Dukascopy Europe vs FXOpen Comparison
Compare trading conditions, commissions and platforms of Forex brokers Dukascopy Europe and FXOpen. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Dukascopy Europe or FXOpen?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
Dukascopy Europe
- Minimum deposit · USD
- 100 USD
- Different platforms
- JForex
- Different markets
- Soft Commodities
- Bonds
- Cent account
- No
FXOpen
- Minimum deposit · USD
- 1 USD
- Different platforms
- MetaTrader 5
- TickTrader
- TradingView
- Different markets
- None listed
- Cent account
- Yes
Comparison Table of Dukascopy Europe and FXOpen
Swipe the table left or right to view all data.
| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| Foundation Year | 2011 | 2005 |
| Regulated in Countries | Latvia | United Kingdom, Cyprus, Australia |
| Minimum Deposit |
|
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:30 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Dukascopy Europe Review | FXOpen Review |
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.
FXOpen Review
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
- Wide range of trading assets.
- Low spreads and commissions.
- Support for various trading platforms.
Cons
- Lack of educational materials.
FXOpen is in the top 10 of the following ratings:
Reliability
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| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2011 | 2005 |
| Regulated in Countries | Latvia | United Kingdom, Cyprus, Australia |
| Regulators |
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.
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
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| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| Account Opening | 5/5 | 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.
FXOpen
FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.
Account Types
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| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| Account Types | 2.8/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
|
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:30 | 1:500 |
| 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.
FXOpen
FxOpen offers a wide selection of trading accounts and additional services.
Commissions
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| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| Commissions | 3.5/5 | 3/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 0.3 | 1.2 |
| Commission | per $1M turnover$35.00 | per 1 lot$3.50 |
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.
FXOpen
FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.
Deposit and Withdrawal
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| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| Rating | 2.5/5 | 4.2/5 |
| 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.
FXOpen
FxOpen offers a variety of deposit and withdrawal methods.
Pros
- A large selection of payment systems and cryptocurrencies.
- Fast processing of withdrawal requests.
Cons
- No bank transfer option.
- High commissions for credit cards from the provider.
Markets and Products
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| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| Markets and Products | 4.5/5 | 4.6/5 |
| Forex | 59 | 66 |
| Precious Metals | 5 | 3 |
| Energy Carriers | 4 | 3 |
| Soft Commodities | 6 | - |
| Indices | 21 | 12 |
| Stocks | 1081 | 553 |
| ETF | 51 | 56 |
| Bonds | 3 | - |
| Cryptocurrency | 18 | 41 |
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.
FXOpen
FxOpen offers a good selection of assets but without soft commodities.
Trading Platforms
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| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| 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.
FXOpen
FXOpen offers a wide range of trading platforms, catering to different types of traders.
Analytics
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| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| Rating | 1/5 | 4/5 |
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.
FXOpen
FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.
Education
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| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| Rating | 3/5 | 2/5 |
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.
FXOpen
FXOpen invests little in trader education, offering only basic articles and a glossary of terms.
Customer Support
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| Broker | Dukascopy Europe | FXOpen |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
Dukascopy 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.
FXOpen
FXOpen offers reliable support, and a variety of communication channels adds flexibility.
Comparisons of Dukascopy Europe and FXOpen with other brokers
Conclusion
When choosing between FXOpen and Dukascopy Europe, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: Dukascopy Europe or FXOpen?
FXOpen ranks higher than Dukascopy Europe in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: Dukascopy Europe or FXOpen?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — Dukascopy Europe or FXOpen?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Dukascopy Europe and FXOpen?
Dukascopy Europe: MetaTrader 4, JForex. FXOpen: MetaTrader 4, MetaTrader 5, TickTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with Dukascopy Europe and FXOpen?
Dukascopy Europe: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. FXOpen: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Dukascopy Europe and FXOpen?
Dukascopy Europe: ECN. FXOpen: STP, ECN, Micro, Crypto. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Dukascopy Europe and FXOpen?
Dukascopy Europe: Swift, SEPA, Visa, Mastercard. FXOpen: WebMoney, Volet, FasaPay, Visa, Mastercard, JCB, Discover. Check method-specific fees/settlement times.
Which broker is safer — Dukascopy Europe or FXOpen — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
