Derivvs
Interactive BrokersForex Broker Comparison
Two globally active brokers clash over regulation, pricing, and platform depth. The matchup pits Deriv’s multi-platform bundle against Interactive Brokers’ broad market access and advanced tools.
Our Verdict
Interactive Brokers winsby 0.5 pts
Interactive Brokers edges Deriv on the editorial score and regulator quality. It also offers far more instruments, reflecting broader market access.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Deriv offers 24/5 live chat; Interactive Brokers does not.
- 2Interactive Brokers provides phone support; Deriv has no phone support.
- 3IB offers 17,000 instruments vs Deriv 200.
Who should choose Deriv vs Interactive Brokers?
Find out which broker best suits your trader profile.
Choose Deriv if…
Choose Deriv if you value 24/5 live chat support.
Choose Interactive Brokers if…
Choose Deriv if you want MT4/MT5 compatibility. Choose Interactive Brokers if you want phone support. Choose Interactive Brokers if you need access to 17,000 instruments.
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
Interactive Brokers offers tighter spreads from 0.20 pips vs 0.50 pips for Deriv, reducing trading costs.
Best for safety & regulation
Recommended
Deriv vs Interactive Brokers: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.8 / 5▲ |
Deriv vs Interactive Brokers 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 Interactive Brokers: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Deriv
criteria wins
5
Interactive Brokers
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Deriv | Interactive Brokers |
|---|---|---|
| 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 | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
Deriv vs Interactive Brokers: Frequently Asked Questions
Interactive Brokers rates 4.6/5 versus 4.1/5 for Deriv. Interactive Brokers edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Interactive Brokers starts from 0.2 pips, tighter than Deriv's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Interactive Brokers has no minimum deposit, while Deriv requires at least $5. This makes Interactive Brokers more accessible for traders with limited starting capital.
Interactive Brokers holds top-tier regulation (FCA, ASIC, JFSA), 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: Interactive Brokers 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.
Deriv lists maximum leverage of 1000:1, while Interactive Brokers lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Interactive Brokers charges $2 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 Interactive Brokers supports Trader Workstation (TWS), Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. Deriv has exclusive access to MetaTrader 5 and DXtrade. Interactive Brokers has exclusive access to Trader Workstation (TWS).
