Ducascopy Bank
Markets.com
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Overview
Ducascopy Bank was founded in 1998 and is headquartered in Switzerland, while Markets.com was established in 2008 and is based in Cyprus. Ducascopy Bank holds licences including Financial Industry Regulatory Authority (FINRA), while Markets.com is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Ducascopy Bank serves 10,000+ clients worldwide; Markets.com has 10,000+. The minimum deposit is $5000 at Ducascopy Bank and $250 at Markets.com.
| Feature | Ducascopy Bank | Markets.com |
|---|---|---|
| Min. Deposit | $5000 | $250 |
| Regulation | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 1998 | 2008 |
| Country | Switzerland | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ducascopy Bank and Markets.com, directly affecting your bottom line as a trader. Markets.com has a lower barrier to entry with a minimum deposit of $250 (vs $5000 at Ducascopy Bank). Ducascopy Bank charges withdrawal fees while Markets.com does not, a notable advantage for frequent withdrawers. Overall, Markets.com scores higher on fees in our assessment.
| Feature | Ducascopy Bank | Markets.com |
|---|---|---|
| Min. Deposit | $5000 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Ducascopy Bank offers MT5, cTrader, while Markets.com 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. Markets.com edges ahead on platform breadth and functionality in our scoring.
| Feature | Ducascopy Bank | Markets.com |
|---|---|---|
| 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, Web Trader, 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 Markets.com compare. Ducascopy Bank runs regular live webinars; Markets.com does not. Both provide video tutorials. Ducascopy Bank publishes daily market commentary; Markets.com 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 | Ducascopy Bank | Markets.com |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 Markets.com supports 3 (bank transfer, credit/debit card, PayPal). Markets.com uniquely supports PayPal among the two brokers. Markets.com scores higher on deposit and withdrawal flexibility.
| Feature | Ducascopy Bank | Markets.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 Markets.com offer live chat support. Both provide phone support. Email support is available at both brokers. Ducascopy Bank supports 2 languages and Markets.com supports 14, giving Markets.com broader global reach. Both brokers are comparable on support quality.
| Feature | Ducascopy Bank | Markets.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish |