Head-to-Head Comparison

Deriv vs OANDA

Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.

Deriv logo

Deriv

MFSA
Est. 1999
VS
Score
4:0
OANDA logo

OANDA

FCA
Est. 1996

Quick Summary

Deriv (established 1999) and OANDA (established 1996) are both regulated forex and CFD brokers. Both brokers offer competitive spreads. Both brokers offer similar maximum leverage of 1000:1. Deriv has a lower minimum deposit requirement of $5.

Trading Conditions

Feature
Deriv
OANDA
Min. Spread
0 pips
0 pips
Min. Deposit
$5
$0
Max Leverage
1000:1
200:1
Execution
Hybrid
Market Maker
Instruments
200+
100+
Founded
1999
1996
Headquarters
Malta
United States

Regulation & Licensing

Deriv logo
Deriv

MFSA(IS/70156)
Malta
BVI FSC(SIBA/L/18/1114)
British Virgin Islands
LFSA(MB/18/0024)
Malaysia (Labuan)
VFSC(14556)
Vanuatu
FSC(C118023276)
Mauritius
CIMA(1442724)
Cayman Islands
SCA(20200000078)
United Arab Emirates

OANDA logo
OANDA

FCA(461819)
United Kingdom
NFA(0325821)
United States
MAS(CMS100231)
Singapore
ASIC(412981)
Australia
CIRO
Canada
FSC(SIBA/L/20/1130)
British Virgin Islands

Platforms & Features

Feature
Deriv
OANDA
Platforms
Deriv MT5, Deriv cTrader, Deriv X, Deriv Trader, Deriv Bot, MetaTrader 5
OANDA Trade, MetaTrader 4
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account

Server Infrastructure

Metric
Deriv
OANDA
Total Servers
4
2
Total Endpoints
13
7
Countries
2
4
Hosting Providers
Amazon/AWS
Liquidity Connect LLC, Cloudflare, Beeks Financial Cloud

Account Types

Deriv

Deriv MT5 Financial
Spread: 0.5 pipsMin: $5Lev: 1000:1
Deriv MT5 Derived
Spread: 0 pipsMin: $5Lev: 1000:1

OANDA

Standard
Spread: 0.6 pipsMin: $0Lev: 200:1
Core
Spread: 0 pipsMin: $0Lev: 200:1Comm: $5/100k

Verdict: Deriv vs OANDA

Based on our verified data analysis, Deriv has a slight edge in this comparison with a score of 4 vs 0.

Choose Deriv for a lower entry barrier.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.