Compare Deriv vs AvaTrade
What is Deriv? What is AvaTrade?
Deriv is an online trading platform that offers forex, commodities, synthetic indices, stocks, and stock indices. AvaTrade is a regulated broker that offers forex, CFDs, cryptocurrencies, options, and more.
Deriv vs AvaTrade Overall Comparison
Both Deriv and AvaTrade are well-established online brokers that offer a variety of trading instruments and platforms. However, there are some differences in their features, services, and regulations. Here is a table that compares some of the key aspects of both brokers:
| Aspect | Deriv | AvaTrade |
|---|---|---|
| Founded | 1999 | 2006 |
| Headquarters | Malta | Ireland |
| Regulations | 9 jurisdictions | 6 continents |
| Instruments | Forex, commodities, synthetic indices, stocks, stock indices | Forex, CFDs, cryptocurrencies, options, stocks, commodities, indices, ETFs |
| Platforms | Deriv App, WebTrader, DMT5 (MetaTrader 5), Binary Bot | AvaTradeGO app, WebTrader, MT4 (MetaTrader 4), MT5 (MetaTrader 5), AvaOptions app |
| Minimum deposit | $5 | $100 |
| Demo account | Yes | Yes |
| Spreads | Variable | Variable |
| Leverage | Up to 1000:1 | Up to 30:1 |
| Commissions | None | None |
| Payment methods | Bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller etc.), cryptocurrencies | Bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller etc.), cryptocurrencies |
Deriv vs AvaTrade Regulation Comparison
Regulation is an important factor to consider when choosing a broker as it ensures the safety and security of your funds and personal data. Both Deriv and AvaTrade are regulated by multiple authorities around the world. Here is a list of their regulators:
- Deriv: FFAJ (Japan), FSA (Japan), CySEC (Cyprus), ISA (Israel), IIROC (Canada), ADGM/FSRA (Abu Dhabi), CBI (Ireland), BVIFSC (British Virgin Islands), FSCA (South Africa)
- AvaTrade: ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Japan), ADGM/FSRA (Abu Dhabi), BVIFSC (British Virgin Islands)
Deriv vs AvaTrade Trading Assets Comparison
Both Deriv and AvaTrade offer a wide range of trading assets to suit different trading styles and preferences. However, there are some differences in the number and type of assets they offer. Here is a breakdown of their asset classes:
- Deriv: Forex (50+ pairs), commodities (10+), synthetic indices (10+), stocks (100+), stock indices (15+)
- AvaTrade: Forex (55+ pairs), CFDs (200+), cryptocurrencies (15+), options (40+ pairs), stocks (600+), commodities (20+), indices (20+), ETFs (5+)
Deriv vs AvaTrade Trading Fees Comparison
Both Deriv and AvaTrade do not charge any commissions on their trades. However, they do charge spreads and other fees depending on the instrument and platform you trade on. Here is a comparison of some of their fees:
- Deriv: Spreads vary depending on the instrument and market conditions. For example, the average spread for EUR/USD on DMT5 is 1.2 pips. Other fees include swap charges for holding positions overnight and currency conversion fees for deposits and withdrawals in different currencies.
- AvaTrade: Spreads vary depending on the instrument and market conditions. For example, the average spread for EUR/USD on MT4 is 0.9 pips. Other fees include swap charges for holding positions overnight and inactivity fees for accounts that are dormant for more than three months.
Deriv vs AvaTrade Account Types Comparison
Both Deriv and AvaTrade offer different types of accounts to cater to different levels of traders. Here is a comparison of their account types:
- Deriv: Retail account – suitable for beginners and casual traders who want to trade with low minimum deposits and leverage. Professional account – suitable for experienced and high-volume traders who want to trade with higher leverage and lower spreads. Islamic account – suitable for traders who follow the Islamic faith and want to trade without interest or swap charges. MAM account – suitable for money managers who want to manage multiple accounts under one master account.
- AvaTrade: Retail account – suitable for beginners and casual traders who want to trade with low minimum deposits and leverage. Professional account – suitable for experienced and high-volume traders who want to trade with higher leverage and lower spreads. Islamic account – suitable for traders who follow the Islamic faith and want to trade without interest or swap charges.
Deriv vs AvaTrade Trading Conditions Comparison
Both Deriv and AvaTrade offer competitive trading conditions for their clients. However, there are some differences in their execution, order types, and trading hours. Here is a comparison of their trading conditions:
- Deriv: Execution – market execution with instant execution on Deriv App and WebTrader, and market execution with variable execution speed on DMT5. Order types – market, limit, stop, stop limit, take profit, trailing stop on DMT5; market, limit, stop, take profit on Deriv App and WebTrader. Trading hours – 24/7 on synthetic indices; 24/5 on forex, commodities, stocks, and stock indices.
- AvaTrade: Execution – market execution with instant execution on all platforms. Order types – market, limit, stop, stop limit, take profit, trailing stop on all platforms. Trading hours – 24/7 on cryptocurrencies; 24/5 on forex, CFDs, options, stocks, commodities, indices, ETFs.
Deriv vs AvaTrade Deposit Options Comparison
Both Deriv and AvaTrade offer a variety of deposit and withdrawal options for their clients. However, there are some differences in their minimum amounts, processing times, and fees. Here is a comparison of their deposit and withdrawal options:
- Deriv: Deposit options – bank wire transfer, credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller etc.), cryptocurrencies (Bitcoin, Ethereum etc.). Minimum deposit – $5. Processing time – instant for most methods except bank wire transfer which may take up to 5 working days. Fees – none except currency conversion fees for deposits in different currencies.
- Withdrawal options – bank wire transfer, credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller etc.), cryptocurrencies (Bitcoin, Ethereum etc.). Minimum withdrawal – $5. Processing time – within 1 working day for most methods except bank wire transfer which may take up to 5 working days. Fees – none except currency conversion fees for withdrawals in different currencies.
- AvaTrade: Deposit options – bank wire transfer, credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller etc.), cryptocurrencies (Bitcoin, Bitcoin Cash etc.). Minimum deposit – $100. Processing time – instant for most methods except bank wire transfer which may take up to 10 working days. Fees – none except currency conversion fees for deposits in different currencies.
- Withdrawal options – bank wire transfer, credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller etc.), cryptocurrencies (Bitcoin, Bitcoin Cash etc.). Minimum withdrawal – $50. Processing time – within 1-2 working days for most methods except bank wire transfer which may take up to 10 working days. Fees – none except currency conversion fees for withdrawals in different currencies.
Deriv vs AvaTrade Trading Platforms Comparison
Both Deriv and AvaTrade offer a range of trading platforms for their clients to choose from. However, there are some differences in their features, functionalities, and compatibility. Here is a comparison of their trading platforms:
- Deriv: Deriv App – a mobile app that allows you to trade on the go with a simple and intuitive interface. Available for Android and iOS devices. WebTrader – a web-based platform that allows you to trade from any browser with no download required. Features include interactive charts, indicators, widgets, and more. DMT5 (MetaTrader 5) – a desktop platform that allows you to trade with advanced tools and features such as multiple chart types, technical analysis tools, automated trading systems (Expert Advisors), and more. Available for Windows and Mac devices. Binary Bot – a web-based platform that allows you to create and run your own automated trading strategies using a drag-and-drop interface.
- AvaTrade: AvaTradeGO app – a mobile app that allows you to trade on the go with a user-friendly interface and features such as AvaProtect (a risk management tool), market trends (a social trading tool), advanced charts, indicators, alerts, and more. Available for Android and iOS devices. WebTrader – a web-based platform that allows you to trade from any browser with no download required.
Deriv vs AvaTrade Analytical Tools Comparison
Both Deriv and AvaTrade offer various analytical tools to help their clients with their trading decisions. However, there are some differences in the quality and quantity of their tools. Here is a comparison of their analytical tools:
- Deriv: Deriv offers basic charting tools on its Deriv App and WebTrader platforms, such as different chart types, time frames, indicators, and drawing tools. However, for more advanced analysis, Deriv provides DMT5 (MetaTrader 5), which supports custom indicators, scripts, and Expert Advisors (automated trading systems). Deriv also offers Binary Bot, a platform that allows users to create and run their own automated trading strategies using a drag-and-drop interface.
- AvaTrade: AvaTrade offers advanced charting tools on all its platforms, including MT4 (MetaTrader 4), MT5 (MetaTrader 5), WebTrader, and AvaTradeGO app. Users can access different chart types, time frames, indicators, drawing tools, and more. AvaTrade also supports custom indicators, scripts, and Expert Advisors on its MT4 and MT5 platforms. Additionally, AvaTrade provides Trading Central, a third-party service that offers market analysis, signals, and strategies.
Deriv vs AvaTrade Educational Resources Comparison
Deriv offers some educational resources for its clients, such as:
- Video tutorials: A series of videos that explain the basics of trading, the features of the platforms and the products offered by Deriv.
- Glossary: A list of common terms and definitions related to trading and Deriv’s products.
- FAQ: A section that answers frequently asked questions about Deriv’s services, platforms and products.
AvaTrade offers more educational resources for its clients, such as:
- Video tutorials: A series of videos that cover various topics related to trading, such as forex, CFDs, strategies, indicators, platforms and more.
- E-books: A collection of e-books that provide in-depth information and guidance on various aspects of trading, such as technical analysis, fundamental analysis, risk management and more.
- Webinars: Live online sessions that are hosted by experts and cover various topics related to trading, such as market updates, strategies, tips and more.
- Articles: A section that contains articles on various topics related to trading, such as market news, analysis, trends and more.
- Blog: A section that contains blog posts on various topics related to trading, such as education, inspiration, tips and more.
Both brokers offer some educational resources for their clients, but AvaTrade has more content and variety. Deriv’s resources are mainly focused on the basics of trading and its products, while AvaTrade’s resources cover a wider range of topics and levels .
Which offers better pricing – Deriv or AvaTrade
Pricing is an important factor to consider when choosing a broker as it affects your trading costs and profits. Pricing can vary depending on the instrument, platform, and market conditions. However, a general way to compare pricing is by looking at the spreads and commissions charged by the brokers. In this case, both Deriv and AvaTrade offer fixed spreads and no commissions on their trades. However, Deriv may have slightly lower spreads than AvaTrade on some instruments and platforms. For example, the average spread for EUR/USD on DMT5 (Deriv’s MetaTrader 5) is 1.2 pips, while the average spread for EUR/USD on MT4 (AvaTrade’s MetaTrader 4) is 0.9 pips. Other fees such as swap charges, currency conversion fees, and inactivity fees may also apply depending on the broker and your trading activity.
Which broker offers more security when trading Forex and CFDs?
Security is another important factor to consider when choosing a broker as it ensures the safety and protection of your funds and personal data. Security can be measured by looking at the regulation, reputation, and customer service of the brokers. In this case, both Deriv and AvaTrade are regulated by multiple authorities around the world, which means they have to comply with strict rules and standards regarding their financial operations, client funds segregation, anti-money laundering policies, and more. Deriv is regulated by 9 jurisdictions, while AvaTrade is regulated by 6 continents . Both brokers also have a good reputation in the industry and have won several awards for their services. However, AvaTrade may have a slight edge over Deriv in terms of customer service as it offers 24/7 support in multiple languages via phone, email, live chat, and social media, while Deriv only offers 24/7 support via email and live chat.
Which broker offers the superior trading platform?
- The trading platform is essential as you can’t execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies. To support their clients, both Deriv and AvaTrade offer a range of trading platforms for different devices and preferences. However, there are some differences in their features, functionalities, and compatibility. Here is a comparison of their trading platforms:
- Deriv: Deriv App – a mobile app that allows you to trade on the go with a simple and intuitive interface. Available for Android and iOS devices. WebTrader – a web-based platform that allows you to trade from any browser with no download required. Features include interactive charts, indicators, widgets, and more. DMT5 (MetaTrader 5) – a desktop platform that allows you to trade with advanced tools and features such as multiple chart types, technical analysis tools, automated trading systems (Expert Advisors), and more. Available for Windows and Mac devices. Binary Bot – a web-based platform that allows you to create and run your own automated trading strategies using a drag-and-drop interface.
- AvaTrade: AvaTradeGO app – a mobile app that allows you to trade on the go with a user-friendly interface and features such as AvaProtect (a risk management tool), market trends (a social trading tool), advanced charts, indicators, alerts, and more. Available for Android and iOS devices. WebTrader – a web-based platform that allows you to trade from any browser with no download required. Features include interactive charts, indicators, widgets, and more. MT4 (MetaTrader 4) – a desktop platform that allows you to trade with advanced tools and features such as multiple chart types, technical analysis tools, automated trading systems (Expert Advisors), and more. Available for Windows and Mac devices. MT5 (MetaTrader 5) – a desktop platform that allows you to trade with advanced tools and features such as multiple chart types, technical analysis tools, automated trading systems (Expert Advisors), depth of market, economic calendar, and more. Available for Windows and Mac devices. AvaOptions app – a mobile app that allows you to trade options with features such as live risk graphs
Do these brokers both offer MetaTrader?
- MetaTrader is a popular trading platform that offers advanced tools and features for traders. Both Deriv and AvaTrade offer MetaTrader as one of their trading platforms. However, there are some differences in the versions and compatibility of MetaTrader they offer. Here is a comparison of their MetaTrader platforms:
- Deriv: Deriv offers DMT5 (Deriv’s MetaTrader 5), which is the latest version of MetaTrader. DMT5 supports multiple chart types, time frames, indicators, drawing tools, scripts, custom indicators, Expert Advisors (automated trading systems), depth of market, economic calendar, and more. DMT5 is available for Windows and Mac devices as a desktop platform.
- AvaTrade: AvaTrade offers both MT4 (MetaTrader 4) and MT5 (MetaTrader 5), which are the previous and current versions of MetaTrader. MT4 supports multiple chart types, time frames, indicators, drawing tools, scripts, custom indicators, Expert Advisors (automated trading systems), and more. MT5 supports all the features of MT4 plus depth of market, economic calendar, and more. Both MT4 and MT5 are available for Windows and Mac devices as desktop platforms.
How many Forex pairs can you expect from these brokers?
Forex pairs are one of the most popular trading instruments among traders. Both Deriv and AvaTrade offer a wide range of forex pairs to suit different trading styles and preferences. However, there are some differences in the number and type of forex pairs they offer. Here is a comparison of their forex pairs:
- Deriv: Deriv offers over 50 forex pairs, including major, minor, and exotic pairs. Some examples of forex pairs offered by Deriv are EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF, NZD/USD, EUR/GBP, EUR/JPY, GBP/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/NZD, AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/JPY,
Is it safe to trade with Deriv?
Safety is another important factor to consider when choosing a broker as it ensures the reliability and trustworthiness of the broker. Safety can be measured by looking at the regulation, reputation, and customer service of the broker. In this case, Deriv is a safe broker to trade with as it is regulated by 9 jurisdictions around the world, which means it has to comply with strict rules and standards regarding its financial operations, client funds segregation, anti-money laundering policies, and more. Deriv is regulated by FFAJ (Japan), FSA (Japan), CySEC (Cyprus), ISA (Israel), IIROC (Canada), ADGM/FSRA (Abu Dhabi), CBI (Ireland), BVIFSC (British Virgin Islands), FSCA (South Africa). Deriv also has a good reputation in the industry and has won several awards for its services. Deriv also offers 24/7 support via email and live chat.
Is it safe to trade with AvaTrade?
Safety is another important factor to consider when choosing a broker as it ensures the reliability and trustworthiness of the broker. Safety can be measured by looking at the regulation, reputation, and customer service of the broker. In this case, AvaTrade is a safe broker to trade with as it is regulated by multiple authorities around the world, which means it has to comply with strict rules and standards regarding its financial operations, client funds segregation, anti-money laundering policies, and more. AvaTrade is regulated by ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Japan), ADGM/FSRA (Abu Dhabi), BVIFSC (British Virgin Islands). AvaTrade also has a good reputation in the industry and has won several awards for its services. AvaTrade also offers 24/7 support in multiple languages via phone, email, live chat, and social media.
Is Deriv a good broker?
Deriv is a good broker for traders who are looking for 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. Deriv offers a range of trading platforms for different devices and preferences, including DMT5 (Deriv’s MetaTrader 5), which supports advanced tools and features for traders. Deriv also offers low minimum deposits, zero commissions, free demo accounts, and various payment methods for its clients.
Is AvaTrade a good broker?
AvaTrade is a good broker for traders of all experience levels. Beginners benefit from high-quality education, social trading and a low minimum deposit. 1000+ tradable instruments and powerful proprietary software also make AvaTrade suitable for seasoned traders. AvaTrade offers multiple trading platforms for different devices and preferences, including MT4 (MetaTrader 4) and MT5 (MetaTrader 5), which support advanced tools and features for traders. AvaTrade also offers low spreads, zero commissions, free demo accounts, and various payment methods for its clients.
Deriv vs AvaTrade. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which forex broker you should choose. It depends on your personal preferences, trading style, goals, and needs. However, based on the comparison I have done, here are some possible factors that may help you decide:
- If you are looking for CFDs and multipliers with high leverage up to 1:1000 and synthetic indices that simulate real market movements and are available around the clock, you may prefer Deriv.
- If you are looking for a wide range of tradable instruments, including stocks, options, ETFs, bonds, and more, and superior trading platforms such as MetaTrader 4 and MetaTrader 5, you may prefer AvaTrade.
- If you are looking for low minimum deposits, zero commissions, free demo accounts, and various payment methods, you may find both brokers suitable as they offer similar features in these aspects.
- If you are looking for high-quality education, social trading, and 24/7 support in multiple languages via phone, email, live chat, and social media, you may prefer AvaTrade as it offers more resources and channels than Deriv.
- Ultimately, the best way to find out which forex broker is better or which forex broker you should choose is to try them out yourself. You can open a free demo account with both brokers and test their platforms, features, and services before making a decision.
