Deriv
OKX
VS
Higher Rated
Deriv
Capital at risk · T&Cs apply
In the competitive landscape of online trading, Deriv and OKX offer distinct experiences tailored to different types of traders. Deriv, with its roots dating back to 1999 and a strong regulatory framework including the FCA and MAS, appeals to those interested in a diverse range of markets such as forex, CFDs, and synthetic indices, with the added benefit of no commissions on most products. Conversely, OKX, established in 2017 and regulated by the FSA, caters primarily to crypto enthusiasts, providing a wide array of digital currency products and innovative features like a built-in Web3 wallet and copy trading. While Deriv's low minimum deposit and variety of unique products are ideal for traders seeking a versatile platform, OKX's focus on cryptocurrency and competitive fees make it attractive for those deeply embedded in the digital asset space.
Deriv
OKX
| Deriv | OKX | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.0/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.5 pips | 0.1 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:100 |
| Regulation | FCA, MAS ✓ | FSA |
| Platforms | MT5, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Deriv is the better choice overall, scoring 3.8/5 vs 3.0/5 on BrokerRank's independent rating. On fees, OKX offers lower spreads (0.1 pips).
See full side-by-side comparison belowDeriv
WinnerOKX
Deriv
OKX
Deriv
3.8/5
Choose Deriv if you want…
OKX
3.0/5
Choose OKX if you want…
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 rating vs OKX's 3.0/5. 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 OKX starts at 0.1 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. OKX requires $0.
Deriv is regulated by FCA, MAS, while OKX holds licences from FSA.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. OKX 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.