Deriv vs Dukascopy Europe Comparison
Dukascopy EuropeWe test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Deriv and Dukascopy Europe
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Rating | 4.3/5 | 3.8/5 |
| Foundation Year | 2020 | 2011 |
| Regulated in Countries | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta | Latvia |
| Minimum Deposit |
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| Spread | from 0.5 points | from 0.1 points |
| Max Leverage | 1:4000 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Deriv Review | Dukascopy Europe Review |
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.
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.
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 Europe Review
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
- Wide choice of trading assets.
- Quality trading platforms.
- Round-the-clock customer support.
Cons
- Average level of commissions.
- Limited methods for deposit and withdrawal.
- Limited analytics.
Reliability
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Reliability | 4.2/5 | 5/5 |
| Foundation Year | 2020 | 2011 |
| Regulated in Countries | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta | Latvia |
| Regulators | LFSA LFSA BVIFSC BVIFSC VFSC VFSC SVGFSA SVGFSA JFSC JFSC MFSA MFSA | FCMC FCMC |
Deriv
Broker Deriv is relatively reliable, with licenses from various global regulators.
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
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Deriv
The account opening process at Deriv brokerage is quite simple and fast.
Dukascopy Europe
Opening an account with Dukascopy Europe is convenient and fast, with clear instructions and quick verification.
Account Types
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Account Types | 4.5/5 | 2.8/5 |
| 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 | 1:30 |
| 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 Europe
Dukascopy Europe limits options by offering only an ECN account, which may not satisfy all traders.
Pros
- Availability of an Islamic account.
- ECN account available.
- Demo account available.
Cons
- Lack of cent and PAMM accounts.
- No accounts with fixed spreads.
- Limited variety for experienced traders.
Commissions
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Commissions | 4.3/5 | 3.5/5 |
| 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 Europe
Dukascopy Europe's commissions are at an average level, with flexibility for large traders.
Pros
- Flexible commission depending on volume.
- Competitive swaps.
Cons
- Inactivity fee.
Deposit and Withdrawal
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Rating | 5/5 | 2.5/5 |
| Account Funding Methods |
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Deriv
Broker Deriv offers various convenient methods for account funding and withdrawal without commission.
Dukascopy Europe
Limited deposit and withdrawal methods with some fees.
Pros
- No deposit fee.
- Support for major currencies.
Cons
- Lack of electronic wallets and cryptocurrencies.
- Withdrawal fee.
- Undisclosed withdrawal times.
Markets and Products
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Markets and Products | 3.8/5 | 4.5/5 |
| Forex | 57 | 59 |
| Precious Metals | 11 | 5 |
| Energy Carriers | 2 | 4 |
| Indices | 63 | 21 |
| 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 Europe
The broker offers a wide range of markets and products, satisfying various traders' needs.
Pros
- Large selection of currency pairs and CFDs.
- Access to cryptocurrencies and ETFs.
- Variety of commodities.
Cons
- Relatively low leverage.
Trading Platforms
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
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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 Europe
Conclusion: The broker offers highly functional JForex and MT4 platforms, ensuring flexibility and convenience.
Pros
- Extensive functionality of JForex.
- Availability of the popular MT4.
- Versions for desktop and mobile devices.
Cons
- Limited choice of platforms.
Analytics
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Rating | 3.5/5 | 1/5 |
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 Europe
The broker's analytics are limited, only currency rates are provided.
Pros
- Up-to-date currency rates.
Cons
- Lack of expert analysis.
- No signals and complex analysis tools.
Education
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Rating | 2.5/5 | 3/5 |
Deriv
Deriv's educational materials are limited to a blog, which restricts opportunities for comprehensive learning.
Dukascopy Europe
DE's educational materials are useful for beginners but limited in variety.
Pros
- Video tutorials on the basics.
Cons
- Lack of advanced materials.
- Seminars and webinars are not currently conducted.
Customer Support
| Broker | Deriv | Dukascopy Europe |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Email Support |
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| Hotline Phones | — |
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| Social Media |
Twitter
LinkedIn
YouTube
Facebook
InstagramDeriv
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 Europe
The broker's technical support is of a high level with round-the-clock access.
Pros
- 24/7 support.
- Multiple communication channels (phone, chat, email).
- Positive feedback from traders.
Cons
- No messengers for communication with support.
