Broker comparison

Alpari vs Dukascopy Europe Comparison

Compare trading conditions, commissions and platforms of Forex brokers Alpari and Dukascopy Europe. Find out which broker is best for you.

VS summaryScores and ranking at a glance
AlpariHigher ranked
Rating
3.9/5
Rank
#57
Register

Trading CFDs carries high risks. You may lose all invested funds

Dukascopy Europe
Rating
3.8/5
Rank
#62
Register

71.03% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - Alpari or Dukascopy Europe?

Our pick: Alpari

Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Alpari looks preferable to Dukascopy Europe.

Alpari scored 3.9/5 and ranks 57 in our all Forex brokers list, whereas Dukascopy Europe has 3.8/5 and ranks 62.

This is not financial advice. See the full comparison below.

Who is Alpari suitable for?

Best suited to retail Forex and CFD traders who prefer MetaTrader, low-entry account options, and a simple, familiar trading environment.

Who is Dukascopy Europe suitable for?

Dukascopy Europe is suitable for traders looking for multi-currency accounts and diverse platforms. The broker is not ideal for those who prefer a large selection of deposit/withdrawal methods.

Comparison Table of Alpari and Dukascopy Europe

BrokerAlpariDukascopy Europe
Rating
3.9/5
3.8/5
Foundation Year19982011
Regulated in CountriesComorosLatvia
Minimum Deposit
  • 30 EUR
  • 30 USD
  • 100 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:10001:30
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • JForex
ReviewAlpari ReviewDukascopy Europe Review

Alpari Review

Alpari Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4
compare Alpari trading accounts

Alpari is a long-established broker with a recognizable brand and a familiar trading environment focused on Forex and CFDs. Its main strengths include a practical account lineup, access to MetaTrader platforms, basic market analysis tools, and convenient funding methods. At the same time, the broker is less competitive in areas such as regulation, education, and the overall depth of its product ecosystem.

Alpari is best suited to retail traders with some basic market experience who want a straightforward trading setup with MetaTrader, several account options, and a relatively low entry barrier. It may also appeal to traders who prefer a simple Forex and CFD offering without the need for an extensive research or educational environment. For beginners who prioritize strong regulation and comprehensive learning resources, it is not the strongest choice.

Pros and Cons of Alpari

Pros

  1. Wide selection of account types for different trading styles
  2. Support for MetaTrader platforms and binary options trading
  3. Convenient funding methods, including cards, Volet, and crypto

Cons

  1. Offshore-only regulation with no top-tier licenses
  2. Limited educational offering
  3. Narrower product and research ecosystem than stronger competitors

Alpari is in the top 10 of the following ratings:

Dukascopy Europe Review

Dukascopy Europe Logo
Register71.03% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4JForex
compare Dukascopy Europe trading accounts

Broker Dukascopy Europe represents a reliable choice for a wide range of traders, from beginners to experienced professionals. With a wide range of trading instruments and quality platforms, it can be beautiful for those who want to diversify their portfolio.

However, some aspects, such as average commission levels and limited account funding options, may make it less attractive to traders seeking minimal costs or specific deposit/withdrawal methods.

Dukascopy Europe suits a broad spectrum of traders, especially those who value quality trading tools and support.

Pros and Cons of Dukascopy Europe

Pros

  1. Wide choice of trading assets.
  2. Quality trading platforms.
  3. Round-the-clock customer support.

Cons

  1. Average level of commissions.
  2. Limited methods for deposit and withdrawal.
  3. Limited analytics.

Reliability

BrokerAlpariDukascopy Europe
Reliability
3.5/5
5/5
Foundation Year19982011
Regulated in CountriesComorosLatvia
Regulators

Alpari

Alpari has a long operating history and remains a recognizable broker brand, but its regulatory profile is weak due to offshore-only supervision and the absence of licenses from top-tier financial authorities.

Pros

  1. Founded in 1998
  2. Regulated by MISA

Cons

  1. Offshore-only regulation
  2. No top-tier licenses

Dukascopy Europe

Broker Dukascopy Europe is reliable and operates under the regulation of FCMC and the Swiss organization. It complies with investor protection laws, guaranteeing compensation up to 20,000 euros.

Account Opening

BrokerAlpariDukascopy Europe
Account Opening
5/5
5/5
Minimum Deposit
  • 30 USD
  • 30 EUR
  • 100 USD

Alpari

Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.

Dukascopy Europe

Opening an account with Dukascopy Europe is convenient and fast, with clear instructions and quick verification.

Account Types

BrokerAlpariDukascopy Europe
Account Types
4.5/5
2.8/5
Trading Accounts
  • Micro
  • Standard
  • PRO ECN
  • ECN
Minimum Deposit
  • 30 USD
  • 30 EUR
  • 100 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:10001:30
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • JForex
Demo Account
Swap-free Account

Alpari

Alpari offers a well-structured range of account types for different budgets and trading styles, with low-entry options, tighter-spread accounts, and demo access, although the lineup is not especially diverse by industry standards.

Pros

  1. Accounts for different deposit levels
  2. Demo account available
  3. Low minimum deposit entry option

Cons

  1. No fixed spread accounts available
  2. Limited differentiation between account types

Dukascopy Europe

Dukascopy Europe limits options by offering only an ECN account, which may not satisfy all traders.

Pros

  1. Availability of an Islamic account.
  2. ECN account available.
  3. Demo account available.

Cons

  1. Lack of cent and PAMM accounts.
  2. No accounts with fixed spreads.
  3. Limited variety for experienced traders.

Commissions

BrokerAlpariDukascopy Europe
Commissions
3/5
3.5/5
Spreadfrom 0 pointsfrom 0.1 points
Average Spread (EURUSD)1.70.3
Commissionper $1M turnover$25.00per $1M turnover$35.00

Alpari

Alpari offers average trading commissions, but potential inactivity charges may deter some clients.

Pros

  1. Low transaction fee for ECN accounts

Cons

  1. Spreads slightly above market average
  2. Inactivity fee for accounts

Dukascopy Europe

Dukascopy Europe's commissions are at an average level, with flexibility for large traders.

Pros

  1. Flexible commission depending on volume.
  2. Competitive swaps.

Cons

  1. Inactivity fee.

Deposit and Withdrawal

BrokerAlpariDukascopy Europe
Rating
4/5
2.5/5
Account Funding Methods
  • Volet
  • Swift
  • Visa
  • Mastercard
  • Swift
  • SEPA
  • Visa
  • Mastercard

Alpari

Alpari offers a practical deposit and withdrawal setup with support for cards, Volet, and cryptocurrencies, but the overall payment range is narrower than that of brokers with broader local and e-wallet options.

Pros

  1. Supports cards, Volet, and crypto
  2. Convenient mix of fiat and digital methods

Cons

  1. Limited choice of payment methods

Dukascopy Europe

Limited deposit and withdrawal methods with some fees.

Pros

  1. No deposit fee.
  2. Support for major currencies.

Cons

  1. Lack of electronic wallets and cryptocurrencies.
  2. Withdrawal fee.
  3. Undisclosed withdrawal times.

Markets and Products

BrokerAlpariDukascopy Europe
Markets and Products
4.5/5
4.5/5
Forex4659
Precious Metals25
Energy Carriers34
Indices1221
Stocks6311081
Cryptocurrency918
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 Europe

The broker offers a wide range of markets and products, satisfying various traders' needs.

Pros

  1. Large selection of currency pairs and CFDs.
  2. Access to cryptocurrencies and ETFs.
  3. Variety of commodities.

Cons

  1. Relatively low leverage.

Trading Platforms

BrokerAlpariDukascopy Europe
Rating
5/5
4.5/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • JForex

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 Europe

Conclusion: The broker offers highly functional JForex and MT4 platforms, ensuring flexibility and convenience.

Pros

  1. Extensive functionality of JForex.
  2. Availability of the popular MT4.
  3. Versions for desktop and mobile devices.

Cons

  1. Limited choice of platforms.

Analytics

BrokerAlpariDukascopy Europe
Rating
4/5
1/5

Alpari

Alpari provides useful day-to-day market research through regular news updates, expert commentary, and a practical economic calendar, but its analytics offering appears more solid and functional than truly advanced.

Pros

  1. Regular market news and analysis updates
  2. Economic calendar with forecasts, actual data, and event importance

Cons

  1. No clear evidence of advanced analytical tools
  2. Research offering looks more basic than premium

Dukascopy Europe

The broker's analytics are limited, only currency rates are provided.

Pros

  1. Up-to-date currency rates.

Cons

  1. Lack of expert analysis.
  2. No signals and complex analysis tools.

Education

BrokerAlpariDukascopy Europe
Rating
2/5
3/5

Alpari

Alpari’s educational offering is very limited, with no clear access to structured learning materials such as courses, webinars, or video tutorials, which makes the broker less appealing for beginners.

Cons

  1. No visible structured educational content
  2. Lacks webinars, courses, and video tutorials

Dukascopy Europe

DE's educational materials are useful for beginners but limited in variety.

Pros

  1. Video tutorials on the basics.

Cons

  1. Lack of advanced materials.
  2. Seminars and webinars are not currently conducted.

Customer Support

BrokerAlpariDukascopy Europe
Rating
3/5
4.5/5
Email Support
  • support@alpari.im
  • support@dukascopy.eu
Hotline Phones
  • +44 2031 29-37-99
  • 8 800 200 01 31
  • +37167399000
  • +37167399039
Social Media

Alpari

Alpari's support has diverse contact options but lacks consistent quality and transparent service hours.

Pros

  1. Multiple contact methods.
  2. International phone support.

Cons

  1. No clear support hours.
  2. Mixed client reviews.

Dukascopy Europe

The broker's technical support is of a high level with round-the-clock access.

Pros

  1. 24/7 support.
  2. Multiple communication channels (phone, chat, email).
  3. Positive feedback from traders.

Cons

  1. No messengers for communication with support.

Comparisons of Alpari and Dukascopy Europe with other brokers

Conclusion

Alpari stands out as the better overall pick, while Dukascopy Europe trails on aggregate criteria.

Alpari scored 3.9/5 and ranks 57 in our rating; Dukascopy Europe has 3.8/5 and ranks 62.

We explain the reasons above in detail — fees, platforms, reliability, support, and more.

FAQ

Which broker is better: Alpari or Dukascopy Europe?

Alpari comes out ahead by overall rank (score 3.9/5, position 57) versus Dukascopy Europe (score 3.8/5, position 62).

Which broker is better for beginners: Alpari or Dukascopy Europe?

Alpari is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.

Who has lower typical trading costs (spreads/commissions) — Alpari or Dukascopy Europe?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with Alpari and Dukascopy Europe?

Alpari: MetaTrader 5, MetaTrader 4. Dukascopy Europe: MetaTrader 4, JForex. See the “Platforms” section for details and selection tips.

What markets can you trade with Alpari and Dukascopy Europe?

Alpari: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Dukascopy Europe: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by Alpari and Dukascopy Europe?

Alpari: Micro, Standard, PRO ECN. Dukascopy Europe: ECN. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Alpari and Dukascopy Europe?

Alpari: Volet, Swift, Visa, Mastercard. Dukascopy Europe: Swift, SEPA, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — Alpari or Dukascopy Europe — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.