Dukascopy vs OvalX

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, Dukascopy currently holds a stronger overall rating (3.6) than OvalX (1). Dukascopy has a lower minimum deposit, at 100.0. Both platforms offer their clients demo accounts. Dukascopy offers a lower maximum leverage of 1:200, whereas OvalX allows trading with up to 1:275.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
3.6/5 (38 reviews)
3.4/5
3.7/5
3.9/5
3.5/5
1/5 (0 reviews)
1/5
1/5
1/5
1/5
Minimum deposit ($) 100.0 250.0
Commission 5.0 -
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 1000.0 0.01
Maximum lot size 1.5E7 -
Spread Variable Variable
Broker type STP, ECN STP, DMA, Prime of Prime
Maximal leverage (1:?) 200 275
Availability STP, ECN STP, DMA, Prime of Prime
Regulation FINMA (Switzerland), FCMC (Latvia), FSA (Japan) FCA (UK), CySEC (Cyprus), FSCA (South Africa)
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform, JForex MetaTrader 4 (MT4)
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Neteller, Skrill, Crypto Wire Transfer, Credit Card, Debit Card
Account Currency USD, GBP, EUR, CHF, JPY, NZD, CAD, DKK, SEK, PLN, SGD, HKD, ILS, ZAR, MXN, AUD, NOK, HUF, CZK, CNY, AED, USDT GBP
Languages English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Mandarin, Chinese, Polish, Arabic, Hungarian, Malay, Farsi, Czech, Slovak, Slovene, Serbian, Croatian, Latvian, Romanian English
Country Switzerland Cyprus
Trading platform(s) timezone Japan, Latvia, Switzerland United Kingdom
Other trading instruments Cryptocurrency, Precious Metals, Bonds, ETFs, Share CFDs, Forex, CFDs: Indices, Commodities, Energies Indices, Spread Betting
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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