XM
Deriv
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Choosing between XM and Deriv depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus. Deriv has the longer track record, established in 1999, compared to XM which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
XM
Deriv
| XM | Deriv | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.8/5 |
| Min. Deposit | $5 | $5 |
| Spread from | 0.6 pips | 0.5 pips ✓ |
| Max Leverage | 1:1000 | 1:1000 |
| Regulation | CySEC, ASIC, FCA ✓ | FCA, MAS |
| Platforms | MT4, MT5, Proprietary Mobile | MT5, Proprietary Web, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.8/5 on BrokerRank's independent rating. On fees, Deriv offers lower spreads (0.5 pips).
See full side-by-side comparison belowXM
WinnerDeriv
XM
Deriv
Lower feesXM holds licences from ASIC, FCA, CySEC. Deriv is regulated by FCA, MAS.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. XM additionally covers Stocks. Deriv adds Crypto.
On spreads, Deriv is more competitive with EUR/USD spreads from 0.5 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. Deriv offers MT5, Proprietary Web, Proprietary Mobile. Both brokers are available on MT5, Proprietary Mobile.
XM requires a minimum deposit of $5, while Deriv sets a minimum deposit of $5. Both are suitable for traders with moderate starting capital.
BrokerRank scores XM at 3.92/5 and Deriv at 3.77/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.
XM
3.9/5
Choose XM if you want…
Deriv
3.8/5
Choose Deriv if you want…
XM scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs Deriv's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
XM offers spreads from 0.6 pips, while Deriv starts at 0.5 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. Deriv requires $5.
XM is regulated by CySEC, ASIC, FCA, while Deriv holds licences from FCA, MAS.
XM supports MT4, MT5, 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.