Deriv Reviews: Deriv.com was developed by Binary.com (a company with almost 20 years of experience). You may be asking, Is Deriv a good broker? In the review below, we take an in-depth look at the features Deriv forex broker allegedly offers.  The review covers aspects of its licensing, its account types, its leverages, its withdrawal and deposit methods. Read through our review to see what we and other experts have to say about Deriv broker.

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Deriv Trading Platform

Deriv.com is a new broker platform developed and backed by Binary.com. Offering binary options, CFD and forex, the new platform delivers trading via a web-based platform (DTrader), an MT5 platform (DMT5) and an automated trading system called DBot. Our review covers the trading platform, minimum deposit, asset lists, deriv app and more…

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Deriv.com is a new platform that was developed by the team behind Binary.com.

Deriv.com offers instruments such as binary options, CFD and forex. The team behind this supports three trading platforms.

DTrader

They support a web-based platform called DTrader. This is platform is customizable, providing a minimal interface and  50+ tradable assets.

DMT5

This platform is fully configurable, giving traders the power to set up charts or trade areas as they desire.

The platform in question has over 70 assets with the list growing as the brand expands. The leverage ranges from 1:30 to 1:1000 depending on the region of the trader.

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DBot

This automated training system comes with three pre-built strategies that traders can use to navigate their way. This system also has an additional feature that you can use to track performance. This allows the trade to make adjustments so they can maximize returns.

Deriv Account Types

In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea how a broker might work.

After checking, we discovered that this broker has three account types.

Standard

MT5 (DMT5)

Synthetic Indices

One interesting we noticed is that each account offers differing kind of trading, that range from binaries to CFDs.

As earlier mentioned, account types are supplied based on the location of the trader.

Deriv.com Deposit and Withdrawal Methods

Deposit and withdrawals are the two most important transactions for us because the end goal of trading is making a profit. In this section, we look at Deriv withdrawal and deposit methods to make sure everything is okay with it.

  • Bank wire transfer ($5 Minimum deposits)
  • Credit/debit cards (10 USD/GBP/EUR/AUD minimum)
  • E-wallets  such as Skrill, Neteller, PaySafe, Fasapay, and WebMoney are also  available,
  • Cryptocurrency ( Bitcoin, Ethereum, Litecoin and Tether, no minimum deposit)

Deriv minimum deposit is $5. They do not charge fees for making deposits.

Is Deriv.com Licensed?

Licensing is another important part because we can trust a regulated broker to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it regulates said brokerage.

This review is satisfied Deriv.com is a trustworthy broker that’s regulated in multiple jurisdictions. In the EU, Deriv is regulated by the For traders outside of the EU, After checking their claims and confirming them to be true, we can say that this broker is licensed in multiple regions.

It is regulated by

  •  Malta Financial Services Authority (FSA).
  •  The Vanuatu Financial Services Commission (FSC)
  • The British Virgin Islands Financial Services Commission (FSA).
  • The Malaysia’s Labuan Financial Services Authority (FSA)

Conclusion

After going through the details surrounding this platform, we find their presentation to be satisfactory and their claims true.

Therefore, we can recommend Deriv broker with a lot more confidence than other brokers we have reviewed in the past.

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