Feature | Deriv | Markets.com |
---|---|---|
Year Established | 1999 | 2008 |
Regulation | MFSA (Malta), LFSA (Labuan), BVIFSC (BVI), VFSC (Vanuatu), FSC (Mauritius), SVGFSA (St. Vincent and the Grenadines) | FCA (UK), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), FSC (British Virgin Islands) |
Customer Base | Over 2.5 million clients globally | Over 4.3 million registered customers |
Trading Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs | CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds, Spread Betting (UK Only) |
Demo Account | Yes | Yes |
Minimum Deposit | $5 | $100 |
Trading Platforms | Deriv Trader, Deriv X, Deriv Go, MetaTrader 5 (MT5), cTrader, TradingView | Proprietary Web/App Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Payment Methods | Credit/Debit Cards, Bank Transfers, E-wallets (Neteller, Skrill, Perfect Money, etc.), Cryptocurrencies (Bitcoin, Ethereum, Tether, etc.) | Credit/Debit Cards, Bank Transfers, E-wallets (Neteller, Skrill, PayPal, etc.) |
Minimum Trade Size | 0.01 lots | 0.01 lots |
Leverage | Up to 1:1000 | Up to 1:300 |
Spread Type | Fixed | Variable |
Negative Balance Protection | Yes | Yes |
Mobile Apps | iOS, Android | iOS, Android |
Customer Support | 24/7 support, including WhatsApp assistance | 24/5 support |
Educational Resources | Basic blog, limited advanced educational materials | Comprehensive educational content, including podcasts, webinars, and financial market videos |
Awards | Most Trusted Broker 2024 - Ultimate Fintech Global Awards, Best Trading Experience LATAM 2024 - Ultimate Fintech Global Awards, Best LATAM Region Broker 2024 - Ultimate Fintech Global Awards, Best Customer Service 2024 - Global Forex Awards | Best Trading Platform 2020 - FXScouts, Runner Up - Best FX Broker 2019 - DayTrading.com, Best Forex Provider 2017 - UK Forex Awards, Best FX Platform 2017 - UK Forex Awards |
Additional Features | Innovative products like multipliers and synthetic indices, 24/7 trading opportunities, low minimum deposit, diverse payment options | Proprietary platform with TradingView-powered charting, access to MT4 and MT5, comprehensive educational content, no deposit/withdrawal charges, regulated by tier-one authorities |
Account Types | Standard Account, Financial STP, Synthetic Indices Account, Financial Account | Retail Account, Professional Account, Islamic Account |
Commission Fees | No commissions on most trades, charges on some specific CFDs and cryptocurrencies | No commissions on Forex and CFDs, spreads only |
Order Execution Speed | High-speed execution, especially for synthetic indices | Fast execution with proprietary technology, optimized for CFDs |
Algorithmic Trading Support | Supports DMT5 API, Binary Bot for automated trading | Supports MetaTrader 4 and 5 Expert Advisors (EAs) |
Charting Tools | Advanced charts with multiple timeframes and indicators, integrated with TradingView on certain platforms | TradingView-powered charts, over 90 indicators, customizable layouts |
Risk Management Tools | Stop Loss, Take Profit, Trailing Stop, Margin Call alerts | Guaranteed Stop Loss, Negative Balance Protection, Risk Score |
Social Trading | Not directly supported, can use third-party tools with API | Marketsx offers sentiment indicators and in-platform analysis tools |
Trading Costs | Competitive spreads, no hidden charges | Competitive spreads, no deposit or withdrawal fees |
Scalping & Hedging | Allowed on all platforms | Allowed on MetaTrader platforms |
VPS (Virtual Private Server) | Available for high-frequency traders | Available for MetaTrader users with high volumes |
Supported Languages | English, Spanish, French, German, Italian, Portuguese, Russian, Chinese, Arabic, and more | Over 20 languages including English, Spanish, French, German, Arabic, and more |
Swap-Free Accounts | Islamic accounts available on request | Dedicated Islamic accounts with no swaps |
Regulatory Compliance | Segregated client funds, audit reports published | Segregated funds, adherence to FCA and CySEC regulations |
Affiliate Program | Comprehensive affiliate and IB program with high commissions | Affiliate program with revenue share and CPA options |
Market Analysis Tools | Trading signals, economic calendar, volatility indices | In-platform news, analyst recommendations, economic calendar, sentiment analysis |
Cryptocurrency Offerings | Bitcoin, Ethereum, Litecoin, Ripple, and more as CFDs | Bitcoin, Ethereum, Litecoin, Ripple, and over 20 cryptocurrencies as CFDs |
Deposit Processing Time | Instant for most methods | Instant for e-wallets, 1-2 days for bank transfers |
Withdrawal Processing Time | Within 24 hours for e-wallets, up to 3 days for bank transfers | Same day for e-wallets, up to 5 days for bank transfers |
User Interface | Simple and intuitive across all platforms, customizable dashboards | Advanced yet user-friendly with multiple charting options |
Advanced Order Types | Market, Limit, Stop, Trailing Stop, OCO (One Cancels Other) | Market, Limit, Stop, Trailing Stop, Guaranteed Stop |
Partnership Opportunities | White label solutions, partnership programs for brokers | White label solutions, IB and affiliate programs |
API Trading | Offers DMT5 API, Binary API for custom trading applications | Offers API for professional traders through MetaTrader platforms |
Corporate Accounts | Available upon request | Available with tailored services for institutional clients |
Account Verification | KYC process with ID and address proof, usually takes 1-2 days | KYC and AML compliance, verification within 1-3 days |
Bonuses & Promotions | Limited promotions, occasional deposit bonuses | No bonuses due to regulatory restrictions under FCA and CySEC |
Lot Size Flexibility | Micro lots (0.01), standard lots, and higher | Micro lots (0.01), mini lots, and standard lots |
Advanced Analytics | Supports external tools like TradingView for analysis | Integrated analysis tools with sentiment indicators, trend analysis, and advanced charting |
Mobile Trading Experience | Lightweight, optimized for low bandwidth, user-friendly | High-performance mobile app with all features of the web platform |
Geographic Restrictions | Does not accept clients from the USA, Canada, Hong Kong, or certain other countries | Restricted in the USA, Canada, Japan, Belgium, and a few others |
PAMM & MAM Accounts | Not directly available, third-party integration possible | Supports PAMM/MAM accounts for asset managers |
Copy Trading | No native copy trading platform, third-party integrations possible | Copy trading supported through MetaTrader signals and platforms like ZuluTrade |
Reputation and Reviews | Generally positive, praised for synthetic indices and reliability | High ratings for customer service, trading conditions, and educational resources |
Spread Details | Tight fixed spreads on synthetic indices, variable on others | Competitive variable spreads starting from 0.6 pips |
Trading Competitions | Occasional trading contests with prizes | No competitions due to regulatory compliance |
Security Measures | SSL encryption, two-factor authentication (2FA) | SSL encryption, two-factor authentication (2FA) |
Market Depth (Level 2) | Available on DMT5 for Forex and CFD markets | Available on MetaTrader 5 platform |
Commission-Free Trading | Most assets, especially on synthetic indices | Zero-commission trading on Forex and CFDs, only spreads apply |
Corporate Social Responsibility | Involved in financial literacy programs and local community support | Supports charitable organizations and financial education initiatives |
HFT (High-Frequency Trading) Support | Supported with low latency execution | Supported with low latency and VPS options |
Deposit Currency Options | USD, EUR, GBP, AUD, cryptocurrencies, and more | USD, EUR, GBP, AUD, ZAR, and more |
Contract Expiry Types | No expiry, fixed-time contracts, tick-based expiry | No expiry on most CFDs, expiry on futures contracts |
Economic Calendar | Integrated into the platform | Advanced economic calendar with filters for events and impact levels |
Trading Hours | 24/7 for synthetic indices, regular hours for other assets | 24/5 for Forex and CFDs, cryptocurrency CFDs available 24/7 |
Multi-Asset Trading | Extensive, including unique assets like synthetic indices | Broad range of assets with over 2,200 instruments |
Order Book Visibility | Available on DMT5 for professional accounts | Available on MetaTrader 5 with Depth of Market (DoM) feature |
Interactive Features | Chatbots for support, trading tutorials | Interactive webinars, live chat, and personalized account management |
Slippage Control | Minimal slippage due to fast execution | Low slippage with advanced order routing technology |
Integration with TradingView | Supported directly for charting and analysis | Powered by TradingView for advanced charting on proprietary platform |
AI and Machine Learning Tools | Basic automated trading tools via Binary Bot | AI-powered sentiment analysis and trading tools on proprietary platform |
Localization and Regional Support | Localized websites and support in multiple languages | Regional support with local offices in several countries |
Deriv offers innovative products like synthetic indices and lower fees, while Markets.com stands out for its comprehensive educational resources and regulatory strength. Both brokers cater to diverse trading needs with distinct strengths.