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Side-by-Side Comparison Independent Updated Mar 9, 2026

Deriv vs FP Markets 2026: Which Broker is Better?

In the "Deriv vs FP Markets" broker comparison, the key difference lies in their target clientele and trading conditions. Deriv, with its very low minimum deposit and unique products like multipliers, appeals to traders looking for innovative trading options and 24/7 market access, particularly in synthetic indices. Conversely, FP Markets offers competitive spreads from 0 pips on its Raw account and supports the popular TradingView platform, making it more suitable for experienced traders who prioritise tight spreads and advanced charting tools. Both brokers are well-regulated, ensuring a secure trading environment, but they cater to different trading preferences and experience levels.

Deriv

FP Markets

Higher ratedDeriv logo

Deriv

4.0/ 5
Visit Deriv →Full review
VS
DerivFP Markets
BrokerRank Score4.0/5 ✓3.8/5
Min. Deposit$5$100 ✓
Spread from0.5 pips0 pips ✓
Max Leverage1:1000 ✓1:500
RegulationMFSA, Labuan FSA, BVI FSC ✓ASIC, CySEC
PlatformsMT5, Proprietary Web, Proprietary MobileMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
FP MarketsDeriv
Best for Low Fees
FP MarketsDeriv
Best for Regulation
DerivFP Markets
Best Overall
DerivFP Markets
Quick Answer

Deriv is the better choice overall, scoring 4.0/5 vs 3.8/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

Deriv vs FP Markets: Key Differences

Feature

Deriv

Winner

FP Markets

Our Rating
4.0 / 5
3.8 / 5
Min. Deposit
$5
$100
Max Leverage
Spread From
0.5 pips
0 pips
Commission
None
$3/lot
Regulated By
MFSALabuan FSABVI FSCVFSCCIMAFSCCMA
Platforms
MT5, Proprietary Web, Proprietary Mobile
MT4, MT5, TradingView, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
1999
2005
Headquarters
Limassol, Cyprus
Sydney, Australia
Score
3 / 5
2 / 5

Fees Comparison

Fee

Deriv

FP Markets

Spread From
0.5 pips
0 pips
Commission
None
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Deriv is the more suitable option due to its very low minimum deposit of $5 and zero commission on most products, making it accessible for those just starting. Professional traders may prefer FP Markets, which offers spreads from 0.0 pips on its Raw account and supports advanced platforms like TradingView, appealing to those with more experience. In terms of fees, Deriv edges out with its no-commission structure on most products and competitive spreads starting from 0.5 pips.

Who Should Choose Which?

Deriv

Deriv

4.0/5

Top pick

Choose Deriv if you want…

  • Higher overall rating (4.0/5)
  • No per-trade commission
  • Lower minimum deposit ($5)
  • Higher leverage (up to 1:1000)
FP Markets

FP Markets

3.8/5

Choose FP Markets if you want…

  • Tighter spreads (from 0 pips)
  • More market types (6)
  • More platforms (4 supported)

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both Deriv & FP Markets are available in

Frequently Asked Questions

1

Is Deriv better than FP Markets?

Deriv scores higher overall on our independent rating system. Deriv holds a 4.0/5 rating vs FP Markets's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Deriv or FP Markets?

Deriv offers spreads from 0.5 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Deriv vs FP Markets?

Deriv requires a minimum deposit of $5. FP Markets requires $100.

4

Which broker is safer, Deriv or FP Markets?

Deriv is regulated by MFSA, Labuan FSA, BVI FSC, VFSC, CIMA, FSC, CMA, while FP Markets holds licences from ASIC, CySEC.

5

What trading platforms do Deriv and FP Markets support?

Deriv supports MT5, Proprietary Web, Proprietary Mobile. FP Markets supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both Deriv and FP Markets?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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