Ducascopy Bank
fx global markets
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Overview
Ducascopy Bank was founded in 1998 and is headquartered in Switzerland, while fx global markets was established in 2017 and is based in United States. Ducascopy Bank holds licences including Financial Industry Regulatory Authority (FINRA), while fx global markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Ducascopy Bank serves 10,000+ clients worldwide; fx global markets has 10,000+. The minimum deposit is $5000 at Ducascopy Bank and $250 at fx global markets.
| Feature | Ducascopy Bank | fx global markets |
|---|---|---|
| Min. Deposit | $5000 | $250 |
| Regulation | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 |
| Founded | 1998 | 2017 |
| Country | Switzerland | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ducascopy Bank and fx global markets, directly affecting your bottom line as a trader. fx global markets has a lower barrier to entry with a minimum deposit of $250 (vs $5000 at Ducascopy Bank). Both brokers charge withdrawal fees. fx global markets charges deposit fees; Ducascopy Bank does not. The two brokers are broadly comparable on fee structure.
| Feature | Ducascopy Bank | fx global markets |
|---|---|---|
| Min. Deposit | $5000 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Ducascopy Bank offers MT5, cTrader, while fx global markets supports MT4, 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. fx global markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Ducascopy Bank | fx global markets |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | JForex, MT4 (via Bridge), ZuluTrade, WebTrader, Binary Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ducascopy Bank and fx global markets 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. fx global markets scores higher overall in education and research.
| Feature | Ducascopy Bank | fx global markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
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 fx global markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx global markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | Ducascopy Bank | fx global markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 fx global markets offer live chat support. Both provide phone support. Email support is available at both brokers. Ducascopy Bank supports 2 languages and fx global markets supports 8, giving fx global markets broader global reach. Both brokers are comparable on support quality.
| Feature | Ducascopy Bank | fx global markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |