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Plus500 vs Dukascopy 2019

Is Dukascopy better than Plus500? After scoring forex brokers on nearly 100 different variables, Dukascopy is better than Plus500. 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 Plus500 Dukascopy
Overall 3 4
Plus500 Review Dukascopy Review
76.4% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature Plus500 Dukascopy
Trust Score 93 87
Year Founded
2008 2004
Publicly Traded (Listed)
Yes No
Bank
No Yes
Tier-1 Licenses
2 2
Tier-2 Licenses
3 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature Plus500 Dukascopy
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No Yes
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
No Yes
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature Plus500 Dukascopy
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
No Yes
Currency Pairs (Total Forex pairs)
50 60
CFDs - Total Offered
2033 593
Cryptocurrency traded as actual
No Yes
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3.5 3.5
Winner check_circle

Cost

Feature Plus500 Dukascopy
Average Spread EUR/USD - Standard
0.6 (as of Aug 2018) 1.00 (as of Q3 19)
All-in Cost EUR/USD - Active
N/A 0.52 (as of Q3 19)
Active Trader or VIP Discounts
No Yes
Commissions & Fees 4 4.5
Winner check_circle

Funding

Feature Plus500 Dukascopy
Minimum Initial Deposit
€100 $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 Plus500 Dukascopy
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
No Yes
MetaTrader 4 (MT4)
No Yes
MetaTrader 5 (MT5)
No No
cTrader
No No

Trading Tools

Feature Plus500 Dukascopy
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
10 7
Charting - Indicators / Studies (Total)
103 51
Charting - Drawing Tools (Total)
21 31
Charting - Trade From Chart
No Yes
Charting - Drawings Autosave
No Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 2.5 4.5
Winner check_circle

Mobile Trading

Feature Plus500 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
18 30
Charting - Draw Trend Lines
No Yes
Charting - Trend Lines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
No Yes
Mobile Trading 3 4.5
Winner check_circle

Research

Feature Plus500 Dukascopy
Daily Market Commentary
No Yes
Forex News (Top-Tier Sources)
No Yes
Weekly Webinars
No Yes
AutoChartist
No No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes
Research 2.5 4.5
Winner check_circle

Education

Feature Plus500 Dukascopy
Has Education - Forex
No No
Has Education - CFDs
No No
Client Webinars
No Yes
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
No Yes
Videos - Advanced Trading Videos
No Yes
Investor Dictionary (Glossary)
No No
Education 1 4
Winner check_circle

Major Forex Pairs

Feature Plus500 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

Overall

Feature Plus500 Dukascopy
Plus500 Review Dukascopy Review
Overall 3 4
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare Dukascopy vs Plus500.

To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Dukascopy's score is 4.50 stars versus Plus500's 4.00 stars.

Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Dukascopy alongside Plus500 are regulated in a major hub. Plus500 is a publicly traded company while Dukascopy is not. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. Dukascopy offers its clients access to 64 different currency pairs while Plus500 has 60 available pairs, a difference of 4.

To round out our comparison of Dukascopy vs Plus500, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Dukascopy offers Meta Trader while Plus500 does not. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. Dukascopy offers its clients access to 31 charting tools while Plus500 has 0 charting tools, a difference of 31. Plus500 boasts an offering of 103 different indicators (for example, moving averages) compared to Dukascopy's 51 available indicators.

Dukascopy Review
Plus500 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.

Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

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