FXOpen vs. Dukascopy

FXOpen
55%
Deposit 100 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2005
Currency Pairs (Total Forex pairs) 95
Country: UK, Australia
Regulation:
FCA (UK)
ASIC (Australia)
Trading app:
MetaTrader 4 (MT4)
Desktop Platform (Windows)
MetaTrader 5 (MT5)
Number of CFD asset classes: 5
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
Dukascopy
50%
Deposit 100 EUR/USD
Spreads 1.02 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2004
Currency Pairs (Total Forex pairs) 64
Country: Switzerland
Regulation:
Trading app:
MetaTrader 4 (MT4)
Desktop Platform (Windows)
Number of CFD asset classes: 6
Broker type: ECN, MM
Support:
Phone
Mail
Chat
Funding methods:
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:

Winner of the comparison

36%
FXOpen
41%
Dukascopy
Winner
If you don’t want to read the full comparison, the winner of our review is Dukascopy, which takes the lead with a rating of 41%, while FXOpen only reaches 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while Dukascopy sets it at 100 EUR/USD. The entry amount is the same for both. For FXOpen, the spread is 1 EUR/USD, while for Dukascopy it is 1.02 EUR/USD. Tighter spreads make FXOpen a more advantageous choice. FXOpen offers 95 forex pairs, while Dukascopy provides 64. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, while Dukascopy has been operating since 2004. The older Dukascopy has the upper hand in this regard. Unfortunately, neither of them offers this option. FXOpen is overseen by 2 regulatory bodies, while Dukascopy has 0. More regulations at FXOpen enhance its trustworthiness. FXOpen supports 3 platforms, while Dukascopy offers 2. A greater choice of platforms gives FXOpen the lead.

Comprehensive Comparison: FXOpen vs Dukascopy

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: Dukascopy with an overall rating of 41%
FXOpen
Min. Deposit
100
EUR/USD Spread
1
Currency Pairs
95
Year Established
2005
Dukascopy
Min. Deposit
100
EUR/USD Spread
1.02
Currency Pairs
64
Year Established
2004

Key Strengths

FXOpen
    • Micro accounts from just 1 USD allow starting with minimal capital
    • Support for MetaTrader 4 and 5 - the standard among traders
    • Free demo accounts for practicing strategies
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.

Comparison by Categories

Trading Tools
FXOpen
100%
Dukascopy
80%
Trading Platforms
FXOpen
43%
Dukascopy
29%
Trading Costs
FXOpen
80%
Dukascopy
80%
Educational Materials
FXOpen
33%
Dukascopy
50%
Customer Support
FXOpen
100%
Dukascopy
100%
Overall Rating
FXOpen
36%
Dukascopy
41%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, Dukascopy is an ideal choice for new traders.
Best Platform
The trading platform of broker FXOpen offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Investments
# FXOpen Dukascopy
Currency Pairs (Total Forex pairs) 95 64
CFDs – Total Offered 110+ 593+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 62% 75%
Winner
Cost
# FXOpen Dukascopy
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1 1.02
Deposit from 100 100
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# FXOpen Dukascopy
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 43% 29%
Winner
Trading Tools
# FXOpen Dukascopy
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 100% 80%
Winner
Research
# FXOpen Dukascopy
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 33% 50%
Winner
Education
# FXOpen Dukascopy
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 33% 50%
Winner
Forex
# FXOpen Dukascopy
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# FXOpen Dukascopy
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 0% 45%
Winner
Indicies
# FXOpen Dukascopy
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 60% 100%
Winner
Cryptocurrencies
# FXOpen Dukascopy
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 20% 40%
Winner
Regulations
# FXOpen Dukascopy
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 0%
Winner
Support
# FXOpen Dukascopy
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# FXOpen Dukascopy
Go to the full broker review FXOpen Dukascopy
Win / Loss % 36% 41%
Winner