Compare Trading212 vs Dukascopy

Trading212
Trading212
Dukascopy
Dukascopy
Established 2017 Established 2004
Web Web
Country UK Country Switzerland
Regulation FCA (UK) Regulation
Number of CFD asset classes 6 Number of CFD asset classes 6
Broker type MM Broker type ECN, MM
Support Phone Chat Support Phone Mail Chat
Deposit 100 EUR/USD Deposit 100 EUR/USD
Spreads 1.5 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. Spreads 1.02 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change.
Real Stocks and ETFs Real Stocks and ETFs
Platforms Desktop Platform (Windows) Web Platform Platforms MetaTrader 4 (MT4) Desktop Platform (Windows)
Funding methods
Skrill GiroPay Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.
Funding methods
Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.

Overall Broker Rating

If you don't want to read the entire comparison, we can say that the winner between Trading212 and Dukascopy is Trading212. based on our evaluated parameters.

47%
Trading212
41%
Dukascopy

If you are interested in more rating parameters, you can continue reading the full comparison between these brokers. Our broker comparison is based on available information and parameters, and thus subjective. We recommend exploring other sources.

Broker Comparison: Trading212 vs Dukascopy

We compared Trading212 and Dukascopy to find out the key differences between these brokers. Our goal was to create a broker comparison to provide an overview of their features, fees, trading platforms, instruments, and more.

Below is the comparison of Trading212 VS Dukascopy

In our testing, we evaluated various aspects that we liked, disliked, or were indifferent about. We aimed to be objective and fair in assessing certain features based on what the broker offered compared to how competitive its fees are. Additionally, we created a unique rating system that we use to evaluate all brokers.

Key Broker Parameters

Trading212
  • Currency Pairs: Broker Trading212 offers a total of 30 currency pairs.
  • Instruments: You can find over 250+ instruments at broker Trading212.
Dukascopy
  • Currency Pairs: Broker Dukascopy offers a total of 64 currency pairs.
  • Instruments: You can find over 593+ instruments at broker Dukascopy.

Educational Resources and Trading Platforms

Trading212

Educational Resources:

  • Client Webinars
  • ,
  • Has Education – CFDs
  • ,
  • Education
  • ,
  • Has Education – Forex
  • ,
  • Investor Dictionary (Glossary)
  • ,
  • Videos – Advanced Trading Videos
  • .

Trading Platforms:

  • Desktop Platform (Windows)
  • ,
  • Web Platform
  • .
Dukascopy

Educational Resources:

  • Client Webinars
  • ,
  • Has Education – CFDs
  • ,
  • Has Education – Forex
  • .

Trading Platforms:

  • MetaTrader 4 (MT4)
  • ,
  • Desktop Platform (Windows)
  • .

Pros and Cons: Trading212

Pros

  • Trading with fractional shares is possible from as low as 1 EUR, even automatically.
  • The offering also includes purchase of real stocks and ETFs with no fees.
  • Investing in stocks from lesser-known exchanges worldwide expands portfolio diversification opportunities.
  • All deposits and withdrawals, including those via payment cards, are free of charge, reducing fee costs.
  • Trading 212 offers a comprehensive selection of CFD products, including stocks, ETFs, forex, indices, commodities, and cryptocurrencies, providing a wide spectrum of options for implementing various trading strategies.

Cons

  • Some experienced traders who prefer using the MetaTrader 4 platform may be dissatisfied with its unavailability.
  • Although there are no fees for trading stocks and ETFs, investors may encounter additional costs due to potential currency exchange needs when making purchases.
  • The primary language for communication is English, which could pose a challenge for some users, especially since there is no option for telephone support.

Pros and Cons: Dukascopy

Pros

  • 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.

Cons

  • Trading conditions and proposals may vary depending on the country or regulatory authority under which trading takes place.
  • Unlike some other brokers, Dukascopy does not offer the MetaTrader 5 (MT5) platform.
  • Withdrawals may incur fees depending on the currency and withdrawal method.
  • The fee structure is quite complex and varies according to the type of traded instrument and trading volume.

Licenses and Regulations Trading212

Licences and regulation

Trading212 Broker holds authorizations and licenses from various regulatory bodies around the world, including:

  • Trading 212 Ltd. - FSC (Bulgaria) registration no. RG-03-0237
  • Trading 212 UK Ltd. - FCA (UK) registration no. 609146
  • Trading 212 Markets Ltd. - CySEC (Cyprus) registration no. 398/21

Licenses and Regulations Dukascopy

Licences and regulation

Dukascopy is regulated by the following authorities:

  • Dukascopy Dubai - DFSA (Dubai)
  • Dukascopy Japan K.K. (Type-1 licensed broker) - JFSA (Japan)
  • Dukascopy Europe IBS AS - FCMC (Latvia)
  • Dukascopy Bank - Swiss Financial Market Supervisory Authority FINMA

Investments

# Trading212 Dukascopy
Currency Pairs (Total Forex pairs) 30 64
CFDs – Total Offered 250+ 593+
Options CFD No No
Share CFDs Yes No
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD Yes Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual No Yes
Cryptocurrency traded as CFD Yes Yes
Real Stocks and ETFs Yes No
Investments rating 75% 75%
Winner

Cost

# Trading212 Dukascopy
Average Spread EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. 1.5 1.02
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
Cost rating 80% 80%
Winner

Trading app

# Trading212 Dukascopy
Desktop Platform (Windows) Yes Yes
Web Platform Yes No
Social Trading / Copy-Trading No No
MetaTrader 4 (MT4) No Yes
MetaTrader 5 (MT5) No No
Currenex No No
cTrader No No
Trading Platforms rating 100% 100%
Winner

Trading Tools

# Trading212 Dukascopy
Financial leverage Yes Yes
Virtual Trading (Demo) Yes Yes
Alerts – Basic Fields Yes Yes
Charting – Indicators / Studies (Total) Yes Yes
Charting – Drawing Tools (Total) Yes Yes
Charting – Trade From Chart Yes No
Stop-Loss Yes Yes
Finacial Calendar Yes Yes
Daily financial news Yes Yes
Order Type – Trailing Stop Yes No
Trading Tools rating 100% 80%
Winner

Mobile Trading

# Trading212 Dukascopy
Android App Yes Yes
Apple iOS App Yes Yes
Alerts – Basic Fields Yes No
SMS alerts No No
Mobile Trading Yes No
Mobile Trading rating 80% 40%
Winner

Research

# Trading212 Dukascopy
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars Yes Yes
Social Sentiment – Currency Pairs No No
Economic Calendar Yes No
Research Yes No
Research rating 83% 50%
Winner

Education

# Trading212 Dukascopy
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars Yes Yes
Videos – Advanced Trading Videos Yes No
Investor Dictionary (Glossary) Yes No
Education Yes No
Education rating 100% 50%
Winner

Forex

# Trading212 Dukascopy
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes
Major Forex Pairs rating 100% 100%
Winner

Commodities

# Trading212 Dukascopy
Gold Yes No
Silver Yes Yes
WIT Oil Yes Yes
Brent Oil Yes Yes
Coffee No Yes
Cocoa No Yes
Soybeans No No
Rice No No
Corn No No
Platinum No No
Palladium No No
Commodities rating 36% 45%
Winner

Indicies

# Trading212 Dukascopy
DAX 40 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes Yes
Nikkei Yes Yes
Indices rating 100% 100%
Winner

Cryptocurrencies

# Trading212 Dukascopy
Bitcoin Yes Yes
Litecoin Yes Yes
Ethereum Yes Yes
Ripple No No
Neo No No
Stellar No Yes
Cardano No No
Tron No No
Monero No No
EOS No No
Cryptocurrencies rating 30% 40%
Winner

Regulations

# Trading212 Dukascopy
Cysec No No
ASIC (Australia) No No
FCA (UK) Yes No
Authorised in the European Union (EU) No No
CFTC Registered (USA) No No
FINMA (Switzerland) No No
Regulations rating 17% 0%
Winner

Support

# Trading212 Dukascopy
Chat Yes Yes
Phone Yes Yes
Mail No Yes
Support rating 67% 100%
Winner

Overall

# Trading212 Dukascopy
Go to the full broker review Trading212 Dukascopy
Win / Loss % 47% 41%
Winner