Deriv vs LiteForex - Fees Review included
Which broker is better Deriv or LiteForex? Our expert assessment conducted according to TU’s own methodology showed that Deriv is one of the top brokers in the financial market with the TU Overall Score of 7.2 out of 10. LiteForex is one of the top brokers in the financial market with the TU Overall Score of 7.87 out of 10. Find out more about TU Overall Score.
| Feature | Deriv | LiteForex |
|---|---|---|
Overall |
1.5 |
4.4 |
1.5 |
4.8 |
|
1.7 |
3.7 |
|
1.6 |
3.8 |
|
Investment Instruments |
1.8 |
4.5 |
Platforms and Charting Tools |
1.4 |
4.5 |
Deposit and Withdrawal |
1.8 |
5 |
Research |
1.4 |
4 |
Education |
1.3 |
4.4 |
Support |
1.2 |
4.7 |
Bonuses |
1.3 |
4.1 |
|
|
|
Deriv vs LiteForex: 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.
The LiteForex broker is a high-tech company that constantly offers innovative solutions for active and passive trading. The LiteForex group of companies was incorporated in 2005, and it has risen through the ranks to become a market leader. Today, LiteForex is an online ECN broker with unique technical solutions for transferring transactions to the interbank and directly to liquidity providers.
| Deriv | LiteForex | |
|---|---|---|
| Overall Pros | Low level of the minimum deposit. | Correspondence to the A-Book model, STP (straight-through processing) and ECN technologies for processing client orders and pin spreads with instant market execution with minimal slippage in both directions |
| A wide range of payment agents for replenishment of the deposit and withdrawal of earned funds. | ||
| Availability of trading instruments of different groups: currency pairs, stocks, indices, metals, etc. | ||
| Broker regulation by several authorities from different countries. | ||
| Round-the-clock client support. | ||
| 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. | |
| Deriv has only a few ways to contact support. | ||
| The broker does not serve clients from several countries, such as the USA, Canada, Malaysia, Israel, and others. |
Deriv vs LiteForex: Safety and Regulation
| Deriv | LiteForex | |
|---|---|---|
Max. Regulation Level |
Tier-2 |
Tier-1 |
Investor protection |
€20,000 |
€20,000 |
FCA UK Regulation |
No |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
No |
BVI FSC |
Yes |
No |
VFSC |
Yes |
No |
FSA (Seychelles) |
No |
No |
Deriv vs LiteForex: Trading Conditions
| Trading Conditions | Deriv | LiteForex |
|---|---|---|
Minimum Deposit |
$10 |
$50 |
Trading Platforms |
Deriv MT5, Deriv X, DTrader, SmartTrader, DBot |
MT4, MT5, MultiTerminal, Sirix Webtrader |
Max Leverage (Futures) |
1-1000 |
1-500 |
Supported Markets |
Currency pairs, cryptocurrencies, CFDs, indices, stocks, synthetic indices, commodities |
Forex, assets of stock and commodity markets, cryptocurrencies |
Trading assets |
218+ |
200+ |
Trading Accounts |
Real account, demo account |
Demo, Classic, ECN |
Base Account Currencies |
Deriv MT5, Deriv X, DTrader, SmartTrader, DBot |
USD, EUR, CHF, MBT |
Deriv vs LiteForex: Fees
| Deriv | LiteForex | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
1,8 |
Standard acc. spread EUR/USD, max pips |
0,8 |
2,0 |
ECN Commission |
2,5 |
|
ECN Spread EUR/USD |
0,2 |
|
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
25 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Deriv vs LiteForex: Trading Assets
| Asset Name | Deriv | LiteForex |
|---|---|---|
Overall |
218+ |
200+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes |
Yes (CFD) |
Indices |
Yes |
Yes |
ETFs |
No |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Deriv or LiteForex: Investment Programs
| Asset Name | Deriv | LiteForex |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: LiteForex or Deriv
| Deriv | LiteForex | |
|---|---|---|
MT4 |
No |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
DTrader |
No |
Others |
SmartTrader |
SiriX Webtrader |
|
|
|
Deriv vs LiteForex: Deposit and Withdrawal Methods
| Deriv | LiteForex | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
Deriv vs LiteForex: Research
| Research Type | Deriv | LiteForex |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
Deriv vs LiteForex: Education
| Education Type | Deriv | LiteForex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
No |
LiteForex vs Deriv: Support
| Support Features | Deriv | LiteForex |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
FB Messenger, Telegram |
Deriv vs LiteForex: Forex Bonuses and Promo
| Promo | Deriv | LiteForex |
|---|---|---|
Forex Bonus |
No |
No |
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. |
This multilevel affiliate program allows you to get remuneration up to $50 for each client (referral) + 10% of the sub-partner's profit. |
Other Promos |
ZERO Fees — reimbursement to the trading account by the debited payment system for the transfer of a commission via replenishment or withdrawal |
|
|
|
|
Top 5 Reviews on LiteForex
-
Comment
I liked that LiteForex offers its own platform with built-in analytics and a library of indicators. The personal account interface makes it easy to customize charts, view signals, and use trading ideas from Claws&Horns. The broker also reimburses payment system fees when funding the account — a small detail, but a nice touch. Overall, the trading conditions are competitive, especially considering access to cryptocurrencies and a stop-out level of 20%.
-
Comment
I trade actively on the ECN account - here the spread is from 0 pips, commissions per lot are calculated separately. The broker returns up to 70% of the spread via MOFT, and the client receives 80% of this amount. On average, 0.05 points of compensation on the euro-dollar is received daily, which can give $100+ for a month with active trading. For those who work with large volumes, this is a great way to reduce costs.
-
Comment
In my opinion, LiteFinance has one of the most well-designed partnership programs. There's a CPS model with payouts of up to $50 per client registration, plus 10% of the earnings from sub-partners. Partners can set their own cashback rates — up to 90%. There's also a "Regional Representative" status, offering payouts starting from $15 for each trade made by a referred client. All of this helps build not only a trading strategy but also a stable source of additional income.
-
Comment
I chose LiteFinance because of its user-friendly platform and wide support for payment systems. The minimum deposit starts at $50, and the spread on the Classic account begins from 1.8 pips. Leverage up to 1:500 provides more flexibility in capital management. It's important that you can trade not only currencies, but also stocks, funds, and cryptocurrencies. The 100% margin call level requires careful risk calculation. Execution and withdrawals have been stable — no complaints so far.
-
Comment
LiteForex has really impressed me with its commitment to the A-Book model and the use of advanced STP and ECN technologies for processing client orders. Pin spreads and instant market execution with minimal slippage in both directions make trading more transparent and efficient. This allows me to have confidence in the integrity and reliability of trades. I especially appreciate the speed and accuracy of order execution, which greatly improves my trading experience. LiteForex is an excellent choice for those who are looking for a broker with high standards of work and advanced technologies.
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.
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.
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.