Deriv.com vs Bybit
| Deriv.com | Bybit |
|---|---|
4.4
|
3.1
|
|
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, multipliers and more recently accumulators, 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. |
Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018. |
| Customer Reviews | |
|
4.3
Based on 3 Deriv.com customer reviews
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| Bonus Offer | |
| Up To 4030 USDT Welcome Bonus | |
| Comment by Reviewer | |
| "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. " | "Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives." |
| Pros | |
|
|
| Cons | |
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| Instruments | |
| CFDs, Multipliers, Forex, Stocks, Indices, Commodities | Cryptos, Futures |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $0 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.001 Lots |
| Regulator | |
| MFSA, LFSA, VFSC, BFSC | |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | 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 | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | Yes |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | Yes (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, DBots | Via 3rd party software |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| 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. | Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge. |
| Social Trading | |
| No | No |
| Trade Signals | |
| DMT5 | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $25 | $0 |
| Islamic Account | |
| No | No |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| 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. | CFD trading not offered |
| Leverage | |
| 1:1000 | |
| FTSE Spread | |
| 0.5 | |
| GBPUSD Spread | |
| 0.5 | |
| Oil Spread | |
| 0.018 | |
| Stocks Spread | |
| 0.07 | |
| Forex Trading | |
| 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. | Forex trading not offered |
| GBPUSD Spread | |
| 0.5 | |
| EURUSD Spread | |
| 0.5 | |
| EURGBP Spread | |
| 0.5 | |
| Assets | |
| 30+ | |
| Cryptocurrency | |
| 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. | Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options. |
| Spread | |
| From 0.5 | Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1% |
| Coins | |
|
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | Yes |
| Crypto Staking | |
| No | Yes |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| 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. | Binary options trading not offered |
| Payout | |
| 100% | |
| Expiry Times | |
| 15 seconds to 365 days | |
| Ladder Options | |
| Yes | No |
| Boundary Options | |
| Yes | No |
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Deriv.com vs |
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