Deriv
Rating: 4 / 5Deriv offers clients several proprietary trading solutions and synthetic assets, including many types of CFDs. Deriv has a commission-free cost structure, and its website lists swap-free trading for all. The four Deriv principles are reliability, fairness, transparency, and responsibility. With 2.5M+ clients, I thoroughly reviewed Deriv to evaluate its trading conditions. Should you consider trading at Deriv?
Deriv offers clients several proprietary trading solutions and synthetic assets, including many types of CFDs. Deriv has a commission-free cost structure, and its website lists swap-free trading for all. The four Deriv principles are reliability, fairness, transparency, and responsibility. With 2.5M+ clients, I thoroughly reviewed Deriv to evaluate its trading conditions. Should you consider trading at Deriv?
Broker Details
- Headquarters
- Malaysia
- Established
- 1999
- Min Deposit
- $5
- Execution
- Market Maker
- Regulators
- BVIFSC, LFSA, MFSA, VFSC
Trading Conditions
- Retail Loss Rate
- 73.00%
- Min Raw Spreads
- Not applicable
- Min Standard Spreads
- 0.5 pips
- Min Forex Commission
- Commission-free
- Trading Hours
- CryptocurrenciesSunday 00:00 - Saturday 23:59ForexSunday 21:05 - Friday 20:55CommoditiesSunday 22:00 - Friday 22:00European EquitiesNot applicable - Not applicableUS EquitiesMonday 13:30 - Friday 20:00
Accounts & Funding
- Funding Methods
- 28
- Deposit Fees
- No
- Withdrawal Fee
- No
Trading Costs & Spreads
- EUR/USD
- 0.6 pips
- GBP/USD
- 0.7 pips
- Gold
- $0.29
- Bitcoin
- $30
- WTI Crude
- $0.02
Platform & Features
- Trading Platforms
- MetaTrader 5, Proprietary platform, Web-based
- Regulators Detailed
- Malta Financial Services AuthorityCountry: MaltaLicense: 70156Labuan Financial Services AuthorityCountry: LabuanLicense: MB/18/0024BVI Financial Services CommissionCountry: British Virgin IslandsLicense: SIBA/L/18/1114Vanuatu Financial Services CommissionCountry: VanuatuLicense: 14556
Pros
- Choice of proprietary trading solutions, including code-free algorithmic trading
- Reasonable commission-free costs and swap-free trading
- Good Forex selection and many synthetic assets
- 25+ payment providers, including cryptocurrencies
Cons
- No Tier 1 regulation
Ad
