Company Summary
| Aspect | Information |
| Registered Country/Area | Malat |
| Founded Year | Not Specified |
| Company Name | Deriv |
| Regulation | FSA, FSC |
| Demo Account | Available |
| Minimum Deposit | $5 |
| Maximum Leverage | Not Specified |
| Spreads | Variable spreads from 0.0 pips |
| Trading Platforms | Deriv cTrader, MetaTrader 5, and Deriv X. |
| Customer Support | Live Chats, Physical Offices, and Community |
| Payment Methods | Cards, Online banking, E-wallets, Crypto, and more. |
Introduction
Deriv is an online trading broker that offers trading in multiple financial markets. The platform is designed with a user-friendly approach that makes it easy for traders with different experience levels. This Deriv broker review will discuss the key features of the platform. It will discuss the account types, transaction process, fees, security, and customer support. Lastly, the review will help you understand whether the platform is legit.
Deriv Overview
Deriv is a well-regulated and established trading platform. For over 25 years, the platform has offered advanced tools and features to traders around the globe. The broker operates on multiple trading platforms for CFDs and Options. The major platforms are Deriv X, Deriv MT5, and Deriv cTrader.
The broker aims to cater to trades with different needs and goals. The platform offers a secure trading environment due to its regulatory status and features like stop loss.
Trading Instruments by Deriv
The best feature of the platform is its variety of training products. It offers CFD trading in multiple assets. These allow traders to build their portfolios. These include:
Forex
The platform offers over 50 major, minor, and exotic currency pairs. It provides 24/5 trading in the global market, with 0% commission.
Commodities
The platform offers trading in top commodities around the globe. You can trade in metals and energies with no swap fees.
Stocks
The platform allows you to invest in over 50 global stocks from top companies. It offers multiple trading opportunities with a negative balance protection.
Cryptocurrencies
With Deriv, you get 24/7 access to popular digital currencies with unlimited trading opportunities. You get access to major coins and altcoins from the crypto market.
Synthetic Indices
Deriv offers unique trading assets called synthetic indices. It has a variety of indices that you can trade 24/7. These are virtual assets that you can trade without any risks.
Withdrawals and Deposits
With Deriv, you do not have to worry about how to deposit or withdraw your funds. The platform offers multiple payment methods for everyone. These include cards, online banking, vouchers, e-wallets, mobile payments, and cryptocurrencies.
The platform offers detailed information about the minimum withdrawal and deposit at the platform depending on the payment methods.
The transactions are done instantly but can take 3-4 business days, depending on the type of payment used. Some charge additional fees while certain payment methods have no charge involved.
Account Types offered by Deriv
Deriv does not offer multiple account types which can be difficult for some traders. The platform has one account type that offers various features to the traders.
The broker operates on different platforms like MT5 and cTrader. This platform offers separate accounts for traders with different needs and goals. Deriv offers traders competitive spreads and high-leverage options. Apart from these, the platform also has features like stop loss and negative balance protection to protect your funds.
Moreover, the platform offers a Demo account for beginners. These accounts let you trade with virtual funds without the risk of losing money. This way it is easier for you to learn and understand the platform. If you want to check out other regulated Brokers with several account types with their own benefits, you can chck out SmartSTP, Capitalix and TradeEU. Global.
