Deriv vs FP Markets Comparison & Reviews

FeatureDerivFP Markets
Founded19992005
RegulationMFSA, FSC, VFSCASIC, CySEC, FSCA
Trading PlatformsDTrader, MT5, Binary WebTrader, SmartTraderMT4, MT5, Iress
Assets OfferedForex, Indices, Commodities, Synthetic Indices, CryptocurrenciesForex, Indices, Commodities, Shares, Cryptocurrencies
LeverageUp to 1:1000Up to 1:500 (ASIC) / 1:30 (CySEC)
Minimum Deposit$5$50
SpreadsVariable, starting from 0.5 pipsVariable, starting from 0.0 pips
CommissionNo commission for most accountsCommission-based on Raw and Iress accounts
Deposit MethodsBank Transfer, Credit/Debit Card, E-wallets, CryptocurrenciesBank Transfer, Credit/Debit Card, E-wallets, Cryptocurrencies
Withdrawal MethodsBank Transfer, Credit/Debit Card, E-wallets, CryptocurrenciesBank Transfer, Credit/Debit Card, E-wallets, Cryptocurrencies
Deposit and Withdrawal FeesNo fees for most methodsNo fees for most methods
Execution TypeMarket ExecutionECN and STP
Account TypesStandard, Financial STP, SyntheticStandard, Raw, Iress
Islamic AccountsAvailableAvailable
Demo AccountsYes, unlimitedYes, unlimited
Education and ResourcesTutorials, Webinars, ArticlesTutorials, Webinars, Articles, Market Analysis
Research ToolsCharting Tools, Technical AnalysisAutochartist, Trading Central, VPS
Customer Support24/7, Live Chat, Email24/5, Live Chat, Email, Phone
Trading FeesLow, no hidden feesLow to Medium, depends on account type
Social TradingNot AvailableAvailable via Myfxbook and Zulutrade
Copy TradingAvailable (via MT5)Available via Myfxbook and Zulutrade
Mobile TradingYes, via mobile apps for MT5 and Deriv GOYes, via MT4, MT5, and Iress apps
Automated TradingYes, via Dbot and MT5Yes, via MT4, MT5, and Iress
Bonus and PromotionsNo bonuses offeredOccasionally offers bonuses and promotions
LicensesVanuatu, Malta, British Virgin IslandsAustralia, Cyprus, South Africa
Trust ScoreHighHigh
Account Currencies SupportedUSD, EUR, GBP, AUD, CryptocurrenciesUSD, EUR, GBP, AUD, CAD, JPY, SGD, HKD, NZD, CHF
Micro Lot TradingAvailableAvailable
Hedging CapabilityEnabledEnabled
ScalpingPermittedPermitted
Stop-Loss and Take-ProfitSupported on all platformsSupported on all platforms
Trailing StopsAvailableAvailable
Slippage ControlOffered with certain order typesAvailable through order execution types
Negative Balance ProtectionEnabledEnabled
Spread BettingNot offeredNot offered
Inactivity FeesImposed after 12 months of inactivityImposed after 12 months of inactivity
Trading CompetitionsOccasionally heldNot a regular feature
API TradingAvailable via Deriv APIAvailable via FIX API
Risk Management ToolsStop-Loss, Take-Profit, Margin Call AlertsStop-Loss, Take-Profit, Margin Call Alerts
Market DepthAvailable on MT5Available on MT5 and Iress
Contract for Difference (CFD) TypesForex, Indices, Commodities, CryptocurrenciesForex, Indices, Commodities, Shares, Cryptocurrencies
Web-Based Trading PlatformAvailable via DTraderAvailable via WebTrader
One-Click TradingSupportedSupported
Tick ChartsAvailable on DTraderAvailable on MT4 and MT5
Order Types SupportedMarket, Limit, Stop, OCOMarket, Limit, Stop, Trailing Stop, OCO
Leverage AdjustmentAvailable on requestAvailable on request
Lot Size Range0.01 to 50 lots0.01 to 100 lots
Rebate ProgramsOccasionally availableAvailable for frequent traders
Partnership ProgramsAffiliate and IB ProgramsAffiliate, IB, and White Label Programs
Market Maker or ECN/STPMarket Maker and STPECN/STP
Daily AnalysisProvided via blog and emailProvided via daily reports and webinars
Trading Hours24/7 for synthetic indices, Market hours for others24/5 for forex, Market hours for other assets
Expert Advisors (EAs)Supported on MT5Supported on MT4 and MT5
Multi-Account Manager (MAM/PAMM)Not availableAvailable for professionals
Currency PairsOver 50 pairsOver 60 pairs
Swap-Free OptionsAvailable for Islamic accountsAvailable for Islamic accounts
Market News IntegrationIntegrated via platformIntegrated via MT4/MT5 and website
Economic CalendarAvailableAvailable
Custom IndicatorsSupported on MT5Supported on MT4, MT5, and Iress
Server LocationGlobal, including Europe and AsiaAustralia, Europe, Asia
Order Execution SpeedTypically below 0.5 secondsTypically below 0.3 seconds
Pending Order TypesBuy Stop, Sell Stop, Buy Limit, Sell LimitBuy Stop, Sell Stop, Buy Limit, Sell Limit
Social Media IntegrationLimited to blogs and YouTube channelsActive on Twitter, YouTube, Facebook, LinkedIn
Risk Warning CustomizationStandard warningsCustomizable warnings for professionals
Backtesting CapabilitiesAvailable on MT5 and via DbotAvailable on MT4, MT5, and Iress
Volatility IndicesOffers unique synthetic indicesNot offered
Direct Market Access (DMA)Not availableAvailable via Iress
Tick-by-Tick DataAvailable for synthetic indicesAvailable for selected assets
Automated SignalsAvailable via MT5 and DbotAvailable via Autochartist and Trading Central
Guaranteed Stop LossNot offeredNot offered
Harmonic Patterns DetectionSupported via indicatorsSupported via Autochartist
Trading Bot MarketplaceLimited to Dbot and MT5Not available
Account Security FeaturesTwo-factor authentication, SSL encryptionTwo-factor authentication, SSL encryption
Spread TypeFixed for synthetic indices, Variable for othersVariable (Raw and Standard accounts)
Security of FundsSegregated accounts, regulatory complianceSegregated accounts, regulatory compliance
Access to Central ClearingNot availableAvailable for Iress accounts
Custom Script SupportSupported on MT5Supported on MT4 and MT5
Order Book TransparencyLimited to synthetic indicesAvailable on Iress and MT5
Client CategorizationRetail and ProfessionalRetail, Professional, Institutional
Market Scanner ToolsLimited optionsAvailable via Trading Central
Position Size CalculatorAvailable via platformAvailable on website and platforms
Trade Insurance FeaturesNot availableNot available
Weekend TradingAvailable for synthetic indicesNot available
Sentiment Analysis ToolsLimited availabilityAvailable via MT4 plugins
Trading Rewards ProgramOccasionally offeredLoyalty program available for frequent traders
Portfolio ManagementLimited to MT5 MQL toolsAvailable via Iress
Cashback ProgramAvailable for high-volume tradersAvailable for Raw and Iress accounts
Microsecond Execution TimeNot supportedSupported on ECN accounts
Trading InsightsBlog-based analysis and tipsIn-depth analysis via webinars and reports
Spread Reduction ProgramNot availableAvailable for high-volume traders
Mobile Alerts and NotificationsAvailable via appsAvailable via apps
Auto Deleveraging (ADL)Not availableNot available
Funding via CryptocurrenciesSupported (Bitcoin, Ethereum, others)Supported (Bitcoin, Ethereum, others)
Deposit BonusNot offeredOccasionally offered
Cloud-Based VPSAvailable for high-volume tradersAvailable for high-volume traders
Stop-Out Level50%20% for Raw accounts, 50% for others
Requote PolicyNo requotesNo requotes
Margin Call Level100%100%
Cross MarginingNot availableAvailable for Iress accounts
Real-Time Data FeedsAvailableAvailable
Internal Transfer Between AccountsSupportedSupported
Latency TimeTypically around 200msTypically under 100ms
Fee TransparencyDetailed on websiteDetailed on website
Seasonal Pattern AnalysisLimitedAvailable via Trading Central
Trade Execution Venue DisclosureNot explicitly disclosedDisclosed for ECN and DMA accounts
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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.