Deriv.com vs FBS

Deriv vs FBS Comparison Table 2024
Deriv	FBS
Review 4.6	Review 4.3
Traders from US not accepted See available binary options brokers	Traders from US not accepted See available CFD brokers
Established in 1999, Deriv is an innovative broker now serving over 2.5 million global clients. The firm offers CFDs, multipliers and more recently accumulators, alongside its proprietary derived products which can't be found elsewhere, providing flexible short-term trading opportunities.	Founded in 2009, FBS is an award-winning CFD broker operating in over 150 countries with a client base exceeding 27 million traders. Traders are supported at every stage of their journey with 24/7 assistance, market analytics, trading calculators, and competitive pricing with zero commissions.
Customer Reviews
4.3 Based on 3 Deriv customer reviews	5 Based on 3 FBS customer reviews
Comment by Reviewer
"Deriv is ideal for active traders seeking alternative and unique ways to speculate on global financial markets, from multipliers and accumulator options to its bespoke synthetic indices, which mimic real market movements and are available 24/7, allowing for continuous trading opportunities regardless of market hours."	"FBS is an excellent choice for day traders at every level and budget, with just a $5 minimum deposit and intensive academy for aspiring traders alongside access to MT4, MT5 and highly leveraged trading opportunities up to 1:3000 for experienced traders."
Pros
Deriv stands out with its innovative products, from multipliers and derived indices to its addition of accumulator options, providing exclusive short-term trading opportunities. Account funding is a breeze with a very low minimum deposit of $5 and a huge selection of payment options, plus Tether was added to the cashier in 2023. Although response times trail alternatives in our personal experience, Deriv offers 24/7 support and is one of the few brokers to offer WhatsApp assistance. After integrating TradingView and adding MT5 web trader, Deriv now offers a first-class selection of charting tools across desktop, web and mobile devices.	FBS strikes the balance between robust features and ease of use, with a sign-up process taking <10 minutes, an intuitive app, advanced research through Market Analytics & more recently VIP Analytics, plus immersive education through the FBS Academy and Trader’s Blog. 24/7 customer support that performed excellently during testing is available, alongside a $5 minimum deposit, high leverage options, and a huge variety of 200+ funding options, making it ideal for traders with small accounts. FBS offers lightning-fast execution speeds from just 10 milliseconds, placing it among the industry leaders for highly active traders like scalpers who demand rapid order processing. The trading firm has picked up over 90 awards and amassed more than 27 million clients, making it one of the largest and most established brokers globally.
Cons
Apart from the MFSA in the EU, Deriv lacks top-tier regulatory credentials, reducing the level of safeguards like access to investor compensation. Although there’s a basic blog, there's little in terms of technical analysis or market reports which could help active traders identify potential opportunities. While the Academy launched in 2021 is a step in the right direction, there is limited education on advanced trading topics for seasoned traders and no live webinars to upskill new traders. Leverage up to 1:1000 will appeal to traders with a large risk appetite but frustratingly there is no ability to flex the leverage in the account area.	Despite enhancing the selection of currency pairs, now providing over 70, FBS still trails industry leaders like BlackBull Markets in its market offering with a particularly narrow selection of commodities and indices. There are only two base currencies available - EUR and USD - which isn't practical for minimizing currency conversion fees for many global traders, and is especially striking given the broker’s user base spans over 150 nations. Investor protection is only available for clients within the EU, meaning global traders may not be protected if their account goes negative, significantly increasing the risk to your funds. Although the FBS app offers a terrific mobile trading experience for aspiring traders and MT4/MT5 cater to advanced traders, the absence of cTrader and TradingView, which are increasingly offered by alternatives like Pepperstone, will deter day traders familiar with these platforms.
Awards
Most Trusted Broker 2024 - Ultimate Fintech Global Awards Best Trading Experience LATAM 2024 - Ultimate Fintech Global Awards Best LATAM Region Broker 2024 - Ultimate Fintech Global Awards Best Customer Service 2024 - Global Forex Awards	Best Trading Application Asia 2024 Best Forex Broker in Africa 2023 Best Forex Broker South Africa 2023 Best Trading Account for Beginners 2023 Best Financial Broker of 2022-2023
Instruments
CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs	CFDs, Forex, Indices, Shares, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$5	$5
Trading Platforms
Deriv Trader Deriv X Deriv Go MT5 cTrader TradingView	FBS App MT4 MT5
Payment Methods
Volet Airtm AstroPay Banxa Bitcoin Payments Boleto Credit Card Diners Club FasaPay JCB Card JetonCash Maestro Mastercard Neteller Paysafecard Paytrust Perfect Money Przelewy24 Skrill Sticpay Trustly Visa WebMoney Wire Transfer	AstroPay Bitwallet Credit Card Debit Card Doku Wallet FasaPay JCB Card M-Pesa Maestro Mastercard Neteller Perfect Money PIX Payment Rapid Transfer Skrill Sticpay Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA	ASIC, CySEC, FSC
Margin Trading
Yes	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
Deriv GO shines with its straightforward app design and diverse trading opportunities, from traditional markets to custom indices that simulate real-world markets and offer 24-hour trading, including on weekends. The in-app chat assistance, which can’t be found at many alternatives, is also fast and reliable, providing an important layer of support for new users.	FBS offers an intuitive proprietary app that is designed to be user-friendly for traders of all levels. Available on both Android and iOS, it’s not only easy to navigate but also ensures swift trade execution with speeds from 0.01 seconds. This, combined with a user-friendly interface, provides excellent control over short-term trading strategies. More experienced traders will also appreciate support for the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) apps, featuring advanced charting packages and Expert Advisors (EAs).
Android App Rating
4.5	4.9
iOS App Rating
4.2	4.6
Auto Trading
Expert Advisors (EAs) on MetaTrader, DBots	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Deriv allows clients to replicate the positions of experienced traders through signals on DMT5. You can receive signals in real-time and decide whether to action trades in your own account. The best part is that the process of copying is fully automated, which is ideal for beginners seeking a hands-off approach. Deriv is also one of a select few cTrader brokers to support copy trading for hands-off investing opportunities.
Social Trading
No	No
Trade Signals
DMT5	MT4 & MT5
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$25	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP	USD EUR
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq New York Stock Exchange Russell 2000 S&P 500	CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 London Stock Exchange Nasdaq New York Stock Exchange S&P 500
Commodities
Coffee Copper Cotton Gold Lead Natural Gas Oil Precious Metals Silver Sugar	Gold Natural Gas Oil Palladium Platinum Silver
CFD Trading
Since broadening its range of CFDs in 2023, Deriv now offers trading on rising and falling prices across hundreds of global financial markets. This includes the firm’s exclusive synthetic indices which imitate real markets but run around the clock for additional trading opportunities.	FBS is a CFD broker, allowing you to speculate on the price movements of these assets without actually owning them. CFDs are available in various asset classes, including forex, commodities, indices, and stocks, but there are no opportunities for trading ETFs, bonds, or options. However, what truly empowers traders is the competitive spreads and generous leverage up to 1:3000 (capped at 1:30 for EU traders), all without inactivity or withdrawal fees.
Leverage
1:1000	1:30 (EU & Restricted Countries), 1:3000 (Global)
FTSE Spread
1.0	0.0
GBPUSD Spread
0.4	0.6
Oil Spread
0.013	0.0
Stocks Spread
0.07	Variable
Forex Trading
Deriv has expanded its range of currency pairs, now enabling clients to go long or short on a over 40 major, minor and exotic currency pairs. Spreads on EUR/USD are also competitive at 0.44 pips, especially since being slashed in 2021, while forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader.	FBS offers an improved selection of 72 majors, minors and exotics. Spreads are fairly competitive, averaging 0.7 pips for EUR/. There’s also an excellent range of forex market resources and tools on offer, including calculators and an intensive forex course.
Forex App
	The FBS Trader app allows clients to manage their finances and speculate on over 70 forex pairs, among other assets. Instant deposits are available, as well as one-click trading make for a seamless mobile trading experience. Users can also conduct technical analysis via interactive charting with multiple indicators and timeframes. The app is free to download from the respective app stores.
GBPUSD Spread
0.4	0.6
EURUSD Spread
0.4	0.5
EURGBP Spread
0.4	2.1
Assets
40+	70+
Cryptocurrency
Deriv.com continues to offer a strong selection of 30+ crypto pairs - more than double the range offered at competitor, IQ Cent. 1:2 leverage on crypto is also available allowing traders to magnify potential returns, and there are zero commissions, catering to aspiring traders looking for simple pricing.	Crypto trading not offered
Spread
From 0.5	Floating
Coins
BTC LTC ETH USDT USDC	ADA ALG AVA BAT BCH BNB BTC DOG DOT DSH EOS ETC ETH FIL IOT LNK LTC MKR MTC NEO OMG SHB SOL TRX UNI VEC XLM XMR XRPZEC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year with around the clock customer support and one of the slickest trading platforms we've used.	Binary options trading not offered
Payout
100%
Expiry Times
15 seconds to 365 days
Ladder Options
Yes	No
Boundary Options
Yes	No

Review	Review