Coinbase
Deriv
VS
Higher Rated
Deriv
Capital at risk · T&Cs apply
In the world of online trading, Coinbase and Deriv stand out for their distinct offerings and target audiences. Coinbase, a prominent name in the cryptocurrency market, is particularly appealing to beginners seeking a user-friendly platform with robust regulatory backing, despite its higher fees on the basic platform. In contrast, Deriv caters to more experienced traders looking for diverse trading options, including forex and synthetic indices, with attractive features like low minimum deposits and no commission on most products. While Coinbase is renowned for its trustworthiness and extensive global reach, Deriv offers greater leverage and innovative trading products, making it a preferred choice for those interested in a broader range of assets.
Coinbase
Deriv
| Coinbase | Deriv | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.8/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0.5 pips | 0.5 pips |
| Max Leverage | 1:1 | 1:1000 ✓ |
| Regulation | FCA, SEC | FCA, MAS |
| Platforms | Proprietary Web, Proprietary Mobile | MT5, Proprietary Web, Proprietary Mobile |
Deriv is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Coinbase offers lower spreads (0.5 pips).
See full side-by-side comparison belowCoinbase
Deriv
WinnerCoinbase
Deriv
Lower fees
Coinbase
3.4/5
Choose Coinbase if you want…
Deriv
3.8/5
Choose Deriv if you want…
Deriv scores higher overall on our independent rating system. Coinbase holds a 3.4/5 rating vs Deriv's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Coinbase offers spreads from 0.5 pips, while Deriv starts at 0.5 pips. Check the fees section above for a full breakdown.
Coinbase requires a minimum deposit of $0. Deriv requires $5.
Coinbase is regulated by FCA, SEC, while Deriv holds licences from FCA, MAS.
Coinbase supports Proprietary Web, Proprietary Mobile. Deriv supports MT5, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.