Deriv.com vs Templer FX

vs
Deriv vs Templer FX Comparison Table 2024
Deriv Templer FX
4.6
2
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

Templer FX is an unregulated, offshore forex and CFD broker founded in 2004. The brokerage offers a small range of assets on the MetaTrader 4 or proprietary platform, with high leverage up to 1:2000 and micro-lot trading. As an ECN broker, the brand aims to provide ultra-low trading costs and fast execution, making it an attractive choice for active traders.

Customer Reviews
4.3
Bonus Offer
$30 No Deposit Welcome Bonus
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." "Templer FX will appeal to traders looking for a cent account and very high leverage up to 1:2000. The $1 minimum deposit also makes it accessible for beginners."
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.
  • ECN broker with competitive spreads from 0.1 pips, no commissions and fast execution
  • A range of promotions on offer, including a loyalty bonus and no-deposit bonus
  • Both trading platforms support Expert Advisors and custom indicators
  • Responsive customer support team based on tests
  • Decent range of fast and free deposit methods
  • Low minimum deposit of $1
  • Fast transaction times
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.
  • Offshore and unregulated
  • US, UK and EU clients not accepted
  • Narrow range of assets compared to other brokers
  • Unreasonable conditions for the 'segregated accounts' service
  • Below average selection of education resources
  • €50 fee for bank transfer withdrawals
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
Instruments
CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs Forex, CFDs, indices, shares, metals, energies, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$5 $1
Trading Platforms
  • Deriv Trader
  • Deriv X
  • Deriv Go
  • MT5
  • cTrader
  • TradingView
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA FSA
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
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 No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS, Android, Blackberry
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.

Android App Rating
4.5
iOS App Rating
4.2
Auto Trading
Expert Advisors (EAs) on MetaTrader, DBots Yes
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
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$25
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
Stock Exchanges
Commodities
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. Templer FX offers a modest suite of CFDs compared to other brands, covering shares, commodities, indices and cryptos. The good news is that you can start with as little as $1 and there are no commissions.
Leverage
1:1000 1:2000
FTSE Spread
1.0 1.0
GBPUSD Spread
0.4 0.8
Oil Spread
0.013 2.0
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. Trade 30+ forex pairs with competitive spreads averaging 0.5 pips for EUR/USD. You can also access very high leverage up to 1:2000, though we urge caution when using unregulated brokers.
GBPUSD Spread
0.4 0.8
EURUSD Spread
0.4 0.5
EURGBP Spread
0.4 1.1
Assets
40+ 32
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. Traders can access popular cryptocurrencies, though the selection is not as wide as competitors. There is also the broker's Bitcoin account, where you can start with as little as 0.000001 BTC.
Spread
From 0.5 Floating
Coins
  • BTC
  • LTC
  • ETH
  • USDT
  • USDC
  • BTC
  • LTC
  • ETH
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