Deriv Review: Full Guide of Services and Support

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Deriv is a broker known for its innovation and diverse range of trading options. This forex trading broker review dives into the core aspects of Deriv, from its history to its regulatory compliance and diverse offerings. Our goal is to provide you with a straightforward understanding of what Deriv offers for both new and experienced traders.

Deriv: Overview 


Established: 1999
Headquarters: Malaysia
Trading Platforms: Deriv MetaTrader 5, Deriv cTrader, Deriv X, Deriv GO, Deriv Trader, SmartTrader, Deriv Bot, Binary Bot
Mobile Trading: Yes
Minimum Deposit: $5
Account Types: Financial Account, Financial STP Account, Synthetic Account.

Deriv has been facilitating trading for over 25 years. Its products encompass a wide range of financial instruments, including CFDs on forex, stocks, indices, and more. The broker offers low-cost, user-friendly trading solutions, and a variety of account types and services. These are designed to cater to the varying needs of its 2.5 million users across the world. 

Regulation and Registration 

Deriv operates under the oversight of multiple regulatory bodies, such as the Malta Financial Services Authority, the Labuan Financial Services Authority, and the British Virgin Islands Financial Services Commission. Through its global regulatory compliance, the broker ensures that traders from various jurisdictions receive a fair, transparent, and reliable trading experience.

Account Types of Deriv

Account Types

1. Financial Account

  • Minimum Deposit: $5
  • Spread: Fixed/Variable
  • Maximum Leverage: 1:1000
  • Instruments: Forex, indices, stocks, ETFs, cryptocurrencies, commodities

2. Financial STP Account

  • Minimum Deposit: $5
  • Spread: Variable
  • Maximum Leverage: 1:1000
  • Instruments: Forex, indices, stocks, ETFs, cryptocurrencies, commodities

3. Synthetic Account

  • Minimum Deposit: $5
  • Spread: Variable
  • Maximum Leverage: 1:1000
  • Instruments: Forex, indices, stocks, ETFs, cryptocurrencies, commodities

Deposit and Withdrawal

Deriv supports several deposit methods, including credit/debit cards, e-wallets, along with mobile payments and cryptocurrencies. Most deposits are instant, particularly with e-wallets and cards, while bank transfers may take up to a day. With minimum deposits as low as $5 and no fees on deposits, the broker ensures trading is accessible to all.

For withdrawals, the broker offers one-day processing for most methods. Some bank withdrawals may take up to 15 days. Minimum withdrawals start at $5 for e-wallets and $10 for cards. Although Deriv does not impose any withdrawal fees, traders should consider potential fees from their payment providers.

Products in Deriv

This broker offers many trading products to cater to various trader preferences, including:

Trading Platform of Deriv

To accommodate the different trading strategies of its clients, it provides access to multiple advanced trading platforms:

  • MetaTrader 5
  • cTrader
  • Deriv X
  • Deriv GO
  • Deriv Trader
  • SmartTrader
  • Deriv Bot
  • Binary Bot

Fees of Deriv

Deriv maintains a trader-friendly fee structure with tight spreads starting from 0.5 pips on major pairs like EUR/USD and does not impose deposit or withdrawal fees. 

However, traders should be aware of the $25 inactivity fee applied to accounts inactive for over 12 months, encouraging regular trading activity to avoid this charge. 

Deriv Promotions

There are no any promotions available currently. We suggest checking back at a later date or following their updates for any future promotional events.

Customer Support 

Customer support is primarily available through WhatsApp and live chat. Additionally, Deriv has established a network of offices across various continents, including Europe, Asia, Africa, the Middle East, and the Caribbean region. This ensures localized support and services tailored to diverse client needs.

Pros & Cons 

  • Wide range of financial instruments
  • High leverage up to 1:1000
  • No deposit or withdrawal fees
  • Multiple advanced trading platforms
  • No current promotions
  • Potential inactivity fee 
  • Limited customer support channels

Pros Explained

  • The broker caters to different trading preferences with a number of financial instruments like forex, stocks, and cryptocurrencies.
  • The option of high leverage up to 1:1000 offers traders the potential for significant returns.
  • The broker’s policy of no fees on deposits or withdrawals enhances the trading experience by reducing transaction costs.
  • Access to a range of advanced trading platforms like MetaTrader 5 and Deriv X allows for a customized trading experience.

Cons Explained

  • The absence of current promotions might make Deriv less attractive to traders looking for extra value through offers or bonuses.
  • An inactivity fee of $25 for accounts dormant for over 12 months may discourage some traders from maintaining an account with the broker.
  • Customer support is limited to WhatsApp and live chat, which might not be sufficient for those who prefer alternative methods of contact, such as phone or email support.

Is Deriv Worth Considering?


With over 25 years of experience in the trading industry, Deriv has established itself as a reliable platform, offering a variety of financial instruments and trading platforms. These services cater effectively to both novice and experienced traders. 

The lack of promotions and the potential inactivity fee may be drawbacks for some. Nevertheless, Deriv’s competitive spreads, absence of deposit and withdrawal fees make it a compelling option for those seeking a comprehensive trading environment.


1. What is Deriv?

Deriv is an online trading platform with over 25 years of experience, offering a range of financial instruments, trading platforms, along with user-friendly trading solutions.

2. Are there any account types with high leverage in Deriv?

Yes, it offers accounts such as Financial Account, Financial STP Account, and Synthetic Account, all providing high leverage up to 1:1000, allowing traders the potential for significant returns.

3. Does Deriv charge any fees for deposits and withdrawals?

No, it does not impose any fees for deposits and withdrawals, making financial transactions more cost-effective for traders.

4. What platforms does Deriv offer for trading?

The broker provides access to multiple advanced trading platforms, including MetaTrader 5, Deriv X, and Deriv GO, among others, to accommodate various trading strategies.

5. Is there an inactivity fee on Deriv accounts?

Yes, the broker applies a $25 inactivity fee to accounts that remain dormant for over 12 months, encouraging regular trading activity.

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By FinxpdX Team
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