Compare Deriv vs FreshForex. Should trade at Deriv or FreshForex?

Compare Deriv vs FreshForex

What is Deriv? What is FreshForex?

Deriv is an online trading platform that offers forex, commodities, synthetic indices, stocks, and stock indices trading. It also provides access to the MetaTrader 5 platform with exclusive assets and features.
FreshForex is an online forex broker that offers forex, CFDs on precious metals, stocks, ETFs, indices, energy futures, and cryptocurrencies trading. It also provides access to the MetaTrader 4 and 5 platforms with various account types and bonuses.

Deriv vs FreshForex Overall Comparison

Both brokers offer a wide range of trading instruments, platforms, and services to their clients. However, there are some differences in their trading conditions, regulation, and reputation.
Deriv has been operating since 2004 and is regulated by the Vanuatu Financial Services Commission (VFSC) and the British Virgin Islands Financial Services Commission (BVIFSC). FreshForex has also been operating since 2004 but is not regulated by any reputable authority and is suspected of being a fraud company.
Deriv offers fixed spreads on its Classic account and floating spreads on its Market Pro and ECN accounts. FreshForex offers fixed spreads on its Classic account and floating spreads on its Market Pro account, but claims to offer the lowest spreads on its ECN account.
Deriv does not charge any commission on its Classic and Market Pro accounts, but charges a commission on its ECN account depending on the asset traded. FreshForex does not charge any commission on any of its accounts except for CFDs on corporate shares and cryptocurrencies.
Deriv offers leverage up to 1:2000 on its Classic account, up to 1:1000 on its Market Pro account, and up to 1:1000 on its ECN account. FreshForex offers leverage up to 1:2000 on its Classic account, up to 1:1000 on its Market Pro account, and up to 1:1000 on its ECN account.
Deriv offers a minimum deposit of $5 for its Classic account, $50 for its Market Pro account, and $500 for its ECN account. FreshForex does not have a minimum deposit requirement for any of its accounts.

Deriv vs FreshForex Regulation Comparison

Deriv is regulated by the Vanuatu Financial Services Commission (VFSC) and the British Virgin Islands Financial Services Commission (BVIFSC). These are offshore regulators that have low standards of oversight and protection for traders. However, Deriv claims to follow strict ethical standards and comply with international anti-money laundering laws.
FreshForex is not regulated by any reputable authority and is suspected of being a fraud company. It operates under Riston Capital Ltd., which is registered in St. Vincent and the Grenadines, a notorious offshore jurisdiction that does not regulate forex brokers. This means that traders have no legal recourse or protection in case of disputes or issues with the broker.

Deriv vs FreshForex Trading Assets Comparison

Deriv offers more than 270 trading instruments across various asset classes, including forex, CFDs on precious metals, stocks, ETFs, indices, energy futures, cryptocurrencies, and derived indices. Derived indices are synthetic assets that mimic the behavior of real-world markets using a secure random number generator.
FreshForex offers more than 250 trading instruments across various asset classes, including forex, CFDs on precious metals, stocks, ETFs, indices, energy futures, and cryptocurrencies. However, it does not offer derived indices or any other innovative assets.

Deriv vs FreshForex Trading Fees Comparison

Deriv charges fixed spreads on its Classic account and floating spreads on its Market Pro and ECN accounts. The spreads vary depending on the asset traded and the market conditions. For example, the typical spread for EUR/USD on the Classic account is 2 pips, while on the Market Pro account it is 0.9 pips and on the ECN account it is 0 pips.
FreshForex charges fixed spreads on its Classic account and floating spreads on its Market Pro account, but claims to offer the lowest spreads on its ECN account. The spreads vary depending on the asset traded and the market conditions. For example, the typical spread for EUR/USD on the Classic account is 2 pips, while on the Market Pro account it is 0.9 pips and on the ECN account it is 0 pips.
Deriv does not charge any commission on its Classic and Market Pro accounts, but charges a commission on its ECN account depending on the asset traded. For example, the commission for forex pairs on the ECN account is $5 per lot, while for derived indices it is $0.10 per lot.
FreshForex does not charge any commission on any of its accounts except for CFDs on corporate shares and cryptocurrencies. For example, the commission for CFDs on corporate shares is 0.1% of the trade volume, while for CFDs on cryptocurrencies it is 0.25% of the trade volume.

Deriv vs FreshForex Account Types Comparison

Deriv offers three types of accounts: Classic, Market Pro, and ECN. The Classic account is suitable for beginners and traders who prefer fixed spreads and no commission. The Market Pro account is suitable for experienced traders and scalpers who prefer floating spreads and fast execution. The ECN account is suitable for professional traders who prefer trading inside the spread and high liquidity.
FreshForex also offers three types of accounts: Classic, Market Pro, and ECN. The Classic account is similar to Deriv’s Classic account, except that it offers leverage up to 1:2000. The Market Pro account is similar to Deriv’s Market Pro account, except that it offers leverage up to 1:1000. The ECN account is similar to Deriv’s ECN account, except that it claims to offer the lowest spreads and no commission.

Deriv vs FreshForex Trading Conditions Comparison

Deriv offers margin requirements from 0.05% to 4% depending on the leverage and asset traded. It also offers swap-free accounts for Muslim traders who do not want to pay or receive interest on overnight positions. It does not charge any deposit or withdrawal fees, but some payment methods may have their own fees.
FreshForex offers margin requirements from 0.1% to 4% depending on the leverage and asset traded. It also offers swap-free accounts for Muslim traders who do not want to pay or receive interest on overnight positions. It does not charge any deposit or withdrawal fees, but some payment methods may have their own fees.

Deriv vs FreshForex Deposit Options Comparison

Deriv accepts deposits and withdrawals in US dollars (USD), euros (EUR), bitcoins (BTC), and Russian rubles (RUB). It supports various payment methods, including bank cards, electronic payment systems, cryptocurrencies, and bank transfers. The minimum deposit amount is $5 for the Classic account, $50 for the Market Pro account, and $500 for the ECN account. The minimum withdrawal amount is $5 for all accounts.
FreshForex accepts deposits and withdrawals in US dollars (USD), euros (EUR), bitcoins (BTC), and Russian rubles (RUB). It supports various payment methods, including bank cards, electronic payment systems, cryptocurrencies, and bank transfers. It does not have a minimum deposit requirement for any of its accounts. The minimum withdrawal amount is $1 for all accounts.

Deriv vs FreshForex Trading Platforms Comparison

Deriv offers access to the MetaTrader 4 and MetaTrader 5 platforms with exclusive assets and features. MetaTrader 4 is a popular platform that offers market order execution, unlimited number of charts, signals about system and trade events, and privacy policy of all operations. MetaTrader 5 is a modern and powerful platform that offers extended set of time frames, six types of pending orders, deep history of quotes and charts, built-in economic calendar, and more.
FreshForex also offers access to the MetaTrader 4 and MetaTrader 5 platforms with various account types and bonuses. MetaTrader 4 is similar to Deriv’s MetaTrader 4 platform, except that it does not offer synthetic indices or derived indices trading. MetaTrader 5 is similar to Deriv’s MetaTrader 5 platform, except that it does not offer derived indices trading or exclusive assets.

Deriv vs FreshForex Analytical Tools Comparison

Deriv offers various analytical tools to help traders make informed decisions and manage their risks. These include a margin calculator, a swap calculator, a trading signals service, an economic calendar, and a market news section . The margin calculator helps traders calculate the margin they need to open and hold their positions. The swap calculator helps traders calculate the swap fee they will pay or earn for maintaining an overnight contract. The trading signals service provides buy and sell signals based on technical analysis and market trends. The economic calendar shows the upcoming economic events and their impact on the markets. The market news section provides the latest updates and analysis on the global financial markets.
FreshForex also offers various analytical tools to help traders make informed decisions and manage their risks. These include a margin calculator, a swap calculator, a trading signals service, an economic calendar, a market news section, and a fresh forecast service . The margin calculator and the swap calculator are similar to Deriv’s tools, except that they have different parameters and formulas. The trading signals service provides buy and sell signals based on technical analysis and market trends. The economic calendar and the market news section are similar to Deriv’s tools, except that they have different sources and formats. The fresh forecast service provides daily reviews and forex market forecasts by the broker’s financial experts.

Deriv vs FreshForex Educational Resources Comparison

Deriv offers various educational resources to help traders learn and improve their skills. These include a glossary of trading terms, a FAQ section, a video tutorials section, a blog section, and a community forum . The glossary of trading terms explains the basic concepts and terminology of trading. The FAQ section answers the most common questions about the broker’s services and features. The video tutorials section provides step-by-step guides on how to use the platforms and tools. The blog section provides insights and tips on trading strategies and market analysis. The community forum allows traders to interact with each other and share their experiences and ideas.
FreshForex also offers various educational resources to help traders learn and improve their skills. These include a glossary of trading terms, a FAQ section, a video tutorials section, a blog section, a webinar section, and an encyclopedia of trading strategies . The glossary of trading terms, the FAQ section, the video tutorials section, and the blog section are similar to Deriv’s resources, except that they have different content and quality. The webinar section provides live online sessions on various topics related to trading and market analysis. The encyclopedia of trading strategies provides detailed descriptions and examples of various trading methods and systems.

Which offers better pricing – Deriv or FreshForex

Pricing depends on various factors, such as spreads, commissions, swap fees, and other charges. Both brokers offer fixed and floating spreads depending on the account type and the asset traded. However, Deriv does not charge any commission on its Classic and Market Pro accounts, while FreshForex does not charge any commission on any of its accounts except for CFDs on corporate shares and cryptocurrencies. Deriv also offers swap-free accounts for Muslim traders who do not want to pay or receive interest on overnight positions, while FreshForex offers swap-free accounts for all traders who choose this option. Therefore, the pricing may vary depending on the trader’s preferences and trading style.