Deriv vs ThinkMarkets Comparison & Reviews

FeatureDerivThinkMarkets
Founded Year19992010
HeadquartersMaltaAustralia
RegulationMFSA (Malta), VFSC (Vanuatu), FSC (British Virgin Islands), FSA (Malaysia)FCA (UK), ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), JFSA (Japan), FSA (Seychelles), DFSA (Dubai), FMA (New Zealand)
Minimum Deposit$5No minimum for Standard account; $500 for ThinkZero account
Trading PlatformsMT5, Deriv X, Deriv Trader, Deriv GO, cTrader, DBot, SmartTraderMT4, MT5, ThinkTrader
Available MarketsForex, Metals, Indices, Energy, Cryptocurrencies, Stocks, ETFs, OptionsForex, Metals, Indices, Energy, Cryptocurrencies, Stocks, Soft Commodities
Number of Instruments100+3,500+
Account TypesStandard, Swap-FreeStandard, ThinkZero, Islamic
SpreadsFixed spreads; Forex spreads from 0.1 pipsVariable spreads; Forex spreads from 0.0 pips on ThinkZero account
Commission ChargesNo commissions on Forex and MetalsNo commission on Standard account; $3.5 per lot per side on ThinkZero account
LeverageUp to 1:1000Up to 1:500
Copy TradingSupported via MQL5 Signals and cTrader CopyNot specified
Automated TradingSupported on MT5 and cTrader platformsSupported on MT4 and MT5 platforms
Educational ResourcesLimited educational materialsMarket news, webinars, and educational resources available
Customer Support24/7 live support24/6 live support; free VPS service (T&Cs apply)
Islamic AccountsAvailableAvailable
Demo AccountsAvailableAvailable
Deposit & Withdrawal MethodsWebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Perfect Money, FasaPay, Cryptocurrencies (e.g., Bitcoin, Ethereum, Tether), paysafecard, AdvCash, AstroPay, USD Coin (USDC)Credit/debit cards, Neteller, Skrill, Wire transfer, Crypto, FasaPay, Perfect Money, WebMoney
Negative Balance ProtectionYesYes
VPS HostingNot specifiedFree VPS service available (T&Cs apply)
Trading ToolsTrading Journal, Copy Trading via MQL5 and cTrader CopyAutoChartist, Market News, Webinars
Mobile TradingDeriv GO mobile app availableThinkTrader mobile app available
Promotions & BonusesNot specifiedNot specified
Social TradingAvailable via Binary Bot and DTraderSupported via ZuluTrade integration
Execution SpeedFast execution with no dealing deskUltra-fast execution with Equinix NY4 data centers
Order TypesMarket, Limit, Stop, Trailing Stop, One-Click TradingMarket, Limit, Stop, Trailing Stop, One-Click Trading, OCO (One Cancels the Other)
Security MeasuresTwo-factor authentication (2FA), SSL encryption, Segregated accountsTwo-factor authentication (2FA), SSL encryption, Segregated accounts, Investor Compensation Fund (ICF) for CySEC clients
Charting ToolsAdvanced charting with multiple timeframes, Technical indicators, Customizable layoutsAdvanced charting with over 80 indicators, Multiple chart types, AutoChartist integration
Trading AlertsPrice alerts and notifications on MT5 and Deriv GOPrice alerts and notifications on ThinkTrader
Scalping and HedgingPermittedPermitted
API TradingProprietary API for developersFIX API available for institutional and professional traders
Risk Management ToolsGuaranteed stop-loss orders (GSLO) not availableGuaranteed stop-loss orders (GSLO) available on select accounts
Lot Size FlexibilityMicro lots (0.01 lot) availableMicro lots (0.01 lot) available
Market Analysis ToolsLimited in-house analysis, MT5 market toolsIn-depth market analysis, News feeds, Economic calendar
Slippage ControlMinimal slippage during high volatilityLow slippage with advanced order execution
CFDs AvailableForex, Commodities, Cryptos, Indices, Synthetic IndicesForex, Commodities, Cryptos, Indices, Shares, ETFs
Swap FeesVariable, swap-free accounts availableCompetitive swaps, swap-free accounts available
Affiliate ProgramAvailable with multi-tier commission structureAvailable with competitive commission rates
Partnership ProgramsIB (Introducing Broker), Affiliate, and API partner programsIB (Introducing Broker), White Label, and Affiliate programs
Trading ContestsOccasional contests and promotionsOccasional trading contests with cash prizes
Innovation in TradingBinary options trading with advanced risk managementAccess to exclusive trading tools like Trade Interceptor
User InterfaceUser-friendly with customizable dashboardsIntuitive interface with ThinkTrader’s 200+ indicators
Backtesting CapabilityAvailable on MT5 via Strategy TesterAvailable on MT4 and MT5 via Strategy Tester
Supported Languages20+ languages including English, French, Spanish, Arabic, Chinese10+ languages including English, Spanish, Arabic, Chinese, Thai
Community SupportActive community forums and resourcesActive community with webinars and support
Web-Based TradingAvailable via Deriv WebTrader and SmartTraderAvailable via WebTrader for MT4 and MT5
Algorithmic TradingSupported via Dbot and APISupported via Expert Advisors (EAs) on MT4 and MT5
Cloud-Based SolutionsLimited cloud-based functionalitiesThinkTrader offers cloud-based alerts and syncing
Custom IndicatorsSupported on MT5Supported on MT4 and MT5, with MQL Marketplace access
Deposit Processing TimeInstant for e-wallets and crypto, 1-3 days for bank transfersInstant for e-wallets and crypto, 1-3 days for bank transfers
Withdrawal Processing Time1-3 business days for most methods24 hours for e-wallets, 3-5 business days for bank transfers
Tax Optimization ToolsBasic tools for tracking profitsAdvanced tax reporting and profit-tracking tools
Spread BettingNot availableAvailable for UK clients
Tick TradingSupported on SmartTraderNot supported
PAMM/MAM AccountsNot availableMAM and PAMM accounts available for fund managers
Integration with Third-Party ToolsLimited integration with external toolsIntegrates with Myfxbook, AutoChartist, Trading Central
Order Execution PolicyNo dealing desk, direct executionNo dealing desk, ECN and STP execution models
Funding CurrenciesUSD, EUR, GBP, BTC, ETH, and othersUSD, EUR, GBP, AUD, JPY, and others
Weekend TradingAvailable for synthetic indicesLimited to cryptocurrencies
Seasoned Trader FeaturesOptions for complex strategies, volatility indicesAccess to ECN accounts, lower latency, VIP services
Account CustomizationLimited customization optionsCustomizable account types and leverage settings
Transaction FeesNo deposit fees, variable withdrawal feesNo deposit fees, low withdrawal fees for most methods
Mobile App FeaturesReal-time charts, push notifications, risk management toolsAdvanced charting, cloud sync, risk management, alerts
Trade TypesDigital options, multipliers, CFDsCFDs, Forex, Cryptos, Spread Betting
Trading CompetitionsOccasional internal contestsFrequent contests with cash rewards
Client Fund SecuritySegregated client funds, insurance protectionSegregated accounts, ICF protection for CySEC clients
Historical Data AccessAvailable on MT5Available on MT4, MT5, and ThinkTrader with extensive data
Trading Volume RequirementsNo strict requirementsVolume-based rewards for high-frequency traders
Financial Statements AccessBasic reporting toolsDetailed financial statements and P&L analysis
Inactive Account FeesApplicable after 12 months of inactivityApplicable after 90 days of inactivity
Broker Assisted TradingNot availableLimited broker-assisted trading options
Interest on Free MarginNot providedNot provided
Corporate AccountsAvailable upon requestAvailable with additional features
IP Whitelisting for APISupported for enhanced securitySupported for FIX API clients
Migration AssistanceBasic support for platform migrationComprehensive assistance for migrating to MT4 or MT5
Local Bank TransfersSupported in select regionsSupported in multiple regions, including Asia-Pacific
See also  eToro vs Alpari Comparison & Reviews

Deriv offers a versatile trading experience with low minimum deposits and multiple platforms, while ThinkMarkets provides a broad asset range, advanced tools, and professional-grade features. Both cater to different trading needs with distinct advantages.