Deriv is an online broker that Binary.com created and supports. The company provides trading using an internet platform (DTrader), an MT5 terminals (DMT5), or an automated trading system, including CFDs, binary options, and FX (DBot). Our analysis of 2022 includes information on leverage, asset listings, minimum deposits, and investment apps. Learn what the professionals thought of Deriv.com.
Company Information
Binary.com, which has been providing retail clients with services for 20 years, has changed its name to the better and newer Deriv. The platform offers a wider selection of products, an improved user interface, and a brand-new logo.
Over one million clients of Binary.com, who execute 43 million trading each month and withdraw $6 million per month, have gradually moved to Deriv.com.
The international brokerage has increased under the new roof. Deriv currently has 2.5+ million traders on its own books with a $10+ billion in annual trading turnover. While 114+ million trades are executed each month, 26+ million withdrawals are processed. The multi-award-winning trading company employs more than 1000 people across 18 sites, including Dubai and Cyprus.
There are several trading jurisdictions that govern Deriv.com. The business is accredited by:
- Financial Services Authority of Malta
- Financial Services Authority of Labuan
- Commission for Financial Services in Vanuatu
- Commission for Financial Services in the British Virgin Islands
Trading Environments
Deriv.com offers three trading platforms in addition to live alerts.
DMT5
The platform is simple to use but has a lot of features because it integrates MT5 and the associated analysis and research tools. It offers excellent potential for CFD traders of all skill levels.
Since it is completely customizable, traders can build up charts or trading regions whatever they choose. It is possible to have multiple trade windows active at once or to detach individual windows and move them around as needed.
The platform boasts more than 70 assets, and this list is constantly expanding. Asset lists are simple to locate and navigate. Also provided is adjustable leverage up to 1:1,000. A variety of trade sizes, ranging from micro-lots to 30 regular lots, are also offered.
DTrader
- The adaptable DTrader platform features a simple user interface and more than 50 tradeable assets.
- Technical analysis and widgets allow traders to modify charts to their specific needs.
- Trade kinds can also be created; available position sizes start at $0.35, and trade durations range from one second to 365 days. Furthermore, potential returns reach 200%.
- The DTrader platform represents a superb advancement in trading platforms and ensures the best possible user experience.
DBot
One of the market’s top offerings is Deriv.com’s automated trading platform. The DBot platform provides a simple setup process for algorithmic investment.
Bots can be created for free, assembled in only five steps, and applied to more than 50 assets. Additionally, traders can get started with one of three pre-built strategies. The performance tracker is a helpful extra tool that allows you to adjust enhance profits.
Avatrade
AvaTrade was established in Dublin, Ireland, in 2006. Ten nations are home to the company’s offices. It presently handles more than 2 million operations each month and has over 300,000 registered users. These elements help make AvaTrade a trustworthy and dependable broker. They are a market leader and have accreditation from all five continents.
The South African FSCA, the Japanese FSA, and the Australian Securities and Investment Commission (ASIC) all oversee the broker. AvaTrade is accredited by the British Virgin Islands Financial Services Commission, the Central Irish Bank, and the Abu Dhabi Financial Services Regulatory Authority. That is why it is the best forex brokers in Australia. Trading in stocks, equities, indices, cryptocurrencies, & currency pairs is possible with AvaTrade. Customers can choose from more than 1,200 tools overall.
Benefits of trading using AvaTrade include:
- A vast array of trading tools.
- Five continents are covered by a license for the provision of services.
- Customer care is available 24 hours a day, 7 days a week, and speaks 14 different languages to help users.
- A large selection of practical trading platforms.
- Trading from mobile devices is possible.
- The availability of a swap-free account for Islamic delegates.
- The broker keeps customer cash in a segregated account for safekeeping.
- using trading advisers, indicators, and other analytical tools in an automated fashion.
- There are no limitations on trading and scalping.
- zOffering training resources and hosting webinars for novice and seasoned traders.
Negative aspects of AvaTrade:
- The website’s user interface is not intuitive.
- Response speed and effectiveness of customer service
- Trading platforms can occasionally freeze.