Dukascopy vs IG Group

Dukascopy vs IG Comparison Table 2024
Dukascopy	IG
Review 3.6	Review 4.4

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.	Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
Customer Reviews
	4 Based on 2 IG customer reviews
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."	"IG continues to provide a comprehensive package with an intuitive web platform and best-in-class education for beginners, plus advanced charting tools, real-time data, and fast execution speeds for experienced day traders."
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	IG is amongst the best in terms of its range of instruments, which includes stocks, forex, indices, commodities, and cryptocurrencies, providing ample diversification opportunities The proprietary web-based platform continues to caters to traders of all levels, with advanced charting tools and real-time market data useful for day trading The IG app offers a superb mobile trading experience with a clean design that helped it secure Runner Up at our Best Trading App award As a well-established broker, IG operates under strict regulatory guidelines in multiple jurisdictions, maintaining a high level of trust IG offers an extensive collection of professional and engaging educational resources, including webinars, articles, and analysis The ProRealTime advanced charting platform is free as long as certain modest monthly trading activity requirements are met
Cons
Time-consuming registration process No Islamic trading account	Beginners might find IG’s fee structure complex, with various fees for different types of trades or services, potentially leading to confusion or unexpected charges While there is negative balance protection in the UK and EU, there is no account protection or guaranteed stop losses for US clients IG has discontinued its swap-free account, reducing its appeal to Islamic traders Stock and CFD spreads still trail the cheapest brokers like CMC Markets based on tests IG applies an inactivity fee of $12 per month after 2 years, deterring casual investors
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 Customer Service 2022 - Online Money Awards Best Spread Betting Provider 2022 - Online Money Awards Best Platform for the Active Trader 2022 - ADVFN International Financial Awards Best Multi Platform Provider 2022 - ADVFN International Financial Awards Best Finance App 2022 - ADVFN International Financial Awards
Instruments
Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
Demo Account
Yes	Yes
Minimum Deposit
$100	$0
Trading Platforms
MT4 AlgoTrader	Web ProRealTime L2 Dealer MT4 AutoChartist TradingCentral
Payment Methods
Apple Pay Bitcoin Payments Credit Card Debit Card Maestro Mastercard Neteller Samsung Pay Skrill Visa Wire Transfer	Credit Card Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FINMA, FCMC, JFSA	FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
Margin Trading
Yes	Yes
Margin Rate
	2.5%
STP Account
No	No
ECN Account
Yes	No
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	Yes
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
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.	IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user-friendly layout, access to full charting and a stable and reliable application. It also offers guaranteed stops – an important risk management tool not available on many apps we’ve tested.
Android App Rating
3.7	4
iOS App Rating
4.6	4.6
Auto Trading
Yes (EAs & FIX APIs)	Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime
Copy Trading
No	No
Social Trading
No	No
Trade Signals
MetaTrader	Yes
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$40	$12
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD JPY TRY SEK NOK DKK CHF PLN HUF	USD EUR GBP CAD AUD JPY ZAR SEK DKK CHF HKD SGD
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) Borsa Italiana Bombay Stock Exchange Deutsche Boerse Dow Jones Euronext Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Tadawul Toronto Stock Exchange Taiwan Stock Exchange
Commodities
Cocoa Coffee Copper Cotton Gasoline Oil Palladium Platinum Sugar	Aluminium Coffee Cannabis Copper Gold Iron Lithium Natural Gas Nickel Oil Orange Juice Palladium Precious Metals Silver Soybeans Steel Sugar Wheat
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.	IG offers a huge selection of 17,000+ CFDs, providing more trading opportunities than most CFD brokers. Traders can go long or short on popular markets like stocks, currencies, commodities and cryptos, while custom price alerts and the IG Academy continue to enhance the trading experience.
Leverage
1:200	1:30 (Retail), 1:250 (Pro)
FTSE Spread
Variable	1.0
GBPUSD Spread
1.16 Av	0.9
Oil Spread
5.3 Av	2.8
Stocks Spread
From 0.1	0.02
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.	IG offers an above-average suite of 80+ currency pairs on its proprietary web platform, mobile app or MetaTrader 4, with more advanced charts and forex analysis tools available on the ProRealTime software. Forex spreads are competitive based on tests, starting from 0.1 pips on majors like the EUR/USD.
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.	IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.
GBPUSD Spread
1.1	0.9
EURUSD Spread
0.1	0.8
EURGBP Spread
0.9	0.9
Assets
63	80+
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.	IG's modest selection of 11 crypto CFDs trails top crypto brokers like Vantage which offers 40+ tokens. That said, it stands out with its crypto index, which tracks the value of the top 10 digital currencies by market cap and provides a holistic way to speculate on the value of the crypto market.
Spread
From 0.1	Variable
Coins
BTC ETH LTC BCH XLM DSH EOS TRX ADA UNI LNK MAT AVE MKR CMP ENJ YFI BAT	BTC BCH LTC ETH ADA DOT DOGE LINK UNI XLM
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%
Expiry Times
3 minutes - 1 day
Ladder Options
No	Yes
Boundary Options
No	No

Review	Review
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