| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| Deriv | $5 Minimum Deposit | Deriv X, DTrader, DMT5, DBot, SmartTrader Trading Platforms | 100+ Markets To Trade | Deriv offers user friendly Deriv X and MT5, supporting copy trading via MQL5 Signals and has a low minimum deposit of $5 About |
| eToro | $50 Minimum Deposit | Web Trader & Apps Trading Platforms | 2000+ Markets To Trade | eToro offers social and copy trading integrated into its user friendly platform About |
eToro vs Deriv Comparison
Deriv is a suite of platform in an intuitive layout. It offers CFD trading, including CFD trading based on real and simulated markets on MT5 (with copy trading) and user friendly Deriv X. eToro provides a user friendly platform which integrates social and copy trading, thus allowing the trader to supplement their analysis with the ideas of other traders and to copy their trades.
Deriv is for those who want a suite of platforms and ways to trade CFD markets, including simulated markets and access the capabilities of MT5, while eToro is for those who wish to use social and copy trading as well as their own analysis on CFDs and real markets.
eToro offers real Stocks, Cryptos and ETFs to buy to own in addition to CFD trading. As well, eToro has a staking service (to earn rewards from Cryptos, T&Cs apply) and its eToro Money crypto wallet (where Cryptos can be exchanged). eToro also offers real Stocks to buy with 0% commission.
Quick comparison
eToro offers a user friendly platform with social and copy trading, while Deriv provides a suite of platforms supporting trading on real and simulated markets.
Minimum deposit and key account features
The minimum deposit for Deriv is $5. The minimum deposit for eToro is $50.
- Deriv offers a range of platforms and account types packaged into one platform. It includes on DMT5 (the MT5 account) a Financial, a Financial STP and a Synthetic account. On its user friendly platform Deriv X, it offers a Financial and a Synthetic account, a well as features such as a Trading Journal. Copy trading is supported via MQL5 Signals. Some products may not be available in some countries.
- eToro is a Social Trading Platform and Network which supports trading, social trading as well as auto trading by copying other traders (or being copied) and provides products based on this network. eToro offers the eToro Club, which is a tiered program with additional features depending on account equity (which can include personalised service and event invitations), starting at $5000 (Silver) and going up to Diamond ($250,000). The minimum trade size is 0.01 lots.
Markets
- Deriv offers Forex, Metals, Indices, Energy, Cryptocurrencies, Stocks, ETFs and Options, with 100+ available.
- eToro offers Forex, Metals, Indices, Energy, Cryptocurrencies, Stocks, ETFs, Soft Commodities and Bonds, with 2000+ available.
| Online Broker | Minimum Deposit | Deriv vs eToro |
|---|---|---|
| Deriv | $5 Minimum Deposit | Deriv offers different ways to trade CFDs across a range of platforms in an intuitive interface, which includes MT5. Deriv vs eToro |
| eToro | $50 Minimum Deposit | eToro provides social and copy trading on a user friendly platform. Deriv vs eToro |
Cryptocurrencies
- Deriv offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, EOS, Stellar, NEO, IOTA, TRON, Zcash, OmiseGo, Binance Coin and Monero CFDs. eToro offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, EOS, Stellar, NEO, IOTA, TRON, BNB, Solana, LUNA, Cardano, Dogecoin, Avalanche, Polkadot, Shiba, Polygon, Cronos, TRON, Cosmos, Chainlink, Uniswap, ApeCoin, Stellar, Algorand, Ethereum Classic, Hedera Hashgraph, Filecoin, Decentraland, The Sandbox, Theta, Fantom, Tezos, Axie Infinity, AAVE, Zcash, The Graph, Maker, Quant, Chiliz, Gala, Curve, Enjin, Loopring, Curve, Dash, Basic Attention Token, Kyber Network, Compound, Ox, Synthetix, Yearn.finance, Ankr, Bancor, 1inch, Storj, SushiSwap, Ethereum Name Service, REN, dYdX, Fetch.ai and Balancer (the trader owns the cryptocurrency when buying them at FCA and CySEC regulated eToro). There is a flat 1% fee for all Cryptos, on top of the Bid/Ask spread. eToro additionally offers a Wallet which supports 120+ Cryptocurrencies and allows the trader to move unleveraged long positions in real Cryptocurrencies to the Wallet from the platform.
Leverage
Maximum leverage for Deriv (MFSA regulated) is . Maximum leverage for Deriv (VFSC, BVIFSC, LFSA regulated) is 1000:1. Maximum leverage for eToro (FCA or CySEC regulated) is .
Online trading platforms
Deriv offers Deriv X, DTrader, DMT5, SmartTrader and DBot. eToro provides a web trader and apps.
Why Deriv or eToro ?
Traders who want to social and copy trade can consider eToro as it offers a user friendly platform with these tools integrated, however Deriv offers copy trading on MT5 via MQL5 Signals. Traders who want to trade a core group of markets across a suite of platforms with different functionality can consider Deriv. Those who want to trade CFDs on MT5 (and apply automated trading) can consider Deriv, as it offers this platform via DMT5. Deriv additionally provides its user friendly Deriv X platform for margin CFD trading.
Comparison summary
- Both offer CFD trading
- eToro offers real Stocks, Crypto and ETFs are offered to buy
- Deriv provides 24/7 trading on simulated markets
- Both offers a relatively wide range of Cryptos
- eToro provides a user friendly platforms with social and copy trading
- Deriv has a suite of platforms including MT5 with copy trading and Deriv X
- Deriv has a lower minimum deposit ($5 and none for MT5)
