Deriv vs Exness vs FXTM - Fees Review included
| Feature | Deriv | Exness | FXTM |
|---|---|---|---|
Overall |
1.5 |
4.7 |
4.5 |
1.5 |
4.8 |
4.9 |
|
1.7 |
4.8 |
4.7 |
|
1.6 |
3.9 |
4.5 |
|
Investment Instruments |
1.8 |
4.1 |
4.2 |
Platforms and Charting Tools |
1.4 |
4.2 |
4.3 |
Deposit and Withdrawal |
1.8 |
4.6 |
4.6 |
Research |
1.4 |
4.7 |
4.5 |
Education |
1.3 |
4.8 |
4.6 |
Support |
1.2 |
4.5 |
4.4 |
Bonuses |
1.3 |
3.1 |
2.9 |
|
|
|
|
Deriv vs Exness vs FXTM: Pros and Cons
Deriv is a brokerage company that started its activities in 1999. Deriv's mission is to make trading accessible. For this reason, the company has low minimum deposit requirements, but high-quality working conditions. DTrader is one of the broker's several proprietary trading platforms. Two others are DBot and DMT5. Deriv offers its clients to trade Forex assets, stocks, indices (including synthetic ones), CFDs, commodities, and options. Deriv is an international broker licensed and regulated by the following bodies: UK Financial Conduct Authority (FCA), Vanuatu Financial Services Commission (VFSC), Malta and Labuan Financial Services Authority (MFSA and Labuan FSA). The rights of traders are guarded by the Financial Commission, of which Derive is also a member.
Exness Trading Company has been working in the Forex market since 2008. The broker’s activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles. The service is regulated by licenses of CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and Supervision of Great Britain) and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). The broker holds the leading position in Forex ratings. The company’s monthly trading turnover totals $325.8 billion USD. The broker currently has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy and metals. Exness’s service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds. An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders’ needs. A demo account is available - a training account that is useful for both beginner level traders and professional traders.
Broker FXTM (pronounced "ForexTime") started in 2011. It provides an opportunity to make a profit through active trading or investment programs. The company is regulated by CySEC (Cyprus Securities and Exchange Commission), South African FSCA (Financial Sector Supervision Authority), UK FCA (Financial Conduct Authority), and FSC (Mauritius Financial Supervisory Commission). The broker has received many awards, including "Best Trading Conditions" (2018, 2019) and "Most Innovative Broker" (2018).
| Deriv | Exness | FXTM | |
|---|---|---|---|
| Overall Pros | Low level of the minimum deposit. | Trading With Leverage up to 1:2000 | Direct US stock trading with zero fees |
| A wide range of payment agents for replenishment of the deposit and withdrawal of earned funds. | Big choice of ECN/STP accounts | Stock baskets | |
| Availability of trading instruments of different groups: currency pairs, stocks, indices, metals, etc. | Low trading and non trading fees | 3 types of ECN accounts | |
| Broker regulation by several authorities from different countries. | Free VPS hosting | Low fees and near zero spreads | |
| Round-the-clock client support. | Quotes history | Well regulated forex broker | |
| Choice of three convenient trading platforms. | FXTM invest copy trading platform | ||
| No commission for maintaining a trading account and using its platforms. | Trading signals and trading calculators tools | ||
| Overall Cons | The tutorials provided on the site may not be enough for novice traders. | Not a big choice of trading assets | Lack of cryptocurrency |
| Deriv has only a few ways to contact support. | No forex bonuses | ||
| The broker does not serve clients from several countries, such as the USA, Canada, Malaysia, Israel, and others. |
Deriv vs Exness vs FXTM: Safety and Regulation
| Regulated By: | Deriv | Exness | FXTM |
|---|---|---|---|
Max. Regulation Level |
Tier-2 |
Tier-1 |
Tier-1 |
Investor protection |
€20,000 |
€20,000 £85,000 |
€20,000 £85,000 |
FCA UK Regulation |
No |
Yes |
Yes |
FINRA (U.S) |
No |
No |
No |
BaFin (Germany) |
No |
No |
No |
ASIC (Australia) |
No |
No |
No |
CFTC (U.S) |
No |
No |
No |
MAS |
No |
No |
No |
FSCA SA |
No |
Yes |
Yes |
BVI FSC |
Yes |
Yes |
Yes |
VFSC |
Yes |
No |
No |
FSA (Seychelles) |
No |
Yes |
Yes |
Deriv vs Exness vs FXTM: Trading Conditions
| Trading Conditions | Deriv | Exness | FXTM |
|---|---|---|---|
Minimum Deposit |
$10 |
$1 |
$50 |
Trading Platforms |
Deriv MT5, Deriv X, DTrader, SmartTrader, DBot |
MT4, MT5, MultiTerminal |
MT4, MT5 |
Max Leverage (Futures) |
1-1000 |
1-2000 |
1-2000 (not for all markets) |
Supported Markets |
Currency pairs, cryptocurrencies, CFDs, indices, stocks, synthetic indices, commodities |
Currencies, assets of stock and commodity markets, cryptocurrencies |
Forex, Stocks, CFDs on stocks, indexes, Commodities, Metals |
Trading assets |
218+ |
100+ |
1000+ |
Trading Accounts |
Real account, demo account |
Standard, Standard Cent, Standart Plus, Raw Spread, Zero, Pro |
Standard, Cent, Stocks, Stock CFDs, ECN , ECN Zero, FXTM pro |
Base Account Currencies |
Deriv MT5, Deriv X, DTrader, SmartTrader, DBot |
USD |
USD, EUR, GBP, NGN |
Deriv vs Exness vs FXTM: Fees
| Fee | Deriv | Exness | FXTM |
|---|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
0,6 |
0,6 |
Standard acc. spread EUR/USD, max pips |
0,8 |
1,5 |
1,5 |
ECN Commission |
3 |
3 |
|
ECN Spread EUR/USD |
0,1 |
0,1 |
|
Deposit fee, % |
No |
No |
No |
Withdrawal fee, % |
No |
No |
No |
Withdrawal fee, USD |
No |
No |
No |
Inactivity fee, $ |
25 |
No |
No |
Deriv vs Exness vs FXTM: Trading Assets
| Asset Name | Deriv | Exness | FXTM |
|---|---|---|---|
Overall |
218+ |
100+ trading assets |
1000+ |
Forex |
Yes |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Yes |
Metals |
Yes |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
No |
Energy |
Yes |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
No |
Yes (CFD) |
Bonds |
No |
No |
No |
Mutual funds |
No |
No |
No |
Stock options |
No |
No |
No |
Futures Trading |
No |
No |
Yes |
Binary Options |
No |
No |
No |
Deriv or Exness or FXTM: Investment Programs
| Asset Name | Deriv | Exness | FXTM |
|---|---|---|---|
Copy Trading |
Yes |
Yes |
Yes |
MAM/PAMM |
No |
No |
No |
Managed Accounts |
No |
No |
Yes |
Other |
No |
No |
No |
Trading Platforms: Deriv or Exness or FXTM
| Deriv | Exness | FXTM | |
|---|---|---|---|
MT4 |
No |
Yes |
Yes |
MT5 |
Yes |
Yes |
Yes |
cTrader |
No |
No |
No |
Appropriate platform |
DTrader |
Exness terminal |
FXTM invest |
Others |
SmartTrader |
No |
No |
|
|
|
|
Deriv vs Exness vs FXTM: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Deriv | Exness | FXTM |
|---|---|---|---|
Bank Wire |
Yes |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Yes |
Neteller |
Yes |
Yes |
Yes |
BTC |
Yes |
Yes |
Yes |
Wise |
No |
No |
No |
Payoneer |
No |
No |
No |
USDT |
Yes |
Yes |
Yes |
Deriv vs Exness vs FXTM: Research
| Research Type | Deriv | Exness | FXTM |
|---|---|---|---|
News Feed |
Yes |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
Yes |
E-Mail Reports |
No |
Yes |
Yes |
Deriv vs Exness vs FXTM: Education
| Education Type | Deriv | Exness | FXTM |
|---|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Yes |
Webinars |
No |
Yes |
Yes |
Articles |
Yes |
Yes |
Yes |
Videos |
Yes |
Yes |
Yes |
Cent account |
No |
Yes |
Yes |
Deriv vs Exness vs FXTM: Support
| Support Features | Deriv | Exness | FXTM |
|---|---|---|---|
Working Days |
24/7 |
24/5 |
24/5 |
Yes |
Yes |
Yes |
|
Phone |
No |
Yes |
Yes |
Online chat |
Yes |
Yes |
Yes |
Other |
No |
No |
callback, Telegram, Messenger Facebook, WhatsApp, |
Deriv vs Exness vs FXTM: Forex Bonuses and Promo
| Promo | Deriv | Exness | FXTM |
|---|---|---|---|
Forex Bonus |
No |
Not offered |
cashback of up to $5 |
Affiliate Program |
Deriv’s affiliate program is presented in three types: a trader can (i) receive additional earnings for the monthly income of his referees, (ii) for the probability of payments on options, as well as (iii) for inviting new users to the Deriv broker. |
40% of trading commissions |
Refer a friend. For each new invited client, the partner receives $50 |
|
|
|
|
Top 5 Reviews on Deriv
-
Comment
I have been trading on Deriv for over six months, and during this time I have never had any issues with order execution. On Forex, the average spread is from 0.5 pips, and execution on synthetic indices is almost instant. Over the past five months, I managed to grow my deposit from $50 to $320, earning most of it on the V100 contract. Deriv pays out profits honestly — verified by my personal experience!
-
Comment
I appreciated Deriv’s affiliate program — the payouts are transparent, with up to 45% of the platform’s revenue. In two months, I managed to refer 14 people, earning a total of $92 through the program. I withdrew the money to my bank card without any hassle. I was pleasantly surprised by the speed of customer support — they respond quickly and thoroughly.
-
Comment
I chose Deriv because of its wide automation capabilities — I tested trading robots on the DBot platform. In just one week, I set up a simple bot for volatility trading, and it’s been consistently generating $3–$7 per day. Over a month, the bot brought in a total profit of $125, which I successfully withdrew via e-wallet. Deriv definitely impressed me with how easy automation is.
-
Comment
I found Deriv through reviews on Traders Union and haven’t regretted it — the company is truly international, operating under licenses from the MFSA, LFSA, and other regulators. I was especially impressed by the DTrader platform: simple interface, a wide selection of indicators, and easy chart customization. I opened trades on Forex and synthetic indices, and in the first month, I managed to earn $70, even though I started with the minimum deposit.
-
Comment
I opened an account with Deriv earlier this year, attracted by the low spreads and a minimum deposit of just $5. I started out trading on a demo account, but later deposited $50 into a real account. What I liked is that Deriv offers over 200 assets, including currencies, cryptocurrencies, indices, and synthetic instruments. After three months of active trading, I was able to withdraw my first profit of $180 via Skrill — the withdrawal was processed within a day and without any fees.
Top 5 Reviews on Exness
-
Comment
Exness offers a user-friendly account dashboard and fast registration. It supports cards, transfers, Tether, WebMoney, Skrill, and more. Account currencies include USD, EUR, INR, ZAR, and others. I liked that you can open accounts and test the terminal in demo mode before switching to live trading. However, it's worth noting that the educational materials are available only in English, which may not be convenient for everyone.
-
Comment
Among brokers, Exness stands out for its wide selection of account types: Standard, Cent, Pro, Zero, and Raw Spread. The spread on Standard Plus starts from 1 pip, while on Pro it starts from 0.1. The client area includes a built-in calculator for commissions and margin, making it easy to estimate trade size. Negative balance protection is available, though PAMM accounts are not supported. VPS hosting is offered only with a minimum deposit of $500 and 14 days of trading activity.
-
Comment
The broker Exness offers leverage up to 1:2000, but in actual trading it's limited to 1:500 for volumes up to 5 lots, or 1:200 for 500+ lots. This system is more tailored for professionals. Withdrawals are indeed fast — funds reach your card or wallet within 1–2 minutes.
-
Comment
I tested copy trading through the Exness Social Trading platform. The setup was quick, and you can use it via browser or mobile app. A minimum deposit of $500 gives access to strategies with a subscription. Returns can reach 30–35% per month, but this depends on the specific trader. I liked that you can choose the time period and risk level. The subscription can be canceled at any time without penalties.
-
Comment
best trading platform and it has the best technical team
Top 5 Reviews on FXTM
-
Comment
I noticed a great difference between trading on a demo account and a live one with FXTM. There were no requotes or significant slippages on the demo account, which created the illusion of simple trading. However, when switching to a live account on the FXTM platform, some technical problems arose that made successful trading difficult. Apparently, real conditions require a more attentive and cautious approach to trading.
-
Comment
One day I decided to try my hand at trading with FXTM. However, they don't seem to be very interested in new traders. Managers from FXTM did not even want to help me complete the verification procedure to withdraw funds. In the end, I earned some money, provided them with the necessary documents, but they still blocked my user account when I submitted a withdrawal request. They refused to even discuss it and treated me rudely. FXTM managers are simply disrespectful.
-
Comment
I decided not to trade with FXTM. I won’t deny it, I limited myself to only testing a demo account with this company. It turned out that the order execution speed is very low, so orders are opened at unprofitable prices, and it is impossible to conduct a normal market analysis. I think I'm not the only one who encountered such problems at FXTM.
-
Comment
FXTM is creating problems when traders execute successful trades. At first glance, they give traders the opportunity to work and even withdraw small amounts of profit. However, as soon as profitable operations begin, difficulties occur. Withdrawing funds becomes problematic as support begins to suspect its clients of “dubious trades”. I don't recommend FXTM.
-
Comment
FXTM is a dishonest broker! I don’t even want to recall how I was deceived here! The support assured that everything was transparent and there was no manipulation. Then why does the price always, before closing an order, suddenly go against me? And it would be okay if it were on several trades! But this happens all the time! FXTM just completely took my deposit!
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.