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Deriv vs FXTM: 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
- Deriv has the lower minimum deposit: $0, against $30.
- Only Deriv is licensed by BVI FSC, VFSC, CIMA, and Labuan FSA.
- Only FXTM is licensed by FSCA, CMA (Kenya), and CMA (UAE).
- Only FXTM offers MetaTrader 4.
- Only Deriv supports M-Pesa, Mobile Money (MTN MoMo, Orange Money), USDT (TRC-20), SPEI, Yape, PIX, Ozow, Capitec Pay, Khipu, DeUNA, MTN Mobile Money (MoMo), Airtel Money, Orange Money, and Moov Money for deposits and withdrawals.
- Users of other platforms rate Deriv higher: 4.5/5, against 4.3/5 for FXTM.
Side by side
| Criterion | Deriv | FXTM |
|---|---|---|
| Rating | ||
| Rating on other platforms | 4.5/5 (10.7K) | 4.3/5 (1.9K) |
| Regulators | BVI FSC, VFSC, FSC, CIMA, Labuan FSA | FSC, FSCA, CMA (Kenya), CMA (UAE) |
| Minimum deposit | No minimum | $30 |
| Account types | Deriv MT5 Standard, Deriv MT5 Swap-Free, Deriv MT5 Zero Spread | Micro, Rewards Plus, Rewards, Advantage, Advantage Stocks |
| Commission per lot (raw spread account) | — | $7 |
| Platforms | MetaTrader 5 | MetaTrader 4, MetaTrader 5 |
| Maximum leverage | — | up to 1:5000 (FSC) |
| Swap-free (Islamic) account | Yes | Yes |
| 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, MTN Mobile Money (MoMo), Airtel Money, Orange Money, Moov Money | Visa / Mastercard, Bank transfer, Skrill, Neteller |
| Retail CFD accounts losing money | — | — |
| Not available in | — | 17 countries |
| Founded | 1999 | — |
| Headquarters | — | — |
| Read review | Read review |
Frequently asked questions
Which regulators license Deriv and FXTM?
Deriv is licensed by BVI FSC, VFSC, FSC, CIMA, and Labuan FSA; FXTM by FSC, FSCA, CMA (Kenya), and CMA (UAE).
What is the minimum deposit at Deriv and FXTM?
Deriv: No minimum. FXTM: $30.
Which trading platforms do Deriv and FXTM offer?
Both offer MetaTrader 5. Only FXTM offers MetaTrader 4.
Which payment methods do Deriv and FXTM support?
Both support Visa / Mastercard, Skrill, Neteller, and Bank transfer for deposits and withdrawals. Only Deriv supports M-Pesa, Mobile Money (MTN MoMo, Orange Money), USDT (TRC-20), SPEI, Yape, PIX, Ozow, Capitec Pay, Khipu, DeUNA, MTN Mobile Money (MoMo), Airtel Money, Orange Money, and Moov Money for deposits and withdrawals.
How are Deriv and FXTM rated on other platforms?
Deriv: 4.5/5 (10.7K); FXTM: 4.3/5 (1.9K). These are ratings by app store and TradingView users, not a Wealth.cat score.
Full reviews
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