Deriv is a brokerage company, which commenced its business operations in 1999. It is the mission of this organization to make trading easy and convenient. It develops its strategy by guaranteeing low minimum deposit requirements while providing the best working conditions. The company has many unique trading platforms such as DTrader, DBot, and DMT5.
Deriv is an international broker licensed and regulated by the following bodies: VFSC (VFSC, 14556), Malta (MFSA, 71479), and Labuan FSA (Labuan FSA, MB/18/0024). BVI FSC (SIBA/L/18/1114). The Financial Commission which is also a member of Derive acts as a guarantor for traders’ rights.
An Overview of Deriv
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Deriv is an international dealer that has been on the market for more than 20 years. Over 7 million traders from around the world have made Deriv their choice of the company and opened about 10 real offices as well and the interfaces of the trading platforms were updated (Trading App).
Deriv clients can trade the following instruments: fiat, crypto, commodities, indices, synthetic indices, CFDs, stocks, and digital options. Through the broker, the investor is able to access various proprietary trading platforms where he/she can trade various instruments. It is also able to help you develop your strategy for trading options using the special bot.
A passive income generation is also open to the Deriv clients, such as the possibility to subscribe to trading signals to copy the trades of professionals. The Deriv minimum deposit begins with USD 0 if the user topped up the account using a crypto-wallet. For replenishment of the account, there are other ways to do this, with a minimum deposit of $5 or $10.
Advantages:
- A low initial deposit.
- Many agents for deposit and withdrawal of funds.
- A diverse range of trading instruments: currency pairs, stocks, indices, metals, and others.
- Regulation by different countries’ authorities.
- 24/7 client support.
- A choice of three available trading platforms.
- No commission for opening and using the account trading and platforms of the broker.
Disadvantages of Deriv:
The site’s tutorials may not be sufficient for newcomers to the trading business.
Deriv has only a few channels for contacting the support team.
The broker has some limitations in terms of the countries it provides the services to, for instance, the USA, Canada, Malaysia, Israel, and others.
What is more, logging in to the PC
Here’s how to signLogging into your Deriv account on a PC involves the following steps:
Access the Deriv website.
Go to the “Login” button which is at the top right-hand corner of the Deriv home page.
Input your login credentials – your email address (that you have registered) and password.
Click on “Login” to open your Deriv trading account and then you can move around your trading and account management dashboard.
The user will log in to the app with the Deriv account.
For mobile users, Deriv provides a user-friendly mobile app, accessible through the following steps:
Download and install the Deriv app from the Google Play Store on Android devices or App Store on iOS devices.
Start the app and move to the page where you can log in.
Enter your registered email address and password in the first column.
Click on “Login” to get to your Deriv account.
Investment Options
Deriv is committed to providing their valuable with the best possible conditions for independent trading. That for sure, will create a unique online trading experience and also, the broker offers a program to help traders make profits without having to actively trade.
Commissions and fees
Deriv was checked by the experts at the Traders Union to reveal what are the sizes and types of fees that the broker charges its customers. We were not able to collect the exact data on the spread size due to Deriv which provides a fixed commission and floating spread which means the commission size for different assets and different types of accounts may vary. The maintenance of the trading account will be free of charge, but for inactivity, the broker might impose an additional commission. Funds withdrawal and replenishing the account with Deriv have zero fees.
Conclusion
Awareness of the Deriv sign-up process is key to having a smooth ride through this user-friendly platform. It will make you an expert trader. The TU is committed to this undertaking through this comprehensive guide, which aims to foster an understanding of the trading process, and thus guide investors in their trading journey.
