Dukascopy vs. FXCM
Comparison: Dukascopy vs. FXCM – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.
Winner of this comparison: FXCM with an overall rating of 52%
Basic information
| Basic information |  Dukascopy |  FXCM |
|---|---|---|
| Deposit | 100 EUR/USD | 50 EUR/USD |
| Spreads | 1.02 EUR/USD | 1 EUR/USD |
| Established | 2004 | 1999 |
| Currency Pairs (Total Forex pairs) | 64 | 20 |
| Country | Switzerland | Germany |
| Regulation | Yes | FCA (UK), Authorised in the European Union (EU), ASIC (Australia), Cysec |
| Trading app | MetaTrader 4 (MT4), Desktop Platform (Windows) | Desktop Platform (Windows), Web Platform, Social Trading / Copy-Trading |
| Number of CFD asset classes | 6 | 7 |
| Broker type | ECN, MM | MM |
| 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. Skrill, GiroPay, Qiwi, FasaPay, UnionPay, BitPay, Klarna, PaySafeCard, PayPal, Advcash, Cryptocurrencies, Poli, WebMoney |
| 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
If you don’t want to read the full comparison, the winner of our review is FXCM, which takes the lead with a rating of 52%, while Dukascopy only reaches 41%. Dukascopy requires a minimum deposit of 100 EUR/USD, while FXCM sets it at 50 EUR/USD. Conversely, FXCM scores with a lower minimum deposit. For Dukascopy, the spread is 1.02 EUR/USD, while for FXCM it is 1 EUR/USD. Lower spreads at FXCM give it the edge. Dukascopy offers 64 forex pairs, while FXCM provides 20. A wider selection gives Dukascopy the advantage. Dukascopy was founded in 2004, while FXCM has been operating since 1999. The older FXCM has the upper hand in this regard. This advantage goes to FXCM, while Dukascopy lacks it. Dukascopy is overseen by 0 regulatory bodies, while FXCM has 4. Stricter oversight at FXCM gives it an advantage. Dukascopy supports 2 platforms, while FXCM offers 3. More options are provided by FXCM.
41%
Dukascopy
52%
FXCM
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.
FXCM
- The broker is regulated in four Tier-1 jurisdictions and two Tier-2 jurisdictions.
- FXCM has received awards for the best tools and platforms, professional trading, algorithmic trading, and copy trading.
- FXCM publishes monthly execution reports, including statistics on slippage and order execution quality.
Comparison by Categories
Comprehensive Comparison: Dukascopy vs FXCM
Dukascopy FXCM Investments
75 % 88 %| Investments | Dukascopy | FXCM |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 64 | 20 |
| CFDs – Total Offered | 593+ | 200+ |
| Options CFD | No | Yes |
| Share CFDs | No | No |
| Forex CFD | Yes | Yes |
| Commodities CFD | Yes | Yes |
| ETF CFD | Yes | Yes |
| Indicies CFD | Yes | Yes |
| Cryptocurrency traded as actual | Yes | Yes |
| Cryptocurrency traded as CFD | Yes | Yes |
Cost
80 % 20 %| Cost | Dukascopy | FXCM |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 1.02 | 1 |
| Deposit from | 100 | 50 |
| Account fee | No | No |
| Inactivity fee | Yes | Yes |
| Active Trader or VIP Discounts | No | Yes |
| Withdrawal fees | No | Yes |
| Deposit fees | No | Yes |
Trading app
29 % 43 %| Trading app | Dukascopy | FXCM |
|---|---|---|
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | No | Yes |
| Social Trading / Copy-Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | No | No |
| Currenex | No | No |
| cTrader | No | No |
Trading Tools
80 % 60 %| Trading Tools | Dukascopy | FXCM |
|---|---|---|
| Financial leverage | Yes | No |
| Virtual Trading (Demo) | Yes | Yes |
| Alerts – Basic Fields | Yes | Yes |
| Charting – Indicators / Studies (Total) | Yes | No |
| Charting – Drawing Tools (Total) | Yes | Yes |
| Charting – Trade From Chart | No | No |
| Stop-Loss | Yes | Yes |
| Finacial Calendar | Yes | Yes |
| Daily financial news | Yes | Yes |
| Order Type – Trailing Stop | No | No |
Research
50 % 50 %| Research | Dukascopy | FXCM |
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Social Sentiment – Currency Pairs | No | Yes |
| Economic Calendar | No | No |
| Research | No | No |
Education
50 % 67 %| Education | Dukascopy | FXCM |
|---|---|---|
| Has Education – Forex | Yes | No |
| Has Education – CFDs | Yes | Yes |
| Client Webinars | Yes | Yes |
| Videos – Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | No | No |
| Education | No | Yes |
Forex
100 % 100 %| Forex | Dukascopy | FXCM |
|---|---|---|
| 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 |
Commodities
45 % 36 %| Commodities | Dukascopy | FXCM |
|---|---|---|
| Gold | No | No |
| Silver | Yes | Yes |
| WIT Oil | Yes | No |
| Brent Oil | Yes | Yes |
| Coffee | Yes | No |
| Cocoa | Yes | Yes |
| Soybeans | No | Yes |
| Rice | No | No |
| Corn | No | No |
| Platinum | No | No |
| Palladium | No | No |
Indicies
100 % 80 %| Indicies | Dukascopy | FXCM |
|---|---|---|
| DAX 40 | Yes | No |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
40 % 40 %| Cryptocurrencies | Dukascopy | FXCM |
|---|---|---|
| Bitcoin | Yes | No |
| Litecoin | Yes | No |
| Ethereum | Yes | Yes |
| Ripple | No | No |
| Neo | No | No |
| Stellar | Yes | Yes |
| Cardano | No | Yes |
| Tron | No | No |
| Monero | No | Yes |
| EOS | No | No |
Regulations
0 % 67 %| Regulations | Dukascopy | FXCM |
|---|---|---|
| Cysec | No | Yes |
| ASIC (Australia) | No | Yes |
| FCA (UK) | No | Yes |
| Authorised in the European Union (EU) | No | Yes |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
Support
100 % 67 %| Support | Dukascopy | FXCM |
|---|---|---|
| Chat | Yes | No |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
41 % 52 %| Overall | Dukascopy | FXCM |
|---|
Our Recommendations
Best for FXCM
Thanks to comprehensive educational materials and a user-friendly platform, FXCM is an ideal choice for new traders.
Best Platform FXCM
The trading platform of broker FXCM offers an intuitive interface and advanced features for efficient trading.
Lowest Costs Dukascopy
offers competitive spreads and lower fees, making it ideal for active traders.
Dukascopy FXCM