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Thursday, July 11, 2024
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About Deriv
Deriv, formerly known as Binary.com, is an established online trading platform with a history spanning over two decades. It offers a wide range of trading instruments, including forex, stocks, cryptocurrencies, commodities, and unique synthetic indices. Deriv provides access to global markets through its user-friendly platforms, including:
- Deriv MT5: A powerful platform for technical analysis and automated trading, suitable for experienced traders.
- Deriv X: A sleek, web-based platform designed for beginners, offering a simple and intuitive interface.
- Deriv GO: A mobile app for trading on the go, available for iOS and Android devices.
Deriv is regulated by multiple financial authorities, including the Malta Financial Services Authority (MFSA), enhancing its credibility and providing a degree of security for traders. The platform is known for its competitive spreads, absence of deposit and withdrawal fees, and a variety of educational resources, including the Deriv Academy, blog, webinars, and e-books.
It has branches in Malta, Malaysia, The British Virgin Islands, Vanuatu, St. Vincent and the Grenadines, and Guernsey. Nowadays, it is a multi-regulated brand and brokerage company.
Deriv Regulation
Deriv is regulated by multiple financial authorities, depending on the specific entity and the region in which it operates:
- Deriv (FX) Ltd: Licensed by the Labuan Financial Services Authority (Labuan FSA) in Malaysia.
- Deriv (V) Ltd: Licensed and regulated by the Vanuatu Financial Services Commission (VFSC).
- Deriv (BVI) Ltd:Licensed by the British Virgin Islands Financial Services Commission (BVI FSC).
Additionally, Deriv has a registered office in St. Vincent and the Grenadines, and the holding company, Deriv.com Limited, is registered in Guernsey.
The multiple regulatory licenses demonstrate Deriv's commitment to operating within a legal and compliant framework. However, the level of regulatory oversight varies depending on the jurisdiction. Some traders may prefer brokers regulated by stricter authorities like the FCA (UK) or ASIC (Australia).
Testimonial
Deriv is a great broker for beginners. The platform is easy to use, and the educational resources are helpful.
John D
Professional Traders
I love the variety of assets available on Deriv. I can trade forex, stocks, cryptocurrencies, and even synthetic indices.
Sarah L
Lawyers
Deriv offers clients several proprietary trading solutions and synthetic assets, including many types of CFDs. Deriv has a commission-free cost structure, and its Open a Free Demo Account lists swap-free trading for all. The four Deriv principles are reliability, fairness, transparency, and responsibility.
John Albert
Media Analyst
Ready to Start Trading?
Experience Deriv's user-friendly platforms, diverse markets, and competitive spreads. Open a free demo account today and start your trading journey with confidence!
Disclaimer!!
Deriv offers complex derivatives, such as options and contracts for difference (“CFDs”). These products may not be suitable for all clients, and trading them puts you at risk. Please ensure that you understand the following risks before trading Deriv products:
- You may lose some or all of the money you invest in the trade.
- If your trade involves currency conversion, the exchange rate will affect your profits and losses.
You should never trade with borrowed money or with money that you cannot afford to lose.