Broker comparison

Dukascopy Europe vs OANDA Comparison

Compare trading conditions, commissions and platforms of Forex brokers Dukascopy Europe and OANDA. Find out which broker is best for you.

VS summaryScores and ranking at a glance
Dukascopy Europe
Rating
3.8/5
Rank
#60
Register

71.03% of retail investors lose money when trading CFDs with this broker

OANDAHigher ranked
Rating
4.3/5
Rank
#30
Register

71-76.6% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

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 OANDA?

Quick comparison

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.

Methodology

Ratings and ranks

OANDA ranks higher in the editorial ranking.
Dukascopy Europe
Rating: 3.8/5Rank: #60
OANDA
Rating: 4.3/5Rank: #30

Dukascopy Europe

Minimum deposit · USD
100 USD
Different platforms
  • JForex
Different markets
  • ETF
  • Bonds

OANDA

Minimum deposit · USD
1 USD
Different platforms
  • MetaTrader 5
  • TradingView
  • fxTrade
Different markets
None listed

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of Dukascopy Europe and OANDA

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 7 of 7 parametersShowing 7 of 7 parameters

Overview: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Foundation Year
2011
2001
Regulated in Countries
Latvia
United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland
Minimum Deposit
  • 100 USD
  • 1 AUD
  • 1 CHF
  • 1 EUR
  • 1 HKD
  • 1 SGD
  • 1 USD
Spread
from 0.1 points
from 0.5 points
Max Leverage
1:30
1:200
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 5
  • MetaTrader 4
  • TradingView
  • fxTrade
Review

Dukascopy Europe Review

Dukascopy Europe Logo
Register71.03% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4JForex

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

  1. Wide choice of trading assets.
  2. Quality trading platforms.
  3. Round-the-clock customer support.

Cons

  1. Average level of commissions.
  2. Limited methods for deposit and withdrawal.
  3. Limited analytics.

OANDA Review

OANDA Logo
Register71-76.6% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4TradingViewfxTrade

Oanda is an excellent choice for traders seeking a reliable and regulated broker with competitive spreads and various trading assets.

With quality analytics and diverse educational materials, Oanda suits beginners and experienced traders.

Pros and Cons of OANDA

Pros

  1. Tight spreads.
  2. Diverse markets and products.
  3. Advanced trading platforms.
  4. Quality analytics.
  5. Extensive learning section.

Cons

  1. Limited trading account types.
  2. Inactivity fee.
  3. High swaps.

Reliability

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Reliability: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Reliability
5/5
5/5
Foundation Year
2011
2001
Regulated in Countries
Latvia
United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland
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.

OANDA

Oanda demonstrates a high level of reliability, evidenced by licenses from the world's leading regulators.

Account Opening

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Account Opening: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Account Opening
5/5
4.5/5
Minimum Deposit
  • 100 USD
  • 1 USD
  • 1 EUR
  • 1 AUD
  • 1 CHF
  • 1 SGD
  • 1 HKD

Dukascopy Europe

Opening an account with Dukascopy Europe is convenient and fast, with clear instructions and quick verification.

OANDA

Oanda offers a straightforward and structured registration process, ensuring convenience for clients.

Pros

  1. Clearly structured registration process.
  2. No minimum deposit, offering flexibility for traders.

Cons

  1. Additional documents may be required in some cases.
  2. Document verification can take from 1 to 2 working days.

Account Types

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 9 of 9 parametersShowing 9 of 9 parameters

Account Types: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Account Types
2.8/5
3/5
Trading Accounts
  • ECN
  • Standard
  • Swap Free
Minimum Deposit
  • 100 USD
  • 1 USD
  • 1 EUR
  • 1 AUD
  • 1 CHF
  • 1 SGD
  • 1 HKD
Spread
from 0.1 points
from 0.5 points
Max Leverage
1:30
1:200
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 5
  • MetaTrader 4
  • TradingView
  • fxTrade
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

Dukascopy Europe

Dukascopy Europe limits options by offering only an ECN account, which may not satisfy all traders.

Pros

  1. Availability of an Islamic account.
  2. ECN account available.
  3. Demo account available.

Cons

  1. Lack of cent and PAMM accounts.
  2. No accounts with fixed spreads.
  3. Limited variety for experienced traders.

OANDA

Oanda provides various trading accounts, but some specialized types are missing.

Pros

  1. Standard accounts are available.
  2. Demo accounts are offered.
  3. Swap Free accounts are available for traders following Islamic principles.

Cons

  1. Cent accounts are missing.
  2. No fixed spread accounts.
  3. No investment accounts are available.

Commissions

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Commissions: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Commissions
3.5/5
3.5/5
Spread
from 0.1 points
from 0.5 points
Average Spread (EURUSD)
0.3
0.8
Commission
per $1M turnover$35.00
No data

Dukascopy Europe

Dukascopy Europe's commissions are at an average level, with flexibility for large traders.

Pros

  1. Flexible commission depending on volume.
  2. Competitive swaps.

Cons

  1. Inactivity fee.

OANDA

Oanda's fees are moderate, making this broker competitive.

Pros

  1. No fees for deposits and withdrawals.
  2. Low spreads on major currency pairs.

Cons

  1. Inactivity fee is charged.
  2. Swaps may be high for some currency pairs.

Deposit and Withdrawal

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Deposit and Withdrawal: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Rating
2.5/5
4/5
Account Funding Methods
  • Swift
  • SEPA
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Swift
  • Visa
  • Mastercard

Dukascopy Europe

Limited deposit and withdrawal methods with some fees.

Pros

  1. No deposit fee.
  2. Support for major currencies.

Cons

  1. Lack of electronic wallets and cryptocurrencies.
  2. Withdrawal fee.
  3. Undisclosed withdrawal times.

OANDA

Oanda offers flexible conditions for depositing and withdrawing funds, but payment system commissions and currency conversion costs may apply.

Pros

  1. The broker does not charge a fee for deposits and withdrawals.
  2. A wide selection of payment systems is available.
  3. No restrictions on the amounts of deposits and withdrawals.

Cons

  1. High commission fees for certain methods by payment systems.
  2. Withdrawal request processing time may be long.
  3. Cryptocurrencies are not available as a payment method.

Markets and Products

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 10 of 10 parametersShowing 10 of 10 parameters

Markets and Products: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Markets and Products
4.5/5
4.4/5
Forex
59
48
Precious Metals
5
3
Energy Carriers
4
3
Soft Commodities
6
4
Indices
21
18
Stocks
1081
1607
ETF
51
-
Bonds
3
-
Cryptocurrency
18
18

Dukascopy Europe

The broker offers a wide range of markets and products, satisfying various traders' needs.

Pros

  1. Large selection of currency pairs and CFDs.
  2. Access to cryptocurrencies and ETFs.
  3. Variety of commodities.

Cons

  1. Relatively low leverage.

OANDA

Oanda offers an extensive set of markets and products, making it a versatile choice for traders of different levels.

Pros

  1. A wide range of currency pairs.
  2. A large selection of stocks and indices.
  3. Access to cryptocurrency trading.

Cons

  1. Maximum leverage is only up to 1:200.

Trading Platforms

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Trading Platforms: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Rating
4.5/5
5/5
Trading Platforms
  • MetaTrader 4
  • JForex
  • MetaTrader 5
  • MetaTrader 4
  • TradingView
  • fxTrade

Dukascopy Europe

Conclusion: The broker offers highly functional JForex and MT4 platforms, ensuring flexibility and convenience.

Pros

  1. Extensive functionality of JForex.
  2. Availability of the popular MT4.
  3. Versions for desktop and mobile devices.

Cons

  1. Limited choice of platforms.

OANDA

Oanda provides high-quality trading platforms with deep functionality and integration with TradingView.

Pros

  1. Access to classic platforms MT4 and MT5.
  2. The fxTrade mobile app with integration with MT5.
  3. Integration with TradingView.

Cons

  1. No MetaTrader alternatives for desktop devices.

Analytics

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 1 of 1 parametersShowing 1 of 1 parameters

Analytics: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Rating
1/5
5/5

Dukascopy Europe

The broker's analytics are limited, only currency rates are provided.

Pros

  1. Up-to-date currency rates.

Cons

  1. Lack of expert analysis.
  2. No signals and complex analysis tools.

OANDA

The Oanda broker's analytical section offers many tools that help traders make informed decisions.

Education

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 1 of 1 parametersShowing 1 of 1 parameters

Education: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Rating
3/5
4.5/5

Dukascopy Europe

DE's educational materials are useful for beginners but limited in variety.

Pros

  1. Video tutorials on the basics.

Cons

  1. Lack of advanced materials.
  2. Seminars and webinars are not currently conducted.

OANDA

Oanda provides an extensive range of educational resources, catering to new and experienced traders, focusing on leveraged trading.

Pros

  1. Comprehensive coverage of fundamental and technical analysis.
  2. Variety of resources including webinars, workshops, and live market analysis.
  3. Free access to premium content for live account holders.

Cons

  1. Some advanced topics may not be covered in depth.

Customer Support

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Customer Support: comparison of Dukascopy Europe, OANDA
BrokerDukascopy EuropeOANDA
Rating
4.5/5
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

  1. 24/7 support.
  2. Multiple communication channels (phone, chat, email).
  3. Positive feedback from traders.

Cons

  1. No messengers for communication with support.

OANDA

Oanda's technical support provides extensive communication options and round-the-clock service, ensuring the professionalism and efficiency of the solutions provided.

Comparisons of Dukascopy Europe and OANDA with other brokers

Conclusion

When choosing between OANDA 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 OANDA?

OANDA 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 OANDA?

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 OANDA?

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 OANDA?

Dukascopy Europe: MetaTrader 4, JForex. OANDA: MetaTrader 5, MetaTrader 4, TradingView, fxTrade. See the “Platforms” section for details and selection tips.

What markets can you trade with Dukascopy Europe and OANDA?

Dukascopy Europe: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. OANDA: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by Dukascopy Europe and OANDA?

Dukascopy Europe: ECN. OANDA: Standard, Swap Free. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Dukascopy Europe and OANDA?

Dukascopy Europe: Swift, SEPA, Visa, Mastercard. OANDA: Skrill, Neteller, Swift, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — Dukascopy Europe or OANDA — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

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.