ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure
FxPro vs Dukascopy 2019
Is Dukascopy better than FxPro? After grading forex brokers on nearly 100 different variables, Dukascopy is better than FxPro. Thanks to its JForex platform suite, Dukascopy provides forex traders industry leading trading tools and market research, which includes our favorite mobile app for 2019. Customer service and a narrow offering are the only weak spots in an otherwise great offering.
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.
|
|
|
Overall Rating
| Feature | FxPro | Dukascopy |
| Overall | ||
| FxPro Review | Dukascopy Review | |
| 79% of retail CFD accounts lose money | 74-89% of retail CFD accounts lose money |
Regulation
| Feature | FxPro | Dukascopy |
| Trust Score | 89 | 84 |
|
Year Founded |
2006 | 2004 |
|
Publicly Traded (Listed) |
No | No |
|
Bank |
No | Yes |
|
Tier-1 Licenses |
1 | 2 |
|
Tier-2 Licenses |
3 | 0 |
|
Tier-3 Licenses |
0 | 0 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses
| Feature | FxPro | Dukascopy |
|
ASIC Authorised (Australia) |
No | No |
|
IIROC Authorised (Canada) |
No | No |
|
SFC Authorised (Hong Kong) |
No | No |
|
FSA Authorised (Japan) |
No | Yes |
|
MAS Authorised (Singapore) |
No | No |
|
FINMA Authorised (Switzerland) |
No | Yes |
|
FCA Authorised (UK) |
Yes | Yes |
|
CFTC Registered (USA) |
No | No |
Tier-2 Licenses
| Feature | FxPro | Dukascopy |
|
CBRC Authorised (China) |
No | No |
|
CySEC Authorised (Cyprus) |
Yes | No |
|
ISA Authorised (Israel) |
No | No |
|
FMA Authorised (New Zealand) |
No | No |
|
CBR Authorised (Russia) |
No | No |
|
FSB Authorised (South Africa) |
Yes | No |
|
SEC Authorised (Thailand) |
No | No |
|
DFSA / Central Bank Authorised (UAE) |
Yes | No |
Tier-3 Licenses
| Feature | FxPro | Dukascopy |
|
FSC Authorised (British Virgin Islands) |
No | No |
|
FSC Authorised (Mauritius) |
No | No |
|
Offshore Authorised |
No | No |
Investments
| Feature | FxPro | Dukascopy |
|
Forex: Spot Trading |
Yes | Yes |
|
Currency Pairs (Total Forex pairs) |
70 | 64 |
|
CFDs - Total Offered |
215 | 357 |
|
Cryptocurrency traded as actual |
No | No |
|
Cryptocurrency traded as CFD |
Yes | No |
| Offering of Investments | ||
| Winner | check_circle |
Cost
| Feature | FxPro | Dukascopy |
|
Average Spread EUR/USD - Standard |
1.2 (as of Oct 18) | 1.02 (as of Q4 18) |
|
All-in Cost EUR/USD - Active |
1.35 (as of Oct 18) | 0.42 (as of Q4 18) |
|
Active Trader or VIP Discounts |
Yes | Yes |
| Commissions & Fees | ||
| Winner | check_circle |
Funding
| Feature | FxPro | Dukascopy |
|
Minimum Initial Deposit |
$100.00 | $100.00 |
|
Bank Wire (Deposit/Withdraw) |
Yes | Yes |
|
Visa/Mastercard (Credit/Debit) |
Yes | No |
|
PayPal (Deposit/Withdraw) |
Yes | No |
|
Skrill (Deposit/Withdraw) |
Yes | No |
Trading Platforms
| Feature | FxPro | Dukascopy |
|
Proprietary Platform |
No | Yes |
|
Desktop Platform (Windows) |
Yes | Yes |
|
Web Platform |
Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes |
|
MetaTrader 4 (MT4) |
Yes | Yes |
|
MetaTrader 5 (MT5) |
Yes | No |
|
cTrader |
Yes | No |
Trading Tools
| Feature | FxPro | Dukascopy |
|
Virtual Trading (Demo) |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
|
Watchlists - Total Fields |
7 | 7 |
|
Charting - Indicators / Studies (Total) |
51 | 51 |
|
Charting - Drawing Tools (Total) |
31 | 31 |
|
Charting - Trade From Chart |
Yes | Yes |
|
Charting - Drawings Autosave |
Yes | Yes |
|
Order Type - Trailing Stop |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Mobile Trading
| Feature | FxPro | Dukascopy |
|
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 |
Yes | No |
|
Charting - Indicators / Studies |
30 | 30 |
|
Charting - Draw Trend Lines |
Yes | Yes |
|
Charting - Trend Lines Moveable |
Yes | Yes |
|
Charting - Multiple Time Frames |
Yes | Yes |
|
Charting - Drawings Autosave |
No | Yes |
|
Forex Calendar |
No | Yes |
| Mobile Trading | ||
| Winner | check_circle |
Research
| Feature | FxPro | Dukascopy |
|
Daily Market Commentary |
Yes | Yes |
|
Forex News (Top-Tier Sources) |
Yes | Yes |
|
Weekly Webinars |
No | Yes |
|
AutoChartist |
No | No |
|
Trading Central (Recognia) |
Yes | No |
|
Delkos Research |
No | No |
|
Social Trading / Copy-Trading |
Yes | Yes |
|
Social Sentiment - Currency Pairs |
Yes | Yes |
|
Economic Calendar |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Education
| Feature | FxPro | Dukascopy |
|
Has Education - Forex |
Yes | No |
|
Has Education - CFDs |
No | No |
|
Client Webinars |
Yes | Yes |
|
Client Webinars (Archived) |
Yes | Yes |
|
Videos - Beginner Trading Videos |
Yes | Yes |
|
Videos - Advanced Trading Videos |
Yes | Yes |
|
Investor Dictionary (Glossary) |
Yes | No |
|
Tutorials/Guide (PDF or Interactive) |
Yes | Yes |
| Education | ||
| Winner | check_circle |
Major Forex Pairs
| Feature | FxPro | Dukascopy |
|
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 |
|
USDCNH (or CNHUSD) |
Yes | Yes |
|
USDSGD (or SGDUSD) |
Yes | Yes |
Overall
| Feature | FxPro | Dukascopy |
| FxPro Review | Dukascopy Review | |
| Overall | ||
| Winner | check_circle |
Our ForexBrokers.com team spent several months and hundreds of hours assessing 28 different forex broker accounts for trading FX. In total, over 2,200 data points were collected. For this review, we will compare Dukascopy vs FxPro.
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's score is 4.50 stars versus FxPro'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. Both Dukascopy and FxPro are regulated in a major hub. Dukascopy nor FxPro are publicly traded companies. How many currency pairs are available to trade? FxPro offers its clients access to 70 different currency pairs while Dukascopy has 64 available pairs, a difference of 6.
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 alongside FxPro 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. Both Dukascopy and FxPro provide clients with access to 31 total charting tools. Both brokers offer clients access to the same number of indicators (eg, moving averages), 51.
Dukascopy Review
FxPro Review
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's score is 4.50 stars versus FxPro'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. Both Dukascopy and FxPro are regulated in a major hub. Dukascopy nor FxPro are publicly traded companies. How many currency pairs are available to trade? FxPro offers its clients access to 70 different currency pairs while Dukascopy has 64 available pairs, a difference of 6.
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 alongside FxPro 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. Both Dukascopy and FxPro provide clients with access to 31 total charting tools. Both brokers offer clients access to the same number of indicators (eg, moving averages), 51.
Dukascopy Review
FxPro Review
Trading CFDs, FX, and cryptocurrencies involves 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 02/18/2019 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.
