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Deriv vs FXPesa: licences, costs and platforms
Facts from both companies’ official pages and regulators’ registers, side by side. We show what the numbers say; the choice is yours.
Facts verified on October 7, 2026
Key differences
- Only Deriv is licensed by BVI FSC, VFSC, FSC, CIMA, and Labuan FSA.
- Only FXPesa is licensed by CMA (Kenya).
- Only FXPesa offers MetaTrader 4 and Equiti Trader.
- Only Deriv supports USDT (TRC-20), SPEI, Yape, PIX, Ozow, Capitec Pay, Khipu, and DeUNA for deposits and withdrawals.
- Only FXPesa supports EazzyPay for deposits and withdrawals.
- Users of other platforms rate FXPesa higher: 5.0/5, against 4.5/5 for Deriv.
Side by side
| Criterion | Deriv | FXPesa |
|---|---|---|
| Our score | Not rated yet | Not rated yet |
| Rating on other platforms | 4.5/5 (10.7K) | 5.0/5 (3.7K) |
| Regulators | BVI FSC, VFSC, FSC, CIMA, Labuan FSA | CMA (Kenya) |
| Minimum deposit | No minimum | No minimum |
| Account types | Deriv MT5 Standard, Deriv MT5 Swap-Free, Deriv MT5 Zero Spread | Standard, Premier |
| Commission per lot (raw spread account) | — | $7 |
| Platforms | MetaTrader 5 | MetaTrader 4, MetaTrader 5, Equiti Trader |
| Maximum leverage | — | up to 1:400 (CMA (Kenya)) |
| Swap-free (Islamic) account | Yes | On request |
| Deposit and withdrawal methods | Visa / Mastercard, M-Pesa, Mobile Money (MTN MoMo, Orange Money), Skrill, Neteller, USDT (TRC-20), SPEI, Yape, PIX, Bank transfer, Ozow, Capitec Pay, Khipu, DeUNA | M-Pesa (Kenya), EazzyPay (Kenya), Mobile Money (MTN MoMo, Orange Money; Kenya, Uganda, Tanzania), Skrill, Neteller, Visa / Mastercard, Bank transfer |
| Retail CFD accounts losing money | — | 80% |
| Not available in | — | 4 countries |
| Founded | 1999 | — |
| Headquarters | — | Kenya |
| Read review | Read review |
Frequently asked questions
Which regulators license Deriv and FXPesa?
Deriv is licensed by BVI FSC, VFSC, FSC, CIMA, and Labuan FSA; FXPesa by CMA (Kenya).
What is the minimum deposit at Deriv and FXPesa?
Deriv: No minimum. FXPesa: No minimum.
Which trading platforms do Deriv and FXPesa offer?
Both offer MetaTrader 5. Only FXPesa offers MetaTrader 4 and Equiti Trader.
Which payment methods do Deriv and FXPesa support?
Both support Visa / Mastercard, M-Pesa, Mobile Money (MTN MoMo, Orange Money), Skrill, Neteller, and Bank transfer for deposits and withdrawals. Only Deriv supports USDT (TRC-20), SPEI, Yape, PIX, Ozow, Capitec Pay, Khipu, and DeUNA for deposits and withdrawals. Only FXPesa supports EazzyPay for deposits and withdrawals.
How are Deriv and FXPesa rated on other platforms?
Deriv: 4.5/5 (10.7K); FXPesa: 5.0/5 (3.7K). These are ratings by app store and TradingView users, not a Wealth.cat score.