Deriv review: What you need to know before signing up.

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Introduction to the broker Deriv

The Deriv Group broker has been a leading online trading services provider since 1999. True to its core mission of democratising access to global financial markets, the Deriv Group now has over 1,400 employees worldwide and 21 offices across 16 countries. This extensive network allows the company to effectively serve more than 2.5 million clients.

  • Head office:
    📍 Malta
  • Founded:
    🗓 1999
  • Support:
    🇬🇧 English
  • Website:
    🔗 deriv.com
  • Regulation:
    MFSA
  • Execution type:
    Market Maker
  • Spreads:
    Variable
  • Minimum deposit:
    5

Which financial instruments does Deriv offer?

With Deriv, you primarily access CFDs (Contracts for Difference) to trade forex currencies, shares and global indices, cryptocurrencies, and commodities. Deriv also offers exchange-traded funds (ETFs), which bundle multiple securities into a single exchange-traded investment.

Below is a non-exhaustive list of the financial instruments offered by Deriv:

  • Stock market:
    50 shares
  • Crypto:
    30 cryptocurrencies
  • Forex:
    50 pairs
  • CFDs:
    150 CFDs
  • ETFs:
    0.4

What CFDs does Deriv offer?

Deriv’s CFDs provide access to a wide range of markets: forex currency pairs (major and minor), synthetic indices, global shares and stock indices, exchange-traded funds (including bonds), a variety of commodities, and cryptocurrencies.
Trading conditions vary depending on the chosen underlying asset and market dynamics. 

  • For the EUR/USD pair, the minimum spread is 0.00005 and the target spread is 0.00006.
  • Looking at indices such as the CAC 40, Deriv offers a minimum spread of 1.08 and a target spread of 1.91, with a maximum leverage of 20 and a margin requirement of 5%.
  • Deriv does not offer direct shares on equities, only CFDs. Taking the example of Barclays stock, the minimum spread is 0.06, with a target spread of 0.07, maximum leverage of 5, and a margin requirement of 20%.
  • For commodities, it also depends on the underlying market conditions. Currently, for gold (quoted in USD), there is a minimum spread of 0.12, a target spread of 0.28, maximum leverage of 20, and a 5% margin requirement.
  • Lastly, for cryptocurrencies, Deriv offers around 30 different contracts. On BTC/USD, the minimum spread is 30.67, the target spread is 32.917, the maximum leverage is 2, and there is a 50% margin requirement.

Here is an overview of the spreads for some key instruments at Deriv:

  • CAC40 spread:
    1.2 pip
  • STOXX50 spread:
    1.5 pip
  • FTSE100 spread:
    1.8 pip
  • SP500 spread:
    0.7 pip

What are Deriv’s fees for forex and cryptocurrencies?

Deriv offers a wide selection of 50 currency pairs in the forex market, including major, minor, and exotic pairs. Spreads start as low as 0.5 pips on major pairs. When it comes to cryptocurrencies, Deriv provides highly competitive spreads.

  • EUR/USD spread:
    0.5
  • EUR/GBP spread:
    0.4
  • GBP/USD spread:
    0.9
  • USD/CHF spread:
    1.1
  • Number of cryptocurrencies:
    30
  • Minimum crypto spread:
    0.4
  • CFDs on crypto:
    Yes
  • Direct crypto purchase:
    No

Which trading platforms does Deriv offer?

Deriv mainly provides two separate trading platforms, each designed to meet specific trader needs.

#1 – Deriv MT5

Deriv MT5 is the all-in-one CFD trading platform that has already attracted over 475,000 active traders. It’s the most comprehensive and popular platform. You get access to more than 150 tradable assets across multiple classes (forex, shares and indices, cryptocurrencies, commodities, exchange-traded funds, and derived indices) within a single platform. You can explore it through a demo account. It has all the essential tools and indicators a trader could need, and is available in both desktop and mobile versions.

#2 – Deriv Trader

There is also Deriv Trader, a user-friendly proprietary platform that is streamlined and easy to use, focusing on Options and leveraged products for trading assets across multiple classes. It stands out for its intuitive interface and ability to meet the needs of traders seeking a simple yet effective experience.

What mobile app does Deriv provide?

The Deriv MT5 platform is also available in a mobile version for Android and iOS. With this app, you can trade directly from your smartphone and view your trade history. You can keep up with market news, track real-time quotes, and make use of customisable charts and comprehensive technical analysis. It enjoys a solid reputation thanks to its user-friendly navigation and wide range of features.

Is Deriv a trustworthy broker?

Yes, Deriv is indeed a trustworthy broker regulated by several financial authorities, including the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority (Labuan FSA), the Vanuatu Financial Services Commission (VFSC), and the British Virgin Islands Financial Services Commission. These regulations ensure that Deriv adheres to strict standards of security and transparency.

Our opinion 8/10

Deriv is one of the leading brokers for derivative products, especially CFDs, enabling traders to use leverage on a wide range of instruments. Its fees are in line with the industry average and the platforms on offer are robust and well-designed, whether you’re a beginner or an experienced trader.

Pros
  • Wide range of CFDs covering various financial markets
  • Access to exchange-traded funds (ETFs) to diversify investments
Cons
  • No direct share ownership: You cannot buy individual shares outright

FAQ about Deriv

Yes, Deriv offers a demo account that allows users to familiarise themselves with the platforms and test financial instruments without risk. This account comes with virtual funds, allowing traders to practise and gain experience before committing real money.

Deriv has a blog full of educational articles and strategic analysis. This content is designed to help traders of all levels—from novice to expert—build the knowledge they need to improve their trading skills.

Deriv specialises in CFD trading, giving investors exposure to a broad range of asset classes, including shares, forex, indices, commodities, and cryptocurrencies.

Deriv offers two main trading platforms: Deriv MT5 and Deriv Trader. Each is designed to deliver a smooth and efficient trading experience, equipped with advanced tools for order management and analysis.

Yes, Deriv offers Islamic swap-free accounts, removing overnight swap fees in line with Islamic trading principles. These accounts are designed to offer Muslim traders an ethical, interest-free option.

No, Deriv does not provide a UK-specific account like an ISA or SIPP, nor does it offer a Plan d’Épargne en Actions (PEA).

Yes, Deriv is a reliable broker, as evidenced by its regulation under reputable financial authorities.

Opening a Deriv account is straightforward. You’ll need to provide proof of identity and residency. Once these documents are verified, you can begin trading immediately.

The minimum deposit required to open an account with Deriv is $5.

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Last updated on 02/03/25

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