Higher Rated
Deriv
Capital at risk · T&Cs apply
In this broker comparison, we examine Deriv and tastytrade, two platforms catering to distinct trader profiles. Deriv, rated at 3.77/5, is an appealing choice for traders seeking diverse market access with a focus on forex, CFDs, and cryptocurrencies, backed by high leverage and innovative products like multipliers and accumulators. Conversely, tastytrade, with a rating of 3.56/5, is tailored for experienced options traders, offering a robust platform with zero commission on stocks and ETFs and capped options commissions. While Deriv offers flexibility with a low minimum deposit and high leverage, tastytrade excels in options trading education and tools, making it less suitable for beginners or those seeking broader market investment options.
Deriv
tastytrade
| Deriv | tastytrade | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.6/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:2 |
| Regulation | FCA, MAS | SEC, CFTC |
| Platforms | MT5, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Deriv is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, tastytrade offers lower spreads (0 pips).
See full side-by-side comparison belowDeriv
tastytrade
WinnerDeriv
tastytrade
Lower feesDeriv
3.8/5
Choose Deriv if you want…
tastytrade
3.6/5
Choose tastytrade if you want…
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 rating vs tastytrade's 3.6/5. 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 tastytrade starts at 0 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. tastytrade requires $0.
Deriv is regulated by FCA, MAS, while tastytrade holds licences from SEC, CFTC.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. tastytrade 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.