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Do you want to know which is the better broker between Deriv and Grand Capital ?
In the table below, you can compare the features of Deriv , Grand Capital side by side to determine the best fit for your needs.
Long: -12.68
Short: 4.02
Long: -18.32
Short: 3.52
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, grand-capital 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:
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. |
General Information & Regulation
Grand Capital Holdings Limited is a financial services firm based in Hong Kong. Its wholly owned subsidiaries of Grand Capital Securities Limited and Grand Capital Futures Limited, offer execution and advisory services to individuals, corporations and institutions through its brokerage, wealth management, asset management and institutional divisions. Clients can utilize self-directed and advisor assisted channels to access global markets and gain exposure to multiple asset classes. Grand Capital is licensed by SFC to conduct type 1, 2, 4, 5 and 9 regulated activities and holds trading and clearing memberships on the Stock Exchange of Hong Kong and Hong Kong Futures Exchange.
Products
Products offered by Grand Capital Holdings Limited include Securities, Futures, Stock Options, and Fixed Income.
Services
Services offered by Grand Capital Holdings Limited include Brokerage services, Wealth Management, Asset Management, Institutional Services.
Trading Platform Available
Grand Capital Holdings Limited gives its clients give two choices: iTrade and WebTrade.
Customer Support
TheGrand Capital Holdings Limited customer support can be reached through telephone: Tel +852 3891 9888, Fax: +852 2529 2899 , as well as email: cs@grandch.com.
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 grand-capital are, we first considered common fees for standard accounts. On deriv, the average spread for the EUR/USD currency pair is -- pips, while on grand-capital the spread is --.
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. grand-capital is regulated by SFC.
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 --. grand-capital provides trading platform including -- and trading variety including --.