Dukascopy vs Alpari

Dukascopy vs Alpari Comparison Table 2024
Dukascopy	Alpari
Review 3.6	Review 3.8

Dukascopy is an online broker operated by a Swiss-regulated banking group. It offers a good selection of 500+ markets, with forex, stocks, gold, ETFs, indices, bonds and cryptocurrencies available. It also offers flexible trading opportunities through the choice of CFDs or binary options. Traders will use MetaTrader 4 or a proprietary platform that is well-suited to automated trading.	Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker also offers fixed costs with payouts known upfront. Trading takes place on the reliable MT4 and MT5 platforms, plus the brand's mobile app. Alpari offers tight ECN spreads which will serve active day traders.
Bonus Offer
10% Equity Bonus	30% up to $100 (terms apply)
Comment by Reviewer
"Dukascopy will appeal to active day traders with fee rebates and the JForex platform for automated trading."	"Alpari will suit short-term binary options traders with a low $5 deposit, powerful charting terminals, and a rebate scheme. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors."
Pros
Dukascopy offers trading on a powerful proprietary platform plus the popular MT4 The broker hosts its own TV channel, alongside various educational materials and an active online community Binary options are available as well as CFDs, providing straightforward up/down predictions on global assets Heavily regulated brokerage including oversight from Swiss FINMA Multiple account currencies including USD, EUR and CHF There is a joining bonus and volume discounts Full range of investments including cryptos Low minimum deposit of $100	Low or no commissions are available and there are tight spreads on ECN accounts There's an excellent choice of funding options with no fees Cashback schemes are available for high-volume traders Alpari supports both the MT4 and MT5 platforms with support for Expert Advisors (EAs) Copy trading and PAMM services are also available for day traders The broker offers high leverage up to 1:1000 for experienced clients
Cons
Time-consuming registration process No Islamic trading account	The lack of educational resources is disappointing compared to alternatives There are fairly high charges for strategy manager copy trading tools The market analysis and research tools are limited
Awards
Best for Cryptocurrency trading in UAE, 2022 Best FX Research, 2022 Best ECN Broker for Beginners, 2021 Best Bank Broker, 2020 Best Technical Analysis Platform, 2020 Best Forex Trading Apps, 2019
Instruments
Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options	Forex, CFDs, Stocks, Commodities, Indices, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$100	$5
Trading Platforms
MT4 AlgoTrader	MT4 MT5
Payment Methods
Apple Pay Bitcoin Payments Credit Card Debit Card Maestro Mastercard Neteller Samsung Pay Skrill Visa Wire Transfer	ADVcash Bitcoin Payments Credit Card Ethereum Payments FasaPay Mastercard Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FINMA, FCMC, JFSA	FSC, SEBI, JFSA
Margin Trading
Yes	No
STP Account
No	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
Yes	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
Dukascopy continues to stand out in the mobile trading arena with an easy-to-use app that offers short-term trading on popular assets, including forex, stocks, and indices. It offers trading signals, price alerts, and over 50 technical indicators, outperforming most competitors’ charting tools. With 24/7 in-app support, it’s a top choice for new mobile traders.
Android App Rating
3.7	3.6
iOS App Rating
4.6	3.6
Auto Trading
Yes (EAs & FIX APIs)	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals.
Social Trading
No	No
Trade Signals
MetaTrader
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$40	$5
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD JPY TRY SEK NOK DKK CHF PLN HUF	USD EUR GBP CZK NGN
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500
Commodities
Cocoa Coffee Copper Cotton Gasoline Oil Palladium Platinum Sugar	Gold Natural Gas Silver
CFD Trading
Dukascopy offers highly leveraged CFDs with rates up to 1:200. A wide selection of asset classes are available, including currencies, equities, commodities, ETFs and cryptos. Spreads are also tight starting from 0.1 pips and traders get 24/7 support.	Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service.
Leverage
1:200	1:1000
FTSE Spread
Variable	13
GBPUSD Spread
1.16 Av	0.7
Oil Spread
5.3 Av	4.0
Stocks Spread
From 0.1	2.0
Forex Trading
With 60+ currency pairs available, Dukascopy offers enough majors, minors and exotics to keep most forex traders happy. The broker also offers high leverage up to 1:100 – a good amount to see from a reputable and regulated broker. Currency traders have access to excellent software, including MT4 and JForex.	Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available.
Forex App
Dukascopy offers a free mobile app that can be used to trade the broker’s range of forex pairs. The application is also home to trading signals, price alerts and beginner-friendly charts and graphs. Close to 50 technical indicators, plus level two quotes are also available.
GBPUSD Spread
1.1	0.7
EURUSD Spread
0.1	0.4
EURGBP Spread
0.9	0.6
Assets
63	50+
Currency Indices
	USD
Cryptocurrency
Take positions on popular cryptos against the US Dollar. Traders can go long or short with decent leverage up to 1:5. Clients of Dukascopy are also protected to the tune of CHF 100'000 in the event of broker insolvency.	Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends.
Spread
From 0.1	1
Coins
BTC ETH LTC BCH XLM DSH EOS TRX ADA UNI LNK MAT AVE MKR CMP ENJ YFI BAT	AVE BTC BCH ADA LINK DAI DOGE EOS ETH ECH FIL LTC XMR DOT XRP MATIC SOL XLM USDT TRON UNI USDC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Dukascopy offers binary options on currency pairs, stocks and indices, alongside powerful trading tools and market insights. User gets flexible contract sizes and deposits are protected by EU law, though the $1000 starting investment is higher than alternatives.	Binary options trading not offered
Payout
90%	80%
Expiry Times
3 minutes - 1 day	30 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

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