Deriv vs Questrade 2026: Which Broker is Better?
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 | 4.0/5 ✓ | 3.3/5 |
| Min. Deposit | $5 | $1000 ✓ |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:3 |
| Regulation | MFSA, Labuan FSA, BVI FSC ✓ | CIRO |
| Platforms | MT5, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Deriv is the better choice overall, scoring 4.0/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Questrade offers lower spreads (0 pips).
See full side-by-side comparison belowDeriv vs Questrade: Key Differences
Deriv
WinnerQuestrade
Fees Comparison
Deriv
Questrade
Regulation & Trust
Deriv holds licences from FCA, MAS. Questrade is regulated by SEC.
Markets & Assets
Both brokers offer access to Forex, Indices, Commodities markets. Deriv additionally covers Cfd, Crypto. Questrade adds Stocks.
Fees & Spreads
On spreads, Questrade is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at Deriv.
Trading Platforms
Deriv supports MT5, Proprietary Web, Proprietary Mobile. Questrade offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
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.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Deriv
4.0/5
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)
Questrade
3.3/5
Choose Questrade if you want…
- Tighter spreads (from 0 pips)
Also consider
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.
Frequently Asked Questions
1Is Deriv better than Questrade?
Deriv scores higher overall on our independent rating system. Deriv holds a 4.0/5 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.
2Which has lower fees, Deriv or Questrade?
Deriv offers spreads from 0.5 pips, while Questrade starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Deriv vs Questrade?
Deriv requires a minimum deposit of $5. Questrade requires $1000.
4Which broker is safer, Deriv or Questrade?
Deriv is regulated by MFSA, Labuan FSA, BVI FSC, VFSC, CIMA, FSC, CMA, while Questrade holds licences from CIRO.
5What trading platforms do Deriv and Questrade support?
Deriv supports MT5, Proprietary Web, Proprietary Mobile. Questrade supports Proprietary Web, Proprietary Mobile.
6Can I use both Deriv and Questrade?
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.
Higher Rated
Deriv
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