Compare Deriv vs NSFX
What is Deriv? What is NSFX?
Deriv is an online trading platform that offers forex, commodities, synthetic indices, stocks, and stock indices. It was launched in 2020 by Regent Markets Group, which also operates Binary.com and BetonMarkets.com. Deriv claims to offer the widest range of markets, trades and platforms for traders of all levels.
NSFX is an online forex and CFD broker that was founded in 2012 and is regulated by the MFSA in Malta. NSFX offers ECN technology, tight spreads, fast execution and various trading platforms for web, desktop and mobile devices. NSFX also provides educational resources, analytical tools and client protection schemes.
Deriv vs NSFX Overall Comparison
| Criteria | Deriv | NSFX |
|---|---|---|
| Year Founded | 2020 | 2012 |
| Regulator | None | MFSA (Malta) |
| Minimum Deposit | $5 | $300 |
| Maximum Leverage | 1:1000 | 1:200 |
| Number of Assets | Over 100 | Over 70 |
| Trading Platforms | MT4, DTrader, DBot, DMT5, SmartTrader | MT4, JForex |
| Trading Types | CFDs, Options, Multipliers | CFDs |
| Demo Account | Yes | Yes |
| Islamic Account | Yes | Yes |
| Customer Support | 24/7 via email, phone, live chat | 24/5 via email, phone, live chat |
Deriv vs NSFX Regulation Comparison
Deriv is not regulated by any financial authority. It operates under the laws of Saint Vincent and the Grenadines, which is a jurisdiction that does not have strict regulatory standards or oversight for online brokers. This means that Deriv clients do not have any legal recourse or protection in case of disputes or issues with the broker.
NSFX is regulated by the Malta Financial Services Authority (MFSA), which is a reputable regulator in the European Union that follows the MiFID directives. This means that NSFX clients benefit from high regulatory standards, such as segregated funds, negative balance protection, investor compensation scheme and regular audits.
Deriv vs NSFX Trading Assets Comparison
Deriv offers a wide range of trading assets, including forex, commodities, synthetic indices, stocks and stock indices. Synthetic indices are unique to Deriv and are simulated markets that mimic the movements of real-world markets. Deriv claims that synthetic indices are free from market manipulation and offer constant volatility.
NSFX offers a more limited range of trading assets, including forex, commodities and indices. NSFX does not offer synthetic indices or stocks.
Deriv vs NSFX Trading Fees Comparison
Deriv charges variable spreads and commissions depending on the asset and the platform. For example, on MT4, the average spread for EUR/USD is 1.3 pips and the commission is $10 per lot round turn. On DTrader, the average spread for EUR/USD is 0.9 pips and there is no commission.
NSFX charges fixed or variable spreads depending on the account type and the platform. For example, on MT4 Fixed account, the spread for EUR/USD is 3 pips and there is no commission. On JForex ECN account, the spread for EUR/USD is 0.4 pips and the commission is $8 per lot round turn.
Deriv vs NSFX Account Types Comparison
Deriv offers four account types: Standard, Advanced, Synthetic Indices and Financial STP. The Standard account has a minimum deposit of $5 and offers CFDs on forex and commodities with leverage up to 1:1000. The Advanced account has a minimum deposit of $100 and offers CFDs on forex, commodities and stock indices with leverage up to 1:200. The Synthetic Indices account has a minimum deposit of $10 and offers CFDs on synthetic indices with leverage up to 1:1000. The Financial STP account has a minimum deposit of $10 and offers options on forex and commodities with leverage up to 1:100.
NSFX offers three account types: MT4 Fixed, MT4 ECN and JForex ECN. The MT4 Fixed account has a minimum deposit of $300 and offers CFDs on forex, commodities and indices with fixed spreads and leverage up to 1:200. The MT4 ECN account has a minimum deposit of $3,000 and offers CFDs on forex, commodities and indices with variable spreads, ECN execution and leverage up to 1:100. The JForex ECN account has a minimum deposit of $5,000 and offers CFDs on forex, commodities and indices with variable spreads, ECN execution and leverage up to 1:100.
Deriv vs NSFX Trading Conditions Comparison
Deriv offers flexible trading conditions for different trade types and assets. It allows traders to choose their own trade duration, stake size and payout percentage for options trades. It also allows traders to adjust their leverage level up to 1000:1 for forex CFDs and multipliers. It also offers stop loss and take profit features for CFDs and multipliers trades.
NSFX offers standard trading conditions for CFD trades. It does not offer options or multipliers trades. It allows traders to choose their own trade duration and stake size for CFD trades. It also allows traders to adjust their leverage level up to 30:1 for forex CFDs. It also offers stop loss and take profit features for CFD trades.
Deriv vs NSFX Deposit Options Comparison
Deriv offers a variety of deposit and withdrawal options, such as bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller, FasaPay, etc.), cryptocurrencies (Bitcoin, Ethereum, etc.) and local payment methods (PayTrust88, Help2Pay, etc.). Deriv does not charge any fees for deposits or withdrawals. The processing time varies depending on the method, but it is usually instant or within one business day.
NSFX offers a limited number of deposit and withdrawal options, such as bank wire transfer, credit/debit cards and e-wallets (Skrill and Neteller). NSFX does not charge any fees for deposits or withdrawals. The processing time varies depending on the method, but it is usually within one business day.
Deriv vs NSFX Trading Platforms Comparison
Deriv offers five trading platforms: MT4, DTrader, DBot, DMT5 and SmartTrader. MT4 is the most popular platform for forex and CFD trading, with advanced charting, technical analysis and automated trading features. DTrader is a web-based platform that allows traders to customize their trades with various parameters and payouts. DBot is a web-based platform that allows traders to create their own automated trading strategies using a drag-and-drop interface. DMT5 is a web-based platform that allows traders to trade multipliers on forex and synthetic indices. SmartTrader is a web-based platform that allows traders to trade options on forex and synthetic indices.
NSFX offers two trading platforms: MT4 and JForex. MT4 is the most popular platform for forex and CFD trading, with advanced charting, technical analysis and automated trading features. JForex is a web-based platform that allows traders to trade CFDs with ECN execution and tight spreads.
Deriv vs NSFX Analytical Tools Comparison
Deriv offers various analytical tools to help traders make informed decisions and improve their trading performance. Some of these tools are:
- TradingView: A web-based tool that provides interactive charts, technical analysis, market data and trading signals for over 100,000 assets across different markets.
- SmartCharts: A web-based tool that provides interactive charts, technical analysis, market data and trading signals for over 50 assets across different markets. It also has features such as pattern recognition, trade management and risk management.
- TradingView Widgets: A web-based tool that provides widgets that can be embedded on any website or blog to display interactive charts, technical analysis, market data and trading signals for over 100,000 assets across different markets.
- Economic Calendar: A web-based tool that provides information on upcoming economic events and their potential impact on the markets.
- Market News: A web-based tool that provides the latest news and updates on the markets and the economy.
NSFX offers various analytical tools to help traders make informed decisions and improve their trading performance. Some of these tools are:
- NSFX Pro: A web-based tool that provides interactive charts, technical analysis, market data and trading signals for over 50 assets across different markets. It also has features such as pattern recognition, trade management and risk management.
- Economic Calendar: A web-based tool that provides information on upcoming economic events and their potential impact on the markets.
- Market News: A web-based tool that provides the latest news and updates on the markets and the economy.
- Trading Central: A web-based tool that provides technical analysis, market data and trading signals for over 50 assets across different markets. It also has features such as pattern recognition, trade management and risk management.
Deriv vs NSFX Educational Resources Comparison
Deriv offers various educational resources to help traders improve their knowledge and skills. Some of the educational resources offered by Deriv include:
- 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 has a YouTube channel where it uploads video tutorials on how to use its platforms and tools, as well as market analysis and trading tips.
- Webinars: Deriv hosts live webinars where traders can learn from experts and interact with other participants. The webinars cover topics such as technical analysis, risk management, and trading strategies.
- Glossary: Deriv has a comprehensive glossary of trading terms and definitions that traders can refer to anytime they need clarification.
NSFX does not seem to have a dedicated section for educational resources on its website. However, it does offer some features that can help traders learn more about the markets and trading, such as:
- Economic calendar: NSFX provides an economic calendar that shows the upcoming events and data releases that can affect the market movements and volatility.
- Market news: NSFX publishes market news and analysis on its blog, where traders can find updates on the major currency pairs, commodities, indices, and cryptocurrencies.
- Trading tools: NSFX offers various trading tools that can enhance the trading experience, such as calculators, indicators, signals, and expert advisors.
Which offers better pricing – Deriv or NSFX
The answer to this question depends on the type of asset, account and platform you are trading with. In general, Deriv offers lower spreads and commissions than NSFX, especially on synthetic indices, stocks and stock indices. However, NSFX may offer better pricing on some forex pairs and commodities, especially on the ECN accounts and platforms.
For example, on MT4, the average spread for EUR/USD is 1.3 pips and the commission is $10 per lot round turn on Deriv, while the spread is 3 pips and there is no commission on NSFX Fixed account, or the spread is 0.4 pips and the commission is $8 per lot round turn on NSFX ECN account.
Which broker offers more security when trading Forex and CFDs?
NSFX offers more security when trading forex and CFDs than Deriv, as it is regulated by the MFSA in Malta, which is a reputable regulator in the European Union that follows the MiFID directives. This means that NSFX clients benefit from high regulatory standards, such as segregated funds, negative balance protection, investor compensation scheme and regular audits.
Deriv is not regulated by any financial authority. It operates under the laws of Saint Vincent and the Grenadines, which is a jurisdiction that does not have strict regulatory standards or oversight for online brokers. This means that Deriv clients do not have any legal recourse or protection in case of disputes or issues with the broker.
Which broker offers the superior trading platform?
The answer to this question depends on your personal preference and trading style. Both brokers offer multiple trading platforms for web, desktop and mobile devices, with different features and functionalities.
Deriv offers five trading platforms: MT4, DTrader, DBot, DMT5 and SmartTrader. MT4 is the most popular platform for forex and CFD trading, with advanced charting, technical analysis and automated trading features. DTrader is a web-based platform that allows traders to customize their trades with various parameters and payouts. DBot is a web-based platform that allows traders to create their own automated trading strategies using a drag-and-drop interface. DMT5 is a web-based platform that allows traders to trade multipliers on forex and synthetic indices. SmartTrader is a web-based platform that allows traders to trade options on forex and synthetic indices.
NSFX offers two trading platforms: MT4 and JForex. MT4 is the most popular platform for forex and CFD trading, with advanced charting, technical analysis and automated trading features. JForex is a web-based platform that allows traders to trade CFDs with ECN execution and tight spreads.
Do these brokers both offer MetaTrader?
Yes, both brokers offer MetaTrader 4 (MT4) as one of their trading platforms. MT4 is the most popular platform for forex and CFD trading, with advanced charting, technical analysis and automated trading features.
How many Forex pairs can you expect from these brokers?
Deriv offers close to 50 forex pairs, including majors, minors and exotics.
NSFX offers over 40 forex pairs, including majors, minors and exotics.
Is it safe to trade with Deriv?
Trading with Deriv involves a high level of risk, as it is not regulated by any financial authority. Deriv operates under the laws of Saint Vincent and the Grenadines, which is a jurisdiction that does not have strict regulatory standards or oversight for online brokers. This means that Deriv clients do not have any legal recourse or protection in case of disputes or issues with the broker.
Deriv also does not provide any insurance or compensation schemes for its clients in case of insolvency or bankruptcy.
Therefore, it is advisable to exercise caution when trading with Deriv and only use funds that you can afford to lose.
Is it safe to trade with NSFX?
Trading with NSFX is relatively safe, as it is regulated by the MFSA in Malta, which is a reputable regulator in the European Union that follows the MiFID directives. This means that NSFX clients benefit from high regulatory standards, such as segregated funds, negative balance protection, investor compensation scheme and regular audits.
NSFX also provides a secure and encrypted website and trading platforms, as well as various risk management tools and features.
Therefore, it is advisable to trade with NSFX with confidence and trust.
Is Deriv a good broker?
Deriv is a good broker for traders who are looking for a wide range of markets, trades and platforms, especially synthetic indices, stocks and stock indices. Deriv also offers low spreads and commissions, various trading tools and educational resources, and 24/7 customer support.
However, Deriv is not a good broker for traders who are looking for a regulated and secure broker, as it is not licensed by any financial authority and does not provide any legal protection or insurance for its clients.
Is NSFX a good broker?
NSFX is a good broker for traders who are looking for a regulated and secure broker, as it is licensed by the MFSA in Malta and follows the MiFID directives. NSFX also offers ECN technology, tight spreads, fast execution and various trading platforms and tools.
However, NSFX is not a good broker for traders who are looking for a low minimum deposit, as it requires at least $300 to open an account. NSFX also does not offer synthetic indices or stocks, which may limit some trading opportunities.
Deriv vs NSFX. Which forex broker is better? Which forex broker should you choose?
Deriv vs NSFX: Which forex broker is better?
The answer to this question depends on your personal preference and trading goals. Both brokers have their own advantages and disadvantages, and you should consider various factors before choosing one of them. Here are some of the main aspects to compare:
Regulation and Security
NSFX is a better choice if you are looking for a regulated and secure broker, as it is licensed by the MFSA in Malta, which is a reputable regulator in the European Union that follows the MiFID directives. This means that NSFX clients benefit from high regulatory standards, such as segregated funds, negative balance protection, investor compensation scheme and regular audits.
Deriv is not regulated by any financial authority. It operates under the laws of Saint Vincent and the Grenadines, which is a jurisdiction that does not have strict regulatory standards or oversight for online brokers. This means that Deriv clients do not have any legal recourse or protection in case of disputes or issues with the broker.
Pricing and Fees
Deriv offers lower spreads and commissions than NSFX, especially on synthetic indices, stocks and stock indices. However, NSFX may offer better pricing on some forex pairs and commodities, especially on the ECN accounts and platforms.
For example, on MT4, the average spread for EUR/USD is 1.3 pips and the commission is $10 per lot round turn on Deriv, while the spread is 3 pips and there is no commission on NSFX Fixed account, or the spread is 0.4 pips and the commission is $8 per lot round turn on NSFX ECN account.
Trading Platforms and Tools
Both brokers offer multiple trading platforms for web, desktop and mobile devices, with different features and functionalities.
Deriv offers five trading platforms: MT4, DTrader, DBot, DMT5 and SmartTrader. MT4 is the most popular platform for forex and CFD trading, with advanced charting, technical analysis and automated trading features. DTrader is a web-based platform that allows traders to customize their trades with various parameters and payouts. DBot is a web-based platform that allows traders to create their own automated trading strategies using a drag-and-drop interface. DMT5 is a web-based platform that allows traders to trade multipliers on forex and synthetic indices. SmartTrader is a web-based platform that allows traders to trade options on forex and synthetic indices.
NSFX offers two trading platforms: MT4 and JForex. MT4 is the most popular platform for forex and CFD trading, with advanced charting, technical analysis and automated trading features. JForex is a web-based platform that allows traders to trade CFDs with ECN execution and tight spreads.
Trading Assets and Instruments
Deriv offers a wide range of trading assets and instruments, including forex, commodities, synthetic indices, stocks and stock indices. Synthetic indices are unique to Deriv and are simulated markets that mimic the movements of real-world markets. Deriv claims that synthetic indices are free from market manipulation and offer constant volatility.
NSFX offers a more limited range of trading assets and instruments, including forex, commodities
