24Option vs Dukascopy - Compare Trading Brokers

24Option vs Dukascopy | Online Brokerage Comparison

24Option vs Dukascopy Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$250MT4, Web Trader & Apps130+CySEC, IFSC
$100MT4, JForex500+FCMC

24Option vs Dukascopy Comparison

Dukascopy is an ECN broker, offering no dealing desk intervention trading on both the JForex and MetaTrader 4 (MT4) trading platforms. For an ECN broker it has a relatively large number of markets to trade (on JForex), with 500+. MT4 and JForex can both be used by the trader who makes the decision to execute their trades, however they are known as platforms supporting trading robots which execute trades on behalf of the trader. ECN brokers offer an environment which can be suited to automated traders. 24Option also offers MT4 and supports automated trading. However it offers as well a user friendly web trader and apps (for the human trader). 24Option is regulated by the CySEC in Cyprus and the IFSC in Belize. Dukascopy is regulated by the FCMC in Latvia.

Quick comparison

Both offer trading platforms plus MT4. 24Option's other platform is a web trader and apps, Dukascopy's is JForex which is available as desktop, download, a web trader and apps.

Minimum deposit and key account features

The minimum deposit for 24Option is $/€/£250. The minimum deposit for Dukascopy is $100.

  • 24Option offers an Economic Calendar, Market Reports, Analysis and Videos on its website and Trading Central.
  • Dukascopy offers one account type. A Swap-free (Islamic) account is available as well. Dukascopy offers webinars through the JForex 3 platform. Dukascopy offers traders access to the Swiss Foreign Exchange Marketplace liquidity pools, which it operates. The minimum trade size is 0.01 standard lots (1000 units).

Markets

  • 24Option offers Forex, Indices, Energy, Stocks, Cryptocurrencies, Soft Commodities and Metals, with 130+ available.
  • Dukascopy offers Forex, Indices, Energy, Stocks, Cryptocurrencies, Soft Commodities and Metals, with 500+ available. On MT4, Dukascopy offers Forex, Gold and Silver with 40+ available.

Cryptocurrency CFDs

  • 24Option offers Bitcoin, Ethereum, Litecoin, Ripple and DASH.
  • Dukascopy offers Bitcoin and Ethereum.

Leverage

Maximum leverage for 24Option (CySEC regulated) is . Maximum leverage for Dukascopy (FCMC regulated) is .

Online trading platforms

24Option offers a web trader and apps and MT4. Dukascopy provides JForex and MT4.

Why 24Option or Dukascopy ?

Traders who wish to use MT4 can use either broker. However traders who use Expert Advisors (MT4 trading robots) may appreciate Dukascopy's ECN trading environment. 24Option has a user friendly web trading platform and apps, designed for the human trader. Dukascopy's main platform is JForex, which is a platform allowing both automated and non-automated trading (it has a relatively large number of technical indicators built into the platform).

Comparison summary

  • Both provide CFD trading
  • Dukascopy offers ECN trading
  • 24Option has a user friendly web trader (and apps)
  • Both provide MT4
  • Dukascopy provides JForex
  • Dukascopy supports automated trading on both of its platforms

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