Broker to Trading

FXTM offers MetaTrader 4 (MT4) and its successor MetaTrader 5 (MT5). FXTM provides a range of account types including an MT4 Cent type account (its Micro account) with a very small minimum trade size as well as account types for MT4 and MT5 (Advantage and Advantage Plus).

Deriv is a suite of platform packaged into an intuitive layout, supporting different types of trading 24/7 trading of simulated markets and margin trading on MT5 and Deriv X. MT5 on Deriv includes an STP account. Deriv X is a user friendly platform which supports trading of CFDs on margin.

Quick comparison

Deriv is a suite of platforms including user friendly Deriv X, MT5 and 24/7 trading of simulated markets. FXTM provides MT4 and MT5, with a range of account types including Cent.

Minimum deposit and key account features

The minimum deposit for Deriv is $5. The minimum deposit for FXTM is $10 ($50 in the EEA).

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.
FXTM offers three account types: Micro, Advantage and Advantage Plus. The minimum deposit for the Micro account is $10 (for MT4 only). The minimum deposit for the Advantage and Advantage Plus account is $500. The Micro account is a Cent type account with low minimum trade sizes. The Advantage account offers spreads from 0 plus a commission charge. The Micro and the Advantage Plus accounts offer spreads from 1.5 without a commission charge. FXTM provides Market Analysis Videos and Podcasts, a Forex News Timeline, Education, Market Outlook and an Economic Calendar. Copy trading is provided via FXTM Invest. The minimum trade size is 0.0001 lots.

Markets to trade

Deriv offers Forex, Metals, Indices, Energy, Stocks, ETFs, Cryptocurrencies and Options, with 100+ available.
FXTM offers Forex, Metals, Indices, Energy and Stocks, with 1000+ available.

Cryptocurrency CFDs

• Deriv offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, EOS, Monero, Zcash, IOTA, NEO, OmiseGO, TRON, Stellar and Binance Coin CFDs.

Commissions

• Deriv does not charge commissions for Forex and Metals.
• FXTM charges a commission from $0.40-$2 per lot per side, depending on the equity in the account and the volume traded.

Leverage

Maximum leverage for Deriv (MFSA regulated) is . Maximum leverage for Deriv (VFSC, BVIFSC, LFSA regulated) is 1000:1. Maximum leverage for FXTM (FSC regulated) is 500:1. Maximum leverage for FXTM (FCA, CySEC regulated) is .

Online trading platforms

Deriv offers Deriv X, DTrader, DMT5, SmartTrader and DBot. FXTM provides MT4 and MT5.

Why Deriv or FXTM ?

Traders who want to trade on MT4 or MT5 across a range of account types, including a Cent account, may wish to consider FXTM. Traders who wish to access different kinds of markets and ways to trade across a range of platforms, including MT5, may wish to consider Deriv. Traders who want to trade on a user friendly platform may wish to consider Deriv X offered by Deriv.

Comparison summary

• Both offer CFD trading
• Deriv additionally provides 24/7 trading of simulated markets and Crypto CFDs
• Both provide MT5
• FXTM additionally offers MT4
• Deriv additionally offers user friendly Deriv X
• FXTM provides a Cent account with small minimum trade sizes
• Deriv has a smaller minimum deposit