Compare Dukascopy vs Plus500 - CFD Broker Comparison

Compare Dukascopy vs Plus500

Dukascopy versus Plus500 Comparison Table
Online BrokerTrading PlatformsMinimum DepositMarketsRegulated
MT4, JForex$100500+FCMC
Web Trader & Apps$1002000+FCA, FSCA, CySEC, ASIC, FMA, MAS & IE

Dukascopy and Plus500 Comparison

Dukascopy provides ECN trading with a commission charge. Plus500 offers CFD trading, with no commission charge. Dukasacopy can provide plus low spreads, plus a commission charge. Plus500 offers tight variable spreads, without a commission charge.

Dukascopy provides MT4 and the JForex 3 platform, an advanced platform for manual and automated trading, while Plus500 offers an intuitive platform design on its webtrader and apps.

Dukascopy is regulated by the FCMC in Latvia. Plus500UK Ltd is authorized and regulated by the FCA (#509909). Plus500CY Ltd is authorized and regulated by CySEC (#250/14). Plus500SG Pte Ltd is licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018). Plus500AU Pty Ltd (ACN 153301681) is licensed by: ASIC in Australia, AFSL #417727 and FMA in New Zealand, FSP #486026 and is an authorised Financial Services Provider in South Africa, FSP #47546.

Minimum deposit and account types

The minimum deposit for Dukascopy is $100. The minimum deposit for Plus500 is $100.

  • Dukascopy offers CFD 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.
  • Plus500 provides CFD trading. It offers an Economic Calendar on its website covering news events and market effects.

Markets

  • Dukascopy offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 500+ available.
  • Plus500 offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies, Soft Commodities, Bonds, ETFs and Options, with 2000+ available.

Dukascopy provides 60+ Forex pairs, Plus500 offers 45+ Forex pairs.

Cryptocurrency CFDs

  • Dukascopy offers Bitcoin and Ethereum.
  • Plus500 offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, NEO, IOTA, Monero, EOS, Stellar, Cardano and TRON.

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.
  • Plus500 offers fixed and variable spreads depending on the instrument.

Maximum leverage for Dukascopy EU is . Maximum leverage for Plus500 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.
  • Plus500 does not charge commissions.

Platforms

Dukascopy provides MT4, JForex 3, JForex Web 3 and apps. Plus500 offers a webtrader with a clear, intutive design which has a range of indicators. These platforms are thus available on desktop, tablet and mobile.

Quick comparison

Duklascopy offers MT4, JForex 3 and ECN trading, while Plus500 has a larger number of markets on its web trader and apps.

Why Dukascopy or Plus500 ?

Dukascopy is for traders who wish to use ECN services, as it provides direct market access, offering MT4 and the JForex 3 platform. Plus500 is for traders who wish to use a clear simplified platform to access more markets (though Dukascopy has a relatively large number for an ECN provider).

Comparison summary

  • Dukascopy charges commissions for ECN access
  • Plus500 does not charge commissions for its CFD trading
  • Dukascopy can offer very low spreads, plus a commission charge
  • Plus500 can still provide tight spreads, without a commission charge
  • Dukascopy offers the MT4 and the JForex 3 platform, with support for automated trading
  • Plus500 provides its own intuitive webtrader
  • Both are regulated

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