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 FOREX.com (GAIN 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. Both Dukascopy and FOREX.com (GAIN Capital) hold a 4.50 star rating.
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 FOREX.com (GAIN Capital) are regulated in a major hub. FOREX.com (GAIN Capital) is a publicly traded company while Dukascopy is not. How many currency pairs are available to trade? FOREX.com (GAIN Capital) boasts an offering of 84 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. Dukascopy and FOREX.com (GAIN Capital) both 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. FOREX.com (GAIN Capital) trails Dukascopy by 9 total charting tools, with Dukascopy offering 31 and FOREX.com (GAIN Capital) offering 22. FOREX.com (GAIN Capital) offers its clients access to 139 different indicators (for example, volume) while Dukascopy has 51 available indicators, a difference of 88.
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) finished with awards Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Investor Education in 2018, while Dukascopy came up with Best in Class - Platforms & Tools, Best in Class - Research, Best in Class - Active Trading and Best in Class - Mobile Trading.