Dukascopy vs TradeStation

Dukascopy vs TradeStation Comparison Table 2024
Dukascopy TradeStation
3.6
3.5

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.

TradeStation is a popular, SEC-regulated broker offering stock, CFD and futures trading through powerful proprietary trading platforms. Available assets vary by region, with CFD trading available on the global branch. The US-based broker has different pricing methods split to cater for active day traders, or longer term stock holders.

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." "TradeStation is a secure, tried-and-tested broker for stock traders who want a powerful, flexible platform. The $500 minimum deposit makes this broker a better fit for experienced 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
  • Reputable brand with oversight from top US regulators
  • Powerful trading platform with desktop, webtrader and mobile app
  • Support for third-party platform add-ons
  • Fast and responsive customer service
  • Quick, straightforward account setup
  • Competitive commissions on US stocks
Cons
  • Time-consuming registration process
  • No Islamic trading account
  • Limited ETF options with no commission-free ETFs
  • Expensive subscription fees for many add-ons
  • Pricing disadvantages less active traders
  • Limited free data and in-depth research
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 CFDs, Forex, Stocks, Futures, Commodities
Demo Account
Yes Yes
Minimum Deposit
$100 $500
Trading Platforms
  • MT4
  • AlgoTrader
  • MT4
Payment Methods
Minimum Trade
0.01 Lots Min lot size will vary
Regulator
FINMA, FCMC, JFSA SEC
Margin Trading
Yes No
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 No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS, Android and Windows
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.

Android App Rating
3.7
iOS App Rating
4.6
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 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
  • CAD
  • AUD
  • JPY
  • CHF
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 CFDs on popular asset classes, including forex and stocks. FX CFD commissions are competitive at 0.6 basis points while for shares it's a minimum of $3 per order.
Leverage
1:200 1:20
FTSE Spread
Variable N/A
GBPUSD Spread
1.16 Av N/A
Oil Spread
5.3 Av 0.06 pips
Stocks Spread
From 0.1 0.2% Var
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. Speculate on 26 currencies including majors. Top-tier liquidity is available from 17 of the biggest forex dealing banks, alongside dynamic order management and low commissions.
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 Variable
EURUSD Spread
0.1 Variable
EURGBP Spread
0.9 Variable
Assets
63 26
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
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • XLM
  • DSH
  • EOS
  • TRX
  • ADA
  • UNI
  • LNK
  • MAT
  • AVE
  • MKR
  • CMP
  • ENJ
  • YFI
  • BAT
Crypto Lending
No No
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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