Deriv (ex Binary.com)

As people look for new ways to invest, binary options have grown in popularity. The reason for the growth is due to the low cost of entry, meaning minimum balances can be low. Secondly, it offers exposure to markets that otherwise would be unattainable to many due to margin requirements and geographical location. That being said, this article will be an overview of Binar.com, which as you can gather from the name is a binary option-trading platform. We’ll cover all of the important details and anything that will help you to formulate an opinion.

Risk Disclaimer:

Deriv offers complex derivatives, such as options and contracts for difference (“CFDs”). These products may not be suitable for all clients, and trading them puts you at risk. Please make sure that you understand the following risks before trading Deriv products: a) you may lose some or all of the money you invest in the trade, b) if your trade involves currency conversion, exchange rates will affect your profit and loss. You should never trade with borrowed money or with money that you cannot afford to lose.

What is Deriv (ex Binary.com)?

According to the company’s website, Deriv (ex Binary.com) was founded in 1999. With an established name in the marketplace, they have become one of the “most respected” names in the industry. Their four values include integrity, teamwork, competence, and customer focus.

Beyond that, Deriv (ex Binary.com) is a platform that allows for binary options trading over a variety of assets, as well as utilizing MetaTrader 5 for Forex and CFD’s. With their wide selection of products and use, odds are you will find something that can accent your current portfolio and trading style.

Deriv (ex Binary.com) Facts and Figures 2024

• 24/7 trading even at weekends
• 100+ tradable instruments
• Debt-free company
• 300+ contractors and staff worldwide
• Over 2,5 million registered players worldwide
• Processes 20 transactions per second, 24/7
• Offices in Malta, Malaysia, UAE, and Paraguay
• Licensed and regulated in Ireland, Isle of Man, United Kingdom, and Malta
• Supports Chinese, French, English, German, Italian, Indonesian, Portuguese, Polish, Spanish, Russian, Vietnamese, and Thai
• Expects its active client base to go over 175,000 in 2020
• Over 1.42 contracts bought and sold on the Deriv platform so far
• Generated over $9.2 billion in turnover so far
• No hidden commissions or fees

Instruments	100+ Forex, Commodities, Stocks, Stock Indices and Synthetic Indices.
Licenses and Regulation	Ireland, Isle of Man, United Kingdom, and Malta
Demo Account	Yes
Islamic Accounts	Yes
Trading Platforms	Deriv MT5, DTrader.
Minimum Deposit	$5
Accounts	Over 2,500,000 clients.
Customer Support	Email, Help Center, Community
Funding & Withdrawal	Online banking, Visa, MasterCard, Diners Club, JCB, Skrill, Neteller, Webmoney, fasapay, Perfect Money, paysafe, Jeton, STICPAY, airtm, Boleto, PayLivre, Trustly, AstroPay, 1foryou, Advcash. BTC, LTC, USDT, USDC, ETH (only for our clients with crypto trading accounts)

How Does It Work?

Binary options are built off the premise of a defined risk product. Before you execute the trade, you will know what your max gain and max loss will be. From there, there are several ways a platform can build these products. With Deriv (ex Binary.com), there are several different products such as Rise/Fall, Higher/Lower, Touch/No Touch, and many more. The different products require the market to do certain things in order for the option to pay out, allowing you to find the right product to fit your needs.

Also, there are CFD’s that can be used with MetaTrader 5, allowing for an additional layer of choices. While CFD’s are different than binary options, this platform allows for their use, which can compliment any portfolio.

Is Deriv (ex Binary.com) Reliable?

As with many binary option trading platforms, some are lacking in reliability. Many people new to the binary option world can be hesitant and rightly so, as you are depositing and trading with a company. Trust needs to be built and Deriv (ex Binary.com) appears to have done a good job ensuring investors they are properly covered.

On their website, they have a detailed page listing how they are regulated and what countries they are covered in. Also, they clearly state which countries are unable to open an account with Deriv. From how it appears, this company does a solid job of divulging as much detail as possible to ensure their investors and traders are informed.

On its regulation page, Deriv states that it serves a global community of over 1,000,000 traders as it has multiple licenses and complies with regulatory frameworks from different parts of the world.

It is a brand belonging to Binary Limited, the holding company of the following subsidiaries:

• Binary Investments (Europe) Ltd licensed by the Malta Financial Services Authority
• Binary (SVG) Ltd licensed in St. Vincent and the Grenadines
• Binary (V) Ltd licensed by the Vanuatu Financial Services Commission
• Binary (BV1) Ltd licensed by the British Virgin Islands Financial Services Commission
• Binary (FX) Ltd licensed by the Labuan Financial Services Authority

Reasons to Register at Deriv (ex Binary.com)

There are plenty of reasons to sign up at Deriv and we have compiled a few of them here:

• No hidden fees or commissions
• Choose payouts ranging from $1 to $50,000
• Choose trade durations ranging from 10 seconds to one year
• Sell contracts before they expiry to maximize profits and minimize losses
• Execute trades in seconds
• Licensed and regulated in Malta and British Isles
• Deposits are maintained in separate accounts

How to Get Started

Getting started at Deriv (ex Binary.com) is a simple procedure. You can choose from two ways to create a free account at the online broker.

The first way is to type your email address and then click on the “Create free account” link. You have to then verify your email address to complete the registration procedure. The second way is to create a free account with Facebook or Google.

You can open several types of accounts at Deriv (ex Binary.com), and you will find details of these accounts in the next section.

Types of Accounts

When deciding what client to use, one of the first items many consider are the various account options. The other item to consider with Deriv (ex Binary.com) is they also utilize MetaTrader 5 so you will likely need to access their platform to trade certain products.

There are two different accounts with the first being a demo and the second being a live account. The importance of having a demo account can’t be overlooked as this gives you a chance to test drive the platform without risking any capital.

To go along with the accounts offered on the platform, there is the MetaTrader 5 platform you can utilize as well. According to the Deriv (ex Binary.com) website, there are three MetaTrader account types. First is the standard account, which “is suitable for a wide range of traders, both new and experienced”. From there, you can upgrade to an advanced account, which provides tight spreads and higher tick sizes. Lastly, there is the volatility indices account that allows you to trade CFD’s on volatility indices. Between these types of accounts, odds are one of them fits your needs.

The bonus to these accounts as well is according to their website, there is no minimum deposit required for a Deriv account.

Market Types

When searching for the right trading platform, it is important to know what assets you can trade and have exposure to. The goal is to have a wide variety that fits your portfolios needs. According to the Deriv home page, you can trade Forex, Crypto, CFD’s, Metals, and Look backs. If you want to know the full list of markets available, you can visit their asset index page.

As you would guess, they have many of the major currency pairs that include USD/JPY, EUR/USD, GBP/JPY, and AUD/JPY. From there however, you can go into what they categorize as ‘minor pairs’, which include AUD/NZD, USD/MXN, and USD/SEK. With the various indices, it includes the world’s major indexes and few smaller ones as well. You should have no problem trading indices if that is your goal. Lastly, the different types of commodities include gold, palladium, platinum, silver, and oil. As you can see, there is clearly no shortage in asset options, which is a huge plus for you the trader because you can access these markets all from one platform.

Award Winning Trade Excellence

Certainly when it comes to searching for the right binary option platform, there are several out there as this industry has surged in popularity The first item many seek out is their reputation and Deriv (ex Binary.com) does a great job of showing their award winning trade excellence, providing comfort and building trust in their traders and users.

For a full list of their awards, you can view the why us page at Deriv. However, a few of their awards include “Best Fixed Odds Firms 2021” and “Best Binary Option Broker” by Online Personal Wealth Awards 2017.

Academy – Learn How to Trade Whith Deriv (ex Binary.com)

One section of a financial platform you need to consider is their education section. The firm you choose to invest with should provide you with continued education as the market change and update. Education allows you to stay up on current trends and to learn about different trading strategies and techniques.

If you click on the academy section of the Deriv website, you will be taken to a news section that will show you current happenings within the platform. This could include updates and new products that you the trader have access to. From there, you can look at a daily report, video. as well as contributors. The academy section of the website provides you with a healthy amount of material.

From there, you can go to the learning center of the website which includes “The Commodities Corner” as well webinars and weekly trading signals. It also appears there are EBooks that you can have access to as well. Knowing that you have access to these materials is crucial because if you are going to invest time and energy into a platform, they should invest time and energy back into you.

Deriv (ex Binary.com) Platforms

Deriv offers the following trading apps, platforms, and tools:

• Deriv – This is an intuitive and powerful app that gives you quick access to all your favourite markets and allows you to easily monitor your open positions.
• SmartTrader – This is a binary options trading platform for smartphones and tablets.
• Tick Trade Android App – This app allows you to trade fast on the move.

In addition, Deriv (ex Binary.com) offers a number of charting platforms such as SmartCharts and TradingView that allow you to study financial information to effective predict market movements.

How to Open a Demo Account

Opening a demo account appears fairly simple. As you enter the home page, there is a line where you can enter your email and select “Create Free Account” or you have the option of creating an account with Google. From there, you can set up the demo account by providing the necessary information. This will allow you to test drive the platform and see if it fits your needs without risking your capital.

Deposits and Withdraws

Like many of the platforms out there, Deriv (ex Binary.com) has many different payment methods. Along with the variety of payment methods include their processing times. Under the payment methods section of their website, you can see the different bank wires, debit/credit cards, and even crypto currency methods of depositing funds into your account.

The one common thread amongst all the different methods of depositing is that the withdraw period appears to only take one day to process, which is good for trades needing quick access to their funds. Other platforms can take up to five business days or more.

Terms of Service

It is important to go over the terms of service when opening an account. This document will tell you the different rules you will be bound to within the platform. For example, the governing bodies you will be under when trading on Deriv include the Isle of Man, Malta, or Costa Rica. That being said, it may benefit you to have a general understanding of how their financial laws work.  From there, you can see how security is handled, as well as conflicts and the risk disclaimer. Essentially everything you need to know will be in this section of the website from a legal standpoint.

Getting Help at Deriv (ex Binary.com)

If you need help at Deriv, you have to click on the Contact Us link at the bottom of the website. This takes you to a help center with a search bar at the top. Type your question, phrase, or keyword in the search bar to get the assistance you require.

If you still cannot find what you are looking for, click on the Ask for Help link to create a support ticket. Or you can call the UK numbers +44 1666 800042 and +44 800 011 9847 (Toll Free) for quick assistance.

Deriv (ex Binary.com) FAQs

👉 Is Deriv (ex Binary.com) safe and legitimate?

Deriv (ex Binary.com) takes all the required measures to protect clients’ financial and personal information. It collects information from its clients only to give them the best possible online trading and account management services. The online broker has a privacy policy in place, which prevents it from selling or sharing clients' details from any third party. In addition, it takes the following measures: • It encrypts clients' passwords so that nobody, not even its trusted employees, can read them. • 100% of your balance is always ready for withdrawal after verification. • Deriv (ex Binary.com) uses the latest encryption technology to submit card details to Visa and/or MasterCard networks.

👉 What is the minimum deposit and/or withdrawal amount for deriv.com?

The minimum deposit and/or withdrawal amount depends on your preferred payment method. If you choose electronic wallets as your preferred payment method, you have to deposit at least USD/AUD, GBP/EUR 5 into your account.

👉 What are the supported currencies at Deriv?

You can open a real money account at Deriv using cryptocurrencies and fiat currencies. The online trading platform supports USD, GBP, AUD, and EUR. You can open only one fiat currency account. Deriv (ex Binary.com) supports cryptocurrencies such as ETH, BTC, UST, and LTC. You can open one Deriv (ex Binary.com) account for each type of cryptocurrency.

👉 Can I learn to trade at Deriv (ex Binary.com)?

Click on the Get Started with Deriv.com link on the homepage to read about the basics of getting started at the online broker. Or you can attend one of the webinars, which are regularly held at the online casino. You can also create a demo account or a virtual account to get familiar with Deriv markets, platforms, and products. Once you have understood online trading better and gained the required confidence to trade with real money, you can open a real money account.

👉 Can I trade on the go at Deriv (ex Binary.com)?

Yes, you can trade on the go at Deriv. The online broker offers two mobile trading apps, SmartTrader and Tick Trade Android App. SmartTrader is a user friendly and simple online trading platform that is optimized for iOS and Android devices. Tick Trade Android App is a fast on-the-go trading app. You can download it using the “Download Tick Trade App” link on the “Platforms” section of Deriv (ex Binary.com).

👉 Which trading platforms are supported by Deriv (ex Binary.com)?

Deriv MT5, DTrader.

👉 What is the minimum deposit required to open an account with Deriv (ex Binary.com)?

5 USD.

Conclusion

From this quick overview, it appears that Deriv is one of the more well known and trusted brokers and platforms in the binary option industry. Offering not only binary options but MetaTrader 5 to their customers, you have a full range of investing possibilities. Understanding how these work is important before risking your capital, and you can do this by opening a demo account.

Overall, it appears Deriv knows what they are doing and have the awards and regulations to prove it. If you have ever had experience with this platform please leave a comment below describing your experience. Also, if you are new and have a question, leave a comment below for someone to answer. Deriv appears to have been in the game for quite some time and offers many different trading, as well as deposit and withdraws methods for their clients. That’s enough from us, go take a test drive and see if it is the right fit for you.

Deriv (ex Binary.com) Alternatives

	Minimum Deposit	Deposit Bonus	No Deposit Bonus	Islamic Accounts
Deriv	$10	20-100%	$20	Yes
Olymp Trade	$10	50-100%	No	Yes