Derivvs
IC MarketsCrypto Exchange Comparison
Deriv and IC Markets sit at opposite ends of the crypto CFD spectrum, trading off regulatory reach and platform depth. This matchup weighs fee clarity and the breadth of coins.
Our Verdict
IC Markets winsClear Winner
IC Markets edges Deriv on overall score thanks to stronger regulation, clearer pricing, and broader platform support.
IC Markets
4.1/5
Deriv
3.4/5
Key Differences
- 1IC Markets operates under ASIC and CySEC with client fund protections.
- 2IC Markets offers 20+ crypto CFDs versus Deriv's 5.
- 3Deriv provides a proprietary platform, IC Markets does not.
Who should choose Deriv vs IC Markets?
Find out which crypto exchange best suits your trading profile.
Choose Deriv if…
Choose Deriv if you want a very low minimum deposit and crypto CFDs via MT5 and DXtrade. You also gain a proprietary web and mobile platform with flexible order types.
Choose IC Markets if…
Choose IC Markets if you value strong regulation and clear pricing with 20+ crypto CFDs. You also access MT4, MT5, cTrader, and TradingView from a single account.
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
IC Markets wins for security thanks to ASIC and CySEC oversight.
Best for low fees
Recommended
Deriv vs IC Markets: Side-by-Side Crypto Exchange Comparison
| Criteria |  Deriv |  IC Markets |
|---|---|---|
| Editorial score | 3.4/ 5 | 4.1/ 5 |
| Min Deposit | $5▼ lower | $200 |
| Spreads From | 0.5 pips | 0 pips▼ lower |
| Taker Fee | N/A | 7.00% |
Deriv vs IC Markets Crypto Exchange Pros & Cons
Pros
- Very low minimum deposit ($5), accessible entry to crypto CFDs
- DTrader and MT5 platforms with flexible order types
- 24/7 trading on synthetic indices alongside crypto
Cons
- Regulated primarily by VFSC (Vanuatu), offshore jurisdiction
- Crypto CFD selection is limited vs dedicated exchanges
Deriv vs IC Markets: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
0
Deriv
criteria wins
4
IC Markets
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | Deriv | IC Markets |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Fail | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
Deriv vs IC Markets: Frequently Asked Questions
IC Markets rates 4.1/5 versus 3.4/5 for Deriv. IC Markets edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
IC Markets lists a lower spread from 0, compared with Deriv's 0.5. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
Deriv has $5, while IC Markets requires at least $200. This makes Deriv more accessible for traders looking to start with a smaller crypto investment.
IC Markets holds top-tier regulation (FSCA, ASIC, CySEC), providing stronger investor protections. Deriv may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: Deriv requires a lower minimum deposit ($5), lowering the barrier to entry, and IC Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
Deriv offers up to 2:1 on perpetual or margin products, versus IC Markets'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.
IC Markets charges $7 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.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, while IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 5. Deriv has exclusive access to Proprietary Web/Mobile and DXtrade. IC Markets has exclusive access to cTrader and TradingView and MetaTrader 4.
IC Markets 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.
