Compare Deriv vs Eightcap
What is Deriv? What is Eightcap?
| Criteria | Deriv | Eightcap |
|---|---|---|
| Founded | 1999 | 2009 |
| Regulated by | Malta Financial Services Authority (MFSA), Vanuatu Financial Services Commission (VFSC), British Virgin Islands Financial Services Commission (FSC), Labuan Financial Services Authority (LFSA) | Australian Securities and Investments Commission (ASIC), Vanuatu Financial Services Commission (VFSC) |
| Markets offered | Forex, commodities, synthetic indices, stocks, stock indices, cryptocurrencies | Forex, commodities, stocks, stock indices, cryptocurrencies, exchange-traded funds |
| Trade types offered | CFDs, options, multipliers | CFDs |
| Trading platforms | Deriv Web Trader, DTrader, DBot, SmartTrader, Deriv MT5 | MT4, MT5, TradingView |
| Minimum deposit | $5 for e-wallets and cryptocurrencies, $10 for cards and bank transfers | $100 for Standard account, $500 for Raw account |
| Maximum leverage | Up to 1:1000 for forex and synthetic indices, up to 1:20 for commodities and stock indices, up to 1:10 for stocks and cryptocurrencies | Up to 1:500 for forex and commodities, up to 1:200 for stock indices and cryptocurrencies |
| Spreads | From 0.9 pips for forex, from 0.03 points for synthetic indices, from 0.1 points for commodities and stock indices, from 0.2 points for stocks and cryptocurrencies | From 0 pips for forex and commodities on Raw account, from 1 pip on Standard account; from 0.4 points for stock indices; from 0.05% of trade size for stocks; from $10 per lot for cryptocurrencies |
| Commissions | None for options and multipliers; $0.015 per lot per side for forex and synthetic indices; $0.02 per lot per side for commodities; $0.15 per lot per side for stock indices; $0.01 per share per side for stocks; $0.15 per lot per side for cryptocurrencies on Deriv MT5 | None for Standard account; $3.5 per lot per side for forex and commodities; $0.02 per share per side for stocks; $2 per lot per side for stock indices; $10 per lot per side for cryptocurrencies on MT4 and MT5 |
Deriv vs Eightcap Overall Comparison
Both Deriv and Eightcap are reputable online brokers that offer a wide range of trading instruments and platforms. However, Deriv has some unique features that Eightcap does not have, such as synthetic indices, options, and multipliers. Deriv also has more platforms to choose from, including DTrader, DBot, DMT5, SmartTrader, Binary Bot, Binary WebTrader, Tick Trade App, Binary Grid, and Binary Next-Gen. Eightcap, on the other hand, has some advantages over Deriv in terms of trading tools and resources, such as TradingView integration, Crypto Crusher dashboard, Capitalise.ai automation, FlashTrader trade ticket, AI-powered Economic Calendar, and Eightcap Labs.
Deriv vs Eightcap Regulation Comparison
Deriv is regulated by the Malta Financial Services Authority (MFSA), the Vanuatu Financial Services Commission (VFSC), the British Virgin Islands Financial Services Commission (FSC), and the Labuan Financial Services Authority (LFSA). Eightcap is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). Both brokers adhere to strict regulatory standards and provide client fund protection.
Deriv vs Eightcap Trading Assets Comparison
Deriv offers over 100 trading assets across 5 categories: forex (50+ pairs), stocks & indices (20+), cryptocurrencies (5), commodities (7), and synthetic indices (10+). Synthetic indices are unique to Deriv and simulate real-world market movements without being affected by real-world events. Eightcap offers over 800 trading assets across 6 categories: forex (60+ pairs), stocks & indices (250+), cryptocurrencies (15+), commodities (15+), exchange-traded funds (ETFs) (40+), and derived (10+). Derived are similar to synthetic indices but are based on real-world market data.
Deriv vs Eightcap Trading Fees Comparison
Deriv does not charge any commissions on trades, but instead applies variable spreads depending on the market conditions and the trade type. The average spreads for forex are 1.0 pips for CFDs, 0.9 pips for options, and 1.2 pips for multipliers. The average spreads for synthetic indices are 0.8 pips for CFDs, 0.7 pips for options, and 0.9 pips for multipliers. Eightcap also does not charge any commissions on trades for its Standard account type, but applies variable spreads depending on the market conditions. The average spreads for forex are 1.0 pips for Standard accounts and 0.0 pips for Raw accounts. The average spreads for stocks & indices are 0.09% for Standard accounts and 0.05% for Raw accounts. The average spreads for cryptocurrencies are 0.35% for Standard accounts and 0.25% for Raw accounts. Eightcap charges a commission of $3.5 per lot per side for its Raw account type.
Deriv vs Eightcap Account Types Comparison
Deriv offers two main account types: Synthetic and Financial. The Synthetic account allows traders to trade synthetic indices only with leverage up to 1000:1. The Financial account allows traders to trade all other assets with leverage up to 1000:1 for forex and commodities, up to 20:1 for stocks & indices, and up to 2:1 for cryptocurrencies. Deriv also offers an Islamic account option for traders who follow Sharia law. Eightcap offers two main account types: Standard and Raw. The Standard account allows traders to trade all assets with no commissions and variable spreads. The Raw account allows traders to trade all assets with low commissions and tight spreads. Both account types have a minimum deposit of $100 and leverage up to 500:1 for forex and commodities, up to 200:1 for stocks & indices, and up to 5:1 for cryptocurrencies. Eightcap also offers an Islamic account option for traders who follow Sharia law.
Deriv vs Eightcap Trading Conditions Comparison
Deriv has a minimum trade size of 0.01 lot for CFDs and multipliers, and $0.35 for options. Deriv has a maximum trade size of 50 lots for CFDs and multipliers, and $3,000 for options. Deriv has a minimum margin requirement of 0.1% for CFDs and multipliers, and 100% for options. Deriv has a margin call level of 100% and a stop out level of 50%. Eightcap has a minimum trade size of 0.01 lot for all assets. Eightcap has a maximum trade size of 100 lots for forex and commodities, 50 lots for stocks & indices, and 10 lots for cryptocurrencies. Eightcap has a minimum margin requirement of 0.2% for forex and commodities, 0.5% for stocks & indices, and 20% for cryptocurrencies. Eightcap has a margin call level of 120% and a stop out level of 100%.
Deriv vs Eightcap Deposit Options Comparison
Deriv supports various deposit and withdrawal methods, such as bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller, FasaPay, WebMoney, Perfect Money, Jeton Wallet), cryptocurrencies (Bitcoin, Ethereum, Litecoin, Tether), and local payment agents. Deriv does not charge any fees for deposits or withdrawals, but some payment providers may apply their own fees. Eightcap supports various deposit and withdrawal methods, such as bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller), cryptocurrencies (Bitcoin), and local payment agents. Eightcap does not charge any fees for deposits or withdrawals, but some payment providers may apply their own fees.
Deriv vs Eightcap Trading Platforms Comparison
Deriv offers 9 powerful platforms that cater to different trading styles and preferences: DTrader, DBot, DMT5, SmartTrader, Binary Bot, Binary WebTrader, Tick Trade App, Binary Grid, and Binary Next-Gen. DTrader is a web-based platform that allows traders to customize their trades with various parameters and tools. DBot is a web-based platform that allows traders to create automated trading strategies using drag-and-drop blocks. DMT5 is the desktop version of the popular MetaTrader 5 platform that allows traders to access advanced charting, expert advisors, custom indicators, and more. SmartTrader is a web-based platform that allows traders to trade binary options with simple and intuitive features. Binary Bot is a web-based platform that allows traders to create automated trading strategies using drag-and-drop blocks. Binary WebTrader is a web-based platform that allows traders to trade binary options with advanced features and tools. Tick Trade App is a mobile app that allows traders to trade binary options with fast execution and convenience. Binary Grid is a web-based platform that allows traders to trade binary options with a grid-like interface. Binary Next-Gen is a mobile app that allows traders to trade binary options with various features and tools. Eightcap offers 2 trading platforms that are widely used by traders around the world: MT4 and MT5. MT4 is the desktop version of the popular MetaTrader 4 platform that allows traders to access advanced charting, expert advisors, custom indicators, and more. MT5 is the desktop version of the newer MetaTrader 5 platform that allows traders to access more markets, more order types, more indicators, more timeframes, and more features than MT4.
Deriv vs Eightcap Analytical Tools Comparison
Deriv and Eightcap offer different analytical tools to help clients make informed trading decisions. Deriv offers various analytical tools such as market news, economic calendar, trading signals, volatility indices, etc., on Deriv Web Trader, DTrader, DBot, SmartTrader, and Deriv MT5. Eightcap offers various analytical tools such as market news, economic calendar, trading signals, trade ideas, professional trading insight, code-free automation, etc., on MT4, MT5, and TradingView.
Deriv vs Eightcap Educational Resources Comparison
Deriv provides various educational resources to help traders learn and improve their skills, such as video tutorials, webinars, e-books, articles, glossary, FAQs, and blog posts. Deriv also has a community forum where traders can interact and share ideas. Eightcap also provides various educational resources to help traders learn and improve their skills, such as video tutorials, webinars, e-books, articles, glossary, FAQs, and blog posts. Eightcap also has a Trade Zone where traders can get weekly trade ideas from experts, weekly market forecasts, mid-week commentary webinars, and guest analyst live events.
Which offers better pricing – Deriv or Eightcap
Both Deriv and Eightcap offer competitive pricing for their traders, but the answer may depend on the type of account, trade, and asset you choose. Deriv does not charge any commissions on trades, but applies variable spreads depending on the market conditions and the trade type. The average spreads for forex are 1.0 pips for CFDs, 0.9 pips for options, and 1.2 pips for multipliers. The average spreads for synthetic indices are 0.8 pips for CFDs, 0.7 pips for options, and 0.9 pips for multipliers. Eightcap also does not charge any commissions on trades for its Standard account type, but applies variable spreads depending on the market conditions. The average spreads for forex are 1.0 pips for Standard accounts and 0.0 pips for Raw accounts. The average spreads for stocks & indices are 0.09% for Standard accounts and 0.05% for Raw accounts. The average spreads for cryptocurrencies are 0.35% for Standard accounts and 0.25% for Raw accounts. Eightcap charges a commission of $3.5 per lot per side for its Raw account type. Therefore, if you prefer trading with no commissions and higher spreads, you may find Deriv more suitable. If you prefer trading with low commissions and tight spreads, you may find Eightcap more suitable.
Which broker offers more security when trading Forex and CFDs?
Both Deriv and Eightcap are regulated by reputable authorities and provide client fund protection. Deriv is regulated by the Malta Financial Services Authority (MFSA), the Vanuatu Financial Services Commission (VFSC), the British Virgin Islands Financial Services Commission (FSC), and the Labuan Financial Services Authority (LFSA). Eightcap is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). Both brokers adhere to strict regulatory standards and provide client fund protection.
Which broker offers the superior trading platform?
Both Deriv and Eightcap offer powerful trading platforms that cater to different trading styles and preferences. However, Deriv has some unique features that Eightcap does not have, such as synthetic indices, options, and multipliers. Deriv also has more platforms to choose from, including DTrader, DBot, DMT5, SmartTrader, Binary Bot, Binary WebTrader, Tick Trade App, Binary Grid, and Binary Next-Gen. Eightcap, on the other hand, has some advantages over Deriv in terms of trading tools and resources, such as TradingView integration, Crypto Crusher dashboard, Capitalise.ai automation, FlashTrader trade ticket, AI-powered Economic Calendar, and Eightcap Labs.
Do these brokers both offer MetaTrader?
Yes, both brokers offer MetaTrader as one of their trading platforms. Deriv offers MetaTrader 5 (MT5) as its desktop platform that allows traders to access advanced charting, expert advisors, custom indicators, and more. Eightcap offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as its desktop platforms that allow traders to access advanced charting, expert advisors, custom indicators
How many Forex pairs can you expect from these brokers?
Deriv offers over 50 forex pairs to trade with CFDs, options, and multipliers. Deriv has major, minor, and exotic pairs available. Eightcap offers over 60 forex pairs to trade with CFDs. Eightcap has major, minor, and exotic pairs available.
Is it safe to trade with Deriv?
Deriv is a safe and reliable broker to trade with. Deriv has been in the online trading industry since 1999 and has over 2.5 million traders worldwide. Deriv is regulated by four reputable authorities and provides client fund protection. Deriv also uses SSL encryption and 3D secure technology to protect its website and transactions.
Is it safe to trade with Eightcap?
Eightcap is also a safe broker to trade with as it has been in the online trading industry since 2009 and is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). ASIC is one of the most reputable and strict regulators in the world that ensures that brokers comply with high standards of conduct and provide a fair and transparent trading environment for their clients. VFSC is a regulator that oversees the financial services industry in Vanuatu and ensures that brokers adhere to the relevant laws and regulations.
Is Deriv a good broker?
Deriv is a good broker for traders who are looking for a wide range of markets, trades, and platforms. Deriv offers over 100 trading assets across 5 categories: forex, stocks & indices, cryptocurrencies, commodities, and synthetic indices. Synthetic indices are unique to Deriv and simulate real-world market movements without being affected by real-world events. Deriv also offers 3 trade types: CFDs, options, and multipliers. CFDs allow traders to trade with leverage and low spreads. Options allow traders to earn a range of payouts by correctly predicting market movements. Multipliers allow traders to multiply their potential profit without risking more than their stake. Deriv also offers 9 powerful platforms that cater to different trading styles and preferences: DTrader, DBot, DMT5, SmartTrader, Binary Bot, Binary WebTrader, Tick Trade App, Binary Grid, and Binary Next-Gen.
Is Eightcap a good broker?
Eightcap is also a good broker for traders who are looking for a wide range of markets, trades, and tools. Eightcap offers over 800 trading assets across 6 categories: forex, stocks & indices, cryptocurrencies, commodities, exchange-traded funds (ETFs), and derived. Derived are similar to synthetic indices but are based on real-world market data. Eightcap also offers CFDs as its trade type. CFDs allow traders to trade with leverage and low spreads. Eightcap also offers 2 trading platforms that are widely used by traders around the world: MT4 and MT5. Eightcap also offers various trading tools and resources to help traders make informed decisions, such as TradingView integration, Crypto Crusher dashboard, Capitalise.ai automation, FlashTrader trade ticket, AI-powered Economic Calendar, and Eightcap Labs.
Deriv vs Eightcap. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose. Both Deriv and Eightcap have their own strengths and weaknesses, and the best choice may depend on your personal preferences, trading goals, and risk appetite. However, based on the information I summarized before, here are some possible factors that may help you decide:
- If you prefer trading with no commissions and higher spreads, you may find Deriv more suitable. If you prefer trading with low commissions and tight spreads, you may find Eightcap more suitable.
- If you are interested in trading synthetic indices, options, or multipliers, you may find Deriv more suitable. If you are interested in trading exchange-traded funds (ETFs) or derived, you may find Eightcap more suitable.
- If you want to have more platforms to choose from, you may find Deriv more suitable. If you want to have TradingView integration and other trading tools and resources, you may find Eightcap more suitable.
- If you want to trade with a broker that has been in the industry longer and has more traders worldwide, you may find Deriv more suitable. If you want to trade with a broker that has a higher TrustScore on Trustpilot and offers more live events and educational resources, you may find Eightcap more suitable.
Ultimately, the best way to find out which broker is better for you is to try them out yourself. You can open a demo account with both brokers and test their platforms, markets, trades, tools, and services. You can also compare their costs, security, regulation, customer support, and user reviews. By doing so, you can make an informed decision that suits your needs and expectations.
