Deriv vs Pepperstone - BrokerCue
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Broker Comparison

Deriv vs Pepperstone

Compare Deriv and Pepperstone 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 digโ€ฆ

VS
Pepperstone

Pepperstone

Active CFD and forex traders

Pepperstone is a CFD and forex broker with Standard and Razor accounts, 0 โ‚ฌ minimum deposit, and platforms inโ€ฆ

Head-to-head comparison

Deriv vs Pepperstone
Feature Deriv Pepperstone
Minimum deposit - 0 โ‚ฌ
Stock trading fee CFDs on 500+ stocks; spread-based; no commission Australian share CFDs 0.07%; German share CFDs 0.10%; UK share CFDs 0.10%; US share and ETF CFDs 0.02 USD per share
Regulators MFSA, LFSA, BVI FSC, VFSC, FSC, SCA BAFIN, ASIC, CMA, CYSEC, DFSA, FCA, SCB
Best for Synthetic index and CFD traders Active CFD and forex traders
Markets & account
Stocks
ETFs
Forex
CFDs
Crypto
Options
-
Futures
-
Margin
Multi Currency
Demo Account
Business 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
Pepperstone

Pepperstone

Pros

  • 0 โ‚ฌ minimum deposit on Standard and Razor accounts
  • No account, inactivity or market data fees
  • Razor spreads start from 0.0 points
  • Standard forex account has no commission and spreads from 1 pip
  • Free demo accounts include unlimited virtual capital
  • Most crypto CFDs can be traded 24/7
  • API access and cTrader Automate support custom trading systems
  • Accounts support 10 base currencies

Cons

  • Razor forex commission starts at USD 2.96 per standard lot, per side
  • US share and ETF CFDs cost 0.02 USD per share
  • UK share CFDs cost 0.10% per side
  • Overnight swap costs apply to positions held across days
  • TradingView is not available for Standard CFD accounts
  • Demo accounts expire after 60 or 90 days of inactivity
  • Crypto CFDs do not give ownership of the underlying crypto asset
  • Some demo features, including cTrader Copy Trading, are restricted
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.

Your capital is at risk. Other fees apply.

Pepperstone

Pepperstone

Pepperstone is a CFD and forex broker with Standard and Razor accounts, 0 โ‚ฌ minimum deposit, and platforms including MT4, MT5, cTrader and TradingView.

Your capital is at risk. Other fees apply.

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