Feature | Exness | Dukascopy |
|---|---|---|
Founded | 2008 | 2004 |
Headquarters | Limassol, Cyprus | Geneva, Switzerland |
Regulations | CySEC, FCA, FSCA, FSA (Seychelles), CBCS, FSC (BVI) | FINMA, JFSA, FCMC, and other global licenses |
Account Types | Standard, Standard Cent, Pro, Zero, Raw Spread | Forex ECN, Multi-Currency, JForex |
Minimum Deposit | $1 for Standard accounts, higher for Pro accounts | $1000 for standard ECN accounts |
Leverage | Up to 1:2000 (depends on region and account type) | Up to 1:200 for retail clients, higher for professionals |
Trading Platforms | MetaTrader 4, MetaTrader 5, Exness Trader (mobile) | JForex 3, MetaTrader 4 (via Bridge), Web Trader |
Assets Available | Forex, Cryptocurrencies, Metals, Energies, Stocks, Indices | Forex, Metals, Commodities, Cryptocurrencies, Indices |
Spreads | Tight spreads on Zero and Raw accounts, standard spreads vary | Variable spreads on ECN accounts, competitive spreads |
Commission | No commission on Standard accounts, commission on Zero and Raw accounts | Commission-based on ECN accounts |
Deposit and Withdrawal Fees | No deposit fees, free withdrawals in many cases | No deposit fees, withdrawal fees depend on the method |
Execution Type | Market Execution | ECN Execution |
Order Types | Market, Limit, Stop, Trailing Stop | Market, Limit, Stop, Trailing Stop |
Trading Instruments | Over 100 currency pairs, stocks, indices, commodities, cryptocurrencies | 60+ currency pairs, commodities, cryptocurrencies, indices |
Research and Analysis Tools | Economic calendar, market news, trading analysis | Advanced technical analysis tools, economic calendar, news |
Educational Resources | Webinars, video tutorials, articles | JForex Academy, webinars, trading guides |
Social Trading | Yes, available via Exness Social Trading platform | Not available directly, but compatible with third-party platforms |
Mobile Trading | Available through Exness Trader app | Available through JForex mobile app |
Demo Account | Yes, unlimited demo accounts available | Yes, demo accounts available with real market conditions |
Customer Support | 24/7 support, multilingual, via chat, email, phone | 24/6 support, multilingual, via chat, email, phone |
Market Data and Charts | Real-time data, extensive charting tools on MT4/MT5 | Real-time data, advanced charting tools on JForex |
Trading Fees | Low trading fees on Raw and Zero accounts | Transparent fee structure, competitive for ECN accounts |
Advanced Features | VPS hosting, automated trading, custom scripts | VPS hosting, API trading, advanced analytics on JForex |
Copy Trading | Available through Exness Social Trading | Limited support for third-party integration |
Risk Management Tools | Negative balance protection, stop-loss, take-profit | Negative balance protection, stop-loss, take-profit |
Countries Restricted | Limited service in certain countries, like the USA | Not available to USA and some other restricted countries |
Best Suited For | Beginner to intermediate traders, low-deposit traders | Professional traders, experienced users, ECN traders |
Algorithmic Trading | Supported via MetaTrader 4/5 with Expert Advisors (EAs) | Supported on JForex with built-in API for algorithmic trading |
Account Currencies | USD, EUR, GBP, multiple local currencies, cryptocurrencies | USD, EUR, CHF, GBP, and other major currencies |
Bonus Programs | No bonus programs available | Occasional cashback and volume-based rebates for active traders |
Supported Payment Methods | Bank transfers, credit/debit cards, e-wallets, cryptocurrencies | Bank transfers, credit/debit cards, some e-wallets |
PAMM/MAM Accounts | Not available | Available for professional money managers |
Islamic Accounts | Swap-free accounts available for Muslim traders | Available on request |
Hedging | Allowed on all account types | Allowed |
Scalping | Allowed with fast execution speeds | Allowed, suitable with ECN spreads |
Stop-Out Level | 0% to 60% depending on the account type | 100% on ECN accounts |
Margin Call | 60% to 100% depending on the account type | 150% on standard accounts |
API Access | Available for custom integrations | Available with REST and FIX APIs |
Trading Hours | 24/5 for Forex, 24/7 for cryptocurrencies | 24/5, weekends for cryptocurrencies |
Third-Party Integration | Compatible with TradingView for advanced charting | Limited third-party integrations |
Trade Copying Fees | Variable performance fees in Exness Social Trading platform | N/A, third-party services may be used |
Trading Bot Support | Supported via EAs on MetaTrader | Supported via JForex platform’s built-in bot features |
Spread on Cryptos | Variable spreads, competitive for crypto trades | Variable spreads, higher on crypto than Forex |
Data Security | Data encryption, two-factor authentication, segregated funds | Bank-level security, encryption, and segregated client funds |
Account Opening Process | Quick online setup, usually completed within minutes | Online, but with additional verification steps |
Regulatory Protection | Investor compensation schemes where applicable (varies by region) | Protection via Swiss regulatory bodies (FINMA) |
Withdrawal Processing Time | Instant for many methods, up to 3 business days for others | 1-2 business days, varies with method |
Proprietary Platform | Exness Trader (mobile-focused platform) | JForex (feature-rich proprietary platform) |
Affiliate Program | Available, with flexible CPA and revenue share models | Available, with volume-based compensation for affiliates |
Liquidity Provider | Multiple top-tier providers ensuring tight spreads | Dukascopy Bank SA and other high-liquidity sources |
Customizable Leverage | Traders can adjust leverage within certain limits | Leverage fixed per asset type |
Languages Supported | Over 15 languages including major European and Asian languages | 10+ languages supported |
Market Depth Information | Limited, available on MT5 | Deep market depth available on JForex |
Order Confirmation Alerts | Custom alerts available on platforms | Custom alerts and notifications available |
VIP/Advanced Account Perks | Priority support, lower spreads, exclusive account managers | Special conditions for high-volume traders, VIP Club membership |
Platform Customization | Custom indicators and chart modifications on MetaTrader | Extensive customization on JForex, advanced scripting options |
Market Sentiment Tools | Sentiment indicators available on platforms | Available via JForex, showing real-time trader sentiment |
Currency Conversion Fees | Free for most currency conversions within accounts | Fees may apply for certain conversions, dependent on account type |
Research Reports and Insights | Market news, periodic trading insights, strategy tips | Advanced market reports, daily analysis, in-depth research |
Account Management Options | Managed accounts via Social Trading | Full-managed accounts, PAMM accounts for professional managers |
Event-based Backtesting | Limited to historical backtesting in MetaTrader | Advanced backtesting with event triggers on JForex |
Order Matching | Internal liquidity pool | ECN model, matched with Dukascopy liquidity or external banks |
Tick Data Accessibility | Accessible via MetaTrader but limited data depth | High-quality tick data for backtesting on JForex |
Latency and Execution Speed | Low-latency execution due to data centers near liquidity hubs | Ultra-low latency with ECN execution via Swiss data centers |
Available Commodities | Precious metals, energy, agricultural products | Limited to key commodities, mainly metals and energies |
Advanced Chart Types | Basic charts, candlesticks, line charts | Renko, Heikin-Ashi, Point & Figure charts on JForex |
News and Updates Feed | Integrated news from Dow Jones and Trading Central | Integrated news via Dukascopy TV and Reuters |
Investment Programs | None directly, focused on individual trading accounts | Investment programs available via Dukascoin and blockchain projects |
Daily Swap Rates | Updated daily, competitive for forex pairs | Competitive for forex, varies by liquidity |
Partnerships and Collaborations | Partner with payment processors, liquidity providers | Partnerships with banks and financial institutions worldwide |
Fee Transparency | Transparent fee structure per account type | Detailed fee structure for ECN accounts, published on site |
Automated Withdrawal Process | Instant withdrawals via automatic processing systems | Standard withdrawals, processing time varies |
Community and User Engagement | Online forums, Exness blog for user engagement | Dukascopy Community with forums, contests, and rewards |
Data Backup and Recovery | Periodic backups, secure cloud storage | Advanced data backup, institutional-grade data protection |
Regulated Subsidiaries | Multiple subsidiaries for diverse market regions | Regulated under Swiss law, subsidiaries in various regions |
Deposit Insurance | Client fund protection under segregated accounts | Protected under Swiss financial regulations |
Platform Stability | High platform uptime, stable performance | High uptime, particularly on JForex with continuous updates |
High-Frequency Trading Support | Allowed, especially for ECN and Pro accounts | Fully supported on ECN accounts, suitable for HFT strategies |
Account Verification Speed | Fast verification, usually completed within minutes | Moderately fast, may require additional documents |
Innovation and Tech Updates | Regular updates to MT4/MT5, introduction of Exness Trader | Frequent updates on JForex platform for new tools |
Reputation in Industry | Strong reputation, popular among beginner traders | Strong reputation among advanced and professional traders |
Client Fund Segregation | Client funds kept separate from operational funds | Client funds segregated in Swiss banks |
Free VPS Access | Free VPS available for qualifying accounts | Free VPS for high-volume traders |
Proprietary Technical Indicators | Limited, primarily standard MetaTrader indicators | Extensive custom indicators available on JForex |
Seasonal Promotions | Limited promotions, focus on low-cost trading | Occasional promotions, rebates, and trading contests |
Exness offers a beginner-friendly trading experience with low fees and high leverage, while Dukascopy appeals to professionals with advanced tools, ECN execution, and robust regulatory oversight.