Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
Interactive Brokers
$0.00Tightest Spreads
Deriv
From 0.0 pips (variable spreads depending on market) pipsHighest Leverage
Deriv
1:Up to 1:1000 (can go higher on synthetic indices)Best Rated
Interactive Brokers
Mobile Trading
Both
✓✓General Information
Interactive Brokers
Regulation
FCA (UK), ASIC (Australia), CySEC (Cyprus), NFA/CFTC (USA), MAS (Singapore), JFSA (Japan), BaFin (Germany), FINMA (Switzerland), IIROC (Canada), SFC (Hong Kong), CONSOB (Italy), CNMV (Spain)
Founded
N/A
Headquarters
United States
Overall Rating
Deriv
Regulation
FSC (Mauritius), MFSA (Malta), VFSC (Vanuatu), CIMA (Cayman Islands), FSC (British Virgin Islands)
Founded
N/A
Headquarters
Malta
Overall Rating
Trading Conditions
| Feature | Interactive Brokers | Deriv |
|---|---|---|
| Minimum Deposit | $0.00 | $5.00 |
| Average Spreads | Variable (market-based ECN pricing, from ~0.1 pips on major forex pairs) | From 0.0 pips (variable spreads depending on market) |
| Maximum Leverage | 1:50 | Up to 1:1000 (can go higher on synthetic indices) |
| Commission | None | None |
Account Types
Interactive Brokers
Deriv
Platforms & Tools
Interactive Brokers
WebTrader, TradingView, Interactive Brokers
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Deriv
MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
Interactive Brokers
Deposit Methods
Bank Wire Transfer ACH Transfer (USA) SEPA Transfer (EU) Wise (TransferWise) Direct Bank Transfer (local methods in supported countries)
Withdrawal Methods
Bank Wire Transfer ACH Withdrawal (USA) SEPA Withdrawal (EU) Direct Bank Transfers to registered accounts
Withdrawal Fee
None
Deriv
Deposit Methods
Bank Transfer, Credit/Debit Cards (Visa, Mastercard), E-wallets (Skrill, Neteller), Cryptocurrencies (BTC, ETH, USDT), Local payment agents
Withdrawal Methods
Bank Transfer, Credit/Debit Cards, E-wallets (Skrill, Neteller), Cryptocurrencies, Payment agents
Withdrawal Fee
None
Support
Interactive Brokers
Support Languages
English, Chinese, Japanese, German, French, Spanish, Italian, Portuguese, Dutch, Russian, Korean, and several additional localized platform languages
Support Channels
24/5 support (phone, chat, email) Regional support centers (US, Europe, Asia-Pacific) Priority service for professional accounts
Account Manager
Available
Deriv
Support Languages
English, Spanish, Portuguese, French, Arabic, Indonesian, Russian, Chinese, Thai, Vietnamese
Support Channels
24/7 customer support via Live Chat, Email, and Help Center (fast response, multilingual support)
Account Manager
Available
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