Dukascopy Bank vs Plus500 - Trading Brokers Comparison

Dukascopy Bank vs Plus500 | Online Brokerage Comparison
Dukascopy Bank vs Plus500 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$1000
Minimum Deposit
MT4, JForex
Trading Platforms
1000+
Markets To Trade
Dukascopy Bank allows a wide range of trading styles (including automated trading) on MT4 and JForex
About
$100
Minimum Deposit
Web Trader, Downloaded Platform, Apps
Trading Platforms
2000+
Markets To Trade
Plus500 has a wide range of CFD markets on a user friendly trading platform
About

Dukascopy Bank vs Plus500 Comparison

Dukascopy Bank operates its own marketplace of liquidity called the SWFX Marketplace. It places no restrictions on trading styles and lets traders trade directly into the marketplace if they wish. For this kind of broker, it has a relatively large offering of markets, at 500+. To trade, it provides JForex and MT4. Like Dukascopy Bank, Plus500 offers CFD trading, but provides more (2000+). It also has a wider range of markets (with depth across categories such as Commodities and Indices CFDs). Plus500 gives traders a particularly accessible web trader and apps (the apps include a desktop download of the platform).

So Dukascopy provides features for traders who trade using automated trading strategies - robots, though traders who trade at their own discretion can also use JForex and MT4 (JForex has a large number of technical indicators inbuilt into the platform). Plus500 offers features to suit traders who trade at their own discretion, via the web trader and range and depth of market offering.

Quick comparison

Dukascopy Bank provides an offering potentially condusive to traders who trade with robots (and also supports discrectionary trading), while Plus500 provides an offering potentially condusive to traders who trade at their own discretion.

Minimum deposit and key account features

The minimum deposit for Dukascopy Bank is $1000. The minimum deposit for Plus500 is $/€/£100.

  • Dukascopy Bank offers an account type with differing features for higher deposits. A Swap-free (Islamic) account is available as well. Dukascopy Bank provides webinars through the JForex 3 platform. Dukascopy Bank offers 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 Bank does not restrict trading styles. Market News, Research and Trading Tools including an Economic Calendar as well as Videos and Webinars are available on Dukascopy Bank's website.
  • Plus500 provides CFD trading. For all traders, Plus500 offers an Economic Calendar on its website covering news events and market effects and has economic data integrated into its platform. Plus500 offers the +Insights tool which provides real time data abut the activity of other Plus500 traders. Additionally, Plus500 offers a Trading Academy on its website as well as News and Market Insights.

Markets

  • Dukascopy offers CFDs on Forex, Metals, Indices, Energy, Stocks, Cryptocurrencies, Agricultural Commodities, ETFs and Bonds, with 1000+ available.
  • Plus500 offers CFDs on Forex, Metals, Indices, Energy, Stocks, Cryptocurrencies, Agricultural Commodities, ETFs and Options, with 2000+ available.

Dukascopy Bank provides 60+ Forex pairs, Plus500 provides 55+ Forex pairs.

Dukascopy Bank vs Plus500 Summary Table
BrokerTrading PlatformsDescription
Dukascopy Bank
Broker
MT4, MT5
Trading Platforms
Dukascopy Bank provides trading (including automated trading) on MT4 and JForex, with a relatively large number of indicators on JForex
Description
Plus500
Provider
Web Trader & Apps
Trading Platforms
Plus500 provides a user friendly platform with a wide range of CFD markets and integrated analysis tools
Description

Cryptocurrency CFDs

  • Dukascopy Bank offers CFDs on Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar, EOS, Uniswap, Polygon, Cardano, Chainlink, Dashcoin, TRON, Aave, Maker, Compound, Enjin, Yearn Finance and Basic Attention Token.
  • Plus500 offers CFDs on Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar, EOS, Uniswap, Polygon, Cardano, Chainlink, NEO, IOTA, VeChain, Solana, Polkadot, Axie Infinity and Filecoin.

Weekend Trading

Both allow trading of Cryptocurrency CFDs at weekends as well as during the week.

Leverage

Maximum leverage for Dukascopy Bank is 200:1. Maximum leverage for Plus500 is .

Online trading platforms

Plus500 offers a web trader and apps including a desktop download. Dukascopy Bank offers MT4 and JForex (including a desktop web trader for JForex as well as desktop downloads for MT4 and JForex and other apps).

Why Dukascopy Bank or Plus500 ?

Traders who want to trade on MT4 and JForex may do so at Dukascopy Bank. Traders who want to trader on a user friendly platform for the trader who executes their own trades can find this at Plus500. Traders who want to trade using online trading robots, can do so on both MT4 and MT5 at Dukascopy Bank.

Comparison summary

  • Both offer CFD trading
  • Dukascopy Bank offers MT4 and JForex
  • Plus500 provides a user friendly platform
  • Dukascopy Bank allows automated trading on MT4 and JForex
  • Plus500 has a lower minimum deposit ($100 vs $1000)