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deriv , LINE FX Broker Comparison

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

In the table below, you can compare the features of deriv , LINE FX 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
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LINE FX
7.78
Regulated
Under guarantee
5-10 years
FSA
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deriv BrokerRelated News

deriv 、 LINE FX 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 line-fx 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
line-fx
LINE FXReview Summary
Founded2019-04-23
Registered Country/RegionJapan
RegulationUnregulated
Products 23 currency pairs
LeverageUp to 1:25
SpreadFrom 0.3 pips
Trading PlatformLINE FX(Smart Phone)/LINE FX Pro(PC)/TradingView
X, Line, Facebook

LINE FX Information

Registered in Japan, LINE FX is a securities company that has access to 23 currency pairs without commission. EUR/USD core time (fixed in principle) 9:00 am – 5:00 am the next day is 0.3 pips, other times are 0.4-9.0 pips. The lower the spread, the better the liquidity.

The transaction fee is 0 yen. However, there is a difference (spread) between the bid and ask prices of the currencies LINE FX offers. When placing an order, a margin of 4% or more (leverage 25 times) is required for each currency pair.

LINE FX Information

Is LINE FX Legit?

The Financial Services Agency(FSA) regulates LINE FX with license number 関東財務局長(金商)第3144号 and License Type Retail Forex License, making it safer than unregulated.

Is LINE FX Legit?
Is LINE FX Legit?

Trading Tools

Trading tools for beginners and experts, TradingView has charting capabilities, LINE FX is available for smartphones, and LINE FX Pro is suitable for PC

Trading ToolsSupported Available Devices
LINE FXSmart Phone
LINE FX ProPC
TradingView-

Deposit and Withdrawal

LINE FX accepts bank transfers and QuickCash for payment and bank transfers for withdrawals. Bank transfer payments require a commission. Except for QuickCash payments that specify financial institutions, other payments apply to all banks and the processing time is generally within 24 hours.

ProcedurePayment MethodsCommission Available financial institutionsBusiness hours
PaymentBank transferCustomer's responsibilityAll banksGenerally 24 hours
QuickCashfree Mitsubishi UFJ BankSumitomo Mitsui Banking CorporationMizuho BankSumishin SBI Net BankRakuten Bank JapanPost BankPayPay Bank
WithdrawalBank transferfreeAll banks

Do deriv and line-fx 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 line-fx are, we first considered common fees for standard accounts. On deriv, the average spread for the EUR/USD currency pair is -- pips, while on line-fx the spread is --.

Which broker between deriv, line-fx 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. line-fx is regulated by FSA.

Which broker between deriv, line-fx 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 --; line-fx offers the -- platform featuring assets including --.

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