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Deriv.com vs OspreyFX

Deriv.com vs OspreyFX Comparison Table 2024
Deriv.com OspreyFX
Review
4.4
Review
3

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.

OspreyFX is an ECN broker headquartered in St. Vincent and the Grenadines. Established in 2019, the firm offers 120+ forex and CFD assets with high leverage up to 1:500, tight spreads from 0.1 pips and round-the-clock customer support. OspreyFX also stands out for its funded trading accounts where traders can keep up to 70% of profits.

Customer Reviews
4.3
Based on 3 Deriv.com customer reviews
Bonus Offer
20% Discount [DayTrading.com Exclusive]
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. " "We recommend OspreyFX for day traders seeking a true ECN broker with high leverage, low spreads and ultra-fast execution speeds. The firm is also a good option for traders looking for funded accounts with a three-step process to secure funding and competitive profit splits."
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
  • Funded accounts up to $200k with 70/30 profit split
  • Full range of investments including cryptos
  • MetaTrader 4 and MetaTrader 5 integration
  • Range of base currencies including USD
  • Low latency with fast order executions
  • Tight spreads and low commissions
  • High leverage up to 1:500
  • 24/7 customer support
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
  • Weak regulation
  • Bank transfer deposit fee
  • US clients not accepted
  • Difficult to connect to customer service through chatbot
Instruments
CFDs, Multipliers, Forex, Stocks, Indices, Commodities Forex, Cryptos, Indices, Stocks, Commodities
Demo Account
Yes Yes
Minimum Deposit
$5 $10
Trading Platforms
  • Deriv Trader
  • MT5
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
MFSA, LFSA, VFSC, BFSC
Margin Trading
Yes Yes
STP Account
No Yes
ECN Account
No Yes
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
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.

The Forex Squad app is a free education tool with beginner-friendly training and content on a range of topics, including fundamental analysis, forex strategy and trading psychology. The app is free to download.
Android App Rating
4.5
2.2
iOS App Rating
4.2
Auto Trading
Expert Advisors (EAs) on MetaTrader, DBots Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
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.
Social Trading
No No
Trade Signals
DMT5
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No Yes
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
  • GBP
  • CAD
  • AUD
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. OspreyFX offers leveraged CFDs on forex, commodities, stocks, cryptos and indices. Deep liquidity is available from 50+ providers with a competitive ECN account that will suit active day trading strategies, including scalping.
Leverage
1:1000 1:500
FTSE Spread
0.5 0.5 pts
GBPUSD Spread
0.5 0.8 pips
Oil Spread
0.018 0.09 pips
Stocks Spread
0.07 0.4 pips
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. OspreyFX offers more than 50 major, minor and exotic currency pairs. Spreads start from just 0.1 pips on the EUR/USD and the broker provides a suite of forex trading education for beginners, including partnering with Forex Squad.
Forex App

The Forex Squad app is a free education tool with beginner-friendly training and content on a range of topics, including fundamental analysis, forex strategy and trading psychology. The app is free to download.
GBPUSD Spread
0.5 0.8 pips
EURUSD Spread
0.5 0.5 pips
EURGBP Spread
0.5 0.8 pips
Assets
30+ 57
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. OspreyFX offers a decent selection of crypto coins paired with USD, including Bitcoin. 1:10 leverage is available with starting deposits from just $10 and support for Expert Advisors (EAs).
Spread
From 0.5 Variable
Coins
  • BTC
  • LTC
  • ETH
  • USDT
  • USDC
  • BTC
  • DASH
  • EDO
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • OMG
  • SAN
  • XMR
  • XRP
  • ZEC
  • DOGE
  • SHIB
  • ADA
  • SOL
  • DOT
  • AVA
  • XLM
  • TRON
  • ETC
  • BNB
  • BCH
  • BAT
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
Review
Review
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