B

Ducascopy Bank

4.7/10

Evolution Brokers

6/10
3/10RegulationWinner5/10
0/10FeesTied0/10
7/10PlatformsWinner9/10
6/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Ducascopy Bank was founded in 1998 and is headquartered in Switzerland, while Evolution Brokers was established in 2008 and is based in Belize. Ducascopy Bank holds licences including Financial Industry Regulatory Authority (FINRA), while Evolution Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Ducascopy Bank serves 10,000+ clients worldwide; Evolution Brokers has 10,000+. The minimum deposit is $5000 at Ducascopy Bank and $300 at Evolution Brokers.

Evolution Brokers wins this category
FeatureDucascopy BankEvolution Brokers
Min. Deposit$5000$300
RegulationFinancial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA)Cyprus Securities and Exchange Commission (CySEC)
Founded19982008
CountrySwitzerlandBelize
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ducascopy Bank and Evolution Brokers, directly affecting your bottom line as a trader. Evolution Brokers has a lower barrier to entry with a minimum deposit of $300 (vs $5000 at Ducascopy Bank). Both brokers charge withdrawal fees. Evolution Brokers applies inactivity fees on dormant accounts; Ducascopy Bank does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureDucascopy BankEvolution Brokers
Min. Deposit$5000$300
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Ducascopy Bank offers MT5, cTrader, while Evolution Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ducascopy Bank supports social and copy trading features, which Evolution Brokers does not offer. Evolution Brokers edges ahead on platform breadth and functionality in our scoring.

Evolution Brokers wins this category
FeatureDucascopy BankEvolution Brokers
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsJForex, MT4 (via Bridge), ZuluTrade, WebTrader, Binary Trader, Tablet & Mobile appsWEB,Desktop,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Ducascopy Bank and Evolution Brokers 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. Evolution Brokers scores higher overall in education and research.

Evolution Brokers wins this category
FeatureDucascopy BankEvolution Brokers
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ducascopy Bank accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Evolution Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureDucascopy BankEvolution Brokers
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Ducascopy Bank and Evolution Brokers 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.

Tied
FeatureDucascopy BankEvolution Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese