CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
BrokrpediaCheck a broker
Deriv
vs
IG

Deriv vs IG

What each publishes, side by side. — means we haven't got it from the broker's own pages.

DerivIG
Licences on a register1 of 54 of 5
RegulatorsLabuan FSAFSC BVICIMAFSC MauritiusVFSCFSCAFCAFSCA ODP⚠ 1 flag
Lowest spread—0.75EUR/USD average published by IG (minimum 0.6). USD/ZAR avg 136.67 points
Commission / lot$0'Zero commissions' on Deriv MT5 per its homepageNone on FXFX and index CFDs are spread-only; share CFDs carry commission (South Africa 0.20% per side, min ZAR50 online)
Min deposit—NoneBank transfer has no minimum, per IG ZA help centre
PlatformsMT5, cTrader, TradingViewPlatforms named on the broker's own siteMT4, TradingView, ProRealTimePlatforms named on the broker's own site
Licences stated✓ = matched on register
  • · Labuan FSA
  • · FSC BVI
  • · CIMA
  • ✓ FSC Mauritius
  • · VFSC
  • · FSCA 41393
  • ✓ FCA 195355
  • ✓ FCA 114059
  • ✓ FCA 944492
  • ✓ FSCA ODP
Regulator warningsFCA list, name matchNone found
Trustpilot4.373,626 reviewsRead on Trustpilot ↗3.89,017 reviewsRead on Trustpilot ↗
Regulator warning naming the firmNone foundNone found
VisitVisit DerivVisit IG
vs

Not a recommendation. Info may be out of date or wrong. Always check with the regulator before you trade.