Compare Deriv vs FP Markets
What is Deriv? What is FP Markets?
Deriv is an online trading platform that offers forex, commodities, synthetic indices, stocks, and stock indices. FP Markets is a global financial technology services provider that offers forex and CFD trading on various assets such as forex, shares, indices, commodities, metals, bonds and futures.
Deriv vs FP Markets Overall Comparison
Both Deriv and FP Markets are regulated and reputable brokers that offer a wide range of trading products and platforms. However, there are some differences in their features and services that may suit different types of traders. Some of the main factors to consider are:
- Trading Instruments: Deriv offers more than 100+ trading instruments across 5 asset classes, while FP Markets offers more than 10,000+ trading instruments across 6 asset classes.
- Trading Platforms: Deriv offers its own proprietary platform called Deriv App, as well as MetaTrader 5 (MT5) and DTrader. FP Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, WebTrader and mobile apps.
- Trading Fees: Deriv charges no commission on most of its trades, except for synthetic indices and some forex pairs. FP Markets charges commission on some of its account types, such as ECN Raw and IRESS accounts. Both brokers offer competitive spreads and swap rates.
- Account Types: Deriv offers 4 account types: Standard, Advanced, Synthetic Indices and Financial STP. FP Markets offers 6 account types: Standard, Raw ECN, Pro ECN, IRESS Standard, IRESS Platinum and IRESS Premier.
- Trading Conditions: Deriv offers leverage up to 1:1000 on some of its products, while FP Markets offers leverage up to 1:500 on most of its products. Both brokers offer negative balance protection and Islamic accounts for eligible traders.
- Deposit and Withdrawal Options: Deriv offers a variety of payment methods such as bank wire transfer, credit/debit cards, e-wallets and cryptocurrencies. FP Markets also offers a range of payment options such as bank wire transfer, credit/debit cards, e-wallets and local bank transfers.
- Trading Platforms: Deriv offers its own proprietary platform called Deriv App, as well as MetaTrader 5 (MT5) and DTrader. FP Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, WebTrader and mobile apps.
- Analytical Tools: Deriv provides traders with various tools such as economic calendar, market news, trading signals, trading alerts and indicators. FP Markets also provides traders with various tools such as economic calendar, market news, trading signals, trading alerts, indicators and VPS solutions.
- Educational Resources: Deriv offers traders access to various educational resources such as webinars, videos, articles, e-books and glossary. FP Markets also offers traders access to various educational resources such as webinars, videos, articles, e-books and glossary.
Deriv vs FP Markets Regulation Comparison
Both Deriv and FP Markets are regulated by reputable authorities in different jurisdictions. 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). FP Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC) and the European Securities and Markets Authority (ESMA)
Deriv vs FP Markets Trading Assets Comparison
Deriv offers more than 100+ trading instruments across 5 asset classes: forex (50+ pairs), commodities (7), synthetic indices (10+), stocks (50+) and stock indices (15+). FP Markets offers more than 10,000+ trading instruments across 6 asset classes: forex (60+ pairs), shares (10,000+), indices (19), commodities (15+), metals (6) and bonds (2).
Deriv vs FP Markets Trading Fees Comparison
Deriv charges no commission on most of its trades, except for synthetic indices ($0.10 per lot) and some forex pairs ($0.01 per lot). FP Markets charges commission on some of its account types, such as ECN Raw ($3 per lot) and IRESS accounts (from 0.08% to 0.10% per trade). Both brokers offer competitive spreads and swap rates, which vary depending on the market conditions, account type and trading platform.
Deriv vs FP Markets Account Types Comparison
Deriv offers 4 account types: Standard, Advanced, Synthetic Indices and Financial STP. FP Markets offers 6 account types: Standard, Raw ECN, Pro ECN, IRESS Standard, IRESS Platinum and IRESS Premier. The main differences between the account types are:
- Minimum Deposit: Deriv has no minimum deposit requirement for any of its account types, while FP Markets has a minimum deposit requirement of $100 for its Standard and Raw ECN accounts, $1,000 for its Pro ECN account, $1,000 for its IRESS Standard account, $25,000 for its IRESS Platinum account and $50,000 for its IRESS Premier account.
- Spreads: Deriv offers variable spreads from 0.9 pips on its Standard account, from 0.6 pips on its Advanced account, from 0.1 pips on its Synthetic Indices account and from 0.8 pips on its Financial STP account. FP Markets offers variable spreads from 1.0 pips on its Standard account, from 0.0 pips on its Raw ECN and Pro ECN accounts, from 0.8 pips on its IRESS Standard account, from 0.3 pips on its IRESS Platinum account and from 0.1 pips on its IRESS Premier account.
- Leverage: Deriv offers leverage up to 1:1000 on some of its products, such as forex majors and minors, while FP Markets offers leverage up to 1:500 on most of its products, such as forex majors and minors.
- Trading Platforms: Deriv offers its own proprietary platform called Deriv App, as well as MetaTrader 5 (MT5) and DTrader. FP Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, WebTrader and mobile apps.
Deriv vs FP Markets Trading Conditions Comparison
Deriv offers leverage up to 1:1000 on some of its products, while FP Markets offers leverage up to 1:500 on most of its products. Both brokers offer negative balance protection and Islamic accounts for eligible traders. Deriv allows scalping, hedging and expert advisors (EAs) on all of its platforms, while FP Markets allows scalping, hedging and expert advisors (EAs) on its MT4 and MT5 platforms. Deriv has no minimum or maximum trade size limit, while FP Markets has a minimum trade size of 0.01 lot and a maximum trade size of 100 lots.
Deriv vs FP Markets Deposit Options Comparison
Deriv offers a variety of payment methods such as bank wire transfer, credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller, FasaPay) and cryptocurrencies (Bitcoin, Ethereum). FP Markets also offers a range of payment options such as bank wire transfer, credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller) and local bank transfers. Both brokers do not charge any deposit or withdrawal fees, but some third-party fees may apply depending on the payment method.
Deriv vs FP Markets Trading Platforms Comparison
Deriv offers its own proprietary platform called Deriv App, as well as MetaTrader 5 (MT5) and DTrader. FP Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, WebTrader and mobile apps.
Deriv vs FP Markets Analytical Tools Comparison
Deriv provides traders with various tools such as economic calendar, market news, trading signals, trading alerts and indicators. FP Markets also provides traders with various tools such as economic calendar, market news, trading signals, trading alerts, indicators and VPS solutions. The main differences between the tools are:
- Economic Calendar: Deriv offers a simple and easy-to-use economic calendar that shows the upcoming events and their impact on the markets. FP Markets offers a more comprehensive and detailed economic calendar that shows the previous, forecasted and actual data of the events, as well as their volatility level and source.
- Market News: Deriv offers a basic market news section that shows the latest headlines and summaries of the market events. FP Markets offers a more extensive and in-depth market news section that shows the full articles and analysis of the market events, as well as their source and category.
- Trading Signals: Deriv offers free trading signals for forex and synthetic indices that show the entry price, stop loss and take profit levels of the trades. FP Markets offers free trading signals for forex that show the entry price, stop loss and take profit levels of the trades, as well as their direction, time frame and risk-reward ratio.
- Trading Alerts: Deriv offers free trading alerts for forex and synthetic indices that notify traders of potential opportunities based on price movements or technical indicators. FP Markets offers free trading alerts for forex that notify traders of potential opportunities based on price movements or technical indicators.
- Indicators: Deriv offers a range of technical indicators that can be applied to the charts to help traders analyse the market trends and patterns. FP Markets offers a wider range of technical indicators that can be applied to the charts to help traders analyse the market trends and patterns.
- VPS Solutions: Deriv does not offer any VPS solutions for its traders. FP Markets offers superior VPS solutions for its traders who use EAs or scalping strategies. These solutions provide faster execution speed, lower latency and higher security.
Deriv vs FP Markets Educational Resources Comparison
Deriv:
- Trading guides: Deriv provides detailed trading guides that cover various topics such as forex trading, digital options trading, and contracts for difference (CFDs).
- Video tutorials: Deriv offers video tutorials that explain how to use its platforms and products, such as DTrader, DMT5, and DBot.
- Webinars: Deriv hosts live webinars that cover various trading topics and strategies, such as technical analysis, risk management, and market trends.
- Glossary: Deriv has a glossary that defines common trading terms and acronyms.
FP Markets:
- E-books: FP Markets provides e-books that cover various aspects of forex and CFD trading, such as market analysis, trading psychology, and trading strategies.
- Articles: FP Markets publishes articles that provide insights and tips on various trading topics, such as market news, indicators, and platforms.
- Videos: FP Markets offers videos that demonstrate how to use its platforms and tools, such as MT4, MT5, IRESS, and Autochartist.
- Courses: FP Markets has courses that teach the basics of forex and CFD trading, such as market structure, chart patterns, and risk management.
Which offers better pricing – Deriv or FP Markets
Pricing is one of the most important factors to consider when choosing a broker. Pricing can include various components such as spreads, commissions, swap rates and other fees. The best pricing depends on the type of trading product, account type and trading platform that you use. In general, Deriv offers no commission on most of its trades, except for synthetic indices and some forex pairs. FP Markets charges commission on some of its account types, such as ECN Raw and IRESS accounts. Both brokers offer competitive spreads and swap rates, which vary depending on the market conditions, account type and trading platform.
Which broker offers more security when trading Forex and CFDs?
Security is another crucial factor to consider when choosing a broker. Security can include various aspects such as regulation, segregation of client funds, negative balance protection and encryption of data. The best security depends on the jurisdiction and authority that the broker is regulated by, as well as the measures that the broker takes to protect its clients’ funds and data. In general, both Deriv and FP Markets are regulated by reputable authorities in different jurisdictions. 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). FP Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC) and the European Securities and Markets Authority (ESMA). Both brokers also offer segregation of client funds, negative balance protection and encryption of data.
Which broker offers the superior trading platform?
Trading platform is another important factor to consider when choosing a broker. Trading platform can include various features such as user interface, functionality, compatibility, tools and indicators. The best trading platform depends on your personal preference and trading style, as well as the type of trading product and device that you use. In general, both Deriv and FP Markets offer a range of trading platforms to suit different types of traders. Deriv offers its own proprietary platform called Deriv App, as well as MetaTrader 5 (MT5) and DTrader. FP Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, WebTrader and mobile apps.
Do these brokers both offer MetaTrader?
MetaTrader is one of the most popular trading platforms in the world, especially for forex and CFD trading. MetaTrader offers various features such as multi-asset trading, market depth analysis, hedging mode, one-click trading and automated trading with EAs. MetaTrader also offers various tools such as economic calendar, market news, trading signals, trading alerts and indicators. Both Deriv and FP Markets offer MetaTrader platforms for their clients. Deriv offers MetaTrader 5 (MT5), while FP Markets offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
How many Forex pairs can you expect from these brokers?
Forex pairs are one of the most popular trading products in the world, especially for forex traders. Forex pairs allow traders to speculate on the exchange rate movements between two currencies. The number of forex pairs that a broker offers can indicate the diversity and liquidity of its forex market. Both Deriv and FP Markets offer a large number of forex pairs for their clients. Deriv offers more than 50 forex pairs across major, minor and exotic currencies. FP Markets offers more than 60 forex pairs across major, minor and exotic currencies.
Is it safe to trade with Deriv?
Deriv is a safe broker to trade with, as it is regulated by reputable authorities in different jurisdictions. Deriv also offers segregation of client funds, negative balance protection and encryption of data. However, like any other broker, Deriv also has some risks associated with its trading products and services. These risks include market risk, leverage risk, liquidity risk and operational risk. Therefore, you should always trade with caution and use proper risk management tools.
Is it safe to trade with FP Markets?
FP Markets is a safe broker to trade with, as it is regulated by reputable authorities in different jurisdictions. FP Markets also offers segregation of client funds, negative balance protection and encryption of data. However, like any other broker, FP Markets also has some risks associated with its trading products and services. These risks include market risk, leverage risk, liquidity risk and operational risk. Therefore, you should always trade with caution and use proper risk management tools.
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. Deriv is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. Deriv offers its own proprietary platform called Deriv App, as well as MetaTrader 5 (MT5) and DTrader. Deriv also offers a range of payment methods, educational resources and customer service.
Is FP Markets a good broker?
FP Markets is a good broker for traders who are looking for a multi-asset broker offering a choice of trading platforms. FP Markets offers forex and CFD trading on various assets such as forex, shares, indices, commodities, metals, bonds and futures. FP Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, WebTrader and mobile apps. FP Markets also offers a range of payment methods, educational resources and customer service.
Deriv vs FP Markets. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better, as different brokers may suit different types of traders. The best forex broker for you depends on your personal preference and trading style, as well as the type of trading product and platform that you use. However, based on the comparison summary that I have provided, you can consider some of the following factors to help you decide:
- If you are looking for CFDs and multipliers with high leverage up to 1:1000, you may prefer Deriv.
- If you are looking for synthetic indices that simulate real market movements and are available 24/7, you may prefer Deriv.
- If you are looking for a multi-asset broker offering a choice of trading platforms, you may prefer FP Markets.
- If you are looking for forex and CFD trading on various assets such as forex, shares, indices, commodities, metals, bonds and futures, you may prefer FP Markets.
- If you are looking for MetaTrader platforms for your trading, you may prefer FP Markets as they offer both MT4 and MT5.
- If you are looking for IRESS platform for your trading, you may prefer FP Markets as they offer it along with other platforms.
Ultimately, the choice is yours and you should always do your own research and due diligence before choosing a forex broker. You can also try out their demo accounts and compare their features and services before opening a live account.
