Exness vs Deriv Comparison & Reviews

Feature
Exness
Deriv
Founded
2008
1999 (formerly Binary.com, rebranded to Deriv in 2020)
Headquarters
Limassol, Cyprus
Malta
Regulation
CySEC, FCA, FSA, FSCA, CBCS, with services in Europe, Asia, and Africa, excluding US and restricted regions
MFSA (Malta), VFSC (Vanuatu), Labuan FSA (Malaysia), focused on Europe, Asia, parts of Africa
Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), Exness proprietary mobile app
Deriv Proprietary Platforms (DTrader, DBot, DMT5), MetaTrader 5 (MT5)
Account Types
Standard Accounts (Standard, Standard Cent), Professional Accounts (Raw Spread, Zero, Pro)
Standard account, Synthetic Indices account (unique for Deriv), Deriv MT5 account for multi-asset trading
Order Types
Market Order, Pending Order (Limit, Stop), Take Profit, Stop Loss, Trailing Stop
Market Order, Limit Order, Take Profit, Stop Loss, Trailing Stop
Minimum Deposit
Standard: $1 (varies by region), Pro and Raw Spread: $200
Varies by payment method, as low as $5
Leverage
Up to 1:2000 for retail clients (varies by instrument, account type, and region)
Up to 1:1000 for retail clients
Spreads
From 0.0 pips on Raw Spread and Pro accounts, Standard accounts starting from 0.3 pips
Variable spreads starting from 0.5 pips (dependent on market conditions and asset types)
Commission Fees
Zero commission on Standard accounts, $3.5 per lot per side on Raw Spread and Zero accounts
No commissions on most trades, some fees apply for specific assets (like synthetic indices)
Asset Classes
Forex (currency pairs), Cryptocurrencies (Bitcoin, Ethereum, etc.), Metals (Gold, Silver), Indices (S&P 500, FTSE 100, etc.), Energies (Oil, Gas), CFDs on Stocks
Forex, Cryptocurrencies, Indices, Commodities (Gold, Oil), Synthetic Indices (exclusive to Deriv), Stock indices, Derived indices
Synthetic Indices
No
Yes, proprietary synthetic indices that mimic real-world markets, tradeable 24/7
Number of Assets
Over 100 instruments
Over 100 instruments, plus exclusive synthetic indices
Trading Instruments
Over 100 currency pairs, 30+ crypto pairs, CFDs on stocks, indices, commodities
50+ currency pairs, cryptocurrencies, 20+ indices, commodities, exclusive synthetic indices
Deposits & Withdrawals
Credit/Debit Cards (Visa, MasterCard), E-wallets (Skrill, Neteller, WebMoney), Bank transfers, Cryptocurrencies (Bitcoin, Ethereum), Local payment options depending on region
Credit/Debit Cards (Visa, MasterCard), E-wallets (Skrill, Neteller, Fasapay), Cryptocurrencies (Bitcoin, Ethereum), Bank transfers, Local payment options depending on region
Deposit Processing Time
Instant for most methods, Bank transfers may take 3-5 business days
Instant for most methods, Bank transfers may take up to 3 business days
Withdrawal Processing Time
Instant for most e-wallets and crypto withdrawals, Bank transfers may take 3-5 business days
Instant for most methods, Bank transfers may take 1-3 business days
Withdrawal Limits
No minimum withdrawal on most payment methods, Max withdrawal depends on payment provider
No minimum for most methods, limits depend on the payment method
Deposit Fees
No deposit fees
No deposit fees
Withdrawal Fees
No withdrawal fees, although some payment providers may apply their own fees
No withdrawal fees, although some methods may incur fees (e.g., crypto withdrawals)
Customer Support
24/7 via live chat, email support, phone support in some regions
24/7 via live chat and email, no phone support
Languages Supported
English, Chinese, Arabic, Spanish, Portuguese, Russian, and more
English, Chinese, French, Spanish, Malay, Portuguese, and more
Educational Resources
Free webinars, Tutorials, Market analysis, News feeds, Trading calculators, Economic calendar
Webinars, Tutorials, Blog posts, eBooks, Market news, Technical analysis, Glossary of trading terms
Trading Tools
Trading calculators (Margin, Profit, and Swap), Economic calendar, Trading signals, VPS hosting for algorithmic trading, Market analysis
DerivBot (automated trading), TradingView chart integration, Risk management tools (Take profit, Stop Loss), Economic calendar
Order Execution
Ultra-fast execution (average 0.01 seconds), No requotes, No dealing desk
Fast execution, No dealing desk, No requotes
Trading Hours
24/5 for Forex and CFDs, Cryptocurrencies available 24/7
24/5 for Forex and CFDs, Synthetic Indices tradeable 24/7
Mobile Trading
Exness mobile trading app for iOS and Android, Full trading features available
Deriv Go mobile app for iOS and Android, Simplified trading interface
Automated Trading
Supported via MetaTrader 4 and MetaTrader 5 (EAs), VPS available for automated strategies
Available via DBot (proprietary bot-building platform), MetaTrader 5 supports EAs
Demo Account
Yes, Unlimited and available for all account types
Yes, Unlimited and available for all account types
Islamic (Swap-Free) Accounts
Yes, available upon request for Islamic traders
Yes, available for Islamic traders
Regional Restrictions
Not available for US residents, Restricted in certain regions (e.g., Canada, Belgium)
Not available for US residents, Restricted in certain countries (e.g., Canada, Singapore)
Security & Client Fund Safety
Segregated client funds, Encrypted transactions, Top-tier regulatory oversight (FCA, CySEC, etc.)
Segregated client funds, Encrypted transactions, Regulated by MFSA, VFSC, and Labuan FSA
Data Protection
AES 256-bit encryption, Strict data protection and privacy policies
SSL encryption, GDPR-compliant, Strong data protection policies
Bonus & Promotions
No bonuses due to regulatory restrictions
Occasionally offers promotions (varies by region)
Unique Features
High leverage options, Cent accounts for beginners, Localized payment options, Wide variety of trading instruments
24/7 trading on synthetic indices, Proprietary trading bot (DBot), Simplified trading platform for beginners, Synthetic indices exclusive to Deriv
Reputation
Well-regarded for tight spreads, fast execution, and top-tier regulation, Broad client base globally
Known for innovative synthetic indices, simplified platform, and good customer support, Broad client base in Asia, Europe
Customer Loyalty Programs
Yes, offers loyalty program where clients can earn points redeemable for bonuses and rewards.
Yes, Deriv has a referral program allowing users to earn bonuses by referring new clients.
Trading Competitions
Regular trading competitions with cash prizes and bonuses for high performers.
Periodic trading competitions with cash prizes and promotional rewards for participants.
Community Involvement
Active in community support and sponsorship programs in various regions.
Engages with the trading community through webinars and sponsorships, offering educational resources.
Personal Account Manager
Yes, clients can request a personal account manager for tailored support and advice.
Yes, Deriv offers personal account management for clients who meet certain trading volume criteria.
Account Management Features
User-friendly client portal for easy management of accounts, including deposit and withdrawal management, account history, and settings.
Deriv’s client portal is straightforward, offering account management tools, transaction history, and customization options for trading settings.
Security Features
Two-factor authentication (2FA), advanced anti-fraud measures, and biometric login options on mobile app.
Two-factor authentication (2FA) available, biometric security features on mobile app, and strong security protocols in place.
Withdrawal Methods
Supports a wide range of withdrawal methods, including local bank transfers, often with no additional fees.
Wide range of withdrawal options including e-wallets and crypto, with no additional fees for most methods.
Payment Processing Times
Most payment methods are instant, with bank transfers taking longer (3-5 days).
Instant processing for most methods, with bank transfers typically taking 1-3 days.
Market Research
Provides regular market insights, economic forecasts, and expert analysis on various trading instruments.
Offers market news and analysis, including economic indicators and trading signals through its educational resources.
Social Trading Features
No built-in social trading features.
Offers social trading capabilities, allowing traders to follow and copy successful strategies of other traders.
Tax Reporting Assistance
Provides clients with yearly tax statements to help with reporting earnings for tax purposes.
Does not specifically provide tax reporting services but offers transaction history for client record-keeping.
Risk Management Tools
Advanced risk management tools available, including customizable alerts and notifications for account activity.
Comprehensive risk management tools such as margin calculators, stop-loss, and take-profit orders integrated within trading platforms.
Account Types for Professionals
Various professional account types with advanced trading features, designed for experienced traders.
Offers specialized accounts tailored to professional traders, focusing on synthetic indices and CFD trading.
API Trading
Provides API access for algorithmic trading and integration with third-party applications.
API trading is available, allowing for advanced automated trading strategies and integrations.
Historical Data Access
Clients can access extensive historical data for technical analysis and strategy testing.
Offers historical data for various assets, particularly for synthetic indices, for backtesting and analysis.
Multiple Base Currencies
Supports multiple base currencies for trading accounts (USD, EUR, GBP, etc.).
Allows account funding in various currencies, including USD, EUR, GBP, and others.
User Reviews and Reputation
Generally positive reviews for customer service and trading conditions, with a solid reputation in the industry.
Mixed reviews, often praised for innovation and synthetic indices, but some criticism regarding withdrawal times and customer service.
Technology and Innovation
Invests heavily in technology to ensure fast execution and reliable trading experience.
Known for innovative trading features, particularly in synthetic indices and automated trading solutions (DBot).
See also  Exness vs XTB Comparison & Reviews

Exness offers extensive market research, a strong loyalty program, and professional trading tools, while Deriv focuses on innovation with synthetic indices, social trading, and simplified automated trading.