Is Deriv a Good Broker?
Deriv is one of the most popular brokers in the world. It offers a wide range of assets and has very well-developed platforms.
Deriv also offers a free demo account for traders to practice trading before opening a real account. This account has $10,000 in virtual money that you can use to trade.
It has won many awards
Deriv is a global broker that offers trading in forex, stocks & indices, commodities, and cryptocurrencies. Its product portfolio includes user-friendly trading platforms, over 200 tradable assets, unique trade types, and proprietary synthetic indices available 24/7.
It also provides a friendly work culture that is customer-centric and driven by core values of integrity, customer focus, competence, and teamwork. Its offices across different regions have been named the 'Best Places to Work' by Great Place to Work for 2022, and its employees in Malta celebrated GPTW certification on December 13, 2017.
In order to make trading easier for people around the world, Deriv offers a variety of platforms, including DTrader, SmartTrader, and DMT5. These are all available in 11 languages and provide a simple and intuitive interface.
The company has been in business since 1999 and is regulated by several authorities, including the Financial Conduct Authority and the Jersey Financial Services Commission. It is licensed to operate in the EU and offers a wide range of trading instruments and assets.
It is a member of the Financial Markets Association and has received a license to offer derivative products in the European Union. It has a strong presence in Asia and is well known in the Middle East.
Deriv is a Forex broker that offers CFDs (contracts for difference) and digital options on forex. Its main draw is its trading platform, which allows you to trade on over 100 assets.
However, it does not provide any bonuses or other trading incentives, which are typically used as leverage tools by brokers to increase their profit margins. The broker does not collect any withdrawal fees from customers.
In addition to this, the brokerage does not charge any commissions for accounts that are dormant for 12 months. It also does not specify the minimum amount to be withdrawn or any applicable fees.
The company has won many awards, among them Global Exchange of the Year and Global Clearing House of the Year by GlobalCapital. It was able to win these awards because of its commitment to delivering the best possible client experience in the global derivatives market. The awards are given to firms that have made a significant contribution to the industry and achieved exceptional success in the past year.
It offers over 100 assets
Deriv is a broker that offers over 100 assets, including currency pairs, stock indices, commodities, and cryptocurrencies. The company also has a wide range of trading platforms, such as DTrader and SmartTrader. The broker has been in business for over 20 years, with 2.7 million clients and 10 real offices.
The broker is regulated by the Financial Commission (UK), Vanuatu Financial Services Commission, and Malta. It is also a member of the International Association of Online Forex Providers, which aims to protect customers from fraudulent practices. The platform is available in 11 languages and has a user-friendly interface.
Aside from the standard features offered by all trading platforms, Deriv has a unique feature that makes it stand out from the rest of the competition: synthetic indices. These indices are engineered to simulate market conditions without affecting the prices, and they are available 24/7. This way, traders can make money even when markets are closed.
Another great feature of Deriv is the ability to customize the level of profit that you are willing to pay for each contract. This can be done by defining your entry point and exit points. In addition, you can set the amount of money that you are willing to risk per trade, and you can choose whether to open a contract with an up or down option.
This feature allows you to maximize your profits while minimizing your losses. You can use this feature to trade any asset on the platform, regardless of its volatility or liquidity. You can also use it to test your strategies and make sure that they work before risking your money.
It is possible to deposit as little as $10 and receive the same trading conditions as professional traders who made a $1,000 deposit. This is an ideal way for novice traders to try out the platform without investing large amounts of money.
The platform is easy to use and provides a variety of features for both beginners and experienced traders. Its customer support is available to assist you at any time, and you can access a live chat with a real agent.
It offers binary options
Deriv offers a variety of trading platforms and assets to help clients achieve the best possible results. They have multiple proprietary terminals for forex, cryptocurrencies, commodities, stocks, CFDs, and options. You can also subscribe to trading signals and use a bot for automated trades.
The platform is a simple and powerful one that allows you to customize your charts with technical indicators and gadgets. It has over 50 tradable assets, a minimum stake of $0.35, and a maximum payout of more than 200%. It is available through a web platform and requires no download.
You can deposit and withdraw funds with the ease of a credit or debit card or through an e-wallet like AirTM. These methods will be processed within one business day and are free of charges.
This broker has a customer support system that operates 24 hours a day. You can contact them through email, telephone, or live chat. Its customer support team is knowledgeable and will help you with your questions.
They also have a live community forum where traders can communicate with each other. Besides that, there is an academy section where beginners can learn more about trading.
Clients can open a demo account before they start trading. This is a great way to test out the platform without risking any money. The platform is easy to use and offers a wide range of trading instruments, including forex, CFDs, and binary options.
The broker also offers a partnership program for affiliates, which allows you to earn lifetime commission from the trades of your referred clients. This is a great way to increase your income.
Another advantage of Deriv is that they offer a unique trading platform, the DTrader. It features over 50 tradable assets and includes forex, synthetic indices, stock indices, and commodities. It also has a very flexible duration option, which runs from 1 second to 365 days / 1 year.
The DTrader platform of Deriv is a good choice for new and experienced traders. It is very user-friendly and has more than 50 tradable assets, a minimal stake of $0.35, and a maximum payoff of more than 200 percent. It has many analytical tools and gadgets, as well as a high charting speed.