Side-by-side
Deriv vs FxPro
Deriv vs FxPro — Direct comparison across cost, regulation, leverage, platforms and operating history.
Tracked byBrokerlist Editorial · Independent review teamUpdated
In short. Choose Deriv if you trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product category. Choose FxPro if you are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one broker.
Deriv vs FxPro comparison: fees, licences, platforms
Verdict at a glance
Deriv leads
- Deriv
- ahead on 3 dimensions
- FxPro
- ahead on 2 dimensions
Cost per lot
Deriv: $7.00/lot, FxPro: $10.00/lot. Lower at Deriv.
Minimum deposit
Deriv: $5, FxPro: $100. Smaller minimum at Deriv.
Maximum leverage
Deriv: 1:1000, FxPro: 1:500. Higher leverage at Deriv.
Regulator and licence
Deriv: BVI, MFSA, FxPro: FCA, CySEC, SCB, FSCA. Stronger licensing at FxPro.
Trading platforms
Deriv: MetaTrader 5, Deriv X, FxPro: MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge. Wider platform choice at FxPro.
Pros and cons
Deriv
Pros
- ✓$5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020)
- ✓MFSA-licensed Malta entity gives EU retail clients tier-1 MiFID investor protection
Cons
- ✕Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill
- ✕Offshore entities (Labuan, Vanuatu, BVI) carry light regulatory oversight; not available in 17 jurisdictions including Canada, Israel, Singapore, UAE, OFAC-sanctioned countries
- ✕Broker publishes "from" spreads only — realised typical is not disclosed on trading pages
- ✕Inactivity fee up to $25 / €25 / £25 after 12 months, then every 6 months
FxPro
Pros
- ✓Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history
- ✓cTrader / Raw: ~0.3 typical spread + $7 round-turn ≈ $10/lot — transparent ECN pricing
Cons
- ✕MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing
- ✕FCA entity only for UK clients; non-UK retail routes to CySEC or offshore SCB
- ✕Inactivity fee $15/month after 6 months of inactivity
- ✕Does not accept US, Iran, or Canada residents (broker states other restrictions exist but does not enumerate)
Who should choose which
Choose Deriv if:
- ✓You trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product category
- ✓You have $5 to start and want an EU-grade (MFSA Malta) MiFID entity at entry level
- ✓You want Deriv P2P for local-currency funding via agents and other traders
- ✓You value 25+ years of operating history (originated 1999 as Binary.com, rebranded 2020)
- ✓You fund via crypto (BTC, ETH, USDT) and want it credited to a fiat trading balance
Choose FxPro if:
- ✓You are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one broker
- ✓You day-trade or scalp and open a cTrader or Raw Spread account — ~$10/lot round-turn is competitive with ECN-focused peers
- ✓You want native-currency settlement in CHF, PLN, AUD, or ZAR — the widest fiat-wallet range in our list
- ✓You have $100+ to start and value operating history (20 years, publicly-listed parent)
- ✓You want crypto funding (BTC, ETH, USDT) alongside cards and bank transfers
We may earn a commission if you open an account — it never affects our ranking or scores. How we’re paid.
Frequently asked
Which is better — Deriv or FxPro?+
Across our 5 dimensions: Deriv leads in 3, FxPro in 2, ties: 0. Overall verdict: Deriv. Full breakdown below.
Which broker has lower fees?+
Cost-per-lot in our calculation: Deriv — $7.00, FxPro — $10.00. Lower at Deriv.
Which is better for beginners?+
Minimum deposit: Deriv — $5, FxPro — $100. Easier onboarding at Deriv.
What trading platforms do they offer?+
Deriv: MetaTrader 5, Deriv X. FxPro: MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge.
Who regulates each broker?+
Deriv: BVI, MFSA. FxPro: FCA, CySEC, SCB, FSCA.