Deriv
Nexo
VS
Higher Rated
Deriv
Capital at risk · T&Cs apply
Choosing between Deriv and Nexo depends on your trading style, preferred markets, and budget. Deriv is headquartered in Limassol, Cyprus, while Nexo operates from London, UK. Deriv has the longer track record, established in 1999, compared to Nexo which was founded in 2018. 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
Nexo
Deriv is the better choice overall, scoring 3.8/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Nexo offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Deriv
3.8 vs 3.2
Lowest Fees
Nexo
0.5 vs 0 pips
Regulation
Deriv
2 vs 1 licences
Min. Deposit
Nexo
$5 vs $0
Deriv
WinnerNexo
Deriv
Nexo
Deriv holds licences from FCA, MAS. Nexo is regulated by FCA.
Both brokers offer access to Crypto markets. Deriv additionally covers Forex, Cfd, Indices, Commodities.
On spreads, Nexo 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. Nexo offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Deriv requires a minimum deposit of $5, while Nexo sets no minimum deposit. This makes Nexo accessible to traders with any budget.
BrokerRank scores Deriv at 3.77/5 and Nexo at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Deriv leads overall with a clear advantage.
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 rating vs Nexo's 3.2/5. 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 Nexo starts at 0 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. Nexo requires $0.
Deriv is regulated by FCA, MAS, while Nexo holds licences from FCA.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. Nexo 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.