Deriv
Questrade
VS
Higher Rated
Deriv
Capital at risk · T&Cs apply
Choosing between Deriv and Questrade depends on your trading style, preferred markets, and budget. Deriv is headquartered in Limassol, Cyprus, while Questrade operates from Toronto, Canada. Deriv has the longer track record, established in 1999, compared to Questrade which was founded in 1999. 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
Questrade
| Deriv | Questrade | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.3/5 |
| Min. Deposit | $5 | $1000 ✓ |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:3 |
| Regulation | FCA, MAS ✓ | SEC |
| Platforms | MT5, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Deriv is the better choice overall, scoring 3.8/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Questrade offers lower spreads (0 pips).
See full side-by-side comparison belowDeriv
WinnerQuestrade
Deriv
Questrade
Deriv holds licences from FCA, MAS. Questrade is regulated by SEC.
Both brokers offer access to Forex, Indices, Commodities markets. Deriv additionally covers Cfd, Crypto. Questrade adds Stocks.
On spreads, Questrade 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. Questrade offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Deriv requires a minimum deposit of $5, while Questrade sets a minimum deposit of $1,000. Both are suitable for traders with moderate starting capital.
BrokerRank scores Deriv at 3.77/5 and Questrade at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Deriv leads overall with a clear advantage.
Deriv
3.8/5
Choose Deriv if you want…
Questrade
3.3/5
Choose Questrade if you want…
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 rating vs Questrade's 3.3/5. 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 Questrade starts at 0 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. Questrade requires $1000.
Deriv is regulated by FCA, MAS, while Questrade holds licences from SEC.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. Questrade 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.