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Deriv is a top broker offering CFDs, forex trading, synthetic indices and digital currencies. With various types of Deriv accounts available, including options for beginners and experienced traders, the platform ensures accessibility and diverse trading capabilities. Deriv Investments (Europe) Ltd and other subsidiaries under Deriv Holdings highlight the global presence and organizational structure of the Deriv brand. This article looks at Deriv’s features, benefits and suitability for UK and global traders.
Yes, Deriv is a regulated broker that provides access to multiple financial markets including forex, stock indices, and synthetic indices. They are licensed by Labuan Financial Services Authority and Malta Financial Services Authority. It is important to note that 71% of retail investor accounts lose money when trading CFDs with their services, highlighting the high risks involved.
Deriv’s trading platform is known for its versatility and reliability, catering to various trading styles:
Derived indices offer unique features and advantages, such as the ability to trade on market trends without being influenced by traditional market hours or events, making them an innovative addition to various trading strategies.
Deriv has multiple account types for different traders:
Deriv is regulated by:
Deriv’s support team is available 24/7 via live chat, email and help center.
Deriv offers competitive fees and costs for its trading services. The platform does not charge commissions on many of its trading accounts, and the spreads are relatively low, starting from 0.5 pips. However, currency conversion fees may apply when funding accounts in a different currency other than the supported base currencies. This makes Deriv an attractive option for traders looking to minimize their trading costs while accessing a wide range of financial instruments.
Deriv provides leverage of up to 1:1000, depending on the country of residence and the instrument being traded. This high leverage allows traders to maximize their potential returns, although it also increases the risk. The platform offers competitive spreads, with major currency pairs like EUR/USD and GBP/USD available with spreads starting from just 0.5 pips. This combination of high leverage and low spreads makes Deriv a compelling choice for traders seeking cost-effective trading conditions.
Deriv offers a variety of deposit and withdrawal methods, including bank transfers, credit/debit cards, e-wallets, and online banking. The minimum deposit for new accounts is $5, depending on the payment method, which is very low compared to other brokerages. Withdrawals are free of charge, and you can request them through the same methods you used to deposit funds. The minimum withdrawal amount is $5 for selected payment methods and $10 for all other ways. This flexibility and low cost make it easy for traders to manage their funds efficiently.
$5 minimum deposit for beginners.
Deriv X and MT5 for advanced tools and automation.
Forex to synthetic indices for retail and institutional clients.
Traders can’t lose more than their account balance.
Many instruments with competitive fees and no hidden charges.
Deriv provides a range of educational materials, including written and video tutorials, training materials on the MetaTrader platform, and downloadable e-books. The content is relatively basic but covers essential topics that can help beginners get started. Additionally, Deriv offers a blog with market analysis articles and a YouTube channel with video materials, providing valuable insights into market trends and trading strategies.
For those looking to practice their skills, Deriv offers a demo trading account, allowing users to trade with virtual funds in a risk-free environment. This is an excellent way for new traders to familiarize themselves with the platform and develop their trading strategies without risking real money.
While Deriv’s research content is somewhat limited, the platform does offer technical analyses that provide context on market sentiment for various instruments. The market research articles give traders a broad overview of current market developments, and the TradingView platform offers advanced charting tools for more in-depth analysis.
Overall, Deriv’s education and research offerings are suitable for both beginners and experienced traders looking to improve their trading skills. However, those seeking more advanced analysis and market insights may need to supplement Deriv’s resources with additional research tools.
Is Deriv in the UK?
Yes, Deriv is available for UK traders with full access to all platforms and assets.
Is Deriv a broker?
Yes, Deriv is a regulated broker offering trading on multiple assets.
What is the minimum deposit for Deriv?
$5 minimum deposit for new traders.
Who is the founder of Deriv broker?
Deriv was founded by Jean-Yves Sireau, online trading pioneer.
| Feature | Deriv | Competitors |
|---|---|---|
| Minimum Deposit | $5 | $50 or higher |
| Platforms | Deriv X, MT5, Trader | MT4, WebTrader |
| Synthetic Indices | Yes | No |
| Regulation | Labuan, Malta | FCA, CySEC |
| Demo Account | Yes | Yes |
Deriv is perfect for traders who want flexibility, low fees and synthetic indices. With customizable platforms, automation tools and 24/7 support it’s for both beginners and experienced traders. But be cautious with high leverage trading.
Whether you’re a new trader or looking for advanced tools, Deriv has it all. Try the demo account risk free and see if it suits your trading goals.
Disclaimer: Trading involves risk, and most retail traders lose money. Always understand the risks and seek financial advice before investing.
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