- Deriv is behind one of the oldest binary broker in the industry – Binary.com. (a company with almost 20 years of experience)
- Deriv is licensed and regulated by several entities
- Low minimum deposit and trade amounts
- All your money is segregated and held in secure and licensed financial institutions
- Deposits and withdrawals are absolutely free
- The Deriv support team is available 24/7
- Platforms: MT5, DTrader, DBot, SmartTrader
Deriv does not use your money for its business interests and you are allowed to withdraw your money at any time. All your money is segregated and held in secure and licensed financial institutions. In this way, in the unlikely event of Deriv becoming insolvent, all your money will be returned to you because it is never merged with theirs.
Is Deriv safe or a scam
Deriv has three live account types. Each account offers differing kind of trading, that range from binaries to CFDs.
- Financial account (Standard)
- Financial STP account
- Synthetic account
The Financial account (Standard) offers both new and experienced traders the ability to trade commodities, cryptocurrencies, major (standard and micro-lots), and minor currency pairs with high leverage. With this account, traders have high leverage, and variable spreads for maximum flexibility.
The Financial STP account allows you to trade major, minor, and exotic currency pairs with tight spreads and higher trade volumes. It is a 100% A Book account where traders’ trades are passed straight through to the market. This gives traders direct access to forex liquidity providers.
The Synthetic account is available for trading 24 hours a day and 7 days a week. This account is audited for fairness by an independent third party and allows traders to trade contracts for difference (CFDs) on synthetic indices.
|ACCOUNT TYPE:||Synthetic||Financial||Financial STP|
|LEVERAGE:||Up to 1:1000||Up to 1:1000||Up to 1:1000|
|STOP OUT LEVEL:||50%||75%||75%|
|Minimum Position||-||0.01 lot||-|
Demo accounts are intended to enable you to familiarise yourself with the tools and features of our trading platforms. Success or failure in simulated trading bears no relation to probable future results with any live trading that you may choose to engage in.
You can get this free demo in any type of platform Deriv offers and is easy to access. The demo account requires only your email and you will be directed right away to the demo account. This demo account has $10,000 virtual funds with it.
How to open Demo account at Deriv
When a user sign-ups at Deriv.com, you have the option to trade on DBot, DTrader, or SmartTrader trading platforms. This is the standard account type offered at Deriv and is flexible in terms of the availability of trading platforms. Similarly, there is another class of accounts related to the MetaTrader 5 trading platform. Traders who wish to trade on the MT5 platform may choose one of the three available account types: 1) Synthetic, 2) Financial, or 3) Financial STP.
How to open Live account at Deriv
After following all the step of Opening Demo account, Click "Deposit" at the top right coner
Click "Create my real account" button, It show the form like below. You can open your account in fiat money or cryptocurrencies.
Users are then asked for personal information, Fill in all the info. Then users are asked to agree to certain terms and conditions before the broker starts to process the application as shown below:
Deriv also offers more than 100 tradable assets, including forex, stock indices, synthetic indices, and all the popular commodities.
Options and multipliers are available at Deriv.com
- Options trading allows for payouts from predicting market movements, without needing to buy an underlying asset. Trade digital options and lookbacks on synthetic indices.
- Multipliers allow you to trade on leverage while limiting downside risk to your investment. You can maximise your potential profit by several multiples of any market movement without risking more than your initial investment.
Below is a list of just some of the markets available for trading:
Somehow, remember that different instrument offers different services. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
* Details regarding the available assets are taken from the Deriv website and are correct at the time of this review.
One of the exciting features of trading with Deriv.com is the availability and flexibility of using a range of trading platforms, to suit individual preferences and needs. These platforms are briefly discussed below.
DTrader is a web-based trading platform that allows trading in over 50 financial assets, including digital, multiples, and lookback options of forex, commodities, synthetic indices, and stock indices. This advanced trading platform offers three different types of contracts, which are Digits, Ups/ Downs, and Highs/ Lows. The charting capability of this platform is advance and has good technical indicators. You can customize it according to your preference. The duration option is very flexible running between 1 second up to 365 days / 1 year.
It is a powerful platform, yet user-friendly, a minimum stake at $0.35, and a potential payout also exceed 200%.
How to make a trade at DTrader
- Select an asset
- Monitor the chart
- Place a trade
DBot is a web-based automatic trading system that allows trading in digital options, Automate your trading ideas without writing code Traders can program the trading bot according to their individual preferences. Under the block menu, traders have the option to choose desired blocks for trading.
It has 3 pre-built strategies, over 50 assets to unleash your bot, and has zero cost to build. Use analysis tools, indicators, and smart logic such as take-profit and stop-loss to maximise your profits and limit losses.
DBot is easy to use and very convenient. It also has a tracker that notifies you about how your bot is performing with each trades executed. These notifications are sent via Telegram. You can build your own trading robot fast and easy.
How to build Build a trading robot of DBot?
Build a trading robot in 5 easy steps
1. Select your asset
2. Set purchase conditions
3. Set restart conditions
4. Run bot
5. Check profit
DMT5 (based upon MetaTrader 5) is one of the most trading platforms in recent years. MT5 is a third-party trading platform that has over 70 assets with a maximum leverage of 1:1000. The maximum lot sit is 30 and the charting capability of this platform is advanced and professional
Deriv brings the MT5 experience to a superior level for both new and experienced traders on our platform, with exclusive access to innovative trade types.
You can use DMT5 on mobile
SmartTrader platform is built in-house by Deriv.com and is preferable because of its reliable user experience and ease of conducting the trading business.
The SmartTrader is also a platform for trading digital options. The advantage is here that you get more functions and options for opening a trade. The order mask is directly in front of you and gives you the best execution. .
Which trading platform is better for you?
Most seasoned traders will tell you that all they really want from a trading platform is something that is reliable and easy to use, intuitive, and doesn’t crash. Each platform is unique and has its own pros and cons, so it is best to understand what you want in a forex account, and platform before you get started.
Deposits and Withdrawals
What is the minimum Deposit/Withdrawal amount at Deriv?
Similar to Binary.com, the minimum deposit for real trading at Deriv.com is $10 only for Debit/ Credit Card payments, while $5 for E-wallets. Similarly, a minimum deposit for bank wire transfer may range from $5 to $500, depending upon the specific method. However, there is no minimum deposit for cryptocurrencies’ payment method. Deposit/Withdrawal Fees?