Deriv which started in 2020 has built a name for itself with easy to use trading platforms which feature binary options, CFDs, and the Forex market. We see it as a great fit for beginner and intermediate traders which are looking for entry into synthetic indices and a wider range of asset classes. Deriv puts out many proprietary platforms which include code free algorithmic trading tools thus broadening access to non technical users. Also they support over 25 payment processors and have a very low minimum deposit which usually sits at $5 which in turn makes them very appealing to traders with small capital Deriv vs Exness vs Quotex.
Deriv stands out in that they offer commission free trading accounts and swap free options which is great for traders looking for a no frills cost effective trade experience. But their trading terms do vary by geography, also their choice of CFDs in particular which ones they have for stocks is rather limited which is a point of note when compared to larger more established brokers. Also they don’t have a lot of in depth educational resources which is a minus for very serious or beginner traders looking for that which isn’t provided. That said Deriv does well in the support department with very responsive customer service which makes it a reliable platform for the average or new trader.
Exness: Professional quality Forex and CFD Broker with very low spreads and high transparency
In 2008 Exness was founded which today has become one of the leading players in the Forex and CFD markets. We are known for our very low trade fees, large liquidity pools, and extremely fast order execution. We present to you a wide array of trading options which include over 100 Forex pairs, CFDs of stocks, indices, commodities and crypto currencies. Also we have what it takes to fit the needs of the more advanced traders that require a wide range of instruments and in depth trading resources.
Exness’ range of account types is wide which in turn caters to beginners and professionals, we also see that they have commission free and commission based account options. Minimum deposit at Exness can go as low as 500. What Exness does very well is turn around time for withdrawals reported by verified traders to be almost instant and without manual approval which is very important for liquidity management.
Exness reports to support major trading platforms which include MetaTrader 4 and 5 also as well as the in house developed Exness Terminal and Exness Trade mobile app. We see that they have a large selection of technical indicators which are in house as well as integration with TradingView charts and also they have a large range of advanced order types which is very appealing to the serious Forex and CFD traders. Also they feature copy trading and social trading which allows less experienced traders to adopt successful trading strategies.
From a regulatory standpoint, Exness is a multi-regulated company in which the likes of the UK, Cyprus, Seychelles and South Africa are represented. This is a strong point which speaks to the security and trust that the company provides. Also Exness does well in terms of transparency which they back up with regular financial audits from the Big 4 accountancy firms. At the same time though Exness falls short in that they don’t have a large enough educational resource for new traders and also their crypto products aren’t as varied as what you will find with some of their competitors.
Quotex: Specialized Binary options Broker with Easy to Use interface and High payouts
Quotex, which started in 2019, is a binary options broker which has grown in popularity due to its easy to use trading platform and very attractive payout rates which at times reach up to 95% on some assets. We also report that they support over 400 assets which include Forex, stocks, indices, commodities as well as a small range of crypto currencies like Bitcoin and Dogecoin. Also they are into short term binary options with expiries from 5 seconds to 4 hours which does in fact play to the strategy of those traders which prefer fast high risk trades.
The trading platform is a web based version which also has a mobile app for both iOS and Android which we designed with simplicity and access in mind. At Quex we offer dynamic charting tools and daily trade signals, we do not support margin trade, copy trade, or automated trade features which places us in a different position than Exness and Deriv.
One issue with Quotex is that they are not very regulated which may put off traders that are worried about fund security and broker accountability. Also the minimum deposit and trade sizes of 1 respectively make it a low barrier to entry but at the same time a bit more expensive in terms of what is required to get started when compared to Deriv or some Exness accounts.
Quotex reports that it has a wide base of traders which are into straight binary options trade in which they have little of no interest in other asset types or in very advanced platform features. While they may not do well with our service what with the lack of regulatory oversight and the fact that we don’t offer diverse trading tools, at the same time our pay out rates are very attractive for the binary options exclusive traders.
Deriv vs Exness vs Quotex broker to choose based on key factors of performance
Comparing Key Factors to Choose the Right Broker in 2025
Feature | Deriv | Exness | Quotex |
Founded | 2020 | 2008 | 2019 |
Regulation | Multiple lower-tier regulators | Multiple respected jurisdictions including FCA, CySEC | Unregulated |
Account Types | Commission-free, swap-free | Commission-free/commission-based, Islamic | Binary options only |
Minimum Deposit | $5 | $1 (varies by account) | $10 |
Trading Assets | Forex, synthetic indices, CFDs (limited stocks) | 100+ Forex, CFDs on stocks, commodities, cryptos | 400+ binary options assets |
Platforms | Proprietary, web-based with algorithmic trading | MetaTrader 4/5, proprietary Exness Terminal and apps | Web and mobile app |
Leverage | Up to 1:4000 | Up to 1:2000 | No leverage (binary options) |
Withdrawal Speed | Good, occasional crypto delays | Instant to near-instant for verified users | Standard, slower vs Exness |
Education | Basic blog content | Limited beginner education | Minimal |
Customer Support | Responsive | 24/7 multi-lingual | Basic support |
Best For | Beginners, binary and basic CFD traders | Serious Forex and CFD traders | Binary options enthusiasts |
Final Thoughts: In 2025 which Broker Does It For You?
If for you the issue is that you want low entry barriers, easy to use platforms and in binary options trading that’s the case then we see that Deriv and Quotex both put forward very good options. Deriv puts to the fore more asset variety and flexibility in trading which is their plus point, Quotex on the other hand is all in on binary options and they deliver very high payout ratios.
For professional Forex and CFD traders that require low spreads, large liquidity, fast execution, and which are into regulated security Exness is the stand out leader with their mature platform solutions, many account options, and strong regulatory compliance.
Traders which are after advanced trading tools, high leverage, and social trading features will see that Exness is the best option for them, but for the new traders or those that prefer a simpler binary options platform we recommend Deriv or Quotex.
In 2025 each broker will cater to different trader priorities so choose one that fits your choice of instruments, risk tolerance, regulatory comfort, and trading skill.