Coinbase vs Dukascopy
Coinbase or Dukascopy – which is better for UK traders 2024? Compare Coinbase and Dukascopy in this detailed breakdown of their platforms, features and fees.
Coinbase | Dukascopy |
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Coinbase is ranked #79 among crypto brokers. | Dukascopy is ranked #5 among binary options brokers. |
Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses. | Dukascopy is an online broker operated by a Swiss-regulated banking group. It offers a good selection of 500+ markets, with forex, stocks, gold, ETFs, indices, bonds and cryptocurrencies available. It also offers flexible trading opportunities through the choice of CFDs or binary options. Traders will use MetaTrader 4 or a proprietary platform that is well-suited to automated trading. |
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links. | |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
Instruments | |
Cryptos | Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options |
Demo Account | |
No | Yes |
Minimum Deposit | |
$0 | $100 |
Payment Methods | |
Minimum Trade | |
0.0001 XBT | 0.01 Lots |
Regulator | |
CBoI | FINMA, Bank of Latvia, JFSA |
Mobile Apps | |
Yes | iOS & Android |
Trading App | |
Dukascopy continues to stand out in the mobile trading arena with an easy-to-use app that offers short-term trading on popular assets, including forex, stocks, and indices. It offers trading signals, price alerts, and over 50 technical indicators, outperforming most competitors’ charting tools. With 24/7 in-app support, it’s a top choice for new mobile traders. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
No | Yes |
cTrader | |
No | No |
AlgoTrader | |
Yes | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | Yes |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Auto Trading | |
Yes (EAs & FIX APIs) | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
MetaTrader | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $40 |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Dukascopy offers highly leveraged CFDs with rates up to 1:200. A wide selection of asset classes are available, including currencies, equities, commodities, ETFs and cryptos. Spreads are also tight starting from 0.1 pips and traders get 24/7 support. | |
Leverage | |
1:200 | |
FTSE Spread | |
Variable | |
GBPUSD Spread< | |
1.16 Av | |
Oil Spread | |
5.3 Av | |
Stocks Spread | |
From 0.1 | |
Forex | |
With 60+ currency pairs available, Dukascopy offers enough majors, minors and exotics to keep most forex traders happy. The broker also offers high leverage up to 1:100 – a good amount to see from a reputable and regulated broker. Currency traders have access to excellent software, including MT4 and JForex. | |
Assets | |
63 | |
GBPUSD Spread | |
1.1 | |
EURUSD Spread | |
0.1 | |
EURGBP Spread | |
0.9 | |
Cryptocurrency | |
With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges. | Take positions on popular cryptos against the US Dollar. Traders can go long or short with decent leverage up to 1:5. Clients of Dukascopy are also protected to the tune of CHF 100'000 in the event of broker insolvency. |
Spread | |
BTC 0.1%, ETH 0.1% | From 0.1 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | No |
Auto Market Maker | |
No | No |
Binary Options | |
Dukascopy offers binary options on currency pairs, stocks and indices, alongside powerful trading tools and market insights. User gets flexible contract sizes and deposits are protected by EU law, though the $1000 starting investment is higher than alternatives. | |
Payout | |
90% | |
Expiration Times | |
3 minutes - 1 day | |
Boundary Options | |
No | No |
Ladder Options | |
No | No |
Coinbase | Dukascopy |
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links. | |
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