Choosing the right broker is crucial for successful trading. Two popular names in the industry are Deriv and IC Markets. Both offer unique features, but which one is better for your trading needs?
In this comparison between Deriv vs IC Markets, we’ll break down their differences in regulation, trading platforms, fees, assets, and more to help you decide.
The table below gives a clear, easy-to-read breakdown of the key differences of the two brokers.
| Feature | Deriv | IC Markets |
|---|---|---|
| Regulation | MFSA, FSA, LFSA | ASIC, CySEC, FSA |
| Platforms | DTrader, DBot, Deriv MT5 | MT4, MT5, cTrader |
| Spreads | From 0.5 pips | From 0.0 pips (Raw ECN) |
| Commissions | No commission (except CFDs) | $3.5 per lot (ECN accounts) |
| Assets | Forex, CFDs, Synthetics, Crypto | 2,250+ (Forex, Stocks, Crypto, Commodities) |
| Leverage | Up to 1:1000 | Up to 1:500 (ASIC) / 1:1000 (Global) |
| Deposit Methods | Cards, E-wallets, Crypto | Cards, Bank Transfer, PayPal, Crypto |
| Customer Support | 24/7 Live Chat, Email | 24/7 Live Chat, Phone, Email |
| Best For | Synthetic Trading, Binary Options | Low-Cost Trading, Forex Trading |
| VISIT BROKER | VISIT BROKER |
Regulation and Safety
Deriv
- Regulated by the Malta Financial Services Authority (MFSA) and other global bodies.
- Offers segregated accounts for client funds.
- Known for its strong security measures.
IC Markets
- Regulated by ASIC (Australia), CySEC (Cyprus), and FSA (Seychelles).
- Follows strict financial standards, ensuring high security.
- Uses tier-1 banks for fund segregation.
Winner: IC Markets (due to stricter ASIC regulation).
Trading Platforms
Deriv
- Offers DTrader, DBot, and Deriv MT5.
- Focuses on CFDs, options, and multipliers.
- User-friendly for beginners.
IC Markets
- Provides MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader.
- Best for forex, stocks, and crypto traders.
- Advanced charting tools for professionals.
Winner: IC Markets (better for serious traders).
Fees and Spreads
Deriv
- Charges zero commissions on most trades.
- Spreads start from 0.5 pips (floating).
- Overnight fees apply for CFD positions.
IC Markets
- Raw spreads from 0.0 pips (ECN pricing).
- Commission starts at $3.5 per lot.
- Lower trading costs for high-volume traders.
Winner: IC Markets (better for low-cost trading).
Available Assets
Deriv
- Focuses on synthetic indices, binary options, forex, commodities, and cryptocurrencies.
- No real stocks or ETFs.
IC Markets
- Offers forex, stocks, indices, commodities, bonds, and crypto.
- Over 2,250+ tradable instruments.
Winner: IC Markets (more asset variety).
Deposit & Withdrawal Methods
Deriv
- Supports credit/debit cards, e-wallets (Skrill, Neteller), and cryptocurrencies.
- No deposit fees, but some withdrawal fees apply.
IC Markets
- Accepts bank transfers, cards, PayPal, Skrill, and crypto.
- No deposit fees; free withdrawals for most methods.
Winner: Tie (both offer flexible options).
Customer Support
Deriv
- 24/7 live chat and email support.
- Helpful but sometimes slow responses.
IC Markets
- 24/7 customer service via live chat, phone, and email.
- Faster and more professional support.
Winner: IC Markets (better responsiveness).
Final Verdict: Deriv vs IC Markets
- Choose Deriv if you prefer simple trading, synthetic indices, and beginner-friendly platforms.
- Choose IC Markets if you want lower spreads, more assets, and professional trading tools.
For most traders, IC Markets is the better choice due to tighter spreads, better regulation, and a wider range of tradable assets. However, Deriv is great for casual traders who enjoy unique trading options.
Which Broker Will You Choose?
Both Deriv and IC Markets have strengths depending on your trading style. If you prioritize low costs and variety, go with IC Markets. If you like innovative trading options, Deriv could be a good fit.
