Quick Summary
Deriv offers unique synthetic indices available 24/7/365, no minimum deposit, multiple proprietary platforms, and a visual bot builder. Regulated by FSC, LFSA, and FSCA. Ideal for traders who want non-traditional instruments and weekend trading.
About Deriv
Deriv is a unique multi-asset broker with roots dating back to 1999, when it was founded as Binary.com before rebranding in 2020. The broker is known for its proprietary synthetic indices — unique financial instruments that simulate real-world market volatility and are available 24/7, even on weekends.
The broker offers several platform options: DTrader (proprietary web platform for forex, commodities, and synthetic indices), DMT5 (MetaTrader 5 for forex and metals), DBot (a visual bot builder for automated trading without coding), and SmartTrader (for options trading). This diverse platform suite caters to different trading styles and experience levels.
Deriv's synthetic indices are its most distinctive feature. These include Volatility Indices (simulating various volatility levels), Boom & Crash indices (with periodic spikes/crashes), Jump Indices (with random jumps), and Step Indices. All synthetic indices are available 24/7/365, providing trading opportunities even when traditional markets are closed.
The broker supports MetaTrader 5 for traditional forex trading with two account types: Standard (spreads from 0.6 pips, no commission) and Financial STP (spreads from 0.0 pips, commission-based). Over 50 instruments are available including forex, synthetic indices, commodities, crypto, and options.
Deriv is regulated by FSC (British Virgin Islands), LFSA (Malaysia), and FSCA (South Africa). There is no minimum deposit, making the broker accessible to all traders. Customer support is available 24/7. Islamic (swap-free) accounts are available on DMT5.
Account Types
Standard, Financial, STP
Trading Platforms
MetaTrader 5, Deriv GO, DTrader, SmartTrader
Website
deriv.com
Headquarters
Valletta, Malta
Instruments
50+
Support Hours
24/7
Our Rating
The overall rating is based on our experts' review of regulation, fees, platforms, and support.
Why Choose Deriv?
- Unique synthetic indices available 24/7/365
- No minimum deposit
- Multiple proprietary platforms (DTrader, DBot, SmartTrader)
- Crypto deposits accepted
- Long history since 1999 (formerly Binary.com)
- DMT5 for traditional forex trading
- Visual bot builder (no coding required)
- 24/7 customer support
- Islamic (swap-free) accounts on DMT5
What Could Be Better?
- Narrow product range vs traditional brokers
- Support can be slow during peak hours
- Limited traditional forex pairs
- Synthetic indices may not suit all traders
- Regulation not top-tier (FSC BVI, LFSA Malaysia)
Bonuses & Promotions
Deriv does not offer traditional welcome bonuses or deposit bonuses. The broker focuses on providing unique trading instruments (synthetic indices), no minimum deposit, and innovative platform options. The broker occasionally runs trading competitions on its platforms. The lack of bonuses is consistent with the broker's philosophy of providing value through unique products rather than promotional offers.
Instruments Offered
Forex, Synthetic Indices, Commodities, Crypto, Options
Awards & Recognition
Risk Warning: Trading forex and CFDs involves significant risk and may not be suitable for all investors. Leverage magnifies both gains and losses. Never trade with funds you cannot afford to lose. Past performance is not indicative of future results. The information on this page is for educational purposes only and does not constitute financial advice.