Two brokers compete on safety and platform breadth. The axis of tension centers on regulation strength, compensation protection, and platform flexibility.
CMC Markets edges Deriv on editorial score due to stronger regulation and investor compensation coverage.
Find out which broker best suits your trader profile.
Choose CMC Markets if…
Choose CMC Markets if you want top-tier regulation and investor protection, plus broad access to about 12,000 instruments.
Choose Deriv if…
Choose Deriv if you want a low entry with $5 minimum and a wide platform suite including MT5, Deriv X, and DTrader.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Deriv offers tighter spreads from 0.50 pips vs 0.70 pips for CMC Markets, reducing trading costs.
| Editorial score | 4.5/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.0 / 5 |
Pros
FCA-regulated, LSE-listed
Excellent proprietary platform
MT4 also available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | CMC Markets | Deriv |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
The scores are close: CMC Markets rates 4.5/5 and Deriv rates 4.1/5. CMC Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Deriv starts from 0.5 pips, tighter than CMC Markets's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
CMC Markets has no minimum deposit, while Deriv requires at least $5. This makes CMC Markets more accessible for traders with limited starting capital.
CMC Markets holds top-tier regulation (FCA, ASIC, DFSA), 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: CMC Markets has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
CMC Markets lists maximum leverage of 30:1, while Deriv lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4, while Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade. Both provide Proprietary Web/Mobile. CMC Markets has exclusive access to ProRealTime and MetaTrader 4. Deriv has exclusive access to MetaTrader 5 and DXtrade.
CMC Markets offers strong regulation with investor protection.
Deriv serves active traders with 24/7 synthetic indices.
Deriv is better suited for scalpers: tighter spreads from 0.50 pips.
Deriv dominates platform choice with MT5, DXtrade, Deriv X.
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 4.2 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
| Founded | 1989 | 1999 |
|---|
| Headquarters | London, United Kingdom | Birkirkara, Malta |
|---|
| Min Deposit | No minimum▼ lower | $5 |
|---|
| Spreads From | 0.7 pips | 0.5 pips▼ lower |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 30:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | £10/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNetellerFasaPayCrypto |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrillNetellerFasaPayCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC DFSA FMA BaFin | LFSA FSC BVI MFSA VFSC |
|---|
| Platforms | ProRealTime Proprietary Web/Mobile MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile DXtrade |
|---|
| Active bonuses |
|---|
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Synthetic indices trade 24/7, unique offering unavailable at mainstream brokers
Very low $5 minimum deposit
Multi-platform: DTrader, MT5, Deriv X, SmartTrader
MFSA (Malta/EU) licensing for European clients
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Cons
Inactivity fee after 12 months
No raw spread account option
Cons
Synthetic indices are proprietary instruments, not conventional regulated assets
Regulatory quality varies significantly by entity (MFSA vs VFSC/FSC BVI)
Customer support can be slow during peak periods
No top-tier regulatory licence
No investor compensation scheme
No raw spread account option
Limited charting capabilities
No phone support
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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