Deriv vs RoboForex vs Vantage - Fees Review included
| Feature | Deriv | RoboForex | Vantage |
|---|---|---|---|
Overall |
1.5 |
4.9 |
4.4 |
1.5 |
4.6 |
4.2 |
|
1.7 |
4.9 |
4.6 |
|
1.6 |
5 |
4.4 |
|
Investment Instruments |
1.8 |
4.8 |
4.6 |
Platforms and Charting Tools |
1.4 |
4.9 |
4.5 |
Deposit and Withdrawal |
1.8 |
4.8 |
4.4 |
Research |
1.4 |
4.9 |
3.9 |
Education |
1.3 |
4.8 |
4.7 |
Support |
1.2 |
5.0 |
4.1 |
Bonuses |
1.3 |
5 |
4.4 |
|
|
|
|
Deriv vs RoboForex vs Vantage: 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.
RoboForex is a brokerage company that was founded in 2009. It provides services to financial markets in 169 countries. More than 3.5 million users are RoboForex clients. RoboForex is the leading software developer in the Forex industry. RoboForex is recognized as a reliable partner by the most respected financial market experts. The company has won numerous prestigious awards. The RoboForex group of companies has an international license to provide services from FSC Belize.
Vantage FX is an STP broker that has been operating since 2009. Traders can find Forex currency pairs on the company's website, as well as CFDs on American, Australian, and European stocks, commodities, and indices. The company operates under the licenses of four regulators — the UK (FCA), Australia (ASIC), Vanuatu (VFSC), and the Cayman Islands (CIMA). Since its creation, Vantage FX has received 11 prestigious awards.
| Deriv | RoboForex | Vantage | |
|---|---|---|---|
| Overall Pros | Low level of the minimum deposit. | Trading With Leverage up to 1:2000 | The broker has licenses from four reputable regulators |
| A wide range of payment agents for replenishment of the deposit and withdrawal of earned funds. | Near 9000 supported trading assets | Free trading signals for traders, regardless of the type of trading account | |
| Availability of trading instruments of different groups: currency pairs, stocks, indices, metals, etc. | Low trading and non trading fees | Fantabulous bonus policy and terms of its affiliate program | |
| Broker regulation by several authorities from different countries. | Passive income with copy trading | 3 copy trading platforms support | |
| Round-the-clock client support. | Great bonus programs | ||
| Choice of three convenient trading platforms. | Instant withdrawal of funds | ||
| No commission for maintaining a trading account and using its platforms. | Best choice of Forex EA, Forex bots builder | ||
| Advanced trading platforms | |||
| Overall Cons | The tutorials provided on the site may not be enough for novice traders. | Lack of cryptocurrency tools when trading on the R Trader platform | Customers from most countries are forced to cooperate with a branch that has an offshore license |
| Deriv has only a few ways to contact support. | A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime | Limited education and a lack of information on Forex trading | |
| The broker does not serve clients from several countries, such as the USA, Canada, Malaysia, Israel, and others. | Snail-paced withdrawal of funds with the requirement to comply with special conditions |
Deriv vs RoboForex vs Vantage: Safety and Regulation
| Regulated By: | Deriv | RoboForex | Vantage |
|---|---|---|---|
Max. Regulation Level |
Tier-2 |
Tier-3 |
Tier-3 |
Investor protection |
€20,000 |
€20,000 |
€20,000 |
FCA UK Regulation |
No |
No |
No |
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 |
No |
No |
BVI FSC |
Yes |
No |
No |
VFSC |
Yes |
No |
No |
FSA (Seychelles) |
No |
No |
No |
Deriv vs RoboForex vs Vantage: Trading Conditions
| Trading Conditions | Deriv | RoboForex | Vantage |
|---|---|---|---|
Minimum Deposit |
$10 |
$10 |
$200 |
Trading Platforms |
Deriv MT5, Deriv X, DTrader, SmartTrader, DBot |
MT4, MT5, cTrader, R StocksTrader, RoboForex, |
Vantage FX app, МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader |
Max Leverage (Futures) |
1-1000 |
1-2000 |
1-500 |
Supported Markets |
Currency pairs, cryptocurrencies, CFDs, indices, stocks, synthetic indices, commodities |
Forex, Stocks, Indices, ETFs, Groceries, Energy commodities, Metals |
Currency pairs (44), CFDs on stocks (226), indices (16), and commodities (19) |
Trading assets |
218+ |
8700+ |
400+ |
Trading Accounts |
Real account, demo account |
Pro, Pro Cent, ECN, Prime |
Demo, Standard STP, Pro ECN, RAW ECN |
Base Account Currencies |
Deriv MT5, Deriv X, DTrader, SmartTrader, DBot |
USD, EUR |
AUD, USD, GBP, EUR, SGD, and CAD |
Deriv vs RoboForex vs Vantage: Fees
| Fee | Deriv | RoboForex | Vantage |
|---|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
0,5 |
0,5 |
Standard acc. spread EUR/USD, max pips |
0,8 |
2 |
2 |
ECN Commission |
2 |
2 |
|
ECN Spread EUR/USD |
0,2 |
0,2 |
|
Deposit fee, % |
No |
No |
No |
Withdrawal fee, % |
No |
0-4 |
0-4 |
Withdrawal fee, USD |
No |
0-1,3 |
0-1,3 |
Inactivity fee, $ |
25 |
No |
No |
Deriv vs RoboForex vs Vantage: Trading Assets
| Asset Name | Deriv | RoboForex | Vantage |
|---|---|---|---|
Overall |
218+ |
9700+ trading assets |
400+ |
Forex |
Yes |
Yes |
yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
No |
Bonds |
No |
No |
No |
Mutual funds |
No |
No |
No |
Stock options |
No |
No |
No |
Futures Trading |
No |
No |
No |
Binary Options |
No |
No |
No |
Deriv or RoboForex or Vantage: Investment Programs
| Asset Name | Deriv | RoboForex | Vantage |
|---|---|---|---|
Copy Trading |
Yes |
Yes |
Yes |
MAM/PAMM |
No |
No |
No |
Managed Accounts |
No |
No |
No |
Other |
No |
No |
No |
Trading Platforms: Deriv or RoboForex or Vantage
| Deriv | RoboForex | Vantage | |
|---|---|---|---|
MT4 |
No |
Yes |
Yes |
MT5 |
Yes |
Yes |
Yes |
cTrader |
No |
Yes |
No |
Appropriate platform |
DTrader |
R StocksTrader, RoboForex Terminals |
Vantage FX |
Others |
SmartTrader |
No |
No |
|
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Deriv vs RoboForex vs Vantage: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Deriv | RoboForex | Vantage |
|---|---|---|---|
Bank Wire |
Yes |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Yes |
Neteller |
Yes |
Yes |
Yes |
BTC |
Yes |
No |
No |
Wise |
No |
No |
No |
Payoneer |
No |
No |
No |
USDT |
Yes |
No |
No |
Deriv vs RoboForex vs Vantage: Research
| Research Type | Deriv | RoboForex | Vantage |
|---|---|---|---|
News Feed |
Yes |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
No |
Trading Ideas |
Yes |
Yes |
Yes |
E-Mail Reports |
No |
Yes |
No |
Deriv vs RoboForex vs Vantage: Education
| Education Type | Deriv | RoboForex | Vantage |
|---|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Yes |
Webinars |
No |
Yes |
Yes |
Articles |
Yes |
Yes |
Yes |
Videos |
Yes |
Yes |
Yes |
Cent account |
No |
Yes |
No |
Deriv vs RoboForex vs Vantage: Support
| Support Features | Deriv | RoboForex | Vantage |
|---|---|---|---|
Working Days |
24/7 |
24/5 |
24/5 |
Yes |
Yes |
Yes |
|
Phone |
No |
Yes |
Yes |
Online chat |
Yes |
Yes |
Yes |
Other |
No |
No |
No |
Deriv vs RoboForex vs Vantage: Forex Bonuses and Promo
| Promo | Deriv | RoboForex | Vantage |
|---|---|---|---|
Forex Bonus |
No |
Welcome bonus $30 Classic first deposit bonus up to 120% |
Initial deposit bonus Clients of the broker can receive a bonus upon the first deposit of 50% of the deposit amount. The maximum bonus amount is 20,000 USD. Funds are accrued in the form of trade credits that can be used to conduct transactions, increase margins, etc. |
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. |
Up to 40% of trading commissions |
CPA affiliate program (CellXpert). This affiliate program provides a reward for traders who promote the broker's services. The size of the bonus differs depending on the country from which new traders come. The remuneration levels are as follows: 600 USD for clients from Germany, Denmark, Switzerland, UK, Norway, France, the Netherlands, Sweden, Austria, Ireland, and New Zealand; 400 USD for customers from Hong Kong, Finland, Italy, Portugal, UAE, Kuwait, Qatar, Saudi Arabia, Malaysia, Israel; 300 USD for clients from the Czech Republic, Slovak Republic, Poland, Taiwan, Colombia, Thailand, Mexico, Greece, South Africa; 100 USD for clients from other countries. The referred client is registered in the partner group if two conditions are met: Account replenishment for 500 USD; The trading turnover is at least two trading lots in the first month after registration. |
Other Promos |
Vantage FX encourages active traders by returning them some of the commissions in the form of cashback or rebate. Clients who fund their account in the amount of 10,000 USD and maintain the amount at this level can earn commissions up to 8 USD per lot traded. In addition, such customers can receive gifts from the broker, such as a gift card or iPhone. |
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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 RoboForex
-
Comment
I have been working with RoboForex for three years. The advantages include high reliability, regulation by FSC Belize, and membership in The Financial Commission with protection up to €20,000. There was a technical issue with a withdrawal once, but it was resolved through support within 2 hours, and compensation was credited automatically. I mainly use CopyFx, copying trades from traders with returns of over 8% per month. In 2024, my account grew by 28%. The platform is user-friendly, with both a mobile version and a web trader available.
-
Comment
RoboForex turned out to be a perfect fit for trading small volumes: they offer micro accounts (ProCent) with a minimum lot size of 0.01, and the entry threshold is just $10. In two months, I grew my initial deposit from $30 to $67 by trading currencies and gold. I really liked that the broker doesn’t charge any deposit fees, and you can withdraw funds anytime via Skrill or bank transfer. Tested and confirmed: the money arrives within 24 hours.
-
Comment
I found the broker RoboForex through the Traders Union ranking — it currently holds the number one spot among forex brokers in Ukraine. I opened an account to trade U.S. stocks via StocksTrader: over 12,000 instruments available, including CFDs on Apple, Nvidia, Google, and Tesla shares. The minimum deposit on StocksTrader is $100, but the commissions are low and the trading dashboard is user-friendly. In the first quarter, I made a 14% profit trading stocks and ETFs. The high-quality analytics and educational materials on the website are also a big plus.
-
Comment
I chose RoboForex for trading currency pairs because of the low minimum deposit of just $10 and the wide range of instruments available. I trade on Pro and ECN accounts, and the spreads really do start from 0 pips, especially on EUR/USD. Over the course of a month, I managed to grow my deposit from $150 to $220 thanks to fast order execution and no slippage. I was pleased with the instant withdrawal — my $50 request was processed within 30 minutes to a Visa card. The MT5 platform is user-friendly and works smoothly on both desktop and mobile.
-
Comment
I chose RoboForex for its combination of high order execution speed and favorable conditions for investors. Spreads start from 0.2 pips, and leverage goes up to 1:2000 — the highest among regulated brokers. I really like the CopyFx investment platform, which allows you to follow successful traders and diversify risks. Most accounts offer free deposits and withdrawals. RoboForex provides reliable fund protection, including negative balance protection, and also safeguards traders’ interests through a compensation fund of up to €20,000.
Top 5 Reviews on Vantage
-
Comment
Regarding security, Vantage Markets provides basic measures: it works with 15 major liquidity banks, including J.P. Morgan and Citibank, and also supports data encryption. The minimum order size is 0.01 lots, margin call occurs when margin falls to 50%, and stop-out at 20%. This is a standard setup for ECN brokers. However, the lack of a comprehensive training center and limited Forex information on the platform were somewhat disappointing.
-
Comment
Vantage Markets offers a well-developed CPA partnership program, where you can earn between $100 and $600 depending on the client’s country. The broker also provides a commission discount of up to $8 per lot and a deposit bonus of up to 50%. These are attractive terms, especially for IB partners. However, it’s important to note that bonus withdrawals require a specific trading volume, and the withdrawal process itself can take time — in some cases, special conditions must be met.
-
Comment
The trading conditions at Vantage Markets are ideal for those who value a wide range of instruments. The platform offers access to over 1,000 assets, including 70 currency pairs, 881 stock CFDs, 30 indices, 16 commodities, and 57 cryptocurrencies. All major platforms are supported — MetaTrader 4/5, TradingView, and mobile apps.
-
Comment
Vantage Markets caught my attention because it has been operating since 2009 and holds licenses from four regulators: FCA, ASIC, VFSC, and CIMA — a rarity among STP brokers. The minimum deposit of $50 makes the platform accessible even for traders with limited budgets. It’s also great that leverage can go up to 1:1000 for currency pairs and 1:500 for oil and gold, allowing for active trading in high-volatility markets. However, on standard STP accounts, spreads start from 1.1 pips — not the most competitive compared to some rivals.
-
Comment
Verifying an account on Vantage is straightforward and traders must verify their account before they can make deposits and withdraw from their accounts. On the vantage app if you have not verified, click on the verification button when you log in. You will need a national identity card or passport to pass the verification process. The maximum size of photo to upload must not exceed 5mb and documents must have your photo. Ensure to this is followed to avoid delay in verifying your account
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.