Deriv-vs-IC-Markets---Which-Forex-CFD-broker-has-better-trading-conditions Deriv-vs-IC-Markets---Which-Forex-CFD-broker-has-better-trading-conditions

Deriv and IC Markets are prominent online trading platforms. Deriv features platforms like MT5, DerivX, and SmartTrader, while IC Markets offers WebTrader, MT4, and cTrader. Both provide mobile and web accessibility, covering seven financial markets, including Forex, cryptocurrencies, and commodities. Unique offerings include Deriv’s synthetic indices and IC Markets’ futures CFDs.

Cost-wise, Deriv boasts low spreads from 0.5 pips with no commission, while IC Markets has an average EUR/USD spread of 0.1 pips with varied commissions. Both prioritize client protection and transparency. For instance, Deriv has a zero-fee policy for transactions, and IC Markets offers fee-free deposit methods and a swap-free account for Islamic traders.

Go to Deriv Official Website

Or

Go to IC Markets Official Website

Deriv vs IC Markets

In the complex and dynamic world of online trading, choosing the right platform is crucial. In this article, we will compare two renowned trading platforms – Deriv and IC Markets. Let’s delve into the details to see which platform might be the right fit for you.

1. Trading Platforms

Deriv boasts a suite of versatile platforms including MT5, DerivX, Deriv EZ, Deriv GO, Deriv Trader, and SmartTrader. These platforms cater to various trading styles and preferences, ensuring traders can choose the best fit for their strategies.

IC Markets offers a lineup that includes WebTrader, MT4, cTrader, IC Social, and ZuluTrade. Their range of platforms suggests they prioritize giving traders multiple choices to accommodate different trading needs.

2. Platform Accessibility

Whether you’re at your desk or on the move, Deriv has got you covered. All of their platforms are available as web versions or mobile apps. Specifically, their mobile app, Deriv GO, is optimized for trading multipliers on-the-go, catering to users who want 24/7 access to the markets.

With a focus on user-friendliness, IC Markets offers web-based versions of cTrader and MetaTrader platforms, emphasizing fast order execution. Furthermore, their mobile application supports both Android & iOS devices, providing a comprehensive trading experience on the go.

3. Markets & Instruments

Deriv offers access to 7 financial markets:

  • Forex: High leverage CFD trading.
  • Cryptocurrencies: Round-the-clock trading in a liquid market.
  • Stock CFDs: Trade global stocks and indices.
  • Commodities: Speculate on price movements of popular assets like gold and oil.
  • Equity Indices: Access a wide range of global stocks and indices.
  • Precious Metals: Trade all four precious metals with no commission.
  • Energies: Access popular commodities with high leverage and competitive spreads.
  • ETFs: A cost-effective method for diverse asset group trading.
  • Synthetic Indices: Proprietary 24/7 trading options independent of market risks.

IC Markets also offers 7 financial markets with instruments including:

  • Forex: Features raw spreads starting from 0.0 pips.
  • Cryptocurrencies: Volatile and decentralized trading.
  • Stock CFDs: Over 2100 large-cap Stocks CFDs across multiple exchanges.
  • Commodities: Including energies, agriculture, and metals.
  • Equity Indices: Trade popular global indices.
  • Precious Metals: Flexible trading on popular metals.
  • Energies: Ranges from metals to soft commodities.
  • Bonds: Liquid fixed-income securities.
  • Futures CFDs: Popular forms of CFDs available on MT4 & 5.

4. Cost & Leverage

Boasts competitive spreads, as low as 0.5 pips, especially in highly liquid markets like forex. They don’t charge any commission and offer a massive leverage of up to 1:1000 on various markets.

Prides itself on having one of the lowest spreads, especially an average EUR/USD spread of 0.1 pips. While they provide a leverage of up to 1:1000, the platform has different commission structures depending on the trading platform, with cTrader charging $3 USD per 100,000 USD traded.

5. Additional Features

Deriv supports negative balance protection and offers a swap-free MT5 account. It provides a detailed formula for calculating swap points for both synthetic and financial assets. Furthermore, there’s a transparent zero-fee policy for deposits and withdrawals.

Like Deriv, IC Markets also supports negative balance protection and offers a swap-free account for Islamic traders. They provide a thorough explanation of how swap points are charged, making sure traders are always informed. IC Markets provides numerous flexible deposit methods without charging any deposit or withdrawal fees.

Conclusion

Both Deriv and IC Markets are giants in the online trading world, each offering its unique features and benefits. Your choice will depend on your trading preferences, the platforms you are comfortable with, and the specific instruments you wish to trade. Always remember to conduct further personal research and consider seeking advice from financial professionals before making any trading decisions.

Go to Deriv Official Website

Or

Go to IC Markets Official Website

Are you interested in trading with IC Markets?

Account Type cTrader Raw Spread Standard
Commission (per lot) $3.0 ($6.0 per lot roundturn) $3.5 ($7.0 per lot roundturn) $0.0
Spreads from (pips) 0.0 0.0 0.6
Starting Deposit (USD) $200 $200 $200
Leverage 1:1000 1:1000 1:1000
Max. Position Orders per Account 2000 200 200
Server Location London New York New York
Micro Lot Trading (0.01) Available Available Available
Currency Pairs 61 61 61
Index CFD Trading Available Available Available
Stop Out Level 50% 50% 50%
One Click Trading Available Available Available
Islamic Accounts Available Available Available
Trading Styles Allowed All All All
Order Distance Restriction None None None
Programming Language C# MQL4 MQL4
Suitable For Day Traders & Scalpers EAs & Scalpers Discretionary Traders
Account Type Open cTrader Account Open Raw Spread Account Open Standard Account

Go to IC Markets Official Website

Since its inception, IC Markets has scaled the heights to become one of the premier MetaTrader 4 Forex CFD providers on the global stage. This ascendancy can be attributed to a simple principle—listening to what traders genuinely desire.

For anyone aspiring to venture into the world of trading, IC Markets not only promises, but delivers on tight spreads, unrivalled trading conditions, and a dedicated live support team available round-the-clock, eager to assist you.

Register on IC Markets for free

Mastering Low Spreads

A fundamental mission that IC Markets stands by is to consistently offer traders the most competitive spreads, regardless of the prevailing market conditions. The commitment to this has seen significant investment in technological advancements, alongside fostering robust partnerships with some of the most esteemed liquidity providers in the industry. This tireless dedication to improvement ensures that traders always receive the most optimal industry conditions.

Trade with the Low Spreads

Lightning Fast Execution

The significance of speed in the world of trading cannot be understated. At IC Markets, they’ve harnessed enterprise-grade hardware for the trade servers, located at the NY4 & LD5 data centres in New York and London respectively. By colocating the trader servers with the data servers of the pricing providers in these data centres, IC Markets guarantees its clients the fastest trade execution. Moreover, dedicated fibre optic connections between IC Markets and the pricing providers ensure minimal latency.

Experience the Fast Execution

Harnessing Superior Technology

To maintain the reputation as an industry leader, IC Markets has forged partnerships with globally renowned trading technology firms. This collaboration equips the traders with cutting-edge tools, including Depth of Market (DoM), spread monitoring, ladder trading, custom order templates for automated trade closure, and many more. And for those on the move, the iPhone and Android trading applications have been meticulously optimized for the best mobile trading experience.

Open an account with IC Markets

Unmatched Trading Conditions

IC Markets’ infrastructure has been meticulously tailored with traders at its core. Whether you’re into scalping, hedging, or automated trading, the platform accommodates all. With the Raw Spread account, spreads start from an unbeatable 0.0 pips. Moreover, IC Markets offers flexibility in leverage options, reaching up to 1:1000, and facilitate deposits in 10 leading global currencies.

Choose your account type with IC Markets

Better Fills for Optimized Trading

With IC Markets, clients can open trades ranging from a micro lot (1,000 base currency) up to 200 lots (20 million base currency) seamlessly. The underlying technology assesses and ranks prices, allowing real-time execution of sizeable trades across different pricing providers and their respective pricing tiers. This ensures traders always receive the best price, irrespective of their trade size.

Trade CFDs with IC Markets

Building Trust with Transparency

The core values at IC Markets are anchored in trust and transparency. IC Markets is a regulated Forex CFD provider, and the signature Raw Spreads on the main account ensures there are no requotes, price manipulations, or restrictions. Furthermore, IC Markets Global operates under the stringent oversight of the Financial Services Authority of Seychelles (FSA), ensuring adherence to strict capital requirements. Importantly, all client funds are securely held in segregated client trust accounts with top-tier international banks.

Go to IC Markets Official Website

Diverse Range of Markets

IC Markets’ portfolio offers traders a gateway to the world’s most traded and liquid markets, ensuring trading opportunities are always available. From Forex CFDs, which let traders tap into the world’s most liquid financial market, to Indices CFDs that provide exposure to the world’s largest equity markets, the range is extensive. Additionally, IC Markets offers Commodities CFDs, Stocks CFDs spanning the ASX, NYSE, and NASDAQ stock exchanges, Bonds CFDs, and Cryptocurrency CFDs.

Trade CFDs with IC Markets

Forex Trading with IC Markets

The diverse range of products, platforms, and account types ensures traders have unparalleled access to the world’s most popular and liquid markets round-the-clock. Choose an account that resonates with your trading style, whether it’s our Standard MetaTrader 4/5 account with no commissions or our Raw Spread MetaTrader 4/5 and cTrader accounts offering spreads as low as 0.0. Moreover, our demo trading accounts let budding traders hone their strategies in a risk-free environment.

Trade Forex with IC Markets

Raw Trader Plus: The Ultimate Trading Experience

For those who demand a bit more, the Raw Trader Plus is designed specifically for high-volume traders seeking competitive pricing, exclusive benefits, and rebates on trading commissions. From dedicated client support to access to the VPS hosting solution for launching automated trading strategies, Raw Trader Plus members experience the pinnacle of trading conditions.

Find out more about Raw Trader Plus

Trade on the Go with IC Markets’ Mobile App

The world of trading doesn’t stand still, and neither should you. With the IC Markets mobile app, you can engage with global markets at your fingertips. Whether you’re trading Forex, CFDs on Commodities, indices, or stocks, the app, available on both Android and iOS, ensures you’re always in control.

Download the Mobile App

Optimal Trading Conditions with IC Markets

IC Markets offers the ideal conditions for traders to thrive. Whether you’re starting out or are an experienced trader, IC Markets is your ticket to a transformative trading journey. By continuously pushing the boundaries, staying ahead of trends, and aligning ourselves with the needs and demands of all clients, IC Markets is setting a gold standard in the trading world. Join IC Markets and experience the difference firsthand.

Open an account with IC Markets

Are you interested in trading with Deriv?

deriv official website screenshot

In today’s fast-paced digital landscape, Deriv stands out as one of the world’s most prominent online brokers. Founded with the mission of shaking up the status quo, Deriv has been a beacon of change in the online trading landscape for over 22 years. Boasting millions of registered users worldwide, this powerhouse in online brokerage offers Contract for Difference (CFD) trading on a plethora of assets including forex, stocks & indices, cryptocurrencies, commodities, and their unique derived assets.

Go to Deriv’s Official Website

The Deriv Ethos: Bringing Tradition into the Digital Age

Deriv was conceived with an audacious vision: to revolutionize online trading. Traditional brokers with their high commissions and cumbersome products were the norm when Deriv started its journey. However, Deriv sought to reimagine this. Their objective was clear — offer a premier, digital-first trading experience to traders. Whether a trader has a vast portfolio or is just starting out, Deriv’s platform caters to all.

This dedication to breaking barriers has resonated with traders. From humble beginnings, Deriv now proudly serves over 2.5 million customers globally. Through all the growth and change, the mission remains unchanged: make trading universally accessible.

Sign up on Deriv

A Commitment to Values and Principles

Deriv’s operation isn’t just about offering a service; it’s about building a community. The fabric of Deriv’s culture is woven with strong values:

  • Integrity: A commitment to fairness and transparency underlines all of Deriv’s offerings. Customers are always served with honesty, and contracts are settled scrupulously.
  • Customer Focus: Deriv believes in a customer-first approach. This ethos pushes the company to create products that prioritize user experience, ensuring that clients always come first.
  • Competence: Deriv treasures its team members who exhibit a keen desire to learn, adapt, and exercise prudent judgement.
  • Teamwork: Collaboration is at the heart of Deriv’s success. Team members are encouraged to work harmoniously across departments, blending humility with ambition.

Further, the principles guiding their decisions stand tall:

  • Reliability: Prompt processing of deposits and withdrawals, transparent contract terms, and a stellar trading experience.
  • Fairness: A promise to treat every customer justly, ensuring competitive prices and transparent dealings.
  • Transparency: Clear communication, avoiding ambiguity, and being forthright about risks and operational modalities.
  • Responsibility: They eschew hard-selling, refrain from giving financial or trading advice, and always put the customer’s best interest at the forefront.

Go to Deriv’s Official Website

The Deriv Advantage: Why Millions Choose Deriv

Deriv has an illustrious track record. The Deriv Group, which also owns the Binary.com brand, has a rich history that stretches back to 1999. They pioneered the world’s first fixed-odds trading service. Over the years, this innovative approach has earned the trust of traders globally.

However, it’s not just history that makes Deriv standout. Their strict adherence to regulatory standards, as seen by their multiple licenses, adds another layer of trust. They are regulated by esteemed bodies like the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority, the Vanuatu Financial Services Commission, and the British Virgin Islands Financial Services Commission.

Protecting the client’s money is of paramount importance. At Deriv, customers can be assured that their funds are segregated from the company’s operational funds and securely held in reputed financial institutions. This ensures that even in the rare scenario of insolvency, the customer’s funds remain untouched.

For new traders, the world of online trading can be intimidating. Deriv recognizes the potential risks and ensures its customers are aware of them. They promote responsible trading, offering a practice platform with unlimited virtual funds, allowing new traders to hone their skills before diving into real trades.

The Deriv support team exemplifies customer service excellence. Available 24/7 via live chat, they ensure no query goes unanswered. Besides, they offer an extensive Help Centre and a vibrant community platform where traders can learn from their peers.

Navigating the Deriv platform is a breeze. Designed with user-friendliness in mind, their tools and platforms offer clear instructions. To assist traders further, Deriv provides regular market news, analysis, webinars, ebooks, video tutorials, and help centre articles.

Safety, of course, is paramount. Deriv employs cutting-edge security measures, including SSL encryption, ensuring that every trader’s data remains confidential and secure.

Open an account with Deriv

Understanding Deriv’s Offerings

Deriv’s product range is vast and catered to suit all types of traders. CFD trading allows traders to speculate on price movements without owning the underlying asset. With high leverage, traders can open larger positions using a smaller account balance. Coupled with tight spreads, Deriv ensures that traders get the best possible market entry cost.

Options trading, another one of Deriv’s specialties, provides traders with flexibility. Digital options, accumulator options, and vanilla options each offer unique ways for traders to predict market movements and earn potential profits.

Deriv multipliers, a product that merges the benefits of leverage trading with the limited risk of options, showcases the company’s innovative spirit. This product ensures that potential profits are maximized when the market moves favourably, while losses are contained to the stake amount.

Traders also have a variety of platforms to choose from. Deriv MT5, for instance, offers access to numerous asset classes, making it a one-stop-shop for traders. Similarly, platforms like Deriv X, Deriv EZ, and the mobile-centric Deriv GO each bring unique features to the table, ensuring that every trader finds a platform tailored to their needs.

Go to Deriv’s Official Website

Deriv isn’t just another online broker; it’s an institution. With over 20 years of relentless service, commitment to transparency, and innovative offerings, Deriv has carved out a unique space in the online trading domain. Whether a newbie looking to dip toes into trading waters or an experienced trader seeking a superior platform, Deriv welcomes all to be a part of its ever-growing family. Join today, and step into a world where technology meets tradition, and every trade truly matters.

Open an account with Deriv

FAQs to summarize the article

What trading platforms does Deriv offer?
Deriv offers MT5, DerivX, Deriv EZ, Deriv GO, Deriv Trader, and SmartTrader platforms.
Which trading platforms are available with IC Markets?
IC Markets provides platforms such as WebTrader, MT4, cTrader, IC Social, and ZuluTrade.
Are Deriv’s platforms accessible on mobile devices?
Yes, Deriv platforms are available as web versions or mobile apps. Specifically, the Deriv GO mobile app is optimized for trading multipliers on-the-go.
Does IC Markets have a mobile trading app?
Yes, IC Markets offers a mobile trading app that supports both Android & iOS devices.
Which financial markets can traders access through Deriv?
Deriv provides access to markets like Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, ETFs, and Synthetic Indices.
What financial markets are available with IC Markets?
IC Markets offers Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, Bonds, and Futures CFDs.
How do the costs and leverage compare between Deriv and IC Markets?
Deriv boasts spreads as low as 0.5 pips with no commission, offering up to 1:1000 leverage. IC Markets has an average EUR/USD spread of 0.1 pips and provides the same leverage, but with varying commission structures.
What are some additional features of Deriv?
Deriv offers negative balance protection, a swap-free MT5 account, a transparent zero-fee policy for deposits and withdrawals, and a detailed swap points formula.
Does IC Markets charge for deposits or withdrawals?
No, IC Markets doesn’t charge any fees for deposits or withdrawals.
What has IC Markets achieved since its inception?
Since its beginning, IC Markets has become a leading MetaTrader 4 Forex CFD provider globally, offering tight spreads, excellent trading conditions, and 24/7 live support.
How does Deriv stand out in the online brokerage landscape?
Deriv, active for over 22 years, offers Contract for Difference (CFD) trading on a wide range of assets and is known for its digital-first approach in providing premier trading experiences to all types of traders.
What are the core values of Deriv?
Deriv’s core values encompass Integrity, Customer Focus, Competence, and Teamwork.
How does Deriv prioritize customer funds’ safety?
Deriv segregates customer funds from the company’s operational money, holding them in renowned financial institutions. This ensures the funds remain untouched, even in insolvency scenarios.
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