BingXvs
DerivCrypto Exchange Comparison
This comparison pits a VARA-regulated native exchange against a CFD-focused platform. The axis of tension centers on security, asset depth, and Web3 capabilities.
Who should choose BingX vs Deriv?
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose BingX if you want a native exchange with 700+ assets and monthly Proof of Reserves.
Choose if…
Choose Deriv if you want crypto CFDs via MT5 and DXtrade with 24/7 synthetic indices.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
Recommended
BingX vs Deriv: Side-by-Side Crypto Exchange Comparison
| Criteria |  BingX |  Deriv |
|---|---|---|
| Editorial score | 3.9/ 5 | 3.4/ 5 |
| Min Deposit | No minimum▼ lower | $5 |
| Spreads From | N/A | 0.5 pips |
| Taker Fee | 0.10% | N/A |
BingX vs Deriv Crypto Exchange Pros & Cons
Pros
- Copy trading on both spot and perpetual futures with full strategy transparency
- VARA-regulated (Dubai) with monthly Proof of Reserves
- 700+ listed assets with grid trading and DCA bots included
- Competitive futures fees: 0.02% maker / 0.05% taker
- No deposit fees
- No inactivity fee
BingX vs Deriv: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
5
BingX
criteria wins
1
Deriv
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | BingX | Deriv |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Fail |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Fail |
BingX vs Deriv: Frequently Asked Questions
BingX rates 3.9/5 versus 3.4/5 for Deriv. BingX edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
Deriv lists a spread from 0.5. Current spread data is not available for BingX. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
BingX has no minimum deposit, while Deriv requires at least $5. This makes BingX more accessible for traders looking to start with a smaller crypto investment.
BingX is regulated by VARA. Deriv is regulated by LFSA, MFSA. Confirm a exchange's current regulatory status on the relevant regulator's public register before opening an account.
For beginners, BingX has no minimum deposit, removing the capital barrier entirely. Both exchanges otherwise share similar beginner-facing criteria in our data. Also compare demo account availability and educational resources on each exchanges's site.
BingX offers up to 150:1 on perpetual or margin products, versus Deriv's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
BingX charges $0.1 per trade on commission-based accounts. Commission details for Deriv are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while Deriv supports Proprietary Web/Mobile, DXtrade, MetaTrader 5. Both provide Proprietary Web/Mobile. Deriv has exclusive access to DXtrade and MetaTrader 5.
BingX scores higher on security criteria, with cold storage and proof of reserves. For crypto, cold storage and proof of reserves are key indicators that client assets are protected against exchange failure or hacks.
BingX scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
BingX lists 500+ coins while Deriv does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
