Compare Trading212 vs Dukascopy
Trading212
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Dukascopy
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Established | 2017 | Established | 2004 |
Web | Web | ||
Country | UK | Country | Switzerland |
Regulation | Regulation | ||
Number of CFD asset classes | 6 | Number of CFD asset classes | 6 |
Broker type | MM | Broker type | ECN, MM |
Support | Support | ||
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 | Platforms | ||
Funding methods |
* Some of the payment methods may not be available in your country.
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Funding methods |
* Some of the payment methods may not be available in your country.
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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.
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
- Currency Pairs: Broker Trading212 offers a total of 30 currency pairs.
- Instruments: You can find over 250+ instruments at broker Trading212.
- 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
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 .
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 |
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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 |
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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 |
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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 |
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Chat | Yes | Yes |
Phone | Yes | Yes |
No | Yes | |
Support rating | 67% | 100% |
Winner |
Overall
# | Trading212 | Dukascopy |
---|---|---|
Go to the full broker review | Trading212 | Dukascopy |
Win / Loss % | 47% | 41% |
Winner |