Dukascopy vs RoboForex

Dukascopy vs RoboForex Comparison Table 2023
Dukascopy Review 2023 RoboForex Review 2023
3.6
4.5
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.

RoboForex is a global broker launched in 2009. The firm offers more than 12,000 instruments spanning 9 asset classes with trades from 0.01 lots and spreads from 0 pips. The broker's advanced copy trading tool is also home to thousands of active traders.

RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved.
Bonus Offer
10% Equity Bonus $30 No Deposit Bonus
Promotions

Get A 20% Discount On Commissions At Dukacopy

RoboForex Is Topping Up Accounts By Up To 10%

Comment by Reviewer
"Dukascopy will appeal to active day traders with fee rebates and the JForex platform for automated trading." "RoboForex is a good pick for traders looking for a wide range of markets with welcome bonuses and loyalty promotions."
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
  • Commission-free trading on US stocks
  • Choice of leading platforms, including MT4 and MT5
  • ECN and Prime accounts for active traders with low fees
  • Automated trading permitted with user-friendly robot builders
  • Accessible payment methods including PayPal
  • VPS server for 24/7 uninterrupted trading
  • Two free withdrawals each month
  • Low deposit for newer traders
Cons
  • Time-consuming registration process
  • No Islamic trading account
  • Instruments and fees vary between platforms
  • Demo account expires after 90 days
  • Average range of currencies
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 Global Mobile Trading App 2020 - Global Forex Awards B2B
  • Best Broker of the CIS 2019 - IAFT Awards
  • Best Investment Platform 2019 - IAFT Awards
  • Best Educational Forex-Center CIS 2019 - IAFT Awards
  • Best Stock Broker Asia 2019 - International Business Magazine Awards
  • Best Investment Products 2019 - Global Brands Magazine
Instruments
Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options CFDs, Forex, Stocks, Indices, Commodities, Crypto, Crypto Indices, ETFs
Demo Account
Yes Yes
Minimum Deposit
$100 $10
Trading Platforms
  • MT4
  • AlgoTrader
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FINMA, FCMC, JFSA FSC
Margin Trading
Yes No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
Yes No
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, RStocksTrader
Auto Trading
Yes (EAs & FIX APIs) Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Social Trading
No Yes
Trade Signals
MetaTrader Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No Yes
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
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. Trade a huge selection of CFDs with more than 12,000 assets and very high leverage up to 1:2000. Micro lot trading is also available with access to interbank liquidity providers for low fees.
Leverage
1:200 1:2000
FTSE Spread
Variable N/A
GBPUSD Spread
1.16 Av 2
Oil Spread
5.3 Av 5.2
Stocks Spread
From 0.1 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. Trade over 30 currency pairs with tight spreads from 0 pips. Forex traders have a choice of leading platforms including MT4, MT5 and an in-house web trader. The CopyFX system also lets you mirror experienced currency traders with a $100 minimum investment.
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 2
EURUSD Spread
0.1 1.4
EURGBP Spread
0.9 1.6
Assets
63 30+
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. Trade over 30 leading cryptos against the USD and EUR. Digital currencies are available on the user-friendly R StockTrader platform. New users can start trading cryptos in three easy steps.
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
  • ETH
  • XRP
  • LTC
  • DSH
  • BCH
  • EOC
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
RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved.
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