Deriv vs XM

Deriv
XM

Compare Deriv Vs XM Side by Side

Considering whether to opt for Deriv or XM? We’ve conducted a comparison review of Deriv and XM, encompassing safety measures, licensing, trading terms, costs, trading platforms, available instruments, deposit and withdrawal conditions, and other vital considerations. This thorough side-by-side analysis is designed to assist you in making an informed decision.

Summary

FeatureDerivXM
Website//www.deriv.com//xm.com
Founded year19992009
HeadquarterMaltaCyprus, Australia, Belize
LicensesMalta, Malaysia, Vanuatu, British Virgin IslandsCyprus, Australia, Belize, UAE
Minimum DepositUS$ 55 US$
Trading PlatformsMT5, DTrader, Deriv X, Deriv EZ, Deriv GO, SmartTrader, DBot, Binary BotMT4, MT5, XM WebTrader
Eurusd avg Spread0.1 pips1.6 pips

Licenses

FeatureDerivXM
Licenses Countries Info (short)
  • MFSA
  • VFSC
  • FSC
  • ASIC
  • CySEC
  • DFSA
  • IFSC

Deriv holds regulatory approvals in both Malta and Malaysia, functioning under two separate international entities. XM, on the other hand, is governed by a reputable regulatory body in Australia. Both brokers have also set up additional international entities, facilitating their global expansion and operations.

Broker Types

FeatureDerivXM
Broker types
  • STP
  • NDD
  • OTC
  • ECN
  • STP
  • NDD

Deriv functions exclusively as an STP (Straight Through Processing) broker, ensuring a seamless and direct market access trading experience for its users. XM, conversely, operates on a hybrid model, incorporating both ECN (Electronic Communication Network) and STP execution styles. This diverse approach by XM provides traders with an expanded spectrum of execution options, allowing for enhanced flexibility and choice in trading strategies and operations.

Trading Conditions

FeatureDerivXM
Trading Conditions
  • beginners
  • floating spread
  • low spread
  • high leverage
  • tight spread
  • zero spread
  • auto
  • expert advisor
  • hedging
  • scalping
  • beginners
  • commission
  • fixed spread
  • floating spread
  • tight spread
  • zero spread
  • auto
  • copy trade
  • expert advisor
  • hedging
  • scalping
  • social trading

Both Deriv and XM present favorable trading environments that stand out as practical options for beginner traders. They afford access to a wide array of trading strategies, complemented by minimal spreads and commissions, enhancing the overall trading experience. Furthermore, they offer attractive leverage options, empowering traders to amplify their market presence with a relatively modest initial investment.

Fees & Commissions

Fees & CommissionsDerivXM
Inactivity Feemonth$2515 $
Deposit fee$00 $
Withdrawal fee$00 $
Rollover fee eurusd buy 1 lot-1.2564-0.083
Rollover fee eurusd sell 1 lot0.5665-0.543
Avg Eurusd standard acc0.1 pips1.6 pips
Gold135
Brent oil35 pips
Bitcoin160

Deriv presents more competitive fees, boasting spreads that are generally lower than the industry average and charging no commissions, except for an inactivity fee. XM presents spreads that are slightly higher than the industry average. The broker also imposes inactivity fees

Account Types

FeatureDerivXM
Account types
  • Standard Account
  • Standard Account
  • Micro Account
  • Islamic Account
  • Swap Free Account

Both brokers offer an array of trading account choices, tailored to cater to a wide range of trading preferences. They provide competitive spreads and the valuable opportunity of a demo account, which is especially useful for beginner traders to hone their skills. However, only XM offers Islamic accounts, ensuring they can meet the distinct requirements of traders who follow Sharia Laws.

Markets & Instruments

Markets & InstrumentsDerivXM
Forex✔️55
Indices✔️28
Commodities✔️15
Cryptocurrencies✔️60
Shares600
Bonds
Options
Binary options
Spread betting
Treasuries
Futures
Etfs✔️

Both brokers offer a somewhat limited assortment of trading markets, with the variety of available instruments being somewhat confined. This modest selection may not cater to traders looking for a vast array of markets and instruments to diversify their trading portfolio extensively.

Trading Platforms

FeatureDerivXM
Platforms
  • own platform
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader

Deriv prioritizes its proprietary trading platforms, enhancing its services with the inclusion of MT5. Conversely, XM provides a variety of platforms such as MT4, MT5, and WebTrader. For traders in search of more sophisticated features, XM may emerge as a more appealing option to meet their advanced trading necessities.

Deposit & Withdrawal Methods

FeatureDerivXM
Payment methods
  • bitcoin
  • credit card
  • debit card
  • neteller
  • perfect money
  • skrill
  • Fasapay
  • credit card
  • debit card
  • neteller
  • skrill
  • webmoney
  • western union

The payment methods also resemble for both brokers. They provide flexibility with options such as bank transfers, debit/credit cards, and a choice of commonly used e-wallets as convenient payment alternatives.  However, Deriv sets itself apart by also supporting Bitcoin transfers.

Others

FeatureDerivXM
Others
  • Video Tutorial
  • telephone
  • live chat
  • 24/7 availability
  • Webinar
  • Seminar
  • Video Tutorial
  • telephone
  • live chat
  • 24/5 availability

Both Deriv and XM shine in the realm of customer support, extending live chat and telephone services to their clientele, with Deriv being accessible 24/7. They also equip traders with a rich spectrum of educational resources such as video tutorials, guides, and webinars. However, XM stands out by providing superior-quality educational materials that are accommodating to traders across all proficiency levels, and by organizing regular Forex Seminars in diverse locations, thereby amplifying its educational contributions. In contrast, Deriv’s educational offerings seem somewhat modest and less comprehensive.

Conclusion on XM vs Deriv

In conclusion, following our thorough comparison between Deriv and XM, it is evident that both brokers uphold a high level of reputation, possessing strong international footholds and complying with rigorous regulatory protocols. Both brokers facilitate beneficial trading environments and a broad selection of trading instruments. XM, however, carries an extra advantage by providing a more extensive variety of trading platforms, encompassing sophisticated features that are attuned to both novice and advanced traders.

Deriv excels in its fee structure, presenting lower spreads in contrast to XM, which offers slightly higher spreads. Despite this, XM holds a slight advantage due to its exceptional educational resources, standing out as the preferred choice for traders who prioritize extensive and comprehensive learning opportunities. Here is our final recommendation:

  • Deriv — 🥇Best Low Spread Broker characterized by robust technical tools and suitable for advanced traders
  • XM — 🥇 Best CFD Broker for Beginners with high levels of customer satisfaction