Compare Deriv vs HF Markets
What is Deriv? What is HF Markets?
Deriv is an online trading platform that offers forex, commodities, synthetic indices, stocks, and stock indices. HF Markets is a regulated broker that offers CFDs on forex, commodities, bonds, metals, energies, shares, indices and more.
Deriv vs HF Markets Overall Comparison
Deriv and HF Markets are both global companies that serve clients from over 180 countries. Deriv claims to have over 20 years of experience in online trading, while HF Markets has won over 60 industry awards since its inception in 2010.
Deriv vs HF Markets Regulation Comparison
Deriv and HF Markets are both regulated by various authorities depending on their jurisdiction. Deriv is regulated by the Malta Financial Services Authority (MFSA), the British Virgin Islands Financial Services Commission (FSC), the Labuan Financial Services Authority (LFSA), and the Vanuatu Financial Services Commission (VFSC). HF Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) of the UK, the Dubai Financial Services Authority (DFSA), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Seychelles Financial Services Authority (FSA).
Deriv vs HF Markets Trading Assets Comparison
Deriv and HF Markets both offer a wide range of trading assets, but with some differences. Deriv offers forex, commodities, synthetic indices, stocks, and stock indices, while HF Markets offers CFDs on forex, commodities, bonds, metals, energies, shares, indices and more. Deriv also offers exclusive access to innovative assets such as derived indices that are based on proprietary algorithms.
Deriv vs HF Markets Trading Fees Comparison
Deriv and HF Markets both have competitive trading fees, but with different structures. Deriv charges zero commissions on most trades and has variable spreads depending on the market conditions and trade types. HF Markets has different account types that offer zero or low spreads with commissions or zero commissions with higher spreads. Both platforms also charge swap fees for holding positions overnight.
Deriv vs HF Markets Account Types Comparison
Deriv and HF Markets both have multiple account types to suit different trading needs and preferences. Deriv has four account types: Standard MT5 Account for forex and CFDs trading; Advanced MT5 Account for forex and CFDs trading with higher leverage; Synthetic Indices MT5 Account for synthetic indices trading; and DMT5 Account for multi-asset trading on MetaTrader 5 platform. HF Markets has five account types: Cent Account for trading in cents with zero commissions; Zero Account for trading with zero spreads and commissions; Pro Account for trading with low spreads and commissions; Premium Account for trading with zero commissions and no minimum deposit; and HFM App Account for trading on the go with the HFM App.
Deriv vs HF Markets Trading Conditions Comparison
Deriv and HF Markets both have favorable trading conditions for their clients, but with some variations. Deriv offers up to 1:1000 leverage for forex and CFDs trading and up to 1:500 leverage for synthetic indices trading. HF Markets offers up to 1:2000 leverage for all trading instruments except bonds. Deriv has a minimum deposit of $5 for all account types except DMT5 Account which has a minimum deposit of $10. HF Markets has no minimum deposit for all account types except Zero Account which has a minimum deposit of $200.
Deriv vs HF Markets Deposit Options Comparison
Deriv and HF Markets both have multiple deposit and withdrawal options for their clients, but with different fees and processing times. Deriv accepts deposits and withdrawals via bank wire transfer, credit/debit cards, e-wallets such as Skrill, Neteller, FasaPay, WebMoney, Perfect Money etc., cryptocurrencies such as Bitcoin, Ethereum etc., and local payment methods depending on the country of residence. HF Markets accepts deposits and withdrawals via bank wire transfer, credit/debit cards, e-wallets such as Skrill, Neteller etc., cryptocurrencies such as Bitcoin etc., and local payment methods depending on the country of residence. Deriv does not charge any fees for deposits or withdrawals except for bank wire transfers which may incur bank charges. HF Markets does not charge any fees for deposits or withdrawals except for bank wire transfers which may incur bank charges or currency conversion fees. Deriv processes deposits and withdrawals within one working day except for bank wire transfers which may take up to five working days. HF Markets processes deposits and withdrawals within 24 hours except for bank wire transfers which may take up to five working days.
Deriv vs HF Markets Trading Platforms Comparison
Deriv and HF Markets both offer various trading platforms for their clients, but with different features and functionalities. Deriv offers three trading platforms: Deriv App, a web-based platform that is modern, innovative, intuitive and awarded by Capital Finance as Best Forex Trading App; DTrader, a web-based platform that allows traders to create and customize their own trades with over 50 trade types and durations; and DMT5, a platform that is powered by MetaTrader 5, the most popular trading platform in the world. HF Markets offers two trading platforms: MetaTrader 4, the world’s most popular trading platform that offers advanced charting tools, indicators, expert advisors, automated trading etc.; and MetaTrader 5, a multi-asset trading platform that offers more features and functionalities than MetaTrader 4 such as more timeframes, more order types, more technical analysis tools etc.
Deriv vs HF Markets Analytical Tools Comparison
Deriv and HF Markets both offer various analytical tools for their clients, but with different sources and quality. Deriv offers market news, economic calendar, trading signals, trading calculators, sentiment analysis etc. on its website and platforms. HF Markets offers market news, economic calendar, trading signals, trading calculators, sentiment analysis etc. on its website and platforms as well as premium analytical tools such as Autochartist, Trading Central etc. for its clients who deposit more than $500.
Deriv vs HF Markets Educational Resources Comparison
Deriv and HF Markets both offer various educational resources for their clients, but with different formats and content. Deriv offers video tutorials, webinars, e-books, glossary etc. on its website and platforms. HF Markets offers video tutorials, webinars, e-books, glossary etc. on its website and platforms as well as live seminars and workshops in various countries for its clients who want to learn from experts.
Which offers better pricing – Deriv or HF Markets
This depends on the type of trading account and instrument you choose. Deriv charges zero commissions on most trades and has variable spreads depending on the market conditions and trade types. HF Markets has different account types that offer zero or low spreads with commissions or zero commissions with higher spreads. Both platforms also charge swap fees for holding positions overnight . You can check the trading specifications of each broker on their websites or platforms to compare their pricing.
Which broker offers more security when trading Forex and CFDs?
Both brokers are regulated by various authorities depending on their jurisdiction. Deriv is regulated by the Malta Financial Services Authority (MFSA), the British Virgin Islands Financial Services Commission (FSC), the Labuan Financial Services Authority (LFSA), and the Vanuatu Financial Services Commission (VFSC). HF Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) of the UK, the Dubai Financial Services Authority (DFSA), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Seychelles Financial Services Authority (FSA). Both brokers also segregate their clients’ funds from their own and offer negative balance protection .
Which broker offers the superior trading platform?
This depends on your personal preference and trading style. Deriv offers three trading platforms: Deriv App, a web-based platform that is modern, innovative, intuitive and awarded by Capital Finance as Best Forex Trading App; DTrader, a web-based platform that allows traders to create and customize their own trades with over 50 trade types and durations; and DMT5, a platform that is powered by MetaTrader 5, the most popular trading platform in the world. HF Markets offers two trading platforms: MetaTrader 4, the world’s most popular trading platform that offers advanced charting tools, indicators, expert advisors, automated trading etc.; and MetaTrader 5, a multi-asset trading platform that offers more features and functionalities than MetaTrader 4 such as more timeframes, more order types, more technical analysis tools etc…
Do these brokers both offer MetaTrader?
Yes, both brokers offer MetaTrader 5 as one of their trading platforms. HF Markets also offers MetaTrader 4 as another option.
How many Forex pairs can you expect from these brokers?
Deriv offers over 50 forex pairs including major, minor and exotic pairs. HF Markets offers over 60 forex pairs including major, minor and exotic pairs.
Is it safe to trade with Deriv?
Deriv is a reputable online trading platform that has been in the industry for over 20 years. It is regulated by multiple authorities and follows strict standards of security and transparency. It also segregates its clients’ funds from its own and offers negative balance protection.
Is it safe to trade with HF Markets?
HF Markets is an award-winning regulated broker that has been in the industry since 2010. It is regulated by multiple authorities and follows strict standards of security and transparency. It also segregates its clients’ funds from its own and offers negative balance protection.
Is Deriv a good broker?
Deriv is a good broker for traders who want to trade various markets with different trade types and durations on a user-friendly platform. It also offers competitive pricing, flexible leverage, fast execution and reliable customer support.
Is HF Markets a good broker?
HF Markets is a good broker for traders who want to trade CFDs on various markets with high leverage, low spreads and commissions on a popular platform. It also offers premium analytical tools, educational resources, bonus offers and trading contests for its clients.
Deriv vs HF Markets. 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 preference, trading style, goals and needs. Both Deriv and HF Markets have their own advantages and disadvantages, as I have summarized in my previous response. You can compare them based on various criteria such as pricing, regulation, trading assets, trading platforms, trading tools, educational resources etc. You can also read some reviews from other traders who have used their services or try their demo accounts to get a feel of their platforms. Ultimately, the best forex broker for you is the one that meets your expectations and suits your trading strategy.
