Deriv
Charles Schwab
VS
Higher Rated
Deriv
Capital at risk · T&Cs apply
Choosing between Deriv and Charles Schwab depends on your trading style, preferred markets, and budget. Deriv is headquartered in Limassol, Cyprus, while Charles Schwab operates from Westlake, USA. Charles Schwab has the longer track record, established in 1971, compared to Deriv which was founded in 1999. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Deriv
Charles Schwab
| Deriv | Charles Schwab | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.6/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:2 |
| Regulation | FCA, MAS | SEC, CFTC |
| Platforms | MT5, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Deriv is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Charles Schwab offers lower spreads (0 pips).
See full side-by-side comparison belowDeriv
Charles Schwab
WinnerDeriv
Charles Schwab
Lower feesDeriv holds licences from FCA, MAS. Charles Schwab is regulated by SEC, CFTC.
Both brokers offer access to Forex, Indices, Commodities markets. Deriv additionally covers Cfd, Crypto. Charles Schwab adds Stocks.
On spreads, Charles Schwab is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at Deriv.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. Charles Schwab offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Deriv requires a minimum deposit of $5, while Charles Schwab sets no minimum deposit. This makes Charles Schwab accessible to traders with any budget.
BrokerRank scores Deriv at 3.77/5 and Charles Schwab at 3.56/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Deriv leads overall with a clear advantage.
Deriv
3.8/5
Choose Deriv if you want…
Charles Schwab
3.6/5
Choose Charles Schwab if you want…
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 rating vs Charles Schwab's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Deriv offers spreads from 0.5 pips, while Charles Schwab starts at 0 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. Charles Schwab requires $0.
Deriv is regulated by FCA, MAS, while Charles Schwab holds licences from SEC, CFTC.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. Charles Schwab supports 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.