Advanced Global Markets
Ducascopy Bank
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Ducascopy Bank was established in 1998 and is based in Switzerland. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Ducascopy Bank is regulated by Financial Industry Regulatory Authority (FINRA) among others. Advanced Global Markets serves 10,000+ clients worldwide; Ducascopy Bank has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $5000 at Ducascopy Bank.
| Feature | Advanced Global Markets | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $500 | $5000 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) |
| Founded | 1992 | 1998 |
| Country | Cyprus | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and Ducascopy Bank, directly affecting your bottom line as a trader. Advanced Global Markets has a lower barrier to entry with a minimum deposit of $500 (vs $5000 at Ducascopy Bank). Both brokers charge withdrawal fees. Advanced Global Markets charges deposit fees; Ducascopy Bank does not. The two brokers are broadly comparable on fee structure.
| Feature | Advanced Global Markets | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $500 | $5000 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while Ducascopy Bank supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ducascopy Bank supports social and copy trading features, which Advanced Global Markets does not offer. Advanced Global Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Advanced Global 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 | 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 Advanced Global 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. The two brokers are evenly matched on educational content.
| Feature | Advanced Global Markets | Ducascopy Bank |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Ducascopy Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | Ducascopy Bank |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and Ducascopy Bank offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | Ducascopy Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |