Deriv vs FP Markets - BrokerCue
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Broker Comparison

Deriv vs FP Markets

Compare Deriv and FP Markets side by side: fees, regulation, platforms.

Deriv

Deriv

Synthetic index and CFD traders

Deriv is a multi-asset online broker founded in 1999 offering forex, CFDs, crypto, synthetic indices, and dig…

VS
FP Markets

FP Markets

ECN forex and CFD traders

FP Markets is an Australian multi-asset broker founded in 2005, offering forex, CFDs, and share trading acros…

Head-to-head comparison

Deriv vs FP Markets
Feature Deriv FP Markets
Minimum deposit - -
Stock trading fee CFDs on 500+ stocks; spread-based; no commission Iress platform: commission-based, minimum brokerage applies per trade; fee thresholds vary by account tier
Regulators MFSA, LFSA, BVI FSC, VFSC, FSC, SCA ASIC, CySEC, FSCA, FSA, CMA, FSC
Best for Synthetic index and CFD traders ECN forex and CFD traders
Markets & account
Stocks
ETFs
Forex
CFDs
Crypto
Bonds
-
Options
-
Margin
Multi Currency
-
Demo Account

Pros & cons

Deriv

Deriv

Pros

  • No commissions on any account type
  • No deposit or withdrawal fees
  • Minimum deposit of $5
  • Proprietary synthetic indices tradeable 24/7
  • Seven trading platforms including MT5, cTrader, and DBot
  • Free $10,000 virtual-funds demo account
  • Regulated in multiple jurisdictions including Malta (MFSA)

Cons

  • Forex spreads wider than industry average on standard accounts
  • Inactivity fee of up to $25 after 12 months of no trading
  • Most regulatory coverage is offshore (Tier 3); only MFSA provides Tier 1 oversight
  • No MetaTrader 4 support
  • Limited research and educational content compared to larger brokers
  • No phone customer support
  • Synthetic indices are proprietary; Deriv acts as counterparty
FP Markets

FP Markets

Pros

  • Raw ECN account with spreads from 0.0 pips and $6 round-turn commission
  • Regulated by ASIC and CySEC with client funds in segregated accounts
  • 10,000+ tradeable instruments including forex, stocks, indices, and commodities
  • Choice of MetaTrader 4, MetaTrader 5, cTrader, TradingView, and Iress
  • No deposit, withdrawal, or inactivity fees
  • Free demo account with USD 100,000 in virtual funds
  • Negative balance protection under ASIC and CySEC entities
  • 24/7 multilingual customer support

Cons

  • Not FCA-regulated; UK traders are served through a less protective entity
  • Iress platform incurs a monthly fee unless minimum commission thresholds are met
  • Demo accounts expire after 30 days of inactivity
  • Research and educational content trails some larger competitors
  • Not available to residents of the United States, Japan, or New Zealand
  • Standard account spreads are wider than the Raw account average all-in cost
Deriv

Deriv

Deriv is a multi-asset online broker founded in 1999 offering forex, CFDs, crypto, synthetic indices, and digital options across seven trading platforms.

Visit Deriv Read review

Your capital is at risk. Other fees apply.

FP Markets

FP Markets

FP Markets is an Australian multi-asset broker founded in 2005, offering forex, CFDs, and share trading across MetaTrader, cTrader, TradingView, and Iress platforms.

Visit FP Markets Read review

Your capital is at risk. Other fees apply.

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