Deriv vs Libertex Comparison & Reviews

FeatureDerivLibertex
Year Established19991997
RegulationMalta Financial Services Authority (MFSA), Labuan Financial Services Authority (LFSA), British Virgin Islands Financial Services Commission (BVIFSC), Vanuatu Financial Services Commission (VFSC), Financial Services Commission of Mauritius (FSC), St. Vincent and the Grenadines Financial Services Authority (SVGFSA)Cyprus Securities and Exchange Commission (CySEC)
Minimum Deposit$5€ 100
Maximum LeverageUp to 1:1000Up to 1:30 for retail clients
Trading PlatformsDeriv Trader, Deriv X, Deriv Go, MetaTrader 5 (MT5), cTrader, TradingViewProprietary Web-Based Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Tradable InstrumentsForex, Commodities, Stocks, Stock Indices, Synthetic Indices, Cryptocurrencies, ETFsForex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs
SpreadsFrom 0.5 pips on major pairsFrom 0.2 pips on EUR/USD
Commission FeesGenerally commission-free; specific accounts may have commissionsZero commissions on real stocks; low commissions on CFD trading
Deposit MethodsBank Transfer, Credit/Debit Cards, E-wallets (Neteller, Skrill, WebMoney, etc.), Cryptocurrencies (Bitcoin, Tether, etc.)Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, Sofort, Trustly, GiroPay, iDEAL, Multibanco, P24, Rapid Transfer
Withdrawal MethodsSame as deposit methodsSame as deposit methods; some methods may incur fees
Inactivity Fee$25 after 12 months of inactivity€10 monthly after 180 days of inactivity for accounts with balances below €5,000
Educational ResourcesLimited educational materials; basic tutorials and articlesModest selection; economic calendar and market analysis; lacks comprehensive educational content
Customer Support24/7 via live chat and emailCustomer support available in 8 languages via live chat and email; phone support also available
Demo AccountYes, with $50,000 virtual fundsYes, with €50,000 virtual funds
Mobile TradingYes, via Deriv Go appYes, via proprietary mobile app and MT4/MT5 apps
Copy TradingYes, via cTrader CopyNo
Automated TradingYes, via Deriv Bot (DBot) and MT5 EAsYes, via MT4/MT5 EAs
Negative Balance ProtectionYesYes
Islamic AccountYesNot specified
Bonuses and PromotionsNoNo, due to regulatory restrictions
Trading FeesVariable, depends on instrument and account type, competitive for most assetsLow trading fees on CFDs, no fees on real stocks, small spread markup
Order Execution SpeedFast execution, especially on synthetic indicesFast execution with minimal slippage on proprietary platform
Account TypesStandard, Financial STP, Synthetic Indices, FinancialReal account, Demo account, Professional account
Charting ToolsAdvanced charting with multiple indicators, TradingView integrationIntegrated charting tools with technical indicators on proprietary platform
Risk Management ToolsStop Loss, Take Profit, Trailing Stops, Guaranteed Stop Loss (for specific instruments)Stop Loss, Take Profit, Risk management via margin settings
Social Trading FeaturesCommunity support and trading ideas via cTrader communityLimited social trading features, lacks built-in copy trading
API TradingSupports API trading for custom strategies and automationNo dedicated API access for retail traders
Asset Classes OfferedUnique offering of Synthetic Indices unaffected by real-world eventsStrong focus on CFDs across diverse markets
Leverage FlexibilityAdjustable leverage based on account type and regulationTiered leverage based on asset type and client category
Spread TypeVariable and fixed, depending on account type and instrumentVariable spreads, often tight for popular assets
Margin RequirementsFlexible margin settings based on account and assetFixed margin requirements depending on instrument and client status
Scalping and HedgingAllowed without restrictionsAllowed with some restrictions based on market conditions
Algorithmic Trading CompatibilityExtensive support via MT5 and DBot, Python API for custom botsCompatible with MT4/MT5 EAs, limited options on proprietary platform
Security FeaturesTwo-factor authentication (2FA), encrypted transactions, segregated client fundsSSL encryption, segregated client funds, regulatory compliance
Geographic RestrictionsNot available in the USA, Canada, Hong KongNot available in the USA, Canada, Japan
Deposit Processing TimeInstant for most methods, up to 3 business days for bank transfersInstant for e-wallets and cards, 1–3 business days for bank transfers
Withdrawal Processing Time1 business day for e-wallets, 3–5 business days for bank transfers24 hours for e-wallets, 2–5 business days for bank transfers
Crypto TradingExtensive crypto offerings including CFDs on multiple coinsLimited selection of cryptocurrencies via CFDs
Fiat Currencies SupportedUSD, EUR, GBP, AUD, CAD, multiple othersEUR, USD, GBP, PLN, CHF, CZK, and others
VIP ProgramsCustom spreads and perks for high-volume tradersVIP accounts with lower fees and additional services for large deposits
Platform CustomizationHigh level of customization with widgets and indicators on MT5 and cTraderModerate customization on proprietary platform, more on MT4/MT5
Partnership ProgramsAffiliate, IB (Introducing Broker), and White Label partnershipsAffiliate and IB programs with commission-based earnings
Tax Reporting AssistanceBasic tax reports availableProvides detailed tax reports for EU clients
Interest on Free MarginNo interest offered on unused marginNo interest offered
Microlot Trading (0.01)Available on all platformsAvailable on MT4/MT5, limited on proprietary platform
Platform AccessibilityWeb-based, desktop, and mobile apps for all platformsWeb-based and mobile apps, desktop for MT4/MT5
Real-time Data FeedsFree real-time quotes for all account typesFree real-time quotes, premium data for advanced features
Advanced OrdersOCO (One-Cancels-the-Other), If-Done ordersOCO, If-Done, and bracket orders available on MT4/MT5
Languages Supported10+ languages including English, Spanish, French, and others15+ languages including English, Spanish, French, German, and others
Trading ContestsPeriodic contests for traders with cash prizesNo trading contests reported
Affiliate Commission StructureCPA (Cost per Acquisition) and Revenue Share optionsCPA, Revenue Share, and hybrid models for affiliates
Backtesting CapabilitiesAvailable via MT5 strategy tester and Python APIAvailable on MT4/MT5 but limited on proprietary platform
Spread BettingNot offeredAvailable for UK clients with tax-free benefits
Order TypesMarket, Limit, Stop, Trailing Stop, Good Till Cancelled (GTC)Market, Limit, Stop, OCO, GTC
Custom IndicatorsSupport for custom indicators on MT5 and cTraderAvailable on MT4/MT5, limited on proprietary platform
Slippage ControlLow slippage on synthetic indices, slippage protection settingsMinimal slippage, slippage control on proprietary platform
Weekend TradingAvailable for cryptocurrencies and synthetic indicesLimited to cryptocurrencies only
Trade Execution TypeSTP (Straight Through Processing) and market-makingMarket maker with no dealing desk for certain accounts
Volatility ProtectionAvailable through stop-loss and guaranteed stop ordersVolatility alerts and stop-loss options
Swap-Free AccountAvailable for Islamic traders without overnight chargesNot specified, likely unavailable due to regulatory constraints
Volume DiscountsTiered discounts based on trading volume for institutional clientsDiscounts for high-volume CFD traders
Trade JournalBuilt-in trade journal on MT5, manual logging required on other platformsNo built-in journal, manual logging required
Risk Assessment ToolsPosition size calculator, margin calculatorRisk exposure meter, margin calculator on MT4/MT5
Order Book VisibilityAvailable on cTrader with depth of market (DOM)Limited visibility on proprietary platform, available on MT4/MT5
Referral ProgramsIncentives for referring new traders with tiered rewardsOffers a referral program with cash rewards based on deposit size
Corporate AccountsCustom solutions for corporate clientsCorporate accounts with tailored fee structures
Market Sentiment IndicatorsAvailable via cTrader and MT5 add-onsSentiment indicators on proprietary platform for CFDs
PAMM/MAM AccountsAvailable for asset managersNo support for PAMM/MAM accounts reported
Regulatory ReportingCompliance with multiple regulators, detailed reportsCompliance with CySEC and ESMA, automated reporting tools
Interest Rate Swap InfoTransparent swap rates publishedTransparent but varies based on asset and account type
Integration with Third-Party ToolsAPI integration with custom platforms, support for TradingViewCompatible with third-party tools via MT4/MT5
Mobile App FeaturesAdvanced charting, alerts, and custom indicators on Deriv GoTrade alerts, news, and charting on proprietary app
Rebate ProgramsCashback on trades for high-volume clientsRebates on CFD trades for professional accounts
Market News and AnalysisEconomic calendar, daily analysis via blogIn-depth market analysis, economic calendar, expert commentary
User Interface CustomizationHighly customizable dashboards on cTraderCustomizable widgets and layout on proprietary platform
Synthetic IndicesUnique offering with constant volatilityNot available
Commission TransparencyDetailed commission breakdowns per tradeTransparent commission structure for CFDs
Licenses and ComplianceMultiple global licenses ensuring broad complianceLicensed under CySEC, compliant with MiFID II
Scalping SpeedOptimized for scalping with low latency executionEfficient for scalping on MT4/MT5 with fast execution
KYC (Know Your Customer) ProcessStreamlined with document upload via platformStandard KYC with ID and proof of residence verification
Whitelist IP LoginOption to whitelist IPs for enhanced securityNo IP whitelisting option reported
Dark Mode SupportAvailable on Deriv platformsAvailable on proprietary platform and MT4/MT5
Risk-Free TradesPromotional risk-free trades for new clientsNot offered
Compliance with AML (Anti-Money Laundering)Strict AML policies and monitoringCompliance with EU AML directives
AI and Machine Learning ToolsNo direct AI tools, supports automated strategiesNo direct AI tools, supports EAs and automated scripts
Asset InsuranceClient funds insured under regulatory schemesInvestor compensation fund coverage up to €20,000
Cost TransparencyNo hidden fees, detailed cost analysis per tradeTransparent fee structure, detailed breakdowns
Execution AlgorithmsCustomizable execution algorithms on cTraderAvailable via MT4/MT5, limited on proprietary platform
Daily Analysis ReportsAvailable via blog and email newslettersAvailable via blog, in-platform notifications
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Deriv offers diverse instruments, low fees, and unique synthetic indices, while Libertex stands out with a proprietary platform, tight spreads, and extensive regulatory compliance. Both provide robust security and execution speed for traders.