Dukascopy vs. Degiro

Comparison: Dukascopy vs. Degiro – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.

Winner of this comparison: Dukascopy with an overall rating of 41%

Dukascopy vs. Degiro

Basic information

Basic information
Dukascopy Degiro
Deposit 100 EUR/USD 100 EUR/USD
Spreads 1.02 EUR/USD *The value is indicative from the broker's website. The spread amount is variable.
Established 2004 2008
Currency Pairs (Total Forex pairs) 64 9
Country Switzerland Germany
Regulation Yes Authorised in the European Union (EU)
Trading app MetaTrader 4 (MT4), Desktop Platform (Windows) Web Platform
Number of CFD asset classes 6 2
Broker type ECN, MM ECN, STP
Support Phone, Mail, Chat Phone, Mail
Funding methods * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire * Some of the payment methods may not be available in your country. Bank Wire
Real Stocks and ETFs Yes Yes

*The value is indicative from the broker's website. The spread amount is variable.

68.82% of retail investor accounts lose money when trading CFDs with this provider.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Comparison Result

In terms of overall rating, both brokers are equal – both have 41%. Dukascopy requires a minimum deposit of 100 EUR/USD, while Degiro sets it at 100 EUR/USD. The entry amount is the same for both. For Dukascopy, the spread is 1.02 EUR/USD, while for Degiro it is 0 EUR/USD. Lower spreads at Degiro give it the edge. Dukascopy offers 64 forex pairs, while Degiro provides 9. A wider selection gives Dukascopy the advantage. Dukascopy was founded in 2004, while Degiro has been operating since 2008. The longer tradition of Dukascopy means greater experience. This advantage goes to Degiro, while Dukascopy lacks it. Dukascopy is overseen by 0 regulatory bodies, while Degiro has 1. Stricter oversight at Degiro gives it an advantage. Dukascopy supports 2 platforms, while Degiro offers 1. A greater choice of platforms gives Dukascopy the lead.
41%
Dukascopy
23%
Degiro

Key Strengths

Dukascopy
  • Offers a wide range of trading instruments including Forex, metals, cryptocurrencies, CFD on indices, bonds, stocks, and binary options.
  • Dukascopy provides high-quality trading platforms like JForex, MT4, suitable for both manual and automated trading.
  • In addition to trading services, Dukascopy also offers banking services such as e-banking, credit cards, and currency exchange services.
Degiro

Comparison by Categories

  1. Investments 75 25
  2. Cost 80 80
  3. Trading app 29 14
  4. Trading Tools 80 60
  5. Research 50 33
  6. Education 50 33
  7. Forex 100 0
  8. Commodities 45 0
  9. Indicies 100 100
  10. Cryptocurrencies 40 0
  11. Regulations 0 17
  12. Support 100 67
  13. Overall 41 23

Comprehensive Comparison: Dukascopy vs Degiro

Dukascopy
Degiro

Investments

75 % 25 %
Investments
Investments DukascopyDegiro
Currency Pairs (Total Forex pairs) 64 9
CFDs – Total Offered 593+ 0
Options CFD No Yes
Share CFDs No No
Forex CFD Yes No
Commodities CFD Yes No
ETF CFD Yes Yes
Indicies CFD Yes No
Cryptocurrency traded as actual Yes No
Cryptocurrency traded as CFD Yes No

Cost

80 % 80 %
Cost
Cost DukascopyDegiro
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1.02 0
Deposit from 100 100
Account fee No No
Inactivity fee Yes Yes
Active Trader or VIP Discounts No No
Withdrawal fees No No
Deposit fees No No

Trading app

29 % 14 %
Trading app
Trading app DukascopyDegiro
Desktop Platform (Windows) Yes No
Web Platform No Yes
Social Trading / Copy-Trading No No
MetaTrader 4 (MT4) Yes No
MetaTrader 5 (MT5) No No
Currenex No No
cTrader No No

Trading Tools

80 % 60 %
Trading Tools
Trading Tools DukascopyDegiro
Financial leverage Yes Yes
Virtual Trading (Demo) Yes Yes
Alerts – Basic Fields Yes No
Charting – Indicators / Studies (Total) Yes Yes
Charting – Drawing Tools (Total) Yes Yes
Charting – Trade From Chart No Yes
Stop-Loss Yes Yes
Finacial Calendar Yes No
Daily financial news Yes No
Order Type – Trailing Stop No No

Research

50 % 33 %
Research
Research DukascopyDegiro
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes No
Weekly Webinars Yes No
Social Sentiment – Currency Pairs No No
Economic Calendar No No
Research No Yes

Education

50 % 33 %
Education
Education DukascopyDegiro
Has Education – Forex Yes No
Has Education – CFDs Yes No
Client Webinars Yes No
Videos – Advanced Trading Videos No No
Investor Dictionary (Glossary) No Yes
Education No Yes

Forex

100 % 0 %
Forex
Forex DukascopyDegiro
GBP/USD Yes No
USD/JPY Yes No
EUR/USD Yes No
USD/CHF Yes No
USD/CAD Yes No
NZD/USD Yes No
AUD/USD Yes No

Commodities

45 % 0 %
Commodities
Commodities DukascopyDegiro
Gold No No
Silver Yes No
WIT Oil Yes No
Brent Oil Yes No
Coffee Yes No
Cocoa Yes No
Soybeans No No
Rice No No
Corn No No
Platinum No No
Palladium No No

Indicies

100 % 100 %
Indicies
Indicies DukascopyDegiro
DAX 40 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes Yes
Nikkei Yes Yes

Cryptocurrencies

40 % 0 %
Cryptocurrencies
Cryptocurrencies DukascopyDegiro
Bitcoin Yes No
Litecoin Yes No
Ethereum Yes No
Ripple No No
Neo No No
Stellar Yes No
Cardano No No
Tron No No
Monero No No
EOS No No

Regulations

0 % 17 %
Regulations
Regulations DukascopyDegiro
Cysec No No
ASIC (Australia) No No
FCA (UK) No No
Authorised in the European Union (EU) No Yes
CFTC Registered (USA) No No
FINMA (Switzerland) No No

Support

100 % 67 %
Support
Support DukascopyDegiro
Chat Yes No
Phone Yes Yes
Mail Yes Yes

Overall

41 % 23 %
Overall
Overall DukascopyDegiro

Our Recommendations

Best for Dukascopy

Thanks to comprehensive educational materials and a user-friendly platform, Dukascopy is an ideal choice for new traders.

Best Platform Dukascopy

The trading platform of broker Dukascopy offers an intuitive interface and advanced features for efficient trading.

Lowest Costs

Both brokers have comparable fee structures and spreads.

Dukascopy Degiro