Admiral Markets
Ducascopy Bank
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Admiral Markets was founded in 2001 and is headquartered in UK, while Ducascopy Bank was established in 1998 and is based in Switzerland. Admiral Markets holds licences including Financial Conduct Authority (FCA) – registration number 595450, while Ducascopy Bank is regulated by Financial Industry Regulatory Authority (FINRA) among others. Admiral Markets serves 10,000+ clients worldwide; Ducascopy Bank has 10,000+. The minimum deposit is $200 at Admiral Markets and $5000 at Ducascopy Bank.
| Feature | Admiral Markets | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $200 | $5000 |
| Regulation | Financial Conduct Authority (FCA) – registration number 595450, Cyprus Securities and Exchange Commission (CySEC) - license number 201/13, Australian Financial Services Licence (AFSL) no. 410681, Jordan Securities Commission (JSC) registration number 57026 | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) |
| Founded | 2001 | 1998 |
| Country | UK | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Admiral Markets and Ducascopy Bank, directly affecting your bottom line as a trader. Admiral Markets has a lower barrier to entry with a minimum deposit of $200 (vs $5000 at Ducascopy Bank). Ducascopy Bank charges withdrawal fees while Admiral Markets does not, giving Admiral Markets an edge for frequent withdrawers. Admiral Markets charges deposit fees; Ducascopy Bank does not. Overall, Admiral Markets scores higher on fees in our assessment.
| Feature | Admiral Markets | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $200 | $5000 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Admiral Markets offers MT4, MT5, cTrader, while Ducascopy Bank supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Admiral Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Admiral Markets | Ducascopy Bank |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | JForex, MT4 (via Bridge), ZuluTrade, WebTrader, Binary Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Admiral Markets and Ducascopy Bank compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Admiral Markets scores higher overall in education and research.
| Feature | Admiral Markets | Ducascopy Bank |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Admiral Markets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Ducascopy Bank supports 2 (bank transfer, credit/debit card). Admiral Markets uniquely supports Skrill and Neteller among the two brokers. Admiral Markets scores higher on deposit and withdrawal flexibility.
| Feature | Admiral Markets | Ducascopy Bank |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Admiral Markets and Ducascopy Bank offer live chat support. Both provide phone support. Email support is available at both brokers. Admiral Markets supports 22 languages and Ducascopy Bank supports 2, giving Admiral Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Admiral Markets | Ducascopy Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian | English, and Chinese |