Ducascopy Bank
Uniglobe Markets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Ducascopy Bank was founded in 1998 and is headquartered in Switzerland, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. Ducascopy Bank holds licences including Financial Industry Regulatory Authority (FINRA), while Uniglobe Markets is regulated by Unregulated among others. Ducascopy Bank serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $5000 at Ducascopy Bank and $10 at Uniglobe Markets.
| Feature | Ducascopy Bank | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $5000 | $10 |
| Regulation | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) | Unregulated |
| Founded | 1998 | 2008 |
| Country | Switzerland | Marshall Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ducascopy Bank and Uniglobe Markets, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $5000 at Ducascopy Bank). Ducascopy Bank charges withdrawal fees while Uniglobe Markets does not, a notable advantage for frequent withdrawers. Uniglobe Markets charges deposit fees; Ducascopy Bank does not. Overall, Uniglobe Markets scores higher on fees in our assessment.
| Feature | Ducascopy Bank | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $5000 | $10 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Ducascopy Bank offers MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ducascopy Bank supports social and copy trading features, which Uniglobe Markets does not offer. Uniglobe Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Ducascopy Bank | Uniglobe 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 | Windows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ducascopy Bank and Uniglobe Markets compare. Ducascopy Bank runs regular live webinars; Uniglobe Markets does not. Ducascopy Bank has a video library; Uniglobe Markets does not. Ducascopy Bank publishes daily market commentary; Uniglobe Markets does not. Ducascopy Bank integrates third-party research tools (Trading Central); Uniglobe Markets does not. Ducascopy Bank maintains an archive of past webinars for on-demand viewing. Ducascopy Bank scores higher overall in education and research.
| Feature | Ducascopy Bank | Uniglobe Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
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 Uniglobe Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ducascopy Bank | Uniglobe 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 Uniglobe 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 | Uniglobe Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |