Deriv.com vs TIO Markets
Deriv.com or TIOmarkets – which is better for UK traders 2024? Compare Deriv.com and TIOmarkets in this detailed breakdown of their platforms, features and fees.
Deriv.com | TIOmarkets |
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Deriv.com is ranked #97 among CFD brokers. | TIOmarkets is ranked #97 among CFD brokers. |
Deriv.com has closed or no longer accepts UK clients.
Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5. |
TIO Markets is a global forex and CFD brokerage with both an offshore and UK-regulated branch. The broker has a strong customer focus, with 24/7 telephone and live chat customer service. Traders can access a range of accounts with competitive spreads from 0.4 pips. |
Pros | |
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Cons | |
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FCA Regulated | |
No | Yes |
Instruments | |
CFDs, Multipliers, Forex, Stocks, Indices, Commodities | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$5 | $50 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
MFSA, LFSA, VFSC, BFSC | FCA |
Mobile Apps | |
iOS & Android | Yes |
Trading App | |
Deriv GO shines with its straightforward app design and diverse trading opportunities, from traditional markets to custom indices that simulate real-world markets and offer 24-hour trading, including on weekends. The in-app chat assistance, which can’t be found at many alternatives, is also fast and reliable, providing an important layer of support for new users. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | No |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader, DBots | Yes |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
Deriv allows clients to replicate the positions of experienced traders through signals on DMT5. You can receive signals in real-time and decide whether to action trades in your own account. The best part is that the process of copying is fully automated, which is ideal for beginners seeking a hands-off approach. | |
Social Trading | |
No | No |
Trade Signals | |
DMT5 | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$25 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
You can trade CFDs on popular markets, including the broker's exclusive synthetic indices which are available 24/7. There are plenty of charting tools available for technical traders, including over 20 indicators in the Deriv Trader platform. New users can also open an account and start trading CFDs instantly. | Unfortunately, I do feel that the broker's mediocre range of 300 CFDs will be quite restricting for most traders. It certainly doesn't compare to many other brands I review. Plus, the absence of crypto, ETF and soft commodity CFDs is a further setback. |
Leverage | |
1:1000 | 1:30 |
FTSE Spread | |
0.5 | 20 |
GBPUSD Spread< | |
0.5 | 0.8 |
Oil Spread | |
0.018 | 0.02 |
Stocks Spread | |
0.07 | Variable |
Forex | |
Clients can go long or short on a string of major, minor and exotic currency pairs. Spreads on EUR/USD are competitive at 0.5 pips, only marginally trailing the 0.4-pip spreads at alternatives like Alpari. Forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader. | My tests uncovered an average selection of 46 forex pairs, including major, minor and exotic currency combinations. That said, access to both the MT4 and MT5 platforms is a major bonus for forex strategists looking for market-leading software. |
Assets | |
30+ | 45+ |
GBPUSD Spread | |
0.5 | 0.8 |
EURUSD Spread | |
0.5 | 0.4 |
EURGBP Spread | |
0.5 | 0.6 |
Cryptocurrency | |
Deriv.com continues to offer a strong selection of 30+ crypto pairs - this is more than double the range offered at our leading competitor, IQ Cent. 1:2 leverage is also available so you can magnify potential returns, and there are no commissions which is ideal for newer traders. | |
Spread | |
From 0.5 | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Deriv.com | TIOmarkets |
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