Deriv Review Overview
Deriv is the latest broker platform owned by Binary.com. They offer binary options, forex and CFD, Deriv.com offers trading via a web-based platform (DTrader), also compatible with MT5 platform (DMT5) and they even an automated trading bot DBot. Our Deriv review wraps up the General information, leverage, types of account, Deposit, Withdrawal, asset lists and more.
The story of Deriv starts in 1999. Regent Markets Group, the founding company, was established with a mission to make online trading accessible to the masses. The Group has since rebranded and evolved, but its founding mission remains unchanged.
Our evolution is powered by over 20 years of customer focus and innovation.
Regent Markets is born A young entrepreneur collaborates with financial mathematicians to develop the algorithms for the world’s first fixed-odds trading system for retail investors.
The Regent Markets Group is born, funded by Regent Pacific Group Ltd., a company listed on the Hong Kong Stock Exchange.
Binary.com BetOnMarkets rebrands to Binary.com. The rebrand comes with enhanced features, a new range of trade types, and a variety of charting applications.
Deriv is the next step in the evolution of Binary.com. With Binary.com, we have a proven record of delivering market-leading products that are trusted around the World
USD 8B+ Total trade turnover 1.8M+ Trading accounts opened 62M+
Regulation: MFSA, FSA, VFSC, FSC
Min. Deposit: 5 US$
HQ: Malta ( Europe)
Platforms: DMT5, Dtrader
Found in: 2020
- MFSA, FSA, VFSC, FSC
We have shortlisted some of the top rating websites above as you can see on Deriv reviews.
Is Deriv broker scam or safe ? Deriv broker review
In the deriv broker reviews, we found out most of the deriv reviews are real reviews. Deriv support team is not doing their job in the Deriv Review section. This Broker is not suitable for trading. This Broker is a Scam Broker Deriv Broker review. They don’t own a live chat section also chatbots automate selection.
Leverage Deriv Reviews
The leverage that Deriv Broker provides is insane 1:1000 is critical leverage which can lead to a massive loss on the trader side. The ideal leverage would be from 1:100 to 1:500 for a beginner.
By using higher leverage, a beginner can make huge losses, so it is good to have low leverage while trading in forex.
So before you deposit in deriv make sure you understand how trading works
Types of Accounts
Deriv broker doesn’t support Metatrader4 or MT4. This can create a terrible impact on the intermediate traders or those who are replacing their previous Broker. Metatrader4 is one of the oldest trading platform available for desktop as well as far mobile phone. Forex trading is usually done using Metatrade4.
Deriv broker integrated Metatrader5 as DMT5, and also they own their trading app called as Dtrader. Dtrader can be useful for beginners to execute the trade.
Stocks: the US, Asian and European stock indices
Commodities: Gold, Silver, Oil
Deriv supports VISA, MasterCard, Bitcoin, FasaPay, Neteller, PerfectMoney, Skrill, Webmoney. The worst part of using an unregulated broker is that your money won’t be safe.
Deriv supports these methods for the withdrawals FasaPay, Neteller, PerfectMoney, Skrill, Webmoney, visa and master cards are only available to UK traders.
Deriv customer assistance is worst; they use automated bots for live chats. The response time of real agent make take upto days
White Paper Review
We analysed the issues and positive points on Deriv reviews (Deriv broker review).
From the investigation, we found that Deriv is an offshore broker based on Europe.
We found a user review saying those words below:
For example, I’ve noted that more than once when I placed a sell for Boom or a buy for Crash, the spike/drops comes up immediately leaving me no choice than to close or wait for another preset or bot-activated (I believe) spike/drop to wipe my account clean. Binary.com needs to be investigated for spontaneous anti-trade movements in their source codes or whatever that are activated almost immediately one places a trade. I also believe there should be an independent source of Live movements of these charts globally apart from what “appears” on your personal account.
Well, from the user review, it’s clear that Deriv Broker is trying to manipulate the chart. That person is demanding for an investigation, but I don’t see any reply from the support team in the deriv reviews section.
Another critical factor that we found out in the Deriv that users are unable to withdraw their money, as we said earlier, those offshore brokers aren’t worthy of the trust they can steal your money. It is better to avoid Deriv broker. This Broker Deriv is a Scam Broker.