Dukascopy Bank vs Pepperstone | Broker Comparison

Dukascopy Bank vs Pepperstone Comparison Table

Online Broker	Minimum Deposit	Trading Platforms	Markets	About
Dukascopy	$1000 Minimum Deposit	MT4, JForex Trading Platforms	1000+ Markets To Trade	Dukascopy Bank offers trading (including automated trading) on both MT4 and JForex About
Pepperstone	$200 Minimum Deposit	MT4, MT5, cTrader, TradingView Trading Platforms	1000+ Markets To Trade	Pepperstone offers automated trading on MT4, MT5, cTrader and TradingView, and provides social and copy trading About

Dukascopy Bank vs Pepperstone Comparison

Both brokers offer CFD trading. Pepperstone has access to liquidity providers, via Equnix infrastructure, to allow for high speed order processing. Dukascopy Bank offers traders access to the SWFX Marketplace of liquidity, which it operates. Pepperstone offers Stocks CFDs on MT5, while Dukascopy offers Stocks CFDs on JForex.

Both provide MT4. Pepperstone also offers MT5, cTrader and TradingView, while Dukascopy Bank has JForex. All these platforms support trading using either automated or discretionary trading.

Dukascopy Bank is regulated by the FINMA in Switzerland, while Pepperstone is regulated by the ASIC in Australia, the FCA in the United Kingdom, the CySEC in Cyprus, the BaFin in Germany, the CMA in Kenya, the SCB in the Bahamas and the DFSA in Dubai.

ECN trading conditions

Dukascopy Bank operates the SWFX Marketplace and allows the trader to trade directly into the market if they wish. Pepperstone uses Equinix technology to allow for high speed order processing.

Quick comparison

Both offer MT4. Pepperstone additionally provides MT5 and cTrader, while Dukascopy Bank offers JForex.

Minimum deposit and account types

The minimum deposit for Dukascopy Bank is $1000. The minimum deposit for Pepperstone is $200.

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.

Pepperstone offers a Standard and a Razor account for CFD trading and in the UK additionally offers a spread betting account. Pepperstone provides trading guides, a market review and an economic calendar its website. Pepperstone says that latency is as low as 30ms. The minimum trade size is 0.01 lots.

Pepperstone's Standard and Islamic accounts do not charge commissions and hence offer higher spreads as they include a mark up. The Razor account charges commissions and allows scalping. Pepperstone offers social and copy trading via DupliTrade, Myfxbook and MetaTrader Signals.

Markets

Dukascopy offers Forex, Indices, Energy, Cryptocurrencies, Soft Commodities, Metals, Stocks, ETFs and Bonds, with 1000+ available.
Pepperstone offers Forex, Indices, Energy, Cryptocurrencies, Soft Commodities, Metals and Stocks, with 1000+ available.

Dukascopy provides 60+ Forex pairs. Pepperstone provides 60+ Forex pairs.

Dukascopy Bank vs Pepperstone Summary Table

Broker	Trading Platforms	Description
Dukascopy Bank Broker	MT4, JForex Trading Platforms	Dukascopy Bank allows a wide range of trading styles, offering automated trading on MT4 and JForex Description

Dukascopy Bank

Pepperstone

Broker

MT4, MT5, cTrader, TradingView

Trading Platforms

Pepperstone provides trading, including automated trading on MT4, MT5, cTrader and TradingView

Description

Pepperstone

Cryptocurrency CFDs

Dukascopy offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar, EOS, Uniswap, Cardano, Chainlink, Polygon, Dashcoin, TRON, Aave, Maker, Compound, Enjin, Yearn Finance and Basic Attention Token CFDs.
Pepperstone offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar, EOS, Uniswap, Cardano, Chainlink, Polygon, Dash, Ripple, Dogecoin, Binance Coin, Polkadot, Tezos, Solana, Avalanche and Terra CFDs.

Spreads and leverage

Both brokers offer Forex spreads from 0 plus a commission charge. Pepperstone also offers an account without a commission charge, with Forex spreads from 0.6.

Maximum leverage for Dukascopy Bank (FINMA regulated) is 200:1. Maximum leverage for Pepperstone (ASIC regulated) is 500:1. Maximum leverage for Pepperstone (CySEC regulated) 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.

Pepperstone charges a commission of $3.76 or AU$3.5 or €2.61 per lot per side on the Razor account, depending on the account currency. cTrader commissions are 7 units per lot round trip of the first quoted currency in the traded currency.

Trading Platforms

Both brokers offer MT4. Pepperstone also provides MT5, cTrader and TradingView, while Dukascopy Bank offers JForex.

Why Dukascopy Bank or Pepperstone ?

Traders who want to trade with low spreads plus a commission charge can do so at either broker. Traders who want to use MT4 may do so at either broker. Traders who want to trade on MT5 can find this platform at Pepperstone. Those who want to trade on JForex may do so at Dukascopy Bank. Traders who want to trade on TradingView can do this at Pepperstone. Those who want to deposit via Bitcoin, Ether or Tether can do so at Dukascopy Bank. Traders in the UK who want to spread bet can do this at Pepperstone.