Deriv.com vs Saxo Bank
| Deriv.com | Saxo Bank |
|---|---|
4.4
|
4
|
|
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. |
Saxo Markets is a multi-award-winning trading brokerage, investment firm and regulated bank. With a huge 72,000+ trading instruments, plus investment products and managed portfolios, clients have no shortage of opportunities. The trusted brand also offers transparent pricing and top-tier regulatory protection from 10+ agencies including FINMA, FCA & ASIC. |
| Customer Reviews | |
|
4.3
Based on 3 Deriv.com customer reviews
|
4
Based on 1 Saxo Bank customer reviews
|
| 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. " | "Saxo is best for active traders and high-volume investors with an unrivalled selection of instruments alongside premium market research and fee rebates. The 190 currency pairs with tight spreads also make Saxo great for forex traders." |
| Pros | |
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| Cons | |
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| Instruments | |
| CFDs, Multipliers, Forex, Stocks, Indices, Commodities | Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | Vary by asset |
| Regulator | |
| MFSA, LFSA, VFSC, BFSC | DFSA, MAS, FCA, SFC |
| Margin Trading | |
| Yes | No |
| STP Account | |
| No | No |
| 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 | Yes |
| Mobile Apps | |
| iOS & Android | SaxoTraderGo (iOS, Android, Windows) |
| 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. |
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| Android App Rating | |
4.5 |
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| iOS App Rating | |
4.2 |
|
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, DBots | |
| 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 | Yes |
| 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 | Yes |
| Account Currencies | |
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| 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. | Trade 8,900+ CFDs spanning forex, stocks, indices, commodities, options and bonds with powerful tools and signals. |
| Leverage | |
| 1:1000 | 1:30 |
| FTSE Spread | |
| 0.5 | 1.2 pts (Variable) |
| GBPUSD Spread | |
| 0.5 | 0.7 (var) |
| Oil Spread | |
| 0.018 | 0.03 |
| Stocks Spread | |
| 0.07 | 0.10% (subject to min commission) |
| 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. | Tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips. |
| GBPUSD Spread | |
| 0.5 | 0.7 (varies by region) |
| EURUSD Spread | |
| 0.5 | 0.2 (varies by region) |
| EURGBP Spread | |
| 0.5 | 0.6 (varies by region) |
| Assets | |
| 30+ | 40+ |
| 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. | Trade cryptos against major fiat currencies or take a longer-term view with ETNs. |
| Spread | |
| From 0.5 | Variable |
| Coins | |
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| 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 |
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| More Comparisons | |
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Deriv.com vs |
Saxo Bank vs |