Deriv vs FXGT.com Comparison & Reviews

FeatureDerivFXGT.com
RegulationLicensed by multiple authorities including the Malta Financial Services Authority, Labuan Financial Services Authority, British Virgin Islands Financial Services Commission, Vanuatu Financial Services Commission, and the Financial Services Commission in Mauritius.Regulated by CySEC, FSA, and FSCA.
Trading PlatformsOffers proprietary platforms such as Deriv Trader and Deriv MT5.Provides MetaTrader 4 and MetaTrader 5 platforms.
Minimum DepositNot specified.$5.
LeverageUp to 1:1000.Up to 1:1000.
Tradable InstrumentsOver 270 instruments including forex pairs, commodities, indices, cryptocurrencies, share CFDs, ETFs, and unique derived indices.117 tradable symbols including 53 forex pairs and a selection of cryptocurrencies.
SpreadsFloating spreads starting from 0.5 pips; for example, EUR/USD spread is approximately 0.4 pips.Minimum spreads from 0.5 pips; specific average spreads not disclosed.
CommissionCommission-free trading.Commission-free on Pro accounts; other account types may have commissions (e.g., $6 per round lot for forex).
Swap-Free OptionsOffers swap-free accounts.Provides swap-free trading on certain instruments for the first six days.
Deposit & Withdrawal MethodsNot specified.Supports bank wires, credit/debit cards, Skrill, Neteller, and various cryptocurrencies.
Customer Support24/7 multilingual support via live chat.24/7 multilingual support via email and live chat.
Educational ResourcesLimited information available.Offers five eBooks; lacks comprehensive educational materials.
Unique FeaturesProvides unique derived indices and multipliers for diversified trading opportunities.Offers various bonuses and promotions; free VPS hosting for accounts meeting certain criteria.
Account TypesStandard, Financial STP, and Synthetic accounts.Mini, Standard+, Pro, ECN, and CryptoMax accounts.
Demo AccountYes, unlimited use with virtual funds.Yes, unlimited use with virtual funds.
Copy TradingNo built-in copy trading feature.Offers copy trading through MetaTrader platforms.
Social TradingNot available.Available through external platforms.
Algorithmic TradingSupported via DTrader Bots and MT5 automated strategies.Supported via MetaTrader Expert Advisors (EAs).
Mobile AppYes, Deriv GO for mobile trading.Yes, FXGT.com mobile app for trading and account management.
Bonuses & PromotionsLimited promotions; occasional offers on specific accounts.Frequent promotions including welcome bonuses, deposit bonuses, and trading incentives.
Execution SpeedFast execution, typically under 50ms.Ultra-low latency execution with advanced trading servers.
Negative Balance ProtectionYes, prevents accounts from going into negative balance.Yes, full negative balance protection.
Hedging & ScalpingAllowed on all account types.Allowed on Pro and ECN accounts.
Trading FeesLow spreads with no hidden fees.Competitive spreads with some commissions on ECN accounts.
Market Orders & Execution TypesMarket execution, limit orders, stop orders, and trailing stops.Market execution, limit orders, stop orders, trailing stops, and one-click trading.
Trading RestrictionsNone for most accounts; some limits on derived indices.Certain trading conditions apply to bonuses and promotions.
Supported LanguagesEnglish, Spanish, French, Portuguese, Russian, Chinese, and more.English, Japanese, Thai, Vietnamese, Arabic, and more.
VPS HostingNo built-in VPS service.Free VPS for active traders meeting volume criteria.
Order Execution ModelMarket execution with STP (Straight Through Processing) and synthetic indices.Market execution, ECN (Electronic Communication Network) for certain accounts.
Market Depth VisibilityNot explicitly provided.Available on MetaTrader 5 for certain accounts.
Asset ClassesForex, cryptocurrencies, commodities, indices, synthetic indices, ETFs, and stock CFDs.Forex, cryptocurrencies, indices, stocks, metals, energies, and synthetic instruments.
Custom Trading ToolsDeriv Bot for automated strategies, multipliers for risk-adjusted trading.Custom MT4/MT5 indicators, copy trading features, and bonus trading options.
Deposit Processing TimeInstant for most methods.Instant for most methods, except bank transfers (which can take 1-3 days).
Withdrawal Processing TimeVaries based on method, usually within 24 hours.Typically processed within 24 hours, but some methods take up to 3 days.
Withdrawal FeesGenerally no fees on most methods.No fees for most withdrawals, except for certain bank transfers.
Cryptocurrency SupportSupports deposits, withdrawals, and trading in multiple cryptocurrencies.Supports deposits, withdrawals, and trading in cryptocurrencies like BTC, ETH, USDT, and more.
Fiat Currency SupportAccepts multiple fiat currencies, including USD, EUR, GBP, and others.Accepts major fiat currencies, including USD, EUR, JPY, and more.
Islamic Account (Swap-Free)Available for Muslim traders.Available, but swap-free conditions apply for a limited time.
Margin Call & Stop-Out LevelsMargin call at 100%, stop-out at 50% (may vary by account type).Margin call at 70%, stop-out at 40% (may vary by account type).
Risk Management FeaturesTake profit, stop loss, trailing stop, guaranteed stop-loss.Take profit, stop loss, trailing stop, and risk-free trading promotions.
Security & Fund ProtectionSegregated client funds, regulatory compliance.Segregated client funds, negative balance protection, regulatory oversight.
Loyalty Programs & RewardsLimited or no loyalty program.Bonus programs, loyalty rewards, and occasional competitions.
Multi-Account Management (MAM/PAMM)No multi-account management.MAM/PAMM accounts available for money managers.
API TradingAvailable via Deriv API for algorithmic trading.API access for institutional and high-volume traders.
Spreads on Major Pairs (EUR/USD, GBP/USD, etc.)Typically starts from 0.4 pips (floating spreads).Typically starts from 0.5 pips (floating spreads).
Max Open Positions & Pending OrdersNo official limits mentioned.Limits depend on account type and leverage used.
Customer Support ChannelsLive chat, email support, knowledge base, community forums.Live chat, email support, phone support (depending on region).
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Deriv offers unique synthetic indices, custom trading tools, and a proprietary platform, while FXGT.com provides multiple account types, copy trading, and frequent promotions. Both brokers offer high leverage, competitive spreads, and strong security features.