Q8 Trade vs Deriv.com

OANDA vs Deriv.com Comparison Table 2023
Q8 Trade vs Deriv.com	Deriv.com
Review 4.5 OANDA is #1 in our broker rankings.	Review 4.4
Traders from US accepted	Traders from US not accepted
OANDA offers 70 forex pairs with two competitive pricing models and a substantial welcome deposit bonus	Deriv.com offers CFDs and multipliers with 1:1000 leverage. Get access to volatility indices exclusively at Deriv.
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
Awards
Best US Broker 2023 - DayTrading.com Best Trading Tools winner (Online Personal Wealth Awards 2021) Awarded highest overall client satisfaction (Investment Trends 2021 US Leverage Trading Report, Margin Forex) Awarded highest client satisfaction for mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex) Voted Most Popular Broker 2021 (TradingView Broker Awards) Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards)
Promotions
Double Your Deposit With The World Forex Welcome Bonus CloseOption Runs Weekly Trading Contest With $3K Prize Pot Get Up To $2000 When You Join tastytrade
Bonus
$5,000 welcome bonus with a deposit of $500
Instruments
Forex	CFDs, Multipliers, Forex, Stocks, Indices, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$0	$5
Payment Methods
Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits	1ForYou ADVcash Airtm AstroPay Banxa Boleto Credit Card Diners Club FasaPay JCB Card Maestro Mastercard Neteller Paysafecard Paytrust Perfect Money Skrill Sticpay Trustly Visa WebMoney Wire Transfer
Minimum Trade
$0	0.01 Lots
Regulator
CFTC, NFA	MFSA, LFSA, VFSC, BFSC
Margin Trading
Yes	Yes
MetaTrader 4
Yes	No
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
Yes	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	No
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
No	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
FxTrade, MT4	iOS & Android
Auto Trading
EAs	DBot
Copy Trading
No	Yes
Copy Trading Platform
	Replicate the positions of experienced traders through signals on DMT5
Social Trading
No	No
Trade Signals
	DMT5
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Islamic Account
No	No
Account Currencies
USD EUR GBP CAD AUD JPY CHF HKD SGD	USD EUR GBP AUD
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng London Stock Exchange Nasdaq Russell 2000	Australian Securities Exchange Dow Jones Japan Exchange Group Nasdaq New York Stock Exchange
Commodities
Copper Corn Gold Palladium Platinum Silver Wheat	Gold Oil Precious Metals Silver
CFD Trading
CFD trading not offered	Make leveraged CFD traders with tight spreads and zero commission
Leverage
1:30 EU, 1:200 Global	1:1000
FTSE Spread
1.0	From 0.5
GBPUSD Spread<
3.4	From 0.5
Oil Spread
3.0	From 0.5
Stocks Spread
Variable	Variable
Forex Trading
Take positions on major, minor and exotic currency pairs with competitive trading conditions.	Clients can go long or short on a string of major, minor and exotic currency pairs.
Forex App
The FxTrade app is OANDA’s proprietary forex trading application. One-click trading, historical price history and straightforward account management is available. Traders can speculate on 70 major, minor and exotic currency pairs. The forex app is available to download from the Apple App Store and Google Play.
GBPUSD Spread
3.4	From 0.5
EURUSD Spread
1.6	From 0.5
EURGBP Spread
1.7	From 0.5
Assets
70	30+
Cryptocurrency
Speculate on the world's biggest cryptos by market cap	Crypto trading not offered
Spread
$100	From 0.5
Coins
BTC ETH LTC BCH PAXG LINK MATIC UNI AAVE SOL	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 offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD.
Payout
	100%
Expiry Times
	15 seconds to 365 days
Ladder Options
No	Yes
Boundary Options
No	Yes

Review	Review
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
More Comparisons
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