Moomoo
Deriv
Moomoo vs Deriv
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Moomoo and Deriv are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Moomoo, founded in 2018 and headquartered in Palo Alto, USA, is regulated by ASIC, MAS and offers spreads starting from N/A with a minimum deposit of $0. Deriv, established in 2000 in Cyberjaya, Malaysia, holds licenses from VFSC, FSC, LFSA with spreads from 0.5 pips and a $5 minimum deposit. In our hands-on testing across 8 scoring categories, Moomoo scored 7.7/10 overall compared to Deriv's 7/10, making it the stronger pick for most traders. That said, Deriv holds its own with smoother deposits & withdrawals, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Moomoo scores 7.7/10 overall vs 7/10 for Deriv — a 0.7-point difference.
- 💵
Moomoo requires just $0 to start, while Deriv needs $5 — Moomoo is 5x more accessible.
- 🛡️
Moomoo holds Tier 1 regulation (ASIC, MAS) offering stronger investor protection than Deriv's Tier 3 status.
- 📈
Moomoo offers 7,000+ instruments vs 150+ at Deriv — a massive gap in market coverage.
- 🖥️
Moomoo runs on Moomoo App, while Deriv uses DTrader, DBot, DMT5, Deriv X — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: Moomoo scores 8.0 vs 5.5 for Deriv — a 2.5-point difference.
Our Verdict
Moomoo
Score: 7.7/10 · Wins 7 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
Deriv
Score: 7.0/10 · Wins 1 categories- Fast and flexible deposits & withdrawals are important
- You prefer Deriv's trading environment overall
Moomoo takes the lead with an overall score of 7.7/10 compared to 7/10, winning in 7 out of 8 scoring categories. Moomoo stands out for lower trading costs and better trading platforms, while Deriv fights back with smoother deposits & withdrawals.
Detailed Verdict
After testing both brokers with real accounts, Moomoo comes out ahead with a 7.7/10 overall rating, winning 7 out of 8 categories. Its strongest area is Platforms & Tools where it scores 9.0/10. Moomoo holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Deriv is not without merit — it scores 7/10 overall and excels in Platforms & Tools (7.5/10), winning 1 category. Traders who value smoother deposits & withdrawals may find Deriv the better fit. For a complete breakdown, read our full Moomoo review and Deriv review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Moomoo wins by 1.0 points
Moomoo wins by 1.5 points
Moomoo wins by 2.5 points
Moomoo wins by 1.5 points
Moomoo wins by 0.5 points
Moomoo wins by 2.0 points
Deriv wins by 0.5 points
Moomoo wins by 1.0 points
Full Feature Comparison
Fees & Costs
When it comes to trading costs, Moomoo has the edge with a score of 8/10 versus 7/10 for Deriv. Moomoo offers spreads starting from N/A, while Deriv starts from 0.5 pips. The minimum deposit at Moomoo is $0, compared to $5 at Deriv. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
Moomoo scores 9/10 for platforms compared to 7.5/10 for Deriv. Moomoo provides Moomoo App, while Deriv offers DTrader, DBot, DMT5, Deriv X. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. Moomoo is regulated by ASIC, MAS (Tier 1), while Deriv holds licenses from VFSC, FSC, LFSA (Tier 3). Moomoo scores 8/10 and Deriv scores 5.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, Moomoo leads with 8/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Moomoo and Deriv both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
Moomoo offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while Deriv provides 24/7 Live Chat, Email with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
Moomoo scores 7/10 for deposits and withdrawals, while Deriv scores 7.5/10. Moomoo accepts Bank Transfer, and Deriv supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto, E-wallets. Processing times, fees, and available currencies vary. Moomoo requires a minimum deposit of $0 versus $5 for Deriv. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Moomoo if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
Choose Deriv if you...
- Fast and flexible deposits & withdrawals are important
- You prefer Deriv's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is Moomoo better than Deriv?
Moomoo scores higher overall (7.7/10 vs 7/10), winning 7 of 8 categories. However, Deriv is stronger in smoother deposits & withdrawals. The best choice depends on what matters most to your trading style.
Which has lower fees, Moomoo or Deriv?
Moomoo scores higher for trading costs. Moomoo offers spreads from N/A with a $0 minimum deposit, while Deriv starts from 0.5 pips with $5 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Moomoo safe to trade with?
Moomoo is regulated by ASIC, MAS and scores 8/10 for regulation. Deriv is regulated by VFSC, FSC, LFSA with a score of 5.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Moomoo or Deriv?
Moomoo scores 9/10 for platforms. Moomoo offers Moomoo App, while Deriv provides DTrader, DBot, DMT5, Deriv X. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Moomoo vs Deriv?
Moomoo requires a minimum deposit of $0, while Deriv requires $5. Moomoo has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.