AvaTrade and Dukascopy are Forex and CFD brokers offering online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. AvaTrade is regulated by 9 regulatory authorities , including the ASIC, JFSA, FSA, FSCA, ADGM, CBI, ISA, KNF, IIROC. On the other hand, Dukascopy is regulated by 2 regulatory authorities , including FINMA ,FSA. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare AvaTrade with Dukascopy regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if AvaTrade is better than Dukascopy. This comparison lets you understand which broker is better for your trading style and preferences.
AvaTrade vs Dukascopy: In a Nutshell
AvaTrade
Established in 2006, Avatrade is a forex and CFD broker based in Dublin, Ireland. The company offers a wide range of trading instruments including forex, commodities, stock indices, stocks, exchange-traded funds, options, cryptocurrencies, and bonds. The broker is regulated across 9 jurisdictions AvaTrade is regulated across 9 jurisdictions including ASIC, CySEC, IIROC, ADGM/FSRA, CBI, ISA, FSCA, FFAJ, and FSC in BVI. AvaTrade offers MetaTrader 4 and 5, AvaTradeGo, AvaOptions, and WebTrader platforms for the diverse needs and preferences of the traders. To learn more, you can read our review of Avatrade.
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Dukascopy
Established in 2004, Dukascopy is a Swiss-based online forex broker with headquarters in Geneva, Switzerland, and international offices in Japan and Latvia. The broker has held a Swiss bank license since 2010. Dukascopy offers MT4, MT5, and its own proprietary trading platform named JForex. Regulated by FINMA (Switzerland) and JFSA (Japan), the broker is renowned for its advanced trading technology and transparent pricing model. Dukascopy supports various trading strategies like scalping, hedging, and news trading, and also provides PAMM accounts. Moreover, it offers a range of educational resources to assist traders in enhancing their skills.
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Avatrade vs : Dukascopy Features
Avatrade
- Trading Instruments: 1,250+ popular assets, across Forex, Stocks, Commodities, Indices, ETFs, and Options.
- Maximum leverage: 1: 30 for EU, UK, and Australian clients, 1:400 for global clients
- Minimum Deposit: $100
- Account Types: Two ( Retail account, Professional Account)
- Trading Fees: Starting from 0.9 pips on forex
- MAM: Available
- PAMM: No
- Scalping: Allowed
- News Trading: Allowed. However, spreads widen during major news
- EA/ Robot Trading: Allowed
Dukascopy
- Trading Instruments: 1200+ trading instruments including FOREX, ENERGY, CRYPTO, METALS, INDEXES, BONDS, STOCKS
- Maximum Leverage: The maximum leverage of Dukascopy is 200:1. However, leverage may vary based on equity, assets, jurisdiction, and account type
- Minimum Deposit: The minimum deposit of Dukascopy is $100
- Trading Fees: Trading fees (spreads and commissions) depend on account types. The minimum spread starts from 0.1 pips on EUR/USD. The standard fee is $0.5 per 1 MT4 lot ($5 per $1 million).
- Account Types: Two ( Live account, Demo Account)
- PAMM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
AvaTrade vs Dukascopy: Side By Side Comparison
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AvaTrade vs Dukascopy: Pros and Cons
AvaTrade Pros & Cons
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Dukascopy Pros & Cons
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AvaTrade Vs Dukascopy: Our Scores and Ratings
We rated both brokers, AvaTrade and Dukascopy, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
AvaTrade :
Dukascopy:
Final Verdict :
AvaTrade and Dukascopy are regulated forex and CFD brokers in the industry. They offer similar trading services. Both brokers allow scalping, hedging, EA trading, and Copy trading. The minimum order size for both of them is 0.01.
However, there are a few areas where you may find some differences. For example, the minimum deposit for AvaTrade is $100., whereas the minimum deposit for Dukascopy is $100. Additionally, the maximum leverage for AvaTrade is 1:200 for retail traders, and 1:400 for Pro traders. In contrast, the maximum leverage for Dukascopy is 1:200. AvaTrade offers passive investment programs like MAM and PAMM, while Dukascopy does not have any passive investment programs.
Our score for AvaTrade is 9, and for Dukascopy, it is 8.2 So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose AvaTrade. However, if you prefer another forex brokers that offer similar services, you may choose Dukascopy.
