Deriv Overview

Deriv (formerly Binary.com) is a pioneering online trading platform established in 1999. With over 20 years of experience, Deriv has built a strong reputation for innovation, particularly in synthetic indices and contract-for-difference (CFD) trading. The platform serves over 2.5 million traders worldwide and is known for its proprietary trading platforms, extensive asset selection, and flexible trading conditions.

Key Features of Deriv

Deriv offers a unique trading experience with innovative features that set it apart from traditional brokers:

Synthetic Indices

Round-the-clock markets that simulate real-world volatility

Proprietary Platforms

DTrader, DBot, and DMT5 tailored for different trading styles

Flexible Trading

High/low options, multipliers, and CFD trading all in one place

Diverse Assets

Forex, stocks, indices, commodities, cryptocurrencies, and synthetics

Pros

  • Innovative synthetic indices available 24/7
  • Multiple proprietary trading platforms
  • Strong regulatory framework with multiple licenses
  • Low minimum deposit requirement ($5)
  • Advanced trading tools like DBot for automated trading
  • Wide range of tradable assets

Cons

  • Limited traditional forex trading tools compared to MT4/MT5 brokers
  • Not available to clients in some countries (e.g., USA, Canada)
  • Withdrawal processing can take up to 24 hours
  • Educational resources could be more comprehensive
  • No telephone support

Deriv Account Types

Deriv offers two main account types with the ability to create sub-accounts for different trading strategies:

Account Type Minimum Deposit Features Platforms Leverage
Demo Account $0 (Virtual) Risk-free practice with $10,000 virtual funds All Platforms Up to 1:1000
Real Account $5 Access to all assets and trading options All Platforms Up to 1:1000
Financial Account $5 Additional financial instruments All Platforms Up to 1:1000

Regulation and Safety

Deriv is regulated by multiple financial authorities worldwide, ensuring a secure trading environment:

MFSA (Malta)
FCA (UK)
VFSC (Vanuatu)
LFSA (Labuan)

Client funds are kept in segregated accounts with top-tier banks, and the company employs robust security measures including SSL encryption and two-factor authentication to protect client accounts.

Trading Platforms

Deriv offers multiple proprietary trading platforms, each designed for specific trading styles:

DTrader

User-friendly platform for quick trades on various markets

DBot

Automated trading platform with visual strategy builders

DMT5

Deriv's version of the popular MetaTrader 5 platform

Deriv GO

Mobile app for trading on the go with simplified interface

Deposits and Withdrawals

Deriv supports a variety of payment methods for deposits and withdrawals, including:

Most deposit methods are processed instantly, while withdrawals are typically processed within 24 hours on business days. Deriv does not charge fees for most deposit and withdrawal methods.

Final Verdict: Is Deriv Right For You?

Rating: 4.3/5

Deriv is an innovative trading platform that stands out for its synthetic indices and proprietary trading tools. It's an excellent choice for traders interested in non-traditional markets and those who appreciate having multiple platform options tailored to different trading styles.

While it may not offer the traditional MT4/MT5 experience that some forex traders prefer, its unique features and flexible trading options make it appealing to a wide range of traders. The low minimum deposit and strong regulatory framework add to its attractiveness.

Best for: Traders interested in synthetic indices, those who prefer proprietary trading platforms, beginners with small accounts, and automated trading enthusiasts.

Not ideal for: Traditional forex traders who prefer MT4/MT5, traders in restricted countries, and those who require telephone support.

Ready to Start Trading with Deriv?

Open an account today and explore innovative trading opportunities

Open Deriv Account

Frequently Asked Questions

Is Deriv a regulated broker?

Yes, Deriv is regulated by multiple authorities including the Malta Financial Services Authority (MFSA), the UK Financial Conduct Authority (FCA), the Vanuatu Financial Services Commission (VFSC), and the Labuan Financial Services Authority (LFSA).

What is the minimum deposit for Deriv?

The minimum deposit is $5 for real money accounts. Demo accounts are available with $10,000 in virtual funds.

What are synthetic indices?

Synthetic indices are simulated markets that mimic real-world market conditions but are available 24/7. They include volatility indices, crash/boom indices, and jump indices that aren't affected by real-world events.

Does Deriv offer MetaTrader platforms?

Deriv offers DMT5, which is their version of MetaTrader 5 with additional features and assets specific to Deriv.

Can I use automated trading on Deriv?

Yes, Deriv offers DBot, a platform that allows you to create, test, and run automated trading strategies without coding knowledge.