukascopy |
When comparing trading costs for Uzbekistan traders, Dukascopy generally offers tighter spreads on major pairs like EUR/USD (from 0.3 pips) due to its ECN model, but charges a commission per trade. EasyMarkets uses fixed spreads (around 1.5 pips on EUR/USD) with no commission, making costs predictable. For a retail trader in Uzbekistan trading 1 lot per day, Dukascopy may be cheaper if you trade high volumes, while EasyMarkets is better for smaller, less frequent trades. Both brokers offer competitive costs for the Uzbek som conversion, though US dollar accounts are recommended to avoid extra conversion fees.
| Account Type | EasyMarkets | Dukascopy |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
| Entity / Asset | EasyMarkets | Dukascopy |
|---|---|---|
| Uzbekistan (offshore) | Up to 1:2000 | Up to 1:100 |
| Forex major pairs | 1:2000 | 1:100 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | EasyMarkets | Dukascopy | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | ✗ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Dukascopy |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Dukascopy |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides a proprietary web-based platform that is fully browser-based and requires no download, perfect for Uzbekistan traders with lower-end devices. It includes built-in risk management tools like dealCancellation and Freeze Rate. Dukascopy offers the advanced JForex platform (desktop, web, and mobile) with extensive charting, automated trading via Java API, and direct market depth. For retail traders in Uzbekistan who want simplicity, EasyMarkets wins; for those needing professional tools, Dukascopy is superior.
| Factor | EasyMarkets | Dukascopy | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Dukascopy |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Dukascopy offers superior execution quality with its ECN/STP model, providing direct market access and no requotes, ideal for scalping strategies. EasyMarkets uses a market maker model with fixed spreads, which may result in occasional requotes during volatile news events. For Uzbekistan traders who trade news or use scalping, Dukascopy is more reliable.
| Safety Factor | EasyMarkets | Dukascopy |
|---|---|---|
| Primary regulator | CySEC | FINMA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while Dukascopy is regulated by FINMA (Switzerland) and the FCA (UK). Neither broker is regulated by the local financial regulator in Uzbekistan, but both comply with international standards. This means Uzbekistan traders have access to segregated client funds and negative balance protection with both brokers. Dukascopy's Swiss regulation offers an extra layer of security due to Swiss banking laws. Always verify the broker's license before depositing funds.
| Payment Method | EasyMarkets | Dukascopy |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Cards 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 |
Both EasyMarkets and Dukascopy support Bank Transfer, Skrill, Neteller, and USDT TRC20 for Uzbekistan traders. EasyMarkets processes withdrawals within 24 hours and offers free deposits via most methods. Dukascopy has a minimum deposit of $100 (or equivalent in USDT) and charges a small fee for bank transfers. USDT TRC20 is particularly popular in Uzbekistan due to low fees and fast settlement (minutes). For Bank Transfer, expect 2-5 business days. Skrill and Neteller are instant but may have currency conversion fees if not in USD. Both brokers allow you to withdraw via the same method used for deposit.
| Islamic Account Feature | EasyMarkets | Dukascopy |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both EasyMarkets and Dukascopy offer Islamic (swap-free) accounts for Muslim traders in Uzbekistan who follow Sharia law. EasyMarkets provides swap-free accounts automatically upon request, with no swap charges on overnight positions for forex and metals. Dukascopy also offers Islamic accounts but requires a formal request and may limit the number of instruments available. No additional fees are charged by either broker for maintaining an Islamic account. This makes both brokers suitable for Uzbekistan's Muslim-majority population.
| Support Feature | EasyMarkets | Dukascopy | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers 24/5 live chat, email, and phone support in multiple languages, including Russian, which is widely spoken in Uzbekistan. Dukascopy provides 24/5 support via live chat and email, with Russian-speaking agents available. Both brokers respond within minutes, but EasyMarkets has a slight edge with faster live chat response times for retail clients in Uzbekistan.
| Mobile Feature | EasyMarkets | Dukascopy | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | Dukascopy | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Dukascopy if you...
For most retail traders in Uzbekistan, EasyMarkets is the better choice due to its higher rating (3.4/5), user-friendly platform, and fixed spreads that eliminate uncertainty. It also offers excellent support in Russian and seamless deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20. However, if you are an experienced trader who prioritizes low spreads and advanced tools, Dukascopy's ECN model and Swiss regulation are compelling. Both brokers are safe and legal for Uzbekistan clients, but EasyMarkets edges ahead for beginners and those valuing simplicity. Consider your trading volume and experience level before deciding.