Compare Dukascopy Vs IG: Which is the Better Forex Broker in 2024?
Dukascopy Vs IG, 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 Dukascopy Vs IG, here is the direct comparison:
Compare | Dukascopy | IG |
General Rating |
2.60/5 |
2.40/5 |
Score | ||
Trustpilot |
3.6/5 575 users |
4.1/5 6650 users |
πΌ Regulation | ||
β Info | ||
β Established | 1998 | 1974 |
π² Min Deposit | $100 | $0 |
β Max Leverage | 1:200 | 1:50 |
π’ Spread | Variable | Variable |
πΈ Commissions | $1 | $3 |
π‘ Min Position | 0.001 lot | 0.01 lot |
π³ Payment | Skrill, Wire transfer, Credit/debit cards, Neteller, Crypto, Ethereum and Tether (USDT) | Wire transfer and Credit/debit cards |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
EU Stocks | ||
Physical Stock | ||
Index |
π£ Website Languages | German, English, Spanish, French, Italian, Japanese, Polish, Portuguese, Russian, Chinese | German, English, Spanish, French, Italian, Japanese, Portuguese, Swedish, Chinese |
πͺ Trade Now | Open Dukascopy | Open IG |
Compare Again
Testimonials
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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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IG: Dreadful customer support. The app is brilliant but suffers with...
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IG: IG apps sometimes unresponsive which result me cost more money....
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IG: I wanted to trade Forex on the MT4 platform, but...
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IG: I do not recommend using IG and moved to another...
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IG: Overall my experience with IG was positive. The only issue...
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See More Dukascopy Testimonials
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See More IG Testimonials
News
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IG Forex Broker Secures Naming Rights for Nagoya's 17,000-Seat Arena
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IG Asia's CEO Tony Lim Bids Farewell After 9 Years
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IG Group Forex Broker Welcomes Breon Corcoran as New CEO
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IG Forex Broker Faces Revenue Decline of 9 Percent in H1 FY24
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IG Group Hires Eren Eraslan Head of IG Unit in Northern Europe
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Dukascopy Unveils Crypto-Backed Fiat Loans to Traders
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IG CEO June Felix Leaves Her Position due to Health Condition
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IG Group US Collaborates with FIA to Strengthen Global Position
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IG Presents Mobile App Bad Trader for Clients
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See More Related Dukascopy News
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See More Related IG News
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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, Dukascopy provides their pricing with Variable spread while IG offers Variable spread.
Dukascopy vs IG: 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, Dukascopy enables trading with MetaTrader 4, JForex. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, IG provides trading with MetaTrader 4 (Limited with 14 days), PureDeal (Limited with 14 days), L2 Dealer (Limited with 14 days) with the support of One-click trading, Trailing stop, Pending orders.
Is Dukascopy or IG 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, Dukascopy supports trading with Forex, Gold & silver, Crypto, CFD, while IG presents the ability of trading with Forex, Gold & silver, CFD, Oil, Spread betting, Crypto.
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 Dukascopy and IG:
- Compare Dukascopy vs Admirals
- Compare Dukascopy vs Vantage Markets
- Compare Dukascopy vs GOMarkets
- Compare IG vs ADSS
- Compare IG vs XM
- Compare IG vs Exness
For more comparisons, visit this page.