Deriv.com Review – Online platforms, Commission, Leverage, Account Types, Features & more
This article has been constructed to render our readers, the end-to-end details about Deriv.com.
You can see the Deriv.com Review, its Online platforms, Commission, Leverage, Asset Classes, Account Types, Features & more.
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About Deriv.com & Accepted Countries
Deriv.com is a broker company based in Malta, involved in trading since 2000. They offer a number of features in investment along with options in trading platforms with guaranteed safety.
It was earlier under the brand name of Binary.com which had quite a huge client base across the world.
It offers several options in trading to its client and tries to enforce technological innovations to the benefit of trading activities.
The huge client base of Binary.com would benefit by transferring to Deriv forex broker.
Deriv.com accepts trading from clients of a number of countries.
|Founder / CEO||Jean-Yves|
|Regulations||Malta (MFSA), Labuan (LFSA), Vanuatu (VFSC), British Virgin Islands (BFSC)|
This includes Australia, Thailand, the United Kingdom, South Africa, Singapore, India, Germany, Norway, Sweden, Italy, Denmark, Saudi Arabia, Kuwait, Luxembourg, and Qatar among others.
Traders from the United States, Canada, Jersey, Malaysia, Malta, Paraguay, and the United Arab Emirates cannot use the website.
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Deriv.com Trading platforms
Deeiv.com hosts three trading platforms. These are available in addition to the Binary’s Smart Trader system which is as follows:
|Trading Platform||MetaTrader 5, DTrader,DBot|
|Desktop Platform – Windows||Yes|
|Desktop Platform – Mac||Yes|
|Desktop Browser Platform||Yes|
|Mobile Site Platform||Yes|
|Android App Platform||Yes|
|iOS App Platform||Yes|
|Windows App Platform||No|
|Other Mobile OS Platform||No|
|Multi Account Management||Yes|
|Trading Platform Supported Languages||English, Português, Español, Русский, Français, Thai, Indonesia, Tiếng Việt|
One of the trading platforms is DMT5. This was a product of innovations of MT5 along with analysis and research tools. It is quite easy to use and has tremendous features.
Besides, it has most elements that traders look forward to. It is also easy to configure according to the patterns wished by the traders.
Users can also open several windows at once. They could also choose to detach and move the windows as they wish.
DTrader is another platform available. It maintains a clear interface with more than 50 tradable assets.
Traders can change their charts as per needs with the different widgets and indicators present. There are also options for customization of trade types with position sizes of $0.35.
It comes along with a flexible trade duration which we can set between 1 second and 365 days. There are also options for potential layouts to be available for more than 200 percent.
DBot is the third platform we can use in deriv.com. It offers automated trading in the form of algorithmic investment.
Traders can easily develop trading bots, build them, and invest in more than 50 assets. Traders can also make use of pre-built strategies.
Deriv.com Mobile App
The company does not hold a mobile app yet. We could predict that an app might come up after the tradition from the Binary platform is complete.
So, the ongoing transition might be the reason for the delay.
Opening an account is quite easy in deriv.com. Traders would need a proper active email address that they could use for registration.
If traders already have an account with Binary.com, they can use it for logging in with deriv.
Check out Mobile Apps of more Forex Brokers
Deriv.com Commission or Brokerage or Fees
Deriv.com offers a tight spread that we can use with minimal trading fees. As the transition process is still on the way, average spreads and commission data have limited charges.
There are chances for charging a dormant fee from accounts that have been inactive for more than 12 months.
The commissions in deriv.com start from 0.015 percent.
|Commission on trades||No|
Deriv.com Exposure or Leverage
Traders have been favoring deriv.com due to the flexible leverages that they offer. Traders can avail leverage up to 1: 1000.
These flexible leverages offered to allow traders to move to a larger position size by putting down a small deposit for increasing the potential returns.
An important thing to note is that there would be a variation on margin requirements and leverage levels based on the account type and jurisdiction that registers an account.
Payment methods provided by Deriv.com
There are several payment methods provided by deriv.com. These include variations in both deposit and withdrawal options.
|Deposit Options||FasaPay, Neteller, Perfect Money, Skrill, Visa, Webmoney|
|Withdrawal Options||FasaPay, Neteller, Perfect Money, Skrill, Visa, Webmoney|
Deposit options include bank wire transfer, credit/debit cards, wallets, and cryptocurrency. Bake wire transfers can be processed for a minimum depicts from $5.
Credit and debit cards of both Visa and MasterCard could be used in minimum deposits starting from 10 USD / GBP/ EURO/ AUD.
E-wallets from skill, Neteller, Paysafe, Fasapay, Webmoney, and many more are available with many others for a minimum deposit of 5.
The payments for bank site transfer, credit and debit cards, and e-wallets are available with instant transactions.
Cryptocurrency can also be used for deposits. These include Bitcoin, Ethereum, Litecoin, and Tether. These do not have a minimum deposit condition.
The payments can only be processed by three blockchain confirmations.
Withdrawals also offer options similar to the deposit ones. Based on the provider, bank withdrawal would start from a minimum of 5 of the basic currency.
It would take processing time in 1 to 2 days. The minimum withdrawal for debit or credit cards would be 10 of the basic currency.
This would be processed within one working day. Also, Maestro and Master cards would only be available for UK traders.
In order to withdraw funds over an e-wallet, there would be a need to withdraw at least 5 of the base currency. This would be processed within one working day.
Also, bit kin offers the lowest minimum withdrawal among cryptocurrencies at 0.0026. It would take one day with three blockchain confirmation in order to process.
Find out Payment Methods provided by other Forex Brokers
Investments in Asset Classes or Markets by Deriv.com
There are choices of more than 100 products available at deriv.com. These include forex, stock index, synthetic index, and commodities.
Forex offers as much as 50 forex currency pairs which include majors, minors, and exotics. Stock indices are based on price movements of the European, Asian, and US indices.
The synthetic indices have a secure random generator and have similarities with real work market conditions, available for 24/7 delivery of consistent volatility.
Assets can also include precious metals like gold and silver along with oil.
|Total Tradable Assets||100+|
|Number Of Currency Pairs||50|
|Number Of Cryptocurrencies||NA|
|Number Of Stocks||NA|
|Number Of Indices||4|
|Number Of Commodities||NA|
|Number Of Futures||NA|
|Number Of Options||NA|
|Number Of Bonds||NA|
|Number Of ETFs||NA|
Deriv.com Virtual Trading Account or Demo Account
Deriv.com also provides a demo account. This can help to get a better idea of the real-time live trading area as it forms a clear reflection of the latter.
Thus, traders would be able to understand the live platform. The demo account could serve a number of uses like backtesting strategies, or learning to trade.
There is no time limit for the demo account and would have an uncapped bankroll. These are available on all platforms of deriv.com.
|Virtual Money||$ 5000|
Deriv.com Offers or Deals
Deriv offers some amount of offers and deals to the clients. There is no deposit welcome bonus provided to the forex platform. These coupon codes are available in a number of places.
There are fewer deals offered on deriv.com. This could be because it is still upcoming through the transition.
Once the transition from Binary is complete traders can expect better deals.
|Free Learning Courses||Yes|
|Free Demo Account||Yes|
|Discount on Brokerage||Yes|
|Flexible Brokerage Plans||Yes|
|Forex Trading Contest||No|
|Trading Bonuses & Rewards||No|
Deriv.com Regulation or licensing
Traders looking into deriv.com as a potential broker for their trading activities could be satisfied as it is quite trustworthy. They have regulations in multiple jurisdictions.
In the European Union, Deriv is regulated by the Malta Financial Services Authority (FSA). Traders outside the EU can experience regulations from the Vanuatu Financial Services Commission.
It is also regulated by the Labuan Financial Services Authority in Malaysia.
Users also can take better benefits from negative balance protection which would provide users with better benefits that would give them the advantage of not having losses more than their deposits.
|Regulations||Malta (MFSA), Labuan (LFSA), Vanuatu (VFSC), British Virgin Islands (BFSC)|
Find out Regulations & Licensing of more Forex Brokers
|Easy Markets||Fusion Markets||Go Markets||IronFX|
|FP Markets||FXPro||IG Group||Libertex|
Deriv.com offers a number of features that help them to be the most chosen trading service provider. Their client trust record is quite high.
They offer a large variety of trading platforms at very low financial requirements.
One of the most favored features is the robot which could be built by the traders themselves and could be sold to other traders. The robot could be easily customized to the slightest details.
Traders could also communicate and connect with many traders through the website which could be quite beneficial.
|Social Trading / Copy Trading||No|
|Guaranteed Stop Loss||No|
|Guaranteed Limit Orders||No|
|Guaranteed Fills / Liquidity||No|
|Trading From Chart||Yes|
|Interest On Margin||No|
|Other Trading Features||No|
Deriv.com Account types
Traders using Forex and CFD trading with deriv.com could make use of three types of accounts, synthetic, financial, and financial STP.
|Account Type||Synthetic||Financial||Financial STP|
|Spread||From 0.5||From 0.5||From 0.5|
The Financial Account provides trade commodity, cryptocurrencies, major and minor currency pairs with high leverages to both new as well as well-established traders.
Traders can take the best use of high leverage and variable spreads to increase flexibility.
The Synthetic Account can be used for trading all the time. The accounts of the type would be audited to enhance fair play with an independent third party.
This would allow traders to trade contracts for difference or synthetic indices.
With the Financial STP Account, traders can use major, minor, and exotic currency pairs with tight spreads and high volumes of trade.
It gives a guaranteed pass to the market and direct access to liquidity providers in Forex.
Deriv.com Account Opening Process
When the site is opened, there is a “sign up” button at the top-right hand corner. There is another “sign up” button at the homepage as well as the user scrolls down.
There are options to sign up via a functional email id, a Facebook account, and also by Google account.
After the authorization process is completed, the demo account is activated and it opens up. After a few clicks, the registration is completed.
The traders need to complete the account verification process. For this, the user can upload a government-issued ID image file as proof.
Deriv.com offers two types of accounts. One is a demo account and the other is a live account.
The demo account is for practicing and after gaining enough practice with a demo account, the user can then shift to the live account.
There are mainly three types of DMT5 accounts. DMT5 can run multiple windows simultaneously and the trader can control some advanced features.
The user can also set up trade charts and areas according to the user’s wish. Types of DMT5 accounts are:
DMT% synthetic account: – This account gives access to the traders to trade contracts for difference (CFDs) on synthetic indices review of the price changes in real-time.
DMT5 financial account: – This account gives access to strong spreads and high leverage that the trader can make the most use of.
DMT5 financial STP account: – This account moves the traders directly to the Deriv desk of dealing. This enables traders to have direct access to in-house trading liquidity.
Derive.com Trading Account Features
Check below all the trading account features under various account types:
|Trading Desk Type||N/A|
|Suitable for beginners||N/A|
|Suitable for professionals||N/A|
|Suitable for scalping||N/A|
|Suitable for daily trading||N/A|
|Suitable for Weekly trading||No|
|Suitable for swing trading||N/A|
Derive.com – Research & Advisory
Find below all the different reports and support provided by its Research & Advisory team:
|Daily Market Commentary||Yes|
|News (Top-Tier Sources)||Yes|
|Company Stock Review||Yes|
|Free Stock Tips||No|
Derive has its main focus on customers and bringing new ideas into life. Deriv.com has won many awards as a global broker.
Following are some benefits of deriv.com: –
- There are over 100 assets and have very well-developed platforms that also offer binary options and forex brokerage.
- They are live 24/7.
- It gives the traders to choose from three different trading platforms.
- It has zero payment fees and has a range of deposit and withdrawal.
Derive.com Cons and Drawbacks
Following are some disadvantages of opening a trading account on dervi.com: –
- There are a few sign-up bonuses and on-going promotions. But the clients can take advantage of low competitive fees and minimum deposits.
- In deriv.com the traders don’t have any access to a copy of trades of other traders. Also, there are no provisions for social as well as copy-trading.
- Traders who are still using MT4 have to upgrade to MT5 or else they won’t be able to use derive.com, as it is not yet available.
Deriv.com Trading Hours
Irrespective of the market time around the world, trading is available 24/7 at deriv.com. It has been observed that trading during the weekends is less.
These results in less competitive spreads as there are fewer numbers of traders active.
Derive.com Customer Care and Contact Details
Just like trading is available 24/7, the customer care service is also available 24/7. The customer care number for the international help desk is +44 1942 316889.
The email id for customer care is email@example.com. There are two options for contacting deriv.com customer care:
Help center: – this self-service portal helps in finding a solution to the problem from a large number of questions regarding the account as well as any issues on the platform.
Ask the community: – this self-service portal gives several issues that the other trader’s answer and the user can find the perfect solution to the problem from those answers.
|Support During Weekends||No|
|Live Chat Support||Yes|
|Customer Support Languages||English, Português, Español, Русский, Français, Thai, Indonesia, Tiếng Việt|
Deriv.com Safety & Security
Deriv.com has made sure that the clients’ data remains safe and secure within their servers.
Also, to ensure this, Deriv uses SSL encryption and security protocols are all of the industry standards.
Deriv.com Rating & Reviews
Based on different users and their experiences below are the company rating and reviews:
|User Experience||7.0 / 10|
|Products & Services||7.6 / 10|
|Brokerage Charges & Fees||7.1 / 10|
|Research & Advisory||7.2 / 10|
|Trading Platforms||7.1 / 10|
|Overall Ratings||7.2/ 10|
|Total Client Reviews||111|
Deriv.com – Conclusion or Verdict
Deriv is very user-friendly and very easy to use. The trader can choose from many platforms to suit the trader’s trading methods and styles. It has very easy methods to deposit and withdraw profits.
There are not many online trading brokers that offer many trading platforms at such low financial requirements.
There are many educational features that the trader can use such as free signals, tons of different interesting features, and great bonuses.
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