eToro UK vs. Deriv: Expert Recommendations & Trading Insights

TU experts recommend eToro as a regulated social trading and investment platform, offering a variety of assets like stocks, commodities, cryptos, currencies, and more. With availability on desktop and mobile devices, eToro is a reliable and convenient choice for traders on the go. It provides a great platform, low fees, and a diverse range of trading options. Another company worthy of your attention, according to Traders Union, is Deriv. In their review, experts have examined its characteristics, advantages, and provided a detailed guide on how to log into your Deriv trading account.

General information about eToro UK

When choosing a forex broker in the UK, it is essential to comprehend the crucial trading features. Below, analysts at TU have listed some key features of eToro UK for your convenience:

• Account currency: USD
• Minimum deposit: $10
• Leverage: 30:1
• Spread: From 0.1 pips
• Instruments: currencies, stocks, commodities, and cryptocurrencies
• Margin Call / Stop Out: n/a

Pros and cons

In the UK, each broker presents its own advantages and disadvantages. It is vital to carefully consider these aspects to determine if the broker aligns with your trading style and requirements.

Pros:

• Regulated by independent authorities;
• Stock and ETF trading are commission-free;
• Social trading features for passive investing;
• Enables investment in the US stock market;
• Mobile trading platform available.

Cons:

• No MetaTrader platforms offered;
• Withdrawal fees apply.

Is eToro UK a good broker?

eToro is a favorable choice for UK investors due to its social investing community, demo account, low minimum deposit, and leverage up to x30. It holds regulation from CySEC, FCA, and ASIC, with eToro UK being registered with the Financial Conduct Authority. The broker prioritizes security, offering features to safeguard your account. For a secure and dependable option, eToro stands as an excellent broker.

What does the broker Deriv represent?

Deriv, established in 1999, is a brokerage company committed to making trading accessible to all. By offering low minimum deposit requirements and maintaining high-quality working conditions, Deriv strives to create a trader-friendly environment. The broker provides multiple proprietary trading platforms, including DTrader, DBot, and DMT5, each designed to cater to different trading preferences. Clients of Deriv can engage in trading various assets, such as Forex, stocks, indices (including synthetic ones), CFDs, commodities, and options.

Regarding account options, Deriv offers the flexibility to trade with both fiat currencies and cryptocurrencies. The minimum deposit varies based on the chosen deposit method, ranging from USD 0 to 10. Traders can access leverage of up to 1:1000, with multipliers available for enhanced trading opportunities. Spreads can be fixed or floating, depending on the instrument.

Logging into Deriv through the PC

To access your Deriv account on a PC, visit www.deriv.com login and follow these tips from Traders Union analysts:

• Step 1: Go to the Deriv website.
• Step 2: In the top right corner, click “Login”.
• Step 3: Enter your email address and password accurately.
• Step 4: Click “Login” to access your Deriv trading account and manage your trades and account details.

Logging in through the Deriv App

To log in via the Deriv app, follow these steps:

• Step 1: Download and Install the Deriv App from Google Play Store or the App Store.
• Step 2: Launch the App by tapping the Deriv app icon.
• Step 3: Fill in your login details (email address and password).
• Step 4: Sign In by tapping the “Login” button to access your Deriv account.

Conclusion

TU analysts highly recommend eToro as a regulated social trading and investment platform, offering a wide range of assets and a user-friendly experience. With availability on desktop and mobile devices, eToro is a reliable and convenient choice for traders. Another recommended company by experts is Deriv. Traders Union analysts have examined its trading capabilities. Additionally, the article provides a comprehensive guide to log into your Deriv trading account on both PC and the Deriv app, addressing potential login issues.

Disclaimer: The content of this partner post is provided by Traders Union. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.