Dukascopy vs Plus500
Dukascopy Review 2023 | Plus500 Review 2023 |
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3.6
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4.1
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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. |
Plus500 is a leading global broker with millions of registered traders and multiple awards. The company specializes in CFDs on its intuitive, proprietary platform and app. The broker holds multiple licenses from reputable regulators, including in the UK, Europe and Australia. |
82% of retail CFD accounts lose money. | |
Bonus Offer | |
10% Equity Bonus | |
Promotions | |
Comment by Reviewer | |
"Dukascopy will appeal to active day traders with fee rebates and the JForex platform for automated trading." | "Plus500 is a great option for CFD traders seeking a trustworthy broker with extensive market access, low fees and a reliable trading platform." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $100 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | Variable |
Regulator | |
FINMA, FCMC, JFSA | FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA |
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 | No |
Spot Trading | |
No | No |
Mobile Apps | |
iOS, Android & webtrader | iOS, Android and Windows |
Auto Trading | |
Yes (EAs & FIX 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 | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Inactivity Fee | |
$40 | $10 |
Islamic Account | |
Yes | No |
Account Currencies | |
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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. | Commission-free CFDs span an excellent range of markets. Traders can go long or short on popular assets with variable leverage and competitive spreads. |
Leverage | |
1:200 | 1:30 |
FTSE Spread | |
Variable | 1.8 |
GBPUSD Spread | |
1.16 Av | 1.1 |
Oil Spread | |
5.3 Av | 0.04 |
Stocks Spread | |
From 0.1 | 0.08 |
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. | Plus500 offers forex trading via CFDs with tight, variable spreads and an impressive range of over 70 currency pairs. |
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.
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Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here. |
GBPUSD Spread | |
1.1 | 1.1 |
EURUSD Spread | |
0.1 | 0.6 |
EURGBP Spread | |
0.9 | 1.4 |
Assets | |
63 | 70+ |
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. | Crypto trading not offered |
Spread | |
From 0.1 | Variable |
Coins | |
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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 | No |
Boundary Options | |
No | No |
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82% of retail CFD accounts lose money. | |
More Comparisons | |
Dukascopy vs |
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