Alpari vs Dukascopy Bank SA Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Alpari and Dukascopy Bank SA
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Rating | 4.1/5 | 4.2/5 |
| Foundation Year | 1998 | 2010 |
| Regulated in Countries | Comoros, Belarus | Switzerland |
| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:3000 | 1:200 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Alpari Review | Dukascopy Bank SA Review |
Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.
Dukascopy Bank SA is suitable for traders looking for a reliable partner with a wide range of services and secure tools for trading in financial markets.
Alpari Review
Alpari has established itself as a stable and reliable broker, providing its services on Forex for over 20 years. The broker is widely popular among professional traders due to its wide range of trading accounts and instruments and convenient and practical services for investing—PAMM accounts and portfolios. Beginning traders will find quality support, training courses, and favorable trading conditions at Alpari.
Overall, Alpari is an excellent choice for beginners and professional traders.
Pros and Cons of Alpari
Pros
- A wide range of trading accounts.
- Flexible conditions for depositing and withdrawing funds.
- Diversity of trading platforms.
Cons
- Licensing in the Comoros does not provide the same level of investor protection as in countries with stricter regulators.
- Fees for fund withdrawal and inactivity charges.
- Limited choice in terms of different asset classes.
Alpari is in the top 10 of the following ratings:
Dukascopy Bank SA Review
Dukascopy Bank SA is a broker with a long history and a good reputation. The company provides its clients with a wide range of services and products for trading in international financial markets. The broker has reliable trading tools, including modern trading platforms and access to liquidity from its bank. In addition, Dukascopy Bank SA ensures a high level of security and confidentiality of its clients' data, making it one of the most reliable brokers in the market. Dukascopy Bank SA is an attractive option for traders looking for a reliable partner for successful trading in the financial markets.
Pros and Cons of Dukascopy Bank SA
Pros
- Wide range of trading assets.
- High-quality trading platforms.
- Quality technical support.
- Diverse analytical tools.
Cons
- Fees for deposit and withdrawal.
- Insufficient educational materials.
Dukascopy Bank SA is in the top 10 of the following ratings:
Reliability
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 1998 | 2010 |
| Regulated in Countries | Comoros, Belarus | Switzerland |
| Regulators | MISA MISA НБ РБ НБ РБ | FINMA FINMA |
Alpari
Alpari is regulated in the Comoros Islands and Belarus, providing a certain degree of client protection. However, Comorian licensing does not offer the same level of investor protection as countries with stricter regulatory bodies.
Dukascopy Bank SA
Dukascopy Bank is a reliable broker, regulated by FINMA and licensed in Switzerland, Japan, and Europe, confirming its stability and legitimacy.
Account Opening
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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Alpari
Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.
Dukascopy Bank SA
Opening an account with Dukascopy is quite simple and fast, with clear steps and the possibility of verification via video call.
Pros
- Clear and simple registration process.
- Fast verification, often less than 24 hours.
- Possibility of identity confirmation via video call.
Cons
- Minimum deposit of $1000 may be high for beginners.
Account Types
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Account Types | 4.8/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:3000 | 1:200 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Alpari
Alpari offers a wide selection of trading accounts that should meet the needs of most traders and investors.
Pros
- ECN and cent accounts available
- PAMM accounts and copy trading options
- Binary options trading accessible
Cons
- No fixed spread accounts available
Dukascopy Bank SA
Dukascopy offers a versatile ECN account, but limits the selection of specialized accounts.
Pros
- 24 base currencies.
- Availability of binary options and Islamic account.
- Contests and managed accounts available
Cons
- Lack of cent accounts.
- No fixed spread accounts.
Commissions
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Commissions | 3.2/5 | 3.7/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 1.7 | 0.3 |
| Commission per Lot | $2.70 | $3.78 |
Alpari
Alpari offers average trading commissions, but potential withdrawal fees and inactivity charges may deter some clients.
Pros
- Low transaction fee for ECN accounts
- Loyalty program (CashBack)
Cons
- Spreads slightly above market average
- Inactivity fee for accounts
Dukascopy Bank SA
Dukascopy offers average commissions with flexible terms depending on trading volume and deposit, but charges an inactivity fee.
Pros
- Flexible commission that decreases with increasing trade volume.
- Low swaps compared to competitors.
Cons
- Transaction fee higher than some competitors.
- Inactivity fee charged.
Deposit and Withdrawal
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Account Funding Methods |
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Alpari
Alpari offers very flexible and competitive conditions for depositing and withdrawing funds, making it an attractive choice for traders.
Dukascopy Bank SA
Dukascopy offers a variety of deposit and withdrawal methods, but with high fees.
Pros
- Wide selection of methods.
- Fast fund crediting.
- Free transfers between Dukascopy accounts.
Cons
- High fees (2.5%).
- Lack of cryptocurrencies in deposit/withdrawal methods.
Markets and Products
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Markets and Products | 4.5/5 | 4.7/5 |
| Forex | 46 | 60 |
| Precious Metals | 2 | 5 |
| Energy Carriers | 3 | 4 |
| Indices | 12 | 20 |
| Stocks | 631 | 1081 |
| Cryptocurrency | 9 | 18 |
| Soft Commodities | - | 6 |
| ETF | - | 51 |
| Bonds | - | 3 |
Alpari
The overall selection of assets available for trading with Alpari broker offers a diverse range that can satisfy the needs of most traders. However, there is no option to trade CFDs on exchange commodities.
Dukascopy Bank SA
Dukascopy offers an extensive selection of markets and products, but with limited leverage.
Pros
- Wide range of currency pairs and CFDs.
- Ability to trade binary options.
- Access to cryptocurrencies.
Cons
- Relatively low leverage.
Trading Platforms
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
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Alpari
Alpari offers a wide range of trading platforms that will undoubtedly meet the needs of most traders. The terminals provide traders with a full set of tools and resources necessary for effective trading.
Dukascopy Bank SA
Dukascopy's trading platforms are highly regarded for their functionality and user-friendliness.
Pros
- Wide selection of technical indicators.
- Availability of unique order types.
- Support for mobile devices and MT4.
Cons
- Lack of other popular platforms besides MT4.
Analytics
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Rating | 3/5 | 5/5 |
Alpari
Alpari provides daily expert market analysis, offering valuable insights for traders.
Pros
- In-depth daily reports.
- Expert analysis on market events.
Cons
- Limited range of analytical tools.
- Lack of real-time signals.
Dukascopy Bank SA
Dukascopy's analytical tools are extensive and of high quality.
Pros
- Availability of fundamental and technical analysis.
- Own TV channel with up-to-date information.
- A variety of additional tools.
Education
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Rating | 2/5 | 3/5 |
Alpari
No educational materials in English.
Dukascopy Bank SA
Dukascopy's educational materials are limited, with a focus on video tutorials for the platform, but without in-depth analysis.
Pros
- Video tutorials for the JForex platform.
Cons
- Lack of regular webinars and seminars.
- Shortage of materials for advanced traders.
Customer Support
| Broker | Alpari | Dukascopy Bank SA |
|---|---|---|
| Rating | 3/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Telegram
Дзен
Twitter
WeiboAlpari
Alpari's support has diverse contact options but lacks consistent quality and transparent service hours.
Pros
- Multiple contact methods.
- International phone support.
Cons
- No clear support hours.
- Mixed client reviews.
Dukascopy Bank SA
Dukascopy's technical support is efficient, with rapid response and professional staff.
Pros
- Instant responses in chat.
- Short waiting time on the phone.
Cons
- No messengers for communication with support.
