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Deriv
#2 in our binary options broker rankings
Accepts traders from Botswana
Rating breakdown
- Regulation & trust3.50.3 lower than Axi (3.8)
- Assets & markets4.81.8 higher than Axi (3.0)
- Fees & costs3.50.3 lower than Axi (3.8)
- Platforms & tools4.50.8 higher than Axi (3.7)
- Accounts & banking4.00.5 higher than Axi (3.5)
- Education3.8same as Axi (3.8)
- Research2.51.0 lower than Axi (3.5)
- Customer support3.8same as Axi (3.8)
Axi’s score. Numbers show the difference.
Axi
#28 in our CFD broker rankings
Accepts traders from Botswana
72.4% of retail investor accounts lose money when trading CFDs with this provider
Rating breakdown
- Regulation & trust3.80.3 higher than Deriv (3.5)
- Assets & markets3.01.8 lower than Deriv (4.8)
- Fees & costs3.80.3 higher than Deriv (3.5)
- Platforms & tools3.70.8 lower than Deriv (4.5)
- Accounts & banking3.50.5 lower than Deriv (4.0)
- Education3.8same as Deriv (3.8)
- Research3.51.0 higher than Deriv (2.5)
- Customer support3.8same as Deriv (3.8)
Deriv’s score. Numbers show the difference.
| Deriv | Axi | |
|---|---|---|
| Overview | Established in 1999, Deriv is an innovative broker now serving over 2.5 million global clients. The firm offers CFDs, multipliers and more recently accumulators, alongside its proprietary derived products which can't be found elsewhere, providing flexible short-term trading opportunities. | Established in 2007, Axi is a multi-regulated forex and CFD broker that has made strides to improve its trading experience over the years, from expanding its suite of stocks and upgrading the Axi Academy to launching its own copy trading app. |
| Customer Reviews | Based on 4 customer reviews | Based on 25 customer reviews |
| Trustpilot Score | ||
| Comment by Reviewer | “Deriv is ideal for active traders seeking alternative ways to speculate on global financial markets, from binaries, multipliers and accumulator options to its bespoke synthetic indices, which mimic real market movements and are available 24/7, allowing for continuous trading opportunities regardless of market hours. It remains one of the most trusted, longest-standing binary providers, earning the confidence of our team.” | “Axi is a stand-out option if you want to day trade forex on the MetaTrader 4 platform thanks to the broker’s growing selection of 70+ currency pairs, the MT4 NextGen upgrade, and tight spreads from just 0.2 pips if you opt for the Pro account.” |
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| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $5 | $0 |
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| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC | FCA, ASIC, FMA, DFSA, FSC |
| Margin Trading | Yes | Yes |
| STP Account | No | Yes |
| ECN Account | No | No |
| DMA Account | No | No |
| MAM Account | No | Yes |
| PAMM Account | No | Yes |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | Yes | Yes |
| Robo Advisor | No | No |
| Negative Balance Protection | Yes | Yes |
| Market Maker | Yes | No |
| P2P Trading | No | No |
| Spot Trading | Yes | Yes |
| Mobile Apps | Android, iOS (plus progressive web app) | iOS & Android |
| App Review | Deriv excels with its straightforward app design, enhanced in 2025 with streamlined position management and clearer contract details, alongside its diverse trading opportunities, from traditional markets to custom indices that simulate real-world markets and offer 24-hour trading, including on weekends. The in-app chat assistance, which can’t be found at many alternatives, is also fast and reliable, providing an important layer of support for new users. These all helped Deriv secure DayTrading.com's 'Best Trading App' award in 2025. | Axi’s app delivers a smooth, efficient trading experience, integrating all the tools needed for active trading in global markets right from your palm. Benefiting from upgrades to fix bugs and improve speed, it now features push notifications, personalized watchlists, and educational videos, all within a user-friendly interface that really impresses. |
| Android App Rating | ||
| iOS App Rating | ||
| Auto Trading | Expert Advisors (EAs) on MetaTrader, DBots | Expert Advisors (EAs) on MetaTrader, Myfxbook |
| Copy Trading | Yes | Yes |
| Copy Trading Platform | Deriv stands out in this toplist as our most trusted binary broker for copy trading. The platform lets you replicate the positions of experienced traders through signals on DMT5. From our time testing the service, you receive signals in real-time and then decide whether to action trades in your own account. The best part is that the process of copying is still automated, which is ideal for those seeking a hands-off approach. | – |
| Social Trading | No | Yes |
| Trade Signals | Yes | MT4, Autochartist |
| VPS Hosting | No | Yes |
| Tournaments | No | No |
| Demo Competitions | No | Yes |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $25 | $10 |
| Islamic Account | Yes | Yes |
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| Stock Exchanges | ||
| Commodities | ||
| CFD Trading | ||
| Overview | Since broadening its range of CFDs in 2023, Deriv now offers trading on rising and falling prices across hundreds of global financial markets. This includes the firm’s exclusive synthetic indices which imitate real markets but run around the clock for additional trading opportunities. | Axi offers a growing suite of CFDs covering currencies, shares, indices, commodities and crypto (location dependent). It’s clearly built with active traders in mind with zero restrictions on scalping or algo trading, extensive leverage opportunities, and fast execution with latency under 100ms. |
| Leverage | 1:1000 (varies by region) | 1:500 |
| FTSE Spread | 1.28 | 1.0 |
| GBPUSD Spread | 1.4 | 0.6 |
| Oil Spread | 0.02 | 0.03 |
| Stocks Spread | 0.59 (Apple) | 0.07 |
| Forex Trading | ||
| Overview | Deriv has expanded its range of currency pairs, now enabling clients to go long or short on a over 40 major, minor and exotic currency pairs. Spreads on EUR/USD are also competitive at 0.44 pips, especially since being slashed in 2021, while forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly Deriv Trader. | Axi’s 70+ currency pairs is its strongest market offering and beats out rivals like AvaTrade, which offers only 50+. Combine this with an elevated MT4 offering through the NextGen add-on, and Axi remains an excellent broker for forex traders. |
| GBPUSD Spread | 1.4 | 0.5 |
| EURUSD Spread | 1.4 | 0.2 |
| EURGBP Spread | 1.0 | 0.5 |
| Assets | 40+ | 70+ |
| Cryptocurrency | ||
| Overview | Deriv.com continues to offer a strong selection of 30+ crypto pairs - more than double the range offered by competitors like IQ Cent. It’s also one of the only binary providers to offer alternative ways to speculate on cryptos, including with leverage up to 1:2, doubling potential returns (and losses). Deriv Trader sports a slick interface with clean charting tools to analyze short-term crypto price movements. | Axi provides 24/7 short-term trading opportunities on 30 popular cryptos paired with fiat currencies, other tokens and more unusually, metals. It also stands out with its high leverage up to 1:200 for advanced crypto traders, amplifying potential returns but also losses. |
| Spread | From 0.5 | From 0.0 |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
| Binary Options | ||
| Overview | Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year with around the clock customer support and one of the slickest trading platforms we've used. | Binary options trading not offered |
| Payout | 100% | – |
| Expiry Times | 15 seconds - 365 days | – |
| Ladder Options | Yes | No |
| Boundary Options | Yes | No |
72.4% of retail investor accounts lose money when trading CFDs with this provider