DCFX vs Deriv.com

DCFX vs Deriv.com Comparison Table 2024
DCFX Deriv.com
3.3
4.4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

DCFX is a global forex and CFD broker. The broker offers standard retail trading services from its global branch, as well as innovative technology and prime liquidity solutions for professional clients from its UK branch. Depending on location, traders can access up to 80+ forex, indices, cryptos, commodities and futures on the MetaTrader 5 platform.

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs and multipliers, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

Customer Reviews
4.3
Comment by Reviewer
"With DCFX’s dedication to technology, low latency execution and end-to-end solutions, I would recommend this broker to professional UK-based forex traders looking for a powerful FIX API and the MT5 platform. Alternatively, the Standard account at the global branch will suit beginners looking for fixed spreads and copy-trading features. However, the lack of regulation at this branch is a drawback." "Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. "
Pros
  • UK traders will benefit from top-tier FCA regulation, with access to the Financial Services Compensation Scheme and negative balance protection
  • The news section at DCFX is comprehensive, with a real-time feed featuring articles and videos from top-tier sources including Bloomberg and Yahoo Finance, as well as an economic calendar
  • The broker offers raw spread accounts with forex spreads from 0.0 pips, high leverage for experienced investors and zero commission trading available
  • I was happy with the broker’s reliable 24/5 customer support via live chat, plus tailored support services for professional clients at the UK branch
  • I was really pleased to see a user-friendly copy-trading service with useful P&L visuals and transparent data
  • Traders can use multipliers between 1 and 30, with take profit, stop loss and deal cancellation parameters
  • There's a good range of fast deposit and withdrawal methods with zero payment fees and low minimum deposits
  • The free demo account is ideal for practicing short-term trading strategies and no registration is required
  • Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient
  • Beginners and experienced day traders can access a good range of 20+ technical indicators in Deriv Trader vs 30+ in MT5
  • The low $5 minimum initial deposit suits those on a lower budget
Cons
  • I’m disappointed that the global branch is unregulated, meaning clients won’t have the same financial protections as those registering with the FCA-regulated branch
  • It’s a shame that the broker’s overall market coverage is quite narrow for global clients, with even fewer assets available for UK clients
  • Raw spreads are only accessible to experienced or professional clients who can afford the higher minimum deposit requirements
  • There are limited copy trading tools and analysis features compared to alternatives like IQ Cent
  • The range of 100+ assets trails some competitors such as Quotex which offers 400+
  • There's no loyalty program or rebate scheme for high volume traders
Awards
  • Best Trade Execution 2020 - Global Forex Awards
Instruments
CFDs, Forex, Commodities, Shares, Indices, Cryptocurrencies CFDs, Multipliers, Forex, Stocks, Indices, Commodities
Demo Account
Yes Yes
Minimum Deposit
$30 $5
Trading Platforms
  • MT5
  • Deriv Trader
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA MFSA, LFSA, VFSC, BFSC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
App Review

Deriv GO shines with its straightforward app design and diverse trading opportunities, from traditional markets to custom indices that simulate real-world markets and offer 24-hour trading, including on weekends. The in-app chat assistance, which can’t be found at many alternatives, is also fast and reliable, providing an important layer of support for new users.

Android App Rating
4.5
iOS App Rating
4.2
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader, DBots
Copy Trading
Yes Yes
Copy Trading Platform
I think DCFX’s copy-trading app is an excellent choice for newcomers who want to copy the strategies of other users and learn about the markets through the experience of others. You can view the profit stats of each signal provider within the user-friendly dashboard. Alternatively, traders can sign up to be signal managers themselves. Deriv allows clients to replicate the positions of experienced traders through signals on DMT5. You can receive signals in real-time and decide whether to action trades in your own account. The best part is that the process of copying is fully automated, which is ideal for beginners seeking a hands-off approach.
Social Trading
No No
Trade Signals
MetaTrader DMT5
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$25
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • AUD
Stock Exchanges
Commodities
CFD Trading
CFDs are available with high leverage up to 1:1000 at the global branch, covering forex, commodities, indices, stocks and cryptos. Minimum deposits start from $30, though I found that experienced traders who can deposit $3000 will access the most competitive Raw CFD spreads. I was glad to see the MT5 platform available for all clients, which offers comprehensive charting features. You can trade CFDs on popular markets, including the broker's exclusive synthetic indices which are available 24/7. There are plenty of charting tools available for technical traders, including over 20 indicators in the Deriv Trader platform. New users can also open an account and start trading CFDs instantly.
Leverage
1:30 (UK Standard), 1:100 (UK Zero), 1:1000 (Global) 1:1000
FTSE Spread
From 0.0 0.5
GBPUSD Spread
From 0.0 0.5
Oil Spread
From 0.0 0.018
Stocks Spread
From 0.0 0.07
Forex Trading
My tests uncovered around 30 currency pairs at DCFX, spanning all the popular majors and minors with zero commissions. This selection is below the industry average, however, very competitive raw spreads from 0.0 pips are available for experienced clients thanks to the broker’s prime liquidity aggregation engine. I’m also pleased to see comprehensive forex market news updates from top-tier sources including Bloomberg. Clients can go long or short on a string of major, minor and exotic currency pairs. Spreads on EUR/USD are competitive at 0.5 pips, only marginally trailing the 0.4-pip spreads at alternatives like Alpari. Forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader.
GBPUSD Spread
From 0.0 0.5
EURUSD Spread
From 0.0 0.5
EURGBP Spread
From 0.0 0.5
Assets
25+ 30+
Cryptocurrency
I found 8 of the most popular crypto USD pairs available for global clients only, including BTCUSD, ETHUSD and SOLUSD. This isn’t the widest range but aligns with most similar brokers. Commissions are 0.4% per lot for both account types and I was pleased to see that all trading strategies and styles are permitted in the MT5 platform. Deriv.com continues to offer a strong selection of 30+ crypto pairs - this is more than double the range offered at our leading competitor, IQ Cent. 1:2 leverage is also available so you can magnify potential returns, and there are no commissions which is ideal for newer day traders.
Spread
From 0.1 From 0.5
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • DOT
  • AVA
  • BNB
  • SOL
  • BTC
  • LTC
  • ETH
  • USDT
  • USDC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year on a secure platform with responsive customer support.
Payout
100%
Expiry Times
15 seconds to 365 days
Ladder Options
No Yes
Boundary Options
No Yes
More Comparisons
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