History and How It Was Established
The company was established in 1999 and was known as Regent Markets before it rebranded to Deriv in 2020. Deriv avails over twenty years of experience in the trading sector. Such is its claim regarding world-renowned innovation focusing on continual services to traders from every corner of the globe.
Goal and Objective
According to Deriv Reviews, the company seeks to put up trading at everyone's reach and shed light by providing platforms that are extremely user-friendly with competitive trading conditions. Deriv's vision is to empower traders living worldwide with accessible tools and resources for their financial goals.
International Coverage
Operating from Malta, Deriv reaches out to a multitude of countries while servicing customers from more than one hundred jurisdictions. The broker offers global-multiple language support and localized solutions that fit into their various needs.
Advantages and Disadvantages
Main Strengths and Realities Key Strengths:
- Simple and fast account opening process
- A wide variety of account types cater to different trading needs
- Low commission structure
- A wide range of trading platforms
- High-quality technical support with fast and effective responses
Areas of Improvement:
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist
- Educational materials are confined to a blog and lack comprehensive learning resources
Security and The Regulations
Licenses Held
Among the licenses held by it, one of those is MFSA, which is Malta Financial Services Authority. Additionally, Vanuatu Financial Services Commission and Labuan Financial Services Authority are among the other three licenses that bear the hallmark of those permitting a broker adhered to international standards.
Segregated Funds and Insurance
Funds from customers are kept in individual segregated accounts so that a firewall exists for their protection. The company also provides coverage against negative balances that guide customers not to lose more than what they actively invest in trading.
Instruments for Trading
Forex Pairs
Supplying over 50 forex pairs, you can trade from majors, minors, to exotics with thin spreads and flexible leverage-capable of up to 1:1000.
Commodities
It provides commodities like gold, silver, oil, and natural gas. Thus, you can adequately suit your needs in the array of commodities selection and diversify your investment portfolio accordingly.
Indices
From NASDAQ to S&P 500 and FTSE 100, the global indices are stockpiled, including synthetic ones such as those found in Deriv.
Cryptocurrencies
Deriv Points
The online trading service and commercial operator brief clients on some of the company's leading activities related to popular cryptocurrencies, with quite a number listed on the official website. Trading any popular cryptocurrency, such as Bitcoin, Ethereum, or Litecoin, you get to receive a very competitive spread and trade completely without commissions for hidden fees.
Account Types
Standard
| Minimum deposit | 0 |
|---|---|
| Commission | 0.5 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:150 |
| Margin call level | 100 |
| Stop-out level | 50 |
Fees and Charges
Spreads and Commissions
Deriv provides provisions for a very exploitable and very copious spread starting from zero pips for MT5 Financial STP accounts, as the Standard Account has its commission cost.
Swap Rate
There are going to be overnight swaps for most post-trading. Nothing is exchanged between the two parties-except for automatic Islamic deposits.
Inactivity Fee
Subject to terms and conditions, inactivity fees remain current per applying through Societe Generale's standard regulations regarding Deliv.
Trading Platforms
| Available tools | Forex, Shares, Indices, Cryptocurrencies, Commodities, ETFs |
|---|---|
| Cryptocurrencies | ETH, XMR, DOGE, OMG, BTC, LTC, XRP, DASH, ZEC, TRX, Kyber Network, ADA, XLM, EOS, IOTA, ENJ, BAT, DOT, LINK, UNI, SOL, MATIC, ATOM, AVAX |
| CFD | Forex: 70 Indices: 78 Stocks: 68 Commodities: 5 Energy: 3 Metals: 11 Cryptocurrency: 30 ETFs: 15 |
DTrader
DTrader, as the name suggests, is a trading platform tailored to people that need to enjoy robust brokerage services without stresses that come with technology, most especially for working their clients' accounts, booking, financing, settlement, and accounting.
Deriv MT5
For many professional traders, the MT5 trading platform by Deriv stands as one of the most superior tools with potentials that cover broad parts of the industry.
SmartTrader
SmartTrader brings simple yet very-effective trading to those kinds of traders focusing on binary options as it does not constrain any large or complex trading strategies.
Customer Service
Steps of Registering at the Firm
Form their application through which registrants are supposed to go through the online application, open the account, solidify their identity by going some identification documents through submit photos and subsequently funding their account, so they have something with which to recover all the losses as the need arises.
Registration Requirements
Deriv requires an identity card as well as proof of address according to KYC regulations:
Deposit and Withdrawal
How to Pay Deposits
Payments both into and out of Deriv Mobile App accounts can be made with credit cards or Quickteller at any time. Yet, there have been recurring intrusions into the persons' homes through wallets that accommodated payments with bank cards, mobile phones, and sometimes cash. Crypto payments are also accepted.
Payment Processing Time
While deposits are processed instantly, withdrawals typically take between 1 and 3 business days, depending on the payment mode.
Related Costs
Most aren't charged on deposits but on only a few withdrawals are fees extracted. Check out the broker's site for full details.
FAQ
The Broker Has Been Licensed or Not?
In this regard, the company enjoys regulation by MFSA, VFSC, and LFSA, which has made a framework quite transparent and secure for all trading parameters.
What are the Trading Platforms Here?
Terming trading easy, Deriv has made DTrader platforms, MT5 Deriv, and SmartTrader available. The business offers its traders apps on the move even with a mobile app.
What Minimum Money Can Properly Open the Account?
A mere $5 from any traders would kick off an account in Deriv, right from the micro to standard trading levels.
What Kinds of Accounts are They Offering?
Deriv introduced Standard, MT5 Financial, MT5 Financial-STP, and Synthetic accounts to serve many kinds of trading needs.
What is to be paid in terms of fees and commissions?
Fees here should comprise spreads and commissions for the most comprehensive selections for STP accounts while adding up the definition and types of accounts into swap rates and inactivity fees.
Is there any higher margin than Deriv offers?
In fact, the site has had leverage increasing to 1:1000, and trade-accounts bear that rate also.
Are demo accounts available?
In every Deriv account, free demo versions are available in coordination with the amount of money you use.
How do I contact customer support?
No publicized availability of Bozhangel. Yes, it is in real-time and live every possible time when the broker's trade is open.