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Deriv (formerly known as Binary.com) group includes several related companies.
Deriv MT - located in Malta, regulated by the Malta Financial Services Authority (MFSA).
Deriv MY - located in Malaysia, regulated by the Labuan Financial Services Authority (LFSA).
Deriv SVG - legally registered entity located in Saint Vincent and the Grenadines, but not regulated by any government agency.
Deriv BVI - located in the British Virgin Islands, regulated by the BVI Financial Services Commission (BVIFSC).
Deriv VU - located in the Republic of Vanuatu, regulated by the Vanuatu Financial Services Commission (VFSC).
Deriv is also registered with the Financial Commission (FinCom), an independent international organisation resolving disputes.
Be aware, MT company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
Deriv group accepts clients from all over the world, excluding USA, Canada, UK, Belgium, Malta, Singapore, Hong Kong, Alderney, American Samoa, Belarus, Cuba, Guam, Guernsey, Iran, Isle of Man, Israel, Jersey, Jordan, Malaysia, Myanmar, North Korea, Northern Mariana Islands, Paraguay, Puerto Rico, Rwanda, Syria, UAE, Vanuatu.
Forex broker offers the following underlying assets for FX trading.
| 70+ Currency Pairs | Based on major and minor world currencies. |
| 30+ Crypto Pairs | Based on various top-rated coins and tokens. |
| 11 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 11 Metal CFDs | Based on Gold, Silver, Platinum, Palladium, Aluminium, Copper, Lead, Zinc, Nickel. |
| 2 Energy CFDs | Based on Crude Oil (WTI, Brent). |
| 50+ Stock CFDs | Based on shares of top-rated US companies. |
| 30+ ETF CFDs | Based on exchange-traded funds containing various tradable assets. |
Forex broker offers the following underlying assets for Binary Options trading (unfortunately, not available for EU residents).
| 25+ Currency Pairs | Based on major and minor world currencies. |
| 10 Indice BOs | Based on baskets of different blue-chip stocks. |
| 4 Metal BOs | Based on Gold, Silver, Platinum, Palladium. |
| 1 Energy BO | Based on Crude Oil (WTI). |
The broker also offers speciic proprietary “Derivative Indices” divided into the following categories: 1) “Synthetics” 2) “Baskets” 3) “Derivative Currency Indices”.
Deriv is a veteran forex broker established all the way back in 1999. The broker was originally known under the brand BetOnMarkets.com, before it in 2013 changed its name to Binary.com, a name that reflected the company’s focus on binary options trading.
As binary options have increasingly fallen out of favor with both traders and regulators, the company changed its name again to Deriv. At the same time, it transitioned to a stronger focus on traditional CFD and forex trading, in addition to the still-existing options business.
During its years under the Binary.com brand, the broker became known as one of the first players in traditional finance to launch trading accounts denominated in Bitcoin (BTC) in 2017. The broker was also an early mover in terms of accepting crypto for account deposits and withdrawals.
As a large global forex broker, Deriv today has offices located in many key cities around the world, spread across all continents. The broker also has regulated entities registered in Malta (for EU-based traders), Malaysia, Saint Vincent and the Grenadines, the British Virgin Islands, and Vanuatu.
In addition to being regulated by government agencies in the above-mentioned countries, Deriv is registered with the private dispute resolution organization known as the Financial Commission (FinCom). The purpose of this is to bring some extra peace of mind to traders who may not otherwise be comfortable trading with an offshore forex broker.
As far as trading instruments go, Deriv has something to offer most traders with its selection of both traditional CFDs and options.
The broker offers more than 70 forex pairs, which is more than what most other brokers we have reviewed here on FX-List has. It also offers around 30 crypto pairs, 11 major stock indices, single stocks from around 50 US-listed companies, around 30 exchange-traded funds (ETFs), as well as most popular commodities.
As underlying assets for binary options trading, Deriv offers more than 24 forex pairs, 10 stock indices, and a handful of the most commonly traded commodities such as gold and oil.
It is worth noting that Deriv no longer uses the term “binary options” to describe its options offering. Instead, the broker now offers what it calls “digital options,” which essentially are the same as traditional binary options given that the trader only has to make a binary choice (bet if the price of the underlying is going up or down).
In addition to these binary options-like instruments, Deriv also offers some slightly more complex options contracts called “accumulator options,” “vanilla options,” and “turbo options.”
The instruments offered by Deriv can be traded on several different platforms that the broker supports. At the time of writing, these are the traditional downloadable desktop platforms MetaTrader 5 (MT5) and cTrader, the web-based Deriv X, and the options trading platforms SmartTrader and Deriv Trader.
Additionally, the broker has a mobile trading app known as Deriv GO, as well as dedicated trading bot building systems for both CFDs and options trading.
All in all, we see Deriv as a very strong player in the forex, CFD and options trading space. The broker offers an almost unparalleled number of instruments across both CFDs and options, including a variety of exotic types of options contracts that are hard to find elsewhere. It's therefore clear to us that Deriv certainly could be an interesting broker to look at for traders looking to make money from options trading on a variety of underlying assets.
