Your capital is at risk. Trade only with funds you can afford to lose.
Deriv
#2 in our binary options broker rankings
Accepts traders from Yemen
Rating breakdown
- Regulation & trust3.51.1 lower than IC (4.6)
- Assets & markets4.80.7 higher than IC (4.1)
- Fees & costs3.51.1 lower than IC (4.6)
- Platforms & tools4.50.5 higher than IC (4.0)
- Accounts & banking4.0same as IC (4.0)
- Education3.80.3 higher than IC (3.5)
- Research2.51.5 lower than IC (4.0)
- Customer support3.80.7 lower than IC (4.5)
IC’s score. Numbers show the difference.
IC
#5 in our CFD broker rankings
Accepts traders from Yemen
Rating breakdown
- Regulation & trust4.61.1 higher than Deriv (3.5)
- Assets & markets4.10.7 lower than Deriv (4.8)
- Fees & costs4.61.1 higher than Deriv (3.5)
- Platforms & tools4.00.5 lower than Deriv (4.5)
- Accounts & banking4.0same as Deriv (4.0)
- Education3.50.3 lower than Deriv (3.8)
- Research4.01.5 higher than Deriv (2.5)
- Customer support4.50.7 higher than Deriv (3.8)
Deriv’s score. Numbers show the difference.
| Deriv | IC | |
|---|---|---|
| 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. | IC Markets (now IC) is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 200,000 clients from over 200 countries. |
| Customer Reviews | Based on 4 customer reviews | Based on 3 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.” | “IC (formerly IC Markets) offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders.” |
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| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $5 | $200 |
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| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC | ASIC, CySEC, FSA, SCB, CMA-Kenya |
| Margin Trading | Yes | Yes |
| STP Account | No | No |
| ECN Account | No | Yes |
| DMA Account | No | Yes |
| MAM Account | No | Yes |
| PAMM Account | No | Yes |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | Yes | No |
| Robo Advisor | No | No |
| Negative Balance Protection | Yes | Yes |
| Market Maker | Yes | No |
| P2P Trading | No | No |
| Spot Trading | Yes | No |
| 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. | IC deliver mobile apps for their cTrader, MT4, MT5 and TradingView platforms. They have been developed on Android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. Yet what really stands out is how they've managed to maintain the lightning-fast execution speed IC Markets (now just IC) is known for, right within the apps. It's a seamless trading experience that feels both professional and highly responsive. |
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| iOS App Rating | ||
| Auto Trading | Expert Advisors (EAs) on MetaTrader, DBots | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade |
| 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. | Launched in February 2023, the IC Social app offers an intuitive way to learn, share, and mirror the positions of other traders with just a few clicks. Additionally, the app features risk management tools and supports dedicated trading groups. Alternatively, IC grants access to Signal Start, along with well-known third-party copy trading platforms including ZuluTrade and cTrader Copy. |
| Social Trading | No | Yes |
| Trade Signals | Yes | Yes |
| VPS Hosting | No | Yes |
| Tournaments | No | No |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $25 | $0 |
| Islamic Account | Yes | Yes |
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| 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. | You gain access to over 2,250 CFDs, available for trading 24/5 across popular markets such as forex, commodities, indices, stocks, and bonds. Utilizing deep liquidity and advanced bridge technology, IC ensures optimal conditions for scalpers, hedgers, and algo traders alike. |
| Leverage | 1:1000 (varies by region) | 1:5000 |
| FTSE Spread | 1.28 | 1.0 |
| GBPUSD Spread | 1.4 | 0.23 |
| Oil Spread | 0.02 | 0.03 |
| Stocks Spread | 0.59 (Apple) | 0.02 |
| 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. | IC maintains its commitment to providing exceptionally tight 0.0-pip forex spreads on major currency pairs such as EUR/USD. This makes it an excellent option if you are seeking superior execution, with an average of 35 milliseconds. Additionally, if you are a high-volume trader, you can benefit from rebates of up to $2.50 per forex lot. |
| GBPUSD Spread | 1.4 | 0.23 |
| EURUSD Spread | 1.4 | 0.1 |
| EURGBP Spread | 1.0 | 0.27 |
| Assets | 40+ | 75 |
| 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. | IC offers 20+ cryptocurrencies which are tradable via CFDs, including lesser-known tokens such as Avalanche, Kusama and Uniswap. Commission-free trading is available, and experienced crypto traders can access leverage in the MetaTrader platforms. |
| Spread | From 0.5 | BTC 42.036 |
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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 |