Dukascopy Europe vs IFC Markets 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 IFC Markets
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| Rating | 3.8/5 | 4.3/5 |
| Foundation Year | 2011 | 2005 |
| Regulated in Countries | Latvia | British Virgin Islands, Malaysia |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0.4 points |
| Max Leverage | 1:30 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Dukascopy Europe Review | IFC Markets 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.
IFC Markets is suitable for traders looking for various trading instruments and platforms but may not be ideal for those who require an ECN account.
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.
IFC Markets Review
IFC Markets is a reliable and licensed broker, offering a broad spectrum of trading instruments and platforms for investors of various experience levels. With multilingual support and extensive educational resources, the company aims to provide its clients with a comfortable and efficient trading environment.
IFC Markets could be a suitable choice for investors seeking a variety of trading instruments and platforms.
Pros and Cons of IFC Markets
Pros
- A wide range of trading assets.
- Variety of trading platforms.
- Educational materials for traders of all experience levels.
- Tools for creating synthetic tools are available.
Cons
- High swaps.
IFC Markets is in the top 10 of the following ratings:
Reliability
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| Reliability | 5/5 | 4.2/5 |
| Foundation Year | 2011 | 2005 |
| Regulated in Countries | Latvia | British Virgin Islands, Malaysia |
| Regulators | FCMC FCMC | BVIFSC BVIFSC LFSA LFSA |
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.
IFC Markets
The broker demonstrates high reliability, confirmed by multi-jurisdictional regulation and professional indemnity insurance.
Pros
- Multi-jurisdictional regulation.
- Insurance against professional liability.
Cons
- Lack of regulation in countries with stricter requirements.
Account Opening
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| 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.
IFC Markets
Opening an account with IFC Markets is relatively simple and convenient.
Account Types
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| Account Types | 2.8/5 | 4.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0.4 points |
| Max Leverage | 1:30 | 1:400 |
| 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.
IFC Markets
IFC Markets offers a good selection of accounts that meet the requirements of various categories of traders, though there are some limitations.
Pros
- A wide selection of trading accounts.
- Swap-free accounts for Islamic traders.
- PAMM accounts available.
Cons
- Absence of STP and ECN accounts.
Commissions
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| Commissions | 3.5/5 | 3/5 |
| Spread | from 0.1 points | from 0.4 points |
| Average Spread (EURUSD) | 0.3 | 1.4 |
| 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.
IFC Markets
IFC Markets offers competitive spreads, but high swaps can make long-term trading difficult.
Deposit and Withdrawal
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| Rating | 2.5/5 | 4.5/5 |
| 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.
IFC Markets
IFC Markets provides numerous methods for depositing and withdrawing funds without additional commissions, ensuring convenience and savings for traders.
Pros
- Wide choice of deposit and withdrawal methods.
- No broker commissions on financial transactions.
Cons
- Withdrawals can only be made through the same method as deposits.
- Withdrawal requests may take up to 2 business days to process.
Markets and Products
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 59 | 53 |
| Precious Metals | 5 | 7 |
| Energy Carriers | 4 | 4 |
| Soft Commodities | 6 | 16 |
| Indices | 21 | 12 |
| Stocks | 1081 | 461 |
| ETF | 51 | 4 |
| Bonds | 3 | - |
| Cryptocurrency | 18 | 14 |
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.
IFC Markets
IFC Markets offers extensive financial instruments, providing flexibility for traders' diverse strategies.
Trading Platforms
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| 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.
IFC Markets
The IFCM platforms include MT4, MT5, and the proprietary NetTradeX terminal, offering a broad selection with advanced features.
Analytics
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| Rating | 1/5 | 4.5/5 |
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.
IFC Markets
IFCM provides a comprehensive analytical toolkit but lacks automated updates for economic news and some tools for self-analysis.
Education
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| 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.
IFC Markets
The wealth and quality of educational resources presented by IFCM set the broker apart from competitors.
Customer Support
| Broker | Dukascopy Europe | IFC Markets |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Skype
Telegram
Whatsapp
Messenger
Facebook
Instagram
Twitter
LinkedInDukascopy 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.
IFC Markets
Customers highly rate the technical support of IFC Markets for its rapid and professional service, though it is unavailable 24/7.
