Broker comparison

Deriv vs HF Markets Comparison

Compare trading conditions, commissions and platforms of Forex brokers Deriv and HF Markets. Find out which broker is best for you.

VS summaryScores and ranking at a glance
Deriv
Rating
4.3/5
Rank
#25
Register

Trading CFDs carries high risks. You may lose all invested funds

HF MarketsHigher ranked
Rating
4.3/5
Rank
#23
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - Deriv or HF Markets?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

HF Markets ranks higher in the editorial ranking.

Matching ratings can occupy different positions in the full ranking.

Deriv
Rating: 4.3/5Rank: #25
HF Markets
Rating: 4.3/5Rank: #23

Deriv

Different platforms
  • Deriv X
  • cTrader
Different markets
None listed
Cent account
No

HF Markets

Different platforms
  • MetaTrader 4
  • WebTrader
Different markets
  • Soft Commodities
  • Bonds
Cent account
Yes

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of Deriv and HF Markets

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Overview: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Foundation Year20202010
Regulated in CountriesMalaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, MaltaSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya
Minimum Deposit
  • 1 AUD
  • 1 EUR
  • 1 GBP
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 1 USD
Spreadfrom 0.5 pointsfrom 0 points
Max Leverage1:40001:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • Deriv X
  • cTrader
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
ReviewDeriv ReviewHF Markets Review

Deriv Review

Deriv Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 5Deriv XcTrader

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

  1. Simple and fast account opening process.
  2. A wide variety of account types cater to different trading needs.
  3. Low commission structure.
  4. A wide range of trading platforms.
  5. High-quality technical support with fast and effective responses.

Cons

  1. Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
  2. Educational materials are confined to a blog and lack comprehensive learning resources.

HF Markets Review

HF Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5WebTrader

HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.

HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.

Pros and Cons of HF Markets

Pros

  1. Regulated by reputable financial authorities.
  2. Wide selection of trading assets.
  3. A variety of educational materials and analytical reviews.

Cons

  1. There is no alternative to MetaTrader.
  2. High swaps and wide spreads.

Reliability

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Reliability: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Reliability
4.2/5
5/5
Foundation Year20202010
Regulated in CountriesMalaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, MaltaSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya
Regulators

Deriv

Broker Deriv is relatively reliable, with licenses from various global regulators.

HF Markets

HF Markets is highly regulated and provides dependable services, safeguarding its clients' interests.

Account Opening

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Account Opening: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Account Opening
5/5
5/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 AUD
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN

Deriv

The account opening process at Deriv brokerage is quite simple and fast.

HF Markets

The account opening process at HF Markets is simple and quick, with a user-friendly interface and standard verification.

Account Types

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Account Types: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Account Types
4.5/5
5/5
Trading Accounts
  • MT5 Financial
  • MT5 Derived
  • Deriv X
  • Deriv cTrader
  • Cent
  • Premium
  • Zero
  • Pro
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 AUD
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
Spreadfrom 0.5 pointsfrom 0 points
Max Leverage1:40001:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • Deriv X
  • cTrader
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
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

  1. A sufficiently wide selection of account types.
  2. The ability to trade binary options and multipliers.

Cons

  1. No accounts with fixed spreads.

HF Markets

The broker offers a range of accounts to satisfy the needs of diverse traders.

Pros

  1. A wide selection of account types to suit different requirements.
  2. Specialized accounts, such as Cent and Islamic accounts.
  3. The opportunity to copy trades from successful traders.

Commissions

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Commissions: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Commissions
4.3/5
2/5
Spreadfrom 0.5 pointsfrom 0 points
Average Spread (EURUSD)0.51.5
CommissionNo dataper 1 lot$3.00

Deriv

Deriv's commissions are low.

Pros

  1. No commission for account funding and withdrawal.
  2. Low spreads and swaps on Financial type accounts.

Cons

  1. Fee for account inactivity.

HF Markets

HF Markets' commissions are above average for the market.

Pros

  1. No fees for deposits/withdrawals.

Cons

  1. Spreads are above average
  2. High swaps for long-term trading.
  3. Inactivity fee.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Rating
5/5
5/5
Account Funding Methods
  • FasaPay
  • Skrill
  • Neteller
  • WebMoney
  • PaySafeCard
  • Jeton
  • SticPay
  • Airtm
  • Boleto
  • Paylivre
  • OnlineNaira
  • Beyonic
  • AstroPay
  • 1foryou
  • Volet
  • Swift
  • Visa
  • Mastercard
  • Maestro
  • Diners Club
  • JCB
  • PayTrust88
  • Help2pay
  • DragonPhoenix
  • ZingPay
  • Ngan Luong
  • Trustly
  • Skrill
  • FasaPay
  • BitPay
  • Bank Transfer
  • Visa
  • Mastercard

Deriv

Broker Deriv offers various convenient methods for account funding and withdrawal without commission.

HF Markets

HF Markets provides many deposit and withdrawal methods, making the broker convenient for many traders.

Markets and Products

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Markets and Products: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Markets and Products
3.8/5
4.5/5
Forex5753
Precious Metals116
Energy Carriers22
Indices6311
Stocks5795
ETF3133
Cryptocurrency3140
Soft Commodities-5
Bonds-3

Deriv

A wide range of assets in many segments.

Pros

  1. A large selection of assets for trading.
  2. Ability to trade synthetic indices 24/7.

Cons

  1. Absence of some important asset classes.
  2. Limited number of CFDs on stocks.

HF Markets

HF Markets offers a wide selection of trading assets, though it has a limited choice of stocks.

Trading Platforms

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Trading Platforms: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Rating
5/5
4.5/5
Trading Platforms
  • MetaTrader 5
  • Deriv X
  • cTrader
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader

Deriv

Broker Deriv offers a wide range of trading platforms to meet the needs of traders of different levels.

Pros

  1. A variety of platforms for different types of trading.
  2. The ability to build trading robots without programming knowledge.
  3. Has its own mobile application.

HF Markets

HF Markets offers a wide choice of reliable and functional platforms, making it attractive to traders of various levels.

Analytics

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Analytics: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Rating
3.5/5
5/5

Deriv

Deriv offers robust analytics with practical calculators and insightful market analysis, yet there's room for more real-time data tools.

Pros

  1. Detailed market insights on the Deriv Blog.
  2. Convenient risk management calculators.

Cons

  1. Lack of an economic calendar.
  2. Limited real-time data analytics.

HF Markets

HF Markets offers an impressive set of analytical tools and up-to-date news from experts, facilitating effective trading.

Education

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Education: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Rating
2.5/5
5/5

Deriv

Deriv's educational materials are limited to a blog, which restricts opportunities for comprehensive learning.

HF Markets

HF Markets' educational materials are extensive and in-depth, allowing traders of all levels to improve their skills and strategies.

Customer Support

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Customer Support: comparison of Deriv, HF Markets
BrokerDerivHF Markets
Rating
4/5
4.2/5
Email Support
Hotline Phones
Social Media

Deriv

Technical support at Deriv operates at a high level, providing fast and quality responses.

Pros

  1. Wide selection of communication channels.
  2. Quality and constructive responses.

Cons

  1. No information on the support schedule is available on the website.
  2. Some clients complain about the technical support service.

HF Markets

HF Markets' customer support is efficient, available through various channels, and responds quickly.

Pros

  1. Variety of communication channels (email, phone, online chat).
  2. Quick and professional response.
  3. Positive user feedback.

Cons

  1. Absence of instant messaging for quick communication.
  2. Lack of national phone lines.
  3. Support is limited to working days (24/5).

Comparisons of Deriv and HF Markets with other brokers

Conclusion

When choosing between HF Markets and Deriv, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: Deriv or HF Markets?

HF Markets ranks higher than Deriv in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: Deriv or HF Markets?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — Deriv or HF Markets?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with Deriv and HF Markets?

Deriv: MetaTrader 5, Deriv X, cTrader. HF Markets: MetaTrader 4, MetaTrader 5, WebTrader. See the “Platforms” section for details and selection tips.

What markets can you trade with Deriv and HF Markets?

Deriv: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. HF Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by Deriv and HF Markets?

Deriv: MT5 Financial, MT5 Derived, Deriv X, Deriv cTrader. HF Markets: Cent, Premium, Zero, Pro. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Deriv and HF Markets?

Deriv: FasaPay, Skrill, Neteller, WebMoney, PaySafeCard, Jeton, SticPay, Airtm, Boleto, Paylivre, OnlineNaira, Beyonic, AstroPay, 1foryou, Volet, Swift, Visa, Mastercard, Maestro, Diners Club, JCB, PayTrust88, Help2pay, DragonPhoenix, ZingPay, Ngan Luong, Trustly. HF Markets: Skrill, FasaPay, BitPay, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — Deriv or HF Markets — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.