Derivvs
Plus500Forex Broker Comparison
In this comparison, Deriv and Plus500 face off over regulation, costs, and platforms. The tension hinges on licensing strength versus product breadth.
Our Verdict
Too close to call0.1 pts apart
Deriv and Plus500 are closely matched, but Plus500's top-tier regulation distinguishes it.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Plus500 is regulated by FCA/ASIC/CySEC, while Deriv uses MFSA/VFSC/FSC BVI.
- 2Plus500 offers compensation scheme coverage; Deriv does not.
- 3Plus500 provides 2000 instruments versus Deriv's 200.
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 0.50 pips vs 0.60 pips for Plus500, reducing trading costs.
Best for safety & regulation
Recommended
Deriv vs Plus500: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.2 / 5▲ |
Deriv vs Plus500 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 Plus500: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Deriv
criteria wins
2
Plus500
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Deriv | Plus500 |
|---|---|---|
| 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 | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Fail |
| Multilingual support | Pass | Pass |
Deriv vs Plus500: Frequently Asked Questions
The scores are close: Deriv rates 4.1/5 and Plus500 rates 4/5. 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.
Deriv starts from 0.5 pips, tighter than Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Deriv has $5, while Plus500 requires at least $100. This makes Deriv more accessible for traders with limited starting capital.
Plus500 holds top-tier regulation (FCA, ASIC, MAS), 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 Plus500 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.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, while Plus500 supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. Deriv has exclusive access to MetaTrader 5 and DXtrade.
