BrokAIr Reviews

Deriv Review

Deriv is taking online trading to the next level with their innovative platform, but is it too risky for novice traders?

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Overview of Deriv

Deriv is an online brokerage founded in 2020 and owned by Tradologic, a leading technology provider for the binary options trading industry. It offers a wide range of products, including Contracts for Difference (CFDs), forex, and cryptocurrency trading. With its user-friendly platform, low fees and fast execution, Deriv has become a popular choice for traders around the world.

Pros

Cons

Founders and Leadership Team

Deriv is owned by Tradologic, a leading technology provider for the binary options trading industry. The founders of Deriv are Yuri Laskin, CEO and CTO; Vitaliy Laskin, COO; and Sergey Kukurudzyak, CFO. The company is located in Cyprus.

Public Opinion of Deriv

The overall public opinion of Deriv is positive. Many traders appreciate the user-friendly platform, low fees, secure platform with advanced encryption, and excellent customer support. However, some traders have also expressed dissatisfaction with the lack of educational resources and customization options for the trading platform.

Newsworthy Events

In April 2021, Deriv launched a new app called DTrader on Apple App Store and Google Play Store for traders to access their accounts anytime, anywhere. In December 2020, Deriv was granted authorisation by the Cyprus Securities and Exchange Commission (CySEC) as an Investment Firm (CIF). In October 2020, Deriv was awarded Best Binary Options Broker by FX Empire’s Expert Awards 2020.