Dukascopy vs CEX.IO

Dukascopy vs CEX.IO Comparison Table 2024
Dukascopy CEX.IO
3.6
3.7

CEX.IO is #11 in our crypto broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

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.

CEX.IO is one-stop-shop for crypto investors where you can buy and sell popular digital tokens, speculate on prices with margin trading and earn rewards through staking. Since it launched in 2013, more than five million traders have deposited over $7.5 billion. CEX.IO is registered with the FinCEN in the US and the GFSC in the EU.

Customer Reviews
3
Bonus Offer
10% Equity Bonus
Comment by Reviewer
"Dukascopy will appeal to active day traders with fee rebates and the JForex platform for automated trading." "CEX.IO continues to serve a range of crypto investors looking to buy, sell, trade, hold and earn with low fees. The tiered pricing structure will appeal to active traders while rookie investors will enjoy the straightforward platform interface and excellent education."
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
  • The proprietary terminal features an advanced charting package from TradingView, including 50+ technical indicators
  • CEX.IO continues to offer competitive pricing with 0.01% taker and 0% maker fees for high-volume traders
  • The range of 200+ cryptocurrencies is competitive and will serve more experienced traders
  • CEX.IO has remained a trusted crypto exchange since its launch, with 5+ million users
  • High quality educational materials are available through the University feature
  • There's a wide range of global payment methods available including PayPal
  • The broker offers 24/7 support with fast response times during tests
  • The $20 minimum deposit makes the broker accessible for beginners
  • Crypto leverage is available up to 1:3
Cons
  • Time-consuming registration process
  • No Islamic trading account
  • The Exchange Plus platform delivers a cluttered interface compared to competitor platforms
  • Deposit and withdrawal fees are relatively high, including 0.3% + $25 for SWIFT withdrawals
  • It's a shame that there's no demo account for traders looking to practice strategies
  • A maintenance fee applies after 12 months of no activity
  • The broker has limited regulatory oversight
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
  • Most Secure Bitcoin and Cryptocurrency Exchange Platform 2023, World Business Outlook
  • Leading Cryptocurrency Exchange Platform 2023, World Business Outlook
  • Best Cryptocurrency Exchange Platform 2023, Global Brands Magazine
Instruments
Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options Cryptos
Demo Account
Yes No
Minimum Deposit
$100 $20
Trading Platforms
  • MT4
  • AlgoTrader
  • TradingView
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
FINMA, FCMC, JFSA GFSC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
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
3.1
iOS App Rating
4.6
4.6
Auto Trading
Yes (EAs & FIX APIs) Yes - through APIs
Copy Trading
No No
Social Trading
No No
Trade Signals
MetaTrader
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$40
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • HUF
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
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. CFD trading not offered
Leverage
1:200
FTSE Spread
Variable
GBPUSD Spread
1.16 Av
Oil Spread
5.3 Av
Stocks Spread
From 0.1
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. Forex trading not offered
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
EURUSD Spread
0.1
EURGBP Spread
0.9
Assets
63
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. CEX.IO offers hundreds of popular cryptocurrencies including big names like Bitcoin, Ethereum and Litecoin. The trading platform is well-designed with sophisticated charting and analysis tools, including 50+ in-built indicators. Traders can also reduce their monthly volumes through the tiered pricing structure.
Spread
From 0.1 0.15% maker & 0.25% taker (Standard)
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • XLM
  • DSH
  • EOS
  • TRX
  • ADA
  • UNI
  • LNK
  • MAT
  • AVE
  • MKR
  • CMP
  • ENJ
  • YFI
  • BAT
  • ZRX
  • 1INCH
  • AAVE
  • BTC
  • BCH
  • ADA
  • LINK
  • COMP
  • ATOM
  • DAI
  • DOGE
  • ETH
  • GUSD
  • ICP
  • LTC
  • LRC
  • MATIC
  • MKR
  • DOT
  • SHIB
  • SOL
  • XLM
  • SUSHI
  • SNX
  • USDT
  • XTZ
  • USDC
  • UNI
  • WBTC
  • ZIL
Crypto Lending
No Yes
Crypto Mining
No Yes
Crypto Staking
No Yes
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%
Expiry Times
3 minutes - 1 day
Ladder Options
No No
Boundary Options
No No
More Comparisons
Dukascopy
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CEX.IO
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