Compare Dukascopy vs FXCC - ECN Broker Comparison

Compare Dukascopy vs FXCC

Dukascopy versus FXCC Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, JForex 3500+FCMC
$100MT445+CySEC

Dukascopy and FXCC Comparison

These brokers both offer ECN trading, with low spreads plus a commission charge. Dukascopy provide direct market access to its SWFX Marketplace of liquidity, while FXCC is an STP/ECN broker, using liquidity providers. The trading platforms provided by Dukascopy are MT4 and JForex 3, while FXCC offers MT4. These platforms support both manual and automated trading.

FXCC has a smaller number of individual markets and a less expansive range of markets, but it does offer on one of its account types, ECN trading with no commission charge. This account types has a higher minimum deposit that Dukascopy. Dukascopy is regulated by the FCMC in Latvia, while FXCC is regulated by the CySEC in Cyprus.

Quick comparison

While both provide ECN trading with very low spreads, plus a commission charge, Dukascopy can offer many more markets to trade, however FXCC can offer ECN spreads without a commission charge on one of its accounts, for smaller account sizes. For larger account sizes, Dukascopy can offer lower commission charges.

Minimum deposit and account types

The minimum deposit for Dukascopy is $100. The minimum deposit for FXCC 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.
  • FXCC offers three account types, the ECN Standard account which has a minimum deposit of $100, the ECN XL account which has a minimum deposit of $500 and the ECN Advanced account which has a minimum deposit of $100,000.
  • All FXCC account types provide ECN/STP order execution, micro lots (0.01 lots), free technical analysis, allow scalping and EAs and provide a personal account manager. All trading styles are allowed at FXCC, hedging is supported and a news feed and analysis is available on the website. The ECN Advanced account allows Indices trading and has lower commission charges.

Markets

  • Dukascopy offers Forex, Indices, Metals, Energy, Stocks, Cryptocurrencies and Soft Commodities, with 500+ available.
  • FXCC provides Forex, Indices and Precious Metals on the ECN Advanced account, with 50 available.
  • FXCC offers Forex and Precious Metals on the ECN Standard and the ECN XL account, with 30 available.

Dukascopy provides 60+ Forex pairs, FXCC offers 25+ Forex pairs.

Cryptocurrency CFDs

  • Dukascopy offers Bitcoin and Ethereum.

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 FXCC are variable and are from 0.1 for EUR/USD (with a typical range under normal market conditions of 0.2-0.6) and around 0.25 for Gold.

Maximum leverage for Dukascopy EU is . Maximum leverage for FXCC 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.
  • FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.50 per lot per side for Metals.
  • For deposits of less than or equal to $10,000, FXCC's ECN XL account does not charge commissions and for deposits greater than $10,000 the ECN XL account charges commissions of 0.3 pips per lot per side.
  • FXCC's ECN Advanced account charges commissions of 0.4 pips per lot per side for Forex and $4 per lot per side for Metals, Energy and Indices.

Platforms

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

Comparison summary

  • They each offer ECN trading
  • FXCC can offer ECN trading with no commission charge on its ECN XL account
  • FXCC's ECN XL account has a higher minimum deposit
  • Dukascopy can have more competitive commission charges for larger accounts
  • Dukascopy provides more individual markets and a wider range of markets overall
  • Dukascopy offers MT4 and JForex 3, FXCC provides MT4
  • Both are regulated

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