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Deriv Review 2023

Updated:
4.0
Trust
3.1
Fees
3.7
Platforms and Tools
4.5
Customer Support
3.5
Tradable Instruments
4.5
Account Types and Terms
4.1
Deposit and Withdrawal
5.0
Research
3.1
Education
4.4
While we adhere to strict editorial integrity, this page may refer to our partners' products. Here's how we make money.Learn how we make money and our review methodology.

Please note: The Deriv review is based on a Financial Account, using the MT5 desktop and mobile platforms, opened with Deriv (SVG).

The offer of some products and platforms varies depending on the country of residence of the client.

The Big Picture

Founded in 1999, Deriv is a multi-asset online broker with headquarters in Malaysia. The broker operates five entities regulated globally.

Deriv offers the highly popular MT5 platform and a range of in-house platforms providing access to forex, stocks, ETFs, commodities, indices, and cryptocurrencies. Deriv has a very high number of deposit and withdrawal options, which are available in multiple currencies, including cryptocurrencies.

We evaluated Deriv across 9 categories (Trust and Stability, Fees, Tradable Instruments, Account Types, Deposit and Withdrawal, Research, Customer Support, Education, and Platform and Tools).

Deriv Key Takeaways for 2023

  • Deriv has a high number of deposit and withdrawal options available in multiple currencies.
  • The broker provides access to MetaTrader 5 as well as to Deriv X, Dtrader, Dbot, and SmartTrader platforms, while offering a wide range of tradable instruments.
  • The spreads for EUR/USD, GBP/JPY, and Gold were low, while the spreads for WTI oil and Tesla were high. The high inactivity fee also had a negative impact on the score.
  • Deriv operates under five entities around the world.
  • The broker doesn’t provide phone support and wasn’t able to answer one of the questions of our customer support test.
  • Deriv provides a limited amount of research and educational materials.

Who is Deriv For?

Deriv offers trading in CFDs, options, and multipliers, which is interesting for advanced traders who are willing to expand their range of tradable instruments. Deposits at Deriv start at just $5, which is good for beginner traders.

Deriv Pros and Cons

Pros Cons
  • Wide range of deposit and withdrawal options. 
  • Options and multipliers available. 
  • Lack of research and educational content. 
  • There is room for improvement in the customer support quality. 

 

broker

71% of retail investor accounts lose money when trading CFDs with this provider.

 

About the Author

Vladimir Zernov
Vladimir is an independent trader and analyst with over 10 years of experience in the financial markets. He is a specialist in stocks, futures, Forex, indices, and commodities areas using long-term positional trading and swing trading.
Read More

How Do We Rate?

When trading forex and CFDs, it is crucial to know a broker's strengths and weaknesses. That is why FX Empire developed its proprietary rating system. We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers. A total of 200 variables have been analyzed to help you choose your broker wisely. This chart describes all the categories we evaluated and rated.
How Do We Rate Chart
Visit our methodology page to learn more about our review and rating process.
Deriv Main Features
☑️
Regulations
BVI FSC (Virgin Islands, British), MFSA Malta (Malta), LFSA (Malaysia), VFSC Vanuatu (Vanuatu)
🗺
Supported Languages
English, Spanish, German, French, Arabic, Russian, Portuguese, Japanese, Chinese, Italian, Thai, Bengali, Vietnamese, Polish, Korean, Turkish
💰
Products (CFD)
Currencies, Commodities, Indices, Stocks, Crypto
💵
Min Deposit
$5
💹
Max Leverage
1:1000 (BVI FSC), 1:30 (MFSA Malta), 1:1000 (LFSA), 1:500 (VFSC Vanuatu)
📊
Trading platforms
MT5, Proprietary
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Check if...
unknownDeriv accepts clients from your country:
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71% of retail investor accounts lose money when trading CFDs with this provider.

Deriv Full Review

Trust

3.1
How Do We Test A Broker's Trust?
When choosing a broker, trustworthiness is one of the most important things to keep in mind. Always check the broker's regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable. These factors, calculated into our score, will help you understand if your money is safe.

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Deriv operates under five entities around the world. One of them is regulated by a Tier 2 regulator, three entities are regulated by Tier 3 regulators, and one entity is not regulated.

Deriv Regulations

Deriv operates under five entities:

MFSA license
MFSA license

Why is It Important to Know Where Your Broker Subsidiary Is Regulated?

Each regulator has its requirements for brokers, which may differ materially. Such requirements include leverage levels and specific protections offered to investors, including negative balance protection, segregated accounts, and investor compensation funds. Traders must understand the differences between regulations to evaluate whether the broker suits their needs.

With Deriv, traders can open an account with five entities. The choice depends on the client’s location and on the instruments the client wants to deal with.

Deriv (SVG) LLC is a St. Vincent and the Grenadines entity which is not subject to regulatory oversight. Clients from the rest of the world except the EU and restricted countries such as the U.S., Canada, and Hong Kong can open accounts with this entity.

Deriv (V) Ltd is regulated by VFSC, a Tier 3 regulator. Clients in the rest of the world who wish to trade CFDs and derived indices can open accounts with this entity.

Deriv (BVI) is regulated by the BVI FSC, a Tier 3 regulator. Clients in the rest of the world who wish to trade CFDs and derived indices can open accounts with this entity.

Deriv (FX) Ltd is regulated by LFSA, a Tier 3 regulator. Clients in the rest of the world who wish to trade CFDs on forex and cryptocurrencies can open accounts with this entity.

Deriv Investments (Europe) is regulated by MFSA, a Tier 2 regulator. Clients in the European Union can open accounts with this entity.

The broker holds clients’ funds in segregated accounts, which means that clients’ money is not used for the broker’s business purposes. The use of segregated accounts boosts the safety of clients’ funds in case the broker has financial problems.

According to the General Terms of Use, negative balance protection applies according to local regulations. Negative balance protection ensures that clients cannot lose more money than they have in their accounts. The MFSA-regulated entity provides negative balance protection.

We have summarized key aspects of the broker’s entities in terms of regulation and safety in the table below:

Entity Deriv (SVG) LLC Deriv (V) Ltd Deriv (BVI) Ltd Deriv (FX) Ltd Deriv Investments (Europe) Limited
Country/Region St. Vincent & the Grenadines VFSC (Vanuatu) FSC BVI LFSA (Malaysia) MFSA
Regulation Unregulated Tier 3 Tier 3 Tier 3 Tier 2
Segregated Funds Yes Yes Yes Yes Yes
Negative Balance Protection No No No No Yes
Compensation Scheme No No No No Up to €20,000
Standard Leverage  Up to 1:1000 Up to 1:1000 Up to 1:1000 Up to 1:100 Up to 1:30

Is Deriv Safe to Trade With?

Deriv has entities regulated by Tier 2 and Tier 3 regulators, as well as one entity that is not subject to regulatory oversight. The choice of the entity depends on the client’s location and the instruments the client wants to deal with. The entities hold clients’ funds separately from the firm’s funds. Negative balance protection is ensured by the MFSA-regulated entity.

Stability and Transparency

In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focused on how long the broker has been in business, how big the company is, and how transparent it is in terms of information being readily available.

Founded in 1999, Deriv is not publicly traded and does not have a bank parent, which is a usual case for a broker. Deriv received a decent score for fee structure transparency, regulation protection transparency, and general transparency.

The important documents can be found in the terms and conditions section of the broker’s website. These documents include General terms of use, Trading terms, Funds & transfers, Security & privacy, Risk disclosure, as well as Additional terms for certain entities.

In order to get a complete picture of the accounts offered by the broker, the potential client should open a demo account, which contains the account information in an easy-to-grasp form. While the process of the demo account opening is very easy, the absence of an easy-to-use account comparison table on the broker’s website led to a medium score in the fees structure transparency category in our rating.

In summary, our findings indicate that Deriv can be regarded as having a decent level of trust and stability due to the following factors:

  • Regulated by Tier 2 and Tier 3 regulators.
  • More than 24 years in business.
  • High general transparency and regulation protection transparency.

Fees

3.7
How Do We Test A Broker's Fees?
Broker fees can be difficult to understand. We test the broker's platforms and examine commissions, spreads, and overnight fees to ensure that you can determine if trading with this broker is worth your time and money.

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Deriv offers competitive spreads for some instruments but compensates with wider spreads for other instruments and a dormant fee above the industry average.

Trading Fees

For this review, we tested the Deriv Financial account, where the broker charges spreads and swap/rollover fees but has no commissions. Spreads are variable and depend on the liquidity situation in each instrument at a certain point in time.

Deriv Spreads

We tested the spread on the Deriv Financial Account during the London open at 8:00 a.m. UK time and just after the US open at 2:45 p.m. UK time. These are the most actively traded times.

Instrument Live spread AM Live spread PM
EURUSD 0.5 0.6
GBPJPY 1.4 1.2
Gold (XAUUSD) 17 25
WTI Oil 0.06 0.06
DAX  1.4 1.7
Dow Jones  3.5 3.5
Apple n/a 0.61
Tesla n/a 1.15
Bitcoin 23.63 23.63

Deriv offers low spreads for EUR/USD, GBP/JPY, and Gold. The spreads for Apple, Dax, Dow, and Bitcoin are medium, while the spreads for WTI oil and Tesla are high.

Swap Fees

Instrument Swap Long Swap Short
EUR/USD -6.68 3.39
GBP/JPY 24.1 -30.11

My tests showed that EUR/USD swap fees were moderate, while GBP/JPY tests were high compared to the industry average.

Non-Trading Fees

Deriv has a dormant account fee of $25 after 12 months of inactivity. The fee will be charged for every six-month period when your account remains dormant.

Additionally, Deriv MT5 real account may be archived if inactive for 30 days. To reactivate the account, you can reach out to its Help Center. Any funds pending in your Deriv MT5 account will be transferred to your Deriv account.

Are Deriv Trading Fees Good?

Deriv received an average score in the Fees category in our rating. The broker offers low spreads for EUR/USD, GBP/JPY, and Gold.

Platforms and Tools

4.5
How Do We Test A Broker's Platforms and Tools?
Platforms are where you trade, so they must be secure, fast, and accessible while offering you the tools you need to succeed. Each broker's desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other 'need to know' features.

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Deriv received a high score in the Platforms and Tools category in our rating. The broker offers the highly popular MT5 platform and a number of in-house platforms.

Deriv Desktop and Web Platforms

In our review, we tested the MetaTrader 5 platform analyzing charts, indicators, drawing tools, orders, and the general ease of use of the platform.

Traders should note that while Deriv provides MT5, it also has other platforms including Deriv X, Deriv EZ, SmartTrader, DTrader, Deriv GO, and DBot. The broker intends to soon introduce a copy trading tool for their clients, offering them the chance to replicate the trading strategies of successful traders.

Deriv MT5 platform
Deriv MT5 platform

General Ease of Use

MT5 is an advanced trading platform that could be tailored to traders’ needs. The interface is rather intuitive, although some traders may want to search for tutorials to take a deep dive into MT5’s capabilities. In general, advanced traders would have no problems with MT5, while beginners have to spend some time learning the basics of this platform.

Beginner traders should go through various chart options, indicators, drawing tools, and orders. Also, they may need to learn how to create their watchlists and manage their trading positions. Nevertheless, this work requires some time and effort, traders who invest in that ultimately receive a powerful tool that helps achieve better trading results.

Charts

MT5 offers 97 indicators and 21 timeframes, which is more than enough to customize your charts and adjust them to your needs.

Trend indicators, oscillators, volumes, Bill Williams indicators, and custom indicators help to design the chart you need.

Available timeframes range from 1 minute to 1 month so they provide the trader with an opportunity to take a look at short-term developments and significant multi-month trends.

MT5 also supports objects:

  • lines
  • channels
  • Gann tools
  • Fibonacci tools
  • Elliott tools
  • shapes

Many traders use these popular tools to make decisions, so their presence is a must for any reputable trading platform.

Each chart could be displayed as a bar, a candlestick, and a line. Candlesticks are generally the most popular among traders as they suggest plenty of various patterns that are used for making trading decisions. Although, other types of charts also have their fans.

MT5 charts are accessible even to novice traders but they also offer enough options for experts.

Orders

MT5 offers all main order types including:

  • Market order. This order is used to buy or sell the instrument at the current market price. It is used when the trader needs to establish a position in the fastest possible way. The main downside of the market order is the necessity to pay a spread, which is a difference between the bid price and the ask price.
  • Limit orders. This order is used to buy or sell the instrument at a pre-set price or better. A limit order is used when the trader wants to get a specific entry point and is unwilling to pay the current market prices.
  • Stop-loss orders. Stop-loss orders are used to get you out of the position when the price is moving in the wrong way. The order is triggered when the price reaches a specified point.
  • Stop limit orders. This is a stop-loss order which puts a limit order instead of a market order when it is triggered. This is a dangerous way to get out of the position and it should be used only by experienced traders.
  • Trailing stop orders. This order allows you to set a stop order that will move if your open position trends in the right direction. This order is used to protect your profits in case the market direction reverses.

Different expiration types are available for all pending orders, including GTC (good-till-cancel), Today, Specified, and Specified Day.

Deriv MT5 Mobile App

In this review, we have tested the Deriv MetaTrader 5 Mobile App for Android.

General Ease of Use

The MT5 mobile app for Android is rather easy to use. It provides charts, quotes, account balance info, economic calendar, news, and other tools giving traders an opportunity to make informed trading decisions.

Charts

MT5 mobile app offers:

  • 30 technical indicators
  • 24 drawing tools
  • 9 timeframes
  • 3 chart types

This selection of options is sufficient for mobile-based trading. Typically, the mobile app is used when the trader does not have access to the desktop platform but needs to monitor the market and open positions. While the app is helpful in certain circumstances, it is not as efficient as the desktop platform, which remains the primary solution for traders who require fast and active trading capabilities.

Orders

In an MT5 mobile app, you can set market orders, limit orders, and stop orders. Trailing stops are not available on mobile trading terminals.

Tradable Instruments

4.5
How Do We Test A Broker's Tradable Instruments?
In this section, we check the broker’s market offering and how varied the instruments and asset classes are. It will allow you to check if they offer what you're looking for and what you can trade.

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Deriv received a high score in the Tradable Instruments category in our rating. The broker offers a high number of commodities, indices, and cryptocurrencies.

In its Financial Account Deriv provides access to 38 forex pairs, 13 commodities, 60 stocks, 31 ETFs, 11 indices and 43 cryptocurrencies. Traders should note that Deriv also offers options and multipliers in other accounts.

The number of available indices, commodities, and cryptocurrencies is high. The number of available forex pairs is medium, while the number of stocks is low.

What are CFDs?

CFDs (Contracts for Differences) are financial instruments that enable traders to speculate on securities without possessing the underlying assets. The key advantage of CFDs is the access to significant leverage, which is typically not available when trading other instruments. In this light, CFDs are very popular in short-term trading.

What Can You Trade with Deriv?

  • 38 forex pairs. The list includes popular forex pairs like EUR/USD, GBP/USD, and USD/CAD.
  • 13 commodities. WTI Oil, Brent Oil, Gold, Silver, and other commodities are available for trading.
  • 60 stocks. Traders can speculate on the popular stocks from the U.S. and Europe.
  • 31 ETFs. The list includes popular names like ARKK, DIA, and GLD.
  • 11 indices. Dow Jones, DAX, Nikkei 225, and other major indices are available for trading.
  • 43 cryptocurrencies. Bitcoin, Ethereum, Binance Coin, and other cryptos are on the list.
Forex Shares
EUR/USD| GBP/USD| USD/CAD Tesla | Apple | Airbus SE
Indices Cryptocurrencies
DAX | Dow | Nikkei 225 BTC | ETH | BNB
Commodities ETFs
WTI Oil| Brent Oil | Gold ARKK | DIA | GLD

In its Financial Account, Deriv offers forex pairs, commodities, indices, stocks, ETFs, and cryptocurrencies. The number of available commodities, indices, and cryptocurrencies is high. The number of available forex pairs is medium, while the number of stocks is low.

Customer Support

3.5
How Do We Test A Broker's Customer Support?
Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it.

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Deriv provides support via online chat, WhatsApp, and community forums 24/7 in over 20 languages, including Portuguese, Spanish, Turkish, Russian, Chinese, and French.

However, during our test, the customer support team didn’t answer one of the requested questions.

Customer support at Deriv
Customer support at Deriv

Deriv Customer Support Test

We have contacted customer support via online chat asking about account types and swap rates. The support team responded quickly and provided the necessary info on the types of accounts available at Deriv. However, the question on swap rates was not answered after many rounds of back-and-forth conversations between us and various support team members, which had a negative impact on the score.

Deposit and Withdrawal

5.0
How Do We Test A Broker's Deposit and Withdrawal?
The deposit or withdrawal process can be a tricky one. You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what to expect when trading with this broker.

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Deriv received an excellent score in the Deposit and Withdrawal category in our rating. The broker provides a high number of deposit and withdrawal options and does not charge deposit or withdrawal fees.

Deriv clients can deposit and withdraw money via credit/debit cards, e-wallets, and online banking systems.

Deriv Deposits

Deposit Method Base Currencies Fees Processing Time
Visa/Mastercard/Maestro/Diners Club USD, EUR, AUD, GBP No Instant
Perfect Money USD, EUR No Instant
Skrill USD, EUR, AUD, GBP No Instant
Neteller USD, EUR, AUD, GBP No Instant
Jeton USD, EUR, AUD, GBP No Instant
STICPAY USD, EUR, GBP No Instant
Airtm USD No Instant
Paylivre USD No Instant
OnlineNaira USD No Instant
AstroPay USD No Instant
1foryou USD No Instant
Advcash USD No Instant
Instant Bank Transfer USD No 1 working day
Help2Pay USD No 1 working day
ZingPay USD, EUR, AUD, GBP No Instant
Crypto BTC, ETH, LTC, USDC, USDT No As soon as confirmed
10Coins  USD No Instant
PIX USD, EUR, AUD, GBP No Instant
Local Vouchers USD No Instant

Deriv provides a high number of deposit options in multiple currencies, including cryptocurrencies.

Deriv Withdrawals

Withdrawal Method Base Currencies Fees Processing Time
Visa/Diners Club USD, EUR, AUD, GBP No 1 working day
Perfect Money USD, EUR No 1 working day
Skrill USD, EUR, AUD, GBP No 1 working day
Neteller USD, EUR, AUD, GBP No 1 working day
Jeton USD, EUR, AUD, GBP No 1 working day
STICPAY USD, EUR, GBP No 1 working day
Airtm USD No 1 working day
Paylivre USD No 1-2 working days
OnlineNaira USD No 1-2 working days
AstroPay USD No 1 working day
Instant Bank Transfer USD No 1 working day
ZingPay USD, EUR, AUD, GBP No 1 working day
Crypto BTC, ETH, LTC, USDC, USDT No Subject to internal checks
Help2Pay USD No 1 working day
10Coins  USD No 1 working day
PIX USD, EUR, AUD, GBP No 1 working day

Deriv does not charge fees for withdrawals. Most withdrawal methods take 1 working day to process, while crypto withdrawals are subject to internal checks.

Account Types and Terms

4.1
How Do We Test A Broker's Account Types and Terms?
In order to achieve your trading goals, you need to choose the right account. We evaluate each broker's account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account.

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Deriv offers spread-based CFD accounts as well as options and multipliers accounts. Swap-Free is also available. In the near future, the broker is going to open access to the Raw Spreads account.

CFD accounts at Deriv
CFD accounts at Deriv

The broker provides three CFD accounts (Derived, Financial, Deriv X). Deriv also offers several in-house platforms to trade options and multipliers. To test the broker’s services without risk, traders can open a demo account. The account opening process is simple – click on the “create free demo account” link on the front page of the website and open an account within minutes.

Why is Choosing the Right Account Type Important?

The account you choose must suit your needs. Typically, the trader should focus on base currency options, contract size, commission, fees, the number of pending orders/positions, and the minimum deposit size.

What Account Types does Deriv Offer?

Account  Derived Financial Deriv X

Commission

(excluding equities)

No No No
Spread variable variable variable
Minimum Deposit $5 $5 $5
Leverage Up to 1:1000 Up to 1:1000 Up to 1:1000
Swap-Free Account No No No
Demo Account  Yes Yes Yes

Derived account and Financial account are available on the MT5 platform. Derived Account offers access to Synthetics, Baskets, and Derived FX. Financial Account provides access to Forex, Stocks, Stock Indices, Commodities, ETFs, and Cryptocurrencies.

Deriv X Account is available on the Deriv X platform and offers access to Synthetics, Baskets, Derived FX, Forex, Stocks, Stock Indices, Commodities, ETFs, and Cryptocurrencies.

Swap-Free Account

Deriv offers a swap-free account on the MT5 platform with no rollover fees. The swap-free MT5 account includes instruments from both account types (Derived and Financial), such as synthetics, forex, stocks, stock indices, cryptocurrencies, and ETFs.

What is CFD leverage?

CFD Leverage allows you to avoid paying the full value of the position. Instead, you pay a deposit, which is called margin, while the remaining funds are borrowed.

In the Deriv case, the maximum leverage is up to 1:1000 for traders who open accounts with Deriv (SVG) LLC, Deriv (V) Ltd, and Deriv (BVI) Ltd. This is an extremely high level of leverage so traders should use appropriate risk management techniques when using this type of leverage. Traders who open an account with Deriv (FX) Ltd have access to leverage of up to 1:100, while traders who open an account with Deriv Investments (Europe) Limited have access to leverage of up to 1:30.

Deriv Account Opening Process

The account opening process is simple and straightforward. Traders need to register with Deriv and get access to the client portal, where they can finish the account opening process.

To open an account with Deriv:

  • Step 1: Register with Deriv by clicking on the “create free demo account” on the front page of the website.
  • Step 2: Choose the “real” option in the Trader’s hub.
  • Step 3: Click on “get” Deriv account.
  • Step 4: Choose your account currency.
  • Step 5: Provide your personal details.
  • Step 6: Provide your address.
  • Step 7: Provide your identity information.
  • Step 8: Agree to the terms of use.

What is a demo account?

A demo account is an account that allows you to test the broker’s services and your trading skills without risking your money.

Please note that your trading experience will differ when you use a demo account compared to a real-money account due to human psychology, as traders find themselves under pressure when real money is at stake.

It’s a good idea to use the demo account for practicing and learning the trading platform, but do not spend too much time on the demo. In the Deriv case, click on “create free demo account” to open a demo account.

71% of retail investor accounts lose money when trading CFDs with this provider.

Research

3.1
How Do We Test A Broker's Research?
Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition. Staying on top of important market news announcements and being aware of big themes can be very helpful. The rating system provides a clear picture of how well your broker fulfills this service.

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Deriv’s research support is mostly limited to a weekly blog. The blog includes market reports that review developments in forex, commodities, cryptocurrencies, and stocks.

Market reports at Deriv
Market reports at Deriv

Deriv has a dedicated blog that contains market reports. These reports discuss the developments in popular markets like stocks, commodities, forex, and cryptocurrencies.

The broker also provides access to several trader tools, including margin calculator, swap calculator, pip calculator, PnL for margin calculator, and multipliers calculator.

Deriv also provides access to Deriv MT5 signals for copy trading.

Education

4.4
How Do We Test A Broker's Education?
Educating yourself on how to trade the financial markets can make the difference between success and failure. We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders.

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Deriv provides educational content through a dedicated blog. Traders can benefit from the articles with some basic information about online trading types and strategies. The content fits mostly for beginners who just start their journey in financial markets.

The above-mentioned blog also contains educational articles covering various topics, like Forex, Commodities, or Strategies and Tips. The content is focused on the needs of beginner traders.

Deriv's educational articles
Deriv’s educational articles

The Bottom Line

Deriv has been in business for more than 24 years. The broker operates under five entities: Deriv (SVG) LLC (unregulated, St. Vincent & the Grenadines), Deriv (V) Ltd (VFSC, a Tier 3 regulator), Deriv (BVI) Ltd (BVI FSC, a Tier 3 regulator), Deriv (FX) Ltd (LFSA, a Tier 3 regulator), Deriv Investments (Europe) Limited (MFSA, a Tier 2 regulator).

Traders can choose between MT5 accounts and in-house platform accounts. Demo accounts are available for practice before risking real money.

Deriv provides access to forex, stocks, commodities, indices, ETFs, cryptocurrencies, options, and multipliers. Deposits start at just $5. Traders can use multiple deposit and withdrawal options available in various currencies, including cryptocurrencies.

FAQ

Where is Deriv based?
Deriv has headquarters in Malaysia and offices all over the world.

Is Deriv safe?
Deriv has five entities. The MFSA-regulated entity, which is available to EU residents, provides the highest level of protection, including an investor compensation fund. St. Vincent and the Grenadines entity does not offer the same high level of protection as it is not subject to regulatory oversight.

How does Deriv make money?
Deriv charges spreads and swap/rollover fees.

Is Deriv good for beginners?
Deriv has a low minimum deposit, which is good for beginners. However, the broker provides limited research and educational support.

How do I deposit into a Deriv account?
Clients can use debit/credit cards, e-wallets, online banking, and cryptocurrencies to deposit funds into a Deriv account.

What is the min. deposit for Deriv?
The minimum deposit is $5.

How do I withdraw money from Deriv?
Clients can use debit/credit cards, e-wallets, online banking, and cryptocurrencies to withdraw funds from a Deriv account.

How long does it take to withdraw money from a Deriv account?
Most withdrawal methods take 1 working day to process.

What is the max leverage in Deriv?
The maximum leverage is 1:1000.

How do I open an account with Deriv?
To open an account with Deriv, click on “Create free demo account” on the front page.

What platforms does Deriv offer?
Deriv offers MetaTrader 5, Deriv X, DTrader, DBot, SmartTrader, Binary Bot, and Deriv GO.

Does Deriv offer a demo account?
Yes, Deriv offers a demo account.

Is Deriv suitable for scalping?
Yes, Deriv is suitable for scalping.

Is Deriv suitable for auto-trading?
Yes, Deriv is suitable for auto-trading.

Is Deriv suitable for hedging?
Yes, Deriv is suitable for hedging.

Is Deriv suitable for spread betting?
No, Deriv is not suitable for spread betting.

Does Deriv provide VPS?
Deriv does not provide VPS.

Does Deriv operate a bank?
Deriv does not operate a bank.

broker

71% of retail investor accounts lose money when trading CFDs with this provider.

See Deriv Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
Malaysia
Foundation Year
1999
Regulations
BVI FSC (Virgin Islands, British), MFSA Malta (Malta), LFSA (Malaysia), VFSC Vanuatu (Vanuatu)
Publicly Traded
No
Number Of Employees
1000
Trading platforms
MT5, Proprietary
Restricted Countries
United States, Canada, Jordan, Malaysia, Rwanda, Cayman Islands, Paraguay, Israel, Singapore, Guernsey, Malta, Hong Kong, Belarus, United Arab Emirates
Supported Languages
English, Spanish, German, French, Arabic, Russian, Portuguese, Japanese, Chinese, Italian, Thai, Bengali, Vietnamese, Polish, Korean, Turkish
Min Deposit
$5
Max Leverage
1:1000 (BVI FSC), 1:30 (MFSA Malta), 1:1000 (LFSA), 1:500 (VFSC Vanuatu)
Deposit Options
Cryptocurrencies, Skrill, Neteller, PerfectMoney, Maestro, help2pay, Visa, Mastercard, sticpay, International Bank Transfer, AstroPay
Withdrawal Options
Cryptocurrencies, Skrill, Neteller, PerfectMoney, help2pay, Visa, sticpay, International Bank Transfer, AstroPay
Time to Withdrawal
1
Time to Open an Account
1
Cryptocurrencies
Kyber Network, Bitcoin, Cardano, Dogecoin, Litecoin, Zcash, Ripple, Monero, Stellar, Dash, enjincoin, OmiseGO, TRON, Uniswap, Solana, Avalanche, EOS, Ethereum, Basic Attention Token, Polkadot, Chainlink, IOTA, Polygon, Cosmos
Products (CFD)
Currencies, Commodities, Indices, Stocks, Crypto
Demo Account
Yes
Islamic Account
Yes
Segregated Account
No
Managed Account
No

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