| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| Deriv | $5 Minimum Deposit | MT5, cTrader, Deriv X, Deriv Trader, DBot, SmartTrader Trading Platforms | 100+ Markets To Trade | Deriv offers user friendly Deriv X and MT5 and cTrader along with a range of other platforms About |
| Dukascopy | $1000 Minimum Deposit | MT4, MT5, JForex Trading Platforms | 1000+ Markets To Trade | Dukascopy provides MT4, MT5 and JForex, supporting a wide range of trading styles About |
Dukascopy Bank vs Deriv Comparison
Deriv offers CFD trading on MetaTrader 5 (MT5). Dukascopy Bank provides CFD trading on MetaTrader 4 (MT5), MT5 and JForex.
Dukascopy provides considerably more markets to trade and is an ECN broker. Deriv however offers an MT5 STP account. Dukascopy charges commissions for margin trades, with spreads down to 0.1 pips, plus a commission charge. Deriv does not charge commissions.
Quick comparison
Both provides CFD margin trading. For margin trading, Deriv offers user friendly Deriv X MT5 while Dukascopy Bank provides MT4, MT5 and JForex.
Minimum deposit and key account features
The minimum deposit for Deriv is $5. The minimum deposit for Dukascopy Bank is $1000.
- Deriv offers a range of platforms and account types packaged into one platform. On its user friendly platform Deriv X it offers features such as a Trading Journal. Copy trading is supported via MQL5 Signals and cTrader Copy. While this page focuses on leveraged CFD trading, Deriv does provide other types of trading, including multipliers. Some products may not be available in some countries.
- Dukascopy Bank offers an account type with differing features for higher deposits. A Swap-free (Islamic) account is available as well. Dukascopy Bank offers webinars through the JForex platform. Dukascopy Bank 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 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.
Markets to trade
- Deriv offers Forex, Metals, Indices, Energy, Cryptocurrencies, Stocks and Options, with 100+ available.
- Dukascopy Bank offers Forex, Metals, Indices, Energy, Cryptocurrencies, Stocks, Options, Bonds, ETFs and Soft Commodities, with 1000+ available. On MT4, Dukascopy Bank offers Forex, Gold and Silver with 40+ available.
| Online Broker | Minimum Deposit | Deriv vs Dukascopy Bank |
|---|---|---|
| Deriv | $5 Minimum Deposit | Deriv provides margin CFD trading on user friendly Deriv X, cTrader and on MT5, with leverage up to 1000:1 (100:1 for STP trading). Deriv vs Dukascopy Bank |
| Dukascopy Bank | $1000 Minimum Deposit | Dukascopy Bank offers margin CFD trading on MT4, MT5 and JForex, with leverage up to 200:1. Deriv vs Dukascopy Bank |
Leverage
Maximum leverage for Deriv (MFSA regulated) is . Maximum leverage for Deriv (VFSC, BVIFSC, LFSA regulated) is 1000:1. Maximum leverage for Dukascopy Bank (FINMA regulated) is 200:1.
Online trading platforms
Deriv offers MT5, cTrader, Deriv X, Deriv Trader, SmartTrader and DBot. Dukascopy offers MT4, MT5 and JForex.
Why Deriv or Dukascopy Bank ?
Traders who want to trade on MT4 or the advanced JForex platform at an ECN broker which supports a wide range of trading styles may wish to consider Dukascopy Bank. Traders who want to trade on MT5 can use either broker. Traders who want to trade CFDs on a user friendly platform may wish to consider Deriv X on Deriv. Deriv provides 24/7 trading based on simulated markets.
Comparison summary
- Both provide CFD trading
- Dukascopy Bank provides MT4 and JForex
- Both offer MT5
- Deriv provides cTrader
- Both offer STP trading
- Dukascopy is an ECN broker
- Deriv provides 24/7 trading of Synthetic Indices
