Deriv Broker Review

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Deriv is an online financial and brokerage services provider founded in 1999. It has a goal of providing online trading to the masses through innovative and revolutionary services. This broker has more than 20 years of experience in the market, as well as a high-level client support for its wide customer base. 

Deriv Security and Licenses

Deriv was created by Regent Markets Group, which owns and manages it to this day. This broker remained true to its core principles from the day it was established, with its most significant features as reliability and integrity. It holds itself to the highest security and ethical standards set in the industry. Deriv.com’s sister brand name is Binary.com, which is also owned by Regent Markets Group. The latter soon rebranded as Deriv Group and the former two operated under its umbrella. The sister brand names have offices in multiple jurisdictions across the world, establishing its global presence.

Deriv Investments Ltd (Europe) is licensed and regulated under the Malta Financial Services Authority. It holds the right to provide trade investment products and services to those within the EEA. More than that, Deriv holds EU passporting rights, which makes it eligible to offer services all across Europe. It offers brokerage services in 26 EU countries. Some of the jurisdictions where Deriv operates and is regulated are: Deriv (FX) Ltd Malaysia, which is regulated by the Labuan Financial Services Authority and Deriv (BVI) Ltd British Virgin Islands, which is registered by the British Virgin Islands Financial Services Commission. 

Deriv (V) Ltd is licensed and regulated by the Vanuatu Financial Services Commission, which also regulates Deriv’s other brand Champion Group Ltd. Lastly, Deriv (SVG) LLC operates in Saint Vincent and the Grenadines. Furthermore, Deriv Group holds a membership in The Financial Commission, a dispute resolution body to brokerage firms in the financial services industry. 

Deriv Services and Features

As already stated above, Deriv provides innovative services across all of its branches. To begin with, Deriv offers up to four unique trading platforms to choose from. 

DTrader: Traders can customize trading charts with the built-in indicators and widgets. It offers more than 50 assets to trade, and uses a clean interface for easy navigation. It offers a lot of potential payouts that could go up to 200%. The DTrader platform is revolutionary in its right and offers a good customization feature that offers quality client experience. 

DBot: This trading platform offers automated trading for investors with tight schedules. Clients can opt for algorithmic investing and gain access to more than 50 instruments. Clients can create trading bots for free by following a five-step process. There are also built-in trading strategies that all traders can easily access. 

DMT5: Deriv uses the MT5 platform, which is equipped with enterprise-grade tools, indicators, and features as expected of the classic MetaTrader platform. It is easy to navigate because it uses a simple but intuitive interface that is jam packed with rich features. Clients have the option to set charts and open positions with ease. They can also trade more than 70 assets and use a 1:1000 leverage. 

Deriv has a lot of quality features to offer, including competitive trading conditions that maximize the market opportunities for all traders. This lets traders enjoy unlimited possibilities in the financial markets. 

Assets

Deriv provides traders the opportunity to trade in four markets, which are: currencies, commodities, stock indices, and synthetic indices. Deriv supports over 50 currency pairs, which spans from majors, minors, and exotics. It offers the opportunity to trade some of the largest U.S., Asian, and European stock indices, as well as a decent number of synthetic indices tradable 24/7 on constant volatility that replicates real market conditions. Deriv also offers commodity trading in gold and silver, as well as oil. 

Spreads, Commissions, and Leverage

Deriv provides tight spreads and a leverage of up to 1:1000. This broker also charges minimal to zero fees, allowing traders to enjoy the full gains of their trades. It also offers competitive spreads and transparency in fee processing. Some of the extra fees that Deriv charges include an inactive account fee which only begins charging at the 12th month of inactivity. Moreover, the margin requirements and leverage depend on the account the client chose, as well as the country they are trading from. EU clients can only use up to 1:30 leverage for foreign exchange due to European regulations. 

Deriv Conclusion

Deriv has proven to be a veteran in the trading industry with more than 20 years of global presence. It offers a wide range of trading and financial services and has managed to cultivate a clean reputation along the way. It also provides competitive trading conditions that maximize market opportunities for traders and allow them to have an unparalleled client experience.