Company summary
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Deriv , Darwinex Broker Comparison
Do you want to know which is the better broker between Deriv and Darwinex ?
In the table below, you can compare the features of Deriv , Darwinex side by side to determine the best fit for your needs.
- WikiFX rating
- Basic Information
- Benchmark
- Account
- Relevant information
- Relevant exposure
- WikiFX rating
- Basic Information
- Benchmark
- Account
- Relevant information
- Relevant exposure
2 / 3 brokers in total
WikiFX rating
Score
Regulatory Status
WikiBit Guarantee
WikiFX Survey
Risk Evaluation
WikiFX exposure
Basic Information
Established
Regulatory license
MT4
MT5
Cryptocurrency
Deposit and withdrawal method
Benchmark
Transaction environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
- Average transaction cost
- (EURUSD)
- Average transaction cost
- (XAUUSD)
Rollover Cost
Rollover cost rating
- Average transaction cost
- (EURUSD)
- Average transaction cost
- (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account
Accounts
Account name
Products
Funding Requirement
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum position
Cryptocurrency
Lock postition
Scalping
EA trading
1.43
Suspicious Clone
Under guarantee
2-5 years
MFSA,VFSC,FSC
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--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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6.87
Regulated
Under guarantee
5-10 years
FCA
--
D
AA
336.8
278
316
278
576
576
393
D
--
--
--
B
--
33.9 USD/Lot
C
Long: -11.34
Short: 3.91
Long: -30.67
Short: 16.64
A
--
--
Stocks Darwin,Futures Darwin,Classic
200 US stocks
10,000
--
--
0.00
--
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Deriv 、 Darwinex BrokersRelevant information
Deriv 、 Darwinex BrokersRelevant exposure
Which broker is more reliable?
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of deriv, darwinex lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
deriv
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
| Feature | Detail |
| Regulation | Suspicious clone |
| Market Instrument | forex, stocks & indices, cryptocurrencies, commodities, and derived |
| Account Type | CFDs trading, options trading, and multipliers trading |
| Demo Account | yes |
| Maximum Leverage | 1:1000 |
| Spread | N/A |
| Commission | N/A |
| Trading Platform | Deriv GO, Deriv MT5, DTrader, Deriv X, DBot, SmartTrader, Binary Bot, and API |
| Minimum Deposit | $5 |
| Deposit & Withdrawal Method | online banking, credit/debit cards, e-wallets and cryptocurrencies |
Deriv's story began in 1999, the year Regent Markets was founded by an entrepreneur in partnership with a financial mathematician to develop algorithms for the world's first fixed-odds trading system for retail investors. 2000 saw Regent Markets' first office in Malta, where it acquired its first binary options. In 2001, Regent Markets launched BetOnMarkets.com, the first platform to offer binary options to retail traders. In 2004, Regent Markets opened a second office in Malaysia, and in 2013, BetOnMarkets.com was renamed Binary.com. The new brand can offer more features and market ranges. In 2005, the Malta Financial Services Authority (MFSA) granted Binary.com a Class III investment services license, authorizing Binary.com to offer investment services to EU investors. Binary.com added CFDs, a popular form of derivatives trading used by retail traders in 2016. In 2018, Binary.com opened its third office in Labuan, Malaysia, and in 2019, it opened offices in Dubai and Paraguay. Deriv.com continues its global expansion with the opening of offices in Cyprus and Rwanda, as well as two new offices in Ipoh and Malaysia.
Here is the home page of this brokers official site:
As for regulation, it has been verified that Deriv holds suspicious clone Malta Financial Services Authority - MFSA, Vanuatu Financial Services Commission - VFSC, and the British Virgin Islands Financial Services Commission - FSC licenses. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.43/10. Please be aware of the risk.
Note: The screenshot date is January 16, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.
Market Instruments
Deriv offers traders 100+ tradable assets, including forex, stocks & indices, cryptocurrencies, commodities, and derived.
Account Types
Apart from free demo accounts, Deriv offers three types of trading, CFDs trading, options trading, and multipliers trading.
CFDs trading: A CFD (contract for difference) allows you to trade on the price movement of an asset, without buying the underlying asset.
options trading: Options are products that allow for payouts from predicting market movements, without needing to buy the underlying asset.
multipliers trading: Deriv multipliers combines the upside of leverage trading with the limited risk of options.
Leverage
Deriv offers flexible leverage up to 1:1000. This allows users to take larger position sizes by putting down a small deposit, known as margin, to increase potential returns. Margin requirements and leverage levels vary depending on the account and jurisdiction you register an account from.
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform Available
Deriv offers traders a choice of 8 trading platforms, including Deriv GO, Deriv MT5, DTrader, Deriv X, DBot, SmartTrader, Binary Bot, and API. The MT5 is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Trading Hours
Trading at Deriv.com is available 24/7, following respective market operating hours. With that said, weekend trading usually sees a reduction in volume, resulting in less competitive spreads.
Deposit & Withdrawal
Deriv accepts deposits and withdrawals from traders' investment accounts via online banking, credit/debit cards, e-wallets and cryptocurrencies. The minimum initial deposit requirement is said to be just $5. The broker says to process all deposits and withdrawals within 1 day, however, withdrawals may take up to 15 working days to reflect on your card.
Fees
Additionally, an unspecified dormant fee may be charged to accounts inactive for 12 months.
Customer Support
Customer support is available 24/7 through:
Telegram, Email: marketing@deriv.com
Help Centre – The self-service portal can assist with a range of queries, from account questions to platform issues.
Live Chat – Live chat support is now available direct from the website.
You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn.
Company address: Level 3, W Business Centre, Triq Dun Karm, Birkirkara, BKR 9033.
Pros & Cons
| Pros | Cons |
| • Multiple trading instruments and payment methods offered | • Suspicious clone |
| • Demo accounts available | • No specific information on spreads & commissions |
| • Low minimum deposit (5 USD) | |
| • MT5 supported |
Frequently Asked Questions (FAQs)
| Q 1: | Is Deriv regulated？ |
| A 1: | No. It has been verified that the licenses (MFSA, VFSC, and FSC) that Deriv holds are all suspicious clones. |
| Q 2: | At Deriv, are there any regional restrictions for traders？ |
| A 2: | Yes. Their services are not available in certain countries, including the USA, Canada, and Hong Kong. |
| Q 3: | Does Deriv offer demo accounts？ |
| A 3: | Yes. |
| Q 4: | Does Deriv offer the industry-standard MT4 & MT5？ |
| A 4: | Yes. Deriv supports MT5 and other trading platforms. |
| Q 5: | What is the minimum deposit for Deriv？ |
| A 5: | The minimum initial deposit with Deriv is said to be just $5. |
| Q 6: | Does Deriv charge a fee？ |
| A 6: | Like every forex broker, it charges a dormant fee but not specified. |
| Q 7: | Is Deriv a good broker for beginners？ |
| A 7: | No. Deriv is not a good choice for beginners. Although it advertises very well, it lacks legitimate regulations, so trading with them is dangerous. |
darwinex
| Registered Country/Region | United Kingdom |
| Regulation | FCA |
| Minimum Deposit | $500/R8,000 |
| Maximum Leverage | 1:30 |
| Minimum Spreads | 0.3 pips oon the EUR/USD pair |
| Trading Platform | MT4, MT5, Darwin API |
| Demo Account | Yes |
| Trading Assets | Forex, Commodities, Shares, Cryptocurrencies, CFDs |
| Payment Methods | Credit Cards , Debit Cards, Skrill, Bank Wire Transfer, Trustly |
| Customer Support | Phone, Email |
General Information & Regulation
The Darwinex® trademark and the www.darwinex.com domain are owned by Tradeslide Trading Tech Limited, a company authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with FRN 586466, established in March 2012. Darwinex is headquartered in London, UK, and now has more than 40 employees at its headquarters in London and its Madrid office. Darwinex offers hundreds of instruments to traders in the categories including Forex pairs, indices, stocks, and commodities.
Market Instruments
The main assets offered for trading by Darwinex are Forex, indices, CFDs on raw materials, US stocks, futures, and Darwin assets.
Account Types
Darwinex offers a choice of three accounts for equities and futures: the Classic, the Darwin Equity, and the Darwin Futures accounts. The minimum deposit for opening a live account is $500, and the accounts accept Euros, USD, and GBP as base currencies.
Demo Accounts Available
Darwinex makes demo accounts available. The demo account with Darwinex has the same features as the live accounts. This include the prices and spreads, the commissions, and the swaps you are charged. An added features with the demo account offered by Darwinex is that it does not expire after 3-days like most other brokers.
Leverage of Darwinex
Darwinex clients have access to standard leverage levels ( with maximum leverage up to 1:30) in line with the European Securities and Markets Authority (ESMA) regulations regarding leverage levels offered to retail traders based in the EU. However, professional traders can access higher leverage levels, but they lose out on ESMA protections.
Spreads & Commissions
Darwinex's foreign exchange and CFD products have floating spreads, with minimum spreads of 0.3 pips on EURUSD, 0.6 pips on EURGBP, 0.3 pips on EURGBP, 1 pip on AUS200, 0.2 pips on SPX500, 0.21 pips on XAUUSD, and a commission of 0.0025% of the transaction value. The spread for the gold dollar is 0.21 pips, and the trading commission is 0.0025% of the value of the trade, and the spread for the XAGUSD is 0.01 pips, and the trading commission is 0.002% of the value of the trade. The NASDAQ and NYSE contracts are both traded at $0.02.
Trading Platforms
Darwinex provides traders with a variety of trading platforms and technologies that allow traders to access the Forex market as well as CFDs on stocks, commodities, and indices in DMA format. To meet traders' needs for algorithmic trading, Darwinex has also created a variety of supplementary libraries to complement the MetaTrader/FIX application products: Price and Trading Module for Financial Information v4.4 (in Python), Python to Metatrader Bridge (in Python) based on ZeroMQ), MetaTrader Terminal EA based on ZeroMQ (in MQL), wrapper for DARWINs API in Python and R. Zorro platform users can connect and operate in Darwinex via MT4 & MT5 is Bridge de Zorro solution.
Deposit and Withdrawal
Deposit and withdrawal methods accepted by Darwinex Darwin are Bank Wire, VISA, MasterCard, Trustly, Skrill, which have a minimum deposit amount of $500 (less than $500 will be subject to a commission of 5 EUR/GBP/USD), with Skrill having a maximum withdrawal amount of $5,000. The fees for wire transfers depend on the trader's bank of choice, and the minimum fee for withdrawals via credit card and Skrill is $2.
Customer Support
Clients with any inquiries or trading-related issues can get in touch with Darwinex through the following contact channels:
Telephone: +44 20 3769 1554, +34 910 610 060
Email: info@darwinex.com
A Contact Form
Or you can also follow this broker on some social media platforms, such as Twitter, Facebook, Linkedin, Instagram, and Youtube.
Pros & Cons
| Pros | Cons |
| FCA-regulated | No livr chat available |
| Multiple trading platform options | Traders from U.S. are not accepted |
| Transparent commissions and fees | Limited trading tools |
| Three trading accounts to choose from | High account-opening amount |
| Deposit and withdrawal fees applied |
Frequently Asked Questions
Is Darwinex regulated？
Darwinex is authorized and regulated by the Financial Conduct Authority (FCA) under regulatory license no. 586466.
What is the minimum deposit for Darwinex？
The minimum depposit for Darwinex is $500/R8,000 ZAR.
Does Darwainex have managed account？
Yes, Darwainex have managed accounts.
Does Darwinex offer a demo account ？
Yes, a demo account is available from this broker.
What is the overall rating for Darwainex ？
The overall rating for Darwainex is 6.86/10 based on its Regulatory Index, Software Index, Business Index, Risk Management Index, License Index.
Are the transaction costs and expenses of deriv, darwinex lower?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive deriv and darwinex are, we first considered common fees for standard accounts. On deriv, the average spread for the EUR/USD currency pair is -- pips, while on darwinex the spread is --.
Which broker between deriv, darwinex is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
deriv is regulated by MFSA,VFSC,FSC. darwinex is regulated by FCA.
Which broker between deriv, darwinex provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
deriv provides trading platform including -- and trading variety including --. darwinex provides trading platform including Stocks Darwin,Futures Darwin,Classic and trading variety including 200 US stocks.