| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| Deriv | $5 Minimum Deposit | DTrader, MT5, cTrader, DBot, SmartTrader, Deriv X, Deriv GO, Deriv EZ Trading Platforms | 100+ Markets To Trade | Binary.com has moved to Deriv, which offers more platforms and ways to trade in a user friendly suite of platforms About |
| Binary.com (Deriv) | $5 Minimum Deposit | Web Trader, MT5, Binary Bot, SmartTrader Trading Platforms | 100+ Markets To Trade | Binary.com has moved to Deriv, bringing its platforms and features to Deriv About |
Deriv vs Binary.com Comparison
Deriv began as a trading platform offered by Binary.com. However Deriv.com is the rebranding of Binary.com and Binary.com has moved to Deriv.
Deriv actually offers most of the platforms offered by Binary.com, but it packages them in an intuitive platform suite. For example Binary.com offered Binary Bot, which is a drag and drop platform for building and running robots. This is on Deriv as DBot, but can be accessed by a drop down which provides the range of platforms on Deriv (however Deriv also provides Binary Bot in its suite of platforms as a legacy platform).
In keeping with this difference and similarity, Binary.com's offering of MT5 is available on Deriv. Platforms which which Binary.com did not have include cTrader platform and DTrader, which is a user friendly platform and user friendly Deriv X, which is for margin trading CFDs. Binary.com offered a different Web Trader.
Deriv also provides a mobile app (Deriv GO) dedicated to trading markets with Multipliers (with a minimum order of $1) which incorporates the Deriv EZ platform for CFDs on margin.
So all in all, they have similarities in the platforms offered, but Deriv packages these platforms in a more intuitive way and renames them and additionally offers cTrader, DTrader, Deriv X and Deriv GO and Deriv EZ.
Like Binary.com, Deriv offers CFDs based on real markets but has expended to offers Stocks CFDs. Also like Binary.com, Deriv provides CFDs based on synthetic markets (called Synthetic Indices or Synthetics). Deriv has widened its range of Synthetic, offering different types on Indices simulating market conditions from ranges, to trends to action around news events.
Quick comparison
Binary.com has moved to Deriv. Deriv packages Binary.com's platforms in an intuitive platform suite and adds additional features and platforms.
Minimum deposit and key account features
The minimum deposit for Deriv is $5 (and was for Binary.com).
- Binary.com offered a range of features on its website including webinars, an Economic Calendar and TradingView. When the trader opened their account they gained access to the SmartTrader platform and could then open MT5 accounts. These accounts included a Financial account, a Financial STP account and a Synthetic account (different accounts can be available in different countries).
- Deriv offers a range of platforms and account types packaged into one platform. It includes on MT5 (the MT5 account) a Financial, a Financial STP and a Synthetic account. On its user friendly platform Deriv X, it offers features such as a dynamic Trading Journal. Copy trading is supported via MQL5 Signals and 'Copy' on cTrader. Some products may not be available in some countries.
| Online Broker | Minimum Deposit | Deriv vs Binary.com |
|---|---|---|
| Deriv | $5 Minimum Deposit | Binary.com has moved to Deriv. Deriv takes Binary.com's platform and puts them in a user friendly suite of platforms and adds more platforms and features Deriv vs Binary.com |
| Binary.com (Deriv) | $5 Minimum Deposit | Binary.com offered a somewhat different range of platforms to Deriv, centered around SmartTrader (which both offer). Binary.com has moved to Deriv. Deriv vs Binary.com |
Markets
- Deriv offers Forex, Metals, Indices, Energy, Stocks, Cryptocurrencies, Options and ETFs, with 100+ available.
- Binary.com offered Forex, Metals, Indices, Energy, Stocks, Cryptocurrencies and Options, with 100+ available.
Cryptocurrency CFDs
- Deriv offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, EOS, Stellar, Monero, Zcash, IOTA, NEO, OmiseGO, TRON and Binance Coin CFDs.
Leverage
Maximum leverage for Deriv (MFSA regulated) is . Maximum leverage for Deriv (VFSC, BVIFSC, LFSA regulated) is 1000:1.
Online trading platforms
Binary.com offered Web Trader, MT5, SmartTrader and Binary Bot. Deriv offers Deriv X, cTrader, DTrader, Deriv Go, DMT5, SmartTrader and DBot (and Binary Bot).
Why Binary.com or Deriv ?
Firstly, the trader who wants to trade at Binary.com will now trade at Deriv, as Binary.com has moved to Deriv. However the trader will find the platforms and features they would have been familiar with at Binary.com, with more added. Traders who want to trade a wide range of types of markets, as were offered by Binary.com may do so at Deriv. Traders who want an innovative user friendly platform will find Deriv X at Deriv. Traders who wish to trade CFDs on margin can do so on MT5, cTrader, Deriv EZ and Deriv X. Traders who want to trade Multipliers on mobile, can do so on Deriv GO.
Comparison summary
- Binary.com has moved to Deriv
- Deriv offers Binary.com's platforms
- Deriv provides more platforms and features
- Deriv is a user friendly suite of platforms
- Deriv offers trading with Multipliers (from $1)
- Deriv allows copy trading and automated trading
- Deriv offers trading on margin on MT5, cTrader, Deriv X and Deriv EZ
- Deriv has a $5 minimum deposit
