Deriv vs SMARTBROKER+ - BrokerCue
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Broker Comparison

Deriv vs SMARTBROKER+

Compare Deriv and SMARTBROKER+ 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
SMARTBROKER+

SMARTBROKER+

German investors seeking low-cost ETF trading

SMARTBROKER+ is a German online broker offering stocks, ETFs, funds, bonds, derivatives and crypto with free …

Head-to-head comparison

Deriv vs SMARTBROKER+
Feature Deriv SMARTBROKER+
Minimum deposit - -
Stock trading fee CFDs on 500+ stocks; spread-based; no commission EUR 0 via gettex (orders >= EUR 500); EUR 1 via gettex (orders < EUR 500); EUR 4 flat at Tradegate, Lang & Schwarz and other exchanges
Regulators MFSA, LFSA, BVI FSC, VFSC, FSC, SCA BaFin
Best for Synthetic index and CFD traders German investors seeking low-cost ETF trading
Markets & account
Stocks
ETFs
Forex
-
CFDs
-
Crypto
Bonds
-
Options
-
Margin
Multi Currency
-
Demo Account
-
Funds
-
Investment Plans
-

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
SMARTBROKER+

SMARTBROKER+

Pros

  • Free custody and account management
  • No deposit, withdrawal or inactivity fees
  • Commission-free gettex trading for orders of EUR 500 or more
  • Over 4,600 savings plans with free execution for ETFs, stocks, funds and crypto ETPs
  • Access to 9 domestic and 18 international exchanges
  • Bonds trading available since April 2024
  • Weekend trading available since November 2025
  • Deposit protection up to EUR 100,000 via statutory scheme plus voluntary fund

Cons

  • No demo account available
  • No joint or junior accounts
  • Platform and customer support primarily in German
  • EUR 4 flat fee at exchanges other than gettex
  • Currency conversion cost of approximately 0.25% on international trades
  • No source tax recovery service
  • Mixed customer reviews on Trustpilot regarding customer support response times
  • Parent company has reported losses in recent years
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.

SMARTBROKER+

SMARTBROKER+

SMARTBROKER+ is a German online broker offering stocks, ETFs, funds, bonds, derivatives and crypto with free custody and commission-free gettex trading from EUR 500.

Visit SMARTBROKER+ Read review

Your capital is at risk. Other fees apply.

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