Exness & Deriv Comparison
Exness and Deriv are leading global Forex brokers, but which one should you trust your Forex portfolios with?
I have conducted an in-depth review of Exness vs. Deriv to determine which presents the better overall choice and which traders will benefit the most at either broker.
Headquarters | Cyprus | Malaysia |
Regulators | CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA | BVIFSC, LFSA, MFSA, VFSC |
Tier 1 Regulator(s)? | ||
Owned by Public Company? | ||
Year Established | 2008 | 1999 |
Execution Type(s) | Market Maker | Market Maker |
Minimum Deposit | $10 (based on the account type) | $5 |
Negative Balance Protection | N/A | |
Trading Platform(s) | MetaTrader 4, MetaTrader 5, Proprietary platform | MetaTrader 5, Proprietary platform, Web-based |
Average Trading Cost EUR/USD | 0.6 pips | 0.6 pips |
Average Trading Cost GBP/USD | 0.7 pips | 0.7 pips |
Average Trading Cost WTI Crude Oil | 6.7 pips | $0.02 |
Average Trading Cost Gold | 11.3 pips | $0.29 |
Retail Loss Rate | Undisclosed | 73.00% |
Minimum Raw Spreads | 0.0 pips | Not applicable |
Minimum Standard Spreads | 0.3 pips | 0.5 pips |
Minimum Commission for Forex | $7.00 per 1.0 standard round lot | Commission-free |
Islamic Account | ||
Signals | ||
US Persons Accepted? | ||
Managed Accounts | ||
Visit Website | Visit Website |
A snapshot of the most notable advantages of Exness:
- Ultra-low trading fees
- Swap-free trading on all Forex majors, most Forex minors, gold, crypto, and indices
- $5+ trillion in monthly trading volume
- 1.9 billion executed trades in 2023
- 800,000+ active traders
- 64,000+ partners
- Instant withdrawals
- VPS hosting and API trading
- Deep liquidity and excellent order execution
A snapshot of the most notable advantages of Deriv:
- Reasonable commission-free trading fees.
- Excellent choice of payment processors, including cryptocurrencies.
- Seven proprietary trading platforms
- 1,000,000+ active traders
- $15+ trillion in trading volume since inception
- $45+ million in monthly withdrawals
- API trading
- Well-balanced choice of derivatives and synthetic assets.
- Ultra-competitive leverage with negative balance protection.
Features & Platforms
N/A N/A Visit Website Visit Website
Available Markets
Currency Pairs | ||
Cryptocurrencies | ||
Commodities | ||
Crude Oil | ||
Gold | ||
Metals | ||
Equity Indices | ||
Stocks (non-CFDs) | ||
Bonds | ||
ETFs | ||
Futures | ||
Synthetics | ||
Visit Website | Visit Website |
Both Forex brokers offer a choice of Forex and cryptocurrency CFDs and above-average commodity exposure, but here is why Exness is a better choice for most traders:
- Superior selection of Forex pairs
- Access to deep liquidity pools resulting in tighter spreads
- Ultra-fast order execution
- Flexible leverage settings
- Swap-free trading on all Forex majors
Typical Spreads & Fees
Average Trading Cost EUR/USD | 0.6 pips | 0.6 pips |
Average Trading Cost GBP/USD | 0.7 pips | 0.7 pips |
Average Trading Cost WTI Crude Oil | 6.7 pips | $0.02 |
Average Trading Cost Gold | 11.3 pips | $0.29 |
Average Trading Cost Bitcoin | 161.1 pips | $30 |
Minimum Raw Spreads | 0.0 pips | Not applicable |
Minimum Standard Spreads | 0.3 pips | 0.5 pips |
Minimum Commission for Forex | $7.00 per 1.0 standard round lot | Commission-free |
Deposit Fee | ||
Withdrawal Fee | ||
Inactivity Fee | No | N/A |
Visit Website | Visit Website |
Exness offers a choice of commission-free and commission-based fees, while Deriv has a commission-free pricing environment, but which one is cheaper?
Exness is the clear winner due to ultra-low trading fees, including raw spreads from 0.0 pips and low commissions in its Pro accounts.
Account Types
Both brokers offer demo accounts and swap-free trading accounts, copy trading, and algorithmic trading. Exness has commission-free and commission-based account types with ultra-low trading fees, while Deriv has only commission-free accounts.
Primary Account Structure Differences between Exness and Deriv
Here is what stands out the most:
- Exness has more account type choices.
- Exness has lower trading fees, resulting in more profits per trade.
Minimum Deposit
How Difficult Is It to Deposit at Exness Vs. Deriv?
The Exness minimum deposit depends on the payment processors, which can be $1 or less, but the best-priced accounts require a $500 deposit, while Deriv has a $5 minimum deposit.
Deriv has more payment processors, and Exness supports more deposit currencies. While both brokers have an excellent deposit infrastructure, Exness takes the lead.
Minimum Withdrawal
Which Withdrawal Process Is Better: Exness or Deriv?
Deriv has an excellent withdrawal infrastructure, but cryptocurrency withdrawals are subject to internal controls and can take a bit longer. Therefore, Exness trumps Deriv, as it has faster withdrawal processing times, including instant to near-instant withdrawals, without manual approval for verified traders and payment processors.
Security & Trust
Country of the Regulator | Cyprus, Kenya, Mauritius, Seychelles, United Kingdom, British Virgin Islands, South Africa, Curaçao | Malta, British Virgin Islands, Vanuatu, Labuan |
Name of the Regulator | CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA | BVIFSC, LFSA, MFSA, VFSC |
Regulatory License Number | SD025, 0003LSI, SIBA/L/20/1133, 51024, GB20025294, 178/12, 730729, 162 | 70156, MB/18/0024, SIBA/L/18/1114 |
Regulatory Tier | N/A | 1, 5, 4, 4, 1 |
Visit Website | Visit Website |
Which Broker Is More Secure and Trustworthy?
I rank both brokers as equally secure and trustworthy, as they have excellent regulators in trader-friendly jurisdictions, an impeccable track record spanning 15+ years, and membership with the Hong Kong-based Financial Commission, including independent financial audits and an investor compensation fund up to €20,000 per claim. Both brokers segregate client deposits from corporate funds and offer negative balance protectio
Deriv versus Exness Verdict
Exness
Pros | Cons |
Instant withdrawals from a trusted broker with numerous payment processors | No beginner education |
High level of transparency and financial audits by Big Four accountancy Deloitte | |
Multi-regulated broker with outstanding order and volume statistics | |
24/7 multi-lingual customer service |
Deriv
Pros | Cons |
Choice of proprietary trading solutions, including code-free algorithmic trading | The competitiveness of trading conditions depends on the geographic location |
Reasonable commission-free costs and swap-free trading | |
Good Forex selection and many synthetic assets | |
25+ payment processors, including cryptocurrencies |
Which Forex Broker Is Better?
Exness and Deriv are well-established Forex brokers with highly competitive trading infrastructures. Both brokers support algorithmic with VPS hosting for 24/5 low-latency trading, have copy trading services, and offer a balanced asset selection.
My Verdict
Deriv is an excellent Forex broker, but Exness grants traders an edge with its ultra-low Forex trading fees, deeper liquidity, and faster order execution. No, but Deriv does not accept US-resident traders. Deriv is a legit Forex broker compliant with four global regulators, operational since 1999, with a clean track record. Exness is an industry leader across all the categories traders prioritize for a competitive Forex trading environment. Individual preferences may find a few aspects better served at competing brokers, for example, beginner education. Deriv ranks among the most competitive brokers, and very few can trump its trading infrastructure. Exness is among the few Forex brokers that are better than Deriv.FAQs
Is Deriv banned in the USA?
Is Deriv legit or fake?
Which broker is better than Exness?
Which broker is better than Deriv?