After spending seven months and hundreds of hours researching 43 different forex brokers
for trading FX, our team at ForexBrokers.com team collected over 6,000 data points. For this review, we will compare Dukascopy vs Forex.com (GAIN Capital).
To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. Both Dukascopy and Forex.com (GAIN Capital) share a rating of 4.50 stars.
Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Both Dukascopy and Forex.com (GAIN Capital) are regulated in a major hub. Forex.com (GAIN Capital) is a publicly traded company while Dukascopy is not. As far as how many currency pairs are available for trading, here's the answer. Forex.com (GAIN Capital) offers its clients access to 84 different currency pairs while Dukascopy has 64 available pairs, a difference of 20.
Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. Dukascopy and Forex.com (GAIN Capital) both offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. Dukascopy and Forex.com (GAIN Capital) offer the same number of charting tools, 31. Dukascopy and Forex.com (GAIN Capital) offer the same number of indicators (eg, volume), 51.
Overall, both Dukascopy and Forex.com (GAIN Capital) hold a 4.50 star rating. And, when it comes to individual category awards, Forex.com (GAIN Capital) posted awards Best in Class - Research and Best in Class - Investor Education in 2018, while Dukascopy found itself with Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Active Trading.