Deriv Forex Broker

Deriv Review SummaryFounded1996Registered Country/RegionMaltaRegulationMFSA, VFSC/FSA (Suspicious Clone)Market InstrumentsForex, indices, stocks, commodities, cryptocurrencies, ETFsDemo Account✅LeverageUp to 1:1000 (forex)SpreadFrom 0.1 pips (Standard account)Trading PlatformDeriv MT5, Deriv X, Deriv cTrader, Deriv Trader, Deriv Bot, Deriv GO, and SmartTraderCopy trading✅Minimum Deposit$5Customer SupportLive chatEmail: marketing@deriv.comSocial media: Facebook, X, Instagram, Youtube, Linkedin, Telegram, WhatsAppDeriv Information Deriv is a regulated broker, offering trading on forex, indices, stocks, commodities, cryptocurrencies and ETFs with leverage up to 1:1000 (forex) and spreads from 0 pips on Deriv MT5, Deriv X, Deriv cTrader, Deriv Trader, Deriv Bot, Deriv GO, and SmartTrader trading platforms. The minimum deposit requirement is only $5.Pros and ConsPros Cons Demo accountsSuspicious clone lisencesMT5 platformLow minimum deposit requirementVarious trading platformsIs Deriv Legit? Deriv is licensed by MFSA to offer services. However, the certification from VFSC and FSA is suspicious clone.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Malta Financial Services Authority (MFSA)Regulated DERIV INVESTMENTS (EUROPE) LIMITEDMarket Maker (MM)C 70156Vanuatu Financial Services Commission (VFSC)Suspicious CloneBinary (V) LtdRetail Forex LicenseUnreleasedBritish Virgin Islands Financial Services Commission (FSA)Suspicious CloneBinary (BVI) Ltd.Retail Forex LicenseSIBA/L/18/1114What Can I Trade on Deriv? Deriv offers trading on forex, indices, stocks, commodities, cryptocurrencies and ETFs.Tradable Instruments Supported Forex✔Indices ✔Stocks✔Commodities✔Cryptocurrencies✔ETFs✔Bonds❌Options❌Account Type Here are six account types Deriv offers:Account TypeMinimum Deposit Standard 0Zero Spreads Swap-Free Financial Gold Financial STP Leverage Deriv offers flexible leverage options, varying by trading assets. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.Asset ClassesMaximum leverageForex 1:1000Derived Indices1:4000Stocks 1:50Stock Indices1:100ETFs 1:5Commodities 1:500Cryptocurrencies 1:100Deriv FeesAccount TypeSpreadCommissionStandard From 0.1 pips0Zero Spreads From 0 pips✔Swap-Free From 0.3 pips0Financial From 0.2 pipsGold From 25 pipsFinancial STP From 0.4 pipsAsset ClassesSpreadForex From 0.3 pipsDerived IndicesFrom 0.24 pipsStocks From 0.6 pipsStock IndicesFrom 0.6 pipsETFs From 1 pipCommodities From 0.6 pipsCryptocurrencies From 0.8 pipsTrading PlatformTrading PlatformSupported Available Devices Suitable for Deriv MT5✔Android, iOS & HuaweiExperienced tradersDeriv X✔Android, iOS, web/Deriv cTrader✔Android, iOS & Huawei/Deriv Trader✔Mobile/Deriv Bot✔Mobile/Deriv GO✔Android, iOS & Huawei/SmartTrader✔Web/MT4❌/BeginnersDeposit and Withdrawal Deriv accepts payments via credit & debit cards, online banking, mobile payments, E-wallets, cryptocurrencies, On-ramp/Off ramp and Voucher. Deposit Options Deposit Options Minimum DepositMaximum DepositDeposit Time Credit & debit cards10 USD, EUR, GBP5,000 USD, EUR, GBPInstantOnline banking 10 USD1,000 USDMobile payments 5 USDE-wallets4,000 USDCryptocurrencies 0/Funds available as soon as confirmedOn-ramp/Off-ramp5 USD1,000 USDInstantVoucher 10 USD Withdrawal Options Withdrawal Options Minimum Withdrawal Maximum Withdrawal Withdrawal Time Credit & debit cards10 USD10,000 USDInstantOnline banking 1,000 USDMobile payments 5 USDInstant/1 working dayE-wallets10,000 USDInstantCryptocurrencies 0.00009207 (Bitcoin)/Subject to internal checksOn-ramp/Off-ramp5 USD2,000 USDInstantVoucher Not applicable