Comparison of Dukascopy Europe and Pepperstone
Feature | Dukascopy Europe | Pepperstone |
---|---|---|
Broker | ||
Year Founded | 2011 | 2010 |
Broker Type | ECN | ECN, DMA |
Dealing | A-book | A-book |
Execution | Market | Market |
Regulation | FCMC | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA |
Platforms | JForex, MetaTrader 4 (MT4) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Spread | ⬊ Low | ⬊ Low |
Maximum Leverage | 1:30 | 1:500 |
Minimum Deposit | $100 | $1 |
Base Currencies | USD, EUR, GBP, CHF, PLN | USD, EUR, GBP, AUD, CHF, JPY, NZD, CAD, SGD, HKD |
Funding Methods | Bank Wire (SEPA/SWIFT), Credit/Debit Card | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, USDT (Tether) |
Inactivity Fee | Up to €50 per 180 days of inactivity after the initial 180-day grace period | ✖ |
Interest on Margin | ✖ | ✖ |
Withdrawal Fee | Varies by method; bank/third-party charges and currency conversion may apply | ✖ |
Investor Protection | Latvian Investor Protection System | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
Protection Size | €20 000 | £85 000 / €20 000 |
Segregated Accounts | ✔ | ✔ |
Negative Balance Protection | ✔ | ✔ |
Guaranteed Stop Loss | ✖ | ✔ |
Copy Trading | ✖ | ✔ |
VPS | ✖ | ✔ |
MAM/PAMM | ✖ | ✖ |
Scalping Allowed | ✔ | ✔ |
EAs/Robots | ✔ | ✔ |
Depth of Market (DOM) | ✔ | ✔ |
Tradable Assets (CFDs) | Forex, Metals, Indices, Stocks (CFDs), ETFs, Bonds, Energies, Soft Commodities, Crypto CFDs | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities |
Review | Dukascopy Europe Review | Pepperstone Review |
About Dukascopy Europe
Dukascopy Europe is the EU subsidiary of the Swiss Dukascopy Group, offering ECN trading with transparent, volume-based commissions and ESMA-compliant safeguards. Clients trade on JForex 4 or MT4/MT5 with access to eight asset classes and 1,500+ instruments on the JForex stack, while EU retail leverage is capped at up to 1:30 with negative balance protection.
Pros
- EU-licensed, supervised by the Bank of Latvia
- True ECN model with tiered commissions
- JForex 4 with Java API
- 1,200+ instruments on JForex
Cons
- Retail leverage limited to 1:30 under ESMA rules
- Inactivity fee may apply after prolonged dormancy
About Pepperstone
Pepperstone is a globally recognized forex and CFD broker renowned for its competitive pricing, advanced trading platforms, and superior customer service. Founded in 2010 and headquartered in Melbourne, Australia, Pepperstone has grown to become a trusted name in online trading. With multiple regulatory licenses from top-tier authorities, including ASIC, FCA, and CySEC, the broker offers a secure and transparent trading environment. Whether you're a novice or an experienced trader, Pepperstone provides a range of tools and features to enhance your trading journey.
Pros
- Tight spreads starting from 0.0 pips on Razor accounts
- Regulated by multiple top-tier authorities (ASIC, FCA, CySEC, etc.)
- Access to advanced trading platforms like MetaTrader 4/5 and cTrader
- Excellent for scalping and algorithmic trading with fast execution speeds
- No minimum deposit requirement, making it accessible to all traders
- Dedicated 24/5 multilingual customer support
Cons
- Limited in-house educational resources for beginners
- Limited availability of bonus offers or promotions
Dukascopy Europe & Pepperstone Regulation
Feature | Dukascopy Europe | Pepperstone |
---|---|---|
Companies | Dukascopy Europe IBS AS | Pepperstone Group Limited, Pepperstone Markets Limited, Pepperstone EU Limited, Pepperstone Financial Services (DIFC) Limited, Pepperstone GmbH, Pepperstone Markets Kenya Limited, Pepperstone Limited |
Countries | Latvia | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
Regulators | FCMC | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA |
Investor Protection | Latvian Investor Protection System | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
Investor Protection Size | €20 000 | £85 000 / €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
Account | Dukascopy Europe | Pepperstone |
---|---|---|
ECN Account | ||
Account Name | ECN | Standard |
Min Deposit | $100 | $1 |
Lot Size | 0.01 | 0.01 |
Spread Type | Floating | Floating |
Execution | Market | Market |
Min Spread | 0.1 | 1 |
Fee | $7 per 1 lot | No |
Max Leverage | 1:30 | 1:500 |
Stop Out | 50% | 20% |
Margin Call | 100% | 90% |
Zero Account | ||
Account Name | — | Razor |
Min Deposit | — | $1 |
Lot Size | — | 0.01 |
Spread Type | — | Floating |
Execution | — | Market |
Min Spread | — | 0 |
Fee | — | $7 per 1 lot |
Max Leverage | — | 1:500 |
Stop Out | — | 20% |
Margin Call | — | 90% |
Additional Features | ||
Demo Account | ||
VIP Account | ||
Swap-Free Account | ||
Copy Trading | ||
VPS | ||
PAMM/MAM Accounts |
Funding and Fees
Feature | Dukascopy Europe | Pepperstone |
---|---|---|
Base currencies | USD, EUR, GBP, CHF, PLN | USD, EUR, GBP, AUD, CHF, JPY, NZD, CAD, SGD, HKD |
Deposit and withdrawal methods | Bank Wire (SEPA/SWIFT), Credit/Debit Card | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, USDT (Tether) |
Inactivity fee | Up to €50 per 180 days of inactivity after the initial 180-day grace period | |
Interest on margin | ||
Withdrawal fee | Varies by method; bank/third-party charges and currency conversion may apply |
Trading Platforms and Conditions
Feature | Dukascopy Europe | Pepperstone |
---|---|---|
Trading Platforms | JForex, MetaTrader 4 (MT4) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Execution Speed | - | 40 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
Asset | Dukascopy Europe | Pepperstone |
---|---|---|
Currencies | 59 | 97 |
Indices | 21 | 26 |
Stocks | 1081 | 986 |
Cryptocurrencies | 18 | 30 |
Bonds | 3 | 0 |
Metals | 5 | 20 |
Energies | 4 | 4 |
Soft Commodities | 6 | 16 |
ETFs | 51 | 108 |
Education and Analytics
Feature | Dukascopy Europe | Pepperstone |
---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
Contact | Dukascopy Europe | Pepperstone |
---|---|---|
Email | support@dukascopy.eu | support@pepperstone.com |
Phone | +371 67 399 000 | +17866281209 |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter | — |
Which Broker is Better?
After comparing Dukascopy Europe and Pepperstone, Pepperstone comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.