Feature | Deriv | Libertex |
---|---|---|
Year Established | 1999 | 1997 |
Regulation | Malta 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 Leverage | Up to 1:1000 | Up to 1:30 for retail clients |
Trading Platforms | Deriv Trader, Deriv X, Deriv Go, MetaTrader 5 (MT5), cTrader, TradingView | Proprietary Web-Based Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Tradable Instruments | Forex, Commodities, Stocks, Stock Indices, Synthetic Indices, Cryptocurrencies, ETFs | Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs |
Spreads | From 0.5 pips on major pairs | From 0.2 pips on EUR/USD |
Commission Fees | Generally commission-free; specific accounts may have commissions | Zero commissions on real stocks; low commissions on CFD trading |
Deposit Methods | Bank 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 Methods | Same as deposit methods | Same 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 Resources | Limited educational materials; basic tutorials and articles | Modest selection; economic calendar and market analysis; lacks comprehensive educational content |
Customer Support | 24/7 via live chat and email | Customer support available in 8 languages via live chat and email; phone support also available |
Demo Account | Yes, with $50,000 virtual funds | Yes, with €50,000 virtual funds |
Mobile Trading | Yes, via Deriv Go app | Yes, via proprietary mobile app and MT4/MT5 apps |
Copy Trading | Yes, via cTrader Copy | No |
Automated Trading | Yes, via Deriv Bot (DBot) and MT5 EAs | Yes, via MT4/MT5 EAs |
Negative Balance Protection | Yes | Yes |
Islamic Account | Yes | Not specified |
Bonuses and Promotions | No | No, due to regulatory restrictions |
Trading Fees | Variable, depends on instrument and account type, competitive for most assets | Low trading fees on CFDs, no fees on real stocks, small spread markup |
Order Execution Speed | Fast execution, especially on synthetic indices | Fast execution with minimal slippage on proprietary platform |
Account Types | Standard, Financial STP, Synthetic Indices, Financial | Real account, Demo account, Professional account |
Charting Tools | Advanced charting with multiple indicators, TradingView integration | Integrated charting tools with technical indicators on proprietary platform |
Risk Management Tools | Stop Loss, Take Profit, Trailing Stops, Guaranteed Stop Loss (for specific instruments) | Stop Loss, Take Profit, Risk management via margin settings |
Social Trading Features | Community support and trading ideas via cTrader community | Limited social trading features, lacks built-in copy trading |
API Trading | Supports API trading for custom strategies and automation | No dedicated API access for retail traders |
Asset Classes Offered | Unique offering of Synthetic Indices unaffected by real-world events | Strong focus on CFDs across diverse markets |
Leverage Flexibility | Adjustable leverage based on account type and regulation | Tiered leverage based on asset type and client category |
Spread Type | Variable and fixed, depending on account type and instrument | Variable spreads, often tight for popular assets |
Margin Requirements | Flexible margin settings based on account and asset | Fixed margin requirements depending on instrument and client status |
Scalping and Hedging | Allowed without restrictions | Allowed with some restrictions based on market conditions |
Algorithmic Trading Compatibility | Extensive support via MT5 and DBot, Python API for custom bots | Compatible with MT4/MT5 EAs, limited options on proprietary platform |
Security Features | Two-factor authentication (2FA), encrypted transactions, segregated client funds | SSL encryption, segregated client funds, regulatory compliance |
Geographic Restrictions | Not available in the USA, Canada, Hong Kong | Not available in the USA, Canada, Japan |
Deposit Processing Time | Instant for most methods, up to 3 business days for bank transfers | Instant for e-wallets and cards, 1–3 business days for bank transfers |
Withdrawal Processing Time | 1 business day for e-wallets, 3–5 business days for bank transfers | 24 hours for e-wallets, 2–5 business days for bank transfers |
Crypto Trading | Extensive crypto offerings including CFDs on multiple coins | Limited selection of cryptocurrencies via CFDs |
Fiat Currencies Supported | USD, EUR, GBP, AUD, CAD, multiple others | EUR, USD, GBP, PLN, CHF, CZK, and others |
VIP Programs | Custom spreads and perks for high-volume traders | VIP accounts with lower fees and additional services for large deposits |
Platform Customization | High level of customization with widgets and indicators on MT5 and cTrader | Moderate customization on proprietary platform, more on MT4/MT5 |
Partnership Programs | Affiliate, IB (Introducing Broker), and White Label partnerships | Affiliate and IB programs with commission-based earnings |
Tax Reporting Assistance | Basic tax reports available | Provides detailed tax reports for EU clients |
Interest on Free Margin | No interest offered on unused margin | No interest offered |
Microlot Trading (0.01) | Available on all platforms | Available on MT4/MT5, limited on proprietary platform |
Platform Accessibility | Web-based, desktop, and mobile apps for all platforms | Web-based and mobile apps, desktop for MT4/MT5 |
Real-time Data Feeds | Free real-time quotes for all account types | Free real-time quotes, premium data for advanced features |
Advanced Orders | OCO (One-Cancels-the-Other), If-Done orders | OCO, If-Done, and bracket orders available on MT4/MT5 |
Languages Supported | 10+ languages including English, Spanish, French, and others | 15+ languages including English, Spanish, French, German, and others |
Trading Contests | Periodic contests for traders with cash prizes | No trading contests reported |
Affiliate Commission Structure | CPA (Cost per Acquisition) and Revenue Share options | CPA, Revenue Share, and hybrid models for affiliates |
Backtesting Capabilities | Available via MT5 strategy tester and Python API | Available on MT4/MT5 but limited on proprietary platform |
Spread Betting | Not offered | Available for UK clients with tax-free benefits |
Order Types | Market, Limit, Stop, Trailing Stop, Good Till Cancelled (GTC) | Market, Limit, Stop, OCO, GTC |
Custom Indicators | Support for custom indicators on MT5 and cTrader | Available on MT4/MT5, limited on proprietary platform |
Slippage Control | Low slippage on synthetic indices, slippage protection settings | Minimal slippage, slippage control on proprietary platform |
Weekend Trading | Available for cryptocurrencies and synthetic indices | Limited to cryptocurrencies only |
Trade Execution Type | STP (Straight Through Processing) and market-making | Market maker with no dealing desk for certain accounts |
Volatility Protection | Available through stop-loss and guaranteed stop orders | Volatility alerts and stop-loss options |
Swap-Free Account | Available for Islamic traders without overnight charges | Not specified, likely unavailable due to regulatory constraints |
Volume Discounts | Tiered discounts based on trading volume for institutional clients | Discounts for high-volume CFD traders |
Trade Journal | Built-in trade journal on MT5, manual logging required on other platforms | No built-in journal, manual logging required |
Risk Assessment Tools | Position size calculator, margin calculator | Risk exposure meter, margin calculator on MT4/MT5 |
Order Book Visibility | Available on cTrader with depth of market (DOM) | Limited visibility on proprietary platform, available on MT4/MT5 |
Referral Programs | Incentives for referring new traders with tiered rewards | Offers a referral program with cash rewards based on deposit size |
Corporate Accounts | Custom solutions for corporate clients | Corporate accounts with tailored fee structures |
Market Sentiment Indicators | Available via cTrader and MT5 add-ons | Sentiment indicators on proprietary platform for CFDs |
PAMM/MAM Accounts | Available for asset managers | No support for PAMM/MAM accounts reported |
Regulatory Reporting | Compliance with multiple regulators, detailed reports | Compliance with CySEC and ESMA, automated reporting tools |
Interest Rate Swap Info | Transparent swap rates published | Transparent but varies based on asset and account type |
Integration with Third-Party Tools | API integration with custom platforms, support for TradingView | Compatible with third-party tools via MT4/MT5 |
Mobile App Features | Advanced charting, alerts, and custom indicators on Deriv Go | Trade alerts, news, and charting on proprietary app |
Rebate Programs | Cashback on trades for high-volume clients | Rebates on CFD trades for professional accounts |
Market News and Analysis | Economic calendar, daily analysis via blog | In-depth market analysis, economic calendar, expert commentary |
User Interface Customization | Highly customizable dashboards on cTrader | Customizable widgets and layout on proprietary platform |
Synthetic Indices | Unique offering with constant volatility | Not available |
Commission Transparency | Detailed commission breakdowns per trade | Transparent commission structure for CFDs |
Licenses and Compliance | Multiple global licenses ensuring broad compliance | Licensed under CySEC, compliant with MiFID II |
Scalping Speed | Optimized for scalping with low latency execution | Efficient for scalping on MT4/MT5 with fast execution |
KYC (Know Your Customer) Process | Streamlined with document upload via platform | Standard KYC with ID and proof of residence verification |
Whitelist IP Login | Option to whitelist IPs for enhanced security | No IP whitelisting option reported |
Dark Mode Support | Available on Deriv platforms | Available on proprietary platform and MT4/MT5 |
Risk-Free Trades | Promotional risk-free trades for new clients | Not offered |
Compliance with AML (Anti-Money Laundering) | Strict AML policies and monitoring | Compliance with EU AML directives |
AI and Machine Learning Tools | No direct AI tools, supports automated strategies | No direct AI tools, supports EAs and automated scripts |
Asset Insurance | Client funds insured under regulatory schemes | Investor compensation fund coverage up to €20,000 |
Cost Transparency | No hidden fees, detailed cost analysis per trade | Transparent fee structure, detailed breakdowns |
Execution Algorithms | Customizable execution algorithms on cTrader | Available via MT4/MT5, limited on proprietary platform |
Daily Analysis Reports | Available via blog and email newsletters | Available via blog, in-platform notifications |
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.