ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

Dukascopy vs FOREX.com 2020

Is Dukascopy better than FOREX.com? After testing 30 of the best forex brokers over five months, Dukascopy is better than FOREX.com. Thanks to its JForex platform suite, Dukascopy provides forex traders industry-leading trading tools and market research, which includes our favorite mobile app for 2020. Drawbacks include unreliable customer service and a narrow offering of tradeable markets.



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.

A Global Market Leader! Visit Site
Visit Site

Overall Rating

Feature Dukascopy FOREX.com
Overall 4.5 4.5
Dukascopy Review FOREX.com Review
77.73% of retail CFD accounts lose money 72% of retail CFD accounts lose money

Regulation

Feature Dukascopy FOREX.com
Trust Score 90 93
Year Founded
2004 1999
Publicly Traded (Listed)
No Yes
Bank
Yes No
Tier-1 Licenses
2 4
Tier-2 Licenses
0 0
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses

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

Investments

Feature Dukascopy FOREX.com
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes No
Currency Pairs (Total Forex pairs)
60 91
CFDs - Total Offered
593 4500
Cryptocurrency traded as actual
Yes No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 4 5
Winner check_circle

Cost

Feature Dukascopy FOREX.com
Average Spread EUR/USD - Standard
1.00 (as of Q3 19) 1 (as of Q3 19)
All-in Cost EUR/USD - Active
0.52 (as of Q3 19) 0.7 (as of Q3 18)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4.5 4
Winner check_circle

Funding

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

Trading Platforms

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

Trading Tools

Feature Dukascopy FOREX.com
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
No Yes
Watchlists - Total Fields
4 18
Charting - Indicators / Studies (Total)
291 139
Charting - Drawing Tools (Total)
24 25
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 5 4
Winner check_circle

Mobile Trading

Feature Dukascopy FOREX.com
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 Yes
Charting - Indicators / Studies
46 7
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
Yes Yes
Mobile Trading 5 4
Winner check_circle

Research

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

Education

Feature Dukascopy FOREX.com
Has Education - Forex
No Yes
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes Yes
Investor Dictionary (Glossary)
No Yes
Education 4 4
Winner check_circle

Major Forex Pairs

Feature Dukascopy FOREX.com
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature Dukascopy FOREX.com
Dukascopy Review FOREX.com Review
Overall 4.5 4.5
Winner check_circle

Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare Dukascopy vs FOREX.com.

Does Dukascopy or FOREX.com offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Dukascopy offers better pricing overall for traders.

Is Dukascopy or FOREX.com safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. FOREX.com holds 4 global Tier-1 licenses, while Dukascopy holds 2. Both Dukascopy and FOREX.com hold 0 global Tier-2 licenses. All regulators considered, FOREX.com has a Trust Score of 93.00, while Dukascopy's Trust Score is 90.00.

Which trading platform is better: Dukascopy or FOREX.com?
To compare the trading platforms of both Dukascopy and FOREX.com, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Dukascopy offers a better experience. With research, Dukascopy offers superior market research. Finally, we found Dukascopy to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While Dukascopy offers copy trading, FOREX.com does not. Both Dukascopy and FOREX.com offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
FOREX.com provides traders 91 currency pairs (e.g., EUR/USD) compared to Dukascopy's 60 available pairs. Forex pairs aside, FOREX.com offers traders access to 4500 CFDs while Dukascopy has 593 available CFDs, a difference of 3,907.

Overall, between Dukascopy and FOREX.com, Dukascopy is the better forex broker.

Dukascopy Review
FOREX.com Review

Related Comparisons



Trading CFDs, FX, and cryptocurrencies involve 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 01/20/2020 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.

The names, products, services, branding/logos, and other trademarks or images featured or cited within this Website (www.forexbrokers.com) are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with ForexBrokers.com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses ForexBrokers.com or any of its reviews, products, or services. ForexBrokers.com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.

arrow_drop_upBack to top