In this head-to-head, Deriv offers crypto CFDs across MT5 and DXtrade, while OKX blends exchange trading with DeFi access. The tension centers on asset depth, fees, and regulation.
OKX edges Deriv on the editorial score, driven by broader asset access and stronger platform tools.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
OKX publishes monthly proofs of reserves and aligns with MiCA pathways.
OKX offers maker fees from 0.08% and no deposit or inactivity fees.
| Criteria | ||
|---|---|---|
| Editorial score | 3.4/ 5 | 4.2/ 5 |
| Min Deposit | $5 | No minimum▼ lower |
| Spreads From | 0.5 pips | N/A |
| Taker Fee | N/A | 0.10% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Deriv | OKX |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Pass |
| Proof of reserves published | Fail | Pass |
| Segregated client funds | Pass | Fail |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Fail | Pass |
| Features | ||
| Staking available | Fail | Pass |
| DeFi integration | Fail | Pass |
| NFT trading | Fail | Pass |
| 500+ coins listed | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Fail |
OKX rates 4.2/5 versus 3.4/5 for Deriv. OKX 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 OKX. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
OKX has no minimum deposit, while Deriv requires at least $5. This makes OKX more accessible for traders looking to start with a smaller crypto investment.
Deriv is regulated by LFSA, FSC BVI. OKX is regulated by MiCA, AUSTRAC. Confirm a exchange's current regulatory status on the relevant regulator's public register before opening an account.
For beginners, OKX 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.
Deriv offers up to 2:1 on perpetual or margin products, versus OKX's 100:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
OKX 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.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, while OKX supports OKX Exchange. Deriv has exclusive access to MetaTrader 5 and Proprietary Web/Mobile and DXtrade. OKX has exclusive access to OKX Exchange.
OKX 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.
OKX 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.
OKX offers staking while Deriv does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check OKX's supported coins, lock-up terms, and estimated yields before committing.
OKX lists 500+ coins while Deriv does not meet this threshold in our data. For traders who want access to many altcoins, OKX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
In our data: OKX has DeFi integration; OKX supports NFT trading. DeFi and NFT features vary between platforms. Check each exchange's current Web3 integrations and supported chains before making a decision.
OKX offers staking and yield-earning options while Deriv does not, making OKX the better choice for holders who want to earn passive income on their crypto.
| N/A |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free (crypto/bank); card ~2% |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPayCrypto | CryptoBank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPayCrypto | CryptoBank transferCredit card |
|---|
| Withdrawal Fee | Free | Network fee only |
|---|
| Regulators | LFSA FSC BVI MFSA VFSC | MiCA AUSTRAC VARA |
|---|
| Cold Storage | No | Yes |
|---|
| Proof of Reserves | No | Yes |
|---|
| Staking | No | Yes |
|---|
| DeFi Integration | No | Yes |
|---|
| NFT Trading | No | Yes |
|---|
| 500+ Coins | No | Yes |
|---|
| P2P Trading | No | Yes |
|---|
| Crypto Earn / Savings | No | Yes |
|---|
| Token Launchpad | No | Yes |
|---|
| Active bonuses | None | 2 offers |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.4 / 5
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