Deriv vs Forex4you Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Deriv and Forex4you
| Broker | Deriv | Forex4you |
|---|---|---|
| Rating | 4.3/5 | 3.8/5 |
| Foundation Year | 2020 | 2006 |
| Regulated in Countries | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta | British Virgin Islands, Saint Vincent and the Grenadines, Belarus |
| Minimum Deposit |
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| Spread | from 0.5 points | from 0.1 points |
| Max Leverage | 1:4000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Deriv Review | Forex4you Review |
Deriv may be suitable for beginners looking for a user-friendly platform, a low entry threshold, and the opportunity to trade binary options or CFDs.
Forex4you is suitable for experienced traders who appreciate the variety of platforms and analytical tools and beginners due to extensive training materials.
Deriv Review
Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.
Pros and Cons of Deriv
Pros
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
Deriv is in the top 10 of the following ratings:
Forex4you Review
Forex4you is a broker with years of experience in the market, offering its clients a variety of trading instruments and platforms. On one hand, the broker provides exciting opportunities such as the Cashback program and various analytical tools. On the other hand, certain aspects, such as commissions and limited deposit methods, may pose particular difficulties for traders.
Forex4you is probably most suitable for intermediate and experienced traders looking for flexibility in choosing trading platforms and value analytical tools.
Pros and Cons of Forex4you
Pros
- Variety of trading accounts.
- Cashback program.
- Variety of trading platforms.
- Many analytical tools.
- Fast and professional response of the support service.
Cons
- Swaps are above the market average.
- Limited deposit methods.
- Limited product selection.
Forex4you is in the top 10 of the following ratings:
Reliability
| Broker | Deriv | Forex4you |
|---|---|---|
| Reliability | 4.2/5 | 4/5 |
| Foundation Year | 2020 | 2006 |
| Regulated in Countries | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta | British Virgin Islands, Saint Vincent and the Grenadines, Belarus |
| Regulators | LFSA LFSA BVIFSC BVIFSC VFSC VFSC SVGFSA SVGFSA JFSC JFSC MFSA MFSA | BVIFSC BVIFSC SVGFSA SVGFSA НБ РБ НБ РБ |
Deriv
Broker Deriv is relatively reliable, with licenses from various global regulators.
Forex4you
Forex4you broker is registered in the British Virgin Islands, St. Vincent and the Grenadines, and Belarus.
Pros
- International regulation (BVIFSC and SVGFSA).
- Regulation by the National Bank of the Republic of Belarus.
Cons
- Lack of regulation in major financial centers (e.g., EU or USA).
Account Opening
| Broker | Deriv | Forex4you |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Deriv
The account opening process at Deriv brokerage is quite simple and fast.
Forex4you
Opening an account with the broker is simple and convenient. Intuitive website navigation and quick access to the personal account area make the process extremely user-friendly.
Pros
- Simple registration form.
- Intuitive website navigation.
- Quick login to the personal account from the homepage.
Account Types
| Broker | Deriv | Forex4you |
|---|---|---|
| Account Types | 4.5/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.5 points | from 0.1 points |
| Max Leverage | 1:4000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Deriv
A wide variety of accounts on Deriv satisfies the needs of different traders, although there are certain limitations.
Pros
- A sufficiently wide selection of account types.
- The ability to trade binary options and multipliers.
Cons
- No accounts with fixed spreads.
Forex4you
Forex4you offers a variety of accounts, meeting the needs from beginners to professionals.
Pros
- Cent accounts for beginners.
- Trading accounts for experienced and professional traders.
- Own copy trading service Share4you
Commissions
| Broker | Deriv | Forex4you |
|---|---|---|
| Commissions | 4.3/5 | 2.2/5 |
| Spread | from 0.5 points | from 0.1 points |
| Average Spread (EURUSD) | 0.5 | 0.2 |
| Commission per Lot | $4 |
Deriv
Deriv's commissions are low.
Pros
- No commission for account funding and withdrawal.
- Low spreads and swaps on Financial type accounts.
Cons
- Fee for account inactivity.
Forex4you
Forex4you's commissions are above average.
Pros
- Cashback program available
Cons
- High commission per lot on Classic Pro account.
- Swaps higher than most competitors.
- Inactivity fee.
Deposit and Withdrawal
| Broker | Deriv | Forex4you |
|---|---|---|
| Rating | 5/5 | 3/5 |
| Account Funding Methods |
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Deriv
Broker Deriv offers various convenient methods for account funding and withdrawal without commission.
Forex4you
Forex4you offers convenient conditions for depositing and withdrawing funds via bank cards, but the choice of methods is limited.
Pros
- 0% commission for deposits and withdrawals.
- Instant credit on deposits.
Cons
- Lack of cryptocurrencies.
- No bank transfer option.
- Withdrawal time up to 6 business days.
Markets and Products
| Broker | Deriv | Forex4you |
|---|---|---|
| Markets and Products | 3.8/5 | 3.2/5 |
| Forex | 57 | 40 |
| Precious Metals | 11 | 2 |
| Energy Carriers | 2 | - |
| Indices | 63 | 13 |
| Stocks | 57 | 89 |
| ETF | 31 | - |
| Cryptocurrency | 31 | - |
Deriv
A wide range of assets in many segments.
Pros
- A large selection of assets for trading.
- Ability to trade synthetic indices 24/7.
Cons
- Absence of some important asset classes.
- Limited number of CFDs on stocks.
Forex4you
Forex4you offers a variety of markets, but the product range is limited compared to competitors.
Pros
- Wide selection of currency pairs.
- Diverse markets.
Cons
- Lack of energy carriers and soft commodities.
- Overall number of CFDs below market standards.
Trading Platforms
| Broker | Deriv | Forex4you |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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Deriv
Broker Deriv offers a wide range of trading platforms to meet the needs of traders of different levels.
Pros
- A variety of platforms for different types of trading.
- The ability to build trading robots without programming knowledge.
- Has its own mobile application.
Forex4you
Forex4you offers high-quality and functional trading platforms, ensuring comfortable trading.
Pros
- Availability of popular platforms MT4 and MT5.
- Proprietary development - the Forex4you platform.
- Mobile versions for trading on the go.
Analytics
| Broker | Deriv | Forex4you |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
Deriv
Deriv offers robust analytics with practical calculators and insightful market analysis, yet there's room for more real-time data tools.
Pros
- Detailed market insights on the Deriv Blog.
- Convenient risk management calculators.
Cons
- Lack of an economic calendar.
- Limited real-time data analytics.
Forex4you
Forex4you offers a wide range of analytical tools, providing traders with quality data for decision making.
Pros
- Extensive set of tools: news, technical analysis, economic calendar.
- Access to professional services such as Autochartist.
Cons
- Lack of in-depth fundamental analysis.
Education
| Broker | Deriv | Forex4you |
|---|---|---|
| Rating | 2.5/5 | 5/5 |
Deriv
Deriv's educational materials are limited to a blog, which restricts opportunities for comprehensive learning.
Forex4you
Forex4you training materials offer a comprehensive approach to learning with a wide range of topics and formats suitable for beginners and experienced traders.
Customer Support
| Broker | Deriv | Forex4you |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
| Email Support |
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| Hotline Phones | — |
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| Social Media |
Twitter
LinkedIn
YouTube
Facebook
Instagram
TelegramDeriv
Technical support at Deriv operates at a high level, providing fast and quality responses.
Pros
- Wide selection of communication channels.
- Quality and constructive responses.
Cons
- No information on the support schedule is available on the website.
- Some clients complain about the technical support service.
Forex4you
Forex4you's customer support provides a mixed experience, with quick response but also issues in some cases.
Pros
- Variety of communication channels.
- Quick response in chat and via email.
- Professionalism of the staff.
Cons
- Negative reviews about account freezing.
- Issues with fund withdrawal for some clients.
