Head-to-Head Comparison

Deriv vs Saxo Bank

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
5:0
Saxo Bank logo

Saxo Bank

FSA
Est. 1992

Quick Summary

Deriv (established 1999) and Saxo Bank (established 1992) are both regulated forex and CFD brokers. Deriv offers tighter spreads starting from 0 pips, compared to Saxo Bank's 0.4 pips. Both brokers offer similar maximum leverage of 1000:1. Deriv has a lower minimum deposit requirement of $5.

Trading Conditions

Feature
Deriv
Saxo Bank
Min. Spread
0 pips
0.4 pips
Min. Deposit
$5
$2000
Max Leverage
1000:1
30:1
Execution
Hybrid
Market Maker
Instruments
200+
71000+
Founded
1999
1992
Headquarters
Malta
Denmark

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

Saxo Bank logo
Saxo Bank

FSA(1149)
Denmark
FCA(440751)
United Kingdom
ASIC(321946)
Australia

Platforms & Features

Feature
Deriv
Saxo Bank
Platforms
Deriv MT5, Deriv cTrader, Deriv X, Deriv Trader, Deriv Bot, MetaTrader 5
SaxoTraderGO, SaxoTraderPRO
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account

Server Infrastructure

Metric
Deriv
Saxo Bank
Total Servers
4
Total Endpoints
13
Countries
2
Hosting Providers
Amazon/AWS

Account Types

Deriv

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

Saxo Bank

Classic
Spread: 0.6 pipsMin: $2000Lev: 30:1
Platinum
Spread: 0.4 pipsMin: $200000Lev: 30:1

Verdict: Deriv vs Saxo Bank

Based on our verified data analysis, Deriv has a slight edge in this comparison with a score of 5 vs 0.

Choose Deriv if you prioritize the tightest possible spreads. 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.