AxiTrader 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. AxiTrader is regulated by 5 regulatory authorities, including the ASIC, SVG, FSA, DFSA, FCA. 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 AxiTrader with Dukascopy regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if AxiTrader is better than Dukascopy. This comparison lets you understand which broker is better for your trading style and preferences.
AxiTrader vs Dukascopy: In a Nutshell
AxiTrader
Founded in Sydney, Australia in 2007 by traders, Axi has grown into a global brand with 60,000 clients from over 100 countries. More than 220 forex and CFDs can be traded on its MT4 platform. The Axi Trading platform will soon be available for real trading. Tools like Autochartist and MT4 NextGen are provided while the Axi Copy Trading app is for social trading. To learn more, you can read our review of AXI
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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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AxiTrader vs: Dukascopy Features
AxiTrader
- Trading Instruments: 220+Trading instruments including Forex, shares, IPOs, Indices, commodities, cryptocurrencies
- Maximum leverage: 500:1, However, AXI offers 1000:1 leverage in some countries
- Minimum Deposit: No Minimum Deposit.
- Account Types: Three ( Standard, Pro, Elite Account)
- Trading Fees: spread starting from 0.9 pips for the standard account, $7 per lot for the pro account, $3.5 per lot for the Elite account
- PAMM/ MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- 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
AxiTrader vs Dukascopy: Pros and Cons
AxiTrader
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Dukascopy
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AxiTrader vs Dukascopy: Side-by-Side Comparison
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AxiTrader Vs Dukascopy: Our Scores and Ratings
We rated both brokers, AxiTrader 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.
AxiTrader :
Dukascopy:
Final Verdict :
AxiTrader 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 AxiTrader is $0 , whereas the minimum deposit for Dukascopy is $100. Additionally, the maximum leverage for AxiTrader is 1:400. In contrast, the maximum leverage for Dukascopy is 200:1. AxiTrader offers passive investment programs like MAM and PAMM, while Dukascopy does not have any passive investment programs.Our score for AxiTrader is 8.7, 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 AxiTrader. However, if you prefer another forex brokers that offer similar services, you may choose Dukascopy.
