Tracked byIndependent review teamUpdated Methodology
Deriv
$5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020)
We may earn a commission if you open an account — it never affects our ranking or scores. How we’re paid.
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Editorial take
Deriv, formerly Binary.com, is the rebrand of one of the oldest binary-options operators (founded 1999) into a multi-asset CFD broker. It holds BVI and MFSA licences — Malta covers EU-resident clients under ESMA caps, BVI is the offshore vehicle. The product highlight is synthetic indices: proprietary instruments simulating volatility regimes that are unique to Deriv among major brokers. MT5 and Deriv X are the platforms.
Deriv's "from 0.7 pip" spread is editorial-quality wording — actual realised cost is variable and not always tightly bound. The synthetic indices are interesting but trade against Deriv's own price feed rather than an external market — that is a structural conflict that is disclosed but worth understanding before sizing trades. For straight FX, RoboForex, FxPro and Tickmill ECN feeds offer cleaner execution.
Deriv offers two distinct product lines: Deriv X / DTrader / SmartTrader (synthetic indices proprietary to Deriv — Volatility 75, Boom 1000, Crash 500 etc., available 24/7 even when forex markets close), and Deriv MT5 (standard forex/CFDs). Retail onboards through Deriv (FX) Ltd (Labuan FSA Malaysia for synthetics) and Deriv Investments (Europe) Ltd (MFSA Malta). The synthetic-indices product is genuinely unique — these are simulated price feeds with controlled volatility, allowing 24/7 trading without weekend gap risk. Polarising product type: ideal for traders specifically wanting algorithmic-volatility exposure, not appropriate for traditional macro/news trading.
Pricing
- Avg spread
- 0.70 pip
- Commission
- None
- Min deposit
- $5
- Max leverage
- 1:1000
Realised cost · EUR/USD · Deriv
| Position | Spread cost | Commission | Total |
|---|---|---|---|
| 0.1 lots | $0.70 | — | $0.70 |
| 1 lot | $7.00 | — | $7.00 |
| 10 lots | $70.00 | — | $70.00 |
Account: Deriv MT5 Standard · Verified · source ↗
Regulation
- BVIVGBVI Financial Services Commission
BVI FSC licensing; no statutory investor compensation scheme. Verify: bvifsc.vg
- MFSAMTMalta Financial Services Authority
Malta ICS: 90% compensation up to €20,000 per client. Verify: mfsa.mt
Regulator actions
No actions logged from the sources we track. Absence is not a verified clean record — we may not have researched this broker yet. How we source this.
Platforms
Payment methods
Deposit
- Bank transfers (local and international) in USD / EUR / GBP and other fiat currenciesFee: 0 from Deriv; sender bank may charge
- Visa / Mastercard (credit and debit) via the CashierFee: 0 deposit fee from Deriv; card-issuer / processing fee only
- E-wallets Skrill, Neteller, Perfect Money, Jeton, and others for instant top-upsFee: 0 from Deriv; minimum usually $5–10 (USD/EUR/GBP)
- Crypto deposits (BTC, ETH, USDT, etc.) credited as fiat (on-ramp / off-ramp)Fee: 0 from Deriv; network and on-ramp provider fees apply
- Deriv P2P — buy account balance for local currency via agents and other tradersFee: 0 Deriv fee; cost baked into the P2P exchange rate
- Mobile payments and online banking (country-dependent availability)Fee: 0 from Deriv; local provider fees may apply
Withdraw
- Bank withdrawals to client account (local or international transfers)Fee: 0 from Deriv; bank-side fees may apply
- Withdrawals to Visa / Visa Electron (Mastercard and Maestro usually deposit-only)Fee: 0 from Deriv; limits and timing depend on issuing bank
- Withdrawals to Skrill, Neteller, Perfect Money, Jeton, and othersFee: 0 from Deriv; usually processed within 1 business day
- Crypto withdrawals to external wallets (BTC, ETH, USDT, etc.)Fee: 0 from Deriv; network fee only
- Sell account balance via Deriv P2P for local fiatFee: 0 Deriv fee; spread between buy and sell rates
Who this fits
Fits if
- ✓You trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product category
- ✓You have $5 to start and want an EU-grade (MFSA Malta) MiFID entity at entry level
- ✓You want Deriv P2P for local-currency funding via agents and other traders
- ✓You value 25+ years of operating history (originated 1999 as Binary.com, rebranded 2020)
- ✓You fund via crypto (BTC, ETH, USDT) and want it credited to a fiat trading balance
Avoid if
- ✕You live in Canada, Hong Kong, Singapore, UAE, Malta, Malaysia, Israel, Belarus, or OFAC-sanctioned — 17 restricted
- ✕You primarily trade forex — CFD breadth is narrower than RoboForex / Tickmill; synthetics are the core
- ✕You expect a published typical EUR/USD spread — Deriv discloses "from 0.3 pip" only
- ✕You deposit and then don't trade — $25 / €25 / £25 inactivity fee after 12 months, then every 6 months
- ✕You are a Malta resident — counter-intuitively, Deriv's MFSA-licensed entity is in Malta but the broker does not onboard Maltese clients locally
Compare to other brokers
Frequently asked
What licence does Deriv hold?
Deriv is regulated by BVI, MFSA. Verify on each regulator's public register before opening an account.
What are Deriv's fees and commissions?
Standard tariff: Deriv MT5 Standard. Commission per trade: 0%. Minimum deposit: $5. Detailed pricing in the section above.
How do I open an account at Deriv?
Online onboarding: visit Deriv's site, complete the application (ID + tax number), pass identity verification, fund the account ($5 minimum). Open an account: https://partner-tracking.deriv.com/click?a=18744&o=1&c=3&link_id=1.
What trading platforms does Deriv offer?
Deriv provides: MetaTrader 5, Deriv X.
What is Deriv's minimum deposit?
$5.
Coverage note
- Brokers tracked
- 14
- Regulators indexed
- 55
- Regulator actions logged
- 2
- Latest pricing verification
- Jun 1, 2026
The information above combines broker disclosures, public regulator registries, and our own editorial fit assessment. We do not open live accounts or run execution tests — published pricing is a typical figure, not a guarantee of what you'll pay. Decide accordingly.