Dukascopy Bank SA vs InstaForex 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
InstaForex LogoInstaForex
4.2/5
Register71.99% 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 InstaForex

BrokerDukascopy Bank SAInstaForex
Rating
4.2/5
4.2/5
Foundation Year20102007
Regulated in CountriesSwitzerlandBritish Virgin Islands, Cyprus, Saint Vincent and the Grenadines
Minimum Deposit
  • 1000 USD
  • 1 USD
  • 1 EUR
  • 1 RUB
Spreadfrom 0.1 pointsfrom 0 points
Max Leverage1:2001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 5
  • MetaTrader 4
  • InstaForex Webtrader
ReviewDukascopy Bank SA Review InstaForex 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.

InstaForex is suitable for beginner traders looking for simple conditions and education but may be unsuitable for professionals with large deposits due to wide spreads and low liquidity.

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:

InstaForex Review

InstaForex Logo
Register71.99% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4InstaForex Webtrader
compare InstaForex trading accounts

InstaForex is a popular broker that offers a wide range of trading instruments and specialized accounts. The unique possibility of accruing interest on the account balance, ForexCopy's automatic transaction copying service, and support for cryptocurrency trading make InstaForex an attractive choice for a variety of traders. Customer support is available round the clock, and account replenishment does not charge any commission, which is a significant plus.

InstaForex is suitable for beginner traders and investors interested in passive income through PAMM accounts, as well as for those looking for innovative features such as cryptocurrency trading and automatic trade copying.

Pros and Cons of InstaForex

Pros

  1. Large selection of trading instruments.
  2. PAMM accounts and the ForexCopy automatic trade copying service for passive income.
  3. 24/7 efficient customer support.
  4. Wide range of methods for depositing and withdrawing funds.
  5. Decent analytical section.

Cons

  1. Trading commissions are above average.
  2. No trading accounts with market execution of orders (ECN or STP).
  3. Broker commission on fund withdrawals.

Reliability

BrokerDukascopy Bank SAInstaForex
Reliability
5/5
4/5
Foundation Year20102007
Regulated in CountriesSwitzerlandBritish Virgin Islands, Cyprus, Saint Vincent and the Grenadines
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.

InstaForex

InstaForex operates through multiple legal entities regulated by various financial authorities. However, it should be noted that these are not the strictest or most authoritative market regulators.

Account Opening

BrokerDukascopy Bank SAInstaForex
Account Opening
4.5/5
5/5
Minimum Deposit
  • 1000 USD
  • 1 USD
  • 1 EUR
  • 1 RUB

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.

InstaForex

Given the lack of minimum deposit requirements and the option to bypass verification for certain funding methods, it can be said that opening an account with InstaForex is maximally convenient and accessible.

Account Types

BrokerDukascopy Bank SAInstaForex
Account Types
4/5
5/5
Trading Accounts
  • ECN
  • Insta.Standard
  • Insta.Eurica
  • Cent.Standard
  • Cent.Eurica
Minimum Deposit
  • 1000 USD
  • 1 USD
  • 1 EUR
  • 1 RUB
Spreadfrom 0.1 pointsfrom 0 points
Max Leverage1:2001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 5
  • MetaTrader 4
  • InstaForex Webtrader
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.

InstaForex

InstaForex accounts offer sufficiently flexible conditions to meet the needs of most traders.

Pros

  1. Cent and Islamic accounts are available
  2. PAMM accounts and copy trading services are provided

Cons

  1. No market execution of orders

Commissions

BrokerDukascopy Bank SAInstaForex
Commissions
3.7/5
2.2/5
Spreadfrom 0.1 pointsfrom 0 points
Average Spread (EURUSD)0.3
Commission per Lot$3.78$3

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.

InstaForex

InstaForex offers its clients trading commissions above average compared to other brokers.

Pros

  1. Transaction commission slightly below market average
  2. Commission rebates (rebate) are available

Cons

  1. Inactivity fee is charged
  2. Withdrawal fees may apply
  3. Wide spreads

Deposit and Withdrawal

BrokerDukascopy Bank SAInstaForex
Rating
3.5/5
4.7/5
Account Funding Methods
  • Apple Pay
  • Skrill
  • Neteller
  • Swift
  • SEPA
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • YooMoney
  • PayCo
  • AstroPay
  • Swift
  • Visa
  • Mastercard

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.

InstaForex

InstaForex provides various flexible options for depositing and withdrawing funds, although some fees may be higher than those of some competitors. This disadvantage is offset by the company's offer of advantageous deposit bonuses.

Markets and Products

BrokerDukascopy Bank SAInstaForex
Markets and Products
4.7/5
5/5
Forex60108
Precious Metals58
Energy Carriers46
Soft Commodities613
Indices2021
Stocks10811448
ETF5167
Bonds3-
Cryptocurrency1872

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.

InstaForex

A wide range of trading instruments is available on InstaForex, including 110 currency pairs and various Contracts for Difference (CFDs).

Trading Platforms

BrokerDukascopy Bank SAInstaForex
Rating
4.5/5
5/5
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 5
  • MetaTrader 4
  • InstaForex Webtrader

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.

InstaForex

InstaForex offers a wide selection of platforms, which can satisfy the needs of the overwhelming majority of traders.

Analytics

BrokerDukascopy Bank SAInstaForex
Rating
5/5
5/5

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.

InstaForex

A strong point of InstaForex is its robust analytical section for beginners. The company's analysts publish daily market forecasts, breakdowns of trading situations, and important economic news.

Education

BrokerDukascopy Bank SAInstaForex
Rating
3/5
4.5/5

Dukascopy Bank SA

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

Pros

  1. Video tutorials for the JForex platform.

Cons

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

InstaForex

InstaForex provides high-quality and diverse educational materials (video tutorials, courses, webinars), benefiting beginners and advanced traders. However, access to the entire training course is open only to owners of trading accounts.

Customer Support

BrokerDukascopy Bank SAInstaForex
Rating
4.5/5
5/5
Email Support
  • support@dukascopy.bank
  • support@mail.instaforex.com
Hotline Phones
  • +41227994888
  • +41227994848
  • +41227994838
  • +37167218724
  • +37167218725
  • +380444952092
  • +85258049375
  • +74956428121
  • +35725654112
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.

InstaForex

The technical support of InstaForex demonstrates good customer service, offering various ways to connect and prompt responses to client inquiries.

Alternatives to Dukascopy Bank SA and InstaForex

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.