Deriv.com vs IC Markets

Deriv.com vs IC Markets Comparison Table 2023
Deriv.com IC Markets
4.4
4.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

IC Markets is a respected multi-asset broker offering premium trading technology, highly competitive pricing and 24/7 customer support. The broker provides various social trading features for beginners whilst experienced day traders can enjoy advanced charting and analysis tools. Over 180,000 clients from more than 200 countries have signed up with the heavily regulated and trustworthy brand.

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. " "IC Markets offers a top-class environment for traders of all experience levels and strategies. Industry-leading platforms, superior pricing and flexible accounts will meet the needs of both beginners and active day traders."
Pros
  • Traders can use multipliers between 1 and 30, with take profit, stop loss and deal cancellation parameters
  • There's a good range of deposit and withdrawal methods with zero payment fees
  • The free demo account is ideal for practicing short-term trading strategies
  • Deriv offers fast and reliable round-the-clock support, including weekends
  • Beginners and experienced day traders can access a strong choice of charting platforms
  • The low $5 minimum deposit suits those on a lower budget
  • Low fees for active traders with spreads from 0.0 pips and zero commissions
  • Premium educational resources and trading tools including podcasts, forex calculators and tick charts
  • Beginner-friendly social trading features including IC Social, Myfxbook, Zulutrade and Signal Start
  • 15+ payment methods in 10 base currencies including PayPal and Skrill
  • Responsive 24/7 customer support plus an extensive help centre
  • Reliable MT4 and cTrader platforms with excellent charting packages
  • Fast order execution speed of under 40ms
  • High leverage up to 1:500
Cons
  • There's no loyalty program or rebate scheme for high volume traders
  • There are limited copy trading tools and analysis features compared to alternatives
  • There are fewer day trading markets available than some other brands
  • No bonus deals for new traders
  • Traders from the US not accepted
  • Two-factor authentication not available for extra account security
Awards
  • Best MT4/MT5 Broker 2023 - DayTrading.com
  • Best Forex Broker 2022 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Trading App 2020 - DayTrading.com
Instruments
CFDs, Multipliers, Forex, Stocks, Indices, Commodities CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Demo Account
Yes Yes
Minimum Deposit
$5 $200
Trading Platforms
  • Deriv Trader
  • MT5
  • MT4
  • MT5
  • cTrader
  • DupliTrade
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
MFSA, LFSA, VFSC, BFSC ASIC, CySEC, FSA
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No No
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS, Android & Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader, DBots Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade
Copy Trading
Yes Yes
Copy Trading Platform
Replicate the positions of experienced traders through signals on DMT5. Receive signals in real-time and decide whether to action trades in your own account. The IC Social app is easy-to-use and allows traders to learn, share and mirror positions in a few clicks. The app also hosts risk management tools and facilitates direct messaging and dedicated trading groups. Alternatively, IC Markets provides access to Signal Start, plus popular third-party copy trading tools - ZuluTrade and Myfxbook.
Social Trading
No No
Trade Signals
DMT5 Signal Start
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 Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on popular markets, including the broker's exclusive synthetic indices which are available 24/7. New users can open an account and start trading CFDs instantly. Trade CFDs 24/5 on popular markets including forex, commodities, indices, stocks and bonds. IC Markets offers deep liquidity, raw spreads and high leverage.
Leverage
1:1000 (Retail) 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FTSE Spread
0.5 1
GBPUSD Spread
0.5 0.5
Oil Spread
0.018 0.03
Stocks Spread
0.07 0.02
Forex Trading
Clients can go long or short on a string of major, minor and exotic currency pairs. Spreads are competitive vs alternatives starting at 0.5 pips. Forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader. Trade currencies with 0.0 pip spreads at one of the world's leading forex brokers. IC Markets is a great choice for serious traders with superior execution and low fees.
Forex App

IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps.

GBPUSD Spread
0.5 0.5
EURUSD Spread
0.5 0.1
EURGBP Spread
0.5 0.5
Assets
30+ 55+
Cryptocurrency
Deriv.com offers a modest selection of 25+ crypto pairs with tight spreads and zero commissions. 1:2 leverage is also available so you can magnify potential returns. IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet.
Spread
From 0.5 BTC 0.4%, ETH 1%
Coins
  • BTC
  • LTC
  • ETH
  • USDT
  • USDC
  • BTC
  • BCH
  • ETH
  • LTC
  • DASH
  • XRP
  • EOS
  • EMC
  • NMC
  • PPC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
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
More Comparisons
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