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Deriv

Trading broker for over 25 years

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Community summary

Deriv is a renowned online broker in the financial industry, celebrating over 25 years of trust, service, and innovation. The company serves over 3 million traders worldwide with innovative online trading options including forex, CFDs, synthetic indices, and options trading.

Traderforum research review

In-depth Deriv review (2026-08-01)

Written by Traderforum research from official Deriv documentation and source-checked pages. This editorial analysis is independent of member reviews and does not affect stars, review counts or community rank.

Deriv official website screenshot
Deriv official website, captured 2026-08-01

Overview

Deriv is one of the world's largest online brokers, established in 1999 and serving over 3 million clients across the globe. The company operates a diversified business model offering Contracts for Difference (CFDs), Options, and access to proprietary 24/7 Synthetic Indices (Derived Indices). Deriv maintains multiple international regulatory licences including from the UAE Securities and Commodities Authority (SCA), as well as authorisations in Mauritius, Cayman Islands, British Virgin Islands, Vanuatu, Labuan, Panama, Samoa, and Saint Vincent and the Grenadines. This regulatory footprint enables operations in numerous jurisdictions with varying levels of oversight. The broker distinguishes itself through zero-commission trading on CFDs, proprietary synthetic indices available round-the-clock on weekends and holidays, and a multi-platform ecosystem (MT5, cTrader, TradingView, Trader, Bot) serving both professional and retail traders. With 168 million monthly deals, USD 700 billion in monthly trading volume, and a 4.3/5 Trustpilot rating from 72,566 reviews, Deriv has established scale and market presence. The company demonstrates industry recognition through awards including Best Trade Execution (MEA), Best Trading Experience (Global), and Best Trading Conditions (Global) in 2025.

Platforms & tools

Deriv operates five primary trading platforms: Deriv MT5 (MetaTrader 5), TradingView integration, Deriv cTrader (with copy-trading capability), Deriv Trader (options-focused), and Deriv Bot (algorithmic trading). Deriv MT5 features zero-commission trading, six account types (Standard, Zero Spread, Swap-Free, Financial, Gold, Crypto), spreads from 0.1 pips, and access to 400+ indicators across 21 chart types. TradingView integration provides 400+ built-in indicators, 17 chart types, and 110+ drawing tools. Deriv cTrader includes AI-powered trading insights via ChatGPT integration, 60+ custom indicators, and copy-trading functionality. Deriv Trader enables options trading from USD 1 minimum stakes with flexible durations (1 second to 365 days). Deriv Bot offers visual, drag-and-drop bot building with no coding required, Telegram notifications, and pre-built strategies (Martingale, D'Alembert, Oscar's Grind). All platforms support multiple asset classes including forex, stocks, indices, commodities, cryptocurrencies, and Derived Indices.

Costs & fees

Deriv MT5 offers zero-commission trading on all assets across account types. Spreads vary: Standard accounts from 0.1 pips, Zero Spread accounts from 0 pips (with commission), Swap-Free accounts from 0.3 pips, Financial accounts from 0.2 pips, Gold accounts from 25 pips, and Crypto accounts from 0.1 pips. Forex spreads for major pairs (e.g., EURUSD) range from 0.02–0.03%. Swap fees apply to overnight positions on standard and financial accounts; swap-free accounts eliminate overnight charges. No account maintenance or inactivity fees are explicitly disclosed on public pages. Cryptocurrency deposits carry variable processing fees and instant withdrawals typically complete within 1 working day. Fiat withdrawal processing varies: card withdrawals 1 working day, bank transfers instant to 1 working day, e-wallets instant. Deposit minimums are low (USD 5–USD 25 for most payment methods). No interest is paid on deposits. Currency conversion fees apply automatically at prevailing market rates during cross-currency transfers within the wallet.

Safety & regulation

Deriv holds multiple international licences providing varying levels of investor protection. Recent additions include a UAE SCA (Securities and Commodities Authority) licence for Deriv Capital Contracts & Currencies L.L.C (October 2025), complemented by licences in Mauritius (June 2024) and the Cayman Islands (April 2025). The group operates under eight distinct corporate entities regulated across seven jurisdictions. Client funds are held in segregated accounts, though official investor compensation scheme coverage details are not disclosed on the main website. Negative balance protection is offered at Deriv's sole discretion for CFD accounts, considering total liability per account. For Futures accounts on virtual assets, protection is provided via an insurance fund and Auto-Deleveraging mechanism. The company rebranded from Binary.com (founded 1999) to Deriv in 2020, indicating 26 years of operational history with no major regulatory incidents publicly disclosed. Dormant account policies apply: funds in accounts inactive 12+ months are subject to adjustments; accounts dormant 5+ years may be closed with balance suspension.

Accounts & funding

Account opening requires standard KYC: valid government-issued ID, proof of address (utility bill <12 months old), proof of wealth (payslip/bank statement), and a selfie. The process is non-face-to-face via web browser. Minimum deposits are extremely low, ranging from USD 5 to USD 25 depending on payment method; Deriv P2P allows deposits up to USD 10,000 daily. Payment options are diverse: Deriv P2P (peer-to-peer), credit/debit cards (USD 10–10,000), 15+ e-wallets (Skrill, Neteller, Volet, AirTM), 20+ mobile payment providers (M-Pesa, MTN, Airtel, etc.), 10+ cryptocurrencies (Bitcoin, Ethereum, USDT, Tron, etc.), and bank transfers/PIX (for select countries). Processing is typically instant for deposits and 1 working day for card withdrawals. Base currencies are USD-denominated by default; AED accounts are available via the UAE SCA entity. Deriv P2P deposits are segregated and can only be withdrawn via P2P. Virtual asset deposits may require network confirmations; cross-chain transactions may result in permanent loss.

Service & reputation

Deriv operates 24/7 customer support via live chat, WhatsApp, and Amy (AI assistant). The company publicly displays a 4.3/5 Trustpilot rating based on 72,566 verified reviews (as of 2025), with users consistently praising fast deposits/withdrawals, user-friendly platform design, and responsive customer service. Common positive themes include quick payouts, smooth trading interface, and efficient support teams. However, recurring concerns mentioned in aggregate reviews include delayed or failed deposits, unhelpful support responses, account deactivations without notice, and difficulty obtaining statements. Some users report issues with platform reliability during volatile markets. The company holds Great Place to Work™ certification and Platinum Investors in People status, reflecting internal workplace culture commitments. Educational resources are available via Deriv Academy (formal trading courses), in-app tutorials, and community forums, though depth of trader education relative to competitors is not explicitly detailed on official pages.

Strengths
  • Zero-commission trading on CFDs across six account types with competitive spreads from 0.1–0.3 pips on standard accounts.
  • 24/7 trading access to proprietary Synthetic Indices (Derived Indices) available weekends and holidays.
  • Multiple regulated licences across seven jurisdictions (UAE SCA, Mauritius, Cayman Islands, etc.) provide geographic optionality.
  • Five platforms (MT5, TradingView, cTrader, Trader, Bot) cater to diverse trader styles from manual to algorithmic.
  • Deriv cTrader copy-trading enables automatic strategy replication from experienced traders.
  • Instant deposits and fast 1-day withdrawals reported by Trustpilot users as reliable and frictionless.
  • Extremely low minimum deposits (USD 5–USD 25) and options trades from USD 1, democratising market access.
  • Diverse payment rails including Deriv P2P, 20+ e-wallets, 20+ mobile payments, and 10+ cryptocurrencies.
Weaknesses
  • Regulatory framework fragmented across eight entities; investor protection standards vary by jurisdiction and lack transparent comparison.
  • Customer service quality inconsistent; some users report unresponsive support and account suspensions without clear notice.
  • Negative balance protection discretionary and not guaranteed; may not apply in breach or error scenarios.
  • Low minimum stake (USD 1) and high leverage (up to 1:1000 forex) create risk of rapid account depletion for retail traders.
  • Dormant account policies aggressively deduct funds after 12 months inactivity; 5-year dormancy may trigger permanent balance suspension.
  • Virtual asset transactions irreversible after blockchain confirmation; cross-chain deposits permanently lost without broker liability.

Research verdict

Deriv is a well-established, globally-regulated broker best suited for active multi-asset traders, options participants, and algorithmic traders seeking low costs and 24/7 market access. Its strengths include zero-commission CFD trading, proprietary synthetic indices enabling round-the-clock trading, diverse platform choices (MT5, cTrader, TradingView), and competitive spreads on major pairs. The multi-jurisdiction regulatory framework provides geographic flexibility but creates complexity regarding investor protection standards—protections vary significantly by entity and jurisdiction. Core drawbacks include inconsistent customer service quality, occasional account restrictions without clear communication, low minimum stakes (USD 1 on options) encouraging over-leverage risk for inexperienced traders, and fewer educational safeguards for novice traders versus competitors. Traders should carefully review the specific regulatory entity governing their account and conduct thorough KYC to avoid future friction. Best suited for disciplined traders with established risk management; retail traders should verify regulatory coverage in their jurisdiction before opening accounts.

Best forMulti-asset active traders seeking low costsAlgorithmic and options tradersCopy-trading strategy followers24/7 synthetic indices traders
Research sources (13)
Broker specification

Markets, costs, accounts and operations

Source-attributed product facts checked 2026-08-01. Terms can vary by legal entity, account type and client jurisdiction; verify the linked official documents before opening an account.

Forex & CFDCrypto accessCopy & SocialMulti-AssetStocks & ETFs
Minimum deposit
$5
Spread from
0.1 pips
Commission from
$0 (zero commission on MT5)
Maximum leverage
1:1000 (varies by jurisdiction and instrument)

Markets & instruments

Asset classes
Forex · Stocks · Commodities · Crypto · Indices · CFDs
Execution model
Market maker · STP
Client types
retail

Platforms & accounts

Platforms
TradingView · Deriv MT5 · Deriv cTrader · Deriv Trader · Deriv Bot · Deriv App
Account types
Demo Account · Real Account · Swap-free Account
Base currencies
USD · EUR

Funding

Deposit methods
Mastercard · Credit/debit cards · Tether (USDT) · eUSDT · Skrill · AirTM · USD Coin · Bitcoin · Ethereum · Tron · Instant Bank Transfer · E-wallet · Jeton Bank · P2P transactions
Withdrawal methods
Same as deposit methods · Bank transfer · E-wallets · Cryptocurrency

Support

Channels
24/7 Live chat · WhatsApp · Email
Languages
English · Multiple languages
Hours
24/7

Account capabilities

Demo account
Islamic account
Copy trading
Negative balance protection

Key features

  • 24/7 synthetic indices trading
  • Zero commissions on MT5
  • Copy trading via cTrader
  • Automated trading bots (no coding required)
  • Swap-free Islamic accounts
  • P2P payment options
  • Over 400 indicators
  • Negative balance protection

Fees and trading costs

Zero commissions on Deriv MT5. Tight spreads vary by account type. No deposit fees. Overnight funding charges apply to leveraged positions.

Investor protection

Negative balance protection, segregated client accounts

Public evidence

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Source-attributed research

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Aggregates and recurring themes are paraphrased from the linked public source. They are not Traderforum member reviews and do not control the community ranking.

Trustpilot

Checked 2026-08-01

4.3
72,566 reviews
Recurring positives: 24/7 trading on synthetic indices · Multiple platform options available · Fast execution speeds · Copy trading functionality · Swap-free accounts for Islamic traders · Over 25 years of market experience
Recurring concerns: Automated trading bots can lead to unexpected losses · Platform complexity for beginners · Withdrawal verification process can be lengthy · Some users report account closure issues
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