Deriv vs OctaFX Comparison & Reviews

FeatureDerivOctaFX
Year Established19992011
RegulationMFSA (Malta), LFSA (Labuan), BVIFSC (BVI), VFSC (Vanuatu), FSC (Mauritius), SVGFSA (St. Vincent and the Grenadines)CySEC (Cyprus)
Maximum Regulation LevelTier-2Tier-2
Investor Protection€ 20,000€ 20,000
Trading PlatformsDeriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingViewMetaTrader 4, MetaTrader 5, Web, Social trading
Minimum Deposit$5$25
Maximum LeverageUp to 1:1000Up to 1:500 (1:30 for EU clients)
Spread on EUR/USD (min)0.5 pips0.6 pips
CommissionNoneNone
Trading InstrumentsForex, Commodities, Indices, Cryptocurrencies, Synthetic Indices, Stocks, Options, ETFsForex, Commodities, Indices, Cryptocurrencies, Energies
Number of Tradable Instruments270+70+
Account TypesReal Account, Demo AccountDemo Account, Standard Account, Islamic Account
Deposit MethodsBank Wire, Credit/Debit Cards, E-wallets (Skrill, Neteller), Cryptocurrencies (BTC, USDT)Bank Wire, Credit/Debit Cards, E-wallets (Skrill, Neteller), Cryptocurrencies (BTC, USDT)
Withdrawal MethodsBank Wire, Credit/Debit Cards, E-wallets (Skrill, Neteller), Cryptocurrencies (BTC, USDT)Bank Wire, Credit/Debit Cards, E-wallets (Skrill, Neteller), Cryptocurrencies (BTC, USDT)
Deposit/Withdrawal FeesNoneNone
Inactivity Fee$25 after 12 months of inactivityNone
Swap-Free AccountsYesYes
Copy TradingYesYes
Educational ResourcesArticles, Videos, Demo AccountWebinars, Articles, Videos, Demo Account
Customer Support24/7 via Email and Live Chat24/5 via Email, Phone, Live Chat
Bonuses and PromotionsNoDeposit bonuses ranging from 10% to 50%
Affiliate ProgramYesYes
Languages SupportedEnglish, Spanish, French, Indonesian, Italian, Polish, Portuguese, Russian, Thai, Turkish, VietnameseBengali/Bangla, Chinese, English, German, Hindi, Indonesian, Malay, Portuguese, Spanish, Thai
Order Execution TypeMarket Execution, Instant ExecutionMarket Execution
Order TypesMarket Orders, Limit Orders, Stop Orders, Trailing StopsMarket Orders, Limit Orders, Stop Orders, Trailing Stops, One-Click Trading
Algorithmic TradingSupported with DMT5, API availableSupported with MT4/MT5, API available
Social Trading FeaturesCopy trading through proprietary appCopy trading with dedicated OctaFX app
ScalpingAllowed without restrictionsAllowed with some limitations on MT4
HedgingFully supportedFully supported
Trading SignalsIntegrated with MT5 and TradingViewIntegrated with MT4/MT5
VPS HostingAvailable for high-volume tradersAvailable for free upon request based on conditions
Trading ContestsWeekly and monthly contests for demo and real accountsRegular demo contests with cash prizes
Risk Management ToolsStop Loss, Take Profit, Margin Call Alerts, Risk CalculatorStop Loss, Take Profit, Margin Call Alerts
Lot Size RangeFrom 0.01 to 100 lotsFrom 0.01 to 200 lots
Asset ProtectionNegative balance protectionNegative balance protection
Execution SpeedLess than 50ms on averageLess than 100ms on average
Custom IndicatorsSupported on DMT5 and TradingViewSupported on MT4/MT5
PAMM/MAM AccountsNot offeredMAM accounts available
Market Analysis ToolsEconomic Calendar, Market News, Price AlertsEconomic Calendar, Market News, Technical Analysis
Leverage AdjustmentAdjustable based on risk profileAdjustable based on account type
Currency Pairs60+ pairs50+ pairs
Cryptocurrency Trading20+ cryptos including BTC, ETH, LTC, XRP30+ cryptos including BTC, ETH, LTC, XRP, ADA
Options TradingAvailable through Deriv XNot available
Synthetic IndicesExclusive offering (Volatility Indices, Crash/Boom Indices)Not available
Geographic RestrictionsNot available in certain jurisdictions (e.g., USA, Canada, Hong Kong)Not available in USA, Canada, and several other countries
Account Base CurrenciesUSD, EUR, GBP, AUD, BTCUSD, EUR, IDR, INR, NGN, MYR
Multilingual Support on Platform20+ languages15+ languages
Mobile TradingProprietary apps for iOS and AndroidMetaTrader apps for iOS and Android
Fees on Swap-Free AccountsAdministrative fee may applyNo fees, but limited instruments available
Automated Trading ToolsDbot (Drag-and-Drop Bot), Binary BotExpert Advisors (EAs) on MT4/MT5
Security Measures2FA, SSL encryption, Segregated funds2FA, SSL encryption, Segregated funds
Partnership ProgramsIB Program, Affiliate Program, White Label solutionsIB Program, Affiliate Program
Company TransparencyDetailed annual reports and financial statementsBasic company information available
Trailing Stop ExecutionAvailable on DMT5 and TradingViewAvailable on MT4/MT5
One-Click TradingIntegrated across platformsIntegrated on MT4/MT5
News TradingSupported without restrictionsSupported with caution on MT4/MT5
Swap FeesCompetitive rates, varies by instrumentCompetitive rates, varies by instrument
Stop Out Level50%20%
Mobile App FeaturesIntegrated charting, technical analysis tools, push notificationsFull MT4/MT5 functionality, push notifications
Backtesting CapabilityAvailable on DMT5Available on MT4/MT5
Timeframes Available1 minute to 1 month1 minute to 1 month
Chart TypesCandlestick, Bar, Line, Heikin AshiCandlestick, Bar, Line, Renko
Indicator Count90+ indicators50+ indicators
Margin Call Level100%80%
Tick ChartsAvailable on Deriv XNot available
Futures TradingNot offeredLimited availability on certain instruments
Deposit Processing TimeInstant for most methodsInstant for most methods
Withdrawal Processing Time1 business day for most methods1-3 business days depending on method
Rollover RatesTransparent, displayed on the platformDisplayed on MT4/MT5
Weekend TradingAvailable for synthetic indicesNot available
Grid TradingCan be executed with bots and scriptsCan be executed with EAs on MT4/MT5
Price AlertsCustomizable alerts on platformsAvailable on MT4/MT5
Lot RestrictionsNo restrictions on standard accountsRestrictions based on account type
Customer Support ChannelsLive chat, email, support ticket systemLive chat, phone, email
Community SupportActive forums and social media presenceActive forums and social media presence
Advanced Order TypesGood ‘til Canceled (GTC), Immediate or Cancel (IOC)Good ‘til Canceled (GTC), Fill or Kill (FOK)
API AccessWebSocket API for automated tradingFIX API for institutional traders
Risk Disclaimer TransparencyClearly displayed with detailed explanationsClearly displayed on the website
Trading Hours24/5 for most markets, 24/7 for synthetics24/5 for all markets
Funds SecuritySegregated accounts with top-tier banksSegregated accounts with reputable banks
Leverage on CryptosUp to 1:100Up to 1:25
Leverage on IndicesUp to 1:200Up to 1:100
Regulation TransparencyRegulatory licenses displayed on websiteRegulatory information accessible on request
Interactive ChartsAvailable on all platformsAvailable on MT4/MT5
Guaranteed Stop LossNot offeredNot offered
Manual Trading SupportComprehensive with educational resourcesComprehensive with webinars and guides
Spread TypeVariable spreadsVariable spreads
Tick Data AvailabilityAvailable for backtestingAvailable for backtesting
Access to Premium AnalysisAvailable through Deriv blog and TradingView integrationAvailable through market analysis reports
Asset Management ServicesNot offeredMAM accounts for asset management
Blockchain TransactionsSupported for deposits and withdrawalsSupported for deposits and withdrawals
Regulatory Audit FrequencyAnnual audits by external firmsAnnual audits by external firms
Insurance CoverageProfessional Indemnity InsuranceInvestor Compensation Fund for EU clients
Demo Account ExpiryNo expiryExpires after 60 days if inactive
Cross-Platform SynchronizationReal-time across desktop, web, and mobileReal-time across MT4/MT5 apps
Data Encryption Level256-bit SSL encryption256-bit SSL encryption
Server Location DiversityMultiple data centers globallyMultiple data centers in Europe and Asia
Data Privacy ComplianceGDPR complianceGDPR compliance
Affiliate Commission StructureCPA, Revenue Share, HybridCPA, Revenue Share
Islamic Account FeaturesNo swaps, administrative fee may applyNo swaps or hidden fees
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Deriv offers a broader range of instruments, lower minimum deposits, and unique features like synthetic indices, while OctaFX provides higher leverage on select assets and extensive copy trading options. Both brokers offer competitive spreads, reliable platforms, and comprehensive support.