Deriv (formerly “Binary.com”) is a binary options, CFD and Forex trading broker that appeared back in 1999. The broker can offer trading of several types of binary options, and several different trading platforms are provided for the client, including its own platform for CFDs and MetaTrader 5 for Forex trading.

Official website of the broker Deriv

Pros and advantages of the trading platform of the Deriv broker

The advantages of the Deriv broker include the following:

• Good reputation among traders from all over the world - the broker has been operating since 1999
• Own trading platform for binary options
• There are several types of binary options, including highly profitable ones
• Having your own trading platform for CFDs
• Ability to trade Forex from the MetaTrader 5 terminal
• Minimum deposit – from $5
• Minimum investment amount – from $1
• A large number of indicators and tools for technical analysis of charts
• The official website and trading platform have been translated into many languages of the world
• The broker consistently pays profits, which is confirmed by good customer reviews
• Lots of assets to trade
• Availability of a mobile application
• There is automatic trading using custom advisors
• Unlimited demo account to get acquainted with the trading platform of the Deriv broker

Official website of the binary options, CFD and Forex broker - https://deriv.com/

The official website of the binary options, CFD and Forex trading broker is located at - https://deriv.com/

A large number of different assets are available for trading: currency pairs, stocks, indices, cryptocurrencies, commodities. There are also assets for trading at any time - Deriv indices (assets whose price is generated on the broker's trading platform - something similar to OTC assets):

Broker Deriv provides trading services:

• Binary options
• CFD
• Forex

Several trading platforms are available for trading:

• Deriv GO – mobile trading platform
• Deriv MT5 – MetaTrader 5 for Forex trading
• Deriv Trader – trading platform for binary options
• Deriv X – CFD Trading Platform
• Deriv Bot – platform for automated trading with the ability to copy transactions of other traders
• SmartTrader is an old and not very convenient broker trading platform for binary options
• Binary Bot - platform for automatic trading of binary options
• Deriv cTrader – CFD trading platform

For convenient replenishment and withdrawal of funds, the Deriv broker has a convenient platform for P2P trading, which allows you to carry out all operations within a few minutes. Of course, there are also the usual methods for replenishing a trading account and withdrawing funds, such as: online wallets, bank transfers and bank cards, cryptocurrency. Different countries have their own methods for depositing and withdrawing funds.

Registering a trading account and verifying your identity with the Deriv broker

Official website of the broker Deriv

To register a trading account with the Deriv broker, you need to go to the broker’s official website and click on the “Open demo account” button:

Then you need to fill out a simple registration form:

An email will be sent to the specified email address with further instructions on how to activate your account.

In the personal data section you need to provide information about yourself - it will be needed when going through the identity verification procedure:

The next step is to verify the trading account or confirm the client’s identity. You will be asked to send the necessary documents confirming the fact that you can trade with the Deriv broker, as well as confirming your actual place of residence:

Trading platform for broker of binary options, CFD and Forex trading Deriv

After registering a trading account, you will be given access to a Deriv broker demo account, and will also have access to all broker trading platforms:

Here you can switch the account type - switch from a demo account to a real account and vice versa:

Trading platform Deriv Trader - trading platform for binary options at the Deriv broker

The Deriv Trader trading platform looks like this:

• The price chart takes up most of the screen
• On the left are buttons for chart settings and adding technical analysis indicators
• The upper left corner is occupied by the button for selecting an asset for trading
• To the right of the chart there is a panel for selecting the type of option and opening transactions

Assets for trading are divided into categories - more than 100 assets are available:

In the price chart settings, you can choose one of several display types: line chart, Japanese candlesticks, hollow Japanese candlesticks, bars. In the same window you can select the time frame of candlestick charts:

You can add technical analysis indicators to the price chart of an asset, which will simplify your understanding of the current market situation and help you make the right decision in trading. There are about 40 indicators available, each of which can be customized to suit your needs:

In addition to indicators, you can draw or add various levels, lines or shapes on the price chart:

Deriv cTrader trading platform - platform for CFD trading with the Deriv broker

Official website of the broker Deriv

The Deriv cTrader trading platform is available in two versions - as a web version and as an application for a personal computer. The platform is designed for CFD trading with the Deriv broker and has its own trading account - you can always transfer funds to this account, for example, from a binary options trading account. Deriv cTrader looks like this:

• The price chart or several price charts are located in the center
• On the left there is a window for selecting assets for trading
• Above the charts there is a price chart settings panel
• Under the charts is a window of open trades
• To the right of the chart is the panel for opening trades

As for the transactions themselves, the platform allows you to open CFDs by:

• Market
• Limit
• Stop
• Stop Limit

The leverage of the Deriv broker is 1:400, which is a very favorable condition for trading. For the transactions themselves, you can specify Stop Loss and Take Profit, as well as add a comment to the transaction.

Deriv cTrader allows its clients to copy trades of other traders. There is a special section for this, where traders and their results are listed:

Please note that if the balance graph looks like a line smoothly moving upward, then this means only one thing - trading is carried out according to the Martin Gale (or Martingale) system. Such trading can be profitable for some time, but at some point the trader loses everything - therefore, deep drawdowns are visible on the balance chart.

Types of options on the Deriv Trader trading platform

The Deriv Trader trading platform allows you to trade several types of options:

• Call and Put options
• Multipliers options
• Rise and Fall options
• Higher and Lower options
• Touch and No Touch options
• Matches and Differs
• Even and Odd
• Over and Under

Call and Put options - classic options on the Deriv broker platform

Call and Put options are classic options. Their goal is to choose the right price direction. At the moment the trade closes, the price must be at least one point higher or lower than the opening price, according to your forecast. If your forecast turns out to be correct, then you make a profit, which depends on how far the price has moved from the opening point (but not less than 70%). If the forecast is incorrect, the bet amount is lost.

Call and Put options are traded as follows:

• Choose an asset to trade
• Set the expiration time – in minutes, hours, days. You can also select the exact end time of the transaction
• Select a Call or Put option, depending on your forecast for further price movement
• Strike Price sets additional conditions for the transaction - the level above or below which the price should be at the time of closing the transaction. If your prediction turns out to be correct, then the payout will be up to 550%, otherwise the bet amount is lost
• Investment amount is displayed
• A deal is opened
• At the moment of closing, the trader makes a profit or loses the bet amount

Multipliers options – CFD options with fixed risk

Multipliers options are a type of CFD options:

Trading Multipliers options occurs as follows:

• Selecting an asset for trading
• The trader sets the transaction amount
• The leverage parameter is set – from 10 to 200
• If necessary, the Stop Loss, Take Profit parameter is set
• You can also set the end time of the deal - the deal will be closed with the current result at the set time
• An option opens

The leverage parameter directly affects the rate of earnings or loss of funds. The larger this parameter, the faster the bet amount will change - if the price moves according to the forecast, then the transaction balance will increase, if the price moves against the forecast, then the transaction balance will decrease. The trade balance is the amount that the trader has invested in that particular trade. You cannot lose more than the investment amount.

This type of options has a commission for opening a transaction (0.2%) and a commission for early closure – $1.

Rise and Fall options on the Deriv Trader platform

Rise and Fall options on the Deriv broker platform are ordinary binary options. The trader makes a forecast on the direction of the price; if the price has moved at least one point towards the forecast at the time of closing, then such an option is considered successful and the trader makes a profit. If the price at the time of closing the transaction moved against the client’s forecast, then the option is considered unprofitable and the trader loses the amount of the bet.

Higher and Lower options at the Deriv broker

Higher and Lower options at the Deriv broker allow you to add a level to classic binary options, above or below which the price should be at the time the transaction is closed. The further this level is from the current price, the greater the profit you can get for a correct forecast.

Trades can be opened both up and down - your option may initially be in a profitable zone, but then the profit for a correct forecast will be more modest than for an option opened in a loss-making zone (behind the Barrier line)

Touch and No Touch options at Deriv broker

Touch and No Touch options from the Deriv broker are classic options, the purpose of which is to determine the further movement of the price and whether the price level will touch (or not touch). If the price reaches the set price value, the Touch option is automatically closed in profit. For the No Touch option, it is necessary that the price, before closing the transaction, does not touch the price level set in the option parameters.

Before opening a Touch or No Touch option, the Barrier value is set:

• For the Touch option, the further the set price level, the greater the profit you can get for a correct forecast. The trader risks only the bet amount - the transaction will close at a loss if the price, by the time of closing, has not reached the set level
• For the No Touch option, the closer to the current price the price level is set, the greater the profit you can get for a correct forecast. The transaction will close in profit if at the time of closing the price did not touch the set level. If the price touches the set level, the transaction is closed at a loss automatically. The trader’s risk is only the amount he indicates in the investment window

Matches and Differs options on the Deriv Trader platform

Matches and Differs options on the Deriv Trader platform are tick (or Blitz) options. The transaction time is not calculated in minutes, but in the number of price changes - in some cases, the transaction can be closed in a second, and in others - within several minutes. It all depends on market volatility.

The essence of the Matches and Differs option is to guess what the last digit of the quote will be at the time the transaction is closed. The trader has a choice - to bet on a specific number or to bet that at the moment of closing, the last number will be any other number except the chosen one.

Payments for a correct forecast vary greatly - it depends on which option the trader has chosen. The payout for the Matches option is several times greater than the payout for the Differs option, since guessing a specific number is many times more difficult than guessing which number will definitely not be the last one at the time the deal is closed.

Even and Odd – tick option on the Deriv platform

Even and Odd are another tick option on the Deriv platform. The essence of the option is very simple - to guess whether the price value at the time the transaction is closed will be even or odd. The payouts are the same everywhere, since there are only two possible trading outcomes.

Over and Under – tick option on the Deriv broker platform

Over and Under – tick option on the Deriv broker platform. The essence of the option is that the client selects a number, and then makes a prediction - whether the last digit of the asset price at closing will be more or less than the specified one. The amount of payment for a correct forecast depends on how low the probability of a profitable forecast is for the trader. If the probability of a profitable forecast is high, then the payout for a correct forecast will be less than usual:

Depositing a trading account and withdrawing funds from the Deriv broker

To replenish and withdraw funds from the Deriv broker, you can use one of several dozen methods, including P2P trading. Each method determines the minimum deposit amount, as well as the minimum withdrawal amount and the processing time for withdrawal requests:

For example, when replenishing a trading account from bank cards, the minimum deposit will be $10, and withdrawal of funds to some cards is not available at all:

Using electronic wallets, in most cases, you can top up your trading balance by at least $5 and receive a payment within one business day. Please note that for different methods there is a maximum limit per deposit:

On the Deriv broker platform, you can fund your trading account using a cryptocurrency transfer:

Such transfers are not credited instantly, but after confirmation of the transaction - usually within a couple of minutes. Withdrawal of funds in cryptocurrency is carried out manually and is subject to additional verification by the broker’s financial department, since such methods are easiest for fraudsters to use.

Official website of the broker Deriv