menu

Best Overall

Copy Trading Brokers

MetaTrader Brokers

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

Dukascopy vs ICM Capital 2019

ForexBrokers.com

Is Dukascopy better than ICM Capital? After assessing forex brokers on nearly 100 different variables, Dukascopy is better than ICM Capital. 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 Dukascopy ICM Capital
Overall 4 3.5
Dukascopy Review ICM Capital Review
74-89% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature Dukascopy ICM Capital
Trust Score 84 60
Year Founded
2004 2009
Publicly Traded (Listed)
No No
Bank
Yes No
Tier-1 Licenses
2 0
Tier-2 Licenses
0 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

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

Tier-2 Licenses

Feature Dukascopy ICM Capital
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSB Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No No

Tier-3 Licenses

Feature Dukascopy ICM Capital
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No
Offshore Authorised
No No

Investments

Feature Dukascopy ICM Capital
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
64 32
CFDs - Total Offered
357 36
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
No No
Offering of Investments 3.5 3
Winner check_circle

Cost

Feature Dukascopy ICM Capital
Average Spread EUR/USD - Standard
1.02 (as of Q4 18) 1.3 (as of May 19)
All-in Cost EUR/USD - Active
0.42 (as of Q4 18) 0.9 (as of May 19)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4.5 3.5
Winner check_circle

Funding

Feature Dukascopy ICM Capital
Minimum Initial Deposit
$100.00 $200.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
No Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
No No
UnionPay (Deposit/Withdraw)
No No

Trading Platforms

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

Trading Tools

Feature Dukascopy ICM Capital
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 4.5 3
Winner check_circle

Mobile Trading

Feature Dukascopy ICM Capital
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes No
Trading - CFDs
Yes No
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes No
Mobile Trading 4.5 3.5
Winner check_circle

Research

Feature Dukascopy ICM Capital
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
No No
Trading Central (Recognia)
No Yes
Delkos Research
No No
Social Trading / Copy-Trading
Yes Yes
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes Yes
Research 4.5 3
Winner check_circle

Education

Feature Dukascopy ICM Capital
Has Education - Forex
No No
Has Education - CFDs
No No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
No Yes
Tutorials/Guide (PDF or Interactive)
Yes No
Education 4 1.5
Winner check_circle

Major Forex Pairs

Feature Dukascopy ICM Capital
GBPUSD (or USDGBP)
Yes Yes
USDJPY (or JPYUSD)
Yes Yes
EURUSD (or USDEUR)
Yes Yes
USDCHF (or CHFUSD)
Yes Yes
USDCAD (or CADUSD)
Yes Yes
NZDUSD (or USDNZD)
Yes Yes
AUDUSD (or USDAUD)
Yes Yes
USDCNH (or CNHUSD)
Yes Yes
USDSGD (or SGDUSD)
Yes Yes

Overall

Feature Dukascopy ICM Capital
Dukascopy Review ICM Capital Review
Overall 4 3.5
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare Dukascopy vs ICM 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. Dukascopy is a better option with a 4.50 star rating over ICM Capital's 3.50 star rating.

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 ICM Capital are regulated in a major hub. Neither are publicly traded companies. As far as how many currency pairs are available for trading, here's the answer. ICM Capital trails Dukascopy by 32 total currency pairs (for example, EUR/USD), with Dukascopy offering 64 and ICM Capital offering 32.

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

Dukascopy Review
ICM Capital 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.

arrow_drop_upBack to top