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 ETX Capital .
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 received a rating of 4.50 stars over ETX Capital 's 4.00 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 and ETX Capital both are regulated in a major hub. Neither Dukascopy and ETX Capital are publicly traded companies. How many currency pairs are available to trade? Dukascopy boasts an offering of 64 different currency pairs compared to ETX Capital 's 59 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 ETX Capital 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. Dukascopy and ETX Capital offer the same number of charting tools, 31. Dukascopy and ETX Capital offer the same number of indicators (eg, volume), 51.
Overall, Dukascopy takes the upper hand with 4.50 stars over ETX Capital 's 4.00 stars. And, when it comes to individual category awards, Dukascopy finished with awards Best in Class - Platforms & Tools, Best in Class - Research, Best in Class - Active Trading and Best in Class - Mobile Trading in 2018, while ETX Capital came up with none of these.