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Deriv vs AvaTrade vs OANDA

Choose up to four firms. We compare what matters when things go wrong: licences, compensation, legal protections, track record, then platforms and products.

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FirmDerivAvaTradeOANDA
Protection Score 62 74 74
Licence statusEU/EEA licenceEU/EEA licenceEU/EEA licence
European licencesMFSA Central Bank of Ireland FCA MFSA KNF
Other licencesVFSC BVI FSC Labuan FSA ASIC FSA Japan FSCA BVI FSC FSRA (ADGM) CFTC / NFA ASIC CIRO MAS FSA Japan
Compensation via EU/UK/CH entity
MFSA: 90% of the net liability, up to €20,000 per investor
Central Bank of Ireland: 90% of the loss, up to €20,000 per investor
FCA: Up to £85,000 per person per firm for investments
MFSA: 90% of the net liability, up to €20,000 per investor
KNF: 100% up to €3,000, 90% above, with total compensation capped at €20,100 per investor
Negative balance protection (retail)Yes, by law via EU/UK entityYes, by law via EU/UK entityYes, by law via EU/UK entity
Headquarters Malta Ireland United States
Founded199920061996
TypeForex & CFD brokersForex & CFD brokersForex & CFD brokers
Listed / bank———
PlatformsMetaTrader 5, Own platformMetaTrader 4, MetaTrader 5, Own platformOwn platform, MetaTrader 4, MetaTrader 5, TradingView
ProductsForex, CFDsForex, CFDs, OptionsForex, CFDs
FeaturesProfessional accountsCopy / social tradingProfessional accounts
Full profileFull profileFull profile

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