| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| Dukascopy | $1000 Minimum Deposit | MT4, JForex Trading Platforms | 1000+ Markets To Trade | Dukascopy Bank is Swiss regulated and supports a wide range of trading styles, including EA robots and has a relatively wide offering of markets on MT4 About |
| Vantage | $50 Minimum Deposit | MT4, MT5, ProTrader Trading Platforms | 400+ Markets To Trade | Vantage allows trading with robots and supports traders who plan and execute their own trades with ProTrader, powered by TradingView About |
Dukascopy Bank vs Vantage Comparison
These are both ECN brokers, which each providing a relatively large number of markets for this kind of broker, though Dukascopy Bank has more. Dukascopy Bank offers both JForex and MT4. Vantage provides MT4 and and its successor MT5 and ProTrader (powered by TradingView). Dukascopy Bank is regulated by the FINMA in Switzerland. Vantage is regulated by the ASIC in Australia and the CIMA in the Cayman Islands.
ECN trading conditions
Dukascopy Bank operates the Swiss FX Marketplace liquidity pool to which it provides traders access. Vantage provides access for traders to liquidity through the broker, using Equinix infrastructure for high speed order execution.
Quick comparison
These are both ECN brokers with MT4. Dukascopy Bank also offers JForex, while Vantage provides MT5 and ProTrader. Dukascopy Bank has a higher minimum deposit than Vantage.
Minimum deposit and account types
The minimum deposit for Dukascopy Bank is $1000. The minimum deposit for Vantage is $50.
- 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.
- Vantage offers Standard STP, Raw ECN, Islamic and Pro ECN accounts. The STP account has a minimum deposit of $50, the Raw ECN account has a minimum deposit of $50 and the Pro ECN account has a minimum deposit of $10,000. The minimum trade size is 0.01 lots.
- Vantage's Standard STP account does not charge commissions, while the Raw and Pro ECN accounts do charge commissions. All accounts allow scalping. Vantage supports social and copy trading via ZuluTrade, Myfxbook Autotrade, DupliTrade and Vantage Social Trading (on the Vantage mobile app). The Pro ECN account offers lower commission charges and access to Interbank price feeds.
Markets
- Dukascopy Bank offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies, Soft Commodities, ETFs and Bonds, with 1000+ available.
- Vantage offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 400+ available.
Dukascopy Bank provides 60+ Forex pairs, Vantage provides 45+ Forex pairs.
| Broker | Trading Platforms | Description |
|---|---|---|
| Dukascopy Broker | MT4, JForex Trading Platforms | Dukascopy provides a relatively wide range of markets on MT4, but has the bulk of its offering on JForex - both platforms support traders who use robots and make their own trades Description |
| Vantage Broker | MT4, MT5, ProTrader Trading Platforms | Vantage provides platform for traders who use robots and offers a platform for thoe who execute their own trades - ProTrader powered by TradingView Description |
Cryptocurrency CFDs
- Dukascopy Bank offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, EOS, TRON, Stellar, Uniswap, Cardano, Chainlink, Basic Attention Token, Polygon, Dashcoin, Aave, Maker, Compound, Enjin and Yearn Finance CFDs.
- Vantage offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, EOS, TRON, Stellar, Uniswap, Cardano, Chainlink, Basic Attention Token, Polygon, Ripple, Polkadot, Binance Coin, Algorand, Solana, Dogecoin, Avalanche, Cosmos, Zcash, The Sandbox, SHIB, Tezos, IOTA, NEO, Axie Infinity, Curve, Ethereum Classic, Filecoin, 1inch, Loopring, Maker, NEAR Protocol, Harmony and Sushi CFDs.
Spreads and leverage
- Both brokers offer Forex spreads from 0 plus a commission charge. Vantage offers higher Forex spreads without a commission charge from 1.0.
Maximum leverage for Dukascopy Bank (FINMA regulated) is 200:1. Maximum leverage for Vantage (CIMA regulated) is 500:1.
Commissions
- Dukascopy Bank charges a commission which varies depending on the volume traded, the initial deposit and equity in the account.
- For Forex, Dukascopy Bank commissions range from $35 per million USD per side, to $10 per million USD traded per side.
- For other markets except Stocks, Dukascopy Bank commissions range from $52.5 per million USD per side, to $15 per million USD per side.
- Vantage has a commission charge of $3 per lot per side for ECN trading, except for its Pro ECN account which has a commission charge of $1.50 per lot per side.
Trading Platforms
Both brokers offer MT4. Dukascopy Bank additionally provides JForex, while Vantage offers MT5 and ProTrader.
Why Dukascopy Bank or Vantage ?
Traders who want to trade on MT4 can find this platform at either broker. Traders who want to trade on MT5 can find this platform at Vantage. Traders who want to trade on JForex, may do so at Dukascopy Bank. Traders who want to copy trade may do so at Vantage. Traders who want to trade with a Swiss regulated broker may do so at Dukascopy Bank.
Comparison summary
- Each offers CFD trading
- Both provide MT4
- Vantage additionally offers MT5
- Dukascopy Bank additionally provides JForex
- Vantage additionally offers ProTrader (powered by TradingView)
- Dukascopy Bank is Swiss regulated
- Vantage offers a range of social and copy trading platforms
- Both allows a wide range of trading styles, including robots
- Vantage provides user friendly ProTrader
- Dukascopy Bank has a wider range of markets
