Derivvs
FP MarketsForex Broker Comparison
In this comparison, Deriv and FP Markets battle over regulation, pricing, and platform choice. The gap in instrument access shapes the decision for active traders.
Our Verdict
FP Markets winsby 0.4 pts
FP Markets wins on editorial score with 4.5/5 versus Deriv 4.1/5, thanks to stronger regulation and broader platform options.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FP Markets offers 10,000 instruments vs Deriv's 200
- 2Raw spreads available at FP Markets; Deriv has no raw spread option
- 3FP Markets is regulated by ASIC and CySEC; Deriv lacks this top-tier regulation
Who should choose Deriv vs FP Markets?
Find out which broker best suits your trader profile.
Choose Deriv if…
Choose Deriv if you want a very low $5 minimum deposit and access a proprietary trading platform. Deriv also offers leverage up to 1000:1 for high leverage traders.
Choose FP Markets if…
Choose FP Markets for true ECN pricing from 0.0 pips plus a $6 round-turn commission. FP Markets also provides MT4/MT5 and cTrader plus phone support.
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
FP Markets offers tighter spreads from 0.00 pips vs 0.50 pips for Deriv, reducing trading costs.
Best for safety & regulation
Recommended
Deriv vs FP Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.6 / 5▲ |
Deriv vs FP Markets 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
Deriv vs FP Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Deriv
criteria win
5
FP Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Deriv | FP Markets |
|---|---|---|
| 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 | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
Deriv vs FP Markets: Frequently Asked Questions
The scores are close: Deriv rates 4.1/5 and FP Markets rates 4.5/5. FP 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.
FP Markets 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 FP Markets requires at least $100. This makes Deriv more accessible for traders with limited starting capital.
FP Markets holds top-tier regulation (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 both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Deriv lists maximum leverage of 1000:1, while FP Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FP Markets charges $6 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 FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 5. Deriv has exclusive access to Proprietary Web/Mobile and DXtrade. FP Markets has exclusive access to cTrader and IRESS and TradingView and MetaTrader 4.
