Compare Dukascopy vs ITRADER - CFD Broker Comparison

Compare Dukascopy vs ITRADER

Dukascopy versus ITRADER Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, JForex 3500+FCMC
$250MT4200+CySEC

Dukascopy and ITRADER Comparison

Dukascopy offers ECN trading, through a Marketplace of liquidity. For this access, it charges a commission, but offers low spreads. ITRADER does not charge commissions but does provide spreads which can get tighter with different account types requiring a higher minimum deposit.

Dukascopy offer MT4 and JForex3, while ITRADER provides MT4. Dukascopy is regulated by the FCMC in Latvia, while ITRADER is regulated by the CySEC in Cyprus.

Minimum deposit and account types

The minimum deposit for Dukascopy is $100. The minimum deposit for ITRADER is $250.

  • 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.
  • ITRADER provides three account types, Silver, Gold and Platinum. The current minimum deposit for Gold and Platinum is available upon request from the account manager assigned to the trader's account. Micro lot trading is offered. An Islamic account is available.
  • ITRADER provides an extensive animated trading course on its website. It also offers eBooks, webinars and daily reviews and provides hedging for all account types. The Gold account additionally provides extra webinars and videos and a dedicated account manager. The Platinum account additionally provides a Free VPS and News Alerts.

Markets

  • Dukascopy offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 500+ available.
  • ITRADER offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 200+ available.

Dukascopy provides 60+ Forex pairs, ITRADER offers 40+ Forex pairs.

Cryptocurrency CFDs

  • Dukascopy offers Bitcoin and Ethereum.
  • ITRADER offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash ABC, Bitcoin Gold, Ethereum Classic, Monero, DASH, Cardano, Bitcoin SV, IOTA, Lisk, NEO, Qtum, Siacoin, Tether, NEM, Stellar, Zcash, Verge, WAVES, TRON and Golem.

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.
  • ITRADER offers variable spreads, which can vary depending on account type. On ITRADER's Silver account, EUR/USD spreads are from 2.2, UK100 from 2, Gold from 0.59 and US Crude Oil from 0.07. On ITRADER's Platinum account, EUR/USD spreads are from 0.7, UK100 from 1, Gold from 0.37 and US Crude Oil from 0.03.

The maximum leverage for Dukascopy EU is . Maximum leverage for ITRADER 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.
  • ITRADER does not charge commissions.

Platforms

Dukascopy offers MT4, JForex 3, JForex Web 3 and apps. ITRADER provides MT4 and a web trader based on MT4.

Comparison summary

  • Dukascopy provides access to the SWFX ECN
  • Both ITRADER and Dukascopy offer variable spreads
  • Dukascopy provides low spreads with a commission charge
  • ITRADER offers spreads which can get tighter with higher account types
  • Dukascopy provides MT4 and JForex 3
  • ITRADER offers MT4
  • Dukascopy is FCMC regulated, ITRADER is CySEC regulated

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