According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $5-25
- MetaTrader5
- Deriv Trader
- MFSA
- LFSA
- VFSC
- BVI FSC
- FSC (Mauritius)
- 2014
Our Evaluation of Deriv
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Deriv is a reliable broker with the TU Overall Score of 7.2 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Deriv clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company.
Deriv specializes in three markets - Forex, CFDs, and options. Thanks to its extensive network of representatives, its services are available worldwide, and its multi-regulatory approach ensures high reliability.
Brief Look at Deriv
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.
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- Membership in The Financial Commission, which provides 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 of the account's base currency - EUR, USD, GBP, AUD;
- Trading platforms are customized to specific markets;
- Client funds are held in segregated accounts in major banks;
- Accounts are protected with two-factor authentication.
- The broker does not offer the more user-friendly MetaTrader 4 platform for beginners;
- Investment in PAMM or MAM accounts is not available;
- There is limited educational content on the company's website.
TU Expert Advice
Financial expert and analyst at Traders Union
Deriv is a company with years of experience in the financial markets. Over the years of brokerage activity in the Forex, CFD, and options markets, it has developed its own model of brokerage services provision, which is based on fair pricing and quality technical support. Deriv is regulated in four jurisdictions, which allows for the diversification of trading conditions and the list of available instruments.
The broker complies with all the rules of financial regulators: it holds client funds in segregated accounts, provides negative balance protection, and adheres to the KYC (Know Your Client) procedure. All accounts must be verified, meaning the client must confirm their identity and residential address. The company verifies uploaded documents within 1-3 days. After activating the trading account, funds sent from cards and electronic systems appear on the balance almost instantly.
The initial deposit requirements are quite decent. For different payment methods, they are 5, 10, or 25 units of the account's base currency. Withdrawal conditions are also client-oriented as you can withdraw minimal profits, even EUR/USD 5-10. An additional advantage of Deriv is that it provides the MT5 trading platform in various versions—WEB, Desktop, and mobile applications.
- Your goal is to maximize your profits through derivatives. Deriv offers a unique function called multipliers, which allows traders to increase their profits when the market moves in their favor. Additionally, if the market trends against the trader, they won't lose more than their initial stake.
- You are looking for a reputable and well-established company. Deriv was founded in 1999 and is currently regulated by MFSA, VFSC, and Labuan FSA. Reviews of the platform are generally positive.
- You prefer not to use MetaTrader 5 and cTrader platforms. Currently, Deriv does not support MetaTrader 4, RTrader, NinjaTrader, or other popular trading solutions. Deriv also has a proprietary platform, but the opinions about it are divided.
Deriv Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
💻 Trading platform: | MetaTrader 5, Deriv Trader |
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📊 Accounts: | Demo, Deriv MT5, Deriv Trader |
💰 Account currency: | USD, EUR, GBP, AUD |
💵 Deposit / Withdrawal: | Cards (VISA, VISA Electron, Maestro, Mastercard), Skrill, Neteller, Jeton, online banking systems EPS, GiroPay, Przelewy24, Rapid Transfer, iDEAL, DP2P (funds exchange between broker's clients) |
🚀 Minimum deposit: | $5-25, depending on the payment method |
⚖️ Leverage: | Up to 1:1000 (Forex), up to 1:150 (CFDs on stocks) |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.001 |
💱 EUR/USD spread: | 0,5-0,8 pips |
🔧 Instruments: |
MT5: Forex, CFDs on stocks, stock and synthetic indices, cryptocurrencies, commodities, ETFs Deriv Trader: Multiplier options on various asset classes |
💹 Margin Call / Stop Out: | 100%/50% |
🏛 Liquidity provider: | N/A |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | Exchange Execution (CFDs on stocks), Market Execution |
⭐ Trading features: | Fixed spreads on synthetic indices, no trading fees on all asset classes |
🎁 Contests and bonuses: | No |
The range of available assets for Deriv clients depends on the chosen trading platform. On the classic MetaTrader 5 trading platform, about 150 CFDs are available. Deriv Trader's proprietary platform allows trading with option contracts with a multiplier. The maximum leverage for Forex is 1:1000 ; for cryptocurrencies, it is 1:2; for synthetic indices and ETFs, it is 1:5; for commodities such as metals and oil, it is 1:10; for stock indices, it is 1:20; and for stocks, it is 1:150.
Deriv Key Parameters Evaluation
Video Review of Deriv
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Great support
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I impressed with the speed
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Diverse Trading Instruments and Markets. A unique offering that simulates real-world market movements but are unaffected by real-world events or liquidity risks. These are available 24/7, including weekends and holidays.
No Phone Support
Derivatives improve market efficiency by enabling price discovery, which helps determine fair value based on supply and demand.
I didn't find


Genuine earnings
None
Convenient for auto-trading and fast withdrawals
Didn’t notice any significant issues


Trading Account Opening
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:
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Choose the currency for the future trading account.
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To pass verification, confirmation of identity and address is a mandatory step.
Additional features of Deriv’s user account allow traders to:
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Conduct financial operations, including depositing and withdrawing of funds;
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Set up and configure two-factor authentication;
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View account limits;
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Access login history and all transactions made;
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Generate reports on open/closed positions and pending orders.
Regulation and safety
Deriv 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 11 years
- Not tier-1 regulated
Deriv Regulators and Investor Protection
Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
---|---|---|---|---|
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British Virgin Islands Financial Services Commission | British Virgin Islands | No specific fund | Tier-2 |
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Vanuatu Financial Services Commission | Vanuatu | No specific fund | Tier-3 |
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Financial Services Commission of Mauritius | Mauritius | No specific fund | Tier-3 |
|
Financial Services Authority of St. Vincent and the Grenadines | St. Vincent and the Grenadines | No specific fund | Tier-3 |
LFSA (Malaysia) | Labuan Financial Services Authority | Malaysia | No specific fund | Tier-2 |
Deriv Security Factors
Foundation date | 2014 |
Negative balance protection | Yes |
Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker Deriv have been analyzed and rated as Medium with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
- Inactivity fee applies
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 | Pepperstone | OANDA | |
EUR/USD min, pips | 0,5 | 0,5 | 0,1 |
EUR/USD max, pips | 0,8 | 1,5 | 0,5 |
GPB/USD min, pips | 0,5 | 0,4 | 0,1 |
GPB/USD max, pips | 0,8 | 1,4 | 0,5 |
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 | Pepperstone | OANDA | |
Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 0 | 0 | 0-15 |
Inactivity fee ($, per month) | 25 | 0 | 0 |
Account types
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:
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.
Deposit and withdrawal
Deriv 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.
- BTC available as a base account currency
- Low minimum withdrawal requirement
- No deposit fee
- No withdrawal fee
- Wise not supported
- Only major base currencies available
- Limited deposit and withdrawal flexibility, leading to higher costs
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 | Pepperstone | |
Bank Wire | Yes | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | No | Yes | Yes |
Wise | No | No | No |
BTC | Yes | No | No |
What are Deriv base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Deriv supports the following base account currencies:
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.
Markets and tradable assets
Deriv offers a limited selection of trading assets compared to the market average. The platform supports 190 assets in total, including 50 Forex pairs.
- Crypto trading
- 50 supported currency pairs
- Indices trading
- Limited asset selection
- Futures not available
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 | Pepperstone | |
Currency pairs | 50 | 60 | 90 |
Total tradable assets | 190 | 2800 | 1200 |
Stocks | Yes | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | Yes | Yes | No |
Investment 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 | Pepperstone | |
Bonds | No | No | No |
ETFs | Yes | Yes | Yes |
Copy trading | Yes | No | Yes |
PAMM investing | No | No | Yes |
Managed accounts | Yes | No | No |
Trading platforms & tools
Deriv 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.
- MetaTrader is available
- Strategy (EA) Builder is available
- Trading bots (EAs) allowed
- Free VPS for uninterrupted 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 | Pepperstone | |
MT4 | No | No | Yes |
MT5 | Yes | No | Yes |
cTrader | Yes | No | Yes |
TradingView | Yes | Yes | Yes |
Proprietary platform | Yes | Yes | Yes |
NinjaTrader | No | No | No |
WebTrader | Yes | Yes | Yes |
Key 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 | Yes |
Alerts | Yes |
Trading bots (EAs) | Yes |
One-click trading | Yes |
Scalping | Yes |
Supported 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 | Pepperstone | |
Trading Central | Yes | No | No |
API | Yes | No | Yes |
Free VPS | Yes | No | Yes |
Strategy (EA) builder | Yes | No | Yes |
Autochartist | Yes | No | Yes |
Mobile apps
Deriv supports mobile trading, offering dedicated apps for both iOS and Android. Deriv received a score of 7.45/10 in this section, indicating a generally acceptable mobile trading experience.
- Mobile alerts supported
- Indicators supported
- Supports mobile 2FA
- 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 | Pepperstone | |
Total downloads | 1,000,000 | 10,000,000 | 100,000 |
App Store score | 3.1 | 4.7 | 4.0 |
Google Play score | 3.8 | 4.4 | 4.0 |
Mob. 2FA | Yes | Yes | Yes |
Mob. Indicators | Yes | Yes | Yes |
Mob. Alerts | Yes | Yes | Yes |
Education
Deriv does not provide training for beginner traders to trade in the real market. The company does not offer personalized training, or conduct educational webinars and courses, and there is very little information for newcomers on its website. The Markets and Help Centre sections provide basic information about various asset classes supported by Deriv platforms.
The demo account is designed to familiarize yourself with the trading platform, learn market features, and develop and test strategies without risking real funds. It is an excellent learning tool for beginners for CFD, Forex, and options trading.
Customer support
Deriv provides quality technical support for both registered clients and unregistered traders 24/7.
Advantages
- Support is available in 17 languages
- There is an online chat available on the website
Disadvantages
- Phone support unavailable
- Email address is not provided in the contacts section
If a trader needs assistance, they can request it:
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via chat on the broker's official website;
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on WhatsApp messenger;
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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 | 2014 |
---|---|
Registration address | Deriv Investments (Europe) Limited, 2nd Floor, 1 Cornet Street, St Peter Port, Guernsey, GY1 1BZ |
Regulation | MFSA, LFSA, VFSC, BVI FSC, FSC (Mauritius) |
Official site | https://deriv.com/ |
Contacts |
Comparison of Deriv with other Brokers
Deriv | Eightcap | XM Group | RoboForex | TeleTrade | NPBFX | |
Trading platform |
Deriv Trader, MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MT5 | MT4 |
Min deposit | $5 | $100 | $5 | $10 | $10 | $10 |
Leverage |
From 1:1 to 1:30 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:200 to 1:1000 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | 1.00% | No | No | 10.00% | 1.00% | No |
Spread | From 0.4 points | From 0 points | From 0.8 points | From 0 points | From 0.2 points | From 0.4 points |
Level of margin call / stop out |
100% / 50% | 80% / 50% | 100% / 50% | 60% / 40% | 70% / 20% | No / 30% |
Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Instant Execution, Market Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | No | No | Yes | Yes | No |
Detailed Review of Deriv
Deriv is a broker with a client base of over 2.5 million traders, more than 1 million of whom actively trade in financial markets. The Deriv network comprises four companies with offices in 20 cities across Europe, Asia, Africa, and Latin America. The total volume of Deriv contracts exceeds $15 trillion. The broker advocates for fair and transparent relationships with clients. Hence, no hidden fees are charged, and communication with clients is highly efficient.
Deriv by the numbers:
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The company was founded over 25 years ago;
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Rated 4.6 on Trustpilot, based on over 43,000 reviews;
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Over 475,000 Deriv clients trade on the MT5 trading platform;
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Trading in more than 150 CFDs is available;
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The broker’s fee for CFD trading is EUR/USD 0.
Deriv is a broker that offers trading in contracts for difference and options
Trading synthetic indices, known as Derived indices, and cryptocurrencies is available 24/7, while other instruments are available 24/5. In EU countries, the broker offers two trading platforms - MT5 and Deriv Trader. MT5 is designed for trading Forex and CFD assets with leverage. On Deriv Trader, you can trade with Multipliers options, which is a type of trading where a trader cannot lose more funds than those involved in the trade, even when using leverage. Moreover, if the position does not become unprofitable, increased profit is paid out due to leverage.
The Multipliers contract type allows for reducing losses without limiting potential profits. The standard leverage provided for CFD trading increases the trader's purchasing power and the potential loss size.
Useful Functions of Deriv:
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Online margin calculator. With it, traders can calculate how much funds are needed to open and maintain a trading position in the MT5 platform;
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Options trading robots. Ready-made bots for effective strategies are available, as well as a constructor for creating your own robot from blocks;
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Deriv community. In it, the broker's clients can communicate and share experiences, trading strategies, and ideas;
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Demo account. It is available on the classic MetaTrader 5 platform and the broker's proprietary platform.
Advantages:
Support is available 24/7, including via chat and WhatsApp;
There is a wide range of CFDs and access to various markets;
The broker provides trading of volatility indices and synthetic indices;
There are no fees for active trading accounts maintenance and provision of functional platforms;
A good selection of payment systems and deposit/withdrawal currencies.
Deriv offers traders a range of online trading calculators to calculate margin requirements for a specific position, pip, swap sizes, and stop-loss and lock-profit levels.
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