Direct Specification Matrix
Deribit vs The5ers
Comprehensive side-by-side comparison of rules, prize structures, and trader experiences. Ratings calculated independently using identical public criteria.
Platform Type
crypto exchange
prop firm
Founded Year
2016
2016
HQ Country
AE
IL
Tradable Markets
crypto, options
forex, indices, commodities, crypto
Competition Formats
volume based, deposit required
free, demo, simulated live_data
Entry Barrier / Cost
$500 deposit required
Free / Demo available
Typical Prize Pools
$50,000 – $1,000,000 USDC
$15,000 – $50,000 USD
Max Leverage
Up to 1:100
Up to 1:30
Regulation Status
VARA (Dubai) Full Market Product License
Proprietary Trading Firm Entity (Israel / UK)
Payout Track Record
VERIFIED
VERIFIED
Decision Summary: Which Should You Choose?
Choose Deribit if:
- • You prioritize crypto, options markets.
- • You prefer volume based, deposit required formats.
- • You have sufficient trading balance to meet deposit requirements.
Choose The5ers if:
- • You trade primarily on forex, indices, commodities, crypto.
- • You value free, demo, simulated live_data structures.
- • You want risk-free demo tournaments.