AvaTrade vs Dukascopy Europe - Trading Brokers Comparison

AvaTrade vs Dukascopy Europe | Brokerage Comparison

AvaTrade vs Dukascopy Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, AvaOptions250+CBI, FSC, ASIC, FSCA, FSA & FFAJ
$100MT4, JForex500+FCMC

AvaTrade vs Dukascopy Comparison

Both AvaTrade and Dukascopy offer trading on MetaTrader 4 (MT4). MT4 is AvaTrade's main platform and it provides more markets to trade and a wider range than Dukascopy. Dukascopy's main platform is JForex, on which it has more markets than AvaTrade on MT4 (but not a wider range). AvaTrade also offers FX Options trading on a separate platform (AvaOptions).

Both brokers allow the use of automated trading, on MT4 in the case of both brokers and on JForex in the case of Dukascopy (as well as building and backtesting these robots). Each also supports traders who do not use automated trading strategies, rather execute their own trades.

AvaTrade is regulated by the CBI in Ireland, the ASIC in Australia, the FSCA in South Africa, the FSA and the FFAJ in Japan and the FSC in the British Virgin Islands.

Dukascopy is regulated by the FCMC in Latvia.

Quick comparison

Both brokers offer MT4. AvaTrade also provides AvaOptions and Dukascopy additionally offers JForex. AvaTrade has a wider range of markets, while Dukascopy has a greater number (on JForex).

Minimum deposit and key account features

The minimum deposit for AvaTrade is $/€/£100. The minimum deposit for Dukascopy is $100.

  • AvaTrade provides an Economic Calendar on its web site, AutoChartist (for a $500 minimum deposit) and Sharp Trader (which has education and analysis). Additionally AvaTrade allows the trader to use DupliTrade and ZuluTrade, which support copy trading. EAs and scalping are allowed at AvaTrade.
  • 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

  • AvaTrade offers spread betting (in the UK), in Forex, Indices, Energy, Cryptocurrencies and Metals, with 40+ available.
  • AvaTrade offers CFD trading in Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks, Soft Commodities, ETFs, Bonds and Options, with 200+ available.
  • Dukascopy offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks and Soft Commodities, with 500+ available. On MT4, Dukascopy offers Forex, Gold and Silver with 40+ available.

Cryptocurrency CFDs

  • AvaTrade provides Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, DASH, EOS, Bitcoin Gold and Stellar.
  • Dukascopy offers Bitcoin and Ethereum.

Spreads and leverage

  • Dukascopy can offer low Forex spreads plus a commission charge. AvaTrade can offer Forex spreads from 0.9 without a commission charge.

Maximum leverage for AvaTrade (CBI regulated) is . Maximum leverage for Dukascopy (FCMC regulated) is .

Platforms

AvaTrade offers MT4 and AvaOptions as well as apps. Dukascopy provides MT4 and JForex and apps.

Why AvaTrade or Dukascopy ?

These brokers each offer MT4. However AvaTrade has more markets and a considerably wider range of MT4. Both allow automated trading. However Dukascopy is an ECN broker. In addition to MT4, Dukascopy offers JForex. On JForex Dukascopy provides a wider range of markets than on MT4, not as wide as AvaTrade on MT4, but a larger number. AvaTrade has another platform, the AvaOptions platform, which allows trading on FX Options.

Comparison summary

  • Both brokers offer CFD trading
  • In the UK, AvaTrade additionally provides MT4 spread betting
  • Both brokers offer MT4
  • AvaTrade has a wider range of markets on MT4
  • Dukascopy additionally provides JForex (on which it has a greater number of markets to trade)
  • AvaTrade also offers FX Options CFD trading on AvaOptions

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