Dukascopy vs Kucoin

Dukascopy vs Kucoin Comparison Table 2023
Dukascopy Review 2023 Kucoin Review 2023
3.6
3.6
United States Flag Traders from US not accepted
United States Flag Traders from US not 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.

Kucoin is a crypto exchange that offers trading on 1000+ tokens as well as leveraged trading opportunities via futures and perpetual swaps. This exchange has a slick trading platform that supports robots, allowing traders to implement automated strategies. Other attractive features include a demo account, flexible funding methods and DeFi features like staking and mining.

Bonus Offer
10% Equity Bonus Welcome bonus up to 500 USDT
Promotions

Get A 20% Discount On Commissions At Dukacopy

Comment by Reviewer
"Dukascopy will appeal to active day traders with fee rebates and the JForex platform for automated trading." "Users who want to make automated crypto trades on a wide range of digital currencies should Kucoin. The brand is also good for crypto staking and mining."
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
  • Wide list of tokens with 1000+ cryptos including many low-market-cap tokens
  • Good range of DeFi products as well as Web3 features including an NFT marketplace
  • Well-known and reputable in the crypto world
  • Leverage available via crypto derivatives
  • Possibility to earn interest on crypto by staking
  • Good customer service
  • Low trading fees
Cons
  • Time-consuming registration process
  • No Islamic trading account
  • Like many crypto firms, Kucoin is unregulated
  • Crypto exchanges are often riskier than trading through a crypto broker
  • The proprietary platform can feel complex compared to better-known terminals
  • Limited educational resources
  • Fiat withdrawals are not possible
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 Futures, Crypto, ETFs, Perpetual Swaps
Demo Account
Yes Yes
Minimum Deposit
$100 $0
Trading Platforms
  • MT4
  • AlgoTrader
  • Own
Payment Methods
Minimum Trade
0.01 Lots 0.0001 Lots
Regulator
FINMA, FCMC, JFSA
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 Yes
P2P Trading
No Yes
Spot Trading
No Yes
Mobile Apps
iOS, Android & webtrader Yes (iOS & Android)
Auto Trading
Yes (EAs & FIX APIs) Yes
Copy Trading
No Yes
Copy Trading Platform
Kucoin offers copy trading via automated bots with low fees and instant deposits. The service will appeal to beginners new to crypto trading. Users can choose a suitable trader in the marketplace and select 'copy' to start mirroring positions.
Social Trading
No Yes
Trade Signals
MetaTrader Yes
VPS Hosting
Yes No
Tournaments
No Yes
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
  • BRL
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. With well over 1000 crypto assets available, Kucoin offers a great degree of flexibility. It is excellent to see an extensive range of tokens, as this allows traders to search for lesser-known tokens with a high upside. The crypto futures and perpetual swaps are also good additions to the roster, tradeable with 1:10 leverage.
Spread
From 0.1 Variable
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • XLM
  • DSH
  • EOS
  • TRX
  • ADA
  • UNI
  • LNK
  • MAT
  • AVE
  • MKR
  • CMP
  • ENJ
  • YFI
  • BAT
  • ETH
  • BTC
  • VRA
  • LUNA
  • KCS
  • XRP
  • LTC
  • ALGO
  • TEL
  • DOT
  • ADA
  • XMR
  • AVAX
  • FTM
  • VET
  • XLM
  • LINK
  • MATIC
  • ONE
  • TRX
  • HBAR
  • ICP
  • CRO
  • EOS
  • DOGE
  • WBTC
  • ATOM
  • XDC
  • DAG
  • COTI
  • BCH
  • EGLD
  • XTZ
  • KSM
  • ETC
  • KDA
  • MANA
  • XYO
  • OMG
  • BNB
  • TRAC
  • XPR
  • RNDR
  • CWAR
  • UOS
  • FET
  • UTK
  • IOTX
  • XHV
  • TRIAS
  • CTSI
  • SOUL
  • BAND
  • STX
  • DERO
  • CHR
  • ZEC
  • FXS
  • HTR
  • ZCX
  • FLOW
  • OLT
  • MTV
  • ABBC
  • XDB
  • FKX
  • NEAR
  • ATA
  • KLV
  • PYR
  • PPT
  • OPCT
  • DFI
  • CRPT
  • LRX
  • PRE
Crypto Lending
No Yes
Crypto Mining
No Yes
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 No
Boundary Options
No No
More Comparisons
Dukascopy
vs
Kucoin
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