Deriv vs FxPro - Fees Review included
Which broker is better Deriv or FxPro? Our expert assessment conducted according to TU’s own methodology showed that Deriv is one of the top brokers in the financial market with the TU Overall Score of 7.2 out of 10. FxPro is one of the top brokers in the financial market with the TU Overall Score of 7.9 out of 10. Find out more about TU Overall Score.
| Feature | Deriv | FxPro |
|---|---|---|
Overall |
1.5 |
4.6 |
1.5 |
5 |
|
1.7 |
3.9 |
|
1.6 |
4.6 |
|
Investment Instruments |
1.8 |
4.9 |
Platforms and Charting Tools |
1.4 |
4.2 |
Deposit and Withdrawal |
1.8 |
4.5 |
Research |
1.4 |
4.7 |
Education |
1.3 |
4.6 |
Support |
1.2 |
4.5 |
Bonuses |
1.3 |
2.5 |
|
|
|
Deriv vs FxPro: Pros and Cons
Deriv is a brokerage company that started its activities in 1999. Deriv's mission is to make trading accessible. For this reason, the company has low minimum deposit requirements, but high-quality working conditions. DTrader is one of the broker's several proprietary trading platforms. Two others are DBot and DMT5. Deriv offers its clients to trade Forex assets, stocks, indices (including synthetic ones), CFDs, commodities, and options. Deriv is an international broker licensed and regulated by the following bodies: UK Financial Conduct Authority (FCA), Vanuatu Financial Services Commission (VFSC), Malta and Labuan Financial Services Authority (MFSA and Labuan FSA). The rights of traders are guarded by the Financial Commission, of which Derive is also a member.
The FxPro broker was registered in July 2006 in Cyprus. The company’s activities are licensed by financial regulators: CySEC (Cyprus), Bahamas SCB, FCA (UK), and South African FSCA. FxPro is successfully operating in more than 170 countries for retail and institutional clients. The broker has received more than 85 awards, including “Best Forex Trading Platform” and “Best Trading Platform”. FxPro has become known for providing the best trading tools. With FxPro broker, traders can trade more than 70 currency pairs, futures and stocks (Twitter, Apple, Google). The company has stock indices, metals and energy resources at its disposal. FxPro sets high safety standards with the client's funds being kept in large international banks. They are insured and separated from the broker's equity.
| Deriv | FxPro | |
|---|---|---|
| Overall Pros | Low level of the minimum deposit. | Regulated in EU and Great Britain |
| A wide range of payment agents for replenishment of the deposit and withdrawal of earned funds. | Big choice of ECN/STP accounts | |
| Availability of trading instruments of different groups: currency pairs, stocks, indices, metals, etc. | insurance of client funds | |
| Broker regulation by several authorities from different countries. | Strong research and education | |
| Round-the-clock client support. | PAMM and Copy-trading for investors | |
| Choice of three convenient trading platforms. | Personal offers for VIP-clients | |
| No commission for maintaining a trading account and using its platforms. | ||
| Overall Cons | The tutorials provided on the site may not be enough for novice traders. | High spreads and fees |
| Deriv has only a few ways to contact support. | No forex bonuses | |
| The broker does not serve clients from several countries, such as the USA, Canada, Malaysia, Israel, and others. |
Deriv vs FxPro: Safety and Regulation
| Deriv | FxPro | |
|---|---|---|
Max. Regulation Level |
Tier-2 |
Tier-1 |
Investor protection |
€20,000 |
€20,000 |
FCA UK Regulation |
No |
Yes |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
Yes |
BVI FSC |
Yes |
No |
VFSC |
Yes |
No |
FSA (Seychelles) |
No |
Yes |
Deriv vs FxPro: Trading Conditions
| Trading Conditions | Deriv | FxPro |
|---|---|---|
Minimum Deposit |
$10 |
$100 |
Trading Platforms |
Deriv MT5, Deriv X, DTrader, SmartTrader, DBot |
MT4, MT5, MultiTerminal |
Max Leverage (Futures) |
1-1000 |
1:500 SCB regulation 1:30 (FCA, CySec regulation) |
Supported Markets |
Currency pairs, cryptocurrencies, CFDs, indices, stocks, synthetic indices, commodities |
Forex, CFDs on indices cryptocurrencies, stocks, energy commodities |
Trading assets |
218+ |
3000+ |
Trading Accounts |
Real account, demo account |
FxPro MT4 Instant (with fixed spreads), FxPro MT4 Instant (with floating spreads), FxPro MT4 Market, FxPro MT5, FxPro cTrader, VIP-account |
Base Account Currencies |
Deriv MT5, Deriv X, DTrader, SmartTrader, DBot |
USD, EUR, PLN, GBP, AUD, CHF, JPY, ZAR |
Deriv vs FxPro: Fees
| Deriv | FxPro | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
0,9 |
Standard acc. spread EUR/USD, max pips |
0,8 |
1,7 |
ECN Commission |
3 |
|
ECN Spread EUR/USD |
0,2 |
|
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
25 |
15 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Deriv vs FxPro: Trading Assets
| Asset Name | Deriv | FxPro |
|---|---|---|
Overall |
218+ |
3000+ trading assets |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes |
Yes (CFD) |
Indices |
Yes |
Yes (CFD) |
ETFs |
No |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Deriv or FxPro: Investment Programs
| Asset Name | Deriv | FxPro |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: FxPro or Deriv
| Deriv | FxPro | |
|---|---|---|
MT4 |
No |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
DTrader |
FxPro |
Others |
SmartTrader |
No |
|
|
|
Deriv vs FxPro: Deposit and Withdrawal Methods
| Deriv | FxPro | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
Deriv vs FxPro: Research
| Research Type | Deriv | FxPro |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
Yes |
Deriv vs FxPro: Education
| Education Type | Deriv | FxPro |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
No |
FxPro vs Deriv: Support
| Support Features | Deriv | FxPro |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Deriv vs FxPro: Forex Bonuses and Promo
| Promo | Deriv | FxPro |
|---|---|---|
Forex Bonus |
No |
Not offered |
Affiliate Program |
Deriv’s affiliate program is presented in three types: a trader can (i) receive additional earnings for the monthly income of his referees, (ii) for the probability of payments on options, as well as (iii) for inviting new users to the Deriv broker. |
Up to $1.100 per client you introduce to FxPro |
Other Promos |
||
|
|
|
Top 5 Reviews on FxPro
-
Comment
FxPro offers negative balance protection, which can be crucial during periods of high volatility. Spreads on the EUR/USD pair remain within the range of 0.3–0.8 pips. Leverage is available up to 1:500. However, the starting conditions may not suit everyone: the minimum deposit is $100 or the equivalent in other currencies.
-
Comment
cTrader was a new platform. The user interface is complex and takes some time for adaptation. I was surprised how fast orders execute during trading sessions. It probably takes less than 0,01 sec.
-
Comment
I tested FxPro in both demo mode and on a real account with fixed spreads. I didn’t notice much difference in execution — orders open and close consistently. Commissions are no higher than the market average. However, due to the lack of localized analysis, I have to rely on external market sources.
-
Comment
Access to MT4, MT5, and cTrader platforms is a plus. It's convenient to choose between fixed and floating spreads, especially if your strategy requires stable conditions. The company’s capital exceeds €100 million, which inspires trust. However, the broker does not offer PAMM accounts or investment services, so it’s not suitable for passive income.
-
Comment
Tried tradin gold here... not bad at all. The raw+ acc is great fit so scalpers or even for daytraders… the spread on gold is below 1 pip most of the time
Top 5 Reviews on Deriv
-
Comment
I opened an account with Deriv earlier this year, attracted by the low spreads and a minimum deposit of just $5. I started out trading on a demo account, but later deposited $50 into a real account. What I liked is that Deriv offers over 200 assets, including currencies, cryptocurrencies, indices, and synthetic instruments. After three months of active trading, I was able to withdraw my first profit of $180 via Skrill — the withdrawal was processed within a day and without any fees.
-
Comment
Deriv stands out for its unique instruments like synthetic indices and futures, which are available 24/7 without weekend breaks. The MT5 platform runs smoothly, and there are convenient web versions like DTrader and a mobile app. Deposits and withdrawals start from just $5, with minimal transaction fees. Over the past month, I made three withdrawals — each time the funds arrived within one business day. Deriv also offers educational courses and analytics that truly help beginners get up to speed quickly. I recommend Deriv for its reliability and wide range of instruments.
-
Comment
Deriv offers excellent conditions for mobile trading: the app runs smoothly on all devices, and all features fully mirror the web platform. For beginners, there’s a $10,000 demo account available to test any strategies risk-free. Spreads on major instruments start from 0.5 pips, and execution speed is high — I haven’t experienced any delays. I regularly take part in Deriv competitions, which offer the chance to win bonuses and no-deposit credits. After a year of trading with Deriv, I managed to grow my account from $50 to $700, and I’ve never had any issues with verification or customer support.
-
Comment
Deriv offers very flexible conditions for automation: the DBot robot builder allows you to create your own trading algorithms without any coding knowledge. The minimum deposit is $5, and commissions on most CFD trades are minimal—usually less than $1 per lot. Investors have access to a wide range of trading instruments: currencies, stocks, commodities, cryptocurrency, and indices. I especially appreciate the ability to trade with leverage up to 1:1000, which provides great potential to grow your deposit. Over the past three months, I have received more than $30 in cashback from participating in Deriv promotions.
-
Comment
I have been working with Deriv for over six months and appreciate this broker for its transparent commission policy and fast trade execution. The minimum lot size is 0.01, and you can trade both classic currency pairs and derivatives on synthetic indices. Deriv allows you to open an account in USD, EUR, GBP, or cryptocurrency, and supports deposits via bank cards, Skrill, Neteller, and crypto wallets. I withdrew a $250 profit through Skrill — the funds arrived within a couple of hours with no hidden fees. The Deriv MT5 platform makes it easy to implement complex trading strategies, and there is a free VPS available for active traders.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.