Two brokers sit at opposite ends of platform breadth and regulatory approach. Deriv emphasizes a broad multi-platform suite and low minimums, while Errante leans on regulated coverage and ECN pricing.
Find out which broker best suits your trader profile.
Choose if…
Choose Deriv if you want a $5 minimum deposit and access to MT5 DXtrade and a proprietary platform. You also benefit from transparent pricing and 24/5 multilingual support.
Choose if…
Choose Errante if you want CySEC regulation with ICF compensation and MT4/MT5 access. You also get phone support and a $50 standard account with competitive ECN pricing on Pro.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.1/ 5 | 3.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.0 / 5 |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Deriv | Errante |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Deriv rates 4.1/5 and Errante rates 3.8/5. Deriv 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.
Errante starts from 0 pips, tighter than Deriv's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Deriv has $5, while Errante requires at least $50. This makes Deriv more accessible for traders with limited starting capital.
Errante holds top-tier regulation (CySEC, FSA Seychelles), 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 both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Deriv lists maximum leverage of 1000:1, while Errante lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Errante charges $3 per lot on commission-based accounts. Commission details for Deriv are not currently available. Check their website for up-to-date pricing.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, while Errante supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5. Deriv has exclusive access to Proprietary Web/Mobile and DXtrade. Errante has exclusive access to MetaTrader 4.
Errante offers tighter spreads from 0.00 pips vs 0.50 pips for Deriv, reducing trading costs.
Errante wins for regulation due to CySEC licensing and ICF compensation.
Deriv wins for active traders with high leverage and broad platform access.
Errante is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Deriv wins for platform choice with MT5, DXtrade, and proprietary options.
Deriv wins for beginners with $5 minimum deposit and simple onboarding.
Deriv wins for instrument variety with synthetic indices and diverse tools.
Fees & Spreads 30% weight | 4.2 / 5 | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.2 / 5▲ | 3.7 / 5 |
|---|
Customer Support 10% weight | 3.9 / 5 | 3.9 / 5 |
|---|
| Founded | 1999 | 2017 |
|---|
| Headquarters | Birkirkara, Malta | Limassol, Cyprus |
|---|
| Min Deposit | $5▼ lower | $50 |
|---|
| Spreads From | 0.5 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $3/lot |
|---|
| N/A | 0.3 pips |
| Max Leverage | 1,000:1 | 30:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPayCrypto | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPayCrypto | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | LFSA MFSA FSC BVI VFSC | CySEC FSA Seychelles |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile DXtrade | MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
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
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
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
Cons
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
No proprietary platform
Limited charting capabilities
Deriv wins on editorial score (4.1 vs 3.8) and offers multiple platforms including proprietary options, whereas Errante has CySEC regulation.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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