FxPro vs Dukascopy Review

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 FxPro.

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. Dukascopy's score is 4.50 stars versus FxPro's 4.00 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. Dukascopy and FxPro both are regulated in a major hub. Neither Dukascopy and FxPro are publicly traded companies. As far as how many currency pairs are available for trading, here's the answer. FxPro offers its clients access to 70 different currency pairs while Dukascopy has 64 available pairs, a difference of 6.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. Dukascopy alongside FxPro 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. Both brokers offer clients access to the same number of charting tools, 31. Dukascopy and FxPro offer the same number of indicators (eg, volume), 51.

Overall, Dukascopy comes out on top with 4.50 stars over FxPro's 4.00 stars. And, when it comes to individual category awards, Dukascopy posted awards Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Active Trading in 2018, while FxPro found itself with none of these.