Dukascopy vs Trade360 Comparison - Trading Brokers Comparison

Dukascopy vs Trade360 Comparison

Dukascopy versus Trade360 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100JForex, MT4500+FCMC
$500ParagonEx, MT5450+CySEC

Dukascopy and Trade360 Comparison

Dukascopy is an ECN broker offering JForex and MT4. Trade360 provides ParagonEx and additionally offers MT5.

On ParagonEx, Trade360 offers a crowd trading news feed, which has news about markets and traders's behaviour to this news. While Dukascopy can be used by automated traders, and provides an infrastructure for them, it can also be used by traders who execute their own trades. JForex in particular has a relatively wide range of technical indicators.

Dukascopy EU is regulated by the FCMC in Latvia. Trade360 is regulated by the CySEC in Cyprus.

Brief comparison

Dukascopy is an ECN broker, which provides access to its Swiss FX Marketplace, on MT4 and JForex 3, and charges a commission. Trade360 is a CFD broker which does not charge commissions offering trading on ParagonEx and MT5.

Minimum deposit and account types

The minimum deposit for Dukascopy is $100. The minimum deposit for Trade360 is $500 (the minimum deposit for MT5 is $500).

  • Dukascopy offers 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. Markets news and a calendar are available on Dukascopy's website.
  • Trade360 offers five account types and an Islamic account. The minimum deposit for the Mini Account is $500, the minimum deposit for the Standard360 account is $1000 (the minimum deposit for StandardMT5 is $500), the minimum deposit for the Gold account is $5000, the minimum deposit for the Platinum and Islamic360 accounts is $10,000 and the minimum deposit for the VIP account is $50,000. The minimum trade size ranges from 0.05 standard lots (Mini account) to 5 standard lots (VIP account).
  • All Trade360 account types offer the Live CrowdTrading Feed, trading signals, 24/5 live chat and Whatsapp Support. MT5 is available for all account types except the Mini account. The Gold, Platinum, Islamic and VIP accounts offer additionally personal push and SMS notifications and exclusive market updates. Trade360 offers Trading Central.

Markets

  • Dukascopy offers Forex, Indices, Energy, Stocks, Metals, Soft Commodities and Cryptocurrencies, with 500+ available.
  • Trade360 offers Forex, Indices, Energy, Stocks, Metals, Soft Commodities and ETFs, with 450+ available.

Cryptocurrency CFDs

  • Dukascopy offers Bitcoin and Ethereum.

Spreads and leverage

Dukascopy can offer Forex spreads from 0.1 plus a commission charge. Trade360 can provide Forex spreads from 1.6 (fixed) without a commission charge.

Dukascopy leverage is up to . Trade360's leverage is up to .

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.
  • Trade360 does not charge commissions

Online trading platforms

Dukascopy provides JForex, MT4 and apps. Trade360 offers ParagonEx, MT5 and apps.

Why Dukascopy or Trade360 ?

Traders who wish to trade on MT4 may do so Dukascopy. Traders who want to trade on MT5 can do this at Trade360, though Dukascopy has a lower minimum deposit for MetaTrader. Traders who want to trade on a user friendly platform with support for crowd trading, may do so on ParagonEx at Trade360. Those who wish to trade on a platform with support for traders who execute their own trades and use robots to trade on their behalf can find JForex at Dukascopy.

Comparison summary

  • Dukascopy Is an ECN broker
  • Trade360 offers crowd trading on ParagonEx
  • Dukascopy provides MT4
  • Trade360 additionally offers MT5
  • Dukascopy provides JForex 3
  • Dukascopy charges commissions (and can offer low spreads)
  • Trade360 does not charge commissions (and can offer fixed spreads)

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