Spectre.ai vs Deriv.com

Spectre.ai vs Deriv.com Comparison Table 2024
Spectre.ai Deriv.com
Spectre.ai has closed.
4.4
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Spectre.ai is a binary options trading platform that offers an innovative blockchain-based system and proprietary products with payouts up to 400%. Spectre sources liquidity directly from traders with no middleman, and offers a transparent trading environment with all transactions visible on a verified ledger. The broker offers contracts on crypto and forex pairs with flexible expiry times and instant payouts on an easy-to-use bespoke platform and mobile app.

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 and multipliers, 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
Comment by Reviewer
"Spectre.ai is a good option for binary options traders with an eye for innovative technology and flexible contract lengths." "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
  • Trades are verified through a decentralized public ledger
  • 100+ assets are available with payouts up to 400%
  • Unique Epochal Price Index Composite (EPIC) assets
  • Privileges and perks can be bought in Trader's Bay
  • Crypto deposits are accepted with no transfer fees
  • The low minimum deposit of $0 will suit new traders
  • A free demo account is available
  • 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
  • The low $5 minimum initial deposit suits those on a lower budget
Cons
  • Spectre.ai is not regulated by a reputable authority
  • No MT4 integration for advanced chart analysis
  • No copy trading service
  • 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
Instruments
Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC, CFD CFDs, Multipliers, Forex, Stocks, Indices, Commodities
Demo Account
Yes Yes
Minimum Deposit
$0 $5
Trading Platforms
  • Own
  • Deriv Trader
  • MT5
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
St. Vincent and the Grenadines MFSA, LFSA, VFSC, BFSC
Margin Trading
Yes Yes
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
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes 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.

Android App Rating
4.5
iOS App Rating
4.2
Auto Trading
Yes - through APIs 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
DMT5
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $25
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • AUD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered 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
1:40 1:1000
FTSE Spread
N/A 0.5
GBPUSD Spread
0.9 0.5
Oil Spread
N/A 0.018
Stocks Spread
Variable 0.07
Forex Trading
Trade binary options on 18 forex pairs, including a selection of majors, minors and cross pairs such as GBP/USD, EUR/USD and AUD/JPY. Gold and silver binary options are also available paired with USD. 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.
GBPUSD Spread
0.90 0.5
EURUSD Spread
0.58 0.5
EURGBP Spread
0.90 0.5
Assets
20 30+
Cryptocurrency
Trade some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin. Users just have to decide if the price of the digital token will rise or fall over an agreed timeframe. 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
  • LTC
  • ETH
  • DSH
  • BCH
  • LINK
  • UNI
  • AAVE
  • TERRA
  • MKR
  • AVAX
  • SNX
  • COMP
  • SUSHI
  • CAKE
  • FTM
  • YFI
  • UMA
  • RUNE
  • REN
  • ZRX
  • BNT
  • BTC
  • LTC
  • ETH
  • USDT
  • USDC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Spectre.ai offers binary options trading on multiple markets with a $0 starting deposit and payouts up to 400%. No other binary brands match Spectre in terms of payouts. 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
400% 100%
Expiry Times
1 second - 1 day 15 seconds to 365 days
Ladder Options
No Yes
Boundary Options
No Yes
Spectre.ai has closed.
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