Derivvs
Trade NationForex Broker Comparison
Deriv and Trade Nation face off as two seasoned forex brokers with different platform choices and pricing. The tension centers on regulation quality versus instrument breadth.
Our Verdict
Too close to call
Deriv and Trade Nation are closely matched overall; the clearest differentiator is instrument count, with Deriv offering 200 instruments and Trade Nation 1000.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1MT4/MT5 availability differs: Deriv supports MT4/MT5, Trade Nation does not.
- 2Phone support is available on Trade Nation but not Deriv.
- 3Instrument count favors Trade Nation with 1000 vs Deriv's 200.
Who should choose Deriv vs Trade Nation?
Find out which broker best suits your trader profile.
Choose Deriv if…
Choose Deriv if you want MT4/MT5 support and MFSA licensing for European clients.
Choose Trade Nation if…
Choose Trade Nation if you value FCA/ASIC regulation and 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
Deriv offers tighter spreads from 0.50 pips vs 0.60 pips for Trade Nation, reducing trading costs.
Best for safety & regulation
Recommended
Deriv vs Trade Nation: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.2 / 5▲ |
Deriv vs Trade Nation 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 Trade Nation: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Deriv
criteria win
4
Trade Nation
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Deriv | Trade Nation |
|---|---|---|
| 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 | 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 | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
Deriv vs Trade Nation: Frequently Asked Questions
Deriv and Trade Nation share the same editorial score of 4.1/5. One concrete differentiator: Trade Nation requires a lower minimum deposit.
Deriv starts from 0.5 pips, tighter than Trade Nation's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Trade Nation has no minimum deposit, while Deriv requires at least $5. This makes Trade Nation more accessible for traders with limited starting capital.
Trade Nation holds top-tier regulation (FCA, ASIC), 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: Trade Nation 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 Trade Nation 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.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, while Trade Nation supports Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile. Deriv has exclusive access to MetaTrader 5 and DXtrade. Trade Nation has exclusive access to MetaTrader 4.
