Higher Rated
Deriv
Capital at risk · T&Cs apply
In this broker comparison, we examine Deriv and Firstrade, highlighting their key offerings and target audiences. Deriv, with a rating of 3.77/5, appeals to traders interested in forex, CFDs, and cryptocurrencies, offering unique products like multipliers and accumulators with no commission and a very low minimum deposit. Conversely, Firstrade, rated 3.41/5, caters to stock and index traders, particularly those seeking a zero-commission structure and no minimum deposit, though it lacks forex and CFD markets. Deriv is ideal for traders seeking high leverage and diverse products, while Firstrade suits those prioritising traditional stock and ETF investments with straightforward, cost-effective trading.
Deriv
Firstrade
| Deriv | Firstrade | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| 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 3.4/5 on BrokerRank's independent rating. On fees, Firstrade offers lower spreads (0 pips).
See full side-by-side comparison belowDeriv
Firstrade
WinnerDeriv
Firstrade
Lower feesDeriv
3.8/5
Choose Deriv if you want…
Firstrade
3.4/5
Choose Firstrade if you want…
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 rating vs Firstrade's 3.4/5. 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 Firstrade starts at 0 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. Firstrade requires $0.
Deriv is regulated by FCA, MAS, while Firstrade holds licences from SEC, CFTC.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. Firstrade 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.