Compare Dukascopy vs Titan FX - ECN Broker Comparison

Compare Dukascopy vs Titan FX

Dukascopy versus Titan FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, JForex 3500+FCMC
$200MT470+VFSC

Dukascopy and Titan FX Comparison

These both provide ECN access. Dukascopy offers MT4 and JForex 3, while Titan FX provides MT4. Dukascopy offers traders access to the SWFX Marketplace of liquidity, while Titan FX co-locates its trading servers with those of liquidity providers at Equinix's NY4 Data Centre. Dukascopy is regulated by the FCMC in Latvia. Titan FX is regulated by the VFSC in Vanuatu.

ECN conditions

Both offer platforms suitable for ECN trading and styles associated with it, such as automated trading. Each provides an infrastructure dedicated to fast order transmission, with (each says) no restrictions on trading styles.

Quick comparison

Both offer ECN trading: Dukascopy on MT4 and JForex 3, Titan FX on MT4. Dukascopy can offer more markets and a wider range.

Minimum deposit and account types

The minimum deposit for Dukascopy is $100. The minimum deposit for Titan FX is $200.

  • 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.
  • Titan FX offers the Zero Standard STP account, the Blade ECN Zero account, an Islamic account and the Active Trader Program. Hedging, scalping and EAs are allowed for all account types, as is micro lot trading. Titan FX offers markets analysis, economic news, self improvement articles for a 'Forex Lifestyle' and an economic calendar. Titan FX uses Equinix's NY4 Data Centre for fast order execution.
  • Titan FX's Standard and Islamic accounts do not charge commissions, the Blade ECN account does charge commissions.
  • Titan FX's Active Trader Program provides a dedicated relationship manager, segregated client accounts, advanced reporting, custom solutions, virtual server hosting and aggregated anonymous data (AAD).

Markets

  • Dukascopy offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 500+ available.
  • Titan FX offers Forex, Indices, Energy and Precious Metals, with 70+ available.

Dukascopy provides 60+ Forex pairs, Titan FX offers 55+ Forex pairs.

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.
  • Spreads at Titan FX are variable and are from 0.0 for EUR/USD with commissions (with an average of 0.2) and an average of 1.2 without, 1.6 for UK100, 0.2 for Gold and 0.06 for US Crude Oil.

Maximum leverage for Dukascopy EU . Maximum leverage for Titan FX is 500:1.

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.
  • Titan FX charges a commission of $0.035 per 0.01 lots (i.e. $3.50 per lot) per side (thus $0.07 per micro lot round trip) on the Blade ECN account. Titan FX says that it approximates the USD charges and has a monthly review of these approximations for other account currencies.

Online trading platforms

Dukascopy provides MT4, JForex, JForex Web and apps. FXCC provides MT4 desktop, web and apps. These platforms are thus available on desktop, tablet and mobile.

Why Dukascopy or Titan FX ?

Both offer ECN trading. Dukascopy's platform is JForex, while Titan FX's platform is MT4. Dukascopy has more markets available to trade on JForex.

Comparison summary

  • Both provide ECN access
  • Each can offer low spreads plus a commission charge
  • Titan FX can also provide STP trading, with no commission charge
  • Dukascopy offers MT4 and JForex 3
  • Titan FX provides MT4

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