Binary – Deriv: Review, Accounts, Synthetics, and Opinions

Forex and binary options are just a few of the financial products available in the market. In the case of Deriv.com, previously known as Binary.com, it is a Broker that offers both products for trading.

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Forex at Deriv Broker

Trading in the foreign exchange market, commonly known as Forex, is an exciting opportunity for investors looking to profit from currency trading. The Deriv Broker offers a comprehensive platform for those interested in participating in the Forex market. Here, we provide essential information about Forex at the Deriv Broker.

• Wide Variety of Currency Pairs: The Deriv Broker offers a wide range of currency pairs to trade. This includes major currency pairs like EUR/USD, GBP/USD, and USD/JPY, as well as less common currency crosses. This diversity gives traders the ability to diversify their strategies and take advantage of various opportunities in the Forex market.
• Trading Platforms: Deriv provides traders with access to its advanced trading platform, which is user-friendly and available in both web and mobile applications. This allows investors to trade Forex from anywhere and at any time.
• Adjustable Leverage: The platform offers flexibility in adjusting leverage according to the trader’s preferences and the level of risk they want to take. This is essential for effectively managing market exposure.
• Educational Resources: For those new to the Forex market, the Deriv Broker offers valuable educational resources, including tutorials, webinars, and market analysis. These resources help traders develop their skills and gain a better understanding of market movements.
• Security and Regulation: Safety is a priority at Deriv. The platform is regulated by the Vanuatu Financial Services Commission (VFSC) and complies with international regulations, providing traders with confidence in the protection of their assets.

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Binary Options at Binary.com – Deriv

Binary.com, now known as Deriv, is a renowned platform in the world of binary options. If you are interested in exploring the exciting world of binary options through Deriv, you will find key information here to understand this investment opportunity.

Deriv offers a wide variety of binary options to meet the needs of different traders. You can find classic binary options, ladder binary options, smart contracts, and more. This diversity allows traders to choose the type of binary option that best suits their strategy and investment style.

With Binary – Deriv, you can achieve returns of up to 85% on successful trades, and there are over 100 financial instruments for trading binary options.

Synthetic Indices at Deriv

Deriv’s synthetic indices are a distinctive feature in the world of online trading. These indices offer a unique way to speculate on the movements of financial markets without owning the underlying assets. Here, we explain in detail what Deriv’s synthetic indices are and how they work.

• What are Deriv’s Synthetic Indices?: Deriv’s synthetic indices are financial derivatives that simulate the performance of traditional stock indices, such as the S&P 500, the Dow Jones Industrial Average, and many others. Unlike traditional indices, you do not own the actual underlying assets when trading synthetic indices.
• Diversity of Options: Deriv offers a wide range of synthetic indices representing different global markets and regions. This provides traders with the opportunity to diversify their investments and take advantage of market movements worldwide.
• 24-Hour Trading: Deriv’s synthetic indices are available for trading 24 hours a day, 7 days a week. This gives traders the flexibility to access global markets at any time, especially valuable for those in different time zones.
• Adjustable Leverage: Deriv allows traders to adjust their leverage level, enabling them to control their risk exposure. This is essential for effective capital management and adapting to different investment strategies.
• Volatility and No Commissions: Synthetic indices can experience exciting volatility, meaning traders can find opportunities in significant market movements. Additionally, Deriv does not charge commissions for trading synthetic indices, which can be an additional attraction for investors.

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Is Deriv Broker Regulated?

This Broker is owned by Binary LTD, a financial services company that has been offering its services since 1999. Binary is regulated and authorized by MiFID (Markets in Financial Instruments Directive) and the Malta Financial Services Authority with license IS/70156.

Given that Binary is an excellent Broker and has the necessary regulations for all its operations, this has allowed it to receive positive reviews and good feedback about its trading platform. It’s worth noting that funds are perfectly safeguarded once deposited on their website for trading in the foreign exchange market. In short, this is one of the best Brokers to choose for starting to invest in binary options.

What Types of Accounts Does Deriv Broker Offer?

This Broker is known for offering a wide variety of accounts for trading, which are divided into accounts for Forex, Binary Options, and Synthetic Indices. Among them, we have:

For Binary Options:

• USD Dollar: An account for trading binary options on the Deriv web platform, requiring a minimum deposit of 10 USD.
• Bitcoin: This account uses a Bitcoin base balance for binary options trading.
• Litecoin: This account uses a Litecoin base balance for binary options trading.
• USD Coin: This account uses a USDC base balance for binary options trading.
• Tether ERC20: This account uses a USDT base balance for binary options trading.

Accounts for Forex, Stocks, Indices, Cryptocurrencies:

• Deriv.
• Financial.
• Swap-Free Account.

Accounts for Synthetic Indices

• Deriv X.

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Platforms Offered by Deriv Broker

This Broker offers various platforms that cater to the needs of each investor, and all of them are suitable for trading the different investment products offered by this Broker. Additionally, they are well-known among the global trader community. These platforms include:

SmartTrader

This is the traditional platform that Binary used for binary options trading, but its execution is now done through the Deriv website.

Deriv Trader

This is the most popular web platform offered by the Broker for binary options trading. It has an advanced interface for trading and is very intuitive.

MetaTrader 5

MT5 is the most popular of all the platforms since it is used for Forex trading with CFDs and also for synthetic indices.

BinaryBot

This platform is the only one that remains from the days when it was still called Binary. It has not been eliminated because many people continue to use it, as they have binary options trading robots that only work through this platform and not through DerivBot.

DerivBot

This is the new platform exclusively for trading bots, similar to BinaryBot, but with the difference that it is more intuitive, faster, and designed to be used with robots programmed with more up-to-date codes.

Deriv Go

This platform is for mobile phones and is only used for trading binary options.

What Types of Contracts Does This Broker Offer for Binary Options Trading?

This Broker offers five types of contracts for trading on its platform, including:

1. Up/Down.
2. Touch/No Touch.
3. In/Out.
4. Asians.
5. Digits.

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What Are the Payment Methods for Deposits and Withdrawals at Binary Broker?

In order to attract as many traders as possible, the Binary Broker offers various methods for deposits and withdrawals. This allows them to acquire more clients for trading on their platform by offering different ways to deposit and withdraw funds. These payment methods include:

• International bank transfers in USD, GBP, EUR, and AUD, with a minimum deposit of 500 monetary units and a maximum of 100,000.
• Credit card or debit card deposits in USD, GBP, EUR, and AUD, with a minimum deposit of 10 monetary units and a maximum of 10,000.
• Payment processors where the minimum deposit is 5 monetary units and the maximum is 10,000. These processors include OkPay, fastpay, Perfect Money, Skrill, Neteller, Webmoney, PaysafeCard, and QIWI.
• Cryptocurrency deposits are also accepted for binary options trading. However, as cryptocurrencies are highly volatile and their prices have been on the rise for the most part in recent months, you should verify with the Broker the minimum and maximum deposit amounts. Cryptocurrencies available for deposits include Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.