HomeCompareFBS vs DukascopyUzbekistan
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Uzbekistan
Complete Head-to-Head Comparison · 2026

FBS vs Dukascopy: Which Broker is Better for Uzbekistan Traders in 2026?

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

FBS logo
FBS
CySEC · IFSC · FSCA · Founded 2009
Open Account
VS
Dukascopy logo
Dukascopy
FINMA · JFSA · FCMC · Founded 1998
Open Account
Winner: FBS
Categories: 12 compared
For: Uzbekistan traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Uzbekistan Traders

Best Overall
FBS
Higher overall score & more features
Best Spreads
Dukascopy
Lower trading costs for scalpers
Islamic Accounts
FBS
Swap-free for Uzbekistan Muslims
Best for Beginners
FBS
Better education & support
$5 vs $100
Min deposit
1:3000 vs 1:100
Max leverage
CySEC vs FINMA
Top regulator
3.7 vs 3.3
Our scores
Table of Contents

For Uzbekistan traders looking to enter the forex market in 2025, choosing between FBS and Dukascopy involves weighing accessibility, cost, and regulatory comfort. FBS, with a score of 3.7/5, is a well-known international broker that offers low minimum deposits, local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and Islamic accounts—making it highly suitable for retail traders in Uzbekistan. Dukascopy, scoring 3.3/5, is a Swiss-regulated broker known for its institutional-grade execution and transparency, but its higher entry barriers and limited local payment support can be challenging for Uzbek traders. Both brokers accept clients from Uzbekistan and operate under international regulations, though neither is directly licensed by the local financial regulator. This comparison focuses on the specific needs of Uzbek traders, including deposit methods, spreads, regulation, and account types, to help you decide which broker aligns better with your trading goals in Uzbekistan's growing retail forex market.

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Overall Scores Comparison

FBS
FBS
CySEC · IFSC · FSCA
3.7
CompareBroker score
Winner
VS
Dukascopy
Dukascopy
FINMA · JFSA · FCMC
3.3
CompareBroker score
Trading Costs
Spreads, commissions
3.8
WIN
3.4
Platforms
MT4, MT5, cTrader, TV
3.4
3.5
WIN
Regulation
Safety, oversight
3.2
3.6
WIN
Deposits
Local payments
3.8
WIN
3.4
Customer Support
24/5, chat, phone
3.5
WIN
3.1
Education
Webinars, guides
3.8
WIN
3.4
Execution
Speed, slippage
3.8
WIN
3.4
Mobile App
iOS, Android
3.7
WIN
3.3
💹

Trading Costs - Spreads & Commissions

InstrumentFBSDukascopyWinner
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$5$100Dukascopy

When comparing trading costs for Uzbekistan traders, FBS offers a clear advantage for retail accounts. FBS spreads start from 0.7 pips on the Standard account and from 0.1 pips on the Zero Spread account, with no commission on most account types. Dukascopy's spreads start from 0.4 pips but include a commission of $3 per lot per side, which adds up for frequent traders. For a typical Uzbek trader executing 10 standard lots per month, FBS's Zero Spread account costs around $10 in spreads, while Dukascopy would cost approximately $40 in spreads plus $60 in commissions. This makes FBS significantly cheaper for retail traders, while Dukascopy may appeal to high-volume traders who can negotiate lower commissions.

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Account Types Comparison

Account TypeFBSDukascopy
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$5$100
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Leverage Comparison - Uzbekistan Traders

Entity / AssetFBSDukascopy
Uzbekistan (offshore)Up to 1:3000Up to 1:100
Forex major pairs1:30001:100
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Uzbekistan Traders
Traders in Uzbekistan 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 ClassFBSDukascopyWinner
Forex pairs90+65+FBS
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesFBS
Crypto CFDs30+FBS
Stocks / Share CFDsDukascopy
ETFsTie
🖥️

Platforms Comparison

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

FBS offers MetaTrader 4 and MetaTrader 5, which are the most popular platforms among Uzbekistan traders due to their familiarity, custom indicators, and automated trading capabilities. These platforms are available on desktop, web, and mobile, making them accessible for traders in Tashkent and other cities. Dukascopy provides its proprietary JForex platform, which is powerful but has a steeper learning curve and less community support in Uzbekistan. For Uzbek traders who value ease of use and mobile trading, FBS's MT4/MT5 platforms are the better choice, while Dukascopy's platform suits traders who need advanced charting and direct market access.

Execution Quality - Speed & Slippage

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

Dukascopy is known for its institutional-grade execution, offering direct market access (DMA) and no requotes, with average execution speeds under 100 milliseconds. This is ideal for scalpers and high-frequency traders. FBS offers market execution with no requotes on most accounts, but execution speeds are slightly slower (around 200-300 milliseconds). For most retail traders in Uzbekistan, FBS's execution is more than adequate, while Dukascopy's superior execution only matters for high-volume or algorithmic traders who need the fastest fills.

🛡️

Regulation & Safety for Uzbekistan Traders

Safety FactorFBSDukascopy
Primary regulatorIFSCFINMA
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

FBS is regulated by the International Financial Services Commission (IFSC) of Belize and the Cyprus Securities and Exchange Commission (CySEC), providing a moderate level of regulatory oversight. Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA), one of the most stringent regulators globally, offering stronger client fund protection and transparency. For Uzbekistan traders, neither broker is directly supervised by the local financial regulator, but Dukascopy's Swiss regulation provides higher trust for those concerned about broker reliability. FBS's regulation is sufficient for most retail traders, but Uzbekistan traders should be aware of the lack of local regulatory backing and consider using smaller deposits initially.

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

Deposits & Withdrawals for Uzbekistan

Payment MethodFBSDukascopy
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeElectronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days.Internal transfers/wire/crypto no broker fee; standard bank transfer times apply

Depositing and withdrawing funds is a key consideration for Uzbekistan traders. FBS supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with instant processing for e-wallets and crypto. The minimum deposit is just $5, making it highly accessible. USDT TRC20 is particularly popular among Uzbek traders due to low fees and fast transfers. Withdrawals are processed within 24 hours for e-wallets and crypto, and within 1-3 business days for bank transfers. Dukascopy accepts Bank Transfer and Skrill, but does not support Neteller or USDT TRC20. Its minimum deposit is $100, which is a barrier for many retail traders. Withdrawals at Dukascopy are free but can take 1-3 business days for bank transfers. For Uzbekistan traders, FBS offers more convenience and lower entry costs with popular local payment methods.

☪️

Islamic Accounts - Swap-Free for Uzbekistan Muslims

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

Islamic (swap-free) accounts are important for Muslim traders in Uzbekistan who want to comply with Sharia law. FBS offers Islamic accounts on all account types, including Standard, Cent, and Zero Spread, with no swap fees on overnight positions. The application process is straightforward and can be done through the client portal. Dukascopy also offers Islamic accounts, but only upon request and with a higher minimum deposit of $500. Additionally, Dukascopy may charge administrative fees for holding positions overnight on Islamic accounts. For Uzbek Muslim traders, FBS is the more accessible and cost-effective option for swap-free trading, with lower barriers and no hidden fees.

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

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

FBS provides customer support in multiple languages, including Russian and Uzbek, via live chat, email, and phone. Support is available 24/7, which is convenient for traders in Uzbekistan's time zone (UTC+5). Dukascopy offers support in English, Russian, and other languages, but only during business hours (Monday to Friday, 9:00-18:00 CET). For Uzbek traders, FBS's round-the-clock support and native language options provide a better experience, especially for those who need assistance outside European trading hours.

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Mobile App Comparison

Mobile FeatureFBSDukascopyWinner
iOS App Store rating4.5 stars4.3 starsFBS
Google Play rating4.3 stars4.2 starsFBS
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
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Education & Research Tools

ResourceFBSDukascopyWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyMonthlyTie
Economic calendarTie
Market analysisDailyBasicFBS

Real User Reviews - Trustpilot

T
FBS
★★★★★
9.2K
9,222 verified reviews
View on Trustpilot
T
Dukascopy
★★★★★
0.8K
800 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FBS

Pros
+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? - Uzbekistan Guide

Choose FBS if you...

  • Are a retail trader with a low budget (minimum deposit $5).
  • Prefer using local payment methods like USDT TRC20, Skrill, or Neteller.
  • Need an Islamic account with no swap fees.
  • Want to trade on MetaTrader 4 or 5 with a user-friendly platform.

Choose Dukascopy if you...

  • Are a high-volume or institutional trader needing DMA execution.
  • Value Swiss regulation and maximum fund security.
  • Are comfortable with a higher minimum deposit ($100).
  • Need advanced charting and algorithmic trading tools.

FAQ - FBS vs Dukascopy in Uzbekistan

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

Final Verdict - Uzbekistan 2026

FBS wins overall

For the majority of retail traders in Uzbekistan, FBS is the recommended broker due to its lower costs, easy deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20, and accessible Islamic accounts. Its 3.7/5 score reflects strong suitability for the local market. Dukascopy, with a 3.3/5 score, is a premium choice for traders who prioritize Swiss regulation and execution quality, but its higher barriers and limited local payment support make it less practical for most Uzbek traders. Ultimately, FBS offers the best balance of affordability, convenience, and features for Uzbekistan's retail forex community, while Dukascopy is a niche option for experienced traders with higher capital and specific needs.

Open FBSOpen 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
FBS Winner3.7/5
Dukascopy 3.3/5
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