Ducascopy Bank
Go Markets
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Overview
Ducascopy Bank was founded in 1998 and is headquartered in Switzerland, while Go Markets was established in 2009 and is based in Australia. Ducascopy Bank holds licences including Financial Industry Regulatory Authority (FINRA), while Go Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Ducascopy Bank serves 10,000+ clients worldwide; Go Markets has 10,000+. The minimum deposit is $5000 at Ducascopy Bank and $1 at Go Markets.
| Feature | Ducascopy Bank | Go Markets |
|---|---|---|
| Min. Deposit | $5000 | $1 |
| Regulation | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) | Australian Securities and Investment Commission (ASIC) |
| Founded | 1998 | 2009 |
| Country | Switzerland | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ducascopy Bank and Go Markets, directly affecting your bottom line as a trader. Go Markets has a lower barrier to entry with a minimum deposit of $1 (vs $5000 at Ducascopy Bank). Both brokers charge withdrawal fees. Overall, Go Markets scores higher on fees in our assessment.
| Feature | Ducascopy Bank | Go Markets |
|---|---|---|
| Min. Deposit | $5000 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Ducascopy Bank offers MT5, cTrader, while Go Markets supports 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. The two brokers are closely matched on platform offering.
| Feature | Ducascopy Bank | Go Markets |
|---|---|---|
| MT4 | No | No |
| 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, Web Trader, Binary, 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 Go 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. Go Markets scores higher overall in education and research.
| Feature | Ducascopy Bank | Go 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 Go Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ducascopy Bank | Go Markets |
|---|---|---|
| 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 Ducascopy Bank and Go Markets 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 | Ducascopy Bank | Go Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |