April 24, 2024

In the ever-evolving landscape of online trading, finding a reliable and trustworthy broker can be a daunting task. As we approach 2024, one name that has been making waves in the industry is Deriv. This comprehensive Deriv broker review aims to provide you with an in-depth analysis of this platform, its features, and its suitability as a forex broker.

Deriv is a trading platform operated by Deriv Investments (Europe) Limited, which is licensed and regulated by the Malta Financial Services Authority (MFSA). The company has a strong presence in various regions, catering to traders from different countries and providing multilingual support.

Deriv is an online trading platform that offers a wide range of financial instruments, including forex, stocks, commodities, and cryptocurrencies. It is operated by Deriv Investments (Europe) Limited, a company licensed and regulated by the Malta Financial Services Authority (MFSA).

Deriv registration form

Congratulations! Your Demo Account setup is complete! You will receive $10,000 of virtual money to trade with your Demo Account.

Bank transfers, credit/debit cards, e-wallets and cryptocurrencies are all accepted deposit methods. Bank transfers require at least a $5 initial deposit.

A base payment of 10$/£/€ is required when using Visa or MasterCard credit and debit cards.

E-wallets such as Skrill, Neteller, Fasapay, Webmoney, Paysafe and many others can be accessed with a nominal investment of $5.

Real-time deposits are offered for bank transfers, card payments, and e-wallets.

Cryptocurrencies can also be used to deposit money. BTC, Ether, LTC and Tether are examples. There is no minimum payment requirement for them. 3 blockchain approvals are required to complete transactions.

If you want to deposit money on Deriv, you must use the Cashier. In our experience, this is a smart system to combine all payment methods and deposit options into one menu. See the screenshot of the Cashier menu below

Withdrawals offer the same options as deposits. According to the operator, bank transfers will start with a $5 withdrawal

It may take up to 2 days to complete. For bank cards, the minimum is $10 and takes up to one day to process.

Ghi chú: MasterCard and Maestro withdrawals are only available to traders from the UK.

To withdraw money using an e-wallet, you must withdraw at least 5 major currencies. It is completed within 1 business day.

Furthermore, Bitcoin has the lowest withdrawal amount among cryptocurrencies, at 0.0026. It takes one day to execute using 3 blockchain confirmations.

Deriv takes pride in its customer support services, offering multiple channels for traders to seek assistance and resolve any issues they may encounter.

The live chat feature on the Deriv platform allows traders to connect with customer support representatives in real-time, ensuring prompt assistance and resolution of queries or issues.

For non-urgent inquiries or more detailed support, traders can also reach out to Deriv's customer support team via email.

Recognizing the global nature of its client base, Deriv offers multilingual customer support, ensuring that traders from various regions can communicate effectively and receive assistance in their preferred language.

Opening an account with Deriv is a straightforward process that can be completed entirely online.

In short, Deriv presents itself as a reputable and user-friendly online trading platform that caters to traders of various skill levels. With strong regulatory support, commitment to security and innovative trading tools, Deriv offers an attractive option for those looking for a reliable forex broker.
While Deriv excels in areas like educational resources, customer support, and ease of use, it may lack some advanced features that professional traders desire. Ultimately, the decision to trade with Deriv will depend on each individual's trading preferences, needs and risk appetite.
Regardless of your trading experience or goals, you should conduct thorough research, understand the risks involved and seek professional advice if necessary before committing to any trading platform. or any broker.

In this Deriv trading review, we want to give you the answer as to whether Deriv is legit or not. The answer is yes. Deriv has been operating legally in the commercial market for over two decades and has been upgraded, improved and constantly developed. From our experience, this organization promotes growth and prioritizes providing excellent service to consumers. The redesign provides additional options and alternatives to traders on how they want their respective trades to play out.

It allows you to invest and choose from over 100 instruments, including Forex, stocks, commodities and indices. These platforms are simple, user-friendly, and powerful. The company offers huge leverage of approx. 1:1000. Tools have been developed and improved, customer care is efficient and courteous.

We recommend Deriv.com for its expertise, verified statistics, and commitment to serving customers through its merchandise and facilities. So we rate it with 5 out of 5 stars. We can say that deriv.com's change is solid, well thought out and worthwhile.

Deriv warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors. Before deciding to trade with Deriv, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.

Deriv warns that margin trading involves the potential for profit as well as the risk of loss and those movements in the price of foreign exchange and commodities are very unpredictable, hence Deriv cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.