| Feature | Deriv | Alpari |
|---|---|---|
| Founded | 1999 (as Binary.com, rebranded to Deriv in 2020) | 1998 |
| Regulation | MFSA, VFSC, Labuan FSA | FSC, IFSC, CySEC |
| Headquarters | Malta | Mauritius |
| Trading Platforms | DTrader, DBot, Deriv MT5, Deriv X, SmartTrader | MT4, MT5, Alpari Mobile, WebTrader |
| Asset Classes | Forex, Commodities, Cryptocurrencies, Indices, Synthetic Indices | Forex, Commodities, Cryptocurrencies, Indices |
| Minimum Deposit | $5 | $1 |
| Leverage | Up to 1:1000 | Up to 1:3000 |
| Spread | From 0.1 pips (variable) | From 0.4 pips (variable) |
| Commission | No commission on most accounts | Commission-based ECN accounts |
| Trading Fees | Low spreads, no hidden fees | Spreads, swap fees, ECN commission |
| Deposit Methods | Bank transfer, E-wallets, Cryptocurrencies, Cards | Bank transfer, E-wallets, Cryptocurrencies, Cards |
| Withdrawal Methods | Bank transfer, E-wallets, Cryptocurrencies, Cards | Bank transfer, E-wallets, Cryptocurrencies, Cards |
| Processing Time for Withdrawals | 1-3 business days | 1-2 business days |
| Demo Account | Yes, unlimited | Yes, unlimited |
| Copy Trading | No | Yes (PAMM accounts) |
| Automated Trading | Yes, DBot (drag-and-drop bot builder) | Yes, via MT4/MT5 and Expert Advisors |
| Education Resources | Tutorials, Webinars, Blog | Webinars, Tutorials, Articles |
| Customer Support | 24/7 live chat, Email | 24/5 live chat, Email, Phone |
| Bonuses and Promotions | Occasional promotions | Deposit bonuses, Cashback programs |
| Account Types | Standard, Synthetic Indices, Financial | Standard, ECN, PAMM |
| Islamic Accounts | No | Yes |
| Negative Balance Protection | Yes | Yes |
| Social Trading | No | Yes (via PAMM) |
| Mobile App | Yes | Yes |
| Reputation and Reviews | Positive, trusted for binary and forex trading | Positive, known for diverse account types |
| Security and Encryption | SSL encryption, 2FA | SSL encryption, 2FA |
| Ideal For | Beginners and intermediate traders | Both beginners and advanced traders |
| Drawbacks | Limited social trading features | Higher spreads on some accounts |
| Overall Rating | 4.5/5 | 4.3/5 |
| Order Execution Speed | Instant, optimized for fast trades | Fast, supports market and pending orders |
| Account Currencies | USD, EUR, GBP, AUD, Cryptocurrencies | USD, EUR, GBP, NGN, Cryptocurrencies |
| Scalping and Hedging | Permitted | Permitted |
| VPS Hosting | Available for high-volume traders | Available for ECN accounts |
| Swap-Free Option | Offered indirectly via synthetic accounts | Available for Islamic accounts |
| Stop Out Level | 50% | 20%-60% depending on account type |
| Trailing Stops | Supported on MT5 | Supported on MT4 and MT5 |
| API Access | Comprehensive, for algorithmic trading | Limited API capabilities |
| Algo Trading Support | Advanced, with DBot and API integration | Advanced, with Expert Advisors (EAs) |
| Volatility Index Trading | Unique synthetic indices with fixed volatility levels | Not available |
| Trading Contests | Occasional competitions | Frequent trading contests |
| Dealing Desk | No dealing desk (STP) | No dealing desk (STP/ECN) |
| Margin Call Level | 100% | 50%-80% depending on account type |
| Order Types Supported | Market, Limit, Stop, OCO | Market, Limit, Stop, Trailing Stop |
| Max Open Orders | Unlimited | Up to 500 orders |
| Crypto Trading Pairs | Wide range, including BTC, ETH, LTC | Moderate range, including BTC, ETH, XRP |
| Fiat to Crypto Conversion | Direct, supports multiple cryptos | Indirect, limited options |
| Trade Expiry Options | 1 minute to 365 days | 1 minute to 180 days |
| Funding Fees | Zero fees on most methods | May apply on certain payment methods |
| Rebates for High-Volume Traders | Available on specific accounts | Available via cashback programs |
| Market Analysis Tools | Advanced, including TradingView charts | Advanced, including AutoChartist |
| Sentiment Analysis | Proprietary tools for sentiment tracking | Integrated via MT4/MT5 plugins |
| Account Verification Time | Quick, usually within 24 hours | Moderate, 1-3 business days |
| Spreads on Cryptos | Tight, competitive | Wider compared to major pairs |
| CFD Trading Options | Comprehensive across multiple assets | Comprehensive, focused on forex and commodities |
| Partnership Programs | Affiliate and IB programs | Affiliate, IB, and Regional partnerships |
| Leverage on Crypto Assets | Up to 1:50 | Up to 1:10 |
| Execution Model | STP/ECN | STP/ECN |
| Advanced Order Features | One-click trading, Stop Loss, Take Profit | One-click trading, Stop Loss, Take Profit |
| News Feed Integration | Integrated via trading platforms | Integrated via MT4/MT5 |
| Price Alerts | Supported via platform notifications | Supported via platform notifications |
| Risk Management Tools | Advanced, including margin calculator | Advanced, including margin and profit calculators |
| Interest on Unused Funds | Not offered | Offered on certain account types |
| User Interface (UI) | Intuitive, beginner-friendly | Detailed, suited for experienced traders |
| Spread Betting | Available for specific markets | Not available |
| Asset Liquidity | High, especially on synthetic indices | High, especially on forex pairs |
| Social Media Integration | Limited, mainly for support and updates | Integrated via social trading platforms |
| Interest Rate Swap (Carry Trade) | Applicable on overnight positions | Applicable, with detailed swap rates |
| Cross-Platform Synchronization | Seamless across web, mobile, and desktop platforms | Seamless for MT4 and MT5 |
| Server Stability | High uptime, reliable servers | High uptime, multiple server locations |
| Leverage Flexibility | Customizable per asset and account type | Highly flexible, depends on account type |
| Account Base Countries | Available globally with some restrictions | Available globally with some restrictions |
| Data Analytics and Reporting | In-depth analytics via dashboard | Detailed reports via MT4/MT5 |
| Order Rejection Policy | Minimal rejections, advanced risk management | Rare rejections, robust order execution |
| Trade Duplication | Manual only | Automatic via PAMM accounts |
| Currency Pairs Available | Over 50 pairs | Over 60 pairs |
| Re-quote Policy | No re-quotes | No re-quotes |
| Cross Margining | Available for multiple assets | Available for specific accounts |
| Maximum Leverage on Commodities | Up to 1:500 | Up to 1:1000 |
| Historical Data Access | Comprehensive, downloadable CSV files | Detailed, integrated with MT4/MT5 |
| Account Migration Flexibility | Easy migration between account types | Requires approval for some account types |
| Security of Funds | Segregated client accounts | Segregated client accounts |
| Withdrawal Limits | High, varies by method | High, varies by method |
| Trading Hours | 24/7 for synthetic indices, 24/5 for forex and others | 24/5 for all assets |
| Platform Customization | High, supports API and bot customization | High, supports Expert Advisors (EAs) |
| Access to Interbank Liquidity | Direct for forex pairs | Direct for ECN accounts |
| Rolling Spot Forex | Available | Available |
| Regulation Compliance | Adheres to AML and KYC policies | Adheres to AML, KYC, and GDPR policies |
| Documentation and Tutorials | Detailed guides, step-by-step videos | Comprehensive articles and videos |
| Custom Indicators | Supported, especially on MT5 | Supported on MT4 and MT5 |
| Tick Trading | Available for synthetic indices | Not available |
| High-Frequency Trading (HFT) | Supported with low latency servers | Supported with VPS and ECN accounts |
| Algorithmic Trading Competitions | Occasionally organized | Frequent competitions |
| Slippage Control | Advanced, with slippage protection | Advanced, with variable slippage management |
| Cross-Asset Trading | Efficient, with margin netting across assets | Efficient, allows hedging across different assets |
| Smart Contracts on Blockchain | Limited, primarily crypto trading | No integration |
| Seasonal Trading Offers | Available occasionally | Frequent seasonal offers |
| Inactivity Fee | Applicable after 12 months of inactivity | Applicable after 6 months of inactivity |
| Deposit Insurance | Not insured | Not insured |
| API Rate Limit | Generous, supports multiple calls per second | Moderate, restrictions apply |
| Funding Currencies Supported | 20+ including cryptocurrencies | 30+ including cryptocurrencies |
| Market Depth Visibility | Enhanced on MT5 | Enhanced on MT4/MT5 |
| Slippage Rates on News Events | Controlled, varies by account type | Managed, varies by account type |
| Execution Speed on Major Pairs | Less than 0.5 seconds | Less than 0.3 seconds |
| Investment Programs | None outside of trading | PAMM and MAM accounts |
| Client Compensation Scheme | Not covered | Not covered |
| Micro Lot Trading | Available (0.01 lots) | Available (0.01 lots) |
| Affiliate Payout Frequency | Monthly, based on commissions | Monthly, multiple payout methods |
| Compliance with ESMA Regulations | Compliant for EU clients | Compliant for EU clients |
| Advanced Charting Tools | Integrated with TradingView | Integrated with MT4/MT5 plugins |
| Order Fill Policy | Fill or Kill, Immediate or Cancel | Fill or Kill, Immediate or Cancel |
| Latency to Major Liquidity Providers | Low, under 100ms | Low, under 80ms |
| Real-Time Margin Monitoring | Available via platform dashboards | Available via MT4/MT5 |
| Industry Recognition and Awards | Recognized for synthetic indices innovation | Recognized for PAMM services |
Deriv offers unique synthetic indices and low fees, making it ideal for beginners, while Alpari’s diverse account options and advanced tools cater to experienced traders.