IC Markets vs Dukascopy
IC Markets or Dukascopy – which is better for UK traders 2025? Compare IC Markets and Dukascopy in this detailed breakdown of their platforms, features and fees.
| IC Markets | Dukascopy |
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| IC Markets is ranked #5 among CFD brokers. | Dukascopy is ranked #10 among binary options brokers. |
| IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries. |
Dukascopy has closed or no longer accepts UK clients.
Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $200 | $100 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, CySEC, FSA, CMA | FINMA, JFSA, FCMC |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Trading App | |
IC Markets deliver mobile apps for their cTrader, MT4, MT5 and TradingView platforms. They have been developed on Android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. Yet what really stands out is how they’ve managed to maintain the lightning-fast execution speed IC Markets is known for, right within the apps. It’s a seamless trading experience that feels both professional and highly responsive. |
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 serious mobile traders. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| Yes | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| Yes | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| Yes | No |
| STP Account | |
| No | No |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| Yes | Yes |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| Yes | 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 | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | Yes (EAs & FIX APIs) |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| Launched in February 2023, the IC Social app offers an intuitive way to learn, share, and mirror the positions of other traders with just a few clicks. Additionally, the app features risk management tools and supports dedicated trading groups. Alternatively, IC Markets grants access to Signal Start, along with well-known third-party copy trading platforms including ZuluTrade and cTrader Copy. | |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Signal Start | Yes |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | CHF 100 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| You gain access to over 2,250 CFDs, available for trading 24/5 across popular markets such as forex, commodities, indices, stocks, and bonds. Utilizing deep liquidity and advanced bridge technology, IC Markets ensures optimal conditions for scalpers, hedgers, and algo traders alike. | Dukascopy offers highly leveraged CFD trading up to 1:200. A wide selection of asset classes are available, including currencies, equities, commodities, ETFs and cryptos. Spreads are tight starting from 0.1 pips and traders get 24/7 support that performed well during testing. However, the real standout is the security provided by trading CFDs through a multi-regulated broker and Swiss bank |
| Leverage | |
| 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | 1:200 |
| FTSE Spread | |
| 1.0 | 100 |
| GBPUSD Spread< | |
| 0.23 | 0.1 |
| Oil Spread | |
| 0.03 | 0.1 |
| Stocks Spread | |
| 0.02 | 0.1 |
| Forex | |
| IC Markets maintains its commitment to providing exceptionally tight 0.0-pip forex spreads on major currency pairs such as EUR/USD. This makes it an excellent option if you are seeking superior execution, with an average of 35 milliseconds. Additionally, if you are a high-volume trader, you can benefit from rebates of up to $2.50 per forex lot. | With 60+ currency pairs available, Dukascopy offers ample majors, minors and exotics, complete with its tight spreads from 0.1 pips, access to MT4, plus the broker’s own JForex softwarem which shined during testing for its clean workspace and customization capabilities. |
| Assets | |
| 75 | 60+ |
| GBPUSD Spread | |
| 0.23 | 0.1 |
| EURUSD Spread | |
| 0.02 | 0.1 |
| EURGBP Spread | |
| 0.27 | 0.4 |
| Currency Indices | |
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| Cryptocurrency | |
| IC Markets offers 20+ cryptocurrencies which are tradable via CFDs, including lesser-known tokens such as Avalanche, Kusama and Uniswap. Commission-free trading is available, and experienced crypto traders can access high leverage up to 1:200 in the MetaTrader platforms. | Dukascopy facilitates trading on popular cryptos like Bitcoin against the US Dollar. You can go long or short with leverage up to 1:5. Unusually, clients of Dukascopy are also protected to the tune of CHF 100'000 in the event of brokerage insolvency. |
| Spread | |
| BTC 42.036 | 0.1 |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | 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 |
| IC Markets | Dukascopy |
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