Bulbrokers
Ducascopy Bank
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while Ducascopy Bank was established in 1998 and is based in Switzerland. Bulbrokers holds licences including Financial Services Authority (FSA), while Ducascopy Bank is regulated by Financial Industry Regulatory Authority (FINRA) among others. Bulbrokers serves 10,000+ clients worldwide; Ducascopy Bank has 10,000+. The minimum deposit is $100 at Bulbrokers and $5000 at Ducascopy Bank.
| Feature | Bulbrokers | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $100 | $5000 |
| Regulation | Financial Services Authority (FSA) | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) |
| Founded | 2000 | 1998 |
| Country | Bulgaria | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and Ducascopy Bank, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $5000 at Ducascopy Bank). Ducascopy Bank charges withdrawal fees while Bulbrokers does not, giving Bulbrokers an edge for frequent withdrawers. Bulbrokers applies inactivity fees on dormant accounts; Ducascopy Bank does not. Overall, Bulbrokers scores higher on fees in our assessment.
| Feature | Bulbrokers | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $100 | $5000 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Bulbrokers offers 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 Bulbrokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Bulbrokers | Ducascopy Bank |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, 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 Bulbrokers and Ducascopy Bank compare. Ducascopy Bank runs regular live webinars; Bulbrokers does not. Ducascopy Bank has a video library; Bulbrokers does not. Ducascopy Bank publishes daily market commentary; Bulbrokers does not. Ducascopy Bank integrates third-party research tools (Trading Central); Bulbrokers does not. Ducascopy Bank maintains an archive of past webinars for on-demand viewing. Ducascopy Bank scores higher overall in education and research.
| Feature | Bulbrokers | Ducascopy Bank |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers 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 | Bulbrokers | 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 Bulbrokers 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 | Bulbrokers | Ducascopy Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |