Our ForexBrokers.com team spent seven months and hundreds of hours assessing 43 different forex broker accounts
for trading FX. In total, over 6,000 data points were collected. For this review, we will compare Dukascopy vs easyMarkets.
To start this comparison, first, we will take a look at the fees charged for trading forex. It's important to note this is no easy task. Not every broker shares their average spreads, spreads can be fixed or variable (floating), execution policies differ, and brokers can act as market makers (dealers) or act as agents for execution. To simplify things, we analyzed everything for you and provide a single star rating for cost. Dukascopy's score is 4.50 stars versus easyMarkets's 3.00 stars.
Cost aside, we can now turn our focus to regulation alongside currency availability. For regulation, it's very important to select a broker you can trust with your money. Dukascopy alongside easyMarkets are regulated in a major hub. Dukascopy nor easyMarkets are publicly traded companies. How many currency pairs are available to trade? easyMarkets boasts an offering of 97 different currency pairs compared to Dukascopy's 64 available pairs.
To round out our comparison, let's look at the popular tools and features forex traders prefer. For platforms, some FX traders prefer MetaTrader. Both Dukascopy and easyMarkets offer Meta Trader. Within the trading platform, charting should be robust, so we counted the number of drawing tools and total technical indicators made available. Both Dukascopy and easyMarkets provide clients with access to 31 total charting tools. Dukascopy and easyMarkets offer the same number of indicators (eg, volume), 51.
Overall, both Dukascopy and easyMarkets hold a 4.00 star rating. And, when it comes to individual category awards, Dukascopy was rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading in 2018, while easyMarkets was rated none of these.