Summary
Neither Dukascopy nor OlympTrade accepts traders from United States. See the brokers that accept you →
| Dukascopy | OlympTrade | |
|---|---|---|
| Overview | ||
| Summary | Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering short-term trading on over 25,000 instruments, including binary options. Various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) provide strong tools and market data for active traders. Dukascopy provides binary options for currency pairs, stocks, and indices, along with advanced trading tools and market insights. Users benefit from flexible contract sizes, and trading deposits with the EU entity are protected up to €20,000 under specific conditions. However, the $100 minimum investment is higher compared to other options. CFD trading: Dukascopy provides CFD trading with leverage up to 1:200. Available assets include currencies, equities, commodities, ETFs, and cryptocurrencies. Spreads start at 0.1 pips, and traders receive 24/7 support, which was effective in testing. The key advantage is the security offered by a multi-regulated broker and Swiss bank. Forex trading: Dukascopy provides over 60 currency pairs, including major, minor, and exotic options, with spreads starting at 0.1 pips. It offers access to MT4 and the JForex software, noted for its clean interface and customization features. Crypto trading: Dukascopy offers trading on popular cryptocurrencies like Bitcoin against the US Dollar, allowing long or short positions with up to 1:5 leverage. Unusually, Dukascopy clients are covered up to CHF 100,000 in case of brokerage insolvency. | was founded in 2014 and now has over 88 million users. Operating in 130+ countries and offering support in 13 languages, the platform provides stability and appealing incentives for new traders. provides fixed-time trades across various markets. The brand holds an offshore license from the . Olymp Trade provides fixed time trades (FTT) on various markets, including OTC currencies and composite indices. FTT commissions range from 5%-10%, and trades can be as short as 5 seconds. Payouts can reach up to 93% with a $2000 deposit for 'Expert' status. CFD trading: You can trade a limited selection of CFDs, including forex, indices, commodities, cryptos, and ETFs. Although prices are not the most competitive, the CFD platform is a good choice for beginners seeking simplicity, with a minimum start amount of $10. Forex trading: Olymp Trade provides about 30 currency pairs, which is the industry average. During tests, the spreads for EUR/USD were 1.1 pips, which is less competitive than leading brands like AvaTrade at 0.9 pips. However, experienced traders can access multipliers up to x500 on major pairs. Crypto trading: Olymp Trade provides major cryptocurrencies like Bitcoin and Ethereum. The Basic Altcoin Index is a valuable option, offering wider market exposure for those who prefer not to invest in a single cryptocurrency. |
| Awards |
| – |
| Regulator | FINMA, JFSA, Bank of Latvia | VFSC |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades |
| Demo account | Yes | Yes |
| Minimum deposit | $100 | $10 |
| Minimum trade | $1 (Binaries), 0.01 Lots (Forex/CFD) | $1 |
| Max payout | 90% | 93% 110% on InZone contracts |
| Expiry times | 3 minutes - 22 hours 59 minutes | 5 seconds - 23 hours |
| Ladder options | No | No |
| Boundary options | No | No |
| Platforms & tools | ||
| Mobile apps | iOS & Android | Android (plus APK), iOS (plus progressive web app) |
| Mobile trading | Dukascopy excels in mobile trading with a user-friendly app for short-term trading on popular assets like forex, stocks, and indices. It provides trading signals, price alerts, and over 50 technical indicators, surpassing most competitors' charting tools. With 24/7 in-app support, it's ideal for serious mobile traders. | – |
| MetaTrader 4 | Yes | No |
| MetaTrader 5 | Yes | No |
| cTrader | No | No |
| TradingView | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Copy trading | No | No |
| Social trading | No | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Maestro, Mastercard, Neteller, Skrill, Visa, Wire Transfer | Bitcoin Payments, Credit Card, Debit Card, JCB Card, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Vietcombank Transfer, Visa, Wire Transfer |
| Account currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN | USD |
| STP account | No | No |
| ECN account | Yes | No |
| DMA account | Yes | No |
| MAM account | No | No |
| PAMM account | Yes | No |
| LAMM account | No | No |
| Demat account | No | No |
| Islamic account | Yes | Yes |
| Negative balance protection | Yes | Yes |
| Market maker | No | Yes |
| Margin trading | Yes | No |
| Tournaments | No | No |
| Demo competitions | No | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | CAC 40 Index France, DAX GER 40 Index, Deutsche Boerse, Dow Jones, Euronext, FTSE UK Index, Hang Seng, Hong Kong Stock Exchange, IBEX 35, Japan Exchange Group, London Stock Exchange, Nasdaq, New York Stock Exchange, Russell 2000, S&P 500, SIX Swiss Exchange | CAC 40 Index France, DAX GER 40 Index, FTSE UK Index, Hang Seng, Japan Exchange Group, Nasdaq, Russell 2000, S&P 500 |
| Commodities | Oil, Natural Gas, Copper, Coffee, Cocoa, Sugar, Cotton, Orange Juice, Soybeans, Platinum, Palladium, Precious Metals, Gold, Silver | Oil, Silver, Gold, Platinum, Precious Metals, Natural Gas, Copper |
| Spot trading | Yes | No |
| P2P trading | No | No |
| CFD trading | Yes | Yes |
| CFD leverage | 1:200 | – |
| CFD FTSE spread | 100 | – |
| CFD GBPUSD spread | 0.1 | – |
| CFD oil spread | 0.1 | – |
| CFD stocks spread | 0.1 | – |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | 0.1 | – |
| Forex EURUSD spread | 0.1 | 1.1 |
| Forex EURGBP spread | 0.4 | – |
| Forex assets | 60+ | 30+ |
| Crypto trading | Yes | Yes |
| Crypto spread | 0.1 | Variable |
| Crypto coins | ADA, AVE, BAT, BCH, BTC, CMP, DSH, ENJ, EOS, ETH, LNK, LTC, MAT, MKR, TRX, UNI, XLM, YFI | ADA, AVX, BCH, BNB, BTC, DASH, DASH, DOGE, DOT, EOS, ETH, GLM, KSM, LNK, LTC, MAT, SOL, UNI, XLM, XRP, XTZ |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Read review | Read review |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is Dukascopy or OlympTrade better?
We have rated OlympTrade (76%) higher than Dukascopy (71%), but the overall rating can't be the only determining factor. For example, does OlympTrade accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use the comparison table to see if Dukascopy or OlympTrade is best for you.
