Introduction
Online trading has become increasingly popular in recent years, providing individuals with the opportunity to invest and trade in various financial markets from the comfort of their own homes. One such online trading platform that has gained significant attention is Deriv. In this blog post, we will explore the features and benefits of Deriv, as well as discuss various topics related to online trading.
About Deriv
Deriv is a leading online trading platform that offers a wide range of financial instruments, including forex, commodities, indices, and synthetic indices. It is operated by the Binary Group, a renowned company with a strong reputation in the industry. Deriv provides traders with a user-friendly interface, advanced trading tools, and a secure environment for executing trades.
Discover Deriv.com: Your Gateway to Multi-Asset Trading
Deriv.com stands as a multi-asset broker, proudly serving an expansive clientele of over 2.5 million global traders. Diverse offerings, including CFDs and multipliers, accompanied by exclusive synthetic products, set Deriv apart. These distinctive synthetic products, unparalleled elsewhere, exemplify Deriv's commitment to innovation. Experience the power of proprietary synthetic products, coupled with CFDs and multipliers, complemented by the much-loved MetaTrader 5 platform.
Why Choose Deriv.com?
✓ Trusted ✓ Demo Account ✓ Copy Trading ✓ Trade Signals
Minimum Deposit: $5
Trading Platforms: MT5
Instruments: CFDs, Multipliers, Forex, Stocks, Indices, Commodities
Account Currencies: USD, EUR, GBP, AUD
Payment Options: Neteller, Wire Transfer, Credit Card, Visa, Skrill, and 17 more
Diving into Deriv's Offerings
Binary Trading: Embrace a premium binary options experience on both established and emerging financial markets, yielding payouts of up to $50,000 USD. Access these options around the clock, 365 days a year, all housed within a secure platform boasting responsive customer support.
Forex Trading: Engage in forex trading by going long or short on major, minor, and exotic currency pairs. Benefit from competitive spreads as low as 0.5 pips. Explore Forex CFDs through MT5 and leverage multipliers within Deriv's user-friendly DTrader.
Stocks Trading: Unleash your potential by speculating on prominent stocks like IBM, Netflix, and BMW, as well as equity indices like the S&P 500. Deriv offers extended trading hours, up to 18 hours a day for shares, with full support 7 days a week.
CFD Trading: Join the exciting world of CFD trading across popular markets, including exclusive synthetic indices available 24/7. Embark on your trading journey with ease, as new users can open an account and dive into CFD trading immediately.
Crypto Trading: Explore a modest selection of 25+ crypto pairs at Deriv.com, benefitting from tight spreads and zero commissions. Enhance your returns with leverage of up to 1:2, magnifying potential profits.
Copy Trading: Elevate your trading prowess by mirroring the strategies of seasoned traders through DMT5 signals. Receive real-time signals and make informed decisions about executing trades in your personal account.
✓ Pros
- Maximize profits with multipliers and 1:1000 leverage.
- Choose from a diverse array of deposit and withdrawal methods, all without payment fees.
- Enjoy continuous, around-the-clock access, even on weekends.
- Trust in a multi-regulated online brokerage.
- Pick your preferred investing platform.
- Start trading with a minimal $5 deposit.
- Hone your skills with a complimentary demo account.
- Discover potential payouts exceeding 100%.
✗ Cons
- No sign-up bonuses or ongoing promotions.
- Limited social and copy trading features.
Your Pathway to Deriv.com
Unveiling itself as an online brokerage developed and supported by Binary.com, Deriv introduces a world of CFDs, binary options, and forex trading. Experience these opportunities through the web-based DTrader, the MT5 terminal (DMT5), and the automated trading system (DBot). Our comprehensive 2023 review dives into investing apps, minimum deposits, available assets, leverage, and more, offering insights into what Deriv.com has in store.
Illuminating Company Insights
With 20 years dedicated to serving retail clients, Binary.com has transformed into the innovative Deriv. This enhanced platform brings forth an expanded product range, an elevated user experience, and a fresh new logo. The transition has been gradual, with over one million Binary.com customers transitioning to Deriv.com. Under this new banner, Deriv has flourished, amassing over 2.5 million traders and a total trading turnover exceeding $10 billion. This dynamic trading firm boasts more than 1000 employees across 18 global locations, including Cyprus and Dubai. It's also regulated across multiple trading jurisdictions, boasting licenses from entities such as the Malta Financial Services Authority, Labuan Financial Services Authority, Vanuatu Financial Services Commission, and British Virgin Islands Financial Services Commission.
Exploring Trading Platforms
Deriv.com offers three distinct trading platforms, each accompanied by live signals:
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DMT5: Seamlessly integrating MT5 with robust analysis and research tools, this platform caters to CFD traders of all levels. Its flexibility allows traders to configure charts and trade areas to their preferences. Whether it's opening multiple trade windows or customizing them, the choice is yours. With over 70 assets available and growing, asset lists are easily navigated. And, with leverage up to 1:1000, traders can flexibly manage their trades, ranging from micro-lots to 30 standard lots.
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DTrader: The customizable DTrader platform offers an intuitive interface, housing more than 50 tradable assets. Charts are adaptable to meet your trading needs, featuring technical indicators and widgets. Customizable trade types and position sizes, ranging from $0.35 to flexible durations between one second and 365 days, enhance your trading experience. Potential payouts even exceed 100%, ensuring a promising user journey.
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DBot: Deriv.com's automated trading solution stands as an industry leader. The DBot platform simplifies algorithmic investing, providing a user-friendly path to setup. Develop bots freely, construct them within five steps, and utilize them on over 50 assets. For those finding their footing, three pre-built strategies are readily available. Additionally, a performance tracker empowers traders to optimize their returns.
Diverse Asset Universe
Deriv.com unveils over 100 CFDs, encompassing:
- Forex: Discover more than 30 FX currency pairs, spanning majors, minors, and exotics.
- Stock Indices: Speculate on price shifts across leading US, Asian, and European stock indices.
- Synthetic Indices: Powered by a secure random generator, these synthetic indices emulate real-world market conditions, delivering consistent volatility 24/7. Learn more about Deriv's volatility indices.
- Commodities: Delve into precious metals like gold and silver, alongside energy resources like oil.
- Cryptocurrencies: Engage in the trade of popular tokens, such as Bitcoin (BTC), against the US Dollar (USD).
Options and multipliers also grace Deriv.com. Options grant traders the ability to profit from precise price movement predictions without holding the underlying asset. Multipliers provide an avenue for trading with leverage, magnifying potential returns while limiting risk, similar to margin trading.
Navigating Spreads & Fees
Deriv.com pledges tight spreads from a mere 0.5 pips on key forex pairs like the EUR/USD. The absence of commission charges, deposit/withdrawal fees, or inactivity penalties reinforces the broker's commitment to transparent and favorable trading conditions.
Empowering with Leverage
Leverage holds the key to expanded potential, with Deriv offering flexible leverage reaching up to 1:1000. This empowers traders to amplify position sizes through margin deposits, thereby enhancing potential gains. Leverage parameters vary based on the account type and jurisdiction of registration. Notably, EU regulations constrain retail traders in the use of leverage on major currency pairs, limiting it to 1:30.
Mobile Trading Unleashed
Deriv account holders can engage in trading on the DMT5 mobile app. Available for both Android and iOS devices, the platform impresses with reliability and ease of navigation. The investing app equips traders with valuable tools, from Market Depth to instant and pending order types, alongside netting and hedging modes. One-click trading is conveniently accessible, supported by embedded indicators and analytical utilities. Additionally, users can track their accounts and monitor trade history on the go.
Seamless Payment Methods
Deriv.com's payment ecosystem leaves an impression, offering an extensive array of deposit and withdrawal options. The deposit methods include:
- Bank Wire Transfer: Start with deposits as low as $5, typically processed within a working day.
- Credit/Debit Cards: Utilize Visa, Mastercard, and Maestro, with minimum deposits starting at $10 USD/GBP/EUR/AUD. Credit and debit card deposits are instantaneous.
- E-wallets: Skrill, Neteller, Paysafecard, WebMoney, and more are available, each with a minimum deposit threshold of 5 units in your base currency, and instant processing.
No deposit fees are charged by Deriv, ensuring your funds are maximized.
For withdrawals, a range of options mirrors the deposit methods. Bank withdrawals commence at 5 units in your base currency and take one working day for processing. Debit/credit card withdrawals start at 10 units in your base currency and also take one working day. E-wallet withdrawals require a minimum of 5 units in your base currency and are processed within one to two working days.
Similar to deposits, traders enjoy fee-free withdrawals, establishing Deriv as a cost-effective and accessible broker for both funding and withdrawing.
Unlocking the Demo Experience
Embrace the learning curve with Deriv's complimentary demo account. This mirror of the live trading environment offers an authentic experience for traders to grasp the real-money platform. Enjoy an uncapped bankroll and unrestricted access to refine strategies or explore trading. With no time limits, the demo account covers all Deriv.com platforms, serving as an ideal space to explore the broker's leveraged CFDs and multipliers.
Unveiling Bonuses & Promotions
As of now, active promotions are not in place. Nevertheless, considering Deriv's low minimum deposits and competitive fee structure, this comes as no surprise. Moreover, adhering to 2018 EU regulations, Deriv.com's ability to offer bonuses to European traders is restricted. Nonetheless, it's worthwhile to keep an eye on Deriv's website for any future sign-up offers or bonuses for existing traders.
Regulation & Trust
Our expert traders using Deriv.com are content with its trustworthiness, cemented by regulation across multiple jurisdictions. Within the EU, Deriv operates under the Malta Financial Services Authority (FSA). For traders beyond the EU, the broker holds licenses from the Vanuatu Financial Services Commission (FSC) and the British Virgin Islands Financial Services Commission (FSC). Additionally, Deriv.com falls under the purview of Malaysia's Labuan Financial Services Authority (FSA).
These licenses offer customers protection against negative balances, ensuring losses do not exceed deposits. The segregation of the broker's capital from traders' funds adds an extra layer of security. Financial services compensation schemes provide further coverage, safeguarding customers' interests in the event of broker insolvency. Note, compensation coverage varies between regulators and jurisdictions.
Enriching Features
While Deriv.com may not offer an exhaustive educational arsenal, it does foster a sense of community through its live forum, encouraging interaction among traders. The limited academy section caters to novices, equipping them with insights into specific markets like forex, commodities, and synthetic indices.
Live signals serve as a hallmark feature. Accessible via MetaTrader 5, clients can subscribe to accomplished traders, replicating their strategies and trades. This eliminates the need for constant market monitoring, allowing traders to make the most of their time. Skilled traders can even sign up as signal providers, turning their winning trades into a source of additional income.
To subscribe to an MT5 signal:
- Navigate to the 'signals' tab in the DMT5 platform.
- Choose a signal provider from the list and click 'subscribe'.
- Adjust your trading and risk parameters.
Diverse Account Offerings
Deriv offers three live account types:
- Standard
- MT5 (DMT5)
- Synthetic Indices
Each account type corresponds to distinct trading opportunities, from binaries to CFDs through MT5. Account availability aligns with the trader's geographic location, catering to regional regulations. EU traders, for example, receive account options tailored to their region, complying with ESMA regulations and Deriv's licensing.
Trading Beyond Boundaries
Unrestricted trading is yours with Deriv.com, accessible 24/7, in harmony with market operating hours. While weekend trading may see reduced volumes, leading to slightly wider spreads, the trading world remains open at Deriv.com.
Round-the-Clock Support
Deriv.com commits to 24/7 customer support through:
- Help Centre: A self-service hub catering to a spectrum of queries, spanning from account inquiries to platform matters.
- Live Chat: Direct live chat support available from the website.
Prioritizing Safety & Security
Deriv employs SSL website encryption to secure sensitive client data. This aligns with industry standards, establishing Deriv as a trustworthy guardian of your personal information.
The Deriv.com Verdict
Deriv.com emerges as the evolved version of the renowned Binary.com. This brokerage equips traders with a diverse range of platforms to suit individual trading styles and aspirations. The journey from depositing funds to withdrawing profits is swift and seamless. Clients can rest assured with a reputable broker holding licenses across various jurisdictions. Beginner-friendly features, including live signals and flexible multipliers, make Deriv a welcoming destination for traders embarking on their journey.
Note: The products featured on Deriv.com encompass binary options, contracts for difference (CFDs), and other intricate derivatives. Trading binary options may not suit everyone, and CFD trading carries substantial risk due to leverage. The products available may not be appropriate for all investors, considering the risk of losing the entire invested capital. It's vital to refrain from investing funds beyond your capacity and avoid trading with borrowed money. Before engaging with the intricate products offered, ensure a thorough understanding of the associated risks.
Global Accessibility
Deriv.com welcomes traders from Australia, Thailand, South Africa, Singapore, India, Germany, Norway, Sweden, Italy, Denmark, Saudi Arabia, Kuwait, Luxembourg, Qatar, and numerous other countries.
However, Deriv.com is unavailable for traders in the United States, Canada, Hong Kong, Israel, France, Jersey, Malaysia, Malta, Paraguay, United Arab Emirates, United Kingdom, Spain, and Portugal.
A Diverse Range of Payment Methods
Accepted payment methods at Deriv.com include:
- Neteller
- Visa
- Skrill
- WebMoney
- FasaPay
- Perfect Money
- Diners Club
- 1ForYou
- Banxa
- Paytrust
- Wire Transfer
- Mastercard
- Credit Card
- JCB Card
- Sticpay
- Trustly
- ADVcash
- Paysafecard
- AstroPay
- Maestro
- Airtm
- Boleto
Features and Benefits
1. Wide Range of Trading Instruments: Deriv offers a diverse selection of trading instruments, allowing traders to choose from various markets based on their preferences and trading strategies. Whether you are interested in forex, commodities, or indices, Deriv has got you covered. 2. User-Friendly Interface: One of the key advantages of Deriv is its intuitive and user-friendly interface. Even if you are a beginner with little to no trading experience, you can easily navigate through the platform and execute trades with just a few clicks. 3. Advanced Trading Tools: Deriv provides traders with a range of advanced trading tools to enhance their trading experience. From technical analysis indicators to customizable charts, these tools can help you make informed trading decisions and improve your overall profitability. 4. Secure and Regulated: Deriv prioritizes the security of its traders' funds and personal information. The platform is regulated by reputable authorities, ensuring that it adheres to strict standards and guidelines. Additionally, Deriv employs advanced encryption technology to protect sensitive data from unauthorized access.
Discounts and Coupon Codes
Deriv occasionally offers discounts and coupon codes to its traders, providing them with the opportunity to save on trading fees or access exclusive features. These discounts and coupon codes can be found on Deriv's official website or through promotional emails. It is recommended to regularly check for any available discounts or coupon codes to maximize your trading benefits.
Conclusion
Deriv is a reliable and feature-rich online trading platform that caters to the needs of both beginner and experienced traders. With its wide range of trading instruments, user-friendly interface, advanced trading tools, and commitment to security, Deriv has established itself as a top choice for online traders. Whether you are looking to diversify your investment portfolio or explore new trading opportunities, Deriv can provide you with the necessary tools and support to achieve your financial goals.