Feature | Deriv | FOREX.com |
---|---|---|
Founded | 1999 | 2001 |
Regulation | Regulated by MFSA, VFSC, FSC, and other bodies | Regulated by CFTC, NFA, FCA, ASIC, FSA, IIROC |
Minimum Deposit | $5 | $100 |
Trading Platforms | DTrader, MetaTrader 5 (MT5), Deriv X, Deriv EZ | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Trader, Advanced Trading Platform |
Assets Available | Forex, Commodities, Synthetic Indices, Stocks, Cryptocurrencies | Forex, Commodities, Stocks, Indices, Cryptocurrencies |
Leverage | Up to 1:1000 (varies by asset and region) | Up to 1:200 (varies by region and asset) |
Spreads | Variable, starting from 0.1 pips | Variable, starting from 0.8 pips |
Commission | Zero commission on most accounts, some assets may incur fees | Zero commission on standard accounts, commission-based accounts available |
Order Execution | STP (Straight Through Processing) | Market Maker, STP, and ECN |
Account Types | Standard, Financial STP, Synthetic | Standard, Commission, DMA (Direct Market Access) |
Demo Account | Yes | Yes |
Deposit Methods | Credit/Debit Cards, Bank Transfers, E-wallets (Skrill, Neteller), Cryptocurrencies | Credit/Debit Cards, Bank Transfers, E-wallets (PayPal, Skrill), No crypto support |
Withdrawal Methods | Same as deposit methods | Same as deposit methods |
Fees on Deposits/Withdrawals | No fees for most methods | No fees for most methods |
Trading Instruments | 100+ instruments | 4,500+ instruments |
Mobile Trading | Mobile apps for Android and iOS | Mobile apps for Android and iOS |
Education and Resources | Limited tutorials, webinars, and guides | Extensive educational resources, webinars, and market analysis |
Research Tools | Basic technical analysis, economic calendar | Advanced research tools, integrated market analysis, trading signals |
Customer Support | 24/7 via live chat, email | 24/5 via live chat, phone, email |
Security and Encryption | SSL encryption, 2FA (Two-Factor Authentication) | SSL encryption, 2FA (Two-Factor Authentication) |
Social Trading | No | Yes (via MetaTrader and partnerships) |
Algorithmic Trading | Yes (via Dbot and MetaTrader 5) | Yes (via MetaTrader 4 and MetaTrader 5) |
Copy Trading | No | Yes (via MetaTrader platforms) |
Islamic Accounts | Yes | Yes |
Bonuses and Promotions | Occasional promotions, no deposit bonus sometimes | Limited, region-specific promotions |
Best For | Beginners and traders interested in synthetic indices | Advanced traders and those seeking a wide range of assets |
Headquarters | Malta | United States |
Trustpilot Rating | 4.0/5 | 3.9/5 |
Order Types Supported | Market, Limit, Stop, Stop-Limit, Trailing Stop, Good-Till-Cancelled | Market, Limit, Stop, Trailing Stop, One-Cancels-the-Other, Good-Till-Cancelled |
Charting Tools | 90+ indicators, Multiple chart types, Custom timeframes | 80+ indicators, Advanced charting with TradingView integration |
Execution Speed | Less than 0.5 seconds | Less than 0.1 seconds |
Trading Algorithms Support | Dbot (drag-and-drop bot creation), Python API | Expert Advisors (EAs) on MetaTrader, API trading |
Volatility Indices | Exclusive synthetic indices, 24/7 availability | Not available |
Trailing Stops Availability | Available on MT5 and Deriv X | Available on all platforms |
Risk Management Tools | Stop Loss, Take Profit, Negative Balance Protection | Guaranteed Stop Loss, Negative Balance Protection |
Account Currency Options | USD, EUR, GBP, Cryptocurrencies | USD, EUR, GBP, JPY, AUD, CAD, CHF |
Inactivity Fees | No inactivity fee | Inactivity fee after 12 months of no activity |
Scalping and Hedging | Permitted | Permitted |
Market Depth | Available on Deriv X and MT5 | Available on MT4, MT5, and Advanced Trading Platform |
API Access | Proprietary API for automated trading | REST API for trading automation |
Leverage Customization | Adjustable based on asset class and account type | Adjustable based on asset class and region |
Margin Requirements | Tiered margin system | Tiered margin system |
Affiliate Program | Multi-tier affiliate program with competitive commissions | Affiliate and introducing broker programs with revenue share |
Slippage Control | Custom slippage control options | Available with customizable settings |
News Feed Integration | Economic calendar, basic news feed | Dow Jones Newswire, Reuters, and integrated economic calendar |
Asset Classes Variety | High, including unique synthetic indices | High, with extensive forex pairs and CFDs |
Micro Lot Trading | Available | Available |
Position Sizing Flexibility | Flexible position sizes starting from micro lots | Flexible with micro lot support |
Overnight Swap Rates | Applicable based on asset and position | Applicable with transparent swap rates |
Advanced Order Management | Customizable order levels, partial fills | Advanced order types and management capabilities |
Currency Pairs Available | 50+ pairs | 80+ pairs |
Trading Hours | 24/7 for synthetic indices, 24/5 for other assets | 24/5 for all assets |
Supported Languages | 20+ languages | 15+ languages |
Volatility Protection | Features to manage slippage during high volatility | Volatility protection settings and guaranteed stops |
Spread Betting | Not available | Available for UK clients |
Professional Accounts | Features like higher leverage and priority support | Features like higher leverage, VPS access, and reduced spreads |
Custom Indicators | Supported via MT5 | Supported via MT4 and MT5 |
Platform Customization | High, with widget-based interfaces on Deriv X | High, with multiple layout and indicator options |
Community Support and Forums | Community forums and active Telegram groups | Community forums, ActiveTrader program, and webinars |
ESG (Environmental, Social, Governance) Focus | Limited information available | ESG-conscious investment options available |
Spread Type Options | Fixed and variable spreads | Variable spreads with commission-based options |
Deposit Processing Time | Instant for most methods | Instant for most methods, bank transfers may take 1-2 business days |
Withdrawal Processing Time | 1-2 business days | 1-3 business days |
Fee Transparency | Detailed fee breakdown on website | Transparent fee structures with detailed breakdowns |
Regulatory Deposit Protection | Segregated client funds in accordance with regulations | Segregated accounts, investor protection schemes in some regions |
Hedging Capability | Available on all account types | Available on all account types |
Volatility Alerts | Price alerts via email and platform notifications | Custom price alerts and volatility alerts |
VPS Hosting for Automated Trading | Free for high-volume traders | Free for high-volume traders |
Partial Close Orders | Supported | Supported |
Trading Competitions | Seasonal trading competitions with rewards | Occasional trading competitions |
Client Fund Security | Enhanced security with tier-1 banks | Enhanced security with tier-1 banks |
Custom Scripting Support | Custom indicators and scripts on MT5 | Custom indicators and scripts on MT4 and MT5 |
Fractional Shares Trading | Available | Available |
Crypto Trading Availability | 24/7 crypto trading with multiple pairs | Limited crypto trading hours |
Stop-Out Level | 50% margin level | 50% margin level |
Tick Charts and Range Bars | Available on Deriv X and MT5 | Available on MT4 and MT5 |
Regulatory Compliance Audits | Regular audits by regulatory bodies | Regular audits by multiple regulatory authorities |
Slippage and Requote Policy | No requotes, minimal slippage | No requotes, slippage management tools |
Investment Products | CFDs, options, synthetic indices | CFDs, options, futures |
Futures Trading | Limited to synthetic indices futures | Available on commodities and indices |
Commodities Range | Precious metals, energy, agricultural | Precious metals, energy, agricultural |
Market Sentiment Tools | Sentiment indicators on Deriv X | Market sentiment indicators on all platforms |
Guaranteed Stop-Loss Orders (GSLO) | Not available | Available with premium charge |
Rebate Programs | Volume-based rebate programs | ActiveTrader rebate program |
Integration with TradingView | Limited integration | Full integration with charting and trading capabilities |
One-Click Trading | Available on all platforms | Available on all platforms |
Web-Based Platform Access | Browser-based trading with DTrader and Deriv X | Web Trader with full functionalities |
Point-and-Figure Charts | Available on MT5 | Available on MT4 and MT5 |
Calendar Spreads for Futures | Not available | Available |
Multi-Currency Wallets | Available with crypto support | Limited to fiat currencies |
Interest on Unused Margin | Not provided | Not provided |
Trade Execution Transparency | Execution policy transparency with detailed reports | Detailed execution reports and slippage data |
Advanced Risk Analytics | Limited to margin and stop-loss calculators | Comprehensive risk management tools and analytics |
Mobile App Features | Customizable dashboards, alerts, and charting | Advanced charting, alerts, economic calendar |
Proprietary Platform Features | DTrader offers ladder trading, multipliers, and options | Advanced Trading Platform offers integrated analysis tools |
Funding and Withdrawal Limits | Low minimum limits for most methods | Higher minimums for bank transfers |
Fundamental Analysis Tools | Basic news feed and economic calendar | Advanced analysis, integrated news feed, and analyst recommendations |
Position Holding Time Limits | No restrictions | No restrictions |
Performance Analytics | Basic analytics through MT5 | Advanced analytics with trade history breakdown |
AI-Powered Insights | Not available | AI-based market insights on select platforms |
Interest Rate Differentials | Applicable for overnight positions | Applicable for overnight positions |
Pre-Market and After-Hours Trading | Not available | Available for select assets |
Risk Assessment Reports | Basic margin and exposure reports | Detailed risk assessment and exposure reports |
Slippage Metrics Display | Available on trade confirmations | Available on trade confirmations |
IP Whitelisting for Security | Available for API access | Available for API and platform access |
Deriv offers low-cost, flexible trading with unique synthetic indices, while FOREX.com provides extensive assets, advanced tools, and regulatory security for experienced traders.