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Exness vs. Deriv

By Tobi Amure
Reviewer DailyForex.com Team
Fact-checker Adam Lemon

Tobi Opeyemi Amure has more than seven years of experience as a financial market analyst. He holds a Bachelor's Degree from Obafemi Awolowo University. Tobi's main area of expertise is in personal finance and the Forex industry. He has contributed to top platforms such as Investopedia, GoBankingRates, and Investing.com, where his expertise in Forex markets and digital assets is widely recognized. Tobi’s engaging storytelling and data-driven an...

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The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using...

Read more

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked with...

Read more

Exness & Deriv Comparison

Exness and Deriv are leading global Forex brokers, but which one should you trust your Forex portfolios with?

I have conducted an in-depth review of Exness vs. Deriv to determine which presents the better overall choice and which traders will benefit the most at either broker.

Headquarters
CyprusMalaysia
Regulators
CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCABVIFSC, LFSA, MFSA, VFSC
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established
20081999
Execution Type(s)
Market MakerMarket Maker
Minimum Deposit
$10 (based on the account type)$5
Negative Balance Protection
N/A
Trading Platform(s)
MetaTrader 4, MetaTrader 5, Proprietary platformMetaTrader 5, Proprietary platform, Web-based
Average Trading Cost EUR/USD
0.6 pips0.6 pips
Average Trading Cost GBP/USD
0.7 pips0.7 pips
Average Trading Cost WTI Crude Oil
6.7 pips$0.02
Average Trading Cost Gold
11.3 pips$0.29
Retail Loss Rate
Undisclosed73.00%
Minimum Raw Spreads
0.0 pipsNot applicable
Minimum Standard Spreads
0.3 pips0.5 pips
Minimum Commission for Forex
$7.00 per 1.0 standard round lotCommission-free
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
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A snapshot of the most notable advantages of Exness:

A snapshot of the most notable advantages of Deriv:

  • Reasonable commission-free trading fees.
  • Excellent choice of payment processors, including cryptocurrencies.
  • Seven proprietary trading platforms
  • 1,000,000+ active traders
  • $15+ trillion in trading volume since inception
  • $45+ million in monthly withdrawals
  • API trading
  • Well-balanced choice of derivatives and synthetic assets.
  • Ultra-competitive leverage with negative balance protection.

Features & Platforms

MT4
MT5
MT4/MT5 Add-Ons
N/A
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading
N/A
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
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Available Markets

Currency Pairs
Cryptocurrencies
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)
Bonds
ETFs
Futures
Synthetics
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Both Forex brokers offer a choice of Forex and cryptocurrency CFDs and above-average commodity exposure, but here is why Exness is a better choice for most traders:

  • Superior selection of Forex pairs
  • Access to deep liquidity pools resulting in tighter spreads
  • Ultra-fast order execution
  • Flexible leverage settings
  • Swap-free trading on all Forex majors

Typical Spreads & Fees

Average Trading Cost EUR/USD
0.6 pips0.6 pips
Average Trading Cost GBP/USD
0.7 pips0.7 pips
Average Trading Cost WTI Crude Oil
6.7 pips$0.02
Average Trading Cost Gold
11.3 pips$0.29
Average Trading Cost Bitcoin
161.1 pips$30
Minimum Raw Spreads
0.0 pipsNot applicable
Minimum Standard Spreads
0.3 pips0.5 pips
Minimum Commission for Forex
$7.00 per 1.0 standard round lotCommission-free
Deposit Fee
Withdrawal Fee
Inactivity Fee
NoN/A
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Exness offers a choice of commission-free and commission-based fees, while Deriv has a commission-free pricing environment, but which one is cheaper?

Exness is the clear winner due to ultra-low trading fees, including raw spreads from 0.0 pips and low commissions in its Pro accounts.

Account Types

Both brokers offer demo accounts and swap-free trading accounts, copy trading, and algorithmic trading. Exness has commission-free and commission-based account types with ultra-low trading fees, while Deriv has only commission-free accounts.

Primary Account Structure Differences between Exness and Deriv

Here is what stands out the most:

  • Exness has more account type choices.
  • Exness has lower trading fees, resulting in more profits per trade.

Minimum Deposit

How Difficult Is It to Deposit at Exness Vs. Deriv?

The Exness minimum deposit depends on the payment processors, which can be $1 or less, but the best-priced accounts require a $500 deposit, while Deriv has a $5 minimum deposit.

Deriv has more payment processors, and Exness supports more deposit currencies. While both brokers have an excellent deposit infrastructure, Exness takes the lead.

Minimum Withdrawal

Which Withdrawal Process Is Better: Exness or Deriv?

Deriv has an excellent withdrawal infrastructure, but cryptocurrency withdrawals are subject to internal controls and can take a bit longer. Therefore, Exness trumps Deriv, as it has faster withdrawal processing times, including instant to near-instant withdrawals, without manual approval for verified traders and payment processors.

Security & Trust

Country of the Regulator
Cyprus, Kenya, Mauritius, Seychelles, United Kingdom, British Virgin Islands, South Africa, CuraçaoMalta, British Virgin Islands, Vanuatu, Labuan
Name of the Regulator
CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCABVIFSC, LFSA, MFSA, VFSC
Regulatory License Number
SD025, 0003LSI, SIBA/L/20/1133, 51024, GB20025294, 178/12, 730729, 16270156, MB/18/0024, SIBA/L/18/1114
Regulatory Tier
N/A1, 5, 4, 4, 1
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Which Broker Is More Secure and Trustworthy?

I rank both brokers as equally secure and trustworthy, as they have excellent regulators in trader-friendly jurisdictions, an impeccable track record spanning 15+ years, and membership with the Hong Kong-based Financial Commission, including independent financial audits and an investor compensation fund up to €20,000 per claim. Both brokers segregate client deposits from corporate funds and offer negative balance protectio

Deriv versus Exness Verdict

Exness

Pros
Cons
Instant withdrawals from a trusted broker with numerous payment processors
No beginner education
High level of transparency and financial audits by Big Four accountancy Deloitte
Multi-regulated broker with outstanding order and volume statistics
24/7 multi-lingual customer service

Deriv

Pros
Cons
Choice of proprietary trading solutions, including code-free algorithmic trading
The competitiveness of trading conditions depends on the geographic location
Reasonable commission-free costs and swap-free trading
Good Forex selection and many synthetic assets
25+ payment processors, including cryptocurrencies

Which Forex Broker Is Better?

Exness and Deriv are well-established Forex brokers with highly competitive trading infrastructures. Both brokers support algorithmic with VPS hosting for 24/5 low-latency trading, have copy trading services, and offer a balanced asset selection.

My Verdict

Deriv is an excellent Forex broker, but Exness grants traders an edge with its ultra-low Forex trading fees, deeper liquidity, and faster order execution.

FAQs

Is Deriv banned in the USA?

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No, but Deriv does not accept US-resident traders.

Is Deriv legit or fake?

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Deriv is a legit Forex broker compliant with four global regulators, operational since 1999, with a clean track record.

Which broker is better than Exness?

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Exness is an industry leader across all the categories traders prioritize for a competitive Forex trading environment. Individual preferences may find a few aspects better served at competing brokers, for example, beginner education.

Which broker is better than Deriv?

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Deriv ranks among the most competitive brokers, and very few can trump its trading infrastructure. Exness is among the few Forex brokers that are better than Deriv.

Tobi Opeyemi Amure has more than seven years of experience as a financial market analyst. He holds a Bachelor's Degree from Obafemi Awolowo University. Tobi's main area of expertise is in personal finance and the Forex industry. He has contributed to top platforms such as Investopedia, GoBankingRates, and Investing.com, where his expertise in Forex markets and digital assets is widely recognized. Tobi’s engaging storytelling and data-driven analysis have earned him a feature on Forbes and TheStreet, setting him apart as a trusted voice in Forex and online finance. In his free time, he explores emerging Forex trends, refines his market strategies, and actively engages with the global finance community.
The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.
Fact-checker Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.