Dukascopy vs Swissquote
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| Dukascopy | Swissquote |
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3.6
Dukascopy is #8 in our binary options broker rankings. |
4
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 Traders from US accepted |
Traders from US not accepted
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Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders. |
Established in 1996, Swissquote is a Switzerland-based bank and broker that offers online trading on an industry beating three million products, from forex and CFDs to futures, options and bonds. Highly trusted, it has built a strong reputation through innovative trading solutions, from becoming the first bank to offer crypto trading in 2017 to more recently launching fractional shares and its Invest Easy service. |
| Bonus Offer | |
| 10% Equity Bonus | |
| Comment by Reviewer | |
| "If you’re an experienced trader, Dukascopy provides the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the peace of mind of using a Swiss-regulated bank and broker." | "Swissquote is an excellent choice for active traders looking for a customizable platform, such as its CXFD, which integrates Autochartist for automated chart analysis to aid trading decisions. However, its average fees and steep $1,000 minimum deposit might make it less accessible for beginner traders." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | CFDs, Forex, Stocks, Indices, Bonds, Options, Futures, ETFs, Crypto (location dependent) |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $1,000 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FINMA, JFSA, FCMC | FCA, FINMA, CSSF, DFSA, SFC, MAS, MFSA, CySEC, FSCA |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | No |
| DMA Account | |
| Yes | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| Yes | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | Yes |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | 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 serious mobile traders. |
The Swissquote app, refined over the years, combines banking and trading, giving you instant access to an industry-leading selection of more than three million instruments, including stocks, ETFs, and cryptocurrencies like Bitcoin. It goes beyond most trading apps we’ve tested – providing a comprehensive financial app, complete with dynamic charts and unique features. |
| Android App Rating | |
3.7 |
3.4 |
| iOS App Rating | |
4.6 |
4.5 |
| Auto Trading | |
| Yes (EAs & FIX APIs) | Expert Advisors (EAs) on MetaTrader and FIX API solutions |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes | Integrated in CFXD |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| CHF 100 | $0 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
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| Commodities | |
| CFD Trading | |
| Dukascopy offers highly leveraged CFD trading up to 1:200. A wide selection of asset classes are available, including currencies, equities, commodities, ETFs and cryptos. Spreads are tight starting from 0.1 pips and traders get 24/7 support that performed well during testing. However, the real standout is the security provided by trading CFDs through a multi-regulated broker and Swiss bank | Swissquote has emerged as a dependable CFD broker, providing short-term trading opportunities on an extensive selection of global markets with fast execution, its intuitive CFXD platform alongside MetaTrader, plus insights from trusted third parties like Autochartist and Trading Central. |
| Leverage | |
| 1:200 | 1:100 (Retail), 1:400 (Pro) |
| FTSE Spread | |
| 100 | 0.9 |
| GBPUSD Spread | |
| 0.1 | 1.7 |
| Oil Spread | |
| 0.1 | 0.03 |
| Stocks Spread | |
| 0.1 | N/A |
| Forex Trading | |
| With 60+ currency pairs available, Dukascopy offers ample majors, minors and exotics, complete with its tight spreads from 0.1 pips, access to MT4, plus the broker’s own JForex softwarem which shined during testing for its clean workspace and customization capabilities. | Swissquote offers compelling conditions for active forex traders, with an extensive range of 80+ currency pairs, plus ultra-fast execution speeds averaging 9ms and access to the industry’s favorite MT4 software. |
| Forex App | |
Dukascopy offers an intuitive 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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| GBPUSD Spread | |
| 0.1 | 1.7 |
| EURUSD Spread | |
| 0.1 | 1.3 |
| EURGBP Spread | |
| 0.4 | 1.5 |
| Assets | |
| 60+ | 80+ |
| Currency Indices | |
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| Cryptocurrency | |
| Dukascopy facilitates day trading on popular cryptos like Bitcoin against the US Dollar. You can go long or short with leverage up to 1:5. Unusually, clients of Dukascopy are also protected to the tune of CHF 100'000 in the event of brokerage insolvency. | Swissquote has evolved into a leading crypto provider, expanding its offerings to include over 30 digital tokens, as well as its own SQX exchange, crypto staking, plus custodian services for professional traders. And all of this from one of the most trusted, well-regulated brands in the crypto space. |
| Spread | |
| 0.1 | 71 BTC (Prime Account) |
| Coins | |
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | Yes |
| 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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