Compare FIBOGroup Vs Dukascopy: Which is the Better Forex Broker in 2024?
FIBOGroup 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 FIBOGroup Vs Dukascopy, here is the direct comparison:
Compare | FIBOGroup | Dukascopy |
General Rating |
2.52/5 |
2.62/5 |
Score | ||
Trustpilot |
4.2/5 15 users |
3.7/5 597 users |
πΌ Regulation | ||
β Info | ||
β Established | 1998 | 1998 |
π² Min Deposit | $1 | $100 |
β Max Leverage | 1:1000 | 1:200 |
π’ Spread | Variable | Variable |
πΈ Commissions | $3 | $1 |
π‘ Min Position | 0.01 lot | 0.001 lot |
π³ Payment | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Local bank transfer, FasaPay, Crypto, Ethereum, Crypto Cash, Ripple, Tether (USDT) and Perfect Money | Skrill, Wire transfer, Credit/debit cards, Neteller, Crypto, Ethereum and Tether (USDT) |
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 | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Arabic, German, English, Spanish, Persian, Indonesian, Russian, Chinese, Italian, Polish, Portuguese, Thai, Turkish, Ukrainian, Vietnamese | German, English, Spanish, French, Italian, Japanese, Polish, Portuguese, Russian, Chinese |
πͺ Trade Now | Open FIBOGroup | Open Dukascopy |
Compare Again
Testimonials
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FIBOGroup: Fibo review
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FIBOGroup: Fast deposit and withdrawal is always good. All the money...
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FIBOGroup: This broker is honest and comprehensive. They accepted my payment...
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FIBOGroup: They have a really slow customer support, and it can...
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FIBOGroup: Stay away from this. I lost money due to MT4...
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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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See More FIBOGroup 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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See More Related FIBOGroup News
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See More Related Dukascopy News
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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, FIBOGroup provides their pricing with Variable spread while Dukascopy offers Variable spread.
FIBOGroup 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, FIBOGroup enables trading with MetaTrader 4 (Limited with 60 days of inactivity), MetaTrader 5 (Limited with 60 days of inactivity), cTrader (Limited with 60 days of inactivity). 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 FIBOGroup 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, FIBOGroup supports trading with Forex, Gold & silver, CFD, Oil, Futures, Crypto, 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 FIBOGroup and Dukascopy:
- Compare FIBOGroup vs ThinkMarkets
- Compare FIBOGroup vs Pepperstone
- Compare FIBOGroup vs FXGT
- Compare Dukascopy vs GOMarkets
- Compare Dukascopy vs Axi
- Compare Dukascopy vs InstaForex
For more comparisons, visit this page.