Ducascopy Bank
Startrader
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Overview
Ducascopy Bank was founded in 1998 and is headquartered in Switzerland, while Startrader was established in 2011 and is based in Hong Kong. Ducascopy Bank holds licences including Financial Industry Regulatory Authority (FINRA), while Startrader is regulated by Financial Conduct Authority (FCA) among others. Ducascopy Bank serves 10,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $5000 at Ducascopy Bank and $50 at Startrader.
| Feature | Ducascopy Bank | Startrader |
|---|---|---|
| Min. Deposit | $5000 | $50 |
| Regulation | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 1998 | 2011 |
| Country | Switzerland | Hong Kong |
| Clients | 10,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between Ducascopy Bank and Startrader, directly affecting your bottom line as a trader. Startrader has a lower barrier to entry with a minimum deposit of $50 (vs $5000 at Ducascopy Bank). Both brokers charge withdrawal fees. Overall, Startrader scores higher on fees in our assessment.
| Feature | Ducascopy Bank | Startrader |
|---|---|---|
| Min. Deposit | $5000 | $50 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Ducascopy Bank offers MT5, cTrader, while Startrader supports MT4, MT5, cTrader. Ducascopy Bank offers a mobile trading app; mobile availability for Startrader is limited. Both brokers support copy or social trading, catering to less hands-on investors. Ducascopy Bank edges ahead on platform breadth and functionality in our scoring.
| Feature | Ducascopy Bank | Startrader |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | JForex, MT4 (via Bridge), ZuluTrade, WebTrader, Binary Trader, Tablet & Mobile apps | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ducascopy Bank and Startrader 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. Startrader scores higher overall in education and research.
| Feature | Ducascopy Bank | Startrader |
|---|---|---|
| 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 Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Startrader uniquely supports Skrill and Neteller among the two brokers. Startrader scores higher on deposit and withdrawal flexibility.
| Feature | Ducascopy Bank | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| 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 Startrader 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 | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese |