Home » Deriv Broker Review: Is It Legit
Pros
- Well licensed & Regulated

- Super fast withdrawal methods

- 24/7/365 trading via synthetic indices

- Well-developed trading platforms that are easy to use

- Good customer support

- Wide range of tradeable assets

- Low minimum deposit and withdrawal amounts

- No withdrawal or deposit fees

Cons
- No bonuses or promotions

- Not available in some countries

- Does not offer copy trading

- High leverage of up to 1:1000

  • Deriv demo account

Deriv Broker Overview

Broker's Name Deriv used to be known as Binary.com
📍 Headquartered USA
📅 Year Founded 1999
⚖️ Regulating Authorities Regulated through Malta Financial Services Authority (MFSA),
Labuan Financial Services Authority (LFSA),
Vanuatu Financial Services Commission (VFSC) and British Virgin Islands Financial Services Commission (BVIFSC)
🌐 Countries not accepted for trade Canada, France, Hong Kong, Israel, Jersey, Malaysia, Malta, Paraguay, UAE, USA,
☪️ Islamic account (swap-free) Yes
👍 Demo Account Yes
📊 Institutional Accounts Yes
📊 Managed Accounts No
📈 Maximum Leverage 1:1 000.
💰 Minimum Deposit $5
*no minimum amount for cryptocurrency
ZAR R75 ZAR
💳 Deposit Options

💳 Withdrawal Options

Bank wire transfer –Credit/debit cards – Both Visa and Mastercard – USD/GBP/EUR/AUD. E-wallets – Skrill, Neteller, PaySafe, Fasapay, and WebMoney, Cryptocurrency, Bitcoin, Ethereum, Litecoin and Tether
💻 Platform Types Binary.com’s SmartTrader system.
DMT5, DTrader, DBot
📱 OS Compatibility Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad.
📈 Tradable assets offered Forex – Close to 50 FX currency pairs, including majors, minors and exotics
Stock indices – Speculate on price movements across the largest US, Asian and European stock indices. Synthetic indices – Based on a secure random generator, synthetic indices replicate real-world market conditions and are available 24/7 delivering consistent volatility

Commodities – Precious metals, such as gold and silver, plus energies like oil are available

👨‍💼 Languages supported on Website 11 different languages
👥 Customer Support Languages 11 different languages
📆 Customer Service Hours 24/7
Deriv Broker Review: Is It Legit
4.0/5
Learn all about trading synthetic indices from Deriv
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