Dukascopy Europe vs FBS Comparison
Dukascopy Europe
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 Europe and FBS
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Rating | 3.8/5 | 4.3/5 |
| Foundation Year | 2011 | 2007 |
| Regulated in Countries | Latvia | Belize, Cyprus, Australia, South Africa |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0.7 points |
| Max Leverage | 1:30 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Dukascopy Europe Review | FBS Review |
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.
FBS is suitable for beginners thanks to educational materials, as well as for experienced traders who value MetaTrader and reliability.
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.
FBS Review
FBS is a reliable choice for traders who value a secure and regulated trading environment, complemented by a robust selection of educational resources and trading tools. It is particularly well-suited for those new to trading or looking to expand their knowledge and experienced traders focusing on a diverse range of assets. Despite its limitations in account types and currency options, FBS's strengths in providing competitive trading conditions and comprehensive support make it a commendable broker for a broad spectrum of traders.
Pros and Cons of FBS
Pros
- Regulated by major international organizations.
- Low spreads and commissions.
- Wide range of trading assets.
- Extensive database of educational materials and analytical tools.
- Support for various trading platforms.
Cons
- Limited choice of trading accounts.
- Limited choice of account currency.
FBS is in the top 10 of the following ratings:
Reliability
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2011 | 2007 |
| Regulated in Countries | Latvia | Belize, Cyprus, Australia, South Africa |
| Regulators | FCMC FCMC | BFSC BFSC CySEC CySEC ASIC ASIC FSCA FSCA |
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.
FBS
FBS is a reliable and regulated broker, overseen by several international bodies, ensuring client security and transparency.
Account Opening
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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Dukascopy Europe
Opening an account with Dukascopy Europe is convenient and fast, with clear instructions and quick verification.
FBS
The account opening process at FBS is fast, clear, and relatively simple, although the verification procedure may take some time.
Account Types
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Account Types | 2.8/5 | 3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0.7 points |
| Max Leverage | 1:30 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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.
FBS
FBS offers only one trading account but with additional services.
Pros
- Availability of demo accounts for practice.
- The possibility of automated trading.
Cons
- Lack of investment accounts (PAMM, copy trading).
- Insufficient variety of trading accounts.
Commissions
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Commissions | 3.5/5 | 3.5/5 |
| Spread | from 0.1 points | from 0.7 points |
| Average Spread (EURUSD) | 0.3 | 0.9 |
| Commission per Lot | $3.78 |
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.
FBS
FBS's commissions are average for the market.
Pros
- Low spreads.
Cons
- Possible withdrawal fees in the absence of trading activity.
Deposit and Withdrawal
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Rating | 2.5/5 | 5/5 |
| Account Funding Methods |
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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.
FBS
FBS offers many deposit and withdrawal methods with high flexibility and accessibility.
Markets and Products
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Markets and Products | 4.5/5 | 4/5 |
| Forex | 59 | 43 |
| Precious Metals | 5 | 8 |
| Energy Carriers | 4 | 3 |
| Soft Commodities | 6 | - |
| Indices | 21 | 11 |
| Stocks | 1081 | 480 |
| ETF | 51 | - |
| Bonds | 3 | - |
| Cryptocurrency | 18 | 5 |
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.
FBS
FBS provides a broad spectrum of trading assets, albeit with a limited selection of stocks and cryptocurrencies.
Trading Platforms
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Trading Platforms |
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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.
FBS
FBS has a wide choice of trading platforms, meeting the needs of different traders.
Analytics
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Rating | 1/5 | 5/5 |
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.
FBS
FBS offers extensive and high-quality analytical tools that contribute to effective trading.
Education
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Rating | 3/5 | 5/5 |
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.
FBS
FBS provides comprehensive educational materials suitable for traders at all levels.
Customer Support
| Broker | Dukascopy Europe | FBS |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Messenger
Viber
Line
Telegram
Whatsapp
Facebook
InstagramDukascopy 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.
FBS
The technical support of FBS operates 24/7, is multilingual, and offers prompt problem resolution.
