Degiro
Ducascopy Bank
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Overview
Degiro was founded in 1934 and is headquartered in Netherlands, while Ducascopy Bank was established in 1998 and is based in Switzerland. Degiro holds licences including Financial Conduct Authority (FCA), while Ducascopy Bank is regulated by Financial Industry Regulatory Authority (FINRA) among others. Degiro serves 600,000+ clients worldwide; Ducascopy Bank has 10,000+. The minimum deposit is $0 at Degiro and $5000 at Ducascopy Bank.
| Feature | Degiro | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $0 | $5000 |
| Regulation | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) |
| Founded | 1934 | 1998 |
| Country | Netherlands | Switzerland |
| Clients | 600,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Degiro and Ducascopy Bank, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $5000 at Ducascopy Bank). Ducascopy Bank charges withdrawal fees while Degiro does not, giving Degiro an edge for frequent withdrawers. Overall, Degiro scores higher on fees in our assessment.
| Feature | Degiro | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $0 | $5000 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Degiro 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 Degiro does not offer. Degiro edges ahead on platform breadth and functionality in our scoring.
| Feature | Degiro | 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 | MetaTrader 4 | 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 Degiro and Ducascopy Bank compare. Ducascopy Bank runs regular live webinars; Degiro does not. Both provide video tutorials. Ducascopy Bank publishes daily market commentary; Degiro does not. Both integrate third-party research tools. Ducascopy Bank maintains an archive of past webinars for on-demand viewing. Ducascopy Bank scores higher overall in education and research.
| Feature | Degiro | Ducascopy Bank |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Degiro 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 | Degiro | 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 Degiro 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 | Degiro | Ducascopy Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |