Compare Exness vs Deriv
What is Exness? What is Deriv?
Exness and Deriv are both online trading platforms that allow individuals to trade a variety of financial instruments, including forex (currencies), commodities, indices, and cryptocurrencies.
Exness: Exness is a global brokerage firm that was established in 2008. It offers trading services to clients worldwide and is known for its user-friendly interface, competitive trading conditions, and a wide range of trading instruments. Exness provides access to the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are popular among traders for their advanced charting capabilities and automated trading options.
Deriv: Deriv (formerly known as Binary.com) is a multi-asset trading platform that has been in operation since 1999. It provides a range of trading products, including binary options, forex, cryptocurrencies, and contracts for difference (CFDs). Deriv offers its own proprietary trading platforms, including DTrader, DBot, and DMT5. These platforms are designed to cater to the diverse needs of traders and provide various trading tools and features.
Exness vs Deriv Overall Comparison
Both Exness and Deriv are reputable online trading platforms with their own strengths and features. When comparing them overall, here are some factors to consider:
- Trading Instruments: Exness offers a broader range of trading instruments, including a wide selection of currency pairs, commodities, indices, and cryptocurrencies. Deriv also offers a variety of instruments but has a narrower focus, particularly on binary options and forex.
- Trading Platforms: Exness provides access to the popular MetaTrader 4 and MetaTrader 5 platforms, which are widely recognized and offer advanced trading capabilities. Deriv, on the other hand, offers its own proprietary platforms, which are tailored to suit different trading styles and preferences.
- Regulation: Both Exness and Deriv are regulated entities. Exness is regulated by reputable authorities like the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. Deriv is regulated by multiple authorities, including the Malta Financial Services Authority (MFSA) and the Labuan Financial Services Authority (LFSA) in Malaysia.
- Trading Conditions: Both platforms offer competitive trading conditions, including tight spreads, fast execution, and leverage options. However, specific details may vary, and it’s important to review each platform’s trading conditions to match your trading strategy and preferences.
- User Experience: Exness is known for its user-friendly interface and intuitive navigation. Deriv also focuses on providing a user-friendly trading experience, with its platforms offering customizable layouts and accessible trading tools.
Exness vs Deriv Regulation Comparison
Regulation is a crucial aspect to consider when choosing a trading platform, as it ensures a certain level of security and financial protection for traders. Here’s a comparison of the regulatory frameworks governing Exness and Deriv:
Exness: Exness operates under the regulations of several reputable authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Services Authority (FSA) in Seychelles. These regulatory bodies enforce strict guidelines to protect client funds, ensure fair trading practices, and oversee the operations of the brokerage.
Deriv: Deriv is regulated by various authorities depending on the region. Some of the notable regulatory bodies overseeing Deriv include the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority (LFSA), the Vanuatu Financial Services Commission (VFSC), and the British Virgin Islands Financial Services Commission (BVIFSC). These regulators aim to maintain the integrity of the financial markets and safeguard the interests of traders.
It’s important to note that regulations may vary depending on the jurisdiction and entity through which traders access the platforms. It is advisable to review the specific regulations applicable to your region and ensure compliance.
Exness vs Deriv Trading Assets Comparison
Trading assets refer to the financial instruments available for trading on a platform. Here’s a comparison of the trading assets offered by Exness and Deriv:
Exness: Exness offers a wide range of trading assets across different categories. It provides access to over 120 currency pairs, including major, minor, and exotic pairs. Additionally, Exness offers trading in commodities like gold, silver, oil, and natural gas, as well as indices and cryptocurrencies like Bitcoin, Ethereum, and Ripple.
Deriv: Deriv offers a selection of trading assets, with a particular focus on binary options and forex trading. It provides various currency pairs for forex trading and offers binary options on indices, commodities, and cryptocurrencies. Deriv also provides access to a few cryptocurrencies for trading.
While Exness offers a more diverse range of trading assets, Deriv’s focus on binary options and forex trading may be appealing to traders who specialize in those markets.
Exness vs Deriv Trading Fees Comparison
Trading fees can significantly impact your trading costs and overall profitability. Here’s a comparison of the trading fees associated with Exness and Deriv:
Exness: Exness offers variable spreads, which means that the spread can vary depending on market conditions. The spread is the difference between the buy and sell price of an asset, and it represents the main trading fee charged by the platform. Exness does not charge commissions on trades for most account types.
Deriv: Deriv charges trading fees in the form of spreads and commissions, depending on the trading account and platform used. The spreads can be fixed or variable, depending on the asset and account type. Deriv also charges commissions on certain types of trades, such as CFD trading.
It’s important to review the specific fee structures for each platform, as trading costs may vary based on the account type, trading instrument, and market conditions.
Exness vs Deriv Account Types Comparison
Both Exness and Deriv offer different types of trading accounts to cater to the varying needs of traders. Here’s a comparison of their account types:
Exness: Exness provides different account types designed to accommodate different trading preferences. The account types offered by Exness include Standard, Pro, Raw Spread, and Zero accounts. These accounts differ in terms of minimum deposit requirements, spreads, and trading conditions. Exness also offers Islamic (swap-free) accounts for traders who follow Sharia principles.
Deriv: Deriv offers a range of account types tailored to different trading platforms. These include the DMT5 account, which is designed for trading on the MetaTrader 5 platform, as well as synthetic account types like the Financial, Gaming, and Volatility Indices accounts. Each account type on Deriv has its own unique features and trading conditions.
Traders should consider their trading preferences, investment capital, and desired trading platforms when selecting an account type on either platform.
Exness vs Deriv Trading Conditions Comparison
Trading conditions encompass various factors such as leverage, minimum deposit requirements, order execution speed, and risk management tools. Here’s a comparison of the trading conditions offered by Exness and Deriv:
Exness: Exness offers competitive trading conditions, including flexible leverage options, fast order execution, and no minimum deposit requirements for certain account types. The platform also provides risk management tools like stop-loss orders and negative balance protection.
Deriv: Deriv offers leverage options for different account types and trading instruments, allowing traders to amplify their trading positions. The minimum deposit requirements on Deriv vary depending on the account type and range from no minimum deposit for some accounts to higher amounts for others. The platform also provides risk management tools and features such as stop-loss orders.
Specific trading conditions may vary depending on the account type and trading instrument selected. It’s important to review the details of each platform’s trading conditions to align with your trading strategy and risk tolerance.
Exness vs Deriv Deposit Options Comparison
The availability of convenient and secure deposit and withdrawal options is crucial for traders. Here’s a comparison of the deposit and withdrawal options provided by Exness and Deriv:
Exness: Exness offers a range of deposit and withdrawal methods, including bank wire transfers, credit/debit cards (Visa/Mastercard), and various electronic payment systems such as Neteller, Skrill, WebMoney, and Perfect Money. The availability of specific payment options may vary based on the trader’s country of residence.
Deriv: Deriv provides multiple deposit and withdrawal options, including bank wire transfers, credit/debit cards, and various electronic payment systems such as Neteller, Skrill, and Perfect Money. The availability of specific payment methods may depend on the trader’s location.
Both platforms offer a variety of payment options to cater to the diverse needs of traders. It’s important to consider factors such as transaction fees, processing times, and availability in your region when selecting a platform.
Exness vs Deriv Trading Platforms Comparison
The trading platform you choose can significantly impact your trading experience and performance. Here’s a comparison of the trading platforms offered by Exness and Deriv:
Exness: Exness provides access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are widely recognized and acclaimed for their advanced charting tools, technical indicators, and automated trading capabilities. MT4 and MT5 are available for desktop, web, and mobile devices, allowing traders to access the markets from anywhere.
Deriv: Deriv offers its own proprietary trading platforms, including DTrader, DBot, and DMT5. DTrader is a user-friendly platform with a simplified interface designed for quick order execution. DBot is a platform for automated trading strategies, allowing users to create and backtest their own trading bots. DMT5 is a version of MetaTrader 5 customized by Deriv and provides access to various trading instruments.
The choice between Exness and Deriv platforms may depend on your familiarity with MetaTrader platforms, preference for proprietary platforms, and specific trading requirements.
Exness vs Deriv Analytical Tools Comparison
Analytical tools are essential for traders to perform technical analysis, monitor market trends, and make informed trading decisions. Here’s a comparison of the analytical tools available on Exness and Deriv:
Exness: Exness offers a range of analytical tools on its MetaTrader platforms, including advanced charting capabilities, numerous technical indicators, and drawing tools. Traders can also access economic calendars and real-time market news to stay updated with fundamental events.
Deriv: Deriv’s proprietary platforms provide a range of analytical tools and features. DTrader offers basic charting tools and technical indicators for analysis. DBot provides backtesting capabilities to evaluate trading strategies. Additionally, traders can access market news and economic calendars to stay informed.
Both platforms offer basic to advanced analytical tools, although Exness’s MetaTrader platforms generally provide a wider range of technical indicators and charting options.
Exness vs Deriv Educational Resources Comparison
Educational resources play a vital role in helping traders improve their knowledge and skills. Here’s a comparison of the educational resources offered by Exness and Deriv:
Exness: Exness provides a variety of educational resources, including trading guides, video tutorials, webinars, and market analysis. The educational materials cover topics such as trading strategies, risk management, technical analysis, and more. Exness also offers a demo account for traders to practice their skills without risking real money.
Deriv: Deriv offers educational resources in the form of trading guides, video tutorials, and articles. The materials cover topics such as basic trading concepts, platform tutorials, and trading strategies. Deriv also provides a demo account for traders to practice their trading skills.
Both platforms offer educational resources to support traders at different skill levels. The availability and depth of educational materials may vary, so it’s important to explore the resources provided by each platform to find the most suitable learning materials for your needs.
Which offers better pricing – Exness or Deriv
The pricing offered by Exness and Deriv can vary depending on market conditions, account types, and trading instruments. Both brokers aim to provide competitive pricing to their clients, but the specific pricing may differ. It is recommended to compare the spreads, commissions, and trading costs of each broker for the specific instruments you intend to trade to determine which one offers better pricing for your trading needs.
Which broker offers more security when trading Forex and CFDs?
Both Exness and Deriv are regulated brokers, which adds a layer of security when trading Forex and CFDs. Exness is regulated by reputable authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. Deriv is regulated by various authorities including the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority (LFSA), and others.
Regulation ensures that brokers adhere to certain standards and rules to protect clients’ funds and maintain fair trading practices. Both brokers have implemented measures to safeguard client funds, such as segregation of client funds and offering negative balance protection. However, it is always recommended to conduct thorough research and review the regulations and safety measures implemented by a broker before choosing to trade with them.
Which broker offers the superior trading platform?
The choice of a superior trading platform between Exness and Deriv is subjective and depends on individual preferences. Exness offers access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their advanced charting capabilities, extensive technical indicators, and automated trading features. These platforms are widely recognized and favored by many traders.
Deriv, on the other hand, offers its own proprietary trading platforms, including DTrader, DBot, and DMT5. DTrader is designed for quick order execution, DBot allows users to create and backtest trading bots, and DMT5 is a customized version of MetaTrader 5 with additional features.
The choice of a superior trading platform ultimately depends on your trading preferences, experience, and the specific features you prioritize. It is recommended to explore the features and functionalities of each platform to determine which one suits your trading style and requirements better.
Do these brokers both offer MetaTrader?
Yes, Exness offers access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are popular among traders worldwide and are well-regarded for their extensive features, user-friendly interfaces, and robust trading capabilities.
Deriv, on the other hand, does not offer MetaTrader platforms. It provides its own proprietary platforms such as DTrader, DBot, and DMT5. These platforms are designed specifically for Deriv clients and offer unique features tailored to different trading styles and preferences.
How many Forex pairs can you expect from these brokers?
Exness offers a wide range of forex currency pairs, including over 120 currency pairs, covering major, minor, and exotic currency pairs. This allows traders to have access to a diverse selection of forex trading opportunities.
Deriv also offers a variety of forex currency pairs for trading, although the exact number of forex pairs may be slightly more limited compared to Exness. The available forex pairs on Deriv depend on the account type and platform used.
It is advisable to review the specific forex pairs offered by each broker to ensure they cover the currency pairs you are interested in trading.
Is it safe to trade with Exness?
Exness is a well-established brokerage firm that has been operating since 2008. It is regulated by reputable authorities, including the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. These regulations require brokers to meet certain financial and operational standards and provide client fund protection measures.
Exness also offers negative balance protection to its clients, which means that traders cannot lose more than their account balance, even in volatile market conditions. The company has a strong focus on client satisfaction and transparency.
However, it is important to note that trading involves inherent risks, and no broker or trading platform can guarantee profits or eliminate all risks. It is recommended to perform thorough research, read client reviews, and consider personal risk tolerance before deciding to trade with any broker, including Exness.
Is it safe to trade with Deriv?
Deriv is a regulated broker that operates under multiple regulatory authorities, including the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority (LFSA), and others. These regulations provide a level of security and oversight to protect client funds and ensure fair trading practices.
Deriv also implements strict security measures to safeguard client funds, including the segregation of client funds from the company’s operational funds. The broker offers negative balance protection, meaning traders cannot lose more than their account balance.
While regulatory oversight and security measures provide some level of assurance, it is important to remember that trading carries risks, and no broker can guarantee profits. It is advisable to conduct thorough research, review the broker’s regulatory status, and consider individual risk tolerance before trading with any broker, including Deriv.
Is Exness a good broker?
Exness is generally considered a reputable and well-established broker in the industry. It has a significant presence and a large client base worldwide. The broker is regulated by reputable authorities, including the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. These regulations help ensure compliance with financial and operational standards and provide client fund protection.
Exness offers a range of trading instruments, competitive spreads, and access to popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The broker also provides educational resources and support to assist traders at different skill levels.
However, it’s important to note that trading involves risks, and individual experiences may vary. It is recommended to review the broker’s offerings, trading conditions, and client feedback before making a decision to trade with Exness.
Is Deriv a good broker?
Deriv is a regulated broker that offers a range of trading instruments and platforms to cater to different trading preferences. The broker is regulated by authorities such as the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority (LFSA), and others.
Deriv provides its proprietary platforms, including DTrader, DBot, and DMT5, offering unique features and trading options. The broker also offers educational resources and a demo account for traders to practice their skills.
Like any broker, individual experiences and opinions about Deriv may vary. It is recommended to conduct thorough research, review the broker’s regulations, trading conditions, and client feedback before deciding to trade with Deriv.
Exness vs Deriv. Which forex broker is better? Which forex broker should you choose?
Determining which forex broker is better, Exness or Deriv, ultimately depends on your individual trading needs, preferences, and priorities. Both brokers have their own strengths and considerations to take into account. Here are some key factors to consider when making a decision:
- Regulation: Both Exness and Deriv are regulated brokers, with Exness being regulated by reputable authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, while Deriv is regulated by authorities like the Malta Financial Services Authority (MFSA) and the Labuan Financial Services Authority (LFSA). Regulatory oversight provides a level of security and ensures that brokers adhere to certain standards. It’s important to consider the regulations in your jurisdiction and the level of regulation that aligns with your risk tolerance.
- Trading Platforms: Exness offers access to popular MetaTrader platforms (MT4 and MT5), known for their advanced charting tools, indicators, and automated trading capabilities. Deriv, on the other hand, provides its proprietary platforms, including DTrader, DBot, and DMT5, each designed with unique features and functionalities. Consider which platform’s features and interface resonate with your trading style and requirements.
- Trading Instruments: Exness offers a wide range of forex currency pairs, including major, minor, and exotic pairs. Deriv also provides a variety of forex pairs, although the exact number may be slightly more limited. If you have specific currency pairs you want to trade, check whether both brokers offer those pairs.
- Pricing and Fees: Compare the spreads, commissions, and trading costs of both brokers, as these factors can impact your profitability. Keep in mind that pricing can vary depending on account types and market conditions. Assess the cost structure and trading conditions that align with your trading strategy.
- Security and Safety Measures: Both brokers implement security measures such as client fund segregation and negative balance protection. Consider the safety features and risk management tools that each broker provides.
- Educational Resources and Support: Evaluate the educational resources, webinars, tutorials, and support services offered by each broker. If educational materials and support are important to you, choose the broker that provides resources that suit your learning needs.
- User Experience and Reputation: Consider the user experience and reputation of each broker. Read client reviews, testimonials, and experiences to gauge the overall satisfaction of traders.
Ultimately, the “better” forex broker depends on your specific requirements and preferences. It’s advisable to open demo accounts with both brokers to test their platforms, services, and features before making a final decision. This allows you to assess which broker better suits your trading style, offers the desired trading instruments, and provides a satisfactory trading experience.
