| Feature | Deriv | FXOpen |
|---|---|---|
| Year Established | 1999 | 2003 |
| Regulation | FSC (British Virgin Islands), VFSC (Vanuatu), FSA (Malaysia), MFSA (Malta), The Financial Commission (Malta) | FCA (United Kingdom), ASIC (Australia), CySEC (Cyprus), The Financial Commission (Australia) |
| Minimum Deposit | $5 | $1 |
| Maximum Leverage | Up to 1:1000 | Up to 1:500 |
| Spread Type | Fixed | Floating |
| Trading Platforms | MetaTrader 5 (MT5), cTrader, Deriv X, Deriv Trader, DBot, Smart Trader | MetaTrader 4 (MT4), MT5, TradingView, TickTrader |
| Number of Markets | 100+ | 600+ |
| Tradable Instruments | Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies, ETFs, Options | Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies |
| Account Types | Real Account, Demo Account | Micro, STP, ECN, Crypto, Islamic Accounts |
| Automated Trading Support | Yes (via MT5, cTrader, DBot) | Yes (via MT4, MT5, TradingView, TickTrader) |
| Copy Trading | Yes (via MQL5 Signals, cTrader Copy) | Yes (via ZuluTrade, Myfxbook) |
| 24/7 Trading Availability | Yes (on specific markets) | No |
| Payment Methods | Bank Transfer, Credit/Debit Cards, Skrill, Neteller, WebMoney, Trustly, Perfect Money, FasaPay, Cryptocurrencies (e.g., Bitcoin, Ethereum, Litecoin, Tether), paysafecard, AdvCash, AstroPay, USD Coin (USDC) | Bank Transfer, Credit/Debit Cards, Skrill, Neteller, WebMoney, FasaPay, Cryptocurrencies (e.g., Bitcoin, Ethereum, Litecoin, Tether), Paypaid, Epay, Airtm, cashU, AdvCash |
| Commissions | No commissions for Forex, Stocks, Indices, or Metals | Commissions vary by account type and volume traded; for Forex, commissions range from $1.5 to $5 per standard lot per side |
| Educational Resources | Yes | Yes |
| Customer Support | 24/7 via online chat and email | 24/5 via phone, online chat, and email |
| Bonuses and Promotions | Not specified | Welcome bonuses, cashback programs, trading contests |
| Order Execution Speed | Milliseconds, STP execution with no dealing desk | Milliseconds, ECN/STP execution with no dealing desk |
| VPS Hosting | Available for active traders | Available, free for high-volume traders |
| Scalping | Permitted | Permitted |
| Hedging | Supported | Supported |
| Stop-Out Level | 50% | 20% - 50% depending on account type |
| Deposit Fees | None | None for most methods; some e-wallets may incur a fee |
| Withdrawal Fees | None for most methods; crypto withdrawals may incur network fees | Varies by method; typically free for bank transfers, charges for some e-wallets and crypto withdrawals |
| Swap-Free Accounts | Available upon request | Islamic accounts available |
| Social Trading Features | Integrated with cTrader Copy, MQL5 Signals | Integrated with ZuluTrade, Myfxbook Autotrade |
| API Trading | JSON-RPC API for custom solutions | FIX API, REST API for advanced trading setups |
| Market News and Analysis | Daily insights, in-app news feed | Comprehensive market analysis, news feed, and Trading Central |
| Risk Management Tools | Stop Loss, Take Profit, Negative Balance Protection | Stop Loss, Take Profit, Trailing Stop, Negative Balance Protection |
| Micro Lot Trading | Supported (0.01 lots) | Supported (0.01 lots) |
| Margin Call Level | 100% | 100% |
| Affiliate Programs | Multi-tier affiliate program | CPA, Revenue Share, and Hybrid models |
| Regulatory Compliance Transparency | Regular audits, compliance reports available | Regulated audits, financial statements publicly accessible |
| User Interface Customization | High, with multiple platform options | High, with customizable MT4, MT5, and TickTrader platforms |
| Languages Supported | 20+ languages including English, Spanish, French, German, Chinese, and Arabic | 15+ languages including English, Spanish, Russian, Chinese, and Arabic |
| Mobile Trading Apps | Available for Android and iOS with full trading capabilities | Available for Android and iOS with MT4, MT5, and TickTrader support |
| Regulation Compliance Warnings | Displays risk warnings prominently | Displays risk warnings prominently, compliance with regional requirements |
| Order Types Supported | Market, Limit, Stop, Stop Limit, OCO (One Cancels the Other) | Market, Limit, Stop, Stop Limit, OCO, Trailing Stop |
| Advanced Charting Tools | 90+ indicators, multiple chart types, custom scripts on MT5 and cTrader | 80+ indicators, 9 timeframes, advanced charting on MT4, MT5, and TickTrader |
| Investor Compensation Schemes | Applicable under certain regulations (e.g., MFSA) | Applicable under FCA, CySEC regulations |
| Tax Reporting Tools | Provides reports for tax compliance | Provides comprehensive tax reporting and statements |
| Order Execution Type | STP (Straight Through Processing), Market Execution | ECN (Electronic Communication Network), STP, Market Execution |
| Latency | Low latency, optimized for fast execution | Ultra-low latency, with ECN bridging for institutional-grade speed |
| Supported Timeframes | 1 minute to 1 month | 1 minute to 1 month, with custom timeframes on TickTrader |
| Expert Advisors (EAs) | Fully supported on MT5 and cTrader | Fully supported on MT4, MT5, and TickTrader |
| Security of Funds | Segregated accounts, SSL encryption | Segregated accounts, SSL encryption, DDoS protection |
| Trade Confirmations | Instant confirmations | Instant confirmations with ECN pricing |
| Client Fund Insurance | Compensation funds under specific regulators | Insurance under FCA and CySEC up to €20,000 |
| Slippage Control | Measures in place to minimize slippage | Advanced slippage control with ECN execution |
| Cryptocurrency Trading | 24/7 availability, high liquidity, 20+ pairs | 24/7 availability, deep liquidity, 40+ pairs |
| Indices Offered | Synthetic indices, major global indices | Major global indices, crypto indices |
| Account Verification Speed | 1-2 business days | 1-2 business days, faster for digital KYC methods |
| Requote Policy | No requotes | No requotes with ECN accounts |
| Leverage Adjustment | Flexible, depends on asset class | Flexible, depends on account type and jurisdiction |
| Tick Chart Trading | Supported on Deriv X and cTrader | Supported on TickTrader |
| Cashback Programs | Volume-based rebates | Cashback based on volume and loyalty tiers |
| API Documentation Quality | Detailed with examples and SDKs | Comprehensive with REST and FIX API guides |
| Volatility Protection Settings | Advanced settings for synthetic indices | Adjustable settings for high-impact news events |
| Fixed Income Products | Not available | PAMM accounts for fixed returns |
| Trading Signals Integration | MQL5 signals, third-party plugins | MQL5 signals, ZuluTrade, Myfxbook signals |
| News Trading | Permitted, with no restrictions | Permitted, optimized for fast execution |
| Trailing Stop Orders | Supported on MT5 and cTrader | Supported on MT4, MT5, TickTrader |
| Tick History Availability | Available for synthetic indices | Available for all assets via TickTrader |
| Guaranteed Stop Loss | Not offered | Not offered, but advanced risk management available |
| Leverage Restrictions for Crypto | Capped at 1:50 | Capped at 1:20 for compliance with regulations |
| Weekend Trading | Available for synthetic indices and cryptocurrencies | Available for cryptocurrencies only |
| Arbitrage Trading | Permitted with restrictions | Permitted on ECN accounts |
| Market Depth Information | Level II data available on cTrader | Full market depth on ECN accounts |
| Trading Competitions | Regular contests with cash prizes | Frequent contests, demo and real accounts supported |
| Currency Pairs Offered | 50+ including minors and exotics | 70+ including minors and exotics |
| Tick Scalping | Supported | Supported, especially on ECN accounts |
| Rebate Levels | Multi-tier system for high-volume traders | Scaled rebates based on volume and loyalty status |
| Demo Account Expiry | No expiry | No expiry for MT4 and MT5, limited for TickTrader |
| Custom Indicator Support | Supported on MT5 and cTrader | Supported on MT4, MT5, and TickTrader |
| Algorithmic Trading | Supported with Python and MQL5 scripts | Supported with MQL4, MQL5, and REST API integrations |
| Fee Transparency | Detailed breakdown of spreads and commissions | Transparent fee structure with no hidden charges |
| Withdrawal Processing Time | Instant for e-wallets, 1-3 days for bank transfers | Instant for e-wallets, 1-5 days for bank transfers |
Deriv offers a broader range of trading platforms and synthetic indices, while FXOpen provides deeper liquidity, ECN accounts, and extensive regulatory compliance. Both brokers cater to different trader profiles with their unique features.