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Last updated: ·Reviewed by BrokaBoy Research Team

Figures checked: 4 October 2026

Deriv logo

Deriv

Synthetic indices and multipliers alongside standard FX CFDs

Trustpilot 4.3 (73,060 reviews)
VFSC · LFSA · MFSA · BVIFSC · FSCM
Listed Min Deposit
$5
Max Leverage
Up to 1:1000 (entity dependent)
Spread From
0.5 pips
Platforms
4
Deriv MT5
Regulation
5
VFSC
Founded
1999

Overview

Deriv traces its roots to Binary.com and has been operating since 1999. It is best known for proprietary synthetic indices that trade around the clock and for simple products such as multipliers, alongside a conventional MT5 CFD offering. Synthetic products are simulated markets created by Deriv and are not tied to real-world assets, so pricing and risk behave differently from standard instruments.

Deriv supports Forex, Synthetic Indices, Metals, Indices, Energies, Stocks, Crypto CFDs across 4 platforms, and offers Standard, Financial, Swap-Free, Demo accounts to cover most trader profiles. Regulation is held with VFSC, LFSA, MFSA, BVIFSC, FSCM.

With spreads starting from 0.5 pips and leverage up to Up to 1:1000 (entity dependent), it's positioned for traders getting started who value deriv and synthetic indices.

Pros & Cons

Pros
  • Synthetic indices trade 24/7 including weekends
  • Very low minimum deposit and small trade sizes
  • Multiple platforms including MT5, cTrader and its own apps
  • Long operating history in online trading
Cons
  • Synthetic markets are broker-created and unique to Deriv
  • Standard FX spreads are wider than raw-spread specialists
  • Product availability varies substantially by country

Platforms & tools

Deriv MT5 logo
Deriv MT5
Deriv X logo
Deriv X
Deriv Trader logo
Deriv Trader
cTrader logo
cTrader

Regulation & safety

Deriv is regulated across 5 jurisdictions, through the regulators listed above. Protections such as segregated client funds, compensation schemes and negative balance protection differ by regulator and by the entity you sign up with - open each regulator's page for the specifics.

Fees breakdown

Illustrative summary - confirm current pricing on Deriv's own website.

Spread type

Variable; markup built into most synthetic and standard accounts

Commission

No commission on most Standard accounts; some crypto and share CFDs carry a commission

Overnight / swap

Swap charges apply on overnight CFD positions; synthetic indices and swap-free accounts follow separate schedules

Withdrawals

No Deriv withdrawal fee on most methods; payment agents and processors may charge

Opening an account with Deriv

  1. 1Open a Deriv account with an email address
  2. 2Complete identity and address verification
  3. 3Create a trading account such as Deriv MT5 Standard
  4. 4Fund the account and practise on the demo first

FAQ

What is the minimum deposit at Deriv?+

Deriv lists a minimum deposit of $5 to open a live trading account. Confirm the current amount on the broker's website, as it can vary by account type and region.

Is Deriv regulated?+

Deriv holds licences with VFSC, LFSA, MFSA, BVIFSC, FSCM. The protections you get depend on the regulator and entity you sign up with - see each regulator's page on BrokaBoy for details.

What is the maximum leverage at Deriv?+

Deriv advertises maximum leverage of Up to 1:1000 (entity dependent), depending on the instrument and your jurisdiction. Retail leverage may be lower under local regulation.

What are Deriv's spreads and fees?+

Deriv advertises spreads from 0.5 pips. No commission on most Standard accounts; some crypto and share CFDs carry a commission Swap charges apply on overnight CFD positions; synthetic indices and swap-free accounts follow separate schedules

Which trading platforms does Deriv support?+

Deriv supports Deriv MT5, Deriv X, Deriv Trader, cTrader across Standard, Financial, Swap-Free, Demo account types.

How do I open an account with Deriv?+

Open a Deriv account with an email address Complete identity and address verification Create a trading account such as Deriv MT5 Standard Fund the account and practise on the demo first

User reviews

Reviews below are periodically synced from public review platforms. BrokaBoy does not host, moderate or edit them, and the source timestamp is shown when available. Follow any link to read the full review at the source.

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