Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Deriv Pros & Cons
- Membership in The Financial Commission.
- Investment protection of up to €20,000.
- Zero trading fees and a wide range of derivatives with floating and fixed spreads.
- The minimum amount to trade options is $5.
- Initial deposit starting from 5 units.
- Trading platforms are customized to specific markets.
- Client funds are held in segregated accounts in major banks.
- Accounts are protected with 2FA.
- The broker does not offer the MetaTrader 4 platform for beginners.
- Investment in PAMM or MAM accounts is not available.
- There is limited educational content on the company's website.
Deriv has been operating in the financial markets since 1999 and is one of the largest online brokers in the world. All Deriv divisions are operated by the holding company Deriv.com Limited. The broker operates on an STP model with MT5 platforms and offers proprietary software for trading options called Deriv Trader. Today, traders from 190 countries around the world use Deriv's services. The company's multi-regulatory approach provides free access to its products. Its activities are regulated by MFSA (The Malta Financial Services Authority), Labuan Financial Services Authority, VFSC (Vanuatu Financial Services Commission), and BVI FSC (British Virgin Islands Financial Services Commission). Deriv specializes in leveraged trading of Forex and CFD instruments and trades in options contracts with multiples.
TU Expert Verdict
I can confidently recommend Deriv — it is a highly trusted company that I have personally tested and verified. Its trading conditions and user feedback show that most traders are satisfied, and my own experience confirms its solid and consistently reliable performance.
Top-5 Brokers Traders Prefer
Deriv User Reviews
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5-star
52%
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4-star
31%
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3-star
15%
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2-star
1%
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1-star
1%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria5 /10The trading and non-trading commissions of Deriv have been analyzed and rated as having Medium fees, with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Deriv with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Deriv’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Deriv Standard spreads Deriv OANDA FOREX.com EUR/USD min, pips 0.5 0.1 0.7 EUR/USD max, pips 0.8 0.5 1.2 GPB/USD min, pips 0.5 0.1 0.9 GPB/USD max, pips 0.8 0.5 1.4 Does Deriv support RAW/ECN accounts?
As we discovered, Deriv does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Deriv. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Deriv Non-Trading Fees Deriv OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 25 0 15 -
Is Deriv Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria7.7 /10Deriv has a safety score of 7.7/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 27 years
- Not tier-1 regulated
Deriv Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level
BVI FSC Full Name British Virgin Islands Financial Services Commission Country of regulation British Virgin Islands Investor Protection Fund No specific fund Regulation Level Tier-2
VFSC Full Name Vanuatu Financial Services Commission Country of regulation Vanuatu Investor Protection Fund No specific fund Regulation Level Tier-3
FSC (Mauritius) Full Name Financial Services Commission of Mauritius Country of regulation Mauritius Investor Protection Fund No specific fund Regulation Level Tier-3 SVG FSA
Full Name Financial Services Authority of St. Vincent and the Grenadines Country of regulation St. Vincent and the Grenadines Investor Protection Fund No specific fund Regulation Level Tier-3 Abbreviation LFSA (Malaysia) Full Name Labuan Financial Services Authority Country of regulation Malaysia Investor Protection Fund No specific fund Regulation Level Tier-2 Deriv Security Factors Foundation date 1999 Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.9.2 /10Deriv offers the following account options: Demo, Standard, Swap Free, Managed.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Low minimum deposit
- Demo account
- Standard account with balanced trading conditions
- No Cent account
- No ECN/Raw spread account
Deriv account types vs top competitors Deriv Plus500 Trading.com Standard YesYesYesECN/Raw spread NoNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free YesNoNoVIP NoNoNoManaged YesNoNoDeriv accounts trading conditions
Every Deriv client can open only one account, but choose the currency. This is done in the user account after registering on the broker's website and passing verification. Accounts differ in their characteristics as they involve trading in different instruments, depending on the chosen platform.
Account Types:
Account Type Description Deriv MT5 accounts for trading CFDs on currencies, stocks, ETFs, and commodities with leverage. CFDs on cryptocurrencies are also available. The size of the available leverage depends on the asset class; Deriv Trader accounts for trading options with a multiplier. Over 20 trading instruments are available with leverage up to 1:1000. The minimum position size is $5. A demo account is also available. The broker provides this virtual trading account for trading practice without using real funds.
Deriv offers different trading platforms, allowing traders to expand their experience with financial instruments.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology7 /10Deriv received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
Deriv provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Low minimum withdrawal requirement
- BTC available as a base account currency
- USDT (Tether) supported
- Bitcoin (BTC) accepted
- PayPal not supported
- Only major base currencies available
- Wise not supported
What are Deriv deposit and withdrawal options?
Deriv provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.
Deriv Deposit and Withdrawal Methods vs Competitors Deriv Plus500 Trading.com Bank Wire YesYesYesBank card YesYesYesPayPal NoYesNoWise NoNoNoBTC YesNoNoWhat are Deriv base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Deriv supports the following base account currencies: USD, EUR, GBP, Bitcoin.
What are Deriv's minimum deposit and withdrawal amounts?
The minimum deposit on Deriv is $5, while the minimum withdrawal amount is $5. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Deriv’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6.5 /10Deriv offers a limited selection of trading assets compared to the market average. The platform supports 190 assets in total, including 50 Forex pairs.
- Indices trading
- Copy trading platform
- Crypto trading
- Bonds not available
- Limited asset selection
Supported markets vs top competitors
We have compared the range of assets and markets supported by Deriv with its competitors, making it easier for you to find the perfect fit.
Deriv Plus500 Trading.com Currency pairs 50 60 69 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 190 2800 69 Stocks YesYesNoCommodity futures YesYesNoCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesYesNoStock indices YesYesNoOptions YesYesNoInvestment options
We also explored the trading assets and products Deriv offers for beginner traders and investors who prefer not to engage in active trading.
Deriv Plus500 Trading.com Bonds NoNoNoETFs YesYesNoCopy trading YesNoNoPAMM investing NoNoNoManaged accounts YesNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at Deriv by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10We successfully registered an account with Deriv in 15 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Deriv is $5. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Fully online account opening process
- Low minimum deposit requirement
- Fast registration time (up to 15 minutes)
- Account setup process may feel less convenient for beginners
Deriv account opening Deriv Plus500 Trading.com Online Registration YesYesYesMinimum deposit $5 $100 $50 Mandatory KYC YesYesYesRegistration time (min) 15 20 KYC time (days) 1 3 2 Is Deriv available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
If you plan to start trading CFDs or options through Deriv, create an account on their website. Here's a brief overview of how to do it:
First step to register a user account on the broker's website by clicking the "Open account" button.
The company offers to open a demo account and confirm your email by clicking on the link sent in the email. After verification, you can switch between the demo and live accounts with just one click.
In the created account, the trader can perform the following actions:
- Choose the currency for the future trading account.
- To pass verification, confirmation of identity and address is a mandatory step.
Additional features of Deriv’s user account allow traders to:
- Conduct financial operations, including depositing and withdrawing of funds;
- Set up and configure two-factor authentication;
- View account limits;
- Access login history and all transactions made;
- Generate reports on open/closed positions and pending orders.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria10 /10Deriv received a score of 10/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.
- Strategy (EA) Builder is available
- API access for automated trading
- Proprietary platform with unique features
- One-click trading
- May not support preferred trading workflows
Supported trading platforms
Deriv supports the following trading platforms: MT5, cTrader, TradingView, Proprietary platform, WebTrader. This selection covers the basic needs of most retail traders. We also compared Deriv’s platform availability with that of top competitors to assess its relative market position.
Deriv Plus500 Trading.com MT4 NoNoNoMT5 YesNoYescTrader YesNoNoTradingView YesYesYesProprietary platform YesYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey Deriv’s trading platform features
We also evaluated whether Deriv offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA YesAlerts YesTrading bots (EAs) YesOne-click trading YesScalping YesSupported indicators 38 Tradable assets 190 Additional trading tools
Deriv offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
Deriv trading tools vs competitors Deriv Plus500 Trading.com Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. YesNoYesAPI YesNoNoFree VPS YesNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. YesNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. YesNoNo -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria7.5 /10Deriv supports mobile trading, offering dedicated apps for both iOS and Android. Deriv received a score of 7.5/10 in this section, indicating a generally acceptable mobile trading experience.
- Supports mobile 2FA
- Mobile alerts supported
- Indicators supported
- Weak user feedback on iOS
We compared Deriv with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
Deriv Plus500 Trading.com Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 1,000,000 10,000,000 50,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 3.1 4.7 4.8 Google Play score 3.8 4.4 4.7 Mob. 2FA YesYesYesMob. Indicators YesYesYesMob. Alerts YesYesYes -
Customer Support
Score:We evaluated Customer Support at Deriv by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria5.4 /10Customer support at Deriv is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.
During testing, response times were moderate, and communication depended on the complexity of the request. Deriv provides basic support functionality but does not stand out in overall service performance.
InformationDeriv provides quality technical support for both registered clients and unregistered traders 24/7.
- Support is available in 17 languages
- There is an online chat available on the website
- Phone support unavailable
- Email address is not provided in the contacts section
If a trader needs assistance, they can request it:
- via chat on the broker's official website;
- on WhatsApp messenger;
- in the Deriv user community.
Deriv offices operate in 16 countries and can also be used to obtain information about the broker's services and tools.
Contacts Foundation date 1999 Registration address W Business Centre, Level 3, Triq Dun Karm, Birkirkara, BKR 9033, Malta Regulation MFSA, VFSC, FSC BVI, Labuan FSA Licence number:
IS/70156, 14556, SIBA/L/18/1114, MB/18/0024Official site https://deriv.com/eu
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Deriv Video Guides
FAQs
What commissions and fees can traders expect when using Deriv?
Deriv’s overall fee level is rated as medium, with a fees score of 5/10 in the review. The broker charges no deposit or withdrawal fees, but has above-average Forex trading fees, does not offer ECN/Raw spread accounts, and applies a $25 per month inactivity fee.
How do Deriv’s account types and trading conditions compare in the review?
The review states that Deriv offers Demo, Standard, Swap Free, and Managed accounts, but does not provide ECN/Raw spread or Cent accounts. Each client can open only one live account in a chosen currency, with trading conditions varying by platform, such as Deriv MT5 for CFDs and Deriv Trader for options with multipliers.
What do user reviews and feedback say about overall satisfaction with Deriv?
Based on available user reviews, Deriv has a user satisfaction score of 8.6/10 from 417 reviews, with 52% of ratings at 5 stars and 31% at 4 stars. The distribution of ratings indicates that overall impressions are mostly positive, with relatively few low-star reviews reported.
Which markets and tradable assets are available with Deriv according to the review?
The review notes that Deriv offers 190 tradable assets, including 50 currency pairs, stocks, commodity futures, cryptocurrencies, stock indices, and options, though the overall asset selection is described as limited. It also mentions that bonds are not available, while ETFs, copy trading, and managed accounts are supported.
What feedback does the review provide about Deriv’s mobile trading apps?
According to the review, Deriv supports mobile trading on iOS and Android, with a mobile section score of 7.45/10 and around 1,000,000 total downloads. The apps include indicators, mobile 2FA, and trading alerts, while user feedback on iOS is described as weak, reflected in an App Store score of 3.1 compared with 3.8 on Google Play.
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