Deriv vs FXPro Comparison & Reviews

FeatureDerivFXPro
Year Established19992006
RegulationRegulated by MFSA, VFSC, FSC, Labuan FSARegulated by FCA, CySEC, FSCA, SCB
Trading PlatformsDTrader, Deriv MT5 (MetaTrader 5), Deriv X, Deriv GO, Binary BotMetaTrader 4, MetaTrader 5, cTrader, FXPro Edge
Account TypesStandard, Financial STP, Synthetic IndicesMT4 Instant, MT4 Market, MT5, cTrader, Edge
LeverageUp to 1:1000Up to 1:500
Minimum Deposit$5$100
Spread TypesFixed, VariableVariable
SpreadsFrom 0.5 pipsFrom 0.6 pips
CommissionZero commission on most accountsCommission-free and commission-based options
Trading InstrumentsForex, Commodities, Synthetic Indices, Cryptocurrencies, Stocks, CFDsForex, Commodities, Indices, Shares, Futures, Cryptocurrencies
Cryptocurrency TradingYesYes
Deposit MethodsCredit/Debit Cards, E-wallets, Bank Transfer, CryptocurrenciesCredit/Debit Cards, E-wallets, Bank Transfer, Cryptocurrencies
Withdrawal MethodsCredit/Debit Cards, E-wallets, Bank Transfer, CryptocurrenciesCredit/Debit Cards, E-wallets, Bank Transfer, Cryptocurrencies
Execution TypeMarket ExecutionMarket Execution, Instant Execution
Copy TradingNoYes (through third-party platforms)
Education ResourcesBasic tutorials, Blog, WebinarsIn-depth education, Webinars, Tutorials, Market Analysis
Demo AccountYesYes
Islamic AccountYesYes
Customer Support24/7 Live Chat, Email, Phone24/5 Live Chat, Email, Phone
Mobile TradingYes (via Deriv GO and MT5)Yes (via MT4, MT5, cTrader, FXPro Edge)
Bonuses and PromotionsNoOccasionally, depending on region
Social TradingNoYes (via third-party platforms)
Negative Balance ProtectionYesYes
Algo TradingYes (via Binary Bot and MT5)Yes (via MT4, MT5, cTrader)
API AccessYes (Deriv API)Yes (FXPro API)
Trading FeesLow, primarily spread-basedMedium, spread and commission-based
Scalping and HedgingAllowedAllowed
Regulatory ProtectionModerateHigh
Overall ReputationGoodExcellent
Best ForBeginners, Synthetic Index TradersExperienced Traders, Institutional Clients
Base Currencies SupportedUSD, EUR, GBP, AUD, BTC, ETH, LTCUSD, EUR, GBP, CHF, JPY, AUD, PLN, ZAR
Order TypesMarket Orders, Limit Orders, Stop Orders, One-Click TradingMarket Orders, Limit Orders, Stop Orders, Trailing Stop, One-Cancels-Other (OCO)
Micro LotsAvailableAvailable
Fractional Pips5-digit pricing5-digit pricing
Custom IndicatorsSupported on MT5Supported on MT4, MT5, cTrader
Risk Management ToolsStop Loss, Take Profit, Margin Call AlertsStop Loss, Take Profit, Trailing Stop, Margin Call Alerts
Advanced ChartingMulti-chart layouts, Technical Indicators, Drawing ToolsAdvanced Technical Indicators, Chart Trading, Custom Timeframes
News Feed IntegrationEconomic Calendar, Basic News FeedIn-depth Market News, Dow Jones News, Economic Calendar
AutochartistNot integratedIntegrated
Sentiment Analysis ToolsLimitedComprehensive
Interest on MarginNo interestNo interest
Swap-Free OptionsOffered on Islamic AccountsOffered on Islamic Accounts
Affiliate ProgramCommission-based, Revenue Share ModelMulti-tier Commission-based, Revenue Share Model
PAMM/MAM AccountsNot supportedSupported
VPS HostingAvailable for MT5Free VPS for qualifying accounts
Maximum Trade Size30 lots per trade100 lots per trade
Execution Speed0.5 seconds average0.1 seconds average
Order SlippageMinimalMinimal
Guaranteed Stop LossNot availableAvailable
Interest on Unused FundsNot providedNot provided
Custom ScriptingMQL5 for MT5, JavaScript for Binary BotsMQL4, MQL5, cAlgo C#
Trading SignalsLimited to MT5Integrated via MT4, MT5, cTrader
Commission on Crypto TradingSpread-basedSpread-based or Commission-based depending on account type
Partnership ProgramIB program, Affiliate programIB program, Affiliate program, Asset Manager program
Trading CompetitionsOccasionally organizedRegularly organized for demo and live accounts
Cashback or RebatesAvailable through promotionsAvailable through IB and loyalty programs
Slippage ControlBasicAdvanced
Mobile App FeaturesCustom indicators, Alerts, One-click tradingAdvanced charting, Alerts, One-click trading, Custom indicators
Platform CustomizationHigh (especially with Binary Bot and MT5)High (MT4, MT5, cTrader customization)
Cloud-Based TradingBinary Bot and WebTradercTrader Copy, FXPro Edge
Languages Supported20+ languages30+ languages
Geographic RestrictionsRestricted in the USA, Canada, Hong Kong, IsraelRestricted in the USA, Iran, Canada, North Korea
Leverage Restrictions for Retail Clients1:30 for EU clients1:30 for EU and UK clients
Inactivity FeesCharged after 12 months of inactivityCharged after 12 months of inactivity
Requote PolicyNo requotesNo requotes
API Documentation QualityDetailed with SDK and examplesComprehensive with SDK and examples
Security MeasuresSSL encryption, Two-factor authentication (2FA)SSL encryption, Two-factor authentication (2FA), Segregated accounts
Parent CompanyRegent Markets GroupFXPro Group Limited
Account Currency Conversion FeesLow, depends on payment methodMedium, applied on deposits and withdrawals
Stop Out Level50%30% for MT4, 50% for MT5, 50% for cTrader
Margin Call Level100%100%
Expert Advisors (EAs)Supported on MT5Supported on MT4, MT5
Hotkeys and ShortcutsAvailable on MT5 and WebTraderAvailable on MT4, MT5, cTrader
Scalping RestrictionsNo restrictionsNo restrictions
Price AlertsCustom alerts on MT5, Web notificationsCustom alerts on all platforms
Tick Data AvailabilityLimited, available for Synthetic IndicesComprehensive tick data available
Trading Hours24/7 for Synthetic Indices, Market hours for others24/5 for most instruments, Crypto trading 24/7
Slippage ReportsNot providedDetailed slippage reports available
Commission on Indices TradingSpread-basedSpread-based or Commission-based depending on account type
Spreads on CryptosFrom 0.5%From 0.3%
Trading AnalyticsBasic analytics toolsAdvanced analytics including sentiment and volume analysis
Volume DiscountsAvailable for high-volume tradersAvailable for high-volume traders
Global PresenceOffices in Malta, Malaysia, ParaguayOffices in UK, Cyprus, Monaco, UAE
Company AwardsFewer awards, focused on niche marketsMultiple awards including Best Broker and Best Trading Platform
Platform SpeedFast, optimized for Synthetic IndicesVery fast, optimized for low latency
Account Verification RequirementsGovernment ID, Address ProofGovernment ID, Address Proof, Source of Funds for large deposits
Position Size CalculatorIntegrated into platformAvailable on website and platform
Trade Journal and HistoryDetailed history on MT5, Basic journalAdvanced journal with analysis tools
Client Segregation of FundsSegregated in top-tier banksSegregated in top-tier banks
Custody FeesNot chargedNot charged
Forex Pairs Offered50+ pairs70+ pairs
Index CFDs Offered10+ indices20+ indices
Slippage Protection MechanismBasicAdvanced with partial fills
Trading Central IntegrationNot integratedIntegrated
Order Execution TransparencyHigh, detailed execution reportsVery high, detailed execution reports
Mobile App User InterfaceSimple and user-friendlyAdvanced with customizable layouts
Financial ReportsLimited public financial dataExtensive public financial reports available
Segregated Bank AccountsUsed for client fundsUsed for client funds
KYC (Know Your Customer) ProcessModerate verification requirementsStrict verification requirements
Income from SwapsNo income on Islamic accountsNo income on Islamic accounts
Timeframes on PlatformFrom 1 minute to 1 monthFrom tick charts to monthly charts
Community SupportActive forums and social media channelsActive forums, social media, and in-house support community
Market Sentiment IndicatorsBasic sentiment indicatorsAdvanced sentiment indicators
Risk Disclosure StatementsComprehensiveComprehensive
IPO TradingNot availableAvailable on select accounts
Corporate Actions AdjustmentsHandled automaticallyHandled automatically
Privacy Policy TransparencyGDPR-compliant, clear data usage policyGDPR-compliant, detailed data usage policy
Global Payment MethodsSkrill, Neteller, Fasapay, Perfect Money, CryptoSkrill, Neteller, PayPal, UnionPay, Crypto
Drawdown ReportsBasic drawdown reportsAdvanced drawdown analysis
Trading Competitions PrizesMonetary rewards, creditsMonetary rewards, credits, gadgets
Order Modification OptionsModify SL and TP freelyModify SL, TP, and pending orders freely
Document Upload ProcessWeb-based uploadWeb-based and app-based upload
Bespoke Trading SolutionsLimited customizationAvailable for institutional clients
Client CategorizationRetail and ProfessionalRetail, Professional, Institutional
AML (Anti-Money Laundering) ComplianceStrict adherenceStrict adherence
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Deriv offers niche markets like synthetic indices with low costs, while FXPro provides broader asset coverage with advanced tools for experienced traders.