| Feature | Deriv | FBS |
|---|---|---|
| Regulation | Licensed by multiple entities: Malta Financial Services Authority (MFSA), Labuan Financial Services Authority (LFSA), Vanuatu Financial Services Commission (VFSC), British Virgin Islands Financial Services Commission (BVIFSC). | Regulated by: Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), International Financial Services Commission (IFSC) of Belize. |
| Minimum Deposit | $5 | $5 |
| Trading Platforms | MetaTrader 5, DTrader, DXtrade, Deriv Bot (DBot), Deriv Go, SmartTrader, cTrader, TradingView | MetaTrader 4, MetaTrader 5, FBS Trader (proprietary mobile app) |
| Tradable Instruments | Forex, Commodities (Gold & Silver), Indices, Cryptocurrencies, Synthetic Indices | Forex, Metals, Energies, Stocks, Indices, Cryptocurrencies |
| Spreads | Floating spreads starting from 0.5 pips on major currency pairs | Floating spreads starting from 0.7 pips on major currency pairs |
| Leverage | Up to 1:1000, depending on the asset class and regulatory restrictions | Up to 1:3000 for certain accounts; varies based on asset class and regulatory jurisdiction |
| Commission Fees | Generally, no commissions on standard accounts; costs are included in the spread | Commission-free trading on standard accounts; some account types may have commissions |
| Deposit & Withdrawal Methods | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Perfect Money, FasaPay, Cryptocurrencies (including Bitcoin, Ethereum, Tether), paysafecard, AdvCash, AstroPay, USD Coin (USDC) | Credit/debit cards, FasaPay, Local bank transfers, Neteller, Perfect Money, Skrill, UnionPay, Wire transfer |
| Deposit & Withdrawal Fees | No deposit or withdrawal fees charged by Deriv; third-party charges may apply | No internal deposit or withdrawal fees; third-party charges may apply |
| Account Types | Standard Account, Financial STP Account, Synthetic Account, Demo Account | Standard Account, Cent Account, Micro Account, Zero Spread Account, ECN Account, Demo Account, Islamic Account |
| Educational Resources | Basic educational materials, including a blog and tutorials; limited advanced content | Extensive educational content, including articles, courses, e-books, videos, and webinars covering topics like technical analysis, fundamental analysis, trading psychology, and risk management |
| Customer Support | Available 24/7 via live chat and email; limited phone support | Multilingual support available 24/7 via live chat, email, and phone; call-back option available |
| Research Tools | Limited research tools; lacks in-depth market analysis and reports | Provides daily market insights, trading signals, and an economic calendar; lacks third-party research content |
| Bonuses & Promotions | Generally does not offer bonuses or promotions; focuses on providing competitive trading conditions | Offers various bonuses and promotions, including deposit bonuses and trading contests; availability may vary based on regulatory jurisdiction |
| Regulatory Restrictions | Does not accept clients from certain jurisdictions, including the USA, Canada, Hong Kong, Israel, France, Malaysia, Malta, Paraguay, UAE | Does not offer services to residents of certain jurisdictions, including the USA, the EU, the UK, Israel, Iran, Myanmar |
| Negative Balance Protection | Offers negative balance protection, ensuring clients cannot lose more than their account balance | Provides negative balance protection to retail clients, preventing losses exceeding the account balance |
| Copy Trading | Supports copy trading through cTrader Copy, allowing clients to replicate experienced traders' strategies | Offers copy trading services, enabling clients to follow and copy the trades of professional traders |
| Automated Trading | Provides tools for automated trading, including Deriv Bot (DBot) for creating trading bots without coding | Supports automated trading through MetaTrader platforms and offers VPS services for uninterrupted trading |
| Social Trading | Offers a limited form of social trading through community forums and trader insights; lacks a dedicated social trading platform. | Provides a dedicated social trading app, allowing users to follow and copy trades of successful traders with performance statistics and leaderboards. |
| Mobile Trading Experience | Supports mobile trading via Deriv Go, DTrader app, and MetaTrader 5 mobile; user-friendly interface with customizability. | FBS Trader app offers a seamless mobile experience with MetaTrader 4 and MetaTrader 5 compatibility, including advanced charting tools and in-app notifications. |
| Trading Competitions | Rarely offers trading competitions; focuses more on providing stable trading conditions. | Regularly hosts trading competitions and contests with cash prizes and bonus incentives for traders. |
| Islamic Account Availability | Offers swap-free Islamic accounts for Muslim traders, complying with Sharia law. | Provides swap-free Islamic accounts on multiple account types, ensuring compliance with Sharia principles. |
| Security Features | Implements SSL encryption, two-factor authentication (2FA), and segregated client funds for enhanced security. | Utilizes SSL encryption, 2FA, and negative balance protection along with segregated client accounts to ensure fund safety. |
| Order Execution Speed | Uses Straight Through Processing (STP) for faster execution, ensuring minimal delays and slippage. | Offers rapid execution speeds averaging 0.40 seconds per trade, with ECN execution available on certain accounts. |
| Advanced Order Types | Supports various order types, including market orders, limit orders, stop orders, and trailing stops; limited advanced features. | Offers a comprehensive range of order types, including one-click trading, market, limit, stop, trailing stop, and pending orders, with risk management tools integrated. |
| Scalping and Hedging Policies | Permits both scalping and hedging strategies without restrictions. | Allows scalping and hedging on most account types, with minimal limitations. |
| Account Base Currencies | Supports multiple base currencies including USD, EUR, GBP, AUD, and cryptocurrencies like BTC, ETH, USDT. | Offers a range of base currencies such as USD, EUR, GBP, AUD, CAD, and others; lacks cryptocurrency base currency support. |
| Partnership Programs | Features an affiliate and IB program with competitive revenue-sharing models and marketing support. | Provides a multi-level partnership program, including IB, affiliate, and regional representative opportunities with high commission rates. |
| API Trading | Offers Deriv API for custom trading solutions, allowing users to build bots and integrate with third-party tools. | Limited API trading support; primarily focuses on MetaTrader’s built-in capabilities for custom trading. |
| Stop Loss and Take Profit Tools | Provides stop loss, take profit, and trailing stop functionalities across all platforms. | Comprehensive risk management tools including stop loss, take profit, and trailing stop, with advanced risk calculators on the FBS platform. |
| Spread Betting Availability | Does not offer spread betting as a trading option. | Also does not support spread betting; focuses on CFDs and Forex trading. |
| VIP Account Options | Lacks dedicated VIP accounts but offers tighter spreads and higher leverage on select accounts. | Features VIP-like benefits for higher deposit accounts, including personal account managers and reduced commission rates. |
| Algo Trading Support | Comprehensive support for algorithmic trading with Dbot and integration with MetaTrader’s MQL5. | Provides robust support for algo trading through MetaTrader 4 and 5, including Expert Advisors (EAs) and VPS services. |
| Affiliate Marketing Tools | Offers banners, tracking links, and in-depth analytics for affiliates to monitor performance. | Extensive affiliate tools, including landing pages, banners, multi-tier tracking, and high CPA payouts. |
| VPS Hosting | Lacks internal VPS services but supports external VPS integration for uninterrupted trading. | Provides free VPS for qualifying traders to support automated trading strategies. |
| Regional Restrictions | Prohibited in countries including the USA, Canada, Hong Kong, Israel, and several others. | Restricted in the USA, EU, UK, Japan, Israel, and certain other jurisdictions. |
| News and Market Insights | Limited in-house news and market analysis; relies on external sources for comprehensive insights. | Offers daily news, in-depth analysis, and a detailed economic calendar directly on the platform. |
| Community Support and Forums | Maintains active community forums and a knowledge base for user support and shared strategies. | Lacks an official community forum but provides a comprehensive FAQ and responsive customer support. |
| Rebate Programs | Occasionally offers rebate programs for high-volume traders. | Features consistent rebate programs for partners and traders based on trading volumes. |
| Tax Reporting Tools | Provides basic tax reporting features; users may need third-party solutions for detailed reporting. | Offers tax reporting support with detailed transaction histories and downloadable statements. |
| Sustainable and Ethical Trading Initiatives | Limited focus on sustainable trading practices or ESG (Environmental, Social, and Governance) investments. | Occasionally promotes ESG-related content but lacks dedicated sustainable investment options. |
| Innovation and Technology Adoption | Actively develops proprietary platforms like DTrader and Deriv Go with a focus on user-friendly technology. | Leverages MetaTrader’s ecosystem and proprietary apps but less focused on proprietary platform innovation. |
| Micro Lot Trading | Supports micro lot trading (0.01 lots), making it suitable for beginner traders and those with small capital. | Offers micro lot trading across various account types, including the Cent account for beginners. |
| PAMM/MAM Accounts | Does not offer PAMM (Percent Allocation Management Module) or MAM (Multi-Account Manager) services. | Provides PAMM and MAM account options for money managers and investors. |
| Market Depth | Lacks a detailed market depth feature; primarily offers standard level II quotes on MetaTrader 5. | Offers market depth view on MetaTrader 5, enabling traders to assess liquidity and order flow. |
| Interest on Unused Funds | Does not pay interest on idle account balances. | Also does not offer interest on unused funds. |
| Trade Execution Policy | Uses Straight Through Processing (STP) with no dealing desk intervention, reducing conflict of interest. | Utilizes ECN execution for certain accounts and STP for others, minimizing re-quotes and delays. |
| Swap Fees | Swap fees apply for overnight positions on non-Islamic accounts; swap-free options available for Islamic accounts. | Charges swap fees for overnight positions but offers swap-free Islamic accounts. |
| Integration with Third-Party Tools | Supports integration with TradingView, cTrader, and third-party bots via API. | Limited integration with third-party tools; focuses primarily on MetaTrader plugins and EAs. |
| Seasonal Promotions | Rarely offers seasonal promotions; focuses on competitive spreads and commissions instead. | Frequently hosts seasonal promotions, deposit bonuses, and trading contests. |
| Corporate Accounts | Does not explicitly offer corporate accounts; primarily focuses on individual traders. | Provides corporate accounts with tailored solutions for business entities. |
| ICO and STO Trading | Does not support Initial Coin Offering (ICO) or Security Token Offering (STO) trading. | Also does not offer ICO or STO trading; focuses on traditional CFDs and Forex. |
| Copy Portfolio Options | Lacks dedicated copy portfolio options; focuses on individual asset copy trading through cTrader Copy. | Does not offer dedicated copy portfolios but supports individual trade copying through the FBS CopyTrade app. |
| Withdrawal Processing Time | Typically processes withdrawals within 1–3 business days, depending on the method used. | Processes most withdrawals within 24 hours, with some methods taking up to 48 hours. |
| Insurance on Client Funds | No explicit insurance on client funds; relies on regulatory protection standards. | Does not offer insurance on funds but complies with regulatory requirements for client fund protection. |
| Funding in Cryptocurrencies | Supports funding and withdrawals in Bitcoin, Ethereum, Litecoin, Tether, and other cryptocurrencies. | Lacks direct support for cryptocurrency funding and withdrawals; primarily supports fiat currencies. |
| Guaranteed Stop Loss | Does not offer guaranteed stop loss; standard stop loss orders available. | Does not provide guaranteed stop loss; standard stop loss and trailing stop available. |
| Trading Hours | 24/7 trading available for synthetic indices; other markets follow standard trading hours. | Follows standard market trading hours with extended hours for certain assets. |
| Margin Call Level | Typically set at 100%, with stop-out levels around 50% depending on the account type. | Margin call levels vary between 40% to 60% depending on the account type, with stop-out levels around 20%. |
| Slippage Policy | Implements a no re-quote policy but slippage may occur during high volatility. | Also has a no re-quote policy; slippage is possible during volatile market conditions. |
| Trading Central Integration | Does not integrate with Trading Central for analytics and signals. | Offers Trading Central integration, providing technical analysis, market sentiment, and trading signals. |
| Loyalty Programs | Does not have a formal loyalty program for traders. | Features a loyalty program with points that can be exchanged for cash and gifts. |
| Cross-Platform Compatibility | Offers seamless cross-platform compatibility between web, desktop, and mobile versions of DTrader and MetaTrader. | Supports MetaTrader 4 and 5 across desktop, web, and mobile with synchronized account access. |
| Sentiment Analysis Tools | Lacks built-in sentiment analysis tools; relies on third-party integrations. | Provides sentiment indicators as part of its research and analytics package. |
| Account Verification Time | Typically completes account verification within 24–48 hours if documents are in order. | Verifies accounts usually within 24 hours, depending on the volume of requests. |
| Trading Community Support | Has an active online community and support forums for strategy sharing and peer support. | Lacks an official community forum but compensates with comprehensive customer support and social media presence. |
| Spread Comparison Tools | Does not offer internal spread comparison tools; relies on external resources. | Provides spread comparison and cost analysis tools on its platform. |
| Time in Force (TIF) Options | Offers limited TIF options, primarily focusing on GTC (Good Till Canceled) and FOK (Fill or Kill). | Provides a broader range of TIF options including IOC (Immediate or Cancel) and GTC. |
| Early Position Closure | Allows early closure of positions across most assets, especially for binary and digital options. | Supports early position closure for Forex and CFD trades but lacks for other instruments. |
| Synthetic Markets | Specializes in synthetic indices with 24/7 trading availability, offering unique assets like Volatility Index and Crash/Boom indices. | Does not offer synthetic indices; focuses on traditional Forex and CFD markets. |
| Multi-Language Support | Supports multiple languages on its platform including English, Spanish, Chinese, and more. | Offers extensive multi-language support, covering over 20 languages on its website and platforms. |
| Geographic Reach | Operates in over 100 countries but is restricted in the USA, Canada, EU, and a few others. | Also serves clients in over 100 countries but faces restrictions in the USA, EU, UK, and other jurisdictions. |
| Charting and Indicators | Provides advanced charting tools with multiple timeframes and over 90 indicators on DTrader and MetaTrader. | Offers comprehensive charting capabilities on MetaTrader 4 and 5 with hundreds of technical indicators. |
| Privacy Policy and Data Protection | Complies with GDPR standards and implements strict data protection policies. | Adheres to GDPR and other data protection regulations, ensuring client data security. |
| Volatility Protection Tools | Lacks dedicated volatility protection tools; primarily relies on stop loss and limit orders. | Offers volatility protection settings to manage risks during high market volatility. |
Deriv offers diverse platforms, lower spreads, and crypto funding, focusing on synthetic indices. FBS excels in promotions, educational resources, and higher leverage options.