Deriv vs OANDA Comparison & Reviews

FeatureDerivOANDA
Year Established19991996
RegulationFSC (British Virgin Islands), VFSC (Vanuatu), FSA (Malaysia), MFSA (Malta), The Financial Commission (Malta)CFTC/NFA (United States), FCA (United Kingdom), FSA (Japan), MFSA (Malta), MAS (Singapore), ASIC (Australia), IIROC (Canada), FSC (British Virgin Islands)
Minimum Deposit$5$0
Maximum LeverageUp to 1:1000Up to 1:50
Trading PlatformsDeriv MT5, Deriv X, DTrader, SmartTrader, DBotMetaTrader 4, MetaTrader 5, OANDA Platform, TradingView
Tradable InstrumentsForex, Stocks (CFDs), Metals, Cryptocurrencies, Commodities, Indices, Synthetic IndicesForex, CFDs on Indices, Commodities, Metals, Bonds, Cryptocurrencies
Account TypesReal Account, Demo AccountStandard, Core, Swap-free
SpreadsFrom 0.5 pips on EUR/USDFrom 0.6 pips on EUR/USD
CommissionNone$5 per 100,000 units traded (Core Pricing)
Deposit MethodsWebMoney, Skrill, Wire Transfer, Credit/Debit Cards, Neteller, Perfect Money, FasaPay, Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Tether, USD Coin), paysafecard, AdvCash, AstroPayVisa, Mastercard, ACH Deposits, Bank Transfer, Skrill, Neteller
Withdrawal MethodsSame as deposit methodsSame as deposit methods
Research ToolsNews Feed, Fundamental Data, Chart Analysis, Trading IdeasNews Feed, Fundamental Data, Chart Analysis, Trading Ideas, Email Reports
Educational ResourcesDemo Account, Articles, VideosDemo Account, Webinars, Articles, Videos
Customer Support24/7 via Email and Online Chat24/5 via Email, Phone, and Online Chat
Bonuses and PromotionsAffiliate ProgramOccasional Bonuses (Not available in all countries), Affiliate Program
Additional FeaturesCopy TradingTradingView Integration, Elite Trader Program with rebates for high-volume traders
API AccessOffers API for automated tradingProvides API for automated trading and exchange rate data services
Platform CompatibilitySupports Windows, Mac, Linux, Web, iOS, AndroidSupports Windows, Mac, Linux, Web, iOS, Android
Target AudienceIndividual traders seeking accessible trading solutionsSmall to medium businesses, traders, hedge funds, web developers, e-commerce platforms
Pricing StructureNo information availableOffers spread-only and commission-plus-core spread pricing models
Inactivity FeeNot specified$25 after 12 months of inactivity
Minimum Trade SizeNot specifiedAs low as 1 unit or 0.001 micro lot
Elite Trader ProgramNot specifiedOffers rebates for high-volume traders
Negative Balance ProtectionNot specifiedNot provided
Regulatory CoverageRegulated in multiple jurisdictions including the British Virgin Islands, Vanuatu, Malaysia, and MaltaRegulated in multiple jurisdictions including the United States, United Kingdom, Japan, Malta, Singapore, Australia, Canada, and the British Virgin Islands
Cryptocurrency TradingOffers cryptocurrency CFDsOffers cryptocurrency CFDs; physical cryptocurrency trading available in select regions
Additional ToolsProvides proprietary platforms like DTrader, DBot, and Deriv MT5Offers integration with TradingView and provides tools like MultiCharts
Customer Support Channels24/7 live support via online chat and email24/5 live support via phone, online chat, and email
Educational ContentOffers articles and videos for learningProvides webinars, articles, and videos for educational purposes
Deposit and Withdrawal FeesNot specifiedNo deposit or withdrawal fees
Integration with Third-Party ServicesNot specifiedIntegrates with platforms like Airbnb, Expedia, and FedEx Ship Manager
Inactivity FeeNot specified$25 after 12 months of inactivity
Elite Trader ProgramNot specifiedOffers rebates for high-volume traders
Negative Balance ProtectionNot specifiedNot provided
Cryptocurrency TradingOffers cryptocurrency CFDsOffers cryptocurrency CFDs; physical cryptocurrency trading available in select regions
Additional ToolsProvides proprietary platforms like DTrader, DBot, and Deriv MT5Offers integration with TradingView and provides tools like MultiCharts
Deposit and Withdrawal FeesNot specifiedNo deposit or withdrawal fees
Integration with Third-Party ServicesNot specifiedIntegrates with platforms like Airbnb, Expedia, and FedEx Ship Manager
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Deriv and OANDA cater to different trader needs—Deriv offers high leverage and unique synthetic indices, while OANDA provides robust regulation, tighter spreads, and institutional-grade tools.