Deriv is a well-known online trading broker that offers a variety of financial tools. Traders Union (TU) experts have thoroughly looked into a famous broker in the trading world and examined its history, team, rules, and the financial markets it covers. This article gives you all the information you need to decide if this broker is right for you. You can also find Deriv profile details on the TU’s website.
According to analysts at Traders Union, Deriv is a popular broker that’s been in the trading market for over 20 years. It aims to make trading accessible to everyone with low deposit requirements. The broker offers various trading platforms like DTrader, DBot, and DMT5, allowing users to trade Forex, stocks, indices, CFDs, commodities, and options.
Deriv is regulated by international bodies like the FCA, VFSC, MFSA, and Labuan FSA, ensuring trader rights are protected. They provide diverse trading instruments, including currency pairs, cryptocurrencies, commodities, indices, CFDs, stocks, and digital options. With features like trading bots and copying professional traders, Deriv offers opportunities for traders of all experience levels.
Exploring a Deriv history
Deriv Group, the company behind Deriv and Binary.com, was founded by Jean-Yves Sireau in 1999. They pioneered fixed-odds trading and have grown into one of the world’s largest online brokers, serving millions globally. Their mission is to make trading fair, reliable, and transparent, with low fees and easy access through a $10 minimum deposit and withdrawal via VISA and MasterCard. TU’s experts stress that in their 22-year journey, they’ve gained over 2.5 million clients worldwide, emphasizing fairness, reliability, transparency, and responsibility.
Deriv client markets
The broker serves clients in various countries across the globe, offering its trading services to a diverse range of markets. Experts at Traders Union state that Deriv operates in such as:
However, there are some countries where Deriv’s services are restricted, including
- United States.
This global reach and regulatory compliance make Deriv accessible to traders from many regions while adhering to local regulations where restrictions apply.
Deriv’s regulatory compliance
TU’s analysts have conducted a thorough examination of Deriv’s regulatory status and have found that the broker operates legally and with the necessary licenses in place across multiple countries. These licenses come from esteemed regulatory bodies, including the MFSA, Labuan FSA, VFSC, and FCA. These organizations set stringent standards for financial services providers, ensuring that they meet strict criteria for financial stability, operational transparency, and client protection.
Discover the range of services offered by Deriv
Discover the extensive range of services that Deriv offers to its global user base. With over two decades of experience, Deriv has maintained a mission to make trading accessible and fair, achieving this by eliminating high fees and providing top-notch services. However, their offerings extend beyond trading, as they also provide valuable resources to empower traders. These include:
- Market news
- Weekly market reviews
- Short videos explaining payment systems
- Informative written materials.
These resources are designed to ensure traders have the knowledge and tools they need to succeed in the financial markets, as highlighted by the experts.
Deriv is a well-established online trading broker that offers a wide range of financial tools. This article equipped you with all the necessary information to determine if Deriv is the right broker for your trading needs. With a history spanning over two decades, Deriv has consistently aimed to make trading accessible to all by eliminating high fees and offering top-notch services.