Compare Dukascopy vs RoboMarkets - Online Brokerage Comparison

Compare Dukascopy vs RoboMarkets

Dukascopy vs RoboMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, JForex 3500+FCMC
$100MT4, MT5, R Trader Web Trader11,000+CySEC, IFSC

Dukascopy vs RoboMarkets Comparison

Both offer ECN trading. Dukascopy only offers ECN trading. RoboMarkets also provides a range of other account types. Dukascopy can offer more markets to trade for ECN trading, but RoboMarkets can provide more markets overall, with its R Trader platform.

Dukascopy offers MT4 and JForex 3 while RoboMarkets provides MT4 and MT5 for ECN trading. Dukascopy EU is regulated by the FCMC in Latvia. RoboMarkets is regulated by the CySEC in Cyprus and the IFSC in Belize.

ECN conditions

Each allows scalping, news trading and automated trading. Dukascopy Bank SA (of which Dukascopy EU is a subsidiary) operates the Swiss FX Marketplace (which is a centralised marketplace composed of decentralised combined liquidity from the Interbank market) and provides its traders access to it.

Quick comparison

Dukascopy is an ECN broker offering MT4 and JForex. RoboMarkets offers STP/ECN trading and provides MT4 and MT5, with less markets than Dukascopy. RoboMarkets also provides R Trader, where it can offer more markets.

Minimum deposit and account types

The minimum deposit for Dukascopy is $100. The minimum deposit for RoboMarkets is $100.

  • Dukascopy offers one account type. A Swap-free (Islamic) account is available as well. Dukascopy offers webinars through the JForex 3 platform. Dukascopy provides 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 does not restrict trading styles. Markets news and a calendar are available on Dukascopy's website.
  • RoboMarkets offers accounts based around its three platforms, MT4, MT5 and R Trader. MT4 and MT5 each offer a Pro-Standard, Pro-Cent and Pro-ECN account. MT4 additionally offers a Fix-Cent, a Fix-Standard, and ECN-Pro NDD and an ECN-Fixed Spread NDD and an MT4 Prime account. RoboMarkets's R Trader is a web trading platform, which has many more markets available than the other accounts. RoboMarkets also offers a CopyFx account (which supports transaction copying) and a RAMM account (which supports strategy copying).
  • RoboMarkets's minimum deposit for all accounts except MT4 Prime is $100. The minimum deposit for MT4 Prime is $5,000. The Prime account is an ECN account with lower commission charges. RoboMarkets offers an Islamic (Swap Free) version for some of these accounts. Micro lot trading is available.
  • RoboMarkets provides RoboForex Analytics on its website. This offers a range of tools including analysis, signals, videos and education. It offers StrategyQuant for building MT4 robots and the R Trader Strategy Builder.

Markets

  • Dukascopy offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 500+ available.
  • RoboMarkets's Cent account offers Forex and Precious Metals, for a total of 35+.
  • RoboMarkets's Standard and ECN accounts offer Forex, Indices, Cryptocurrencies, Energy and Precious Metals, for a total of 45+.
  • On its R Trader account, RoboMarkets offers Forex, Indices, Cryptocurrencies, Stocks and ETFs, for a total of 11,000+.

Dukascopy provides 60+ Forex pairs, RoboMarkets provides 45+ Forex pairs (on R Trader).

Cryptocurrency CFDs

  • Dukascopy offers Bitcoin and Ethereum.
  • RoboMarkets offers Bitcoin, Ethereum, Litecoin, Ripple, Dash, Bitcoin Cash, EOS, Bitcoin Gold, Golem, IOTA, NEO, OmiseGO, Qtum and Monero.

Spreads and leverage

  • Spreads at Dukascopy are variable and are from 0.1 for EUR/USD (with an average of 0.2), 1 for UK100, 0.10 for Gold and 0.02 for US Crude Oil, plus a commission charge.
  • On RoboMarkets's Pro-Cent and Pro-Standard accounts, the average spread for EUR/USD is 1.6 and Gold 2.23. On the ECN accounts the minimum spread for EUR/USD is 0.1, Gold 0.8 and US Crude Oil 0.01. On the Prime account, the minimum spread for EUR/USD is 0.0, Gold 0.4 and US Crude Oil 0.01

Maximum leverage for Dukascopy EU is . Maximum leverage for RoboMarkets (CySEC regulated) is .

Commissions

  • Dukascopy charges a commission which varies depending on the volume traded, the initial deposit and equity in the account.
  • For Forex, Dukascopy commissions range from $35 per million USD per side, to $10 per million USD traded per side.
  • For other markets except Stocks, Dukascopy commissions range from $52.5 per million USD per side, to $15 per million USD per side.
  • RoboMarkets commission are $2 per lot per side for its ECN accounts except for its Prime account where they are $1.5 per lot per side.

Platforms

Dukascopy provides MT4, JForex 3, JForex Web 3 and apps. RoboMarkets offers MT4 and MT5 desktop, MT4 and MT5 apps and R Trader.

Comparison summary

  • These each offer ECN trading
  • Dukascopy provides ECN trading on MT4 and JForex 3
  • RoboMarkets offers ECN trading on MT4 and MT5
  • Dukascopy can provide more markets on its ECN account
  • RoboMarkets can offer more markets overall on R Trader
  • RoboMarkets can provide a range of other account types
  • Both are regulated

Search this site

Translate