Deriv Forex Broker

Deriv Review SummaryFounded2000Registered Country/RegionUnited KingdomRegulationLFSA/FSC (Suspicious clone)Market InstrumentsForex, Derived Indices, Stocks, Stock Indices, Commodities, Cryptocurrencies, ETFs, CFDs, and OptionsDemo Account✅LeverageUp to 1:4000Forex SpreadFrom 0.3 pipsTrading PlatformDeriv MT5, Deriv cTrader, Deriv X, Deriv Trader, Deriv GO, Deriv Bot, SmartTraderMinimum Deposit0Customer Support24/7 Live chatLondon: First Floor, 68 - 72 Leonard Street, London, EC2A 4QXDeriv Information Deriv is an online trading platform that offers a wide range of instruments, such as forex and cryptocurrencies, accessible on platforms like the popular MT5, and provides high leverage up to 1:4000 on derived indices and 1:1000 on forex.Pros and ConsPros Cons Multiple account typesSuspected clone regulatory statusTight spreadsCommission on some accountsMultiple trading platformsNo minimum depositLive chat supportIs Deriv Legit? Deriv has a regulatory status of “Suspected Clone” under both Malaysia's Labuan FSA and the British Virgin Islands FSC.Regulatory Status Suspicious CloneSuspicious CloneRegulated by MalaysiaThe Virgin IslandsLicensed Institution Labuan Financial Services Authority (LFSA)British Virgin Islands Financial Services Commission (FSC)Licensed TypeStraight Through Processing (STP)Retail Forex LicenseLicensed NumberMB/18/0024SIBA/L/18/1114What Can I Trade on Deriv? Deriv offers trading in a variety of markets, including forex, derived indices, stocks, stock Indices, commodities, cryptocurrencies, ETFs, CFDs and options.Tradable Instruments Supported Forex✔Derived Indices✔Stocks✔Stock Indices✔Commodities✔Cryptocurrencies✔ETFs✔CFDs✔Options✔Bonds❌Account TypeAccount TypeMinimum DepositSpreadCommissionTrading InstrumentsStandard account0From 0.1 pips❌Financials, Derived IndicesZero Spread account0From 0 pips✔Financials, Derived IndicesSwap-Free account0From 0.3 pips❌Financials, Derived IndicesFinancial account0From 0.2 pips❌FinancialsGold account0From 25 pips❌CommoditiesFinancial STP account0From 0.4 pips❌Financials Leverage Deriv offers high leverage, up to 1:4000 on Derived Indices and 1:1000 on Forex, allowing traders to potentially access larger trading positions with smaller initial capital. Note that high leverage can amplify not only profits but also losses. Asset ClassMaximum leverageForex1:1000Derived Indices1:4000Stocks1:50Stock Indices1:100ETFs1:05Commodities1:500Cryptocurrencies1:100Deriv Fees Deriv offers variable spreads starting as low as 0 pips on their Zero Spread account, while other account types have spreads starting from 0.1 pips or higher, and commissions vary depending on the account type.Account TypeSpreadCommissionStandard accountFrom 0.1 pips❌Zero Spread accountFrom 0 pips✔Swap-Free accountFrom 0.3 pips❌Financial accountFrom 0.2 pips❌Gold accountFrom 25 pips❌Financial STP accountFrom 0.4 pips❌ Deriv Spreads by Asset Class:Asset ClassSpreadForexFrom 0.3 pipsDerived IndicesFrom 0.24 pipsStocksFrom 0.6 pipsStock IndicesFrom 0.6 pipsETFsFrom 1 pipCommoditiesFrom 0.6 pipsCryptocurrenciesFrom 0.8 pipsTrading PlatformTrading PlatformSupported Available Devices Suitable for Deriv MT5✔MobileCFD tradingDeriv cTrader✔MobileCopy trading, CFD tradingDeriv X (via TradingView)✔DesktopTrading Forex, Commodities, 24/7 Derived Indices, StocksDeriv Trader✔MobileTrading options on financial markets and 24/7 Derived IndicesDeriv GO✔MobileOn-the-go traders trading Multipliers and Accumulator Options on Forex, Cryptocurrencies, and 24/7 Derived IndicesDeriv Bot✔MobileAutomated bot trading for Forex, Stock Indices, Commodities, and 24/7 Derived IndicesSmartTrader✔WebTrading Rise/Fall options Deposit and Withdrawal There is no minimum deposit for cryptocurrency. The minimum withdrawal is not fixed. You can use debit and credit cards, e-wallets, cryptocurrency wallets, Deriv P2P, online banking, and fiat onramp for deposits and withdrawals.