Feature | Deriv | FP Markets |
---|---|---|
Founded | 1999 | 2005 |
Regulation | MFSA, FSC, VFSC | ASIC, CySEC, FSCA |
Trading Platforms | DTrader, MT5, Binary WebTrader, SmartTrader | MT4, MT5, Iress |
Assets Offered | Forex, Indices, Commodities, Synthetic Indices, Cryptocurrencies | Forex, Indices, Commodities, Shares, Cryptocurrencies |
Leverage | Up to 1:1000 | Up to 1:500 (ASIC) / 1:30 (CySEC) |
Minimum Deposit | $5 | $50 |
Spreads | Variable, starting from 0.5 pips | Variable, starting from 0.0 pips |
Commission | No commission for most accounts | Commission-based on Raw and Iress accounts |
Deposit Methods | Bank Transfer, Credit/Debit Card, E-wallets, Cryptocurrencies | Bank Transfer, Credit/Debit Card, E-wallets, Cryptocurrencies |
Withdrawal Methods | Bank Transfer, Credit/Debit Card, E-wallets, Cryptocurrencies | Bank Transfer, Credit/Debit Card, E-wallets, Cryptocurrencies |
Deposit and Withdrawal Fees | No fees for most methods | No fees for most methods |
Execution Type | Market Execution | ECN and STP |
Account Types | Standard, Financial STP, Synthetic | Standard, Raw, Iress |
Islamic Accounts | Available | Available |
Demo Accounts | Yes, unlimited | Yes, unlimited |
Education and Resources | Tutorials, Webinars, Articles | Tutorials, Webinars, Articles, Market Analysis |
Research Tools | Charting Tools, Technical Analysis | Autochartist, Trading Central, VPS |
Customer Support | 24/7, Live Chat, Email | 24/5, Live Chat, Email, Phone |
Trading Fees | Low, no hidden fees | Low to Medium, depends on account type |
Social Trading | Not Available | Available via Myfxbook and Zulutrade |
Copy Trading | Available (via MT5) | Available via Myfxbook and Zulutrade |
Mobile Trading | Yes, via mobile apps for MT5 and Deriv GO | Yes, via MT4, MT5, and Iress apps |
Automated Trading | Yes, via Dbot and MT5 | Yes, via MT4, MT5, and Iress |
Bonus and Promotions | No bonuses offered | Occasionally offers bonuses and promotions |
Licenses | Vanuatu, Malta, British Virgin Islands | Australia, Cyprus, South Africa |
Trust Score | High | High |
Account Currencies Supported | USD, EUR, GBP, AUD, Cryptocurrencies | USD, EUR, GBP, AUD, CAD, JPY, SGD, HKD, NZD, CHF |
Micro Lot Trading | Available | Available |
Hedging Capability | Enabled | Enabled |
Scalping | Permitted | Permitted |
Stop-Loss and Take-Profit | Supported on all platforms | Supported on all platforms |
Trailing Stops | Available | Available |
Slippage Control | Offered with certain order types | Available through order execution types |
Negative Balance Protection | Enabled | Enabled |
Spread Betting | Not offered | Not offered |
Inactivity Fees | Imposed after 12 months of inactivity | Imposed after 12 months of inactivity |
Trading Competitions | Occasionally held | Not a regular feature |
API Trading | Available via Deriv API | Available via FIX API |
Risk Management Tools | Stop-Loss, Take-Profit, Margin Call Alerts | Stop-Loss, Take-Profit, Margin Call Alerts |
Market Depth | Available on MT5 | Available on MT5 and Iress |
Contract for Difference (CFD) Types | Forex, Indices, Commodities, Cryptocurrencies | Forex, Indices, Commodities, Shares, Cryptocurrencies |
Web-Based Trading Platform | Available via DTrader | Available via WebTrader |
One-Click Trading | Supported | Supported |
Tick Charts | Available on DTrader | Available on MT4 and MT5 |
Order Types Supported | Market, Limit, Stop, OCO | Market, Limit, Stop, Trailing Stop, OCO |
Leverage Adjustment | Available on request | Available on request |
Lot Size Range | 0.01 to 50 lots | 0.01 to 100 lots |
Rebate Programs | Occasionally available | Available for frequent traders |
Partnership Programs | Affiliate and IB Programs | Affiliate, IB, and White Label Programs |
Market Maker or ECN/STP | Market Maker and STP | ECN/STP |
Daily Analysis | Provided via blog and email | Provided via daily reports and webinars |
Trading Hours | 24/7 for synthetic indices, Market hours for others | 24/5 for forex, Market hours for other assets |
Expert Advisors (EAs) | Supported on MT5 | Supported on MT4 and MT5 |
Multi-Account Manager (MAM/PAMM) | Not available | Available for professionals |
Currency Pairs | Over 50 pairs | Over 60 pairs |
Swap-Free Options | Available for Islamic accounts | Available for Islamic accounts |
Market News Integration | Integrated via platform | Integrated via MT4/MT5 and website |
Economic Calendar | Available | Available |
Custom Indicators | Supported on MT5 | Supported on MT4, MT5, and Iress |
Server Location | Global, including Europe and Asia | Australia, Europe, Asia |
Order Execution Speed | Typically below 0.5 seconds | Typically below 0.3 seconds |
Pending Order Types | Buy Stop, Sell Stop, Buy Limit, Sell Limit | Buy Stop, Sell Stop, Buy Limit, Sell Limit |
Social Media Integration | Limited to blogs and YouTube channels | Active on Twitter, YouTube, Facebook, LinkedIn |
Risk Warning Customization | Standard warnings | Customizable warnings for professionals |
Backtesting Capabilities | Available on MT5 and via Dbot | Available on MT4, MT5, and Iress |
Volatility Indices | Offers unique synthetic indices | Not offered |
Direct Market Access (DMA) | Not available | Available via Iress |
Tick-by-Tick Data | Available for synthetic indices | Available for selected assets |
Automated Signals | Available via MT5 and Dbot | Available via Autochartist and Trading Central |
Guaranteed Stop Loss | Not offered | Not offered |
Harmonic Patterns Detection | Supported via indicators | Supported via Autochartist |
Trading Bot Marketplace | Limited to Dbot and MT5 | Not available |
Account Security Features | Two-factor authentication, SSL encryption | Two-factor authentication, SSL encryption |
Spread Type | Fixed for synthetic indices, Variable for others | Variable (Raw and Standard accounts) |
Security of Funds | Segregated accounts, regulatory compliance | Segregated accounts, regulatory compliance |
Access to Central Clearing | Not available | Available for Iress accounts |
Custom Script Support | Supported on MT5 | Supported on MT4 and MT5 |
Order Book Transparency | Limited to synthetic indices | Available on Iress and MT5 |
Client Categorization | Retail and Professional | Retail, Professional, Institutional |
Market Scanner Tools | Limited options | Available via Trading Central |
Position Size Calculator | Available via platform | Available on website and platforms |
Trade Insurance Features | Not available | Not available |
Weekend Trading | Available for synthetic indices | Not available |
Sentiment Analysis Tools | Limited availability | Available via MT4 plugins |
Trading Rewards Program | Occasionally offered | Loyalty program available for frequent traders |
Portfolio Management | Limited to MT5 MQL tools | Available via Iress |
Cashback Program | Available for high-volume traders | Available for Raw and Iress accounts |
Microsecond Execution Time | Not supported | Supported on ECN accounts |
Trading Insights | Blog-based analysis and tips | In-depth analysis via webinars and reports |
Spread Reduction Program | Not available | Available for high-volume traders |
Mobile Alerts and Notifications | Available via apps | Available via apps |
Auto Deleveraging (ADL) | Not available | Not available |
Funding via Cryptocurrencies | Supported (Bitcoin, Ethereum, others) | Supported (Bitcoin, Ethereum, others) |
Deposit Bonus | Not offered | Occasionally offered |
Cloud-Based VPS | Available for high-volume traders | Available for high-volume traders |
Stop-Out Level | 50% | 20% for Raw accounts, 50% for others |
Requote Policy | No requotes | No requotes |
Margin Call Level | 100% | 100% |
Cross Margining | Not available | Available for Iress accounts |
Real-Time Data Feeds | Available | Available |
Internal Transfer Between Accounts | Supported | Supported |
Latency Time | Typically around 200ms | Typically under 100ms |
Fee Transparency | Detailed on website | Detailed on website |
Seasonal Pattern Analysis | Limited | Available via Trading Central |
Trade Execution Venue Disclosure | Not explicitly disclosed | Disclosed for ECN and DMA accounts |
Deriv and FP Markets offer a wide range of trading features with key differences in platforms, fees, and specialized tools, catering to different trader preferences and experience levels.