Deriv vs AvaTrade Comparison & Reviews

FeatureDerivAvaTrade
Year Established19992006
RegulationRegulated by MFSA, VFSC, FSCRegulated by ASIC, FSA, FSCA, FFAJ, Central Bank of Ireland, CySEC, ISA
HeadquartersMaltaDublin, Ireland
Trading PlatformsDTrader, MetaTrader 5 (MT5), Deriv X, SmartTrader, Binary Bot, Deriv GOMetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO, WebTrader, AvaOptions
Assets OfferedForex, Commodities, Stocks, Indices, Cryptocurrencies, Synthetic IndicesForex, Commodities, Stocks, Indices, Cryptocurrencies, ETFs, Bonds, Options
LeverageUp to 1:1000 (varies by asset and region)Up to 1:400 (varies by asset and region)
Minimum Deposit$5$100
Trading FeesLow spreads, no commissions on most assetsCompetitive spreads, no commissions on most assets, overnight fees apply
Deposit MethodsBank transfer, Credit/Debit cards, E-wallets (Skrill, Neteller), CryptocurrencyBank transfer, Credit/Debit cards, E-wallets (Skrill, Neteller, PayPal), Cryptocurrency
Withdrawal MethodsBank transfer, Credit/Debit cards, E-wallets, CryptocurrencyBank transfer, Credit/Debit cards, E-wallets, Cryptocurrency
Execution TypeMarket ExecutionMarket Execution
SpreadsVariable, starting from 0.1 pipsVariable, starting from 0.9 pips
CommissionNone on most assetsNone on most assets, except specific options contracts
Mobile TradingYes, via Deriv GO and MetaTrader appsYes, via AvaTradeGO and MetaTrader apps
Educational ResourcesLimited, basic tutorials and blogsExtensive, including video tutorials, eBooks, webinars, and market analysis
Demo AccountYesYes
Copy TradingNot availableYes, via AvaSocial and ZuluTrade
Trading SignalsAvailable on MT5Available on MT4 and MT5, including DupliTrade and third-party signals
Customer Support24/7 via live chat, email24/5 via live chat, email, phone
Negative Balance ProtectionYesYes
Islamic AccountYesYes
Bonus & PromotionsRare, limited promotionsFrequent bonuses and promotions, subject to regulations
Languages SupportedMultiple, including English, Spanish, French, ChineseMultiple, including English, Spanish, French, German, Arabic, Chinese
Algo TradingYes, supports MT5 Expert Advisors and Binary BotYes, supports MT4/MT5 Expert Advisors
Market InstrumentsCFDs, Binary Options, MultipliersCFDs, Options, Forex, Cryptocurrencies
API AccessYes, via Binary.com APINo direct API access
Trust ScoreHighVery High
Best ForBinary options and synthetic indices tradersBeginner to advanced traders looking for diverse assets and education
Social TradingLacks integrated social trading featuresOffers social trading via AvaSocial and ZuluTrade
Charting ToolsAdvanced charting with indicators on DTrader and MT5Extensive charting tools with technical indicators on MT4, MT5, and WebTrader
Scalping and HedgingSupports both strategiesSupports both strategies
Order TypesMarket, Limit, Stop Loss, Take Profit, Trailing StopMarket, Limit, Stop Loss, Take Profit, Trailing Stop, One Cancels Other (OCO)
VPS HostingOffers VPS for MT5 usersProvides free VPS for qualifying accounts
Risk Management ToolsBuilt-in risk management on DTrader and MT5Advanced tools including AvaProtect for loss protection
Transaction FeesNo deposit fees, potential withdrawal fees based on methodNo deposit fees, withdrawal fees vary by method
Trading Hours24/7 trading available for synthetic indices24/5 trading for most assets, some cryptocurrencies available 24/7
Interest on Unused FundsDoes not offer interest on unused fundsDoes not offer interest on unused funds
Partnership ProgramsAffiliate and IB programs with competitive commissionsMultiple partnership options including affiliate and white label programs
Contests and ChallengesRare, limited to specific eventsFrequent trading contests and challenges
Account Currencies SupportedUSD, EUR, GBP, AUD, and multiple cryptocurrenciesUSD, EUR, GBP, AUD, JPY, CHF, and more
Regulatory ProtectionsSegregated client funds, investor compensation schemesSegregated client funds, investor compensation schemes, additional regulatory protections
Spread BettingNot availableAvailable in the UK for tax-efficient trading
Direct Market Access (DMA)No direct market accessNo direct market access
Micro-Lot TradingAvailable for forex and other assetsAvailable for forex and other assets
Automated Trading SupportAllows algorithmic trading on MT5 and Binary BotAllows algorithmic trading on MT4 and MT5
Rebate ProgramsOffers rebates for high-volume tradersOffers rebates based on trading volume
Security FeaturesTwo-factor authentication, SSL encryptionTwo-factor authentication, SSL encryption, negative balance protection
Advanced OrdersCustomizable contracts on Binary BotAdvanced order types on AvaOptions
Geographic RestrictionsRestricted in the US, Canada, Hong Kong, Israel, and a few othersRestricted in the US, Iran, and a few other regions
Withdrawal Processing TimeTypically 1-3 business days depending on the methodTypically 1-2 business days depending on the method
Community SupportActive community forums and resourcesActive community support through AvaTrade Academy and social platforms
Crypto Pairs OfferedExtensive selection including BTC, ETH, LTC, XRP, and moreBroad selection including BTC, ETH, LTC, XRP, EOS, and more
Cross-Platform CompatibilityWeb, desktop, and mobile compatibilityWeb, desktop, and mobile compatibility
Account TypesStandard, Financial STP, Synthetic, and IslamicStandard, Retail, Professional, Islamic
Margin RequirementsFlexible margin based on account type and assetTiered margin system based on asset and region
News Feed IntegrationLimited news integration on platformsIntegrated news feed from Dow Jones and other providers
User Interface CustomizationHighly customizable on DTrader and MT5Customizable on MT4, MT5, and AvaTradeGO
Customer Support LanguagesEnglish, Spanish, Chinese, French, Arabic, and moreOver 15 languages including English, Spanish, French, German, Italian, Arabic
Onboarding ProcessSimple, requires ID verification, quick account approvalStreamlined, requires ID verification, generally fast approval
KYC RequirementsMandatory for withdrawals, proof of identity and address requiredMandatory for withdrawals, proof of identity and address required
Server Location OptionsLimited, primarily in EuropeMultiple server locations globally for lower latency
Leverage FlexibilityAdjustable leverage on MT5 based on asset and regionCustomizable leverage settings on MT4 and MT5
Institutional ServicesFocused on retail traders, lacks institutional-grade servicesOffers institutional accounts and white-label solutions
Asset Expiry OptionsExpiry options for binary contractsNo expiry on most CFDs except options contracts
Integration with Third-Party ToolsSupports integration with MT5 plugins and APIsExtensive integrations including Trading Central and AutoChartist
Forex Pairs AvailableOver 50 major, minor, and exotic pairsOver 55 major, minor, and exotic pairs
Synthetic IndicesExclusive synthetic indices with 24/7 tradingDoes not offer synthetic indices
Order Execution SpeedGenerally fast, optimized for retail tradersLow latency execution, optimized for both retail and professional traders
Trading Psychology SupportLimited resources focused on risk managementDedicated materials on trading psychology and emotional control
Public API DocumentationComprehensive API for developersLacks public API documentation
HFT (High-Frequency Trading) SupportNot explicitly supportedNot explicitly supported, but low latency helps HFT traders
Interest Rate CFDsNot availableOffers interest rate CFDs in some regions
PAMM/MAM AccountsDoes not support PAMM/MAM accountsSupports PAMM (Percentage Allocation Management Module) accounts
Trading Contest FrequencyRare, occasional eventsFrequent, with cash prizes and bonuses
Market Depth InformationAvailable on MT5 for specific accountsAvailable on MT4 and MT5
Trading Hours Flexibility24/7 for synthetic indices, 24/5 for other assets24/5 with some assets like cryptocurrencies available 24/7
Deposit Processing TimeInstant for most methodsInstant for most methods, bank transfers may take longer
Privacy Policy TransparencyDetailed and GDPR-compliantDetailed and GDPR-compliant
Public Reviews and RatingsGenerally positive, praised for low fees and platform varietyHigh ratings, praised for regulation and diverse asset classes
Cryptocurrency StakingNot availableNot available
Reputation Among Professional TradersGrowing, recognized for binary options and synthetic marketsEstablished, trusted for forex and CFD trading
Integration with Trading BotsSupports Binary Bot and MT5 Expert AdvisorsSupports MT4 and MT5 Expert Advisors
Security of FundsSegregated accounts, encryption protocolsSegregated accounts, encryption protocols, insurance in some regions
Tick TradingOffers tick-based contracts on DTraderDoes not offer tick-based contracts
Cross-Asset TradingAvailable, supports trading across forex, stocks, and cryptocurrenciesAvailable, supports trading across forex, stocks, commodities, and more
ETF TradingNot availableOffers ETF CFDs
Market Sentiment IndicatorsLimited, mainly on MT5Integrated market sentiment tools on WebTrader and AvaTradeGO
Affiliate Commission StructureCompetitive, offers CPA and revenue shareAttractive, offers CPA, revenue share, and hybrid models
Synthetic LeverageAvailable for synthetic indicesNot available
Inactivity FeesCharges after 12 months of inactivityCharges after 3 months of inactivity
Custom Trading InstrumentsAllows creating custom synthetic contractsDoes not support custom trading instruments
Managed Account ServicesLacks managed account servicesOffers managed account options for higher-tier clients
Mobile App FeaturesSupports notifications, alerts, and charting on Deriv GOComprehensive features including alerts, charting, and news on AvaTradeGO
Algorithmic Strategy BuilderBinary Bot allows drag-and-drop strategy creationNo drag-and-drop builder, but supports coding in MQL4 and MQL5
Contingent OrdersLimited to MT5Available on MT4, MT5, and AvaOptions
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Deriv offers unique synthetic indices and a low-cost trading environment, while AvaTrade excels with extensive asset classes, educational resources, and advanced trading tools. Both cater to different trader preferences with distinct strengths.