ICE FX vs Dukascopy

ICE FX vs Dukascopy Comparison Table 2023
ICE FX Review 2023	Dukascopy Review 2023
Review 2 ICE FX is #13 in our CFD broker rankings.	Review 3.6
Traders from US accepted	Traders from US not accepted See available binary options brokers
ICE FX is a global STP broker with access to MetaTrader 4 and CFD trading in four major asset classes: forex, crypto, precious metals and energies. The offshore brokerage offers competitive trading fees, 24/5 customer support and a loyalty scheme for active investors.	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.
Bonus Offer
	10% Equity Bonus
Promotions
	Get A 20% Discount On Commissions At Dukacopy
Comment by Reviewer
"ICE FX will serve traders looking to trade popular fiat currencies and cryptocurrencies on the MetaTrader 4 platform. The PAMM/MAM solution will also appeal to hands-off investors."	"Dukascopy will appeal to active day traders with fee rebates and the JForex platform for automated trading."
Pros
Tier-based loyalty scheme with access to a free VPS and interest rate payments on uninvested balances Access to the MT4 desktop, web and mobile platform with powerful analysis and customizable charting Low fees with tight spreads from 0 pips, commissions between 0.0025% and 0.25% Reliable customer support available 24/5 via phone, live chat, Skype and email Hybrid PAMM/MAM account with low commission fees from 0.004% Range of payment methods including cryptocurrency Fast STP execution speeds of less than 1 ms	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
Cons
Offshore regulation from the Labuan Financial Services Authority (Labuan FSA) raises safety concerns Very slim product portfolio with only 75 instruments and no stocks No education for beginners	Time-consuming registration process No Islamic trading account
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
CFD, Forex, Crypto	Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options
Demo Account
Yes	Yes
Minimum Deposit
$30	$100
Trading Platforms
MT4	MT4 AlgoTrader
Payment Methods
Bitcoin Payments Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer	Apple Pay Bitcoin Payments Credit Card Debit Card Maestro Mastercard Neteller Samsung Pay Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
Labuan FSA	FINMA, FCMC, JFSA
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
No	Yes
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS, Android & webtrader
Auto Trading
	Yes (EAs & FIX APIs)
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	MetaTrader
VPS Hosting
No	Yes
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
No	Yes
Account Currencies
USD	USD EUR GBP CAD AUD JPY TRY SEK NOK DKK CHF PLN HUF
Stock Exchanges
	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange
Commodities
	Cocoa Coffee Copper Cotton Gasoline Oil Palladium Platinum Sugar
CFD Trading
75 CFDs are available on foreign exchange, UK and US oil, precious metals and cryptocurrencies. You can trade CFDs with STP execution and a low minimum order size of 0.01 lots.	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.
Leverage
1:300	1:200
FTSE Spread
N/A	Variable
GBPUSD Spread
1.0	1.16 Av
Oil Spread
0.5	5.3 Av
Stocks Spread
N/A	From 0.1
Forex Trading
Trade 36 major, minor and exotic currency pairs with ICE FX. Leverage up to 1:300 is available and spreads start from 0.0 pips on popular currency pairs.	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 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
1.0	1.1
EURUSD Spread
0.8	0.1
EURGBP Spread
1.3	0.9
Assets
36	63
Cryptocurrency
Trade five crypto CFD contracts 24/7 including the BTC/USD and ETH/USD. Leverage up to 1:10 is available alongside floating spreads. On the downside, the range of digital currencies trails the top crypto brokers.	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.
Spread
Floating	From 0.1
Coins
BCH BTC ETH LTC XRP	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	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	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.
Payout
	90%
Expiry Times
	3 minutes - 1 day
Ladder Options
No	No
Boundary Options
No	No

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