Compare Deriv vs FXTM
What is Deriv? What is FXTM?
- Deriv is an online trading platform that offers forex, commodities, synthetic indices, stocks, and stock indices. It also has exclusive access to innovative trade types such as CFDs, options, and multipliers.
- FXTM is a global online financial trading and investing broker that offers CFDs in FX, indices, commodities, and more. It also has a free demo account, commission-free trading, and spreads as low as zero on major FX pairs and gold.
Deriv vs FXTM Overall Comparison
- Both brokers are regulated and licensed by various authorities, such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Sector Conduct Authority (FSCA) in South Africa.
- Both brokers offer a wide range of trading instruments, platforms, tools, and educational resources for traders of different levels and preferences.
- Deriv has more trade types and asset classes than FXTM, including synthetic indices, exchange-traded funds, and derived indices.
- FXTM has more account types and payment methods than Deriv, including swap-free accounts, ECN accounts, and local options.
Deriv vs FXTM Regulation Comparison
- Deriv is regulated by the following authorities:
- The British Virgin Islands Financial Services Commission (BVI FSC) under license number SIBA/L/18/1114
- The Labuan Financial Services Authority (LFSA) under license number MB/18/0024
- The Vanuatu Financial Services Commission (VFSC) under license number 14556
- The Financial Conduct Authority (FCA) under license number 39495
- The Malta Financial Services Authority (MFSA) under license number IS/70156
- The Cyprus Securities and Exchange Commission (CySEC) under license number 390/20
- The Financial Sector Conduct Authority (FSCA) under license number 46534
- FXTM is regulated by the following authorities:
- The Cyprus Securities and Exchange Commission (CySEC) under license number 185/12
- The Financial Conduct Authority (FCA) under license number 777911
- The Financial Sector Conduct Authority (FSCA) under license number 46614
- The Financial Services Commission of the Republic of Mauritius with an Investment Dealer License bearing license number C113012295
- The Exinity Limited is a member of the Financial Commission with license number IFSC/60/345/TS
Deriv vs FXTM Trading Assets Comparison
- Deriv offers over 200 tradable assets across forex, stocks & indices, cryptocurrencies, commodities, exchange-traded funds, and derived indices.
- FXTM offers over 250 tradable assets across forex, stocks & indices, cryptocurrencies, commodities, and spot metals.
Deriv vs FXTM Trading Fees Comparison
- Deriv does not charge any commission or swap fees on any of its trade types or assets. It only charges spreads and overnight funding fees for CFDs and multipliers.
- FXTM does not charge any commission or swap fees on its standard accounts or swap-free accounts. It only charges spreads and overnight funding fees for CFDs. It does charge commission on its ECN accounts.
Deriv vs FXTM Account Types Comparison
- Deriv offers two main account types: DMT5 (Deriv MT5) and DTrader. DMT5 is a CFD trading platform that allows traders to access multiple asset classes on a single platform. DTrader is an options trading platform that allows traders to earn payouts by correctly predicting market movements.
- FXTM offers six main account types: Standard Account, Cent Account, Stock CFDs Account, ECN Account, ECN Zero Account, and Pro Account. Each account type has different features such as minimum deposit, leverage, spreads, commission, execution type, etc.
Deriv vs FXTM Trading Conditions Comparison
- Deriv offers high leverage and low spreads for its trade types and assets. For example, it offers leverage up to 1:1000 for forex, 1:500 for commodities, and 1:20 for cryptocurrencies. It also offers spreads as low as 0.9 pips for forex, 0.03 points for commodities, and 0.35% for cryptocurrencies.
- FXTM also offers high leverage and low spreads for its trade types and assets. For example, it offers leverage up to 1:2000 for forex, 1:500 for commodities, and 1:10 for cryptocurrencies. It also offers spreads as low as zero for forex, 0.03 points for commodities, and 1.3% for cryptocurrencies.
Deriv vs FXTM Deposit Options Comparison
- Deriv offers various deposit and withdrawal options, such as debit and credit cards, e-wallets, bank wire transfers, and cryptocurrencies. Some of the popular e-wallets offered are Skrill, Neteller, FasaPay, WebMoney, Perfect Money, Jeton Wallet, etc.
- FXTM also offers various deposit and withdrawal options, such as debit and credit cards, e-wallets, bank wire transfers, and local options. Some of the popular e-wallets offered are Skrill, Neteller, WebMoney, Perfect Money, etc. Some of the local options offered are M-Pesa, Ngan Luong, GlobePay, etc.
Deriv vs FXTM Trading Platforms Comparison
- Deriv offers nine trading platforms: DMT5 (Deriv MT5), DTrader, DBot, SmartTrader, Binary Bot, Binary WebTrader, Binary Tick Trade App, Binary Next-Gen App, and Binary Grid App. Each platform has different features and functionalities to suit different trading styles and preferences.
- FXTM offers four trading platforms: MT4 (MetaTrader 4), MT5 (MetaTrader 5), FXTM Trader App, and FXTM Invest. Each platform has different features and functionalities to suit different trading styles and preferences.
Deriv vs FXTM Analytical Tools Comparison
- Deriv offers various analytical tools to help traders make informed decisions and manage their risks. Some of the tools are margin calculator, swap calculator, trading signals, economic calendar, market analysis, etc.
- FXTM also offers various analytical tools to help traders make informed decisions and manage their risks. Some of the tools are margin calculator, pip calculator, currency converter, trading signals, economic calendar, market analysis, etc.
Deriv vs FXTM Educational Resources Comparison
- Deriv provides the following educational resources:
- Blog: A section that covers various topics related to trading, such as strategies, tips, news and updates.
- FAQ: A section that answers the most common questions about Deriv’s products and services.
- Glossary: A section that explains the key terms and concepts related to trading.
- Videos: A section that features short videos that demonstrate how to use Deriv’s platforms and tools.
- FXTM provides the following educational resources:
- Articles: A section that covers various topics related to trading, such as market analysis, education, news and trends.
- E-books: A section that offers free e-books that cover the basics of forex and CFD trading, technical analysis and trading psychology.
- Webinars: A section that offers live and recorded webinars that cover various aspects of trading, such as strategies, indicators, risk management and more.
- Seminars: A section that offers live and online seminars that are hosted by FXTM’s experts and partners around the world.
- Videos: A section that features short videos that explain the fundamentals of trading, such as how to open an account, how to use MT4 and MT5, how to place orders and more.
Which offers better pricing – Deriv or FXTM
- Both brokers offer competitive pricing for their trade types and assets. Deriv does not charge any commission or swap fees on any of its trade types or assets. It only charges spreads and overnight funding fees for CFDs and multipliers. FXTM does not charge any commission or swap fees on its standard accounts or swap-free accounts. It only charges spreads and overnight funding fees for CFDs. It does charge commission on its ECN accounts.
- The spreads and overnight funding fees vary depending on the trade type, asset, account type, and market conditions. Both brokers offer low spreads for their assets. For example, Deriv offers spreads as low as 0.9 pips for forex, 0.03 points for commodities, and 0.35% for cryptocurrencies. FXTM offers spreads as low as zero for forex, 0.03 points for commodities, and 1.3% for cryptocurrencies.
Which broker offers more security when trading Forex and CFDs?
Both brokers offer high security when trading forex and CFDs. They are regulated and licensed by various authorities, such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Sector Conduct Authority (FSCA) in South Africa. They also keep their clients’ funds fully segregated and secure in top-tier banks.
Which broker offers the superior trading platform?
- Both brokers offer multiple trading platforms to suit different trading styles and preferences. Deriv offers nine trading platforms: DMT5 (Deriv MT5), DTrader, DBot, SmartTrader, Binary Bot, Binary WebTrader, Binary Tick Trade App, Binary Next-Gen App, and Binary Grid App. Each platform has different features and functionalities to suit different trading styles and preferences.
- FXTM offers four trading platforms: MT4 (MetaTrader 4), MT5 (MetaTrader 5), FXTM Trader App, and FXTM Invest. Each platform has different features and functionalities to suit different trading styles and preferences.
Do these brokers both offer MetaTrader?
Yes, both brokers offer MetaTrader 4 and MetaTrader 5 trading platforms. These are popular and widely used platforms that offer advanced charting tools, indicators, automated trading systems, and more.
How many Forex pairs can you expect from these brokers?
- Deriv offers over 50 forex pairs to trade with CFDs or options. These include major pairs, minor pairs, exotic pairs, synthetic pairs, derived FX pairs, etc.
- FXTM offers over 60 forex pairs to trade with CFDs. These include major pairs, minor pairs, exotic pairs, etc.
Is it safe to trade with Deriv?
Yes, it is safe to trade with Deriv. Deriv is a regulated and licensed broker that has been in the industry for over 20 years. It keeps its clients’ funds fully segregated and secure in top-tier banks. It also offers various tools and resources to help traders manage their risks and learn to trade better.
Is it safe to trade with FXTM?
Yes, it is safe to trade with FXTM. FXTM is a regulated and licensed broker that has been in the industry for over 10 years. It keeps its clients’ funds fully segregated and secure in top-tier banks. It also offers various tools and resources to help traders manage their risks and learn to trade better.
Is Deriv a good broker?
Yes, Deriv is a good broker that can help you unleash your trading potential. Deriv offers you a wide range of markets, trades, and platforms to suit your trading style and goals. Whether you want to trade forex, stocks, commodities, cryptocurrencies, or synthetic indices, Deriv has something for you. You can also choose from different trade types, such as CFDs, options, and multipliers, to diversify your portfolio and increase your returns. Deriv also offers competitive pricing, high security, and excellent customer support to make your trading experience smooth and enjoyable. With Deriv, you can trade with confidence and convenience.
Is FXTM a good broker?
Yes, FXTM is a good broker that offers a wide range of markets, trades, and platforms for traders of different levels and preferences. It also offers competitive pricing, high security, and excellent customer support.
Deriv vs FXTM. 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. It depends on your personal preferences, trading goals, risk appetite, and budget. Both Deriv and FXTM are reputable and regulated brokers that offer a variety of trading instruments, platforms, tools, and resources for traders of different levels and preferences. They also offer competitive pricing, high security, and excellent customer support. However, they also have some differences that may appeal to different types of traders. For example:
- Deriv has more trade types and asset classes than FXTM, including synthetic indices, exchange-traded funds, and derived indices.
- FXTM has more account types and payment methods than Deriv, including swap-free accounts, ECN accounts, and local options .
- Deriv offers spreads as low as 0.9 pips for forex, 0.03 points for commodities, and 0.35% for cryptocurrencies.
- FXTM offers spreads as low as zero for forex, 0.03 points for commodities, and 1.3% for cryptocurrencies .
- Deriv offers nine trading platforms: DMT5 (Deriv MT5), DTrader, DBot, SmartTrader, Binary Bot, Binary WebTrader, Binary Tick Trade App, Binary Next-Gen App, and Binary Grid App.
- FXTM offers four trading platforms: MT4 (MetaTrader 4), MT5 (MetaTrader 5), FXTM Trader App, and FXTM Invest.
Therefore, you may want to consider these factors and compare them with your own needs and preferences before choosing a broker. You may also want to try out their demo accounts and test their platforms and services before opening a real account. Ultimately, the best broker for you is the one that suits your trading style and goals the most.
