Deriv vs Dukascopy Bank SA Comparison: Which Is Better for Traders?
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 - Deriv or Dukascopy Bank SA?
Our pick: Deriv
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Deriv looks preferable to Dukascopy Bank SA.
Deriv scored 4.3/5 and ranks 23 in our all Forex brokers list, whereas Dukascopy Bank SA has 4.2/5 and ranks 34.
This is not financial advice. See the full comparison below.
Who is Deriv suitable for?
Deriv may be suitable for beginners looking for a user-friendly platform, a low entry threshold, and the opportunity to trade binary options or CFDs.
Who is Dukascopy Bank SA suitable for?
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.
Comparison Table of Deriv and Dukascopy Bank SA
| Broker | Deriv | Dukascopy Bank SA |
|---|---|---|
| Rating | 4.3/5 | 4.2/5 |
| Foundation Year | 2020 | 2010 |
| Regulated in Countries | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta | Switzerland |
| Minimum Deposit |
|
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| Spread | from 0.5 points | from 0.1 points |
| Max Leverage | 1:4000 | 1:200 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Deriv Review | Dukascopy Bank SA Review |
Deriv Review
Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.
Pros and Cons of Deriv
Pros
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
Deriv 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.
Reliability
| Broker | Deriv | Dukascopy Bank SA |
|---|---|---|
| Reliability | 4.2/5 | 5/5 |
| Foundation Year | 2020 | 2010 |
| Regulated in Countries | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta | Switzerland |
| Regulators | LFSA LFSA BVIFSC BVIFSC VFSC VFSC SVGFSA SVGFSA JFSC JFSC MFSA MFSA | FINMA FINMA |
Deriv
Broker Deriv is relatively reliable, with licenses from various global regulators.
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 | Deriv | Dukascopy Bank SA |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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|
Deriv
The account opening process at Deriv brokerage is quite simple and 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 | Deriv | Dukascopy Bank SA |
|---|---|---|
| Account Types | 4.5/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.5 points | from 0.1 points |
| Max Leverage | 1:4000 | 1:200 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Deriv
A wide variety of accounts on Deriv satisfies the needs of different traders, although there are certain limitations.
Pros
- A sufficiently wide selection of account types.
- The ability to trade binary options and multipliers.
Cons
- No accounts with fixed spreads.
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 | Deriv | Dukascopy Bank SA |
|---|---|---|
| Commissions | 4.3/5 | 3.7/5 |
| Spread | from 0.5 points | from 0.1 points |
| Average Spread (EURUSD) | 0.5 | 0.3 |
| Commission per Lot | $3.78 |
Deriv
Deriv's commissions are low.
Pros
- No commission for account funding and withdrawal.
- Low spreads and swaps on Financial type accounts.
Cons
- Fee for account inactivity.
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 | Deriv | Dukascopy Bank SA |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Account Funding Methods |
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|
Deriv
Broker Deriv offers various convenient methods for account funding and withdrawal without commission.
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 | Deriv | Dukascopy Bank SA |
|---|---|---|
| Markets and Products | 3.8/5 | 4.7/5 |
| Forex | 57 | 60 |
| Precious Metals | 11 | 5 |
| Energy Carriers | 2 | 4 |
| Indices | 63 | 20 |
| Stocks | 57 | 1081 |
| ETF | 31 | 51 |
| Cryptocurrency | 31 | 18 |
| Soft Commodities | - | 6 |
| Bonds | - | 3 |
Deriv
A wide range of assets in many segments.
Pros
- A large selection of assets for trading.
- Ability to trade synthetic indices 24/7.
Cons
- Absence of some important asset classes.
- Limited number of CFDs on stocks.
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 | Deriv | Dukascopy Bank SA |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
|
|
Deriv
Broker Deriv offers a wide range of trading platforms to meet the needs of traders of different levels.
Pros
- A variety of platforms for different types of trading.
- The ability to build trading robots without programming knowledge.
- Has its own mobile application.
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 | Deriv | Dukascopy Bank SA |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
Deriv
Deriv offers robust analytics with practical calculators and insightful market analysis, yet there's room for more real-time data tools.
Pros
- Detailed market insights on the Deriv Blog.
- Convenient risk management calculators.
Cons
- Lack of an economic calendar.
- Limited real-time data analytics.
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 | Deriv | Dukascopy Bank SA |
|---|---|---|
| Rating | 2.5/5 | 3/5 |
Deriv
Deriv's educational materials are limited to a blog, which restricts opportunities for comprehensive learning.
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 | Deriv | Dukascopy Bank SA |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Email Support |
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| Hotline Phones | — |
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| Social Media |
Twitter
LinkedIn
YouTube
Facebook
Instagram
WeiboDeriv
Technical support at Deriv operates at a high level, providing fast and quality responses.
Pros
- Wide selection of communication channels.
- Quality and constructive responses.
Cons
- No information on the support schedule is available on the website.
- Some clients complain about the technical support service.
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.
Comparisons of Deriv and Dukascopy Bank SA with other brokers
Conclusion
Deriv stands out as the better overall pick, while Dukascopy Bank SA trails on aggregate criteria.
Deriv scored 4.3/5 and ranks 23 in our rating; Dukascopy Bank SA has 4.2/5 and ranks 34.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Deriv or Dukascopy Bank SA?
Deriv comes out ahead by overall rank (score 4.3/5, position 23) versus Dukascopy Bank SA (score 4.2/5, position 34).
Which broker is better for beginners: Deriv or Dukascopy Bank SA?
Deriv 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) — Deriv or Dukascopy Bank SA?
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 Deriv and Dukascopy Bank SA?
Deriv: MetaTrader 5, Deriv X, cTrader. Dukascopy Bank SA: MetaTrader 4, JForex. See the “Platforms” section for details and selection tips.
What markets can you trade with Deriv and Dukascopy Bank SA?
Deriv: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Dukascopy Bank SA: 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 Deriv and Dukascopy Bank SA?
Deriv: MT5 Financial, MT5 Derived, Deriv X, Deriv cTrader. Dukascopy Bank SA: ECN. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Deriv and Dukascopy Bank SA?
Deriv: FasaPay, Perfect Money, Skrill, Neteller, WebMoney, PaySafeCard, Jeton, SticPay, Airtm, Boleto, Paylivre, OnlineNaira, Beyonic, AstroPay, 1foryou, Volet, Swift, Visa, Mastercard, Maestro, Diners Club, JCB, PayTrust88, Help2pay, DragonPhoenix, ZingPay, Ngan Luong, Trustly. Dukascopy Bank SA: Apple Pay, Skrill, Neteller, Swift, SEPA, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Deriv or Dukascopy Bank SA — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
