Dukascopy Bank SA vs FXOpen Comparison

Last updated Mar 28, 2025
Dukascopy Bank SA LogoDukascopy Bank SA
4.2/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
FXOpen LogoFXOpen
4.3/5
Register58-60% of retail investors lose money when trading CFDs with this broker

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 FXOpen

BrokerDukascopy Bank SAFXOpen
Rating
4.2/5
4.3/5
Foundation Year20102004
Regulated in CountriesSwitzerlandUnited Kingdom, Cyprus, Australia
Minimum Deposit
  • 1000 USD
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
Spreadfrom 0.1 pointsfrom 0 points
Max Leverage1:2001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
ReviewDukascopy Bank SA Review FXOpen 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.

Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.

Dukascopy Bank SA Review

Dukascopy Bank SA Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4JForex
compare Dukascopy Bank SA trading accounts

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

  1. Wide range of trading assets.
  2. High-quality trading platforms.
  3. Quality technical support.
  4. Diverse analytical tools.

Cons

  1. Fees for deposit and withdrawal.
  2. Insufficient educational materials.

Dukascopy Bank SA is in the top 10 of the following ratings:

FXOpen Review

FXOpen Logo
Register58-60% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TickTraderTradingView
compare FXOpen trading accounts

FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.

FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.

Pros and Cons of FXOpen

Pros

  1. Wide range of trading assets.
  2. Low spreads and commissions.
  3. Support for various trading platforms.

Cons

  1. Lack of educational materials.

Reliability

BrokerDukascopy Bank SAFXOpen
Reliability
5/5
5/5
Foundation Year20102004
Regulated in CountriesSwitzerlandUnited Kingdom, Cyprus, Australia
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.

FXOpen

FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.

Account Opening

BrokerDukascopy Bank SAFXOpen
Account Opening
4.5/5
5/5
Minimum Deposit
  • 1000 USD
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD

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

  1. Clear and simple registration process.
  2. Fast verification, often less than 24 hours.
  3. Possibility of identity confirmation via video call.

Cons

  1. Minimum deposit of $1000 may be high for beginners.

FXOpen

FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.

Account Types

BrokerDukascopy Bank SAFXOpen
Account Types
4/5
5/5
Trading Accounts
  • ECN
  • STP
  • ECN
  • Micro
  • Crypto
Minimum Deposit
  • 1000 USD
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
Spreadfrom 0.1 pointsfrom 0 points
Max Leverage1:2001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
Demo Account
Swap-free Account

Dukascopy Bank SA

Dukascopy offers a versatile ECN account, but limits the selection of specialized accounts.

Pros

  1. 24 base currencies.
  2. Availability of binary options and Islamic account.
  3. Contests and managed accounts available

Cons

  1. Lack of cent accounts.
  2. No fixed spread accounts.

FXOpen

FxOpen offers a wide selection of trading accounts and additional services.

Commissions

BrokerDukascopy Bank SAFXOpen
Commissions
3.7/5
3/5
Spreadfrom 0.1 pointsfrom 0 points
Average Spread (EURUSD)0.31.2
Commission per Lot$3.78$3.5

Dukascopy Bank SA

Dukascopy offers average commissions with flexible terms depending on trading volume and deposit, but charges an inactivity fee.

Pros

  1. Flexible commission that decreases with increasing trade volume.
  2. Low swaps compared to competitors.

Cons

  1. Transaction fee higher than some competitors.
  2. Inactivity fee charged.

FXOpen

FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.

Deposit and Withdrawal

BrokerDukascopy Bank SAFXOpen
Rating
3.5/5
4.2/5
Account Funding Methods
  • Apple Pay
  • Skrill
  • Neteller
  • Swift
  • SEPA
  • Visa
  • Mastercard
  • WebMoney
  • AdvCash
  • FasaPay
  • Visa
  • Mastercard
  • JCB
  • Discover

Dukascopy Bank SA

Dukascopy offers a variety of deposit and withdrawal methods, but with high fees.

Pros

  1. Wide selection of methods.
  2. Fast fund crediting.
  3. Free transfers between Dukascopy accounts.

Cons

  1. High fees (2.5%).
  2. Lack of cryptocurrencies in deposit/withdrawal methods.

FXOpen

FxOpen offers a variety of deposit and withdrawal methods.

Pros

  1. A large selection of payment systems and cryptocurrencies.
  2. Fast processing of withdrawal requests.

Cons

  1. No bank transfer option.
  2. High commissions for credit cards from the provider.

Markets and Products

BrokerDukascopy Bank SAFXOpen
Markets and Products
4.7/5
4.6/5
Forex6066
Precious Metals53
Energy Carriers43
Soft Commodities6-
Indices2012
Stocks1081553
ETF5156
Bonds3-
Cryptocurrency1841

Dukascopy Bank SA

Dukascopy offers an extensive selection of markets and products, but with limited leverage.

Pros

  1. Wide range of currency pairs and CFDs.
  2. Ability to trade binary options.
  3. Access to cryptocurrencies.

Cons

  1. Relatively low leverage.

FXOpen

FxOpen offers a good selection of assets but without soft commodities.

Trading Platforms

BrokerDukascopy Bank SAFXOpen
Rating
4.5/5
5/5
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView

Dukascopy Bank SA

Dukascopy's trading platforms are highly regarded for their functionality and user-friendliness.

Pros

  1. Wide selection of technical indicators.
  2. Availability of unique order types.
  3. Support for mobile devices and MT4.

Cons

  1. Lack of other popular platforms besides MT4.

FXOpen

FXOpen offers a wide range of trading platforms, catering to different types of traders.

Analytics

BrokerDukascopy Bank SAFXOpen
Rating
5/5
4/5

Dukascopy Bank SA

Dukascopy's analytical tools are extensive and of high quality.

Pros

  1. Availability of fundamental and technical analysis.
  2. Own TV channel with up-to-date information.
  3. A variety of additional tools.

FXOpen

FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.

Education

BrokerDukascopy Bank SAFXOpen
Rating
3/5
2/5

Dukascopy Bank SA

Dukascopy's educational materials are limited, with a focus on video tutorials for the platform, but without in-depth analysis.

Pros

  1. Video tutorials for the JForex platform.

Cons

  1. Lack of regular webinars and seminars.
  2. Shortage of materials for advanced traders.

FXOpen

FXOpen invests little in trader education, offering only basic articles and a glossary of terms.

Customer Support

BrokerDukascopy Bank SAFXOpen
Rating
4.5/5
4.5/5
Email Support
  • support@dukascopy.bank
  • sales@fxopen.com
Hotline Phones
  • +41227994888
  • +41227994848
  • +41227994838
  • +37167218724
  • +37167218725
  • +380444952092
  • +85258049375
  • +74956428121
  • +64-9-801-0123
Social Media

Dukascopy Bank SA

Dukascopy's technical support is efficient, with rapid response and professional staff.

Pros

  1. Instant responses in chat.
  2. Short waiting time on the phone.

Cons

  1. No messengers for communication with support.

FXOpen

FXOpen offers reliable support, and a variety of communication channels adds flexibility.

Alternatives to Dukascopy Bank SA and FXOpen

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.