Deriv Broker Review
Deriv, headquartered in Malta, is one of the leading brokerage companies. Founded in 1999, this company is active in the trading market. Users have access to various advanced features for a convenient investment and some trading options that ensure their safety.
You can find our transparent Deriv review below. Broker reviews are updated frequently!
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Deriv offers two different account types to its clients. It includes a demo account and a real trading account. With a click of a button, you can switch to a live account once you are done using the demo account. You can choose among the following three types of accounts for DMT5:
- DMT5 Financial STP account
- DMT5 Financial Account
- DMT5 Synthetic Account
Trade with One of Our Top 3 Verified Brokers. Try their Risk-Free Demo Account!
Every trade is subject to a commission and spread. As a result, traders should know the exact fee charged by their broker before they begin trading. Furthermore, Deriv provides flexible leverage up to 1:1000. As a result, users can simply place smaller deposits to obtain large positions.
Deposits can be made at Derive using a variety of options. For example, you can make a payment using a credit/debit card, a bank wire transfer, or a cryptocurrency wallet. An individual does not need to pay a fee when they deposit.
Pros / Cons
- Established Broker
- No FSCA Regulation
- No ZAR Account Currency
- Broker Not Verified
As far as withdrawals are concerned, the working process usually takes a few days. Withdrawing money from the bank requires a minimum of $5. A minimum withdrawal of USD 10 is allowed for credit/debit cards. The Maestro and MasterCard services are exclusive to UK traders.
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Heinrich is a forex and CFD enthusiast with a passion for writing good informative quality content. He strives to showcase the best forex brokers in Africa. Join him on his Journey!
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