XM vs Deriv – Which CFD broker is a better choice?

In the ever-evolving world of online trading, traders are faced with an array of choices when it comes to platforms and brokers. Two notable names in this domain are Deriv and XM. Both have carved a niche for themselves, but how do they stack up against each other? This detailed analysis aims to provide a clear comparison based on their features and offerings.

1. Trading Platforms

Deriv boasts a plethora of trading platforms, catering to various trader preferences. Their lineup includes MT5, DerivX, Deriv EZ, Deriv GO, Deriv Trader, and SmartTrader. Each of these platforms has been designed to ensure that traders have a seamless experience whether they are trading on the web or through their mobile app.

On the other hand, XM has kept its platform offerings concise with the renowned MT4 and MT5. Their WebTrader version is available for both PC and Mac users, eliminating the need for any downloads.

2. Mobile Application

Their mobile app, Deriv GO, has been optimized for traders who wish to venture into multipliers on the move. It allows for trading across various assets including forex, derived indices, and cryptocurrencies. Its 24/7 trading feature is particularly impressive, enabling users to trade synthetics and cryptocurrencies round the clock and forex during regular market hours.

XM also takes mobility seriously. Their all-in-one XM App is available for both MT4 & MT5 platforms, ensuring that traders can access their accounts and execute trades from anywhere, anytime.

3. Trading Accessibility and Features

Both platforms are quite inclusive, offering trading on multiple devices including MAC PC, iPad, iPhone, Android, and Android Tablet.

Deriv allows users to tap into seven financial markets. Their offerings span Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, ETFs, and their proprietary Synthetic Indices. Of these, their synthetic indices are particularly intriguing, being immune to global events and regular market hours. They simulate real-world market movements and are available for trade 24/7.

XM, in contrast, extends its services to eight financial markets. Their offerings encompass Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, and ETFs. Notably, their approach to trading Equity Indices is particularly beginner-friendly due to the ability to trade without owning the actual financial instrument and the lower deposit requirements.

4. Costs and Leverage

Deriv prides itself on its tight competitive spreads, with figures as low as 0.5 pips. Coupled with high leverage of up to 1:1000, it enables traders to maximize their potential gains, while also increasing the potential loss.

XM offers tight spreads starting from 0.6 pips. They also provide flexibility in leverage, ranging from 1:1 to 1000:1, ensuring traders can choose a level they’re comfortable with.

5. Additional Features and Benefits

Deriv offers a host of features including Negative Balance Protection, swap-free accounts (both for Islamic traders and everyone), and an intricate order execution policy that incorporates “one-click trading” for swift trade executions.

XM extends several incentives to its traders, including deposit bonuses of up to $5000. They also run trading contests and offer a no deposit bonus. Moreover, for traders using Expert Advisors (EAs), XM offers a Free VPS service to eliminate downtime.

6. Payment Methods

Both platforms are quite accommodating in terms of deposit and withdrawal methods. They support a myriad of methods including credit and debit cards, e-wallets, and bank transfers. Most notably, both emphasize on zero fees for deposits and withdrawals, ensuring traders retain maximum profits.

Conclusion

While both Deriv and XM offer robust trading platforms, their individual offerings cater to different trader preferences. Deriv’s diverse platform options and synthetic indices make it stand out, while XM’s generous bonuses and Free VPS service might be attractive to many traders. Ultimately, the choice between the two boils down to individual trading goals, strategies, and preferences.

Go to Deriv’s Official Website

Go to XM’s Official Website

Are you interested in trading with Deriv?

In the rapidly evolving realm of online trading, the name ‘Deriv’ stands as a beacon for traders everywhere. As one of the world’s most prominent online brokers, Deriv offers a comprehensive suite of trading options that cater to both beginners and seasoned traders.

About Deriv

Established over two decades ago, Deriv has an enduring commitment to make trading accessible and hassle-free. They were unsatisfied with the high commission structures and cumbersome processes that traditional brokers offered. Recognizing the shift towards a digital-first economy, Deriv embraced a vision to create an unmatched experience for digitally savvy traders without compromising on the quality or transparency of service.

Today, with a customer base of over 2.5 million registered users worldwide, Deriv’s dedication to integrity, customer focus, competence, and teamwork has cemented the position at the forefront of the trading industry.

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Deriv’s Core Values

• Integrity: Deriv’s operations are characterized by fairness and transparency. Every contract Deriv processes is settled according to industry standards. Deriv prides themselves on the straightforward approach in every interaction.
• Customer focus: Ensuring optimal customer experience is not just a goal; it’s an obsession. Deriv prioritizes the user journey, continually enhancing the platforms to provide the best possible trading environment.
• Competence: At Deriv, they cherish a culture of continuous learning and growth. Deriv’s team comprises individuals who are not just experts in their fields but also demonstrate remarkable judgment and problem-solving skills.
• Teamwork: Deriv’s success is the collective result of collaborative efforts. Deriv encourages inter-departmental synergies and believe in harnessing the power of diverse perspectives.

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Why Traders Choose Deriv

Stellar Reputation:

The Deriv Group, responsible for the renowned brands Deriv and Binary.com, pioneered the world’s first fixed-odds trading service in 1999. This innovation laid the foundation for the consistent growth and the trust Deriv’s established among traders globally.

Regulatory Assurance:

Deriv operates under the scrutiny and guidelines of multiple regulatory bodies, ensuring that the operations align with international standards of safety and transparency. These include the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority (Labuan FSA), the Vanuatu Financial Services Commission (VFSC), and the British Virgin Islands Financial Services Commission.

Uncompromised Client Money Protection:

Your capital’s security is Deriv’s top concern. Deriv has stringent measures in place to ensure client funds are segregated from company funds, held in reputable financial institutions. This robust system guarantees that, in the improbable event of insolvency, every penny of your money is accounted for and returned to you.

Risk Management:

Online trading, while lucrative, comes with its set of risks. Deriv believes in responsible trading and provides resources, insights, and support to ensure you are equipped to navigate the trading waters safely. For beginners, Deriv’s platform offers a risk-free environment to practice trading using virtual funds.

24/7 Support:

Deriv’s dedicated support team is available round the clock. Whether you need clarifications, encounter issues, or just need guidance, they are here to help. Besides Deriv’s live chat, the comprehensive Help Centre and active community forum are always available to assist you.

Trading Platforms for Every Trader:

Deriv’s suite of platforms is designed to cater to every trading preference. Whether you’re trading CFDs, digital options, or multipliers, the platforms like Deriv MT5, Deriv X, Deriv EZ, and Deriv GO ensure a seamless experience.

Education & Resources:

Deriv believes informed traders make better decisions. To this end, Deriv regularly updates the repository of market news, analysis, webinars, ebooks, video tutorials, and articles. These resources empower you with knowledge, enhancing your trading strategy.

Security:

In today’s digital age, data breaches and cyberattacks are real threats. At Deriv, their robust security infrastructure, including SSL encryption, ensures that your personal and financial data remains impervious to any external threats.

Go to Deriv’s Official Website

Explore the Deriv Advantage

From the inception, the driving force behind Deriv has been innovation coupled with an unwavering commitment to all customers. With features like unlimited virtual funds for practice, a wide array of assets across markets, and state-of-the-art trading platforms, we invite you to experience a trading journey like no other.

Don’t just take the word for it. Experience risk-free trading with Deriv’s demo accounts or dive straight into the world of opportunities with a real trading account. Remember, with Deriv, you’re not just trading; you’re part of a global community where your success is the priority. Join Deriv today and discover the difference.

Go to Deriv’s Official Website

Are you interested in trading with XM?

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Quality service is the backbone of XM, and they pride themselves on setting unparalleled standards in the world of trading. For XM and its esteemed clients, quality isn’t just an option – it’s a decisive element. XM’s philosophy is rooted in versatile financial services complemented by equally versatile thinking and a steadfast commitment to the guiding business principles.

XM’s ambition is twofold: to stride alongside global market needs and to interpret all clients’ investment aspirations with an unprecedentedly receptive perspective.

Go to XM’s Official Website

Unravel a Multifaceted Trading Experience at XM

XM believes in offering more than just a trading account. Here’s what sets them apart:

• Dedicated Personal Account Managers: Receive one-on-one guidance, ensuring your trading journey is seamless.
• Research Insights: Avail free access to pivotal forex market research, empowering you to make informed decisions.
• Daily Webinars: Stay updated with daily forex webinars, conducted by experts for traders of all levels.
• Video Tutorials: Enhance your trading knowledge with the expansive library of video tutorials.
• Trading Signals: Never miss a trading opportunity with daily access to insightful forex trading signals.
• Platform Diversity: With ten diverse platforms, trade from any device, anytime, anywhere.
• In-depth Analysis: Get your daily dose of technical analysis, unlocking the mysteries of market movements.
• Market Outlook: Dive deep into daily forex market forecasts, preparing you for the day’s trading.
• Round-the-clock Assistance: XM’s 24/7 live help is always ready to assist, ensuring your queries never go unanswered.

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Dive into the World of Trading with XM’s Diverse Offerings

1. Forex Trading: Step into the global arena with over 50 global currency pairs.
2. Crypto CFDs: Capitalize on the future with Bitcoin, Ethereum, Ripple, and more.
3. CFDs on Indices: Trade major global indices, tapping into the heart of world economies.
4. Commodities CFDs: From sugar and cocoa to wheat and more, discover endless possibilities.
5. CFDs on Stocks: Over 600 companies await, offering endless trading opportunities.
6. Turbo Stocks: Engage with popular CFDs on Stocks with a staggering 1:200 Leverage.
7. CFDs on Metals: Unearth riches with Gold, Silver, Palladium, and more.
8. CFDs on Energies: Navigate the energy sector with Oil, Gas, and other major players.

Go to XM’s Official Website

XM – The Synonym for Trust and Excellence in Trading

10 million reasons and counting – that’s the number of clients who trust XM for Forex Trading, Cryptocurrencies Trading, and more. But why do they trust us?

Licensing & Regulation:

XM is overseen by renowned regulatory bodies like ASIC, CySEC, FSC, and DFSA, ensuring unwavering standards.

Global Presence:

XM’s expansive footprint covers 190 countries, supported by a team proficient in over 30 languages. Not just that, the management’s commitment is evident as they’ve visited over 120 cities to comprehend the nuances of client needs.

Unwavering Client Commitment:

For XM, every client is paramount, irrespective of their investment size or account type. This client-first approach is woven into the origin story and remains unshaken.

Extensive Trading Instruments:

Dive into a trading universe with forex, CFDs on cryptocurrencies, stock indices, commodities, and more – all under a unified account.

Transparency at its Best:

At XM, hidden terms don’t find a place. What’s promised is delivered, ensuring every client, regardless of investment size, receives what they’re shown.

Simplicity & Efficiency:

XM’s systems, designed with a user-first philosophy, make every step – from account opening to trading – as straightforward as possible.

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BIG. FAIR. HUMAN. – The XM Ethos

With an impressive clientele of over 10 million from 190 countries and an impeccable track record of over 2.4 billion trades with zero rejections or requotes, XM’s legacy is robust and noteworthy. Established in 2009, XM’s journey has been monumental. Today, with a team of 900 seasoned professionals, XM stands tall as an industry leader, echoing the commitment to being BIG in resources, FAIR in dealings, and HUMAN in interactions.

Client Education:

XM’s commitment goes beyond trading. With seminars across the globe, XM is dedicated to empowering all clients with the knowledge they need.

Diverse Workforce:

Embracing a spectrum of cultures, XM values diversity. XM’s expertise emerges from the vast experience and in-depth understanding of global financial dynamics.

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XM’s Legendary Execution and Trading Features

At XM, swift and precise order execution is a given. XM’s assurance: 100% order execution with 99.35% of these executed in less than a second. This legendary efficiency has been the hallmark since 2010. With XM’s platforms supporting multiple order types and offering real-time market execution, your trading experience is set to be unparalleled.

Go to XM’s Official Website

Trade Anytime, Anywhere with XM’s MT4 & MT5 App

Welcome to the future of trading! Experience an unrivaled mobile trading encounter with XM’s revamped MT4 & MT5 app. From instant order execution to real-time news updates, this app is a trader’s best companion.

How to Get Started? It’s simple! Find the XM app, log in or register, and embark on your mobile trading journey.

In conclusion, XM isn’t just a trading platform – it’s an experience, a commitment, and a promise. Whether you’re a novice or a seasoned trader, XM has the tools, resources, and dedication to elevate your trading journey. So, why wait? Dive into the world of XM and redefine your trading experience.

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FAQs to summarize the article

What are the primary trading platforms for Deriv?

Deriv offers a variety of platforms including MT5, DerivX, Deriv EZ, Deriv GO, Deriv Trader, and SmartTrader.

What trading platforms does XM offer?

XM provides the renowned MT4 and MT5 platforms, along with their WebTrader version for both PC and Mac users.

Are mobile applications available for both brokers?

Yes. Deriv offers Deriv GO, and XM provides an all-in-one XM App compatible with both MT4 & MT5 platforms.

How do the trading features differ between Deriv and XM?

While both platforms offer trading on multiple devices, Deriv has unique offerings like synthetic indices, whereas XM has a beginner-friendly approach to trading Equity Indices.

What about the costs and leverage for each broker?

Deriv offers tight spreads starting from 0.5 pips and leverage up to 1:1000. XM provides spreads from 0.6 pips and a leverage range from 1:1 to 1000:1.

Are there any additional benefits to using Deriv?

Yes. Deriv provides features such as Negative Balance Protection, swap-free accounts, and “one-click trading.”

What are the extra features of XM?

XM offers deposit bonuses up to $5000, trading contests, a no deposit bonus, and a Free VPS service.

How do the payment methods compare?

Both Deriv and XM support a variety of payment methods like credit/debit cards, e-wallets, and bank transfers, emphasizing zero fees for both deposits and withdrawals.

How do Deriv and XM differ in their market approach?

While both provide robust platforms, Deriv stands out with its diverse platform options and synthetic indices. In contrast, XM attracts with bonuses and a Free VPS service.

What’s Deriv’s legacy in the trading industry?

Deriv, part of the Deriv Group (which also includes Binary.com), introduced the world’s first fixed-odds trading service in 1999 and is backed by multiple regulatory bodies.

How is XM distinguished in the trading world?

XM is recognized for its commitment to quality service, with features like dedicated personal account managers, diverse platforms, and round-the-clock assistance.

What about the client protection measures at Deriv?

Deriv ensures client funds are segregated from company funds and held in reputable financial institutions, ensuring maximum capital security.

How does XM ensure trust and excellence in trading?

XM is licensed and regulated by bodies like ASIC, CySEC, and FSC, and emphasizes transparency, simplicity, and client commitment.

What’s the ethos of XM?

XM stands by the motto “BIG. FAIR. HUMAN.”, highlighting its vast resources, fairness in dealings, and a human-centric approach.

Based on the comparison, which broker should I choose?

The decision between Deriv and XM boils down to individual trading preferences, goals, and strategies. Both have their unique offerings catering to different trader requirements.