Dukascopy Bank SA vs FOREX.com 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 Dukascopy Bank SA and FOREX.com
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Rating | 4.2/5 | 4.1/5 |
| Foundation Year | 2010 | 2000 |
| Regulated in Countries | Switzerland | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia |
| Minimum Deposit |
|
|
| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:200 | 1:50 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | Dukascopy Bank SA Review | FOREX.com Review |
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.
FOREX.com is suitable for traders of all levels due to its reliability, wide range of assets, and excellent customer service.
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:
FOREX.com Review
FOREX.com is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.
Pros and Cons of FOREX.com
Pros
- Broker with many years of history and a global reputation.
- A variety of deposit methods.
- A wide variety of available markets and products.
- Advanced analytical tools and daily updates from the company's professionals.
- Comprehensive educational materials for all levels of traders.
Cons
- Lack of specialized accounts.
- High transaction fee on DMA Account.
FOREX.com is in the top 10 of the following ratings:
Reliability
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2010 | 2000 |
| Regulated in Countries | Switzerland | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia |
| Regulators | FINMA FINMA | CIMA CIMA FCA FCA CIRO CIRO CySEC CySEC NFA NFA CFTC CFTC SFC SFC JFSA JFSA MAS MAS ASIC ASIC |
Dukascopy Bank SA
Dukascopy Bank is a reliable broker, regulated by FINMA and licensed in Switzerland, Japan, and Europe, confirming its stability and legitimacy.
FOREX.com
The company is strictly regulated, has a long-standing market presence, and is open to investors.
Pros
- Broad global regulation.
- Long-term market presence.
- Parent company traded on NASDAQ.
Account Opening
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Account Opening | 4.5/5 | 4/5 |
| Minimum Deposit |
|
|
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.
FOREX.com
The account opening process at FOREX.com is quite standard but potentially prolonged due to required verification.
Pros
- Transparent registration process.
- Strict verification for security.
Cons
- Verification may take time.
- A lot of information is required.
Account Types
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Account Types | 4/5 | 3.5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:200 | 1:50 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
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.
FOREX.com
FOREX.com offers standard account types that satisfy most traders, but some essential accounts are missing.
Pros
- Direct Market Access account available.
- Demo account for strategy testing.
- The ability to trade on behalf of a company.
Cons
- No cent accounts.
- No Islamic accounts.
- No options for passive investing.
Commissions
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Commissions | 3.7/5 | 2.2/5 |
| Spread | from 0.1 points | from 0.1 points |
| Average Spread (EURUSD) | 0.3 | 1.3 |
| Commission per Lot | $3.78 | $6.48 |
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.
FOREX.com
FOREX.com's commissions are above average. Conditions can be improved for traders with high volumes.
Pros
- Potential reduction in commissions with increased trading volume.
- Rebate program for major American traders.
- No fees for deposits and withdrawals.
Cons
- High transaction commission on DMA accounts.
- Inactivity fee.
- High swaps.
Deposit and Withdrawal
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Rating | 3.5/5 | 4.3/5 |
| Account Funding Methods |
|
|
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.
FOREX.com
FOREX.com provides diverse and convenient methods for depositing and withdrawing funds with low costs and reasonable processing times.
Markets and Products
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Markets and Products | 4.7/5 | 4.5/5 |
| Forex | 60 | 91 |
| Precious Metals | 5 | 16 |
| Energy Carriers | 4 | 14 |
| Soft Commodities | 6 | 22 |
| Indices | 20 | 54 |
| Stocks | 1081 | 5500 |
| ETF | 51 | 318 |
| Bonds | 3 | 14 |
| Cryptocurrency | 18 | 12 |
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.
FOREX.com
Although its leverage is relatively low, FOREX.com offers an extensive selection of markets and products.
Trading Platforms
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
|
|
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.
FOREX.com
FOREX.com provides a wide choice of trading platforms, including MT4, its proprietary platform, NinjaTrader, and TradingView, supporting all formats - online, desktop, and mobile applications.
Analytics
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Rating | 5/5 | 5/5 |
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.
FOREX.com
Analytics at FOREX.com is a powerful tool for traders, providing extensive information and in-depth market analysis.
Education
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Rating | 3/5 | 5/5 |
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.
FOREX.com
FOREX.com offers a rich educational program suitable for all levels of traders, enhancing the user experience.
Customer Support
| Broker | Dukascopy Bank SA | FOREX.com |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
Twitter
YouTube
Weibo
FacebookDukascopy 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.
FOREX.com
FOREX.com provides excellent technical support with fast and professional service, available 24/7.
