Feature | Deriv | LiteFinance |
---|---|---|
Regulation | VFSC, MFSA, Labuan FSA | CySEC, SVGFSA |
Minimum Deposit | $10 | $50 |
Maximum Leverage | Up to 1:1000 | Up to 1:500 |
Trading Platforms | MetaTrader 5, DTrader, DXtrade | MetaTrader 4, MetaTrader 5, WebTrader, Social trading, cTrader |
Trading Instruments | Forex, Gold & Silver, Indices, Cryptocurrencies | Forex, Gold & Silver, Indices, Stocks, Commodities, Cryptocurrencies, CFDs |
Spread Type | Fixed | Variable |
Deposit & Withdrawal Methods | Bank Wire, Bank Card, Neteller, BTC, USDT | Bank Wire, Bank Card, Neteller, BTC, USDT |
Copy Trading | Yes | Yes |
Educational Resources | Limited | Extensive |
Customer Support | 24/7 via live chat and email | 24/5 via phone, email, online chat, Facebook Messenger, Telegram |
Bonuses & Promotions | No | Rebate on payment fees, 100% Deposit Bonus |
Negative Balance Protection | Yes | Yes |
Islamic Account | Not specified | Yes |
Demo Account | Yes | Yes |
Inactivity Fee | $25 | $25 |
Affiliate Program | Yes | Yes |
Mobile Trading App | Yes | Yes |
Order Execution Model | Straight-Through Processing (STP), Electronic Communication Network (ECN) | STP, ECN |
Account Types | Standard Account, Demo Account | Classic Account, ECN Account, Demo Account |
Base Account Currencies | AUD, EUR, GBP, USD | USD, EUR, CHF, MBT |
Swap-Free (Islamic) Accounts | Available upon request | Available upon request |
Spread on EUR/USD (Standard Account) | Minimum: 0.5 pips, Maximum: 0.8 pips | Minimum: 0.5 pips, Maximum: 0.8 pips |
Commission on ECN Accounts | Not specified | $0.5 per lot |
Swap Rates | Vary based on position and instrument | Vary based on position and instrument |
Order Execution Speed | Not specified | Instant market execution with minimal slippage |
Scalping | Permitted | Permitted |
Hedging | Permitted | Permitted |
Automated Trading | Supported via APIs and platforms | Supported via MetaTrader platforms |
VPS Hosting | Not specified | Available for clients |
Social Trading Platforms | Not specified | Proprietary social trading platform |
Market Research Tools | Basic tools available | Advanced tools including Claws&Horns analysis |
Economic Calendar | Provided | Provided |
Trading Signals | Not specified | Available |
Market News Updates | Basic updates | Comprehensive market news blog |
Analytical Tools | Standard charting tools | Advanced charting tools with additional indicators |
Risk Management Features | Standard stop-loss and take-profit orders | Advanced risk management tools |
Trading Contests | Not specified | Regular contests with cash prizes |
Regulatory Oversight | Multiple jurisdictions including VFSC, MFSA, Labuan FSA | Multiple jurisdictions including CySEC, SVGFSA |
Investor Compensation Fund | Up to €20,000 | Up to €20,000 |
Segregated Client Funds | Implemented | Implemented |
Two-Factor Authentication (2FA) | Not specified | Available |
SSL Encryption | Implemented | Implemented |
Data Protection Policies | Compliant with international standards | Compliant with international standards |
Company Headquarters | Malaysia | Saint Vincent and the Grenadines |
Global Office Locations | United Arab Emirates, Cyprus, Malaysia, Paraguay, Rwanda | Philippines, Kenya, Myanmar, Tanzania, Ghana, Nicaragua, India, Indonesia, Vietnam, Iran, Nigeria |
Years in Operation | Established in 1999 | Established in 2005 |
Client Base | Not specified | Over 500,000 clients worldwide |
Accepted Clients | Worldwide, excluding specific countries | Worldwide, excluding USA, EEA, Israel, Russia, Japan, and others |
Languages Supported | Chinese, English, French, Indonesian, Italian, Polish, Portuguese, Russian, Spanish, Thai | English and 14 other languages |
Local Representative Offices | Not specified | Available in various countries |
Partnership Programs | Affiliate Program | Affiliate Program, IB Program |
Customer Support Channels | Live chat, Email | Live chat, Email, Phone, Skype, Telegram |
Customer Support Languages | Multiple languages | Multiple languages |
Customer Support Availability | 24-Jul | 24-May |
Response Time | Typically prompt | Typically prompt |
Educational Webinars | Not specified | Offered regularly |
Tutorial Videos | Limited availability | Extensive library |
Trading Courses | Not specified | Structured courses available |
Glossary of Terms | Provided | Provided |
User Guides | Basic guides available | Comprehensive guides available |
Platform Tutorials | Available for all platforms | Available for all platforms |
Market Analysis | Basic analysis provided | In-depth daily analysis |
Trading Strategies | Not specified | Various strategies discussed |
Community Forums | Not specified | Active community forums |
Social Media Presence | Active on multiple platforms | Active on multiple platforms |
Mobile App Features | Full trading functionality, Account management | Full trading functionality, Account management, Additional tools |
Mobile App User Interface | User-friendly | User-friendly |
Mobile App Updates | Regular updates | Regular updates |
Mobile App Compatibility | iOS, Android | iOS, Android |
Mobile App Security | Standard security features | Enhanced security features |
Mobile App Reviews | Generally positive | Generally positive |
Mobile App Additional Features | Not specified | Copy trading, Market news |
Deposit Processing Time | Instant for most methods | Instant for most methods |
Withdrawal Processing Time | Varies by method | Varies by method |
Deposit Fees | Generally none | Generally none |
Withdrawal Fees | Varies by method | Varies by method |
Minimum Withdrawal Amount | Varies by method | Varies by method |
Maximum Withdrawal Amount | Varies by method | Varies by method |
Deposit Methods | Bank Wire, Bank Card, Neteller, BTC, USDT | Bank Wire, Bank Card, Neteller, BTC, USDT |
Withdrawal Methods | Bank Wire, Bank Card, Neteller, BTC, USDT | Bank Wire, Bank Card, Neteller, BTC, USDT |
Deposit Currencies | Multiple currencies accepted | Multiple currencies accepted |
Withdrawal Currencies | Multiple currencies accepted | Multiple currencies accepted |
Deposit Processing Fees | None | None |
Withdrawal Processing Fees | Varies by method | Varies by method |
Deposit Processing Time | Instant for most methods | Instant for most methods |
Withdrawal Processing Time | Varies by method | Varies by method |
Deposit Limits | Varies by method | Varies by method |
Withdrawal Limits | Varies by method | Varies by method |
Deposit Bonuses | Not offered | 100% Deposit Bonus |
Promotional Offers | Not specified | Rebate on payment fees |
Loyalty Programs | Not specified | Not specified |
Referral Programs | Available | Available |
Trading Competitions | Not specified | Regular competitions with prizes |
Special Events | Not specified | Dream Draw with prize fund |
Seasonal Promotions | Not specified | Various seasonal promotions |
VIP Programs | Not specified | Not specified |
Bonus Terms and Conditions | Not applicable | Detailed on website |
Regulatory Disclosures | Available on website | Available on website |
Financial Reports | Not publicly disclosed | Not publicly disclosed |
Client Fund Protection | Segregated accounts | Segregated accounts |
Insurance Coverage | Not specified | Not specified |
Audit Reports | Not publicly disclosed | Not |
Automated Trading | Supports code-free algorithmic trading via Deriv Bot, API solutions available for trade automation | Supports Expert Advisors (EAs) on MetaTrader platforms |
Social Trading | Not specified | Proprietary social trading platform allowing copy trading |
Trading Platforms | Proprietary platforms (Deriv Trader, Deriv Bot, Deriv X), MetaTrader 5, cTrader | MetaTrader 4, MetaTrader 5, cTrader, Proprietary mobile app |
Mobile Trading | Deriv GO mobile app for trading on the go | Proprietary mobile app with full trading functionality |
Cryptocurrency Trading | Offers trading on cryptocurrencies | Offers trading on cryptocurrencies |
Synthetic Indices | Offers synthetic indices for 24/7 trading | Not specified |
Educational Resources | Limited educational materials | Extensive resources including webinars, tutorials, and trading strategies |
Market Analysis Tools | Basic tools available | Advanced tools including Claws&Horns analysis |
Customer Support | 24/7 via live chat | 24/5 via live chat, email, phone, and regional offices |
Regulation | Regulated by MFSA, LFSA, BVIFSC, VFSC | Regulated by CySEC, FSA St. Vincent and the Grenadines |
Security Measures | Segregated client funds, SSL encryption, negative balance protection | Segregated client funds, SSL encryption, two-factor authentication, member of Investor Compensation Fund |
Account Verification | Standard KYC procedures | Robust KYC and AML policies requiring proof of identity and address |
Deposit & Withdrawal Methods | Various methods including bank transfers, e-wallets, and cryptocurrencies | Various methods including bank transfers, e-wallets, and cryptocurrencies |
Deposit Fees | Generally none | No deposit fees; reimburses payment system commissions |
Withdrawal Fees | Varies by method | Varies by method; offers auto-withdrawal up to $5,000 per day |
Processing Time | Instant deposits; withdrawal times vary by method | Instant deposits; withdrawal times vary by method |
Minimum Deposit | $5 | $50 |
Leverage | Up to 1:1000 | Up to 1:1000 |
Trading Instruments | Forex, stocks, indices, commodities, cryptocurrencies, synthetic indices | Forex, stocks, indices, commodities, cryptocurrencies |
Spread Type | Floating spreads | Floating spreads |
Commission | Commission-free trading | Commissions apply on ECN accounts |
Order Execution | Market execution | Market execution |
Scalping & Hedging | Permitted | Permitted |
Negative Balance Protection | Implemented | Implemented |
Islamic Accounts | Swap-free accounts available | Swap-free accounts available |
Demo Accounts | Available | Available |
Affiliate Program | Offers partnership programs | Offers affiliate and IB programs |
Trading Contests | Not specified | Regular contests with valuable prizes |
Additional Features | Offers multipliers combining aspects of CFDs and options | Provides complete price history for all assets |
Deriv and LiteFinance offer competitive trading services with distinct advantages; Deriv excels in synthetic indices and low minimum deposits, while LiteFinance stands out with extensive educational resources and social trading features. Both brokers provide robust security, diverse platforms, and comprehensive customer support.