Deriv vs Forex.com Forex Broker Comparison
A head-to-head comparison of Deriv and Forex.com across regulation, trading costs, platforms, and editorial scoring.
Veteran retail broker with MFSA, VFSC, FSC BVI, and LFSA licensing, best known for synthetic indices - volatility-simulated instruments that trade around the clock - alongside a standard forex and CFD offering.
VS
One of very few brokers accepting US retail forex clients, with deep research tools and competitive raw spreads for professional accounts.
Our Verdict
Forex.com winsby 0.1 pts
Forex.com edges ahead with a score of 4.2/5 vs Deriv's 4.1/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Deriv offers tighter spreads from 0.5 pips vs 1 pips for Forex.com, reducing trading costs.
Best for safety & regulation
Recommended
Forex.com has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
It's a tie
Both equally suited
Both brokers offer equivalent trading costs across spreads, commissions, and account types.
Best for platform choice
It's a tie
Both equally suited
Both brokers offer an equivalent platform selection with similar exclusive and proprietary options.
Best for beginners
Recommended
Forex.com edges out Deriv with a higher editorial score (4.2/5 vs 4.1/5), indicating a stronger overall experience for new traders.
Deriv vs Forex.com: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.3 / 5▲ |
Fees & Spreads 30% weight | 4.2 / 5 | 4.2 / 5 |
Platforms & Tools 20% weight | 4.2 / 5▲ | 4.1 / 5 |
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
| Founded | 1999 | 1999 |
| Headquarters | Birkirkara, Malta | Bedminster, New Jersey, USA |
| Min deposit | $5 | $100 |
| Spreads from | 0.5 pips | 1 pips |
| Commission / lot | N/A | $7/lot |
| Max leverage | 1000:1 | 50:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSC BVI VFSC LFSA MFSA | FCA ASIC CFTC MAS NFA IIROC |
| Platforms | MetaTrader 5 Proprietary Web/Mobile DXtrade | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Deriv | Visit Forex.com |
Deriv vs Forex.com Forex Broker Pros & Cons
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
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
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
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
$100 minimum deposit is higher than some peers
US clients restricted to 50:1 leverage on major pairs
Raw account pricing not available in all jurisdictions
Inactivity fee applies
Deriv vs Forex.com: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Deriv
criteria win
5
Forex.com
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Deriv | Forex.com |
|---|---|---|
| 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 | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
Deriv vs Forex.com: Frequently Asked Questions
Based on our independent editorial scoring, Forex.com ranks higher with a score of 4.2/5 vs 4.1/5 for Deriv. The best choice still depends on your individual trading needs; Deriv and Forex.com may each suit different trader profiles.
Deriv offers tighter spreads starting from 0.5 pips, compared to Forex.com's spreads from 1 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Deriv has a lower minimum deposit of $5, while Forex.com requires at least $100. This makes Deriv more accessible for traders with limited starting capital.
Forex.com holds top-tier regulation (FCA, ASIC, CFTC), providing stronger investor protections. Deriv may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: Deriv has a lower minimum deposit ($5), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Deriv offers maximum leverage of 1000:1, while Forex.com offers up to 50:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Forex.com charges $7 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade and Forex.com offers MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile; both support MetaTrader 5, Proprietary Web/Mobile; Deriv exclusively offers DXtrade; Forex.com exclusively offers MetaTrader 4.
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