Dukascopy is a Swiss based Forex ECN, CFD and Binaries broker, offering more than 600 tradable assets across Currencies, Stocks, Indices, Commodities, Bonds, ETFs and Cryptocurrencies with a maximum 1:200 leverage on their own advanced, proprietary trading platform JForex as well as MetaTrader.
|#||Broker's Features||DUKASCOPY Availability||PACIFIC FINANCIAL DERIVATIVES LTD Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||❌||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||❌||✔|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Dukascopy vs Pacific Financial Derivatives Ltd.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Dukascopy offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Bonds, Cryptocurrency, while Pacific Financial Derivatives Ltd offers Currencies, Commodities, Indices.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Dukascopy is ECN, while Pacific Financial Derivatives Ltd is ECN, STP.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Dukascopy is regulated by FCMC, FINMA, FSA, while Pacific Financial Derivatives Ltd regulated by FMA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Languages Available: Next lets have a look at each broker's different Language options. Dukascopy offers Chinese, English, French, German, Polish, Spanish, while Pacific Financial Derivatives Ltd offers Chinese, English, Tamil, Vietnamese Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. Dukascopy offers Bank Wire Transfer different payment methods for each account types, while Pacific Financial Derivatives Ltd offers Credit/Debit Cards, Moneybookers, Neteller, Skrill, Bank Wire Transfer payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Dukascopy makes Jforex available to clients, while Pacific Financial Derivatives Ltd offers MT4.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Pacific Financial Derivatives Ltd is more reliable based on our criteria above. Pacific Financial Derivatives Ltd has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Only Pacific Financial Derivatives Ltd Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Pacific Financial Derivatives Ltd offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. As Pacific Financial Derivatives Ltd offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.