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Exness vs Deriv
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Updated:
Compare Exness Vs Deriv Side by Side
Trying to choose between Exness vs Deriv? We’ve completed a detailed comparison of Exness and Deriv Reviews, covering safety, licenses, trading conditions, fees, trading platforms, instruments, deposit and withdrawal conditions, and other crucial factors, offering you a comprehensive side-by-side analysis to aid in your decision-making process.
Summary
| Feature | Exness | Deriv |
|---|---|---|
| Website | //www.exness.com | //www.deriv.com |
| Founded year | 2008 | 1999 |
| Headquarter | Cyprus | Malta |
| Licenses | FCA, CMA, CySEC, SFSA, CBCS, FSC BVI, FSC Muritius, FSCA | Malta, Malaysia, Vanuatu, British Virgin Islands |
| Minimum Deposit | USD$ 10 | US$ 5 |
| Trading Platforms | MT4, MT5, Exness Terminal, Exness Trading App | MT5, DTrader, Deriv X, Deriv EZ, Deriv GO, SmartTrader, DBot, Binary Bot |
| Eurusd avg Spread | 1.2 pips | 0.1 pips |
Licenses
| Feature | Exness | Deriv |
|---|---|---|
| Licenses Countries Info (short) |
|
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Exness stands out as a highly reputable broker, boasting multiple top-tier licenses within the European Union as well as adhering to numerous other international regulations that bolster its global operations. On the other hand, Deriv is duly regulated in both Malta and Malaysia, operating under two distinct international entities.
Broker Types
| Feature | Exness | Deriv |
|---|---|---|
| Broker types |
|
|
Deriv operates solely as an STP broker, while Exness provides traders the versatility of both ECN and STP brokerage services. Such a dual functionality in Exness gives it an edge, allowing it to cater to a broader range of trading preferences and strategies.
Trading Conditions
| Feature | Exness | Deriv |
|---|---|---|
| Trading Conditions |
|
|
Both Exness and Deriv present favorable trading environments, featuring competitive spreads and an impressive suite of tools, making them particularly suitable for novice traders. Nonetheless, in a side-by-side comparison, Exness demonstrates a higher degree of adaptability. Additionally, Exness stands out with its social trading feature.
Fees & Commissions
| Fees & Commissions | Exness | Deriv |
|---|---|---|
| Inactivity Feemonth | $0 | $25 |
| Deposit fee | $0 | $0 |
| Withdrawal fee | $0 | $0 |
| Rollover fee eurusd buy 1 lot | - | -1.2564 |
| Rollover fee eurusd sell 1 lot | −0.65131 | 0.5665 |
| Avg Eurusd standard acc | 1.2 pips | 0.1 pips |
| Gold | 0.3 | 1 |
| Brent oil | 4 pips | 3 |
| Bitcoin | 29 | 1 |
Compared to Exness, Deriv seems to present more attractive trading costs, notably through its tighter spreads. It’s commendable that neither broker imposes commission fees, ensuring that both offer generally competitive trading fee structures.
Account Types
| Feature | Exness | Deriv |
|---|---|---|
| Account types |
|
|
When it comes to account variety, Exness takes the lead with a broader selection tailored to diverse trader needs, including Swap Free accounts catering to those adhering to Sharia Laws. Conversely, while Deriv doesn’t provide an Islamic account option, it does have a spectrum of trading accounts designed for various strategies.
Markets & Instruments
| Markets & Instruments | Exness | Deriv |
|---|---|---|
| Forex | 100 | ✔️ |
| Indices | 10 | ✔️ |
| Commodities | 6 | ✔️ |
| Cryptocurrencies | 27 | ✔️ |
| Shares | ❌ | ❌ |
| Bonds | ❌ | ❌ |
| Options | ❌ | ❌ |
| Binary options | ❌ | ❌ |
| Spread betting | ❌ | ❌ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | ❌ | ✔️ |
Exness and Deriv are quite comparable when it comes to the range of trading instruments, as both present a somewhat restricted array. Moreover, the asset selection provided by both brokers is somewhat limited, reflecting a more focused approach rather than a vast assortment.
Trading Platforms
| Feature | Exness | Deriv |
|---|---|---|
| Platforms |
|
|
Exness boasts a diverse selection of third-party platforms, complementing its proprietary platform with the likes of MT4, MT5, and WebTrader. In contrast, Deriv places more emphasis on its in-house platforms but also supplements its offerings with MT5.
Deposit & Withdrawal Methods
| Feature | Exness | Deriv |
|---|---|---|
| Payment methods |
|
|
Both Exness and Deriv offer comparable payment methods. They accommodate bank transfers, debit/credit card transactions, and a range of widely-used e-wallets. However, Deriv sets itself apart by also supporting Bitcoin transfers.
Others
| Feature | Exness | Deriv |
|---|---|---|
| Others |
|
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Exness and Deriv both provide good customer service, providing 24/7 support, live chat, and phone assistance, guaranteeing continuous help for their clientele. On the educational front, Exness stands out with its dedicated Exness Academy, which offers tailored resources to nurture traders globally. These materials are structured based on the learner’s experience level, covering the fundamental concepts. Meanwhile, Deriv’s educational offerings appear to be somewhat lacking in comparison.
Conclusion on Deriv vs Exness
In summarizing our comparative review of Exness vs. Deriv, both brokers emerge as well-regulated entities, each offering a diverse selection of account types and trading platforms. Exness stands out for its emphasis on trader education, with its range of tutorials and webinars. While both brokers boast strong customer support and a comprehensive platform lineup, Deriv might be the preferred choice for those who prioritize ultra-low spreads and overall reduced commissions. Here is our final recommendation:
- Exness — 🥇Best STP/ECN Broker characterized by low spreads and a transparent pricing model.
- Deriv — 🥇 Best Broker for Scalping offering perfect customer and range of platforms
