Our Verdict
Deriv offers options trading, while the other does not. Deriv has been in the market since 1999, making it the more experienced provider. On spreads, Deriv offers EUR/USD from 0.5 pip (Standard), 0.2 pip (Raw) + $5.00 per lot round turn, while FXGT offers EUR/USD from 0.5 pip (Standard+), 0.0 pip (ECN) + $5.00 per lot round turn; crypto pairs.
Comparison Table
| Criteria | Deriv | FXGT |
|---|---|---|
| Rating | 3.7/5 (1450 reviews) | 3.7/5 (600 reviews) |
| Regulation | MFSA | CySEC/FSA |
| Fees | from 0.5 pips Forex, synthetic indices commission-free | from 0.0 pips (ECN), Standard+ from 1.5 pips, no commission (Standard+) |
| Min. Deposit | 5 $ | 5 $ |
| Instruments | CFDs, Forex, Synthetic Indices, Commodities, Crypto CFDs, Stocks CFDs | Forex, Crypto CFDs, Indices, Commodities, Stocks CFDs, Metals |
| Platforms | Deriv Trader, Deriv MT5, Deriv X, Deriv Bot | MT4, MT5 |
| Options Trading | Yes, digital options on Deriv Trader | No |
| Spread (typical) | EUR/USD from 0.5 pip (Standard), 0.2 pip (Raw) + $5.00 per lot round turn | EUR/USD from 0.5 pip (Standard+), 0.0 pip (ECN) + $5.00 per lot round turn; crypto pairs |
| Payout Rate | 95–100 % (Synthetic Indices/Derivate) | — |
| Founded | 1999 | 2019 |
| Headquarters | Malta | Limassol |
Detailed Comparison
Fee Comparison
Deriv: from 0.5 pips Forex, synthetic indices commission-free. Minimum deposit: 5 $. Spread: EUR/USD from 0.5 pip (Standard), 0.2 pip (Raw) + $5.00 per lot round turn.
FXGT: from 0.0 pips (ECN), Standard+ from 1.5 pips, no commission (Standard+). Minimum deposit: 5 $. Spread: EUR/USD from 0.5 pip (Standard+), 0.0 pip (ECN) + $5.00 per lot round turn; crypto pairs.
Execution Quality
Deriv
Payout rate: 95–100 % (Synthetic Indices/Derivate)
FXGT
No data available
Product Range
Deriv (6 categories)
FXGT (6 categories)
Trading Platforms
Deriv
- Deriv Trader
- Deriv MT5
- Deriv X
- Deriv Bot
FXGT
- MT4
- MT5
Regulation & Security
Deriv is regulated by MFSA (HQ: Malta).
FXGT is regulated by CySEC/FSA (HQ: Limassol).
Who Is It For?
Deriv
Innovative CFD broker with synthetic indices and proprietary platform
✓ Over 25 years of experience (formerly Binary.com)
✓ Unique synthetic indices available 24/7
✓ Very low minimum deposit of just $5
✗ Synthetic indices carry special risks
✗ Not regulated by FCA or BaFin
FXGT
Hybrid broker for Forex and crypto with CySEC regulation
✓ CySEC-regulated (EU deposit protection)
✓ Crypto CFDs with up to 1:1000 leverage
✓ Low minimum deposit ($5)
✗ Relatively young broker (founded 2019)
✗ High leverage carries significant loss risk
Frequently Asked Questions
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Deriv
Innovative CFD broker with synthetic indices and proprietary platform
Open Account →From 5 $ min. deposit