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
$200MT4, MT570+VFSC

Dukascopy and Titan FX Comparison

Dukascopy offers MetaTrader 4 (MT4) and JForex. Titan FX provides MT4 and MetaTrader 5 (MT5), the successor to MT4. Both are ECN brokers, but Dukascopy offers more markets to trade and a wider range.

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 and MT5. 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 market analysis, Forex monthly commentary, economic news, Forex education and self improvement articles for a 'Forex Lifestyle'. Titan FX uses Equinix's NY4 Data Centre for fast order execution. Titan FX supports social and copy trading via ZuluTrade and signal trading via MetaTrader.
  • 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 Metals, with 70+ available.

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

Spreads and leverage

Dukascopy offers Forex spreads from 0.1 plus a commission charge. Titan FX provides Forex spreads from 0 plus a commission charge and from 1 without a commission charge.

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 and apps. FXCC provides MT4, MT5 and apps.

Why Dukascopy or Titan FX ?

Traders who want to trade on MetaTrader 4 (MT4) can do so at either broker. Traders who want to trade on MetaTrader 5 (MT5), the successor to MT4 can do so at Titan FX. Traders who want to trade on JForex, which is a platform supporting automated trading (like MT4 and MT5) and has a relatively large number of technical indicators, may do so at Dukascopy. Traders who want to trade a relatively large number and wide range of markets for an ECN broker, can do so at Dukascopy.

Comparison summary

  • Both brokers provide CFD trading
  • Each offers MT4
  • Titan FX additionally provides MT5
  • Dukascopy additionally offers JForex
  • Both provide ECN trading and support automated trading
  • Dukascopy has more markets to trade and a wider range

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