Deriv Broker Review 2025: Features, Pros and Cons Explained

Overview

Deriv is an online forex and CFD broker founded in 1999 that offers over 250 trading instruments across various markets. With a strong presence in Europe, Asia, and the Middle East, Deriv serves over 3 million clients globally. The company has received numerous awards and recognitions, including "Best Forex Broker Asia" and "Best Binary Options Broker" from Global Banking & Finance Review.

Deriv's official website provides a wealth of information about their services, trading platforms, account types, and educational resources. As an experienced broker with over two decades in the industry, Deriv has built a solid reputation for reliability, innovation, and customer-centric approach.

For more detailed information about Deriv's offerings, visit their official website at [Deriv.com].

Overview Table

Category	Details
Broker	Deriv
Year Founded	1999
Number of Staff	500+
Number of Active Traders	3 million+
Regulation	MFSA, LFSA, BVI FSC, Vanuatu FSC, FMA, FSC Mauritius, SVG, TFC
Countries of Regulation	Malta, Labuan, British Virgin Islands, Vanuatu, New Zealand, Mauritius, Saint Vincent and the Grenadines, Hong Kong
Suited to Professionals	Yes
Suited to Active Traders	Yes
Suited to Beginners	Yes
Most Notable Benefit	Diverse range of products, platforms, and account types
Most Notable Disadvantage	Limited customer support options, no phone support

Facts List

1. Founded in 1999 with 25+ years of operational experience
2. Serves over 3 million clients worldwide
3. Offers 250+ tradable instruments across forex, indices, stocks, commodities, and cryptocurrencies
4. Provides 6 trading platforms, including MT5, cTrader, and proprietary solutions
5. Supports algorithmic trading and social/copy trading
6. Regulated by multiple authorities: MFSA, LFSA, BVI FSC, Vanuatu FSC
7. Offers swap-free Islamic accounts
8. Low minimum deposit of $10
9. Fast processing for deposits and withdrawals within 1 day
10. 24/7 customer support via live chat

Deriv Licenses and Regulatory

Deriv operates under the regulation of several reputable authorities:

• Malta Financial Services Authority (MFSA)
• Labuan Financial Services Authority (LFSA)
• British Virgin Islands Financial Services Commission (BVI FSC)
• Vanuatu Financial Services Commission (Vanuatu FSC)

This multi-jurisdictional regulation provides a strong foundation for client trust and security. Deriv adheres to strict financial standards, including segregation of client funds and negative balance protection on some account types.

Trading Instruments

Deriv offers a comprehensive range of over 250 tradable instruments across multiple asset classes:

Asset Class	Details
Forex	currency pairs, including majors, minors, and exotics
Indices	Global stock indices from over 10 countries
Commodities	Precious metals, energies, and other commodities
Cryptocurrencies	crypto pairs with 24/7 trading
Synthetic Indices	Exclusive derived indices with high volatility (only available on Deriv)

Trading Platforms

Deriv offers clients a diverse selection of trading platforms, catering to various trading styles, preferences, and experience levels. Whether you're a beginner or a seasoned trader, Deriv's platform offerings ensure a smooth and satisfying trading experience.

MetaTrader 5 (MT5)

One of the most popular trading platforms globally, MT5 is available to Deriv clients, providing a familiar and feature-rich environment. MT5 offers advanced charting tools, a wide range of technical indicators, and the ability to trade across multiple asset classes, including forex, indices, commodities, and cryptocurrencies.

Key features of Deriv's MT5 platform:

• Customizable interface with a variety of charts and timeframes
• 50+ pre-installed technical indicators and drawing tools
• Algorithmic trading support through Expert Advisors (EAs)
• One-click trading and advanced order types
• 24/7 cryptocurrency trading

Deriv X

For traders seeking a more streamlined and user-friendly experience, Deriv X is the broker's proprietary platform designed to simplify the trading process without compromising functionality. Deriv X offers a clean, intuitive interface, making it easy for traders to access their preferred markets and execute trades seamlessly.

Notable features of Deriv X:

• Customizable layouts and workspaces
• Advanced charting with 100+ indicators and drawing tools
• Integrated news and analysis for informed decision-making
• Algorithmic trading capabilities through Deriv X Bots
• Cross-device compatibility for trading on the go

SmartTrader

SmartTrader is Deriv's web-based platform designed specifically for options trading. With a user-friendly interface and instant access to a wide range of markets, SmartTrader enables traders to place options trades with just a few clicks.

Key advantages of SmartTrader:

• Instant access through web browsers, no downloads required
• Clear and concise display of option prices and potential returns
• Customizable trade parameters, such as duration and payout
• Real-time market prices and option chain updates
• Accessible from both desktop and mobile devices

Deriv Trader

Deriv Trader is another proprietary platform offered by the broker, focusing on CFD trading across multiple asset classes. The platform provides a comprehensive trading experience with advanced tools and features, making it suitable for traders of all levels.

Features of Deriv Trader:

• Intuitive and customizable interface
• 100+ tradable instruments across forex, indices, commodities, and more
• Advanced charting with multiple timeframes and chart types
• Integrated risk management tools, such as stop-loss and take-profit orders
• One-click trading and advanced order types

Mobile Trading

Apps For traders who value flexibility and the ability to trade on the go, Deriv offers mobile trading apps for both Android and iOS devices. The Deriv X and Deriv Trader apps provide a seamless and feature-rich mobile trading experience, allowing traders to access their accounts, monitor markets, and execute trades from their smartphones or tablets.

Key features of Deriv's mobile apps:

• Secure login and account management
• Real-time market prices and charts
• One-click trading and advanced order types
• Push notifications for important market events and trade updates
• Sync with desktop platforms for a unified trading experience

Algorithmic Trading

Deriv recognises the growing importance of algorithmic trading and offers tools to help traders automate their strategies. The broker's algorithmic trading offerings include:

• Expert Advisors (EAs) for MT5: Traders can develop, test, and deploy custom trading algorithms using the MQL5 programming language.
• Deriv X Bots: A user-friendly, drag-and-drop interface for creating and executing trading bots without the need for coding skills.

By offering a range of algorithmic trading tools, Deriv enables traders to take advantage of automated strategies and potentially optimise their trading performance.

Deriv's commitment to providing reliable, user-friendly, and feature-rich trading platforms sets it apart in the competitive online trading industry. By catering to various trading styles and experience levels, Deriv ensures that clients can access the tools and resources they need to make informed trading decisions and execute their strategies effectively.

Trading Platforms comparison table

Feature	MT5	Deriv X	SmartTrader	Deriv Trader	Mobile Apps
Customizable layout	Yes	Yes	No	Yes	No
Advanced charting	Yes	Yes	No	Yes	Yes
Technical indicators	Yes (50+)	Yes (100+)	No	Yes (100+)	Limited
Drawing tools	Yes	Yes	No	Yes	Limited
One-click trading	Yes	Yes	Yes	Yes	Yes
Advanced order types	Yes	Yes	No	Yes	Yes
Algorithmic trading	Yes (EAs)	Yes (Bots)	No	No	No
Integrated news & analysis	No	Yes	No	No	No
Web-based access	Yes	Yes	Yes	Yes	No
Desktop application	Yes	No	No	No	No
Mobile compatibility	Yes	Yes	Yes	Yes	Yes (native)
Asset classes supported	Yes	Yes	Options only	Yes	Yes
Suitable for beginners	No	Yes	Yes	Yes	Yes
Suitable for advanced traders	Yes	Yes	No	Yes	Yes

Deriv How to Open an Account: A Step-by-Step Guide

Opening an account with Deriv is a simple and straightforward process:

1. Visit Deriv's official website at [Deriv.com] and click "Create free account"
2. Enter your email address and choose a password
3. Verify your email by clicking the link sent to your inbox
4. Fill in your personal details and select your preferred account currency
5. Choose your account type and trading platform
6. Make a deposit using one of the available payment methods
7. Verify your identity by submitting proof of ID and address
8. Start trading

Deriv offers a fast and user-friendly account opening process with helpful guides available on their website. Most accounts are ready to trade within 24 hours of registration.

Charts and Analysis

Deriv provides a comprehensive suite of educational resources and tools to support clients in their trading journey:

Resource Type	Description
Webinars	Live and on-demand sessions covering various trading topics
Video Tutorials	Step-by-step guides on using Deriv's platforms and features
E-books	Downloadable trading guides and strategies
Blog	Regular articles on market analysis, trading psychology, and more
Economic Calendar	Real-time updates on important market-moving economic events
Trading Signals	Integrated signals from third-party providers
Market Sentiment	Crowd-sourced insights and positioning data to gauge market trends

Deriv Account Types

Deriv offers a range of account types tailored to suit the diverse needs of traders, from beginners to experienced professionals. By providing multiple account options, Deriv ensures that traders can select an account that aligns with their trading style, risk tolerance, and financial goals.

Deriv MT5 Accounts

1. Synthetic Account

• Trade Deriv's proprietary synthetic indices 24/7
• Minimum deposit: $5
• Leverage up to 1:1000
• Tight spreads from 0.1 points
• Commission-free trading

2. Financial Account

• Trade forex, metals, and other financial instruments
• Minimum deposit: $5
• Leverage up to 1:1000 (depending on the instrument)
• Competitive spreads from 0.1 pips
• Commission-free trading

3. Financial STP Account

• Direct access to the market with minimal broker intervention
• Minimum deposit: $100
• Leverage up to 1:100
• Raw spreads from 0 pips
• Commission charged per trade

Deriv X Accounts

1. Synthetic Account

• Trade Deriv's synthetic indices with high leverage
• Minimum deposit: $5
• Leverage up to 1:1000
• Fixed and variable spreads available
• Commission-free trading

2. Financial Account

• Trade a wide range of financial instruments
• Minimum deposit: $5
• Leverage up to 1:1000 (depending on the instrument)
• Tight spreads from 0.1 points
• Commission-free trading

Deriv Trader Accounts

1. Synthetic Account

• Trade options and multipliers on synthetic indices
• Minimum deposit: $5
• Payouts up to 1000%
• No spreads or commissions
• Minimum stake from $0.35 per trade

2. Financial Account

• Trade options and multipliers on financial instruments
• Minimum deposit: $5
• Payouts up to 1000%
• No spreads or commissions
• Minimum stake from $0.35 per trade

Demo Account

• Practice trading with virtual funds
• Available on all trading platforms
• Replenishable virtual balance of $10,000
• Access to the same trading conditions as live accounts
• No time limit or expiration

Deriv's account types cater to the varied needs of traders, offering flexibility in terms of trading instruments, leverage, spreads, and commissions. The Synthetic Accounts provide unique trading opportunities with Deriv's proprietary synthetic indices, while the Financial Accounts offer access to a wide range of traditional financial instruments.

The Deriv X and Deriv Trader accounts offer a user-friendly and customisable trading experience, with the ability to trade options and multipliers on both synthetic indices and financial instruments. The high payouts and low minimum stakes make these accounts attractive for traders looking to maximise their potential returns.

For new traders or those looking to test strategies, the Demo Account provides a risk-free environment to practise trading with virtual funds. With no time limit or expiration, traders can take their time to familiarise themselves with the platforms and refine their skills before transitioning to a live account.

Account Types Comparison Table

Negative Balance Protection

Deriv's Negative Balance Protection Policy To protect its clients from the risks associated with negative balances, Deriv has implemented a comprehensive negative balance protection policy:

1. Guaranteed protection: Deriv guarantees that clients will never lose more than the funds available in their trading account. In the event of a negative balance, Deriv will absorb the excess loss and reset the account balance to zero.
2. Applicable to all account types: Negative balance protection applies to all Deriv trading accounts, including Synthetic, Financial, and Financial STP accounts, ensuring that all clients benefit from this safety net.
3. No additional costs: Deriv offers negative balance protection as a complimentary feature, with no additional fees or charges for clients.

Terms and Conditions

While Deriv's negative balance protection provides a significant safety net, traders should be aware of the following terms and conditions:

1. Policy applies to individual trades: Negative balance protection is applied on a per-trade basis. This means that if a single trade results in a negative balance, Deriv will cover the excess loss. However, if multiple trades collectively lead to a negative balance, the trader may still be responsible for the overall negative amount.
2. Abuse of the policy: Deriv reserves the right to investigate and take appropriate action if it suspects a client is abusing the negative balance protection policy. Abuse may include intentionally exploiting the policy for financial gain or engaging in high-risk trading strategies with the expectation of being protected.

Deriv's Commitment to Fund Safety

Deriv's negative balance protection policy is just one aspect of its broader commitment to safeguarding clients' funds and promoting responsible trading. Other measures include:

1. Segregated client funds: Deriv keeps client funds separate from its own operating funds in segregated bank accounts, ensuring that clients' money is protected in the event of financial difficulties.
2. Risk management tools: Deriv provides a range of risk management tools, such as customisable leverage settings and stop-loss orders, to help traders manage their exposure and minimise potential losses.
3. Educational resources: Deriv offers comprehensive educational materials, including webinars, tutorials, and articles, to help traders develop their skills and knowledge, promoting informed and responsible trading decisions.

By offering negative balance protection and implementing various safety measures, Deriv demonstrates its dedication to creating a secure and reliable trading environment for its clients. Traders can engage in the markets with greater confidence, knowing that their potential losses are limited to the funds in their accounts. In conclusion, negative balance protection is an essential feature that every trader should consider when choosing a broker. Deriv's robust negative balance protection policy, combined with its commitment to fund safety and risk management, makes it a trustworthy choice for traders seeking a secure and responsible trading experience.

Deriv Deposits and Withdrawals

Deriv supports a wide range of deposit and withdrawal methods for clients' convenience:

Deposit Methods

Support Service for Customer

In the fast-paced world of online trading, reliable customer support is crucial for a positive trading experience. Traders need to know that they can quickly get help when they encounter issues or have questions about the platform, their account, or trading in general. Deriv understands the importance of providing excellent customer support and offers various channels for traders to reach out for assistance.

Live Chat Support

Deriv offers 24/7 live chat support, ensuring that traders can get help whenever they need it, regardless of their time zone. The live chat feature is easily accessible from the Deriv website, and traders can expect quick response times, usually within a few minutes.

Email

Support For less urgent enquiries or more detailed questions, traders can contact Deriv's customer support via email. The support team aims to respond to all emails within 24 hours, providing comprehensive and helpful answers to traders' questions.

Support Languages

To cater to its global client base, Deriv offers customer support in multiple languages, including:

• English
• Spanish
• French
• German
• Italian
• Portuguese
• Chinese
• Indonesian
• Russian
• Vietnamese

Traders can choose their preferred language when contacting customer support, ensuring that they can communicate effectively and get the help they need.

Help Center

In addition to direct customer support, Deriv maintains a comprehensive Help Center on its website. The Help Center contains a wide range of articles, tutorials, and FAQs covering various topics, such as:

• Account management
• Trading platforms
• Payment methods
• Trading strategies
• Technical issues

Traders can search the Help Center for answers to their questions, potentially saving time and finding solutions without needing to contact customer support directly.

Social Media Support

Deriv maintains an active presence on popular social media platforms, such as Facebook, Twitter, and Instagram. Traders can follow Deriv on these platforms to stay updated on the latest news, promotions, and educational content. While social media is not the primary channel for customer support, traders can still reach out to Deriv through these platforms and expect a prompt response.

Response Times and Guarantees

Deriv prides itself on providing fast and efficient customer support. The company aims to respond to all enquiries as quickly as possible, with the following targets:

• Live chat: Within 5 minutes
• Email: Within 24 hours
• Social media: Within 24 hours

While these are targets and not guarantees, Deriv's customer support team works hard to meet these goals and provide timely assistance to traders.

Customer Support Comparison Table

Channel	Availability	Response Time	Supported Languages
Live Chat	24/7	Within 5 minutes	English, Spanish, French, German, Italian, Portuguese, Chinese, Indonesian, Russian, Vietnamese
Email	24/7	Within 24 hours	English, Spanish, French, German, Italian, Portuguese, Chinese, Indonesian, Russian, Vietnamese
Help Center	24/7	N/A	English, Spanish, French, German, Italian, Portuguese, Chinese, Indonesian, Russian, Vietnamese
Social Media	Monday–Friday	Within 24 hours	English

Prohibited Countries

Due to various factors such as local regulations, licensing requirements, and geopolitical considerations, Deriv is prohibited from offering its services in certain countries and regions. It is essential for traders to be aware of these restrictions to avoid any potential legal consequences or risks associated with attempting to trade with Deriv from a prohibited jurisdiction.

Reasons for Prohibited Countries

1. Local regulations: Some countries have strict regulations governing online trading and foreign exchange transactions. These regulations may prohibit or restrict the operation of international brokers like Deriv within their jurisdiction.
2. Licensing requirements: In certain countries, brokers are required to obtain specific licenses or authorisations from local regulatory bodies to offer their services legally. If Deriv does not hold the necessary licenses in a particular country, it is prohibited from operating there.
3. Geopolitical factors: Political tensions, economic sanctions, or other geopolitical considerations may prevent Deriv from offering its services in specific regions or countries.

Prohibited Countries and Regions

• USA
• Canada
• Hong Kong
• Israel
• Jersey
• Malaysia
• Malta
• Paraguay
• UAE
• UK

Special Offers for Customers

Deriv offers a range of special promotions and offers designed to enhance traders' experiences and provide additional value. These offers cater to both new and existing clients, rewarding them for choosing Deriv as their preferred trading platform.

Sign-Up Bonus

New traders who open an account with Deriv can take advantage of a sign-up bonus. This bonus is credited to the trader's account after they make their first deposit and can be used to trade on the platform. The bonus amount may vary depending on the size of the initial deposit and the specific terms of the promotion.

Key terms and conditions:

• Minimum deposit requirement
• Trading volume threshold to be met before bonus can be withdrawn
• Time limit for meeting the trading volume requirement
• Bonus is credited as a separate balance and cannot be withdrawn directly

Loyalty Program

Deriv's loyalty program rewards traders for their continued activity on the platform. Traders earn points based on their trading volume, and these points can be redeemed for various benefits, such as cash bonuses, fee discounts, or exclusive access to educational resources and events.

Key features of the loyalty program:

• Points earned based on trading volume
• Tiered system with increasing benefits at higher levels
• Points can be redeemed for cash bonuses, fee discounts, or other rewards
• Exclusive access to educational resources and events for high-tier members

Trading Competitions

Deriv regularly hosts trading competitions, giving traders the opportunity to showcase their skills and compete for attractive prizes. These competitions typically run for a specific period and may focus on particular assets or trading strategies.

Key features of trading competitions:

• Open to all Deriv clients
• Prizes awarded based on trading performance, such as highest return or most profitable trades
• Leaderboard updated in real-time, allowing traders to track their progress
• Prizes may include cash, bonus funds, or other rewards

Refer a Friend

Deriv's refer-a-friend program allows existing clients to earn rewards by introducing new traders to the platform. When a referred friend opens an account and starts trading, the referring client receives a bonus or commission.

Key terms and conditions:

• Referred friend must open a new account and meet minimum deposit and trading volume requirements
• Bonus or commission credited to the referring client's account after the requirements are met
• Limitations on the number of friends that can be referred or the total amount that can be earned

Partnerships and Third-Party Offers

Deriv may also offer special promotions in partnership with third-party service providers, such as trading signal providers, educational platforms, or market analysis tools. These offers may include discounted access to the partner's services or exclusive content and resources for Deriv clients.

Key features of partnerships and third-party offers:

• Discounted or exclusive access to trading-related services
• Complimentary access to educational resources or market analysis
• Improved trading experience through integration with Deriv's platforms

When taking advantage of any special offer or promotion, it is essential for traders to carefully review the associated terms and conditions. Factors such as minimum deposit requirements, trading volume thresholds, and time limitations can impact the actual value of the offer and the trader's ability to benefit from it.

By providing a diverse range of special offers and promotions, Deriv aims to attract new clients and retain existing ones by offering additional value and rewards. These offers can enhance traders' experiences and potentially improve their trading outcomes, but it is crucial to approach them with a clear understanding of the associated terms and limitations.

Conclusion

Throughout this comprehensive review of Deriv, I have thoroughly examined various aspects of their operations, including regulatory compliance, trading platforms, account types, customer support, and special offers. After analysing these factors, I can confidently conclude that Deriv is a reliable and trustworthy broker that prioritises the safety and satisfaction of its clients.

One of the key factors contributing to Deriv's credibility is their multi-jurisdictional regulation. With licenses from respected authorities such as the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority (LFSA), and the British Virgin Islands Financial Services Commission (BVI FSC), Deriv demonstrates a strong commitment to compliance and adhering to strict financial regulations. This regulatory oversight provides traders with peace of mind, knowing that their funds are secure and that the broker operates transparently.

Another aspect that sets Deriv apart is its extensive range of trading platforms and account types. Whether you're a beginner or an experienced trader, Deriv offers a platform that caters to your needs. From the user-friendly Deriv X and Deriv Trader to the advanced features of Deriv MT5, traders can choose the platform that best suits their trading style and preferences. Additionally, the variety of account types, including the Synthetic, Financial, and Financial STP accounts, allows traders to select an account that aligns with their risk tolerance and trading objectives.

Deriv's commitment to providing exceptional customer support further enhances its reputation as a reliable broker. With 24/7 live chat support, email assistance, and a comprehensive Help Center, traders can access the guidance they need whenever they require it. The multi-language support and quick response times demonstrate Deriv's dedication to ensuring a smooth and satisfactory trading experience for its clients.

Furthermore, Deriv's special offers and promotions add value for both new and existing traders. From sign-up bonuses and loyalty programs to trading competitions and refer-a-friend incentives, Deriv rewards its clients for their loyalty and active participation. These offers not only provide additional trading opportunities but also foster a sense of community and engagement among traders.

In conclusion, based on my thorough analysis, I can confidently recommend Deriv as a reliable and trustworthy broker. Their strong regulatory compliance, diverse trading platforms and account types, exceptional customer support, and attractive special offers make them a compelling choice for traders of all levels. While no broker is perfect, Deriv's commitment to transparency, security, and client satisfaction sets them apart in the competitive world of online trading.

Deriv FAQs