Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
---|---|---|---|---|
Deriv | $5 Minimum Deposit | Deriv X, DTrader, DMT5, DBot, SmartTrader Trading Platforms | 100+ Markets To Trade | Deriv offers margin trading CFDs, 24/7 trading and fixed time trades About |
Expert Option | $10 Minimum Deposit | Web Trader & Apps Trading Platforms | 100+ Markets To Trade | Expert Option offer fixed time trades About |
Expert Option vs Deriv Comparison
Each offers fixed time trades, though Deriv has a faster trade time and a higher maximum payout rate for successful trades. Expert Option provides a wider range of markets to trade, including Stocks and Cryptocurrencies. Some markets and features may not be available in some countries.
However in addition to fixed time trades, Deriv also offers margin trading of CFDs on Deriv X and MT5. On its platform it provides an account which has Cryptocurrency CFD trading. Additionally on Deriv, there is an account for STP trading and an account for trading Synthetic Indices (simulated markets) 24/7.
Expert Option does provide social trading information on its fixed time trade platform. DBot is offered as part of the Deriv platform. This provides traders the capacity to build robots based on options and run them.
Quick comparison
Both provides fixed time trades. Deriv is a suite of platform offering different types of ways to trade, including building robots and offering margin trading on MT5. Expert Option provides social trading.
Minimum deposit and key account features
There minimum deposit for Deriv is $5. The minimum deposit for Expert Option is $10.
- Deriv offers a range of platforms and account types packaged into one platform. It includes on DMT5 a Financial, a Financial STP and a Synthetic account. None of these accounts charges commissions. Some products may not be available in some countries.
- Expert Option offers 6 account types, Micro, Basic, Silver, Gold, Platinum and Exclusive. The minimum deposit for a Micro account is $10, for a Basic account is $50, for a Silver account $500, for a Gold account $2500 and for a Platinum account $5000. The Exclusive account is by invitation only. All Expert Option account types offer education materials. Silver through Exclusive provide daily market reviews and financial research. Gold through Exclusive offer priority withdrawal and increased payout rates. The maximum trade size ranges from $10 for Micro to $5000 for Exclusive. Expert Option is not available in some countries.
Markets to trade
- Deriv offers Forex, Metals, Indices, Energy, Stocks, Cryptocurrencies, ETFs and Options, with 100+ available.
- Expert Option offer Forex, Metals, Indices, Energy, Stocks and Cryptocurrencies, with 100+ available.
Online Broker | Minimum Deposit | Deriv vs Expert Option |
---|---|---|
Deriv | $5 Minimum Deposit | Deriv is a suite of platforms offering trading mostly in fixed time trades, but also margin trading on MT5 and Deriv X. Deriv includes a platform for robots, based on fixed time trades. Deriv vs Expert Option |
Expert Option | $10 Minimum Deposit | Expert Option provides fixed time trades on a user friendly platform. Expert Option includes social trading on its platform. Deriv vs Expert Option |
Cryptocurrency CFDs
- Deriv offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, EOS and Emercoin CFDs.
- Expert Option offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, Tether, Monero, Zcash, Ethereum Classic, Bitcoin Gold and IOTA.
Leverage
Maximum leverage for Deriv (MFSA regulated) is . Maximum leverage for Deriv (VFSC, BVIFSC, LFSA regulated) is 1000:1.
Online trading platforms
Deriv offers Deriv X, DTrader, DMT5, SmartTrader and DBot. Expert Option provides a Web Trader and apps.
Why Deriv or Expert Option ?
The Deriv platform offers a suite of online trading platforms covering different ways to trade fixed time trades. However, Deriv also provides margin trading of CFDs. Expert Option focuses on fixed time trades. In terms of fixed time trades, Deriv can offer faster trade times (down to 1s) and higher payout rates for successful trades. Deriv additionally provides 24/7 trading of simulated markets. Therefore, traders who want to trade fixed time trades can try either, but those who want very fast trades down to 1 second may wish to consider Deriv (though Expert Option has trades down to around 30 seconds). Traders who want to trade CFDs on real and simulated markets on MT5 and Deriv X, can consider Deriv. Additionally traders who want to trade across a suite of platform, including a platform for options robots, may wish to consider Deriv. Finally, traders who want social trading with options, can consider Expert Option.
Comparison summary
- Both offer fixed time trades
- Deriv additionally provides margin trading of CFDs on MT5
- Both offer web traders
- Deriv additionally provides MT5
- Deriv offers a robot building platform for options
- Expert Option has social trading on its platform
- Deriv provides a suite of platforms in an intuitive design