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Alpari vs Dukascopy 2019

ForexBrokers.com

Is Alpari better than Dukascopy? After scoring forex brokers on nearly 100 different variables, Dukascopy is better than Alpari. Thanks to its JForex platform suite, Dukascopy provides forex traders industry leading trading tools and market research, which includes our favorite mobile app for 2019. Customer service and a narrow offering are the only weak spots in an otherwise great offering.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Alpari Dukascopy
Overall 3.5 4
Alpari Review Dukascopy Review
74-89% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature Alpari Dukascopy
Trust Score 69 84
Year Founded
1998 2004
Publicly Traded (Listed)
No No
Bank
No Yes
Tier-1 Licenses
0 2
Tier-2 Licenses
0 0
Tier-3 Licenses
2 0
Authorised in the European Union
No Yes

Tier-1 Licenses

Feature Alpari Dukascopy
ASIC Authorised (Australia)
No No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No Yes
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No Yes
FCA Authorised (UK)
No Yes
CFTC Registered (USA)
No No

Tier-2 Licenses

Feature Alpari Dukascopy
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
Yes No
FSB Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No No

Tier-3 Licenses

Feature Alpari Dukascopy
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
Yes No
Offshore Authorised
Yes No

Investments

Feature Alpari Dukascopy
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
48 64
CFDs - Total Offered
16 357
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes No
Offering of Investments 3 3.5
Winner check_circle

Cost

Feature Alpari Dukascopy
Average Spread EUR/USD - Standard
0.92 1.02 (as of Q4 18)
All-in Cost EUR/USD - Active
0.82 0.42 (as of Q4 18)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4 4.5
Winner check_circle

Funding

Feature Alpari Dukascopy
Minimum Initial Deposit
$100.00 $100.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes No
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes No
UnionPay (Deposit/Withdraw)
Yes No

Trading Platforms

Feature Alpari Dukascopy
Proprietary Platform
No Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes No
cTrader
No No

Trading Tools

Feature Alpari Dukascopy
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
51 51
Charting - Drawing Tools (Total)
31 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3 4.5
Winner check_circle

Mobile Trading

Feature Alpari Dukascopy
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
No Yes
Mobile Trading 3.5 4.5
Winner check_circle

Research

Feature Alpari Dukascopy
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
AutoChartist
Yes No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Trading / Copy-Trading
Yes Yes
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes
Research 3.5 4.5
Winner check_circle

Education

Feature Alpari Dukascopy
Has Education - Forex
Yes No
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No Yes
Investor Dictionary (Glossary)
Yes No
Tutorials/Guide (PDF or Interactive)
Yes Yes
Education 3 4
Winner check_circle

Major Forex Pairs

Feature Alpari Dukascopy
GBPUSD (or USDGBP)
Yes Yes
USDJPY (or JPYUSD)
Yes Yes
EURUSD (or USDEUR)
Yes Yes
USDCHF (or CHFUSD)
Yes Yes
USDCAD (or CADUSD)
Yes Yes
NZDUSD (or USDNZD)
Yes Yes
AUDUSD (or USDAUD)
Yes Yes
USDCNH (or CNHUSD)
Yes Yes
USDSGD (or SGDUSD)
No Yes

Overall

Feature Alpari Dukascopy
Alpari Review Dukascopy Review
Overall 3.5 4
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare Alpari vs Dukascopy.

To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Dukascopy's score is 4.50 stars versus Alpari's 4.00 stars.

Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Dukascopy is regulated in a major hub, while Alpari is not. Neither are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. Alpari trails Dukascopy by 16 total currency pairs (for example, EUR/USD), with Dukascopy offering 64 and Alpari offering 48.

To round out our comparison of Alpari vs Dukascopy, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Both Alpari and Dukascopy offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. Both brokers offer clients access to the same number of charting tools, 31. Both brokers offer clients access to the same number of indicators (eg, moving averages), 51.

Alpari Review
Dukascopy Review


Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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