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deriv , ForexClub Broker Comparison

Do you want to know which is the better broker between deriv and ForexClub ?

In the table below, you can compare the features of deriv , ForexClub side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
deriv
6.88
Regulated
Under guarantee
5-10 years
MFSA,CMA,FSC,VFSC,CIMA
VISA,VISA Electron,VN PAY,maestro,pix,MASTER,Diners Club INTERNATIONAL,DISCOVER,ZingPay,Help2Pay,Bank transfer,SwiffyEft,UPI,QRIS,OZOW,Capitec Pay,virtual account,SPEI,PayRetailers,AO EFT,PSE,Equitel, VietQR Payment Kit,Airtel,M-Pesa,Vodafone,MTN,Orange,AstroPay,Zamtel,Neteller,Tigo,Vodacom,AIRTM,Moov Africa,Tpaga,Jetonbank,Volet.com,Skrill,Online Naira,Easypaisa,Skrill 1-Tap,STICPAY,BTC,ETH,JazzCash,COINS CRYPTO,Tether ERC20 (eUSDT),XRP,litecoin,Tether TRC20 (tUSDT),ethereum,bitcoin,Bitcoin Cash,USD Coin,DOGECOIN,BNB,TRON,polygon,CARDANO,BINANCE PAY,1Voucher,OXXO,VOUCHERRY,SOLANA,tether,icash.one,Jeton Cash,TON,Chainlink,Pago Efectivo,AOEFT,M-PESA,orange,vodacom, Tether TRC20 (tUSDT),DDOGECOIN
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ForexClub
4.89
Regulated
Under guarantee
15-20 years
NBRB
--
AA
AA
331.9
172
172
187
640
640
594
AA
--
--
--
--
AAA
--
16.54 USD/Lot
A

Long: -6.18

Short: 1.19

Long: -55.47

Short: 25.1

B
0.5
3.5
Standard ,ECN
Precious metals, commodities, stocks, indices, CFDs, etc.
100 USD
1:1000
from 1.6
30.00
--
0.01
--

deriv 、 ForexClub BrokerRelated News

deriv 、 ForexClub BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do deriv and forexclub have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best 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
Deriv Review Summary
Founded1996
Registered Country/RegionMalta
RegulationMFSA, VFSC/FSA (Suspicious Clone)
Market InstrumentsForex, indices, stocks, commodities, cryptocurrencies, ETFs
Demo Account
LeverageUp to 1:1000 (forex)
SpreadFrom 0.1 pips (Standard account)
Trading PlatformDeriv MT5, Deriv X, Deriv cTrader, Deriv Trader, Deriv Bot, Deriv GO, and SmartTrader
Copy trading
Minimum Deposit$5
Customer SupportLive chat
Email: marketing@deriv.com
Social media: Facebook, X, Instagram, Youtube, Linkedin, Telegram, WhatsApp

Deriv Information

Deriv is a regulated broker, offering trading on forex, indices, stocks, commodities, cryptocurrencies and ETFs with leverage up to 1:1000 (forex) and spreads from 0 pips on Deriv MT5, Deriv X, Deriv cTrader, Deriv Trader, Deriv Bot, Deriv GO, and SmartTrader trading platforms. The minimum deposit requirement is only $5.

Deriv's homepage

Pros and Cons

Pros Cons
Demo accountsSuspicious clone lisences
MT5 platform
Low minimum deposit requirement
Various trading platforms

Is Deriv Legit?

Deriv is licensed by MFSA to offer services. However, the certification from VFSC and FSA is suspicious clone.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Malta Financial Services Authority (MFSA)Regulated DERIV INVESTMENTS (EUROPE) LIMITEDMarket Maker (MM)C 70156
Vanuatu Financial Services Commission (VFSC)Suspicious CloneBinary (V) LtdRetail Forex LicenseUnreleased
British Virgin Islands Financial Services Commission (FSA)Suspicious CloneBinary (BVI) Ltd.Retail Forex LicenseSIBA/L/18/1114
Regulated by MFSA
Suspicious Clone VFSC license
Suspicious Clone FSA license
Domain information

What Can I Trade on Deriv?

Deriv offers trading on forex, indices, stocks, commodities, cryptocurrencies and ETFs.

Tradable Instruments Supported
Forex
Indices
Stocks
Commodities
Cryptocurrencies
ETFs
Bonds
Options
What Can I Trade on Deriv?

Account Type

Here are six account types Deriv offers:

Account TypeMinimum Deposit
Standard 0
Zero Spreads
Swap-Free
Financial
Gold
Financial STP

Leverage

Deriv offers flexible leverage options, varying by trading assets. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Asset ClassesMaximum leverage
Forex 1:1000
Derived Indices1:4000
Stocks 1:50
Stock Indices1:100
ETFs 1:5
Commodities 1:500
Cryptocurrencies 1:100
Leverage

Deriv Fees

Account TypeSpreadCommission
Standard From 0.1 pips0
Zero Spreads From 0 pips
Swap-Free From 0.3 pips0
Financial From 0.2 pips
Gold From 25 pips
Financial STP From 0.4 pips
Asset ClassesSpread
Forex From 0.3 pips
Derived IndicesFrom 0.24 pips
Stocks From 0.6 pips
Stock IndicesFrom 0.6 pips
ETFs From 1 pip
Commodities From 0.6 pips
Cryptocurrencies From 0.8 pips
Deriv spreads

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Deriv MT5Android, iOS & HuaweiExperienced traders
Deriv XAndroid, iOS, web/
Deriv cTraderAndroid, iOS & Huawei/
Deriv TraderMobile/
Deriv BotMobile/
Deriv GOAndroid, iOS & Huawei/
SmartTraderWeb/
MT4/Beginners
Deriv MT5
Deriv X
Deriv Go
SmartTrader

Deposit and Withdrawal

Deriv accepts payments via credit & debit cards, online banking, mobile payments, E-wallets, cryptocurrencies, On-ramp/Off ramp and Voucher.

Deposit Options

Deposit Options Minimum DepositMaximum DepositDeposit Time
Credit & debit cards10 USD, EUR, GBP5,000 USD, EUR, GBPInstant
Online banking 10 USD1,000 USD
Mobile payments 5 USD
E-wallets4,000 USD
Cryptocurrencies 0/Funds available as soon as confirmed
On-ramp/Off-ramp5 USD1,000 USDInstant
Voucher 10 USD

Withdrawal Options

Withdrawal Options Minimum Withdrawal Maximum Withdrawal Withdrawal Time
Credit & debit cards10 USD10,000 USDInstant
Online banking 1,000 USD
Mobile payments 5 USDInstant/1 working day
E-wallets10,000 USDInstant
Cryptocurrencies 0.00009207 (Bitcoin)/Subject to internal checks
On-ramp/Off-ramp5 USD2,000 USDInstant
Voucher Not applicable
Deposit and Withdrawal
forexclub
Forex ClubReview Summary
Registered On2024-07-18
Registered Country/RegionSaint Vincent and the Grenadines
RegulationRegulated
Market InstrumentsForex, Indices, Precious Metals, Energies
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformMT4, MT5
Min Deposit$100
Customer Supportcs@help.forexclub.org
Live Chat

Forex Club Information

Founded in 1997, Forex Club serves over 3 million users in more than 120 countries. It offers diversified trading in forex, precious metals, etc., with spreads as low as 0.1 points and leverage up to 1:1000. Supporting MT4/5 and copy trading, it currently provides a maximum cashback of $5 per lot for trading gold, crude oil, and other products.

Forex Club

Pros and Cons

Pros Cons
RegulatedNo Islamic account
Multiple trading instrumentsHigh leverage risk (1:1000)
MetaTrader 4/5 availableThe campaigns restrictions (limited to specific instruments)
Copy Trading available
$5 campaign cashback
Zero commission (Standard Account)

Is Forex Club Legit?

The National Bank of the Republic of Belarus regulates Forex Club with the license number 192580558, indicating relatively high security.

regulates
regulates

What Can I Trade on Forex Club?

Tradable Instruments Supported
Forex
EnergiesCommodities
Indices
Precious Metals
Shares
ETFs
Bonds
Mutual Funds
Instruments

Account Type

Account Type StandardECN
Supported Platforms:MT4MT4
Spread:From1.6 pipsFrom 0.0 pips
Commissions:No commissions6
Account Currency:US DollarUS Dollar
Minimum Deposit:100 USD100 USD
Minimum Trade Size:0.01 lot0.01 lot
Liquidation Ratio:30%30%
Max leverage.:1:10001:1000
Tradable Products:Precious Metals, Commodities, Stocks, Indices, CFDs, etc.Precious Metals, Commodities, Stocks, Indices, CFDs, etc.
EA Trading:SupportSupport

Forex Club Fees

The standard account has zero commission and only charges a spread starting from 1.6 pips, while the ECN account has a spread as low as 0.0 pips but requires a $6 commission.

Leverage

ProductLeverage
Forex/Indices1:1000
Precious Metals1:500
Energies1:400

Trading Platform

Forex Club provides the mainstream trading platforms MT4 and MT5, supporting multiple versions including Windows, iOS, Android, Mac, and WebTrader.

Trading PlatformSupported Available Devices Suitable for
MT4Windows, iOS, Andorid, Mac, WebTraderBeginners
MT5Windows, iOS, Andorid, Mac, WebTraderExperienced Traders
MT5

Deposit and Withdrawal

The minimum deposit for Forex Club is $100. More detailed information on deposits and withdrawals has not been disclosed.

Copy Trading

Traders can directly copy the trading strategies of “signal sources” in the community, which is suitable for users who lack trading experience or hope for passive investment.

Bonus

From May 1 to June 30, 2025, traders can get a maximum cashback of $5 per lot for trading products such as gold and crude oil. Both new and existing customers are eligible to participate.

cashback

Do deriv and forexclub have lower transaction costs?

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 forexclub are, we first considered common fees for standard accounts. On deriv, the average spread for the EUR/USD currency pair is -- pips, while on forexclub the spread is from 1.6.

Which broker between deriv, forexclub 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,CMA,FSC,VFSC,CIMA. forexclub is regulated by NBRB.

Which broker between deriv, forexclub 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 the -- platform with products like --; forexclub offers the Standard ,ECN platform featuring assets including Precious metals, commodities, stocks, indices, CFDs, etc..

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