Dukascopy Europe vs FOREX.com 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 FOREX.com
| Broker | Dukascopy Europe | FOREX.com |
|---|---|---|
| Rating | 3.8/5 | 4.1/5 |
| Foundation Year | 2011 | 2000 |
| Regulated in Countries | Latvia | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:30 | 1:50 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Dukascopy Europe Review | FOREX.com 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.
FOREX.com is suitable for traders of all levels due to its reliability, wide range of assets, and excellent customer service.
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.
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 Europe | FOREX.com |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2011 | 2000 |
| Regulated in Countries | Latvia | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia |
| Regulators | FCMC FCMC | CIMA CIMA FCA FCA CIRO CIRO CySEC CySEC NFA NFA CFTC CFTC SFC SFC JFSA JFSA MAS MAS ASIC ASIC |
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.
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 Europe | FOREX.com |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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Dukascopy Europe
Opening an account with Dukascopy Europe is convenient and fast, with clear instructions and quick verification.
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 Europe | FOREX.com |
|---|---|---|
| Account Types | 2.8/5 | 3.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:30 | 1:50 |
| 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.
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 Europe | FOREX.com |
|---|---|---|
| Commissions | 3.5/5 | 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 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.
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 Europe | FOREX.com |
|---|---|---|
| Rating | 2.5/5 | 4.3/5 |
| 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.
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 Europe | FOREX.com |
|---|---|---|
| Markets and Products | 4.5/5 | 4.5/5 |
| Forex | 59 | 91 |
| Precious Metals | 5 | 16 |
| Energy Carriers | 4 | 14 |
| Soft Commodities | 6 | 22 |
| Indices | 21 | 54 |
| Stocks | 1081 | 5500 |
| ETF | 51 | 318 |
| Bonds | 3 | 14 |
| Cryptocurrency | 18 | 12 |
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.
FOREX.com
Although its leverage is relatively low, FOREX.com offers an extensive selection of markets and products.
Trading Platforms
| Broker | Dukascopy Europe | FOREX.com |
|---|---|---|
| Rating | 4.5/5 | 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.
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 Europe | FOREX.com |
|---|---|---|
| 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.
FOREX.com
Analytics at FOREX.com is a powerful tool for traders, providing extensive information and in-depth market analysis.
Education
| Broker | Dukascopy Europe | FOREX.com |
|---|---|---|
| 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.
FOREX.com
FOREX.com offers a rich educational program suitable for all levels of traders, enhancing the user experience.
Customer Support
| Broker | Dukascopy Europe | FOREX.com |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Facebook
TwitterDukascopy 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.
FOREX.com
FOREX.com provides excellent technical support with fast and professional service, available 24/7.
