Dove Options vs Dukascopy

Dove Options or Dukascopy – which is better for UK traders 2024? Compare Dove Options and Dukascopy in this detailed breakdown of their platforms, features and fees.

Dove Options vs Dukascopy Comparison Table 2024
Dove Options Dukascopy
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1.3
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3.6
Dove Options is ranked #11 among binary options brokers. Dukascopy is ranked #5 among binary options brokers.
Dove Options offers binary options and copy trading. 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.
Pros
  • Dukascopy offers trading on a powerful proprietary platform plus the popular MT4
  • The broker hosts its own TV channel, alongside various educational materials and an active online community
  • Binary options are available as well as CFDs, providing straightforward up/down predictions on global assets
  • Heavily regulated brokerage including oversight from Swiss FINMA
  • Multiple account currencies including USD, EUR and CHF
  • There is a joining bonus and volume discounts
  • Full range of investments including cryptos
  • Low minimum deposit of $100
Cons
  • Time-consuming registration process
  • No Islamic trading account
Awards
  • Best for Cryptocurrency trading in UAE, 2022
  • Best FX Research, 2022
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, Stocks, Cryptos, Commodities Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options
Demo Account
No Yes
Minimum Deposit
$500 $100
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
CySEC FINMA, Bank of Latvia, JFSA
Mobile Apps
No 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.

iOS App Rating
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4.6
Android App Rating
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3.7
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No 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
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Yes (EAs & FIX APIs)
Copy Trading
Yes No
Copy Trading Platform
Dove Options offers copy trading on the broker's range of assets.
Social Trading
No No
Trade Signals
Yes 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
$40
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • ZAR
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
  • HUF
  • CNY
Commodities
  • Gold
  • Silver
  • Oil
  • Oil
  • Gasoline
  • Copper
  • Platinum
  • Palladium
  • Coffee
  • Sugar
  • Cocoa
  • Cotton
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
Take leveraged positions on popular currencies. 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
25+ 63
GBPUSD Spread
0.8 1.1
EURUSD Spread
0.8 0.1
EURGBP Spread
0.8 0.9
Cryptocurrency
Speculate on Bitcoin with low margin. 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
Fixed From 0.1
Coins
  • BTC
  • BTC
  • ETH
  • LTC
  • BCH
  • XLM
  • DSH
  • EOS
  • TRX
  • ADA
  • UNI
  • LNK
  • MAT
  • AVE
  • MKR
  • CMP
  • ENJ
  • YFI
  • BAT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Dove Options offers multiple digital options products, including one touch and ladder assets. 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
81% 90%
Expiration Times
3 minutes - 1 day
Boundary Options
No No
Ladder Options
Yes No
Dove Options Dukascopy
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