| Feature | Deriv | Dukascopy |
|---|---|---|
| Founded | 1999 (previously known as Binary.com) | 2004 |
| Regulation | Regulated by MFSA, VFSC, and FSC | Regulated by FINMA (Switzerland), FCMC (Latvia) |
| Headquarters | Malta | Geneva, Switzerland |
| Trading Platforms | DTrader, MT5, SmartTrader, Binary Bot | JForex, MT4, WebTrader |
| Assets | Forex, Commodities, Cryptocurrencies, Indices, Synthetic Indices | Forex, Commodities, Cryptocurrencies, Stocks, ETFs, Indices |
| Leverage | Up to 1:1000 | Up to 1:200 |
| Minimum Deposit | $5 | $100 |
| Minimum Trade Size | $1 for binary options, 0.01 lots for MT5 | 0.01 lots |
| Commission | No commission for most accounts, spreads apply | Commission-based, $3.5 per lot for Forex |
| Spreads | Floating spreads, starting from 0.5 pips | Variable spreads, starting from 0.1 pips |
| Account Types | Standard, Financial STP, Synthetic | ECN, MT4, JForex, PAMM accounts |
| Demo Account | Yes, unlimited with virtual funds | Yes, unlimited with virtual funds |
| Mobile Trading | Yes, via Deriv GO, MT5 apps | Yes, JForex and MT4 mobile apps |
| Automated Trading | Yes, via Dbot (no coding required) and MT5 | Yes, via JForex API, MT4 Expert Advisors |
| Social Trading | No | Yes, via PAMM accounts |
| Deposit Methods | Bank Transfer, Credit/Debit Cards, E-Wallets (Skrill, Neteller), Cryptocurrencies | Bank Transfer, Credit/Debit Cards, E-Wallets (Skrill, Neteller), Cryptocurrencies |
| Withdrawal Methods | Same as deposit methods | Same as deposit methods |
| Processing Time | Instant to 3 business days depending on method | 1-3 business days |
| Trading Fees | No inactivity fees, spread-based fees | Inactivity fees apply after 12 months, commission-based |
| Binary Options | Yes, a wide range including Rise/Fall, Touch/No Touch, In/Out | No |
| Cryptocurrency Trading | Yes, BTC, ETH, LTC, and others | Yes, BTC, ETH, LTC, and others |
| Customer Support | 24/7 via live chat, email | 24/5 via live chat, email, phone |
| Education and Research | Tutorials, webinars, blogs | Comprehensive research tools, economic calendar, webinars |
| Islamic Accounts | Yes | Yes |
| Negative Balance Protection | Yes | Yes |
| Security of Funds | Segregated client funds, regulated | Segregated client funds, regulated |
| API Trading | Yes, with API for automation | Yes, JForex API |
| Advanced Order Types | Market, Limit, Stop, OCO, Trailing Stop | Market, Limit, Stop, OCO, Trailing Stop |
| Additional Features | Synthetic indices for 24/7 trading, multipliers | Advanced charting on JForex, FIX API |
| Best For | Binary options traders, beginners, high-leverage traders | Advanced traders, those needing API and ECN trading |
| Cons | Limited regulatory oversight compared to Dukascopy, fewer advanced tools | Higher minimum deposit, inactivity fees, complex fee structure |
| Order Execution Speed | Fast execution, typically under 1 second | Ultra-low latency execution, ideal for scalping and high-frequency trading |
| Trading Instruments Variety | Extensive synthetic indices, limited stock options | Wide range of stocks, ETFs, bonds, and over 600+ trading instruments |
| Hedging Capabilities | Allows hedging across different platforms | Full hedging capabilities with detailed risk management tools |
| Risk Management Tools | Take Profit, Stop Loss, and Guaranteed Stop Loss options | Advanced risk management with customizable margin calls and alerts |
| Algorithmic Trading Options | Binary bots, Python API for automation | JForex API, FIX API, and Python support for algorithmic trading |
| Charting Tools | Basic to intermediate with indicators like MACD, RSI, Bollinger Bands | Advanced charting on JForex with over 270 indicators and drawing tools |
| Spread Betting | Not available | Available for certain instruments under specific conditions |
| VPS Hosting | Not available | Free VPS for eligible accounts with a minimum equity requirement |
| Affiliate Programs | Comprehensive affiliate program with high commissions | IB (Introducing Broker) program and affiliate options with tiered commissions |
| Sentiment Analysis | Basic sentiment tools available through MT5 | In-depth sentiment analysis integrated into JForex platform |
| Micro Account Availability | Available for small-cap traders with low trade sizes | Not available, focuses on standard and ECN accounts |
| Scalping and High-Frequency Trading | Permitted, but less optimized for high-frequency trading | Optimized for HFT with tight spreads and rapid execution |
| News and Market Analysis | Limited in-platform news, relies on external sources | Integrated economic news, calendar, and analysis tools directly in the platform |
| Reputation and Awards | Known for binary options innovation | Multiple industry awards for execution and platform performance |
| Social Media Integration | None | Integrated with social trading features allowing trade copying |
| Interest on Account Balance | No interest on idle balances | Interest paid on idle balances under specific conditions |
| Cost Transparency | Transparent with clear information on spreads and leverage | Detailed fee breakdown with commissions, swaps, and inactivity charges |
| Compliance and AML Policies | Complies with AML and KYC regulations as per regulatory bodies | Strict AML and KYC compliance with enhanced due diligence |
| Leverage Customization | Allows customization based on account type and regulatory jurisdiction | Fixed leverage limits based on asset class and regulation |
| Cross-Platform Synchronization | Partially supported between web and MT5 | Fully synchronized between JForex, MT4, and mobile platforms |
| Language Support | Supports multiple languages including English, Spanish, French, and more | Multilingual support with a focus on European and Asian languages |
| Community and Forum Support | Limited community support, relies on customer service | Active community and forum for strategy sharing and technical support |
| Regulatory Protection for Investors | Investor compensation schemes available in certain jurisdictions | Member of Swiss deposit protection scheme offering enhanced protection |
| Leverage on Cryptocurrency Trading | Up to 1:100 | Limited leverage on crypto, typically up to 1:10 |
| Corporate Accounts | Offers corporate accounts with tailored services | Comprehensive corporate account options with advanced reporting and liquidity |
| Order Types for Binary Trading | Extensive options like Rise/Fall, Higher/Lower, Touch/No Touch | Does not offer binary trading |
| User Interface and Customization | User-friendly with customizable widgets on DTrader | Highly customizable JForex platform with multiple layouts and skins |
| Withdrawal Limits and Conditions | No maximum withdrawal limit, conditions vary by payment method | Withdrawal limits based on account type and regulatory requirements |
| Educational Resources Quality | Basic to intermediate tutorials and blog articles | Extensive webinars, video tutorials, and trading academies |
| Security Features | Two-factor authentication (2FA), SSL encryption | Advanced security with 2FA, IP whitelisting, and biometric options |
| Partnership and White Label Solutions | Offers white-label solutions for affiliates | Comprehensive white-label and liquidity provider solutions |
| Innovative Features | Multipliers for leveraged trading without margin call risk | Swiss Forex Marketplace (SWFX) for deep liquidity and institutional trading |
| Market Depth Analysis | Basic level available on MT5 | Advanced Level 2 market depth on JForex |
| Slippage Control | Slippage protection options available | Adjustable slippage control settings |
| Copy Trading Features | Limited, primarily through MT5 social trading | Comprehensive copy trading with PAMM accounts and signal services |
| Trading Contests | Regular trading contests with cash prizes for binary and forex traders | Frequent trading contests with cash prizes on JForex |
| Backtesting Capabilities | Available on MT5, limited historical data for synthetic indices | Advanced backtesting on JForex with tick-by-tick data |
| Forward Testing Options | Limited to demo accounts | Supports forward testing with real market conditions on demo accounts |
| Custom Indicators Support | Supports custom indicators on MT5 | Extensive support for custom indicators on JForex |
| Trading Alerts and Notifications | Basic alerts via MT5 and email notifications | Advanced alerts including SMS, email, and push notifications on JForex |
| Expert Advisors (EAs) | Full support for EAs on MT5 | Full support for EAs on MT4 and JForex with API integration |
| Chart Time Frames | Standard options from 1 minute to monthly | Over 25 time frames including tick charts on JForex |
| Mobile Web Trading | Optimized mobile web trading interface | Mobile web trading with full access to JForex tools |
| Multi-Currency Accounts | Supports multi-currency accounts with USD, EUR, GBP, and more | Wide range of multi-currency account options including CHF |
| Order Fill Policies | Immediate or cancel, fill or kill options available | Full fill, partial fill, or kill policies |
| Swap-Free Account Conditions | Designed for Islamic traders without interest charges | Swap-free accounts with flexible terms for Islamic traders |
| Tick Trading Options | Extensive tick trading for short-term binary options | Limited to certain instruments |
| Spread Mark-Up | Spread-based accounts with no commission or minimal mark-up | ECN accounts with raw spreads plus commission |
| Fixed Spread Accounts | Does not offer fixed spread accounts | Offers fixed spread options on select instruments |
| Advanced Candlestick Patterns | Supports basic patterns like Doji, Engulfing | Comprehensive library of candlestick patterns and scanners |
| Real-Time Quotes Accuracy | Accurate with minimal delays, dependent on platform choice | Institutional-grade accuracy with JForex |
| Specialized Indices | Unique synthetic indices such as Crash/Boom, Volatility Index | Standard indices including DAX, S&P 500 |
| Broker-Assisted Trading | Not available | Broker-assisted services for premium accounts |
| Trading Psychology Tools | Limited to blog articles and basic tutorials | In-depth psychological tools and resources |
| Volatility Protection Settings | Volatility control for synthetic indices | Advanced volatility protection features on JForex |
| Transaction Costs Transparency | Clear information on spreads, no hidden costs | Detailed cost breakdown including swaps and commissions |
| Custom Script Support | Supports MQL5 for scripting | Supports Lua and Java-based scripting on JForex |
| Partial Close and Scaling Out | Available on MT5 | Available on both MT4 and JForex |
| Trailing Stop Flexibility | Standard trailing stop on MT5 | Advanced trailing stop options with customizable steps |
| Integration with TradingView | Limited, requires third-party bridges | Direct integration for charting and analysis |
| Trade Volume Incentives | Rebates based on trading volume for active traders | Discounts on commissions for high-volume traders |
| Trading Strategy Marketplaces | Access to MT5 marketplace for EAs and scripts | JStore for automated strategies and tools |
| Interest on Margin | Does not charge interest on margin | Charges interest on overnight positions for certain assets |
| Fund Segregation Policies | Segregated accounts as per regulatory requirements | Enhanced fund segregation with Swiss banking standards |
| Risk Assessment Tools | Basic tools like margin calculators | Advanced risk assessment tools with portfolio analysis |
| Financial News Feeds | Limited to MT5 news feeds | Integrated Reuters news on JForex |
| Historical Data Access | Access to historical data for backtesting on MT5 | Comprehensive historical data for multiple assets on JForex |
| Requote Policy | No requotes for most accounts | No requotes policy with fast execution |
| Third-Party Integrations | Integrates with MT5 plugins and APIs | Extensive third-party integrations including FIX API and TradingView |
| Rebates and Loyalty Programs | Offers cashback and rebate programs | Tiered rebate programs for active traders |
| AML and KYC Procedures | Standard KYC and AML compliance | Strict AML and KYC with document verification |
| Exit Strategy Options | Limited exit strategies on MT5 | Multiple exit strategy options including scale-out and conditional orders |
| Slippage Tolerance Settings | Adjustable slippage settings for certain accounts | Advanced control over slippage on JForex |
| Dark Pool Liquidity Access | Not available | Access to dark pool liquidity for institutional clients |
| Regulatory Reporting Compliance | Complies with regulatory reporting requirements | Detailed compliance reporting for institutional and retail clients |
| Client Data Security Standards | Follows industry-standard encryption protocols | Enhanced security with encrypted data transmission and secure servers |
Deriv offers a user-friendly platform with low minimum deposits and a focus on binary options, while Dukascopy excels with advanced tools, ECN trading, and institutional-grade execution. Traders should choose based on their experience and trading needs.