Compare FirewoodFX Vs Dukascopy: Which is the Better Forex Broker in 2024?
FirewoodFX Vs Dukascopy, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between FirewoodFX Vs Dukascopy, here is the direct comparison:
Feature | FirewoodFX | Dukascopy |
General Rating |
1.00/5 |
2.62/5 |
|
Score | 53 | 69 | |
Trustpilot |
3.6/5 1 users |
3.7/5 600 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2014 | 1998 | |
💲 Min Deposit | $10 | $100 | |
⚖ Max Leverage | 1:1000 | 1:200 | |
🔢 Spread | Fixed | Variable | |
💸 Commissions | $1 | ||
💡 Min Position | 0.01 lot | 0.001 lot |
💳 Payment | Wire transfer, Credit/debit cards, UnionPay, Perfect Money, FasaPay, Tether (USDT), Stellar (XLM), Binance Coin (BNB) and Crypto | Skrill, Wire transfer, Credit/debit cards, Neteller, Crypto, Ethereum and Tether (USDT) | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | English, Indonesian, Chinese | German, English, Spanish, French, Italian, Japanese, Polish, Portuguese, Russian, Chinese |
🚪 Trade Now | Open FirewoodFX | Open Dukascopy |
Testimonials
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FirewoodFX: Very good, but slippage can be better
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FirewoodFX: Best low spread broker
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FirewoodFX: Everything is top notch
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FirewoodFX: They frustate me!!
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FirewoodFX: Instant execution!
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FirewoodFX: Very good, but slippage can be better
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FirewoodFX: Best low spread broker
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FirewoodFX: Everything is top notch
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FirewoodFX: They frustate me!!
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FirewoodFX: Instant execution!
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Dukascopy: OK platform but they need to check it because I...
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Dukascopy: Jasmine H. This is a user friendly platform. The speed...
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Dukascopy: I love the JForex trading platform and find trading a...
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Dukascopy: Best broker with super convenient JForex platform.It also have it's...
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Dukascopy: Reports are not informative to get real info about your...
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FirewoodFX: Very good, but slippage can be better
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See More FirewoodFX Testimonials
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See More Dukascopy Testimonials
News
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Dukascopy Unveils Crypto-Backed Fiat Loans to Traders
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Dukascopy Generated Second Highest Annual Profit
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Dukascopy Warns Clients Again as Clone Dummy Sites Return
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Dukascopy Warns Against its Fake Twin Website
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Dukascopy Adds New Indices to MT4 Platform
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Dukascopy Warns of Cryptocurrency Scam
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Dukascopy and Swiss Bankers Announce Collaboration
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Dukascopy Names Smart Valor as Cryptocurrency Partner
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Dukascopy Announces New Dukascoins Reward rates
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Dukascopy Launches Marketplace for P2P Exchange
Articles
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FirewoodFX Mobile App for Trading on the Go
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Guide to FirewoodFX Deposit and Withdrawal
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How to Open Account in FirewoodFX
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Get 88% Deposit Bonus with FirewoodFX
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The Ultimate Guide to FirewoodFX $50 Welcome Bonus
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FirewoodFX Forexcopy: An Easy Way to Copy Successful Traders
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FirewoodFX Micro Account: A Low-Risk Way to Trade Forex
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Trade for Free with FirewoodFX $50 No Deposit Bonus
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, FirewoodFX provides their pricing with Fixed spread while Dukascopy offers Variable spread.
FirewoodFX vs Dukascopy: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, FirewoodFX enables trading with MetaTrader 4. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, Dukascopy provides trading with MetaTrader 4, JForex with the support of One-click trading, Trailing stop, Pending orders.
Is FirewoodFX or Dukascopy better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, FirewoodFX supports trading with Forex, Gold & silver, while Dukascopy presents the ability of trading with Forex, Gold & silver, Crypto, CFD.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to FirewoodFX and Dukascopy:
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