Compare Deriv vs Libertex
What is Deriv? What is Libertex?
Deriv is an online trading platform that offers a wide range of markets, trades and platforms for forex, commodities, synthetic indices, stocks, and stock indices. Libertex is an online trading platform that offers leveraged products such as CFDs and cryptocurrencies, as well as stocks commission-free.
Deriv vs Libertex Overall Comparison
Deriv and Libertex are both regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence numbers 164/12 and 258/14 respectively. They both offer multiple trading platforms, including MetaTrader 4 and MetaTrader 5, as well as their own proprietary platforms. Deriv has more than 2.5 million traders worldwide, while Libertex has more than 2.2 million clients in 110 countries.
Deriv vs Libertex Regulation Comparison
As mentioned above, both Deriv and Libertex are regulated by CySEC, which means they have to comply with strict rules and standards to protect their clients’ funds and interests. They both also offer negative balance protection, meaning that traders cannot lose more than their initial deposit. However, Deriv also has additional licenses from the British Virgin Islands Financial Services Commission (BVI FSC), the Vanuatu Financial Services Commission (VFSC), the Labuan Financial Services Authority (FSA), and the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA), which allow it to offer its services to more jurisdictions.
Deriv vs Libertex Trading Assets Comparison
Deriv offers a wider range of trading assets than Libertex, including forex, commodities, synthetic indices, stocks, stock indices, cryptocurrencies, exchange-traded funds, and derived products. Libertex mainly focuses on leveraged products such as CFDs and cryptocurrencies, as well as stocks commission-free. Deriv has over 100 assets to trade, while Libertex has over 250 assets to trade.
Deriv vs Libertex Trading Fees Comparison
Deriv and Libertex have different fee structures depending on the type of asset and platform. Deriv charges variable spreads on forex and commodities, fixed spreads on synthetic indices and derived products, commissions on stocks and stock indices, and no fees on cryptocurrencies. Libertex charges variable spreads on forex and commodities, fixed commissions on stocks and stock indices, no fees on cryptocurrencies, and swap fees for overnight positions. Deriv also charges an inactivity fee of $25 per month after 12 months of no trading activity, while Libertex does not charge any inactivity fee.
Deriv vs Libertex Account Types Comparison
Deriv offers four types of accounts: Standard account, Advanced account, Synthetic account, and Financial STP account. The Standard account is suitable for beginners who want to trade forex and commodities with variable spreads. The Advanced account is suitable for experienced traders who want to trade forex and commodities with lower spreads and higher leverage. The Synthetic account is suitable for traders who want to trade synthetic indices with fixed spreads. The Financial STP account is suitable for traders who want to trade stocks and stock indices with direct market access and commissions. Libertex offers only one type of account: Standard account. The Standard account is suitable for all types of traders who want to trade leveraged products such as CFDs and cryptocurrencies with variable spreads or fixed commissions.
Deriv vs Libertex Trading Conditions Comparison
Deriv and Libertex have different trading conditions depending on the type of asset and platform. Deriv offers leverage up to 1:1000 on forex and commodities, up to 1:500 on synthetic indices and derived products, up to 1:20 on stocks and stock indices, and up to 1:50 on cryptocurrencies. Libertex offers leverage up to 1:30 on forex and commodities, up to 1:20 on stocks and stock indices, up to 1:10 on cryptocurrencies, and up to 1:600 on some CFDs. Deriv offers minimum lot sizes of 0.01 on forex and commodities, 0.10 on synthetic indices and derived products, 1 on stocks and stock indices, and 0.001 on cryptocurrencies. Libertex offers minimum lot sizes of 0.01 on forex and commodities, 0.10 on stocks and stock indices, 0.001 on cryptocurrencies, and varies on some CFDs. Deriv offers stop out levels of 50% on all platforms, while Libertex offers stop out levels of 100% on all platforms.
Deriv vs Libertex Deposit Options Comparison
Deriv and Libertex both offer a variety of deposit and withdrawal options, including bank cards, e-wallets, bank transfers, and cryptocurrencies. Deriv does not charge any deposit or withdrawal fees, while Libertex charges some fees depending on the method and amount. Deriv has a minimum deposit of $5 for all methods, while Libertex has a minimum deposit of $10 for bank cards and e-wallets, $100 for bank transfers, and $50 for cryptocurrencies. Deriv has a minimum withdrawal of $5 for all methods, while Libertex has a minimum withdrawal of $10 for bank cards and e-wallets, $50 for bank transfers, and $0.01 for cryptocurrencies.
Deriv vs Libertex Trading Platforms Comparison
Deriv and Libertex both offer multiple trading platforms, including MetaTrader 4 and MetaTrader 5, as well as their own proprietary platforms. Deriv’s proprietary platform is called Deriv App, which is available as a web version or a mobile app. Deriv App is designed to be user-friendly, customizable, and feature-rich, with access to all markets, trades and platforms offered by Deriv. Libertex’s proprietary platform is called Libertex Web or Libertex Mobile, which is also available as a web version or a mobile app. Libertex Web or Mobile is designed to be simple, intuitive, and fast, with access to all leveraged products offered by Libertex.
Deriv vs Libertex Analytical Tools Comparison
Deriv and Libertex both offer various analytical tools to help traders make informed decisions. Deriv offers market news, economic calendar, trading signals, technical analysis tools, trading indicators, charting tools, and trading alerts. Libertex offers market news, economic calendar, trading signals, technical analysis tools, trading indicators, charting tools, trading alerts, and professional research and market reviews.
Deriv vs Libertex Educational Resources Comparison
Deriv and Libertex both offer educational resources to help traders learn and improve their skills. Deriv offers video tutorials, webinars, e-books, articles, glossary, FAQs, and customer support. Libertex offers video tutorials, webinars, e-books, articles, glossary, FAQs, customer support, and an academy with courses and quizzes.
Which offers better pricing – Deriv or Libertex
Deriv and Libertex have different pricing models depending on the type of asset and platform. Deriv charges variable spreads on forex and commodities, fixed spreads on synthetic indices and derived products, commissions on stocks and stock indices, and no fees on cryptocurrencies. Libertex charges variable spreads on forex and commodities, fixed commissions on stocks and stock indices, no fees on cryptocurrencies, and swap fees for overnight positions. Deriv also charges an inactivity fee of $25 per month after 12 months of no trading activity, while Libertex does not charge any inactivity fee. The best pricing option depends on your trading style, frequency, and preferences.
Which broker offers more security when trading Forex and CFDs?
Both Deriv and Libertex are regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence numbers 164/12 and 258/14 respectively. They both also offer negative balance protection, meaning that traders cannot lose more than their initial deposit. However, Deriv also has additional licenses from the British Virgin Islands Financial Services Commission (BVI FSC), the Vanuatu Financial Services Commission (VFSC), the Labuan Financial Services Authority (FSA), and the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA), which allow it to offer its services to more jurisdictions. Deriv also segregates its clients’ funds from its own funds in accordance with CySEC’s rules. Therefore, Deriv may offer more security than Libertex when trading Forex and CFDs.
Which broker offers the superior trading platform?
Deriv and Libertex both offer multiple trading platforms, including MetaTrader 4 and MetaTrader 5, as well as their own proprietary platforms. Deriv’s proprietary platform is called Deriv App, which is available as a web version or a mobile app. Deriv App is designed to be user-friendly, customizable, and feature-rich, with access to all markets, trades and platforms offered by Deriv. Libertex’s proprietary platform is called Libertex Web or Libertex Mobile, which is also available as a web version or a mobile app. Libertex Web or Mobile is designed to be simple, intuitive, and fast, with access to all leveraged products offered by Libertex. The superior trading platform depends on your personal preference, experience level, and trading goals.
Do these brokers both offer MetaTrader?
Yes, both Deriv and Libertex offer MetaTrader 4 and MetaTrader 5 as trading platforms. MetaTrader 4 is the most popular trading platform in the industry, with advanced charting tools, technical analysis indicators, automated trading systems, and a large community of traders. MetaTrader 5 is the latest version of MetaTrader, with more features such as more timeframes, more order types, more markets, more analytical tools, and more execution modes.
How many Forex pairs can you expect from these brokers?
Deriv offers over 50 Forex pairs to trade, including major pairs such as EUR/USD, GBP/USD, USD/JPY; minor pairs such as EUR/GBP, AUD/NZD, CAD/CHF; exotic pairs such as USD/ZAR, EUR/TRY, SGD/JPY; and synthetic pairs such as AUD Index/USD Index, GBP Index/EUR Index, USD Index/JPY Index. Libertex offers over 40 Forex pairs to trade, including major pairs such as EUR/USD, GBP/USD, USD/JPY; minor pairs such as EUR/GBP, AUD/NZD, CAD/CHF; and exotic pairs such as USD/ZAR, EUR/TRY, SGD/JPY.
Is it safe to trade with Deriv?
Deriv is a safe broker to trade with because it is regulated by multiple authorities such as CySEC, BVI FSC, VFSC, FSA, and SVGFSA. It also segregates its clients’ funds from its own funds in accordance with CySEC’s rules. It also offers negative balance protection, meaning that traders cannot lose more than their initial deposit. It also has a high reputation among traders, with over 2.5 million clients worldwide and over 20 years of experience in the industry.
Is it safe to trade with Libertex?
Libertex is a safe broker to trade with because it is regulated by CySEC, which is a reputable authority in the European Union. It also offers negative balance protection, meaning that traders cannot lose more than their initial deposit. It also has a high reputation among traders, with over 2.2 million clients in 110 countries and over 20 years of experience in the industry.
Is Deriv a good broker?
Deriv is a good broker for traders who want to access a wide range of markets, trades and platforms, including forex, commodities, synthetic indices, stocks, stock indices, cryptocurrencies, exchange-traded funds, and derived products. Deriv also offers various trade types such as CFDs, options, and multipliers, as well as multiple trading platforms such as Deriv App, MetaTrader 4, and MetaTrader 5. Deriv also offers competitive pricing, high security, and excellent customer service.
Is Libertex a good broker?
Libertex is a good broker for traders who want to trade leveraged products such as CFDs and cryptocurrencies, as well as stocks commission-free. Libertex also offers multiple trading platforms such as Libertex Web or Mobile, MetaTrader 4, and MetaTrader 5. Libertex also offers competitive pricing, high security, and excellent customer service.
Deriv vs Libertex. Which forex broker is better? Which forex broker should you choose?
Deriv and Libertex are both online trading platforms that offer forex and CFD trading, among other markets and products. They both have their own advantages and disadvantages, depending on your trading needs and preferences. Here are some factors to consider when choosing between Deriv and Libertex:
- Regulation and security: Both Deriv and Libertex are regulated by the Cyprus Securities and Exchange Commission (CySEC), which means they have to comply with strict rules and standards to protect their clients’ funds and interests. They both also offer negative balance protection, meaning that traders cannot lose more than their initial deposit. However, Deriv also has additional licenses from the British Virgin Islands Financial Services Commission (BVI FSC), the Vanuatu Financial Services Commission (VFSC), the Labuan Financial Services Authority (FSA), and the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA), which allow it to offer its services to more jurisdictions. Deriv also segregates its clients’ funds from its own funds in accordance with CySEC’s rules. Therefore, Deriv may offer more security than Libertex when trading forex and CFDs.
- Pricing and fees: Deriv and Libertex have different pricing models depending on the type of asset and platform. Deriv charges variable spreads on forex and commodities, fixed spreads on synthetic indices and derived products, commissions on stocks and stock indices, and no fees on cryptocurrencies. Libertex charges variable spreads on forex and commodities, fixed commissions on stocks and stock indices, no fees on cryptocurrencies, and swap fees for overnight positions. Deriv also charges an inactivity fee of $25 per month after 12 months of no trading activity, while Libertex does not charge any inactivity fee. The best pricing option depends on your trading style, frequency, and preferences.
- Trading platforms and tools: Deriv and Libertex both offer multiple trading platforms, including MetaTrader 4 and MetaTrader 5, as well as their own proprietary platforms. Deriv’s proprietary platform is called Deriv App, which is available as a web version or a mobile app. Deriv App is designed to be user-friendly, customizable, and feature-rich, with access to all markets, trades and platforms offered by Deriv. Libertex’s proprietary platform is called Libertex Web or Libertex Mobile, which is also available as a web version or a mobile app. Libertex Web or Mobile is designed to be simple, intuitive, and fast, with access to all leveraged products offered by Libertex. The superior trading platform depends on your personal preference, experience level, and trading goals.
- Trading assets and products: Deriv offers a wider range of trading assets than Libertex, including forex, commodities, synthetic indices, stocks, stock indices, cryptocurrencies, exchange-traded funds, and derived products. Deriv also offers various trade types such as CFDs, options, and multipliers. Libertex mainly focuses on leveraged products such as CFDs and cryptocurrencies, as well as stocks commission-free. Deriv has over 100 assets to trade, while Libertex has over 250 assets to trade.
- Customer service and education: Deriv and Libertex both offer excellent customer service and education to their clients. They both offer video tutorials, webinars, e-books, articles, glossary, FAQs, and customer support via phone, email, and live chat. They both also offer market news, economic calendar, trading signals, technical analysis tools, trading indicators, charting tools, and trading alerts. Libertex also offers professional research and market reviews, as well as an academy with courses and quizzes.
In conclusion, Deriv and Libertex are both good brokers for forex and CFD trading, but they have different strengths and weaknesses. The best broker for you depends on your trading needs and preferences.