FXTM vs Deriv.com

FXTM vs Deriv.com Comparison Table 2024
FXTM	Deriv.com
Review 4	Review 4.6
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available binary options brokers
FXTM is a top-rated forex and CFD broker established in 2011 and operating across 4 continents. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ day trading markets and three account types, they cater to all levels of trader.	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.
Customer Reviews
	4.3 Based on 3 Deriv.com customer reviews
Bonus Offer
30% up to $100 via Exinity Ltd
Comment by Reviewer
"FXTM is a good pick for day traders seeking low forex commissions on the MetaTrader 4 platform. That said, the range of other assets is not extensive for those looking to diversify, especially stocks and cryptocurrencies."	"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. "
Pros
The broker delivers an excellent charting environment for day traders, with over 30 technical tools offered in the MT4 platform, plus a range of additional platform indicators for monitoring spreads, orders, pivot levels and more Beginners can access a strong range of free educational materials and short-term market insights, including a podcast hosted by the brand’s expert team FXTM offers free VPS hosting for active day traders looking for 24/7 uninterrupted connection with up to 99.9% uptime The broker has a good reputation with multiple industry awards and oversight from top-tier regulators like the CySEC Customer support is reliable and available in 30+ languages, making FXTM a top choice among global traders Negative Balance Protection is available to clients registering with the EU and UK entities	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 Deriv X now features TradingView integration for a modern trading experience with a superior charting package The low $5 minimum initial deposit suits those on a lower budget
Cons
It’s a shame that ETFs and bond products are not available, and the selection of stocks is not extensive compared to competitors like AvaTrade Spreads are mediocre in the commission-free accounts, with typical EUR/USD spreads around 1.9 pips - the industry average is around 1.2 pips Withdrawal fees apply, including a 30 EUR fee on bank wire withdrawals There are limited e-wallet payment options compared to alternatives	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
Awards
Best Trading Experience 2021 - World Finance Awards Best Online Leveraged Trading Services 2021 - Global Business Awards Best Forex Education Partner Nigeria 2021 - World Business Outlook Best Trading Experience 2020 - World Finance Awards Best ECN Broker 2020 - DayTrading.com
Instruments
Forex, CFDs, Indices, Commodities, Stocks	CFDs, Multipliers, Forex, Stocks, Indices, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$200	$5
Trading Platforms
FXTM App MT4 MT5	Deriv Trader Deriv X MT5 TradingView
Payment Methods
Credit Card GlobePay Google Wallet Maestro Neteller PayRedeem Perfect Money Skrill Visa WebMoney Western Union	Volet Airtm AstroPay Banxa Boleto Credit Card Diners Club FasaPay JCB Card JetonCash Maestro Mastercard Neteller Paysafecard Paytrust Perfect Money Przelewy24 Skrill Sticpay Trustly Visa WebMoney Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC, FCA, FSCA, FSC, CNMV	MFSA, LFSA, VFSC, BFSC
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.	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
4.4	4.5
iOS App Rating
4.8	4.2
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader, DBots
Copy Trading
No	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.
Social Trading
No	No
Trade Signals
Yes	DMT5
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5	$25
Islamic Account
Yes	No
Account Currencies
USD EUR GBP	USD EUR GBP AUD
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq National Stock Exchange Of India S&P 500	Australian Securities Exchange (ASX) Dow Jones Japan Exchange Group Nasdaq New York Stock Exchange
Commodities
Gold Natural Gas Oil Precious Metals Silver	Gold Oil Precious Metals Silver
CFD Trading
FXTM’s CFD offering spans 250+ forex, stocks, commodities and indices, plus crypto CFDs at the global entity. Leverage up to 1:30 is available from the CySEC-regulated branch, though highly seasoned traders can also access massive 1:2000 rates from the global entity.	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.
Leverage
1:2000	1:1000
FTSE Spread
1.3	0.5
GBPUSD Spread
0.2	0.5
Oil Spread
5.0	0.018
Stocks Spread
0.1	0.07
Forex Trading
FXTM offers a strong range of 60+ currency pairs - more than many competitors including AvaTrade. There’s also 6 currency indices for day traders looking to diversify their forex portfolios. The brand’s ECN account offers competitively low spreads from 0 pips, with equally low commissions up to $2 per lot.	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 App
FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.
GBPUSD Spread
0.2	0.5
EURUSD Spread
0.1	0.5
EURGBP Spread
0.6	0.5
Assets
50+	30+
Currency Indices
USD EUR GBP JPY AUD NZD
Cryptocurrency
Cryptocurrency CFDs are available on 11 popular digital coins for those using the international entity. Bitcoin is available, alongside popular altcoins like Avalanch and Dogecoin. Spreads are floating and minimum lot sizes from 0.01 are available.	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
Variable	From 0.5
Coins
BTC ETH LTC XRP	BTC LTC ETH USDT USDC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	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.
Payout
	100%
Expiry Times
	15 seconds to 365 days
Ladder Options
No	Yes
Boundary Options
No	Yes

Review	Review