Deriv Reviews: 9 Customer Ratings | Broker Test

12345
5 / 5
Rating of the Binaryoptions.com team
Withdrawal
5.0
Deposit
5.0
Offers
5.0
Support
5.0
Platform
5.0
Yield
4.9

Top Features of Deriv

  • Supports automated trading
  • Regulated trading
  • Multiple platforms
  • Different financial products
  • MetaTrader 5
  • High yield 90%+
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(Risk warning: Trading involves risk)
User’s Rating
12341
3.5 / 5
7 Positive
2 Negative

9 Deriv Customer Reviews

At the moment we have 9 reviews from Binary Traders about Deriv. Of the reviews, 78% are positive and 22% negative. On a star scale of 1 to 5, this results in an average rating of 3.5, which can be classified as positive.
User’s Rating
12341
3.5 / 5
All (9) Positive (7) Negative (2)
User Review
12123
2 / 5
 
Nelly Johnson 19.08.2024
Trading on Deriv has been more frustrating than I thought it would be. The platform is easy to use, but I've had some issues that make it hard to trust. For example, there was a time when I placed a trade based on a stable price, but the platform froze right when I needed it most. By the time it started working again, the market had moved, and I lost money. The charts don’t seem to update in real time, which makes it hard to trade properly. When I reached out to customer support, they were slow to respond and didn’t really solve the problem—they just told me to clear my cache, which didn’t help. Getting my money out has also been a hassle, with long delays that made me anxious.
User Review
12312
2.7 / 5
 
Max Green 14.08.2024
Having to wait so long for mobile money is really strange. The fact that quick access is still under development is discouraging, especially considering that these are among safe havens in times of crisis. Furthermore, this one incident sows seeds of mistrust, which, if left unchecked, will only multiply.
User Review
12312
2.8 / 5
 
Sarah Jack 10.08.2024
I've had some issues with Deriv, as it seems they’ve altered my stop loss, which has led to unexpected losses. I often wondered if I was making mistakes, but when I tried another broker, my trades performed well and hit take profit. Unfortunately, my Deriv account closed with losses. This issue even happened today with my GBP/USD trade.
User Review
12345
4.7 / 5
 
Morgan Fey 05.08.2024
I've been using Deriv for a few months now, and it's been great. The platform is super easy to use, and I love how smooth the whole trading process is. The returns on trades are pretty solid, and I’ve made some decent profits. Deposits and withdrawals are straightforward, and I haven't had any issues getting my money out. The customer support team is friendly and always ready to help. Overall, Deriv is a chill and reliable platform for anyone looking to trade without any hassle.
User Review
12312
2.5 / 5
 
Alex Martinez 31.07.2024
Just thought I’d share my experience as a beginner trading on Deriv. I’ve been on this platform for a couple of months now, so here’s the scoop. Starting with the good stuff, Deriv's platform is super sleek and easy to use. As a newbie, I found the layout intuitive, which made learning the ropes a lot less stressful. They offer a demo account too, which has been perfect for practicing without any financial risk. Plus, there are plenty of educational resources available that I found really helpful in understanding the basics. Now, for the not-so-great bits. One thing that really gets me is the occasional lag during peak trading times. It’s a real bummer when you’re trying to make timely decisions and the platform just isn’t keeping up. And speaking of slow, the customer service could definitely use a boost. They’re friendly enough, but I’ve had to wait a bit too long to get my issues resolved. The withdrawal process also left me a bit frustrated. It’s not the worst, but it’s definitely slower and more cumbersome than I’d like. There are a few too many steps and the waiting period feels longer than it should be, which is a drag when you’re eager to access your money.
› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

Deriv Review and Test By A Binaryoptions.com Expert

In this article, we will give you an in-depth Deriv broker review, also pointing at Deriv broker complaints and answering common questions: “Is Deriv a secure broker to trade with? Should you really sign up?“.

We’ve prepared this Deriv.com review to assist you in making the best-educated decision regarding whether to choose Deriv as a binary options broker or not. This article will assist you in determining if you can use this brokerage or if it is another scam.

Quick facts about Deriv:

⭐ Rating: (5 / 5)
⚖️ Regulation:Regulated by several authorities (5 different regulators)
💻 Demo account:✔ (available, unlimited)
💰 Minimum deposit5$
📈 Minimum trade:$ 0.50
📊 Assets:100+, Forex, commodity markets, equities, and synthetic indexes
📞 Support:24/7 phone, chat, email
🎁 Bonus: No-deposit welcome bonus available
⚠️ Yield:Up to 90%+
💳 Deposit methods:Bank wire transfers, credit cards, debit cards, e-wallets, and cryptocurrencies
🏧 Withdrawal methods:Bank wire transfers, credit/debit cards, e-wallets, and cryptocurrencies
💵 Affiliate program:Available
🧮 Fees:Low spreads and commissions apply. No deposit fees. No withdrawal fees. No hidden fees.
🌎Languages:English, Arabic, Spanish, French, Italian, Polish, Portuguese, Russian, Thai, Vietnamese, Turkish, German, Chinese, Japanese, Bangla, Korean
🕌 Islamic account:DMT5 swap-free 
📍 Headquarter:Cyberjaya, Malaysia
📅 Founded in:1999
⌛ Account activation time:Within 24 hours
› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

What is Deriv.com? – The broker presented

See our full video review here:

› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

Deriv.com was developed to honor Binary.com’s creativity and progress. It is the new brand of Binary.com, which was founded in 1999. Over the course of 20 years, the brokerage has evolved by concentrating on the requirements and interests of its clients and on innovations. It enables users to trade FX, commodity markets, equities, and synthetic indexes. 

To start Deriv broker review, let us first look at the foundation firm of Deriv: A brokerage Regent Markets Group, which was established in 1999 with the goal of making internet trading more available to the common people. The Group has since developed and renamed while remaining committed to its core objective. Binary.com offered binary options and was bought in 2000 when Regent Markets built its own branch in Malta.

Deriv.com trading platforms
Deriv.com trading platforms

Now, Binary.com has created and founded Deriv.com, which is a relatively fresh trading system in the industry. The latest website, which offers CFDs, binary options, and FX trading, is accessible through an internet interface called DTrader, a Metatrader framework (DMT5), as well as an automatic trading platform named DBot.

After two decades of providing services to its retail customers, Binary.com recently experienced a rebranding to the fresh and better interface called Deriv. The binary platform now has a broader asset offering, a better user interface, and a newly designed logo.

Binary.com’s approximately 1 million clients, who are involved in 43 million transactions per month as well as $6 million in monthly payouts, will gradually transfer to Deriv.com.

It has branches in Malta, Malaysia, The British Virgin Islands, Vanuatu, St. Vincent and the Grenadines, and Guernsey. Nowadays, it is a multi-regulated brand and brokerage company.

Overview of the pros and cons of Deriv:

Advantages:
  • Friendly customer support
  • Secure and regulated
  • Backed and developed by Binary.com
  • Offers binary options (yield up to 90%+), forex, CFDs
  • Leverage up to 1:1000
  • Great user-interface
  • Many tradable assets
  • Clients and development are prioritized
  • Customer service that is both competent and kind
  • Binary.com provided support and development
  • Return multipliers are used to boost the possible earnings
  • 3 distinct trading platforms are available
Disadvantages:
  • Several countries do not have access to it
  • Signup incentives and recurring offers are rare
  • Doesn’t offer any copy or social trading tools
  • No promo codes available
› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

Is Deriv regulated? – Regulation of the broker

Yes, Deriv is regulated by over 5 different regulation authorities. This makes clear that Deriv can work with the regulation standards in many countries. The company is regulated by the Malta Gaming Authority, the Labuan Financial Services Authority, the British Virgin Islands Financial Services Commission, the Vanuatu Financial Service Commission and The Financial Commission.

Regulation safeguards consumers against fraudsters. Several frauds are circulating online these days, so we must be cautious. As investors, we understand that protecting our investments is our main consideration when determining where to invest. Regulations are highly important in the trading sector since a brokerage cannot function legally unless they are licensed and supervised. This protects you since the brokerage is considered to be legitimate and reliable because of these regulations.

Is Deriv a legit broker? Is Deriv a scam broker? Well, it is absolutely legit and safe. In fact, it is a reputable brokerage that is licensed in numerous jurisdictions. Deriv is supervised in the European Union by the Malta Financial Services Authority (MFSA) which is one of the most securest regulators of the world.

Deriv.com MFSA regulation
MFSA regulation

The firm is authorized by the Vanuatu Financial Services Commission (FSC) as well as the British Virgin Islands FSC for clients beyond the EU. Furthermore, Deriv.com, the broker, is supervised by Malaysia’s Labuan FSA. Since its inception in the trading market, Deriv has been considered a trustworthy broker. The organization is honest and cherishes the confidence of its consumers.

Deriv.com is regulated by the VFSC
VFSC regulation
› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

Safety for customers on Deriv

As a trader, we need to verify the safety of our funds while making trade decisions. Deriv.com is a brokerage that guarantees its users’ funds are not involved in any of its business activities by separating them in a safe and registered organization. The user has the right to withdraw their funds at any moment. 

Moreover, a user remains protected when Deriv becomes bankrupt; every bit of the customer’s funds would be refunded to them because it was not combined with the firm’s capital.

Deriv is indeed concerned about the safety of the firm and clientele. As a result, the firm has implemented one of the finest security protocols, like SSL encryption, to safeguard its users’ funds and confidential information.

The firm promises to comply with strict legal and ethical norms. Furthermore, the firm urges its clients to trade safely and safely. Deriv’s so-called ‘practice safe and sensible trading’ is illuminating and assisting clients in their trading experience.

Some facts about the security of Deriv:

Regulation:– The Malta Gaming Authority (MGA/B2C/102/2000)
– The Labuan Financial Services Authority (MB/18/0024)
– The British Virgin Islands Financial Services Commission (SIBA/L/18/1114)
– The Vanuatu Financial Service Commission
The Financial Commission
SSL:Yes
Data protection:Yes
2-factor authentication:Yes
Regulated payment methods:Yes, available
Negative balance protection:Yes
› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

Trading conditions: What are the offers on Deriv?

Quick facts about the trading offers of Deriv:

Minimum trade amount: Less than $1
Trade types:Binary Options, digital options, forex, CFDs, multipliers
Expiration time of Binary Options:60 seconds up to 4 hours
Leverage:Up to 1:1000
Markets: 100+
Forex:Yes
Commodities:Yes
Indices:Yes
Cryptocurrencies:Yes
Stocks:Yes
Maximum return per Binary Options trade:Up to 90%+
Execution time:Below 1 ms (no delays)
Trading time:24/7

Leverage and limitations:

Investors use Ceriv.com because of the variable leverages it provides. Traders have access to leverage of up to 1:1000.

These variable leverages enabled investors to increase their anticipated profits by moving to a larger lot size with little investment.

It is crucial to remember that margin limits and leverage ratios will differ depending on the type of account and country in which the profile is registered. For the EU-regulated entity, the maximum leverage available is 1:30. All other traders outside of Europe can enjoy a leverage of up to 1:1000.

Regulator:Leverage:
Europe (Malta):Maximum 1:30
Other regulators:Up to 1:1000

Review of the Deriv trading platforms

Deriv trading platforms
Different Deriv.com trading platforms

You can get access to all platforms in your account dashboard. The following platforms are available to every user:

  • Deriv Trader (DTrader) – For Binary Options and multipliers trading
  • Deriv Bot – Automated trading software
  • Smart Trader (legacy platform of Binary.com) – Options trading platform
  • BinaryBot (legacy platform of Binary.com) – Automated trading software
  • Deriv GO – Mobile trading app
  • Deriv MetaTrader 5 – Platform for forex & CFDs
  • Deriv X – Web platform for CFDs

In the next section we will have a deeper look into the trading platforms.

› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

1. DTrader (Deriv Trader)

Deriv Trade - DTrader
Deriv DTrader Platform

The DTrader system, which can be customized, has a simple design and more than 100 traded assets. With analytical signals and gadgets, charts can be customized to match the demands of traders. Trading options can also be customized, with contract sizes as small as $0.5 and trading durations ranging from 1 second to 1 year.

Maximum payoffs are also more than 200 percent. The DTrader platform is a fantastic development in trading systems and supports the right features for technical analysis and professional charting.

From our experience, it is the best-developed platform on Deriv, and you should use it for sure when you want to trade Binary Options or Multipliers.

Here are the advantages of the DTrader:

  • Low minimum trade amount of $ 0.50
  • Trade Binary Options and Multipliers
  • Multiple types of Binary Options are offered (Rise/Fall, Higher/Lower, Touch/No Touch)
  • More than 100 assets available
  • Multi-Charting
  • Technical tools (indicators, analytic tools, drawing tools)
  • Smooth interface to make quick trades
› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

2. Dbot

Deriv Bot (DBot)
DBot

Deriv’s DBot system does not require programming. It is a technique generator to trade digital options that are available over the internet. This system includes an automatic bot that executes transactions on your behalf. 

Essentially, it is a platform on which a user can create their own trade bot by dragging and dropping ‘blocks.’ It comes with three pre-built tactics on Deriv and has 50 assets to help you launch your bot, and it costs nothing to create. It offers strong research tools, well-developed signals, and clever concepts such as book profit and stop-loss.

This clever approach optimizes earnings while limiting losses. DBot is simple to operate and extremely efficient. It also includes a monitor that tells you about your bot’s performance with every transaction done. All alerts are delivered through Telegram. You can efficiently and simply create your personal trade bot.

Here are the advantages of the DBot:

  • Does not require programmatic languages
  • Easy to use
  • Adjust professional strategies
  • Quick backtesting
  • Automated trading

3. SmartTrader

The Smart Trader of Deriv
SmartTrader

The SmartTrader was developed by Binary.com and is now implemented into Deriv.com. The biggest adanvatage here is the simplicity of the platform. From our perspective, it is a good platform for doing scalping because Tick-Charts are offered.

The SmartTrader operates as a trading system for digitized options. The benefit is that you have additional features and alternatives for initiating a trade in this. The ordering screen is available right in front of you and provides the finest operation. You can view the graph and perform a visual analysis by scrolling down. It has a segment for newbies that explains “how to trade.”

Here are the advantages of the SmartTrader:

  • Developed by Binary.com
  • Easily understandable interface
  • Tick-Charts
  • Perfect for quick trades and scalping
› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

4. BinaryBot (legacy platform of Binary.com)

BinaryBot by Deriv
BinaryBot

The BinaryBot is basically the same like the DBot. It offers you to create automated strategies based on logical building blocks. It is your choice if you are using the BinaryBot or the DBot.

5. Deriv GO (mobile app)

Deriv Go App
Deriv GO Apps

The Deriv GO App is made for trading Binary Options and multipliers on the go. Unfortunately, due to our review, we found out that this app is not available for European traders because of the regulations. European traders can use the DMT5 app instead for trading Forex and CFDs.

Deriv GO offers the same features as DTrader, just as the mobile version. It has a powerful interface which is easy to understand. Enjoy multi-charting with a huge range of indicators. There are zero commissions on more than 100 available assets to trade with a high return of up to 90% (in case of a right forecast.

Overall, if you need to trade on the go, this app is perfect for the trader’s needs. But we recommend always to trade on your computer because you will have more opportunities for analysis than on small mobile displays.

Here are the advantages of the Deriv GO app:

  • Available for Android and iOS
  • Offers the same functions as the DTrader
  • User-friendly
  • Customizable
  • No commissions
  • Fast trade execution

6. Deriv MetaTrader 5 – DMT5

Deriv DMT5
The DMT5 (MetaTrader 5)

The DMT5 is the MetaTrader 5 offered by Deriv.com. The MetaTrader 5 is one of the most popular trading platforms out there. So it is a big advantages that this software is offered by Deriv.

It is an excellent combo for traders of all skill levels. It is totally customizable, allowing traders to build up indicators and trading regions as they see fit. Various trade panels can be opened at the same time, or single panels can be separated and relocated as needed.

Asset categories are simple to identify and explore — The system has over 100 products, and this count is constantly expanding as the business grows. Leverage of up to 1:1000 is also provided. Moreover, trade volumes ranging from micro-lots to 30 regular lots are offered.

Here are the advantages of the DMT5:

  • Available for any device (desktop, mobile app, web)
  • Customized indicators available
  • Automated trading supported
  • 1-Click-Trading
  • Supported by many brokers
  • There is a huge community of traders who are using the software

7. Deriv X

Deriv X Trading Plattform
Deriv X

Deriv X is a web-based trading platform with more possibilities to adjust the software to the traders needs. It is a highly customizeable interface which can be used for Forex and CFD Trading.

On the left side you see the market terminal where you can pick over 100 assets to trade. In the middle there is the chart where you can do you analysis and also 1-click trading. Below that you will find the market-depth. This feature is important to all high-volume traders and scalpers.

It is possible to adjust these windows as you like and open new features like orders, trade, history, watchlist, journals and technical analysis.

Deriv X support ultra-fast trading via the market list or Market Depth. With one click you can open your order to the next best price available.

Here are the advantages of Deriv X:

  • Highly customizable features
  • Forex and CFD Trading are offered
  • Best for fast-trading
  • 1-click trading is offered
  • Adjustable interface
  • Professional trader tools
› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

Account types offered by Deriv:

Let us tell you a little more about the Deriv Broker. The platform offers 3 different account options with access to different trading assets.

Account feature:Data:
Minimum deposit:$ 5
Available currencies:€/£/$
Verification:Required
Account types:3 different account types
Islamic accounts (swap-free):Available
Deriv.com trading steps

#1 Synthetic Account

This account enables trade on synthetic indices, which are indexes meant to imitate the movements of actual assets. Still, these assets are not affected by real-life activities like central bank announcements, financial reports, etc. This account’s leverage can be extended up to 1:1000.

The account allows you to trade all over the week, making it extremely handy. Since no other brokerage provides synthetic assets to trade with, it is the most preferred account option on Deriv.com.

#2 Financial Account

This standard account allows both novice and professional traders to deal with commodities, cryptos, main (regular and micro-lots), and small currency pairings with substantial leverages. This account provides users with a high level of leverage and changeable margins for optimum convenience.

#3 Financial STP Account

This account allows you to trade with minor, exotic, and major currency pairings with narrow margins and huge trading volumes. This is a 100 percent book account in which investors’ trades are sent directly to the marketplace. 

Traders now have direct access to the FX liquidity provider. An impartial third party audits these accounts for impartiality and enables users to trade contracts for difference (CFDs) on synthesized indexes.

#4 Free Demo Account

Deriv provides a demo account as one of its fundamental mission as a brokerage that supports safe and ethical trading. The organization encourages its customers to recognize that trading is a critical practice that has a significant level of risk. 

This free demo account is available on every Deriv platform and is easy to access. All you need is a Deriv login to use your account. The demo account requires your email address and you will be redirected to it immediately. This demo account has $10,000 in fictitious money.

› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

How to sign up for an account on Deriv?

Creating an account on Deriv is simple and quick. You just need to have is a valid email address, and you can signup instantly. If you have an old account on Binary.com, you can also use the same login ID and password to access Deriv.

Sign up with Deriv
The Deriv sign-up form

The procedure of creating an account with Deriv is straightforward. The steps are as follows:

  1. Browse to the Deriv homepage 
  2. In the signup screen, select the “Create free demo account” option or sign up using a social networking site.
  3. Specify your email address, tick the box, and then press the “Create demo account” option.
  4. A mail with a hyperlink to validate your Deriv registration will be sent to your email account. To verify, select the “Verify my email” option.
  5. Now, you will be redirected to a new screen where you may set up a new demo account, specify your location, provide an account password, and hit “Start trading.”

Cheers! Your Demo Account setup is complete! You will get $10,000 virtual money to trade with your Demo Account.

Create a real account on Deriv

To open a real account, follow the below-mentioned steps:

  1. Select the “Real” tab on the left side of the “Demo” tab.
  2. Below that, you will “Deriv Accounts,” select the “Add” option.
  3. Then, select the currency and then press the “Next” button.
  4. Provide your personal information and then select “Next.”
  5. Input your location information and then select “Next.”
  6. Review Deriv’s Terms of Service, tick the box, and then hit the “Add account” option.
  7. Your Real Account signup is complete.
› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

Payment methods for deposit and withdrawals on Deriv:

Payment methods for deposits on Deriv

Bank wire transfers, credit/debit cards, e-wallets, and cryptocurrencies are all acceptable methods of deposit. Bank money transfers require as little as $5 of initial deposit.

Basic payments of 10 $ / £ / € are needed while using Visa or MasterCard credit and debit cards.

E-wallets like Skrill, Neteller, Fasapay, Webmoney, Paysafe, and many others are accessible with a nominal investment of $5.

Real-time deposits are offered for bank wire transfers, card payments, and e-wallets.

Cryptocurrencies can be used to deposit money as well. BTC, Ether, LTC, and Tether are examples. There is no minimum payment requirement for them. 3 blockchain approvals are required to complete the transactions.

How to deposit via the Cashier on Deriv:

If you want to deposit on Deriv, you have to use the Cashier. From our experience, it is a clever system to combine all payment methods and deposit options in one menu. See the screenshot of the Cashier menu below

Deriv Deposit via the Cashier
Deposit via the cashier

Deriv offers you to choose 5 different options before a deposit:

  • Deposit via bank wire, credit card, and e-wallet
  • Deposit cryptocurrencies
  • Buy cryptocurrencies via fiat (you can buy crypto and directly deposit it on Deriv)
  • Deposit via payment agents (choose a payment agent that is authorized in your country to send money)
  • Deposit via Deriv P2P (own exchange of Deriv for money transfers)

The deposit via payment agents or Deriv P2P is a good advantage over other brokers because they give people in countries where the payment system is not developed at its best to deposit on Deriv.

After you choose the payment method, you just type in any amount you want to deposit and connect the platform to your payment system (if it is necessary). The deposits are instantly credited to your trading account with the most methods.

About the withdrawal:

Withdrawals offer choices similar to deposits. According to the operator, a bank transfer would begin with a minimum withdrawal of $5.

It can take up to 2 days to complete. For bank cards, the least withdrawal is $10 and takes a maximum of one day to process.

Note: MasterCard and Maestro withdrawals are available for traders from the United Kingdom only.

To withdraw money using an e-wallet, at least 5 of the main currency must be withdrawn. It is completed within 1 business day.

Furthermore, Bitcoin has the least withdrawal amount amongst cryptocurrencies, at 0.0026. It takes one day to execute using 3 blockchain confirmations.

Clients of Deriv.com doesn’t levy extra charges to withdraw earnings, just as they are not charged for deposit. As a result, Deriv is among the best available and cost-effective brokerages for withdrawals and deposits.

› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

Are bonuses available on Deriv?

No, Deriv does not offer any bonuses anymore. You should contact customer support if you come across any ads or information about bonuses.

Bonuses are no longer offered on Deriv
Bonuses are no longer offered on Deriv

The 2018 EU regulation of the ESMA forbids all bonus offers to European clients. So, as Deriv is a European company, they stopped providing bonuses.

Nonetheless, it’s worth focusing on Deriv’s homepage for potential fresh signup incentives and existing client benefits.

Additional fees:

The only additional fee that can occur is an inactivity fee when your account is inactive for more than 12 months. Then Deriv will charge you a $ 25 inactivity fee every 6-month period when you stay inactive.

Deriv.com does not charge any fees or charges for deposits or withdrawals, market data, or platforms.

Customer support

Deriv customer support
Deriv customer support

Customer assistance is accessible 24/7, much like trading. The global support desk’s telephone support number is +44 1942 316889.

Customer service can be reached at support@deriv.com. There are 2 ways to reach Deriv.com customer service:

Support Center: – This is a self-service facility that assists in identifying solutions to a wide range of queries about accounts and any difficulties on the system.

Ask the community: — This facility provides a list of concerns that existing users have answered, and the user can utilize these responses to discover the best possible solution.

Availability:Phone (English):Email:Languages:
24/7+44 1942 316889support@deriv.com13 Castle Street, St. Helier, JE2 3BT, Jersey

Accepted and banned countries

Deriv only enables users above the age of 18 to use its products. Furthermore, this firm’s services are not available in nations like Hong Kong, The United States, and Canada.

Suppose you are a citizen of Malta, Canada, France, Hong Kong, Israel, UAE, Malaysia, Paraguay, the United States, or a prohibited nation listed by the Financial Action Task Force (FATF) as exhibiting significant inadequacies. In that case, you will be unable to set up an account on Deriv.

› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

Comparison of Deriv with other binary brokers:

If we compare Deriv with other brokers, we can say that Deriv is one of the best binary brokers out there. We have given Deriv 5 out of 5 stars. Its unique selling point is the regulation by several authorities and the excellent user experience.

Here is a comparison between IQ Option and Pocket Option and Deriv:

1. Deriv2. Pocket Option3. IQ Option
Rating: 5/55/55/5
Regulation:Regulated by multiple authoritiesIFMRRC/
Digital Options: YesYesYes
Return:Up to 90%+Up to 93%+Up to 100%+
Assets:100+100+300+
Support:24/724/724/7
Advantages:Multi-regulated and secureOffers 30-second tradesOffers CFD and forex trading as well
Disadvantages:Not available in every countryNo phone supportNot available in every country
➔ Sign up with Deriv➔ Visit the Pocket Option review➔ Visit the IQ Option review

See more alternatives in our comparisons with other brokers:

Wrapping up – Is Deriv legit or not? – We think, yes!

In this Deriv trading review, we want to give you the answer to whether Deriv is legit. The answer is yes. Deriv has been functioning legally in the trade market for over two decades and has been upgraded, improved, and is continually developing. From our experience, the organization drives development and has made it a priority to provide excellent service to its consumers. The redesign provided additional options and alternatives for traders in terms of how they wanted respective trades to go.

It allows you to invest and pick from over 100 instruments, including Forex, equities, commodities, and indexes. The platforms are straightforward, user-friendly, and robust. The firm offers hefty leverage of approx. 1:1000. The tools have been developed and improved, and customer care is efficient and polite. 

We recommend Deriv.com because of its expertise, verified statistics, and commitment to servicing its clients through its goods and facilities. So we rate it with 5 out of 5 stars. We can state that Binary.com’s makeover is solid, well-thought-out, and worthwhile.

› Sign up for free with Deriv now!

(Risk warning: Your capital can be at risk)

Most Asked Questions:

Is Deriv safe?

Deriv is a legitimate trading platform that is completely supervised and honest, featuring excellent operating standards, minimal transaction costs, and excellent service execution, assisting clients in accomplishing their dreams. It is suitable for all sorts of users with varying degrees of expertise.

How does Deriv make money?

Deriv makes its major earnings from advertisement and affiliate programs.

What exactly is the distinction between Deriv and Binary.com?

Deriv.com is the Binary.com company’s most recent iteration and makeover. Binary.com will eventually be scrapped and succeeded by Deriv.com.
With an existing username and password, Binary.com users can log in to the system and view earnings and trades just on the Deriv.com site.

Is it possible to earn on Deriv?

Here on the Deriv.com website, you may earn money by trading forex pairings, synthetic indexes, and cryptos. Currency trading, being the largest trading sector, sees significant quantities of funds exchanged on a regular basis. Unlike other trade systems, this market eliminates actual items and delegation.

Do withdrawals on Deriv require verifications?

No, unless requested, you will not have to validate your Deriv registration. If your registration needs to be verified, the firm will notify you through emails to begin the procedure and give you detailed information on how to produce the documentation.

Is Deriv a good broker?

Deriv can be considered to be a good broker because the trading conditions are excellent. There is the option to start with a risk-free demo account. If traders have any questions, they can always contact a competent customer support team. They respond within the shortest possible time. All these facts make Deriv an excellent choice.

Is Deriv legit or not?

It is straightforward and transparent, and Deriv is entirely legitimate and trustworthy. Deriv is a legitimate binary options broker with a license. They provide trading systems that are easy to use and convenient to explore. Traders always provide great responses and ratings depending on their support. So, if you wonder whether Deriv is authentic or a fraud, look no further. We can assure you that Deriv is really trustworthy and legit.

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(RIsk warning: Your capital can be at risk)