Compare Dukascopy vs GKFX - Trading Brokers Comparison

Compare Dukascopy vs GKFX

Dukascopy versus GKFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, JForex 3500+FCMC
$100MT4300+MFSA

Dukascopy and GKFX Comparison

Dukascopy is an ECN broker offering trading on JForex and MT4. GKFX is an MT4 broker. On MT4, GKFX has considerably more markets to trade and a wider range. Dukascopy is an ECN broker and can offer low spreads plus a commission charge. GKFX provides Forex trading with and without a commission charge and can have tight Forex spreads on its VIP account.

GKFX is regulated by the MFSA in Malta. in the United Kingdom, Dukascopy is regulated by the FCMC in Latvia.

Quick comparison

Both broker offer MT4. Dukascopy additionally provides JForex.

Minimum deposit and account types

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

  • Dukascopy offers trading on 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.
  • GKFX provides Standard, Premium and Corporate accounts. The minimum deposit for the Standard account is $100. The minimum deposit for the Premium account is $20,000 and the minimum deposit for the Corporate account is $25,000.
  • GKFX offers Trading Central and Autochartist. A free Virtual Private Server (the Welcome VPS) is available to clients with a starting balance of £2,500, T&Cs apply. GKFX additionally provides an Economic Calendar, education and videos on its website.

Markets

  • Dukascopy offers Forex, Indices, Energy, Metals, Stocks and Cryptocurrencies and Soft Commodities, with 500+ available.
  • GKFX offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies, Soft Commodities and Bonds, with 300+ available.

Dukascopy provides 60+ Forex pairs, GKFX offers 90+ Forex pairs.

Cryptocurrency CFDs

  • Dukascopy offers Bitcoin and Ethereum.
  • GKFX offer Bitcoin, Ethereum, Litecoin and Ripple.

Spreads and leverage

Both brokers can offer low Forex spreads plus a commission charge. GKFX can additionally provide Forex spreads from 0.6 without a commission charge.

Maximum leverage for Dukascopy EU is . The maximum leverage for GKFX 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.
  • GKFX charges commissions of €6 per lot on its Premium account.

Online trading platforms

Dukascopy provides MT4, JForex 3 and apps. GKFX offers MT4 and apps.

Why Dukascopy or GKFX ?

Traders who want to trade on MT4 may do so at either broker. Traders who want to trade on JForex can do so at Dukascopy. Traders who want to trade Forex without a commission charge may do so at GKFX. Traders who want to trade a wider range of markets on MT4 can do so at GKFX.

Comparison summary

  • Each broker provides CFD trading
  • Both offer MT4
  • Dukascopy additionally provides JForex
  • GKFX offers more markets and a wider range on MT4
  • Dukascopy has more markets to trade overall (on JForex)
  • Dukascopy is an ECN broker

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