| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| BlackBull | $0 Minimum Deposit | MT4, MT5, cTrader, TradingView, BlackBull Shares Trading Platforms | 26,000+ Markets To Trade | BlackBull allows a wide range of trading including automated trading and copy trading, offers a wide range of platforms and has 26,000+ Stocks CFDs on a mobile app About |
| Dukascopy | $1000 Minimum Deposit | MT4, JForex Trading Platforms | 1000+ Markets To Trade | Dukascopy offers trading, including automated trading, on MT4 and JForex (a platform with a relatively large number of indicators) and provides an account denominated in Gold About |
BlackBull vs Dukascopy Bank Comparison
Both brokers offer MT4. BlackBull additionally provides MT5 (the successor to MT4), cTrader and TradingView. Dukascopy Bank additionally offers JForex, a relatively user friendly platform with a large number of inbuilt technical indicators. cTrader is known for integrating copy trading and automated trading into a user friednly platform, while JForex (which is built by Dukascopy Bank) is known for stability as well as a wide range of inbuilt technical indicators. BlackBull also provides its BlackBull Shares mobile app, with 26,000+ markets to trade along with its BlackBull Trade mobile app. Copy trading is supported on a number of platforms at BlackBull, including the BlackBull CopyTrader
Quick comparison
Both provide MT4. BlackBull additionally offers MT5, TradingView and cTrader, while Dukascopy Bank additionally offers JForex and BlackBull provides its Shares Trading Platform.
Minimum deposit and account types
The minimum deposit for BlackBull is $0. The minimum deposit for Dukascopy Bank is $1000.
- BlackBull offers an ECN Standard account with a minimum deposit of $0 and an ECN Prime account with a minimum deposit of $2000. It has an Islamic account for each of these account types. BlackBull additionally provides a Shares Trading Account, to access its BlackBull Shares mobile app. BlackBull also offers an ECN Institutional account with a minimum deposit of $20,000. BlackBull's ECN Standard account does not have a commission charge, thus can offer higher spreads compared with its other accounts which charge commissions. BlackBull offers an FX Academy and Market Analysis on its site. BlackBull offers social and copy trading on ZuluTrade, Myfxbook and BlackBull CopyTrader. The minimum trade size is 0.01 lots.
- Dukascopy Bank offers an account type with differing features for higher deposits. A Swap-free (Islamic) account is available as well. Dukascopy Bank provides webinars through the JForex 3 platform. Dukascopy Bank 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). Dukascopy Bank does not restrict trading styles. Market News, Research and Trading Tools including an Economic Calendar as well as Videos and Webinars are available on Dukascopy Bank's website.
Markets
- BlackBull offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks and Options, with 26,000+ available.
- Dukascopy Bank offers Forex, Indices, Energy, Cryptocurrencies, Metal, Stocks, Options, ETFs and Soft Commodities, with 1000+ available. On MT4, Dukascopy Bank has 40+ Forex pairs.
| Broker | Trading Platforms | Description |
|---|---|---|
| BlackBull Broker | MT4, MT5, cTrader, BlackBull Shares Trading Platforms | BlackBull provides trading, including automated trading via MT4, MT5, cTrader and TradingView, offers social and copy trading and has 26,000+ Stocks CFDs to trade Description |
| Dukascopy Broker | MT4, JForex Trading Platforms | Dukascopy Bank offers trading, including automated trading, on both MT4 and JForex Description |
Spreads and leverage
- BlackBull and Dukascopy Bank can offer low Forex spreads plus a commission charge. BlackBull can additionally offer Forex spreads from 0.8 without a commission charge.
Maximum leverage for BlackBull is 500:1. Maximum leverage for Dukascopy Bank is 200:1.
Commission charge
- BlackBull does not charge a commission on its ECN Standard account and charges commission of $3 per standard lot per side ($30 per million US per side) on its ECN Prime account. For its ECN Institutional account, commissions are negotiable.
- Dukascopy Bank charges a commission which varies depending on the volume traded, the initial deposit and equity in the account.
- For Forex, Dukascopy Bank commissions range from $35 per million USD per side, to $10 per million USD traded per side.
- For other markets except Stocks, Dukascopy Bank commissions range from $52.5 per million USD per side, to $15 per million USD per side.
Online trading platforms
Both provide MT4. BlackBull additionally offers MT5, cTrader, TradingView and its BlackBull Shares mobile app, BlackBull Trade app and BlackBull CopyTrader. Dukascopy Bank additionally provides JForex.
Why BlackBull or Dukascopy Bank ?
Traders who want to trade on MT4 may do so at either broker. Traders who want to trade on MT5 (the successor to MT4), cTrader and TradingView can find these platforms at BlackBull. Traders who want to trade on JForex may do so at Dukascopy Bank. Traders who want to trade a large number of Stocks CFDs, can do this at BlackBull (26,000+ on its Shares Trading Platform). Those who want to copy trade may do do at BlackBull (including with cTrader Copy and BlackBull CopyTrader)
Comparison summary
- Both provide CFD trading
- Each offers MT4
- BlackBull additionally offers MT5, cTrader and TradingView
- Dukascopy Bank additionally provides JForex
- BlackBull additionally offers its Shares Trading Platform
- BlackBull provides 26,000+ markets to trade
