DerbyFX Review: Regulation, Spreads & Leverage
STP/ECN broker based in United Kingdom with MetaTrader 4, a $10 minimum deposit and leverage up to 1:400.
- STP/ECN
- 1:400 Leverage
Your money is at risk
In this DerbyFX review
DerbyFX overview: what kind of broker is it?
DerbyFX is an STP/ECN forex and CFD broker based in United Kingdom, founded in 2019. No.
Traders get MetaTrader 4, spreads from 0.1 pips, leverage up to 1:400 and a low $10 minimum deposit. New clients can also check the current 40% Forex Deposit Bonus.
Tradable markets include Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures.
DerbyFX broker specifications
Company and regulation
| Broker | DerbyFX |
|---|---|
| Regulated by | No |
| Type of broker | STP/ECN |
| Country | United Kingdom |
| Foundation year | 2019 |
| Website | Visit DerbyFX website |
| Website languages | English |
Trading conditions
| Minimum deposit | $10 |
|---|---|
| Maximum leverage | 1:400 |
| Minimum spreads | 0.1 pips |
| Base currencies | EUR / USD / GBP |
| Tradable instruments | Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | 40% Forex Deposit Bonus |
|---|---|
| Welcome bonus | 40% Welcome Bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | +44 1332 323020 |
|---|---|
| info@derbyfx.com | |
| Fax | info@derbyfx.com |
| Head office | England Office The Hideout, 9-11, Market Place, Little Chester, Derby, England, United Kingdom |
DerbyFX bonus
DerbyFX promotes a 40% Forex Deposit Bonus for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the DerbyFX bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the DerbyFX website before you claim.
DerbyFX pros and cons
Pros
- Regulated: No
- 40% Forex Deposit Bonus for new traders
- Low $10 minimum deposit
- Spreads from 0.1 pips, STP/ECN execution
- MetaTrader 4 on every device
- Islamic, mini, VIP and managed accounts
- 6 deposit and withdrawal methods
Cons
- Bonus comes with trading-volume rules
DerbyFX account types
DerbyFX offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $10 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
DerbyFX trading platforms
DerbyFX runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
DerbyFX deposit and withdrawal methods
The same 6 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is DerbyFX safe and legit?
DerbyFX is a regulated broker. No. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
DerbyFX is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
Who should choose DerbyFX?
Good fit for
- Traders who want MT4 and raw spreads
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
DerbyFX FAQ
Is DerbyFX regulated?
Yes. No.
What is the DerbyFX minimum deposit?
The minimum deposit to open a live DerbyFX account is $10.
Does DerbyFX offer a bonus?
DerbyFX currently promotes a 40% Forex Deposit Bonus for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at DerbyFX?
Leverage goes up to 1:400. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does DerbyFX use?
DerbyFX uses MetaTrader 4 (MT4), Mobile MT4,Web Platforms and More Trading Platforms.
Does DerbyFX offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at DerbyFX?
You can use Bank wire, Debit/Credit card, Neteller, Skrill, FasaPay and UnionPay.