Derivvs
TPFxForex Broker Comparison
This comparison pits Deriv against TPFx to see how regulation scope, pricing, and platform choice shape value. Expect differences in minimum deposits, instrument variety, and language and support options.
Our Verdict
Deriv winsby 0.4 pts
Deriv is the editorial winner with a higher overall score. Its MFSA licensing and broader instrument universe contribute to the lead.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Deriv offers around 200 instruments; TPFx around 50.
- 2Raw spreads available on TPFx; Deriv does not.
- 3Deriv provides negative balance protection; TPFx does not.
Who should choose Deriv vs TPFx?
Find out which broker best suits your trader profile.
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 1.50 pips for TPFx, reducing trading costs.
Best for safety & regulation
Recommended
Deriv vs TPFx: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5▲ | 3.7 / 5 |
Deriv vs TPFx 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 TPFx: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Deriv
criteria wins
2
TPFx
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Deriv | TPFx |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| 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 | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Fail |
Deriv vs TPFx: Frequently Asked Questions
The scores are close: Deriv rates 4.1/5 and TPFx rates 3.7/5. 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 TPFx's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Deriv has $5, while TPFx requires at least $60. This makes Deriv more accessible for traders with limited starting capital.
Deriv is regulated by LFSA, FSC BVI. TPFx is regulated by BAPPEBTI, OJK. Confirm a broker's current regulatory status on the relevant regulator's public register before opening an account.
Deriv stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
Deriv lists maximum leverage of 1000:1, while TPFx lists up to 100:1. 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 TPFx supports MetaTrader 5, Proprietary Web/Mobile. Both provide MetaTrader 5 and Proprietary Web/Mobile. Deriv has exclusive access to DXtrade.
