Choosing between ThinkMarkets and Deriv depends on your trading style, preferred markets, and budget. ThinkMarkets is headquartered in London, UK, while Deriv operates from Limassol, Cyprus. Deriv has the longer track record, established in 1999, compared to ThinkMarkets which was founded in 2010. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
ThinkMarkets
Deriv
| ThinkMarkets | Deriv | |
|---|---|---|
| BrokerRank Score | 3.9/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.5 pips |
| Max Leverage | 1:500 | 1:1000 ✓ |
| Regulation | FCA, ASIC | MFSA, Labuan FSA, BVI FSC ✓ |
| Platforms | MT4, MT5, Proprietary Web | MT5, Proprietary Web, Proprietary Mobile |
ThinkMarkets (3.9/5) and Deriv (4.0/5) are closely matched. ThinkMarkets has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowThinkMarkets
WinnerDeriv
ThinkMarkets
Deriv
ThinkMarkets holds licences from FCA, ASIC. Deriv is regulated by FCA, MAS.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. ThinkMarkets additionally covers Stocks. Deriv adds Crypto.
On spreads, ThinkMarkets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at Deriv.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. Deriv offers MT5, Proprietary Web, Proprietary Mobile. Both brokers are available on MT5, Proprietary Web, Proprietary Mobile.
ThinkMarkets requires no minimum deposit, while Deriv sets a minimum deposit of $5. This makes ThinkMarkets accessible to traders with any budget.
BrokerRank scores ThinkMarkets at 3.92/5 and Deriv at 3.77/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. ThinkMarkets leads overall with a clear advantage.
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
Deriv
4.0/5
Choose Deriv if you want…
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.
ThinkMarkets (3.9/5) and Deriv (4.0/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
ThinkMarkets offers spreads from 0 pips, while Deriv starts at 0.5 pips. Check the fees section above for a full breakdown.
ThinkMarkets requires a minimum deposit of $0. Deriv requires $5.
ThinkMarkets is regulated by FCA, ASIC, while Deriv holds licences from MFSA, Labuan FSA, BVI FSC, VFSC, CIMA, FSC, CMA.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. Deriv supports MT5, 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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BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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