Deriv
Market MakerDeriv is a unique broker offering proprietary synthetic/volatility indices that trade 24/7, alongside traditional forex, binary options, and a no-code trading bot builder.
Trading Forex and CFDs involves a significant risk of loss.
Our Rating Breakdown
Scores based on independent research and live account testing.
Deriv Full Review
Deriv was founded in 1999 as Binary.com and rebranded to Deriv in 2019. It operates from Malta and offers a unique range of trading products, most notably its synthetic and volatility indices which are available to trade 24 hours a day, 7 days a week — including weekends.
Synthetic Indices
Deriv's most unique feature is its range of synthetic and volatility indices (such as Volatility 75 Index, Crash/Boom indices, and Jump indices). These are proprietary instruments that simulate market-like movements with specified volatility levels, allowing traders to practice and trade around the clock.
DBot
DBot is Deriv's no-code automated trading bot builder. Traders can build trading strategies using drag-and-drop blocks without any programming knowledge — making algorithmic trading accessible to beginners.
Digital Options
Deriv offers digital options (also known as binary options) through its DTrader platform. These have fixed risk and fixed return profiles, making them simpler to understand than traditional derivatives.
DMT5
Deriv's DMT5 is a version of MetaTrader 5 integrated with Deriv's trading environment, allowing traditional MT5 trading alongside Deriv's proprietary instruments.
Verdict
Deriv is best for traders who want to trade synthetic indices or explore automated trading through DBot. Traditional forex traders may prefer a broker with stronger regulation and tighter spreads on major pairs.
Pros
- Unique synthetic/volatility indices available 24/7
- Very low minimum deposit ($5)
- DBot for automated trading without coding
- Binary options and digital options available
- 25 years of company history
Cons
- Regulation not as strong as FCA/ASIC
- Some products (binary options) are banned in EU/UK
- Less suitable for traditional forex trading
Broker Details
- Headquarters
- Birkirkara, Malta
- Founded
- 1999
- Type
- Market Maker
- Min Deposit
- $5
- Max Leverage
- 1:1000
Regulation
Platforms
- DTrader
- DMT5
- DBot
- SmartTrader