Deriv.com Broker Review (2023) ++ Scam or not? | Real test
Deriv.com (Binary.com)
Deriv.com ( Binary.com ) is a reputable broker. Recently, the broker has been developing and improving its products and services in order to better serve its clients. By this event, the company launched Deriv as a new brand. How is Deriv different from the old brand? The broker claims to be flexible and reliable with over 100 trading assets on offer to trade including binary options. in this review We'll discuss whether Deriv is worth a shot or not.
(Risk Warning: Your capital may be at risk)
What is Deriv? – the company is an agent
Deriv launched and developed to celebrate Binary.com's innovation and growth. This broker has been developing for over 20 years, focusing on the needs and requirements of the clients. as well as innovation Allows traders to trade Forex Commodities, Stocks and Synthetic Indices Deriv Broker's founding company is Regent Markets Group, whose mission is to make online trading more accessible to the masses. Which was established in 1999, then the group has developed and rebranded. But accepting more founding missions This company offers binary options. It was first acquired in 2000 when Regent Markets opened its first office in Malta.
after one year The company has launched BetOnMarkets.com which is the first platform to offer binary options to retail traders. over the years The company has been growing and winning many awards over the years. In 2013 BetOnMarkets was rebranded as Binary.com. Until now, the company continues to expand and grow in the trading industry. Binary.com is renamed to Deriv. that has been updated new trade type and a variety of chart applications A more advanced and evolving platform, Deriv was created to be a place where people can trade what they want and how they want.
Watch our full video review:
Facts about Deriv:
⭐ Rating: | 5 / 5 |
🏛 Established: | 1999 |
💻 Trading Platform: | MetaTrader 5, Deriv x, Deriv EZ, Deriv Go, SmartTrader |
💰 Minimum deposit: | $5 |
💱 Account Currency: | EUR, USD, GBP |
💸 Withdrawal limits: | no |
📉 Minimum Trade Amount: | $1000 trading volume / 0.01 lot |
⌨️ Demo Account: | yes |
🕌 Islamic Account: | yes |
🎁 Bonus: | no |
📊 Assets: | Forex, Derived, Stocks, Indices, Commodities, Cryptocurrencies |
💳 Payment methods: | Credit Cards- Debit Cards, E-wallets, Online Banking, Cryptocurrency |
🧮 Fees: | from 0.015 pip spread, variable overnight fees |
📞 Support: | 24/7 support via live chat and Whatsapp |
🌎 Languages: | 16 languages |
(Risk Warning: Your capital may be at risk)
Is Deriv regulated – regulation and safety for clients?
Regulations act as your protection from scammers. There are many scams online these days and we have to be on the lookout. as a trader We know that the security of our funds is of the utmost importance when making decisions and placing our investments. Regulation is very sacred in the world of trading. because without permission and control The broker will not be able to operate legally. This serves as your protection. knowing that with this regulation The broker is known to be legit and reliable.
Deriv is regulated by several bodies that ensure their systems are in place to protect their customers. These regulators include Malta Financial Services Authority (MFSA) , the Labuan Financial Services Authority (Labuan FSA) with license number MB/18/0024, the Vanuatu Financial Services Commission (VFSC) , and the Commission British Virgin Islands Financial Services . Deriv has been known as a reliable broker since its inception in the trading industry. The company is honest and values the trust of customers.
Deriv is regulated by the following:
- Malta Financial Services Authority (MFSA)
- Labuan Financial Services Authority (Labuan FSA)
- Vanuatu Financial Services Commission (VFSC)
- British Virgin Islands Financial Services Commission
(Risk Warning: Your capital may be at risk)
financial stability of client funds
before making any investment Traders need confidence in the safety of our funds/funds . Deriv is a broker that assures clients that their funds/funds are not being used for any business gain. In addition, traders can withdraw funds at any time. In addition, traders are protected against the unlikely event that Deriv goes bankrupt, all client funds are returned. with them due to the fact that such funds have never been merged with the company's funds.
The company claims to have the highest ethical standards and regulatory requirements. In addition, the broker encourages traders to practice safe and responsible trading. what is called Deriv's 'Practice Safe and Responsible Trading' enlightens and assists clients how to stay safe in their trading journey on the broker's official website. You will find a page where you can read more about it.
In addition, the security of the company and its clients is very important to Deriv, which is why the broker enforces the best security measures such as SSL encryption to protect clients' accounts and personal data.
Summary of financial and regulatory stability:
- Multi regulated broker
- separate client funds
- Customer Protection Program
- Practice safe and responsible trading.
- Has SSL encryption
What are the pros and cons of Deriv?
With more than ten years of trading experience We know exactly what you should look for to find your perfect broker. All providers have their own perks and pros and cons. Below you will find the most important ones for Deriv.
Advantages of Deriv | Disadvantages of Deriv |
✔ One of the lowest spreads and fees in the industry | ✘ Tutorials on the website may not be enough for beginner traders. |
✔ A regulated and trusted company with offices around the world | ✘ Deriv is not available to customers in the United States and Canada. |
✔ 24/7 live chat support | |
✔ Low minimum deposit | |
✔ Lots of deposit and withdrawal methods available | |
✔ The platform supports automated trading. | |
✔ Leverage up to 1:1000 | |
✔ Platform supported and developed by binary.com |
Is Deriv an easy-to-use broker?
Whether or not Wheater Deriv is an easy-to-use broker will be answered in this section. We have ranked usability in various aspects. And we'll give you an overview here.
criterion | score |
General website design and setup | ★★★★★ Clean website setup with fast loading speed. and the website is well structured |
application process | ★★★★★ It only takes an email and 2 minutes to sign up for an unlimited demo account. Real account approval is pretty fast too. |
use of trading area | ★★★★★ Rich and easy-to-understand trading platforms |
mobile app usage | ★★★★ The mobile app works flawlessly and lets you trade from anywhere. |
Review of trading conditions for clients
Deriv offers more than 100 assets, including Forex. Commodities, Stocks and Synthetic Indices Binary options are also available with this broker. The broker offers its clients three types of accounts: Financial Account (Standard), STP Financial Account and Synthetic Account. These accounts will be discussed later in this review. In addition, the platform is simple, easy to use, yet competitive. Deriv has a proven track record as a reliable broker for over 20 years of operation in the trading industry.
It is safe, secure and regulated by multiple regulatory bodies. The company does not combine client funds with its own funds. Deriv assures traders that their funds are safe and segregated and allows clients to withdraw funds at any time. There is customer money protection mentioned above, this checks in terms of financial security that in the event of Deriv's insolvency all funds will be returned to the customer. We can say that Deriv has high leverage. which can go up to 1:1000
Trading conditions:
- free demo account
- Max. leverage is 1:1000.
- Minimum deposit €/£/$ 5
- More than 150 assets (Forex, Derived, Stocks, Indices, Commodities, Cryptocurrencies)
- Trade 24/7 every weekend
- binary options (High Return 100%), Forex Trading, CFD Trading
- Execute trades quickly
- Support for automated trading
- Simple but competitive platform
(Risk Warning: Your capital may be at risk)
Testing the Deriv Trading Platform
Deriv offers six types of trading platforms optimized by the company for a better trading experience.
Deriv Trading Platform:
- Deriv MetaTrader 5
- Deriv X
- Deriv-EZ
- SmartTrader
- Deriv trader
- Deriv bot
Deriv MetaTrader 5
Deriv's MetaTrader 5 (MT5) platform, the DMT5, is an online multi-asset platform designed to give both beginner and experienced traders access to a wide range of financial markets. The platform offers more than 70 assets with leverage up to 1:1000. The platform is free to download. The maximum number of lots is 30 and the charting capabilities of this platform are advanced and professional. There are well-developed technical indicators that provide a hassle-free trading experience for all types of traders. This platform is considered the choice of professionals worldwide among other Deriv platforms.
Deriv X
Deriv X is a customizable multi-asset trading platform offering CFDs for Forex. Commodities Stocks & Indices Cryptocurrencies Deriv X offers a rich trading experience that allows you to customize your trading environment with Deriv X as a trading platform. You will have over 100 tradable assets to choose from.
Deriv-EZ
Deriv EZ is an easy-to-use CFD trading platform that gives you instant access to all your favorite assets. There are no additional account IDs or passwords to remember. So you can fully focus on your trading. Trade on Deriv EZ and access a wide range of assets across Forex, Shares and Indices, Commodities. digital currency and index obtained
SmartTrader
SmartTrader is also a trading platform for digital options. The good thing is that you get additional functions and options for opening trades. The order mask is in front of you and gives you the best execution. Below you can view the chart and perform chart analysis. for beginners There is a section with a description of “How to trade”
DTrader
Deriv's DTrader platform is a download-free web platform. It's a powerful platform. The platform is simple but easy to use. DTrader offers more than 50 tradable assets, a minimum stake of $0.35, and possible payouts of more than 200%. The charting capabilities of this platform are advanced and have technical indicators. good You can customize it according to your needs. Duration options are very flexible. by working from 1 second to 365 days / 1 year
(Risk Warning: Your capital may be at risk)
DBot
Deriv's DBot platform requires no coding. It is a web-based strategy creator for trading digital options. The platform has automated bots that do the trading work for you. Basically It is a platform where traders can create their own trading bots using drag and drop 'blocks'. It has three pre-built strategies. More than 50 assets to unleash your bots. and no cost to build Good analytical tools Well developed indicators and smart logic such as Take-Profit and Stop-Loss.
This smart logic maximizes profits and limits losses. DBot is very simple and easy to use. There is also a tracker that informs you about how the bot performs with each trading operation. These notifications are sent via Telegram. You can create your own trading robot quickly and easily.
(Risk Warning: Your capital may be at risk)
Deriv teaches you to trade: how to trade
Deriv has partnered with Binary.com and offers their clients binary options. First you need to choose a broker to trade with. Then select the asset or market you want to trade. Deriv allows clients to trade binaries including Forex. Commodities, Stock Indices and Synthetic Indices Then choose an expiration time or duration. Note that options can expire anytime between 30 seconds and a year. After that decide the size of the trade, then select the option whether to click 'Call', 'Put' / 'Buy' or 'Sell'. Finally, check everything. And if you are sure about your trade go and confirm.
Step-by-step tutorial:
- Choose the asset or market you want to trade.
- Choose an expiration time or duration.
- decide the size of the trade
- Select the option whether to click 'Call', 'Put'/'Buy' or 'Sell'.
- Review and confirm trades
- Waiting for the result (win or lose)
(Risk Warning: Your capital may be at risk)
Deriv offers professional charting and analysis.
Deriv's charting capabilities are advanced and customizable. Charts and technical analysis are very important in trading. Charts allow traders to track price history and market movements. While technical analysis is examining and predicting price movements in financial markets. when used together effectively You can expect better trading results and determine what moves to take next.
We've noticed that Deriv's charting is intuitive, easy to understand, and professionally created. We can say it's nice and convenient. Plus, you can customize the charts as you like. Deriv also has advanced technical tools and good indicators.
- customizable charts
- chart type
- indicator
- professional setting
- template
(Risk Warning: Your capital may be at risk)
Free Deriv Demo Account
Deriv offers a demo account as part of their core as a broker promoting safe and responsible online trading. The Company wants its clients to understand that trading is a serious activity and requires high investment risks. You can get this demo for free on all platforms offered by Deriv and it's easy to access. The demo account only needs your email. And you will be redirected to the demo account immediately. This demo account has $10,000 in virtual money.
We recommend traders to get a demo account and familiarize yourself with the platform first. Trading requires money with high risk. And we don't want accidental trading operations. The demo account comes with virtual money where you can practice your strategies and standing skills. It's best to prepare yourself before you actually start trading.
How to open your account
Creating an account with Deriv is quick and easy. All you need is a working email and you can sign up right away. If you have a Binary.com account, you can also use your Binary.com account credentials to log in with Deriv.
(Risk Warning: Your capital may be at risk)
Deriv account type (DMT5 only)
Deriv offers traders 3 account types for Forex and CFD trading . Financial account (standard) offers the ability to trade commodities. Cryptocurrencies, majors (standard lots and micro lots), and minor currency pairs are offered with high leverage to both new and experienced traders. High and variable spreads for maximum flexibility
The Financial STP Account allows you to trade major, minor and exotic currency pairs with tight spreads and higher trading volumes. It is a 100% A Book account where traders pass directly to the market. This gives traders direct access to forex liquidity providers . The synthetic account. Trade 24 hours a day and seven days a week. This account has been reviewed for fairness by an independent third party. And it allows traders to trade Contracts for Difference (CFDs) on synthetic indices.
| ACCOUNT TYPE: | synthetic | finance | STP Finance |
|---|---|---|---|
| LEVERAGE: | up to 1:1000 | up to 1:1000 | up to 1:1000 |
| MARGIN CALL: | 100% | 150% | 150% |
| STOP LEVEL: | 50% | 75% | 75% |
| PROPERTY: | 10+ | 50+ | 50+ |
(Risk Warning: Your capital may be at risk)
Review of deposit and withdrawal methods
Deriv offers several payment methods for its customers to make deposits. and withdrawal Payment procedures in trading are very important for every trader. This makes a lot of sense since trading involves money and revolves around money in addition to stocks and assets, etc. Deriv makes sure their customers are hassle-free and have a wide range of payment processing options. Payment methods including bank transfer. Credit/debit cards, e-wallets and cryptocurrencies
The minimum deposit and withdrawal amount is usually €/£/$ 5 when using e-wallets. There are different minimum amounts. which will be shown below
Available payment methods:
- bank transfer
- Credit/Debit Card
- electronic wallet
- digital currency
All your deposits and withdrawals are usually processed within one business day, however, it also depends on the payment method you choose. Important to know: You can open your account with fiat money or cryptocurrencies.
| PAYMENT METHOD: | bank transfer | Credit/Debit Card | electronic wallet | digital currency |
|---|---|---|---|---|
| DEPOSIT PROCESSING TIME | immediately | immediately | immediately | 3 Blockchain Verification |
| WITHDRAWAL PROCESSING TIME | 1-2 business days | 1 business day | 1 business day | 1 business day + 3 blockchain verifications |
More details on using bank transfer as a payment method:
| WAY: | BANK TRANSFER | PAYTRUST | HELP2PAY | PHOENIX DRAGON | ZINGPAY |
|---|---|---|---|---|---|
| MIN. – MAX DEPOSIT | 500 – 100,000 | 25 – 10,000 | 5 – 10,000 | 10 – 10,000 | 10 – 10,000 |
| MIN. – MAXIMUM WITHDRAWAL | 500 – 100,000 | do not have | 5 – 10,000 | 10 – 10,000 | 10 – 10,000 |
| CURRENCY | USD EUR GBP AUD | dollars | dollars | USD EUR GBP AUD | USD EUR GBP AUD |
For debit/credit cards:
| WAY: | VISA | MASTER CARD | MAESTRO |
|---|---|---|---|
| MIN. – MAX. DEPOSIT | 10 – 10,000 | 10 – 10,000 | 10 – 10,000 |
| MIN. – MAX. WITHDRAWAL | 10 – 10,000 | 10 – 10,000 | 10 – 10,000 |
| CURRENCY | USD GBP EUR AUD | USD GBP EUR AUD | USD GBP EUR AUD |
Please note that Mastercard and Maestro withdrawals with Deriv are only available to UK customers.
Here are more details on using e-wallets as a payment method:
| WAY: | FASAPAY | PERFECT MONEY | SKRILL | NETELLER | WEBMONEY | QIWI | PAYSAFE | STICK PAY |
|---|---|---|---|---|---|---|---|---|
| MIN. – MAX. DEPOSIT | 5 – 10,000 | 5 – 10,000 | 10 – 10,000 | 5 – 10,000 | 5 – 10,000 | 5 – 200 (USD) 5 – 150 (EUR) | 5 – 1,000 | 5 – 10,000 |
| MIN. – MAX. WITHDRAWAL | 5 – 10,000 | 5 – 10,000 | 5 – 10,000 | 5 – 10,000 | 5 – 10,000 | 5 – 180 (USD) 5 – 150 (EUR) | 5 – 750 | 5 – 10,000 |
| CURRENCY | dollars | USD EUR | USD GBP EUR AUD | USD GBP EUR AUD | USD EUR | USD EUR | USD GBP EUR AUD | USD GBP EUR |
For cryptocurrencies:
| WAY: | BITCOIN | ETHEREUM | LITECOIN | TETHER |
|---|---|---|---|---|
| MIN. DEPOSIT | no minimum | no minimum | no minimum | no minimum |
| MIN. WITHDRAWAL | 0.0028 | 0.024 | 0.12 | 25 |
| CURRENCY | BTC | conflict of interest | LTC | UST |
Please note that the minimum withdrawal amount using cryptocurrencies varies depending on the latest exchange rates. and the numbers shown above have been rounded.
In addition, for all of the above payment methods The fee depends on the type of payment method selected. Your bank may incur a fee for the money transfer service.
(Risk Warning: Your capital may be at risk)
Fees and Costs for Deriv Traders
The minimum deposit for a Deriv trader is €/£/$ 5. However, the deposit amount depends on the type of payment method you wish to use. Deriv also charges a dormant fee. dormant fee It is like an inactivity fee where any account has not transacted buying or selling for more than 12 consecutive months. (own choice or as the company decides)
Important facts:
- The minimum deposit is €/£/$ 5.
- Trading commissions starting from 0,015% for FX & CFDs.
- Charged inactivity fee after 12 months (25$ dormant fee)
Is there negative balance protection at Deriv?
It depends on the type of account you have. The negative balance of an MT5 Derived account is automatically set to zero if it reaches a negative balance due to a Stop-Out. The only exception is for MT5 Financia accounts. The holder of this type of account must deposit the relevant amount in their account. before trading can continue
How does a broker make money from you?
Deriv earns its clients through a combination of spreads and fees. First of all, spreads play an important role in their revenue. When a client trades an asset, Deriv offers bid and ask prices. There is a difference between the two known as the spread. Deriv makes a profit by collecting part of this spread as compensation for facilitating trades. This difference serves as the transaction cost for the client. Deriv Broker also charges various fees such as commissions. for trading operations on behalf of clients
Deriv Support and Services:
You can expect professional customer support agents to be available to assist you with Deriv customer support over the phone. (International Help Desk) available 24 hours a day on weekdays. The phone number is +44 1942 316229 . You can also email their customer support at support@deriv.com . Deriv also has a FAQ section or Help Center on its official web page. where you'll find helpful answers to basic questions you know.
Facts about support and services:
- Professional customer support
- Operations: Weekdays 24 hours
- Live chat 24/7
- FAQ/Help Center
Accepted and Forbidden Countries
Clients 18 years of age or older are allowed by Deriv. In addition, this broker's services are not available for countries such as the United States, Canada, and Hong Kong.
to be more specific You cannot create an account with Deriv if you reside in Canada, France, Hong Kong, Israel, Jersey, Malaysia, Malta, Paraguay, UAE, United States, or any other restricted country that has been identified by the Financial Action Task Force (FATF) as having strategic flaws.
(Risk Warning: Your capital may be at risk)
Which broker is the best alternative to Deriv?
Now we have discussed the pros and cons of brokers in detail. And you should be able to make an informed decision if the broker is the best fit for you. If you still have questions Here are some of our favorite alternatives that are worth considering.
Summary of Review: Is Deriv Legit – We Think: Yes High Yield Broker
Deriv has been operating legally for over 20 years in the commercial industry. It has been improved, developed and continues to grow. The company promotes innovation and places great importance on customer service. The rebranding provides more opportunities and options for traders on how they want their trade to proceed.
It offers the ability to trade and choose from more than 100 assets including Forex, Stocks, Commodities and Indices. The platform is simple, easy to use, yet competitive. The leverage of this broker is wide, up to 1:1000. make it better And the customer support is smart and friendly. We recommend this broker because of their professionalism. Proven Statistics and dedication to serving traders through products and services. We can say that this Binary.com rebrand is well thought out and worth a shot.
strength:
- Customer focus and innovation
- Smart and friendly customer support
- safe and controlled
- Powered and developed by Binary.com.
- offer binary options (HIGH Yield 100%), Forex, CFDs
- Leverage up to 1:1000
- More than 100 assets (Forex, Commodities, Stocks, Indices)
- well developed platform
- Support for automated trading
weakness:
- Not available in some countries.
Deriv review
summarize
Deriv is a secure trading platform with competitive spreads and no hidden fees.
Deriv.com is an innovative trading platform with high payouts. Reliable and safe for all types of investments 
(5 / 5)
(Risk Warning: Your capital may be at risk)
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