Deriv vs Exness vs Trade Nation - Fees Review included
| Feature | Deriv | Exness | Trade Nation |
|---|---|---|---|
Overall |
1.5 |
4.7 |
2.8 |
1.5 |
4.8 |
3.8 |
|
1.7 |
4.8 |
3.2 |
|
1.6 |
3.9 |
3.6 |
|
Investment Instruments |
1.8 |
4.1 |
1.7 |
Platforms and Charting Tools |
1.4 |
4.2 |
1.9 |
Deposit and Withdrawal |
1.8 |
4.6 |
2.4 |
Research |
1.4 |
4.7 |
3.6 |
Education |
1.3 |
4.8 |
1.5 |
Support |
1.2 |
4.5 |
2.3 |
Bonuses |
1.3 |
3.1 |
3.9 |
|
|
|
|
Deriv vs Exness vs Trade Nation: 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.
Trade Nation is an STP broker with its head office in London. It works with traders of the European and Asian regions. The company belongs to the classical medium-tier brokers with a standard set of trading assets and instruments. Its regulators are: FCA (UK), ASIC (Australia), FSCA (South Africa), and SCB (Bahamas).
| Deriv | Exness | Trade Nation | |
|---|---|---|---|
| Overall Pros | Low level of the minimum deposit. | Trading With Leverage up to 1:2000 | Availability of licenses from four regulators. This indicates that the broker is subject to constant review by auditors with diverse requirements. |
| A wide range of payment agents for replenishment of the deposit and withdrawal of earned funds. | Big choice of ECN/STP accounts | Segregation of client accounts. Traders' money is deposited into separate accounts at Barclays bank. | |
| Availability of trading instruments of different groups: currency pairs, stocks, indices, metals, etc. | Low trading and non trading fees | Relatively narrow fixed spreads. | |
| Broker regulation by several authorities from different countries. | Free VPS hosting | Proprietary trading platform that complements MT4. | |
| Round-the-clock client support. | Quotes history | There's an online Trade Nation community of traders that shares information, knowledge, and trading strategies, all of which raise members’ professional trading skills. | |
| Choice of three convenient trading platforms. | |||
| No commission for maintaining a trading account and using its platforms. | |||
| Overall Cons | The tutorials provided on the site may not be enough for novice traders. | Not a big choice of trading assets | A small selection of payment systems. The broker works mainly through the banks. |
| Deriv has only a few ways to contact support. | No forex bonuses | There is a minimum withdrawal amount. | |
| The broker does not serve clients from several countries, such as the USA, Canada, Malaysia, Israel, and others. | Support service in the chat and via email is unprofessionally slow in responding to your inquiries. |
Deriv vs Exness vs Trade Nation: Safety and Regulation
| Regulated By: | Deriv | Exness | Trade Nation |
|---|---|---|---|
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 Trade Nation: Trading Conditions
| Trading Conditions | Deriv | Exness | Trade Nation |
|---|---|---|---|
Minimum Deposit |
$10 |
$1 |
$1 |
Trading Platforms |
Deriv MT5, Deriv X, DTrader, SmartTrader, DBot |
MT4, MT5, MultiTerminal |
МТ4, Trade Nation proprietary terminal |
Max Leverage (Futures) |
1-1000 |
1-2000 |
1-200 |
Supported Markets |
Currency pairs, cryptocurrencies, CFDs, indices, stocks, synthetic indices, commodities |
Currencies, assets of stock and commodity markets, cryptocurrencies |
Currency pairs, commodities, and stock markets assets |
Trading assets |
218+ |
100+ |
2090+ |
Trading Accounts |
Real account, demo account |
Standard, Standard Cent, Standart Plus, Raw Spread, Zero, Pro |
Standard Account, Low Leverage, High Leverage, Islamic Account, and Demo Account. |
Base Account Currencies |
Deriv MT5, Deriv X, DTrader, SmartTrader, DBot |
USD |
GBP, USD, EUR, AUD, ZAR, DKK, NOK, and SEK |
Deriv vs Exness vs Trade Nation: Fees
| Fee | Deriv | Exness | Trade Nation |
|---|---|---|---|
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 Trade Nation: Trading Assets
| Asset Name | Deriv | Exness | Trade Nation |
|---|---|---|---|
Overall |
218+ |
100+ trading assets |
2090+ |
Forex |
Yes |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
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 |
No |
Bonds |
No |
No |
Yes |
Mutual funds |
No |
No |
No |
Stock options |
No |
No |
No |
Futures Trading |
No |
No |
Yes |
Binary Options |
No |
No |
No |
Deriv or Exness or Trade Nation: Investment Programs
| Asset Name | Deriv | Exness | Trade Nation |
|---|---|---|---|
Copy Trading |
Yes |
Yes |
Yes |
MAM/PAMM |
No |
No |
No |
Managed Accounts |
No |
No |
No |
Other |
No |
No |
No |
Trading Platforms: Deriv or Exness or Trade Nation
| Deriv | Exness | Trade Nation | |
|---|---|---|---|
MT4 |
No |
Yes |
Yes |
MT5 |
Yes |
Yes |
No |
cTrader |
No |
No |
No |
Appropriate platform |
DTrader |
Exness terminal |
Trade Nation |
Others |
SmartTrader |
No |
No |
|
|
|
|
Deriv vs Exness vs Trade Nation: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Deriv | Exness | Trade Nation |
|---|---|---|---|
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 Trade Nation: Research
| Research Type | Deriv | Exness | Trade Nation |
|---|---|---|---|
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 |
No |
Deriv vs Exness vs Trade Nation: Education
| Education Type | Deriv | Exness | Trade Nation |
|---|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Yes |
Webinars |
No |
Yes |
No |
Articles |
Yes |
Yes |
Yes |
Videos |
Yes |
Yes |
No |
Cent account |
No |
Yes |
No |
Deriv vs Exness vs Trade Nation: Support
| Support Features | Deriv | Exness | Trade Nation |
|---|---|---|---|
Working Days |
24/7 |
24/5 |
24/5 |
Yes |
Yes |
Yes |
|
Phone |
No |
Yes |
Yes |
Online chat |
Yes |
Yes |
No |
Other |
No |
No |
No |
Deriv vs Exness vs Trade Nation: Forex Bonuses and Promo
| Promo | Deriv | Exness | Trade Nation |
|---|---|---|---|
Forex Bonus |
No |
Not offered |
The Trade Nation loyalty program awards points for every trade executed. In the future, the points can be exchanged for compensation of trading expenses up to 20%. Also, the broker gives 1,000 points to everyone who opens a real account and gets verified. Due to regulatory restrictions, the loyalty program does not work for traders from the UK and Australia. |
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 |
The variants of partnership programs include: Revenue share plan. The partner receives a percentage of the income that referrals receive at the expense of the spread paid by them; CPA plan. A partner gets a fixed payment for each attracted client following verification; Hybrid plan. This program combines the advantages of both variants and allows you to receive a certain percentage of interest and a fixed fee based on the trades of the referee. |
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Top 5 Reviews on Deriv
-
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.
-
Comment
Deriv stands out for its unique instruments like synthetic indices and futures, which are available 24/7 without weekend breaks. The MT5 platform runs smoothly, and there are convenient web versions like DTrader and a mobile app. Deposits and withdrawals start from just $5, with minimal transaction fees. Over the past month, I made three withdrawals — each time the funds arrived within one business day. Deriv also offers educational courses and analytics that truly help beginners get up to speed quickly. I recommend Deriv for its reliability and wide range of instruments.
-
Comment
Deriv offers excellent conditions for mobile trading: the app runs smoothly on all devices, and all features fully mirror the web platform. For beginners, there’s a $10,000 demo account available to test any strategies risk-free. Spreads on major instruments start from 0.5 pips, and execution speed is high — I haven’t experienced any delays. I regularly take part in Deriv competitions, which offer the chance to win bonuses and no-deposit credits. After a year of trading with Deriv, I managed to grow my account from $50 to $700, and I’ve never had any issues with verification or customer support.
-
Comment
Deriv offers very flexible conditions for automation: the DBot robot builder allows you to create your own trading algorithms without any coding knowledge. The minimum deposit is $5, and commissions on most CFD trades are minimal—usually less than $1 per lot. Investors have access to a wide range of trading instruments: currencies, stocks, commodities, cryptocurrency, and indices. I especially appreciate the ability to trade with leverage up to 1:1000, which provides great potential to grow your deposit. Over the past three months, I have received more than $30 in cashback from participating in Deriv promotions.
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 Trade Nation
-
Comment
Payments at Trade Nation are exact. I have withdrawn a couple of times. Of course, the amounts were small, but I didn’t hear any complaints about large ones either. So I recommend the broker.
-
Comment
Traded with Trade Nation a few years ago. There is no decency here, guys. If you still decide to trade here, read the regulations very, very carefully. They can find a lot of violations in your trading and take your money. These are scammers.
-
Comment
In short, this is a scam company. We do. what do we want and what will you do for us? Due to a malfunction in the chart, I did not close a number of positions. Similar positions with two other brokers closed at the same time at the same time. This is a scam, I do not recommend!
-
Comment
People, do not even allow the thought to mess with these Fraudsters with a capital letter. Very cruel, psychologically trained nonhumans! By deceit they will pull everything to the penny, merge it! And you will be blamed for everything. I personally experienced all their psychological tricks.
-
Comment
As for me, it's nothing special. A typical broker with no deposit requirements who earns on spread markup. It does not charge any additional fees, including for making a deposit and withdrawing funds. Trade Nation has a loyalty program. According to its terms, for each closed transaction, the broker accrues some points, which can then partially cover trading commissions. If you wish, you can quickly get used to the author's Trade Nation terminal, because its interface is similar to MetaTrader. But the broker also offers MT4, so you can trade with it and not bother. Trade Nation is regulated in several jurisdictions, which is good, but it does not offer a choice of accounts, which is a minus.
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.