Dukascopy vs IC Markets

Dukascopy vs IC Markets Comparison Table 2023
Dukascopy	IC Markets
Review 3.6	Review 4.8
Traders from US not accepted	Traders from US not accepted
Dukascopy is a Swiss-based forex, CFD, and binary options broker with tight spreads and MT4 trading.	IC Markets is a respected multi-asset broker offering premium trading technology, highly competitive pricing and 24/7 customer support. The broker provides various social trading features for beginners whilst experienced traders can enjoy advanced charting and analysis tools. Over 180,000 clients from more than 200 countries have signed up with the heavily regulated and trustworthy brand.
Bonus Offer
10% Equity Bonus
Promotions
Get A 20% Discount On Commissions At Dukacopy
Comment by Reviewer
	"IC Markets offers a top-class environment for traders of all experience levels and strategies. Industry-leading platforms, superior pricing and flexible accounts will meet the needs of both beginners and active day traders."
Pros
Regulatory oversight Low minimum deposit MetaTrader 4 integration Full range of investments Multiple account currencies Joining bonus and volume discounts	Low fees with spreads from 0.0 pips and zero commissions Premium educational resources and trading tools including podcasts, forex calculators and tick charts Beginner-friendly social trading features including IC Social, Myfxbook and Zulutrade 15+ payment methods in 10 base currencies including PayPal and Skrill Responsive 24/7 customer support plus an extensive help centre Reliable MT4 and cTrader platforms and mobile apps Fast order execution speed of under 40ms High leverage up to 1:500
Cons
No Islamic trading account Time-consuming registration	No bonus deals for new traders Traders from the US not accepted Two-factor authentication not available for extra account security
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	Best MT4/MT5 Broker 2023 - DayTrading.com Best Forex Broker 2022 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Trading App 2020 - DayTrading.com
Instruments
Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options	Futures, CFD, Forex, Crypto, REITs, Volatility Index
Demo Account
Yes	Yes
Minimum Deposit
$100	$200
Payment Methods
Apple Pay Bitcoin Payments Credit Card Debit Card Maestro Mastercard Neteller Samsung Pay Skrill Visa Wire Transfer	BPAY Credit Card FasaPay Giropay Mastercard Neteller PayPal POLi QIWI Rapid Transfer Skrill UnionPay Visa Wire Transfer
Minimum Trade
0.01 lots	0.01 Lots
Regulator
FINMA, FCMC, JFSA	ASIC, CySec, FSA
Margin Trading
Yes	No
MetaTrader 4
Yes	Yes
MetaTrader 5
No	Yes
cTrader
No	Yes
AlgoTrader
Yes	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
Yes	No
DMA Account
No	Yes
MAM Account
No	Yes
PAMM Account
Yes	Yes
LAMM Account
No	Yes
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 & webtrader	iOS, Android and Windows
Auto Trading
Yes (EAs & FIX APIs)	Yes, via EQUINIX NY 4
Copy Trading
No	Yes
Copy Trading Platform
	The IC Social app is easy-to-use and allows traders to learn, share and mirror positions in a few clicks. The app also hosts risk management tools and facilitates direct messaging and dedicated trading groups. Alternatively, IC Markets provides access to popular third-party copy trading tools - ZuluTrade and Myfxbook.
Social Trading
No	No
Trade Signals
MetaTrader	Yes (Via Robot Feature)
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$40	0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD JPY TRY SEK NOK DKK CHF PLN HUF	USD EUR GBP CAD AUD JPY CHF
Stock Exchanges
Australian Securities Exchange 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	Deutsche Boerse London Stock Exchange SIX Swiss Exchange
Commodities
Cocoa Coffee Copper Cotton Gasoline Oil Palladium Platinum Sugar	Gold Oil Orange Juice Precious Metals Silver
CFD Trading
Use CFDs to speculate on popular assets without taking ownership of the underlying asset.	Trade CFDs 24/5 on popular markets including forex, commodities, indices, stocks and bonds. IC Markets offers deep liquidity, raw spreads and high leverage.
Leverage
1:200	ASIC and CySEC -1:30, FSA - 1:500, 1:1000 Elsewhere
FTSE Spread
Variable	1 pt
GBPUSD Spread
1.16 Av	0.5 pips
Oil Spread
5.3 Av	1 pt
Stocks Spread
From 0.1
Forex Trading
Dukascopy offers FX trading on over 60 currency pairs.	Trade currencies with 0.0 pip spreads at one of the world's leading forex brokers. IC Markets is a great choice for serious traders with superior execution and low fees.
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.	IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps.
GBPUSD Spread
1.1	0.5 pips
EURUSD Spread
0.1	0.1 pips
EURGBP Spread
0.9	0.5 pips
Assets
63	56+
Cryptocurrency
Take positions on popular cryptos against the US Dollar.	IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet.
Spread
From 0.1	BTC 0.4%, ETH 1%
Coins
BTC ETH LTC BCH XLM DSH EOS TRX ADA UNI LNK MAT AVE MKR CMP ENJ YFI BAT	BTC BCH ETH LTC DASH XRP EOS EMC NMC PPC
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 alongside powerful trading tools and market insights.	Binary options trading not offered
Payout
90%
Expiry Times
1 minute - 1 day
Ladder Options
No	No
Boundary Options
No	No

Review	Review
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