Deriv
FxOpen
VS
Higher Rated
Deriv
Capital at risk · T&Cs apply
In the "Deriv vs FxOpen" broker comparison, traders will find distinct differentiators tailored to varying trading preferences. Deriv, with its headquarters in Cyprus and a reputation for unique products like multipliers and accumulators, appeals to traders seeking innovative trading instruments and 24/7 access to synthetic indices. Conversely, FxOpen, based in London, is ideal for traders who value diverse platform options, including cTrader, and those who prefer ECN execution, despite its slightly higher commission structure. Each broker caters to different levels of trading expertise, with Deriv offering a no-commission model and FxOpen providing competitive spreads starting from 0 pips.
Deriv
FxOpen
| Deriv | FxOpen | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.7/5 |
| Min. Deposit | $5 | $1 ✓ |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:500 |
| Regulation | FCA, MAS | FCA, ASIC |
| Platforms | MT5, Proprietary Web, Proprietary Mobile | MT4, MT5, cTrader |
Deriv is the better choice overall, scoring 3.8/5 vs 3.7/5 on BrokerRank's independent rating. On fees, FxOpen offers lower spreads (0 pips).
See full side-by-side comparison belowDeriv
FxOpen
Deriv
FxOpen
Deriv
3.8/5
Choose Deriv if you want…
FxOpen
3.7/5
Choose FxOpen if you want…
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 rating vs FxOpen's 3.7/5. 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 FxOpen starts at 0 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. FxOpen requires $1.
Deriv is regulated by FCA, MAS, while FxOpen holds licences from FCA, ASIC.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. FxOpen supports MT4, MT5, cTrader.
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.