DERIV.COM BROKERAGE REVIEW
The advantages of Deriv.com:
- Minimum deposit of only $5
- Free demo account no deposit
- Wide range of funding and withdrawal methods
- Withdrawal processing is fast
- Wide range of assets to trade
- Customer support available 24 hours a day, 7 days a week
What is Deriv.com?
Deriv is one of the largest online brokers in the world. It offers CFDs and other derivatives on forex, indices, cryptocurrencies, commodities and synthetics to millions of registered users worldwide.
From the beginning, their goal was to free ourselves from the high commissions and bulky products offered by traditional brokers. Also, one more goal is to provide a first-class experience to digitally inclined traders, regardless of their account size.
In a journey of more than 22 years, they have grown to more than 2.5 million customers worldwide.
How does Deriv.com work?
On the Deriv.com platform, investors trade amounts from $0.35 according to their financial availability and risk tolerance in financial investments. Perfect conditions for those who are starting their studies on negotiations or who want to put their knowledge into practice.
At Deriv you have access to trade in products such as:
1 - CFDs: A CFD (contract for difference) allows you to trade based on the price movement of an asset, without buying the underlying asset.
At Deriv, you can trade CFDs with:
High leverage — Leverage allows you to open larger positions with a smaller balance in your trading account. The higher the leverage, the less money you need.
Low spreads — The spread is the difference between the bid price and the ask price. The lower the spread, the lower the cost of entering the market.
2 - Digital Options: Options are products that allow payments to predict market movements, without the need to buy the underlying asset. You just need to open a position that predicts how the asset will move over a period of time. This makes it possible for people to participate in financial markets with minimal capital investment.
You can trade the following options on Deriv:
- Digital options that allow you to predict the outcome of two possible outcomes and earn a fixed payout if your prediction is correct.
- Lookbacks that allow you to receive a payment depending on the ideal high or low reached by the market during the duration of a contract.
- Bid/Sell spread that allow you to earn up to the specified payout depending on the position of the exit point in relation to the two defined barriers.
3 - Multipliers: Derivative multipliers combine the upside of leverage trading with the limited risk of options. This means that when the market moves in your favor, you will multiply your potential profits. If the market moves against your prediction, your losses will be limited to your entry only.
Markets to Trade on Deriv.com
Deriv offers a wide range of market options for trading, such as the following:
- Forex: Forex trading offers the chance to profit from changes in the relative values of currencies in the forex market.
- Synthetic Indices: Trading synthetic indices allows you to benefit from accurately predicting price movements from our proprietary indices that simulate real-world market movements.
- Stock Index: Trading stocks and indices allows you to profit from price movements in a market without buying the underlying assets.
- Cryptocurrencies: Trading with cryptocurrencies offers the opportunity to benefit from the correct prediction of price movements without having to purchase it.
- Commodities: Trading commodities on Deriv allows you to profit by correctly predicting the movement of the metals and crude oil market.
Trading Platform at Deriv.com
Choose from 8 powerful platforms - each designed with your needs in mind.
- Dtrader: Main application for trading options and multipliers.
- DerivX: The CFD trading platform that suits your style.
- Dbot: Automate your trading. No coding required.
- SmartTrader: Our first binary options trading platform.
- Binary Bot: Our classic bot builder and auto trading platform.
- API: Build your own apps with our API.
- Deriv GO: Our best trading experience on your mobile.
- Deriv MT5: The complete CFD trading platform.
How to Open a Demo Account and Start Investing at Deriv.com?
The registration procedure at Deriv is very simple! Just have a valid email and fill in a brief electronic form available on the website. When creating a new account, the user will have three initial options: make the first deposit and go straight to investments, study more about investments in binary options and others in the Education Center or practice their techniques and test the platform through the Virtual Account, which is the Demo Account option available on the website.
If you prefer to test the trading application in practice, there are investment options starting at $0.35. This type of investment is also very interesting because it encourages the novice investor to develop emotional self-control and focus. Two very important factors when investing real money in large amounts.
How to Deposit Money at Deriv.com?
One of the most interesting features of Binary is accepting deposits in virtual currencies. Quite comfortable, don't you think? Well, that's it. In addition to the most common transfer methods such as Visa (Credit), MasterCard (Credit), Bank Transfer, Internet Bank Transfender, PaySec, Neteller, FastPay, Perfect Money, Skrill, QIWI, Webmoney and Paysafecard, Bitcoin, Ethereum payments are also supported , Bitcoin Cash and Litecoin.
Remembering that these are just some of the payment options. The company really demonstrates its commitment to making itself accessible to the most different investor profiles interested in its services around the world. It is also worth noting that for greater transparency and convenience for users, all types of transactions, including withdrawals, can be carried out through the same options listed above for deposits.
Point-to-Point Derive (DP2P)
A fast and secure peer-to-peer deposit and withdrawal service.
Easily exchange with other traders to move funds in and out of your Deriv account.
- Make deposits and withdrawals quickly: On DP2P, all transfers are completed within 2 hours.
- Choose the best rates: Exchange your local currency for the rate you prefer.
- Trade with Trusted Traders: Traders are rated based on their completion rate and speed of trades.
- Communicate in real time: Chat in the app with your chosen trader for faster trades.
Advantages and Disadvantages of Deriv.com
Pros:
- Minimum investment of only $1 for most tradable assets on the platform;
- In addition to conventional deposit methods, it also accepts Cryptocurrencies;
- It has an Education Center for training new investors;
- It has 8 different platforms integrated into the system;
Cons:
- As it is a platform designed to operate in Binary Options, we can consider that a disadvantage is that the profits per trade are not unlimited. This means that once the maximum profit margin is reached, the position is automatically closed. That is, a new position will need to be opened on the winning position for profits to continue growing.
Is Deriv.com Worth It?
When choosing a Binary Options platform to invest, there are certainly several important information that must be taken into account, but Deriv.com is certainly one of the companies in the field that offers the most differentials related to the practicality of the service, the numerous investment modalities and hundreds of auxiliary tools available.
Without a doubt the answer is YES! It is YES worth investing in Deriv! With just a few hours a week of dedication to studies, well-defined goals and a few free minutes a day, investing in the company can become quite intuitive. And profitable too!