A head-to-head comparison of Deriv and FxPro 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.
Multi-platform broker with FCA and CySEC regulation, offering all four major retail platforms and transparent raw ECN pricing.
FxPro edges ahead with a score of 4.3/5 vs Deriv's 4.1/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Deriv offers tighter spreads from 0.5 pips vs 1.2 pips for FxPro, reducing trading costs.
FxPro has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Both brokers offer equivalent trading costs across spreads, commissions, and account types.
FxPro offers more exclusive platform options: MetaTrader 4, cTrader, a proprietary platform.
FxPro edges out Deriv with a higher editorial score (4.3/5 vs 4.1/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.4 / 5▲ |
Fees & Spreads 30% weight | 4.2 / 5 | 4.4 / 5▲ |
Platforms & Tools 20% weight | 4.2 / 5 | 4.2 / 5 |
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
| Founded | 1999 | 2006 |
| Headquarters | Birkirkara, Malta | London, United Kingdom |
| Min deposit | $5 | $100 |
| Spreads from | 0.5 pips | 1.2 pips |
| Commission / lot | N/A | $7/lot |
| Max leverage | 1000:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | VFSC LFSA FSC BVI MFSA | FCA FSCA CySEC |
| Platforms | MetaTrader 5 Proprietary Web/Mobile DXtrade | MetaTrader 4 MetaTrader 5 cTrader Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Deriv | Visit FxPro |
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
Supports all four major platforms: MT4, MT5, cTrader, and proprietary
Strong FCA and CySEC regulation
No dealing desk execution on raw accounts
Negative balance protection
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
No inactivity fee
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
Customer support can be slow during peak hours
FxPro Edge proprietary platform less feature-rich than MT4
Not available to US residents
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Deriv | FxPro |
|---|---|---|
| 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 | 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 |
Based on our independent editorial scoring, FxPro ranks higher with a score of 4.3/5 vs 4.1/5 for Deriv. The best choice still depends on your individual trading needs; Deriv and FxPro may each suit different trader profiles.
Deriv offers tighter spreads starting from 0.5 pips, compared to FxPro's spreads from 1.2 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 FxPro requires at least $100. This makes Deriv more accessible for traders with limited starting capital.
FxPro holds top-tier regulation (FCA, FSCA, CySEC), 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 FxPro offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
FxPro 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 FxPro offers MetaTrader 4, MetaTrader 5, cTrader, Proprietary Web/Mobile; both support MetaTrader 5, Proprietary Web/Mobile; Deriv exclusively offers DXtrade; FxPro exclusively offers MetaTrader 4, cTrader.
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