Deriv.com vs InstaForex

Deriv.com vs InstaForex Comparison Table 2024
Deriv.com InstaForex
4.4
3.7

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.

InstaForex is a forex and CFD broker founded in 2007. The broker offers diverse market coverage to over 7 million clients, spanning traditional assets like currencies and shares, as well as other interesting opportunities such as IPOs. Traders can also access copy trading services, PAMM accounts and investment opportunities. InstaForex is regulated by the BVI FSC.

Customer Reviews
4.3
Bonus Offer
Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses
Promotions

Claim A 100% Deposit Bonus At InstaForex

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. " "InstaForex maintains its position as a top forex broker, with more currency products than most rivals. The tight spreads and low minimum deposits make it accessible to all experience levels, especially those familiar with the MT4 and MT5 platforms."
Pros
  • 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
  • Deriv bolstered its short-term trading opportunities in 2024 with accumulator options on simulated indices featuring up to 5% growth rates
  • The low $5 minimum initial deposit suits those on a lower budget
  • InstaForex delivers a superb day trading environment, with the powerful MT4 and MT5 platforms offering dozens of technical analysis tools, automation capabilities and multiple order types
  • The broker is a particularly good pick for serious forex traders, with over 100 currency pairs, tight spreads from 0.0 pips and a market-leading selection of curated forex market resources
  • The broker is accessible for beginners, with low minimum deposits, Cent accounts (for global clients) and zero-commission trading available
  • There’s a copy trading service available with just a $10 minimum deposit, allowing clients to become both followers and providers
  • There’s a decent range of free and fast payment methods including local bank transfers, bank cards, e-wallets and cryptos
  • InstaForex has a strong industry reputation, with a 15+ year history and serving over 7 million clients
Cons
  • 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
  • The broker’s global branch offers weaker regulation via the offshore jurisdiction of the British Virgin Islands, which means non-EU traders will receive limited safeguards
  • Market coverage and account conditions vary significantly between the global and EU entities - for example, only 300+ instruments are available for global clients, whilst European traders can access 2500+
  • The broker’s website and client cabinet feel outdated and difficult to navigate for newcomers
Awards
  • Best Forex Broker, International Investor Awards 2022
  • Best Crypto Broker 2022, Forexing.com
  • Best Customer Service Broker 2022, AllForexBonus.com
  • Best Broker 2022 in Latin America, International Business Magazine
  • Best Affiliate Program 2022, GBM
  • Best Forex Broker 2022, International Investor Awards
  • Most Active Broker in Asia 2020, AtoZ Markets Forex Awards
  • Best Affiliate Program 2020, Global Brands Magazine
  • Best Broker in Asia 2019, Le Fonti Awards
  • Best Managed Account 2019, IAFT Awards
  • Best ECN Broker in Asia 2018, International Business Magazine
Instruments
CFDs, Multipliers, Forex, Stocks, Indices, Commodities CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities
Demo Account
Yes Yes
Minimum Deposit
$5
Trading Platforms
  • Deriv Trader
  • MT5
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots
Regulator
MFSA, LFSA, VFSC, BFSC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
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 No
Mobile Apps
iOS & Android iOS and Android + browser based platform
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
3.6
iOS App Rating
4.2
3.6
Auto Trading
Expert Advisors (EAs) on MetaTrader, DBots Yes
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. The Copy Trading facility at Instaforex is increasingly popular, due to the clear design and growing list of specialist traders and markets.
Social Trading
No Yes
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
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • USD
  • EUR
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. You can trade CFDs across a range of diverse markets with flexible account types and leverage up to . With access to both MT4 and MT5, day traders can execute multiple short-term CFD trading strategies using the dozens of pre-integrated technical indicators and graphical objects.
Leverage
1:1000
FTSE Spread
0.5
GBPUSD Spread
0.5 Av. Floating 0.6 pips
Oil Spread
0.018
Stocks Spread
0.07 Commissions as low as 0.1%
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. InstaForex's range of 100+ currency pairs is among the largest we have seen. ECN spreads are also available from 0.0 pips with zero commissions. Minimum deposits start from making the broker accessible for beginners. You can also access market-leading forex analysis and insights.
GBPUSD Spread
0.5 Av. Floating 0.6
EURUSD Spread
0.5 Av. Floating 0.2
EURGBP Spread
0.5 Av. Floating 0.5
Assets
30+ 1000+
Currency Indices
  • USD
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.
Spread
From 0.5 0.1%
Coins
  • BTC
  • LTC
  • ETH
  • USDT
  • USDC
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • and50+more
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
Deriv.com
vs
InstaForex
vs