Review: Is Deriv Legit Or Scam? Find Out By Reading Deriv Review

Deriv review

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Deriv is a forex CEDs and binary option broker that was founded in 2018. It came to my notice that some brokers find it difficult to understand what traders need.

However deriv is reformed to answer all the hard question and make trading easy. It offer mt4 best trading experience and help traders with all they need to succeed. Firstly, deriv offer an award winning mt5 platform and web-based internally built platform. However, all these can be tied on demo, and look the same as real and.

Traders get 247 customer support and you are answered by agents who understand your local language.  Therefore if you need any help, they assign support based on your country. Deriv is possibly sponsored by and is as well, a challenge to other existing brands like IQ option expert option and nadex. Why we cannot conclude, testimony is real, as we tried this platform and we are a living witness. Find a reliable forex brokers here or check videforex

Derive Trading Platform review
Though deriv is a new binary options broker but has a good trading platform. However in the process of deriv review, I saw that they offer 3 deferrent trading platform. These range from inhouse platform like DTrader, DMT5 and Smart Trader. Preferably, I tried the broker with DTrader, i saw a couple of advantage.
DTrader: This particular trading platform can be traded on the go. With DTrader, you can customise your chart with technical indicators and widgets. The available trading assets are forex, indices, commodities and synthetic indices. DTrader comes with $0.35 minimum trade, 15 seconds trade to day trading. The action button is RISE/FALL, the trading chart are candle, tick chart etc.
DBot: This is an auto trading robot by the broker to ease your work. Therefore if you don’t have the time or the experience to trade, just use the Dbot. It can buy as low as $0.35, and accept any minimum deposit.
DMT5: This is another trading platform offered by deriv broker. It’s best mt5 trading platform for trader’s of all kind.
On synthetic platform, leverage is 1:1000, margin is 100% and stop out is 50% and more than 10 assets. Financial, you can trade commodities, cryptocurrencies, major (standard and micro-lots) and minor currency pairs.
On Financial STP: Trade major, minor, exotic currency pairs, and cryptocurrencies with Straight-Through Processing (STP) of your orders direct to the market.
Compare with iqcent

Account Type

Deriv gives traders opportunities to trade regardless of your trading experience and size. However checking the account types offered by deriv, it’s just like the platform options. The account types are: Standard,
MT5 (DMT5), Synthetic Indices and Demo account.
You can trade all these account with minimum lot of $0.35 and minimum deposit of $5. Review On Customer Support

In terms of giving customers attention, deriv is one of the best binary options broker with good support. However in the process of our deriv review, we saw that they offer 24/7 support. More-so, the support service can come in live chat, phone calls and email.  Therefore if not for any other reason, working with a broker with a good customer support is important. At least your problem can be fixed easily without stress.

Security Of Data And Fund

Deriv website is secure and free to use, in terms of browsing through the website, it’s have SSL security. Traders fund have a separate account. While all the payment and withdrawal methods are highly encrypted. The deriv broker doesn’t know your password nor store your credit cards.

Assets Available At

The broker offer more than 100 products to traders. However you can trade forex, stock indices, synthetic indices, and commodities. All these is to always enhance a good platform.

Spreads & Commissions

Deriv offer tight spreads and minimal trading fees. As the company is still rolling out their new system, average spreads and commission data is limit to extent. However, had a strong reputation for competitive spreads and a transparent fee structure. In addition, they will charge dormant fee to accounts inactive for a period of 12 months.


They gives  traders compliant force up to 1:1,000. This allows users to stand better take sizes by putting down a tiny deposit, renowned as margin, to multiply ability returns. Margin rations and influence levels diverge depending on the explanation and province you enter an report from. In the EU, for example, convention perimeter the control retail traders be able to consumption on FX key currency pairs to 1:30. Review On Payment Methods review
Deriv offer traders multiple payment methods which we are going to list here.
However, we hardly give information like review without trying a broker. Therefore all results are highly verified by second source. When checking we saw that they offer 4 payment methods. But we can divide this 4 payment into 25.
E-wallet: 10 payment methods
Bank wire: 7 payment methods
Credit/Debit cards: 4 payment methods
Cryptocurrencies: 4 payment methods
Note: If you use any one of the payment methods to deposit in your account, then that’s where  you must withdraw from.  That is to say that whatever method you use to deposit must be your withdrawal method. This is for security reasons.

Is Deriv Legit Or Scam

It’s clear and simple, deriv is completely legit and reliable. Deriv have a license as a legit binary option broker. The trading platforms they offer is very simple to use and flexible to navigate. Traders always return a good review and rating based on support. Therefore if your question is wether deriv is legit or scam? Know it from us that deriv is very reliable. We strongly recommend this broker, however, if you wish to start trading with alternative, then get best from iqcent. Review Conclusion

Iqcent binary
Finally, we will conclude our deriv review by recommending it. If you are not sure of the broker or question if deriv is legit or scam? I’m confidently telling you that deriv is good. Reasons are: they are under regulation, we are currently using the broker, good customer support and demo account.  More-so, we recommend looking at the major sponsor of deriv, unlike other scams out there, this broker has grown  large because of its amazing service. Not really sure of go for iqcent

3 Responses to “ Review: Is Deriv Legit Or Scam? Find Out By Reading Deriv Review”

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    this piece of writing, in my view its really awesome for me.

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