Feature | Deriv | Expert Option |
---|---|---|
Founded | 1999 | 2014 |
Regulation | MFSA, VFSC, Labuan FSA, FSC Mauritius | VFSC (Vanuatu), FMRRC (Russia) |
Minimum Deposit | $5 | $10 |
Minimum Trade Amount | $0.35 | $1 |
Maximum Leverage | Up to 1:1000 | Up to 1:500 |
Account Types | Standard, Financial STP, Synthetic | Basic, Silver, Gold, Platinum, Exclusive |
Demo Account | Yes, with unlimited virtual funds | Yes, with $10,000 virtual funds |
Assets Available | Forex, Commodities, Cryptocurrencies, Synthetic Indices, CFDs, Options | Forex, Stocks, Cryptocurrencies, Commodities, Indices |
Trading Platforms | Deriv WebTrader, DMT5, Deriv X, Binary Bot, MT5 | Proprietary Web Platform, Mobile App |
Mobile App | Yes, for iOS and Android | Yes, for iOS and Android |
User Interface | Simple and customizable | Intuitive and beginner-friendly |
Charting Tools | Advanced, includes multiple indicators and chart types | Limited compared to Deriv, basic indicators available |
Order Types | Market, Limit, Stop Orders | Market Orders only |
Payouts (for Options Trading) | Up to 100% | Up to 95% |
Spreads | Variable, competitive | Fixed spreads |
Commissions | No commission for most trades, some for specific assets | No commissions |
Deposit Methods | Bank Transfer, Credit/Debit Card, E-Wallets, Cryptocurrency | Bank Transfer, Credit/Debit Card, E-Wallets, Cryptocurrency |
Withdrawal Methods | Same as deposit methods, quick processing | Same as deposit methods, moderate processing speed |
Deposit & Withdrawal Fees | No fees for most methods | No fees for most methods |
Processing Time | Instant to 1 business day | Instant to 3 business days |
Education Resources | Extensive, includes webinars, articles, tutorials | Limited, mostly basic tutorials |
Customer Support | 24/7 live chat, email, phone support | 24/7 live chat, email support |
Security Features | SSL encryption, 2FA, segregated accounts | SSL encryption, 2FA |
Countries Restricted | USA, Hong Kong, Canada, Israel | USA, Canada, Switzerland, European Economic Area (EEA) |
Bonuses and Promotions | None due to regulatory policies | Welcome bonuses occasionally available |
Social Trading | No | Yes, via Leaderboard and Copy Trading |
Automated Trading | Yes, via Binary Bot and API | No automated trading capabilities |
API Access | Yes, for custom strategies | No API access |
Trust Score | High, due to longstanding reputation and regulations | Medium, newer in the market and fewer regulations |
Best For | Advanced traders, automated trading enthusiasts, diverse asset access | Beginner traders, social trading enthusiasts |
Risk Management Tools | Stop Loss, Take Profit, Trailing Stop | Stop Loss, Take Profit |
Scalping and Hedging | Allowed | Not allowed |
Risk Management Customization | Advanced options with multiple risk control tools | Basic risk management tools |
Trading Signals | Provided for certain assets, integrated into platforms | Limited, mostly through social trading and leaderboard insights |
Algorithmic Trading | Supports Python and MT5 scripts, API for custom bots | Lacks support for custom algorithmic trading |
Market Analysis Tools | Economic calendar, market news, sentiment analysis | Basic analysis tools, limited news integration |
Margin Call Levels | 50% margin call, 20% stop out level | 60% margin call, 30% stop out level |
Interest on Margin | Negative balance protection ensures no interest on margin | No interest charged, negative balance protection available |
Order Execution Speed | Fast execution, typically under 0.5 seconds | Moderate execution speed, can vary with market conditions |
Currency Pairs Available | Over 50 pairs including major, minor, and exotic | Around 40 pairs, focused on major and minor currencies |
Synthetic Trading Options | Extensive, including volatility indices, crash and boom indices | Not available |
Cross-Platform Integration | Seamless between desktop, web, and mobile apps | Moderate integration, some lag between platforms |
Portfolio Management Features | Detailed analytics, profit/loss tracking, customizable dashboards | Basic portfolio tracking, limited analytics |
Slippage Control | Customizable slippage settings | Fixed slippage settings |
Fee Transparency | Transparent with no hidden charges, detailed fee breakdown available | Limited transparency, fees embedded in spreads |
Swap-Free Options | Available with no additional cost | Available but with limited asset access |
Leverage Customization | Flexible leverage options per asset class | Fixed leverage levels for different account types |
Community and Social Features | Forum and community support via platform | Strong social trading network with leaderboards |
Competitions and Tournaments | Occasional trading competitions with prizes | Frequent tournaments with monetary rewards |
Custom Indicators | Supports custom scripts and indicators on MT5 | Lacks support for custom indicators |
Requotes and Slippage | Minimal requotes, advanced order execution algorithms | Moderate requotes, dependent on market volatility |
Risk Warning Mechanism | Real-time alerts and notifications for high-risk trades | Basic risk warnings during trade execution |
Volatility Management | Tools for managing volatility including stop-loss and limit orders | Basic tools, limited to stop-loss and take-profit |
Trading Sessions | Supports multiple time zones, market hours synced with global exchanges | Limited support, primarily focused on standard market hours |
Backup and Recovery | Cloud-based backup for trading data and settings | No explicit backup features |
Account Verification Time | 24 to 48 hours typically | 1 to 3 business days |
Platform Stability | High uptime, regular updates and maintenance | Moderate stability with occasional downtime |
Integration with Third-Party Tools | Supports integrations with TradingView and MT5 plugins | No third-party integrations |
Copy Trading Parameters | Not available | Detailed control over copy trading settings |
Multi-Language Support | Supports over 20 languages | Supports around 15 languages |
Investor Protection Fund Membership | Member of certain regulatory compensation schemes | Lacks protection fund membership |
Spread Types | Variable and tight spreads | Fixed spreads |
Regulatory Compliance Reporting | Detailed and compliant with international standards | Basic compliance reporting |
Market Depth Data | Available on certain platforms like DMT5 | Not available |
Custom Alerts and Notifications | Advanced alerts via email, SMS, and platform notifications | Limited to platform notifications |
Trade Diversification Options | High, across multiple asset classes including synthetic indices | Moderate, focused on standard asset classes |
Latency and Connectivity | Low latency with multiple data centers globally | Moderate latency, limited server locations |
Anti-Money Laundering (AML) Compliance | Strict AML and KYC policies | Basic AML policies |
Cold Storage for Crypto | Majority of crypto assets stored in cold storage for security | Limited information on crypto storage practices |
Trading Cost Analysis Tools | Detailed breakdown of costs per trade | Lacks comprehensive cost analysis tools |
Cloud-Based Trading Support | Available with DMT5 and WebTrader platforms | Limited to mobile and web platforms |
Trading Robot Marketplace | Offers a marketplace for trading bots and scripts | No marketplace for trading robots |
Scalping Detection Algorithms | Allows scalping with no restrictions | Detects and restricts scalping activity |
Market Sentiment Indicators | Real-time sentiment analysis tools | Limited sentiment indicators |
Customizable User Interface | High customization with widget-based dashboards | Moderately customizable, predefined layouts |
Password Security Features | Advanced, with two-factor authentication and frequent security updates | Basic password protection, 2FA available |
Execution Models | No dealing desk (NDD), STP, ECN models available | Dealing desk model |
Trading View Integration | Fully integrated for advanced charting and analysis | No integration with Trading View |
Asset Swap Options | Supports swap between forex, crypto, and synthetic indices | No direct asset swap options |
Interest-Bearing Accounts | Does not offer interest on idle funds | Does not offer interest on idle funds |
Heat Maps and Advanced Indicators | Available for multiple assets | Lacks advanced heat maps |
Multiple Chart Layouts | Up to 9 charts in a single view | Supports up to 4 charts in a single view |
Historical Data Access | Extensive historical data available for all assets | Limited historical data for standard assets |
Position Sizing Tools | Advanced tools for managing position sizes | Basic position sizing tools |
Weekend Trading Options | Available for synthetic indices | Limited to cryptocurrencies |
Fixed-Time Trades | Offers a wide range of fixed-time trade options | Focused heavily on fixed-time trades |
Margin Trading Features | Advanced margin control with adjustable levels | Fixed margin requirements |
Stochastic and Fibonacci Tools | Integrated with customizable settings | Basic versions available |
Network Encryption Protocols | TLS 1.2 and SSL for enhanced security | SSL encryption |
Compliance with GDPR and Data Privacy | Fully compliant | Partially compliant |
Asset Volatility Tracking | Comprehensive volatility indices and tracking | Basic volatility tracking |
Grid and Martingale Strategies | Supports both strategies on MT5 platforms | Does not support grid or martingale strategies |
Economic Event Alerts | Real-time alerts integrated into platform | Limited economic event alerts |
Regulatory Reporting Automation | Automated compliance reporting for regulated accounts | Manual reporting for regulatory compliance |
Interbank Liquidity Access | Access to multiple liquidity providers | Limited to in-house liquidity |
Cold Wallet Storage for Cryptocurrencies | Majority stored offline for enhanced security | Moderate cold storage availability |
Portfolio Risk Analytics | Advanced analytics including beta, alpha, and Sharpe ratio | Basic risk metrics |
Server Locations and Redundancy | Multiple global server locations with redundancy | Limited server redundancy |
Fractional Shares Trading | Available for certain assets | Not available |
Synthetic Indices | Unique offering with various volatility indices | No synthetic indices available |
Corporate Account Options | Available with customized solutions | No corporate account options |
Trade Limit Controls | Adjustable trade limits per account type | Fixed trade limits |
Profit and Loss Analysis | Detailed P&L analysis with graphical representation | Basic P&L tracking |
Trade Insurance Options | Not available | Occasionally offers trade insurance promotions |
Options Trading Flexibility | Multiple options types including lookbacks and high-low | Limited to standard call/put options |
Real-Time Volatility Alerts | Integrated for high-risk asset classes | Basic alerts for major assets |
Tick-by-Tick Data Analysis | Available for high-frequency traders | Lacks tick-by-tick analysis |
Negative Balance Protection Mechanism | Ensures protection under all account types | Limited to specific account types |
Trading Condition Customization | High customization for spreads, leverage, and execution | Moderate customization |
Affiliate Program Terms | Transparent with performance-based rewards | Less transparent, limited performance metrics |
Seasonal Trading Patterns Analysis | Integrated into platform tools | No seasonal pattern analysis |
Mobile App Data Sync | Real-time synchronization across devices | Moderate sync speed, occasional delays |
Advanced Oscillator Tools | Available for momentum and trend analysis | Basic oscillators only |
Copy Trading Commission Structure | Not available | Percentage-based commissions for copy traders |
Chart Drawing Tools Variety | Extensive, including Gann and Fibonacci tools | Limited to basic drawing tools |
Subscription-Based Services | None, all features included | Premium features for higher account tiers |
Cloud Sync for Settings and Data | Available with API access and MT5 | No cloud sync for user settings |
Custom Risk Models | Allows creation of personalized risk models | Fixed risk models based on account type |
Cross-Margin Capabilities | Available for derivatives and options | Lacks cross-margin capabilities |
Banned or Restricted Trading Techniques | None, allows all legal trading techniques | Prohibits scalping, hedging, and news trading |
Expert Advisors (EAs) Support | Full support on MT5 platform | Not supported |
Deriv offers advanced trading tools, diverse assets, and extensive customization, ideal for experienced traders. Expert Option focuses on simplicity, social trading, and fixed spreads, appealing to beginners.