Feature | Pocket Option | Dukascopy |
---|---|---|
Year Established | 2017 | 2004 |
Headquarters | Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960 | Geneva, Switzerland |
Regulation | Not regulated by any reputable financial body | Regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a bank and securities firm |
Trading Platforms | Proprietary platform, MetaTrader 5 (MT5) | Proprietary JForex4 platform, MetaTrader 4 (MT4) |
Minimum Deposit | $50 | $100 |
Account Currencies | USD | USD, CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, CNH, SEK, SGD, TRY, XAU, ZAR |
Available Assets | Forex, stocks, indices, commodities, cryptocurrencies | Forex, stocks, commodities, indices, ETFs, bonds, cryptocurrencies |
Number of Tradable Assets | Over 130 | Over 500 |
Maximum Leverage | Information not specified | Up to 1:200 on weekdays, up to 1:60 on weekends |
Spreads | Information not specified | From 0.1 pips for EUR/USD |
Trading Instruments | Binary options | CFDs, binary options |
Deposit Methods | Various methods including credit/debit cards, e-wallets, cryptocurrencies | Wire transfer (SWIFT, SEPA), debit/credit card, cryptocurrencies, Skrill, Neteller, bank guarantee |
Withdrawal Methods | Various methods including credit/debit cards, e-wallets, cryptocurrencies | Bank transfer, transfer to crypto exchange, Skrill, Neteller, payment card |
Withdrawal Processing Time | Typically processed within 1-3 business days | Processed within 1 working day |
Demo Account | Yes | Yes |
Educational Resources | Yes | Yes |
Regulatory Oversight | Not regulated by any reputable financial body | Regulated by FINMA (Switzerland), JFSA (Japan), FCMC (Latvia) |
Client Fund Protection | No negative balance protection | Client funds protected up to CHF 100,000, with EUR 20,000 cover for Dukascopy Europe |
Trading Features | Social trading, tournaments, achievements, indicators | ECN accounts, automated trading, hedging and scalping allowed, over 200 technical indicators |
Mobile Trading | Yes | Yes |
Bonuses and Promotions | Up to 100% deposit bonus, tournaments with prizes | Deposit bonus up to 100%, contests and bonuses |
Languages Supported | Information not specified | English, Spanish, German, French, Arabic, Russian, Portuguese, Japanese, Chinese, Slovak, Czech, Polish, Italian, Hungarian |
Trading Order Types | Market orders, pending orders | Market orders, limit orders, stop orders, trailing stop, bid/ask orders |
Execution Type | Instant execution | ECN execution with direct market access |
Trading Fees | No commissions on binary options | Variable spreads, commissions apply to ECN accounts |
Account Types | Standard account | Personal account, joint account, corporate account, managed account |
Margin Call Level | Not specified | 100% |
Stop-Out Level | Not specified | 50% |
Hedging Allowed | Not specified | Allowed |
Scalping Allowed | Not specified | Allowed |
Automated Trading | Limited automation, copy trading available | Fully supported via JForex API, MT4 Expert Advisors (EAs) |
Social Trading | Available with copy trading and leaderboards | Not available |
Islamic (Swap-Free) Accounts | Not available | Available |
Market Depth | Not provided | Level 2 market depth available |
VIP/Professional Accounts | Higher deposit accounts with additional benefits | Premium accounts with lower fees and better trading conditions |
Trading Signals | Built-in signals and indicators | Available via JForex, MT4, and third-party providers |
News & Analysis | Basic market updates | Advanced economic calendar, real-time news, in-depth analysis |
Algo Trading Support | Limited automation features | Extensive support via JForex API, Python, Java, MT4 EAs |
API Trading | Limited API access | Full API access for algorithmic trading |
Cryptocurrency Trading Conditions | Supports multiple cryptos, fixed returns on binary options | CFDs on cryptocurrencies, variable spreads, leverage up to 1:5 |
Stock Trading Conditions | Binary options on selected stocks | CFD trading on global stocks and ETFs |
ETF Trading | Not available | Available as CFDs |
Regulatory Complaints Handling | No major oversight, disputes handled internally | Complaints handled under FINMA, European regulations |
Reputation Among Traders | Popular for beginners and binary options traders | Preferred by professional traders and institutions |
Transparency in Trading Costs | Some fees and spreads not clearly disclosed | Full transparency with all trading costs detailed |
Mobile App Features | Full trading functionality, social trading, push notifications | Full trading functionality, one-click trading, advanced charting |
Desktop Platform Compatibility | Windows, macOS | Windows, macOS, Linux |
Web-Based Trading | Available with full functionality | Available with full functionality |
Custom Indicators | Limited options for custom indicators | Extensive custom indicator support on JForex and MT4 |
Tick Charts | Not available | Available in JForex |
Time & Sales Data | Not available | Provided in JForex platform |
Economic Calendar | Basic event tracking | Detailed with real-time updates |
Market Sentiment Tools | Social trading-based sentiment tracking | Institutional-grade sentiment analysis |
Trailing Stop Orders | Not supported | Supported on all platforms |
Order Execution Speed | Fast for binary options | Ultra-fast execution with ECN technology |
Swap Rates Transparency | Not disclosed | Fully transparent overnight swap rates |
Trading Volume Discounts | No tiered discounts | Lower commissions for high-volume traders |
Minimum Trade Size | $1 for binary options | 0.01 lot (forex), varies for other instruments |
Maximum Trade Size | Limited based on market conditions | No hard limit, subject to margin requirements |
Asset Expiry Times | Short-term (seconds to minutes) and long-term options | Varies depending on market |
Slippage Protection | No specific protections | Available through ECN execution |
Weekend Trading | Some cryptocurrencies and OTC trading available | Limited availability |
Deposit Fees | Free for most methods | Bank fees may apply for wire transfers |
Withdrawal Fees | Fees vary by method | Fees depend on withdrawal method and jurisdiction |
Negative Balance Protection | Not mentioned | Provided under European and Swiss regulations |
Leverage for Retail Traders | Varies, but generally lower than professional traders | Up to 1:200 (varies by region and account type) |
Leverage for Professional Traders | Information not provided | Higher leverage available upon request |
Account Verification Process | Fast verification with minimal documents | Strict KYC process with bank-level security |
Security of Funds | No specific fund protection policies | Segregated accounts, Swiss deposit protection up to CHF 100,000 |
Tax Reporting Support | No official tax documents | Provides tax reporting tools and statements |
Multi-Account Management | Not available | Available via MAM/PAMM solutions |
Partnership Programs | Affiliate programs with revenue sharing | IB (Introducing Broker) and White Label solutions |
Integration with TradingView | Not supported | Supported for charting and analysis |
Sentiment Analysis Tools | Based on copy trading data | Advanced AI-driven sentiment tracking |
Custom Scripts & Plugins | Limited | Full scripting support with JForex API and MT4 EAs |
Account Statement Customization | Basic reports | Detailed and exportable reports in multiple formats |
Additional Financial Services | None | Banking services, debit card, and managed investment accounts |
Pocket Option is a beginner-friendly binary options platform with social trading, while Dukascopy is a regulated Swiss broker offering ECN trading, advanced tools, and institutional-level security.