Feature | Deriv | ZuluTrade |
---|---|---|
Established | 1999 | 2007 |
Regulation | Regulated by MFSA, VFSC, and FSC. | Regulated by HCMC, FSCA, JFSA, and CFTC (for U.S. clients). |
Trading Platforms | DTrader, DBot, SmartTrader, Deriv MT5, Deriv X. | ZuluTrade Web Platform, ZuluTrade Mobile App, MetaTrader 4 (MT4), MetaTrader 5 (MT5). |
Assets Available | Forex, Commodities, Synthetic Indices, Cryptocurrencies, Stocks, Indices. | Forex, Cryptocurrencies, Stocks, Commodities, Indices, ETFs. |
Social Trading | No direct social trading features. | Yes, extensive social trading network and copy trading. |
Copy Trading | Available via MT5 with limited functionalities. | Core feature with leaderboards, performance metrics, and custom risk management. |
Leverage | Up to 1:1000 (varies by asset and regulation). | Up to 1:500 (varies by asset and regulation). |
Minimum Deposit | $5 (varies by payment method). | $100 for most brokers integrated with ZuluTrade. |
Trading Fees | Low spreads, no commission for certain accounts, swap fees applicable. | Variable spreads, commission per trade (varies by broker), performance fees for copy trading. |
Account Types | Standard, Financial STP, Synthetic. | Classic, Profit Sharing (for copy trading), Demo Account. |
Demo Account | Yes, unlimited virtual funds. | Yes, unlimited virtual funds. |
Automated Trading | Available through DBot and MT5. | Available via ZuluScripts and integration with MT4/MT5 EAs. |
Educational Resources | Webinars, tutorials, blog articles, limited compared to competitors. | Extensive resources including webinars, tutorials, and trader performance analytics. |
Mobile App | Yes, for Android and iOS, supports all major platforms. | Yes, for Android and iOS, supports copy trading and portfolio management. |
Deposit Methods | Bank transfer, credit/debit cards, e-wallets (Skrill, Neteller), cryptocurrencies. | Bank transfer, credit/debit cards, e-wallets (PayPal, Skrill, Neteller). |
Withdrawal Methods | Same as deposit methods, processing time varies by method. | Same as deposit methods, processing time varies by broker. |
Security Features | 2FA, SSL encryption, segregated client funds. | 2FA, SSL encryption, broker-level security measures. |
Customer Support | 24/7 live chat, email support, no phone support. | 24/5 live chat, email support, phone support. |
Supported Languages | English, French, Spanish, Portuguese, and more. | English, French, Spanish, German, and more. |
Integration with Brokers | Proprietary platforms only, limited third-party integration. | Integrates with multiple brokers worldwide (including MT4 and MT5). |
Regulated Jurisdictions | Europe, Asia, Africa, Latin America. | Europe, Asia, Africa, North America, Oceania. |
Advanced Trading Tools | Charting tools, risk management features, trading bots. | Advanced analytics, trader performance metrics, copy trading risk management. |
Transaction Fees | No deposit fees, withdrawal fees vary by method. | Fees depend on broker, potential fees for withdrawals and deposits. |
Best For | Beginner to intermediate traders, those seeking synthetic indices. | Traders interested in copy trading and social trading. |
Overall Reputation | Reliable for diverse asset trading, growing user base. | Leading copy trading platform with a strong global presence. |
Algorithmic Trading Support | Supports DBot for drag-and-drop bot creation and Python API for custom scripts. | Supports ZuluScripts for custom strategies and integration with MT4/MT5 Expert Advisors (EAs). |
Synthetic Indices | Offers proprietary synthetic indices that simulate market conditions, 24/7 availability. | Does not offer synthetic indices, focuses on real-market assets only. |
Volatility Indices | Provides unique volatility indices like VIX 75 with high leverage and low spreads. | Not available, focuses on traditional assets. |
Spread Types | Offers both fixed and variable spreads based on account type and asset class. | Primarily variable spreads, dependent on integrated broker policies. |
Commission Structure | Commission-free trading for most accounts, swap fees apply for overnight positions. | Performance-based commission for copy trading and spreads per trade. |
Scalping and Hedging | Allows both scalping and hedging without restrictions. | Supports both, but conditions depend on the broker integrated. |
Trade Execution Speed | Fast execution with minimal slippage, particularly for synthetic indices. | Execution speed varies by broker, generally optimized for copy trading. |
Market Sentiment Tools | Lacks advanced sentiment analysis tools. | Offers sentiment analysis based on top trader positions and strategies. |
Trailing Stops and Advanced Orders | Supports trailing stops, take profit, and stop-loss orders. | Provides trailing stops, stop loss, take profit, and multiple order types. |
API Access | Provides WebSockets API and Python API for automated trading. | Offers REST API for developers and integration with third-party tools. |
Trade History Transparency | Detailed trade history with performance analytics on the platform. | Full transparency of historical trades of signal providers and performance metrics. |
Risk Management Features | Custom risk levels, margin calls, stop-outs, risk assessment tools. | Comprehensive risk management for copy trading, including lot size control and risk percentage settings. |
User Interface | Simple and beginner-friendly, focuses on ease of use. | Advanced UI with detailed analytics, leaderboards, and customizable dashboards. |
Profit Sharing Options | Not available directly, profit retention depends on the trader’s strategy. | Offers profit-sharing accounts with a performance fee model for signal providers. |
Geographic Availability | Accepts clients from most regions excluding certain restricted countries. | Broad availability but limited in the U.S. due to regulatory constraints. |
Inactivity Fees | No inactivity fees charged. | Charges inactivity fees based on broker policies. |
Order Execution Model | Market maker and STP (Straight Through Processing) models. | Depends on the broker, commonly STP and ECN models. |
Bonus and Promotions | Occasionally offers bonuses, no-deposit bonuses rare, region-specific offers. | No direct bonuses, relies on broker-specific promotions. |
Stop Out Level | Typically set at 50% of margin level, varies by account type. | Varies by broker, generally between 20% to 50%. |
Trading Competitions | Occasionally organizes trading contests with cash prizes. | Does not directly offer competitions but ranks top traders based on performance. |
Multi-Currency Accounts | Supports multi-currency accounts including USD, EUR, GBP, and cryptocurrencies. | Supports multi-currency accounts, currency depends on integrated brokers. |
Funding Speed | Immediate funding for e-wallets and cryptocurrencies, bank transfers take longer. | Funding speed depends on broker, generally fast for e-wallets and cards. |
Withdrawal Processing Time | 1–3 business days for most methods, faster for cryptocurrencies. | 1–5 business days, varies by broker and withdrawal method. |
Analytics and Reporting Tools | Basic analytics with trade history and performance reports. | Advanced analytics with comprehensive trader performance metrics and detailed reports. |
Partnership and Affiliate Programs | Offers affiliate programs with commissions based on referred clients’ activity. | Extensive affiliate and introducing broker programs with performance-based payouts. |
Support for Islamic Accounts | Provides swap-free Islamic accounts. | Offers Islamic accounts, swap-free options depend on the broker. |
Charting Capabilities | Integrated charting tools with indicators on DTrader and Deriv MT5. | Advanced charting via MT4/MT5 and ZuluTrade web platform with technical indicators. |
Execution Type | Instant execution for synthetic indices, market execution for forex and others. | Market execution, varies based on integrated brokers. |
Order Modification | Supports order modification including stop loss and take profit adjustments. | Allows modification of copied trades and custom risk parameters. |
Web-Based Trading Platform | DTrader and SmartTrader are browser-based, no download required. | ZuluTrade is fully web-based with no download needed. |
Leverage Customization | Allows users to adjust leverage based on asset and account type. | Leverage settings depend on the integrated broker's policy. |
Investment Portfolio Management | Basic portfolio view with profit/loss and asset breakdown. | Comprehensive portfolio management with diversification options and performance tracking. |
Trade Volume Requirements | No minimum trade volume requirements, flexible lot sizes. | No specific volume requirements but depends on the broker’s terms. |
Swap-Free Features | Swap-free for Islamic accounts only. | Swap-free available for Islamic accounts, broker-dependent. |
Spreads on Major Pairs | Competitive spreads, starting from 0.5 pips on major forex pairs. | Variable spreads, typically starting from 1.0 pips depending on the broker. |
Custom Indicator Support | Limited support for custom indicators on Deriv MT5. | Supports custom indicators via MT4/MT5 plugins and ZuluScripts. |
Mobile Trading Features | Mobile apps offer charting, order management, and notifications. | Full mobile support with trade copying, analytics, and alerts. |
Client Segregation of Funds | Maintains segregated accounts for client funds as per regulations. | Segregation of funds depends on broker regulation. |
Tax Reporting Tools | No dedicated tax reporting tools. | Provides basic tax reporting data, broker-dependent. |
PAMM and MAM Accounts | Does not offer PAMM or MAM accounts. | Supports PAMM and MAM accounts through certain brokers. |
Referral Programs | Offers a straightforward referral program with commission-based payouts. | Extensive referral and affiliate programs with performance-based earnings. |
Cloud-Based Trading | No cloud-based solutions, relies on local or VPS hosting for automated trading. | Cloud-based infrastructure for trade execution and copy trading. |
Multilingual Support | Platform available in multiple languages, support limited to main languages. | Extensive language support for platform and customer service. |
Account Verification Process | Standard KYC requirements, usually takes 1–3 days. | KYC process broker-dependent, typically 1–5 days. |
Contests and Challenges | Occasionally runs trading contests with cash and bonus prizes. | Does not host contests directly but ranks traders on leaderboards. |
News Feed Integration | No direct news feed integration. | Integrated market news and updates for informed trading. |
Position Size Calculator | Lacks an in-built position size calculator, requires manual calculation or external tools. | Provides position size and risk calculators for copy trading. |
User Ratings and Reviews | Lacks a built-in rating system, reviews available on third-party sites. | Comprehensive trader rating and review system based on performance and risk level. |
Market Depth Visibility | Limited to Deriv MT5, not available on DTrader or SmartTrader. | Available through MT4/MT5 integration, broker-dependent. |
Pending Orders Types | Supports limit, stop, stop limit, and trailing stop orders. | Extensive support for pending orders including limit, stop, and OCO (One Cancels the Other). |
Margin Requirements | Varies by asset class and leverage, detailed in the account settings. | Broker-dependent margin requirements, generally displayed transparently. |
Trading Restrictions | No major restrictions, allows high leverage and all strategies. | Some restrictions based on broker’s regulatory status, especially for U.S. clients. |
Social Interaction Features | No built-in social features aside from basic community forums. | Extensive social features including comments, likes, and strategy discussions. |
Custom Alerts and Notifications | Custom alerts for price movements and trade conditions. | Advanced alerts for trade copying, performance, and risk management. |
Withdrawal Limits | No strict withdrawal limits, but minimum amounts vary by method. | Withdrawal limits set by brokers, typically flexible. |
Geopolitical Risk Hedging | No direct tools for geopolitical risk management. | Offers strategies focusing on risk hedging through copy trading. |
Leaderboard and Rankings | No leaderboard system for traders. | Detailed leaderboards ranking traders by performance, risk, and follower count. |
Lot Size Options | Micro, mini, and standard lot sizes available. | Micro, mini, and standard lot sizes offered through most integrated brokers. |
Market Maker or ECN | Operates as a market maker with STP options for certain accounts. | ECN and STP execution through integrated brokers. |
Trading Community Engagement | Limited engagement options outside of support and occasional webinars. | Active community with discussions, feedback, and strategy sharing. |
Speed of Trade Execution for Copy Trades | N/A, limited to standard trade execution. | Optimized for fast execution of copy trades, minimal latency. |
API Key Management | Supports API keys for automated trading via Python API. | Secure API key management for integration with third-party tools and custom strategies. |
VPS Hosting | Offers VPS for MT5 with conditions. | VPS available for copy trading and automated strategies, often broker-provided. |
Broker Integration Fees | No integration with external brokers, proprietary platforms only. | No direct fees, integration costs vary by broker. |
Advanced Hedging Techniques | Supports multiple hedging techniques, including grid and martingale strategies. | Facilitates advanced hedging through copy trading and custom strategies. |
Contingent Orders | Supports contingent orders such as OCO and conditional close. | Advanced contingent orders available, broker-dependent. |
Cross-Platform Synchronization | Limited to Deriv's platforms, sync across web, mobile, and desktop. | Seamless cross-platform sync including web, mobile, MT4, and MT5. |
Deriv excels in synthetic indices and beginner-friendly platforms, while ZuluTrade leads in copy trading and social trading features, making them suitable for different trading preferences.