Online Trading — main features to consider

The comparison of key features and benefits of Deriv platform.
Posted on 12 August 2023
10 min read
Content on this page is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.

Many beginning traders are looking for online brokers that would be suitable to start trading from scratch. First of all, novices are trying to choose the broker that does not require a large amount of deposit to get started. But there are other important parameters of a broker such as reliability, trading conditions, payment options and many more. It is obvious that users do not have time to learn all details about brokers and financial markets. And this article will help you learn more about innovative and progressive online trading broker  – Deriv.

About Broker

Online Trading broker (earlier known as started its operations in the Online Trading market in 1999. Currently, it is one of the leading companies in this segment. Over the years, Deriv has released a large number of trading tools that are aimed to reduce trading risks. This approach allowed Online Trading app to attract over a million active users. In 2013 rebrands to Deriv. The rebrand comes with enhanced features and a new range of trade types.
Deriv ( website homepage
Deriv ( homepage

Registration Process

Opening an account with Deriv is very easy. Just insert your email and get started. Alternatively, you can use your Google or Facebook account to register. But to trade real money, traders should submit more information. You will need to complete the form before you are able to deposit and withdraw money. Deriv is a regulated company and as a result, they must verify your identity. Just upload your ID document to get started. There are no fees for opening an account.

Trading Conditions

Minimum deposit
Minimum deal
Compensation of wrong forecasts
Up to 10%
Trading instruments
Binary Options, Forex, Crypto, CFD
Trade profitability
From 80% to 100%
Knowledge Base
Demo account

Accounts Types

The Deriv online review says there are two types of trading accounts: standard trading and virtual.
If you are confident enough to start trading in real time, you can open a standard trading account. Unlike most online trading brokers that require a high minimum deposit to open a live trading account, Deriv asks a minimum deposit of just $5, which is perfect to gain trading experience. This process is simple and hassle-free. If you've already signed up for a demo account, the process of converting it to a standard account requires just a single click. account types
Deriv ( account types

Demo Account

A tangible advantage of Deriv broker is a demo account. Deriv trading reviews state it is identical to a real account, and you will find the same assets, types of options contracts and other instruments here. $10,000 is credited to the virtual account, enabling each trader to conduct their own test of the platform, identify its advantages and disadvantages, get used to it, test their own trading strategy and hone trading skills. To activate a demo account, you do not need to replenish a deposit. You just need to choose an account type during the registration. demo account interface
Deriv virtual account


Deriv broker has launched two similar trading advanced platforms. Deriv company review says the differences between them are really minor. WebTrader allows users to add and rearrange elements: charts, control panels, trade history.

  • SmartTrader is a more adaptive terminal. There is a possibility of multi-window mode. More than 130 tools are integrated, as well as a basic set of technical and graphical indicators for browser platforms.
  • Web Trader is a classic online platform. It has a large number of trading tools with internal charts of the company.


Deriv company has a good reputation on the market and does not need to offer clients special motivating bonuses and tempting offers like other brokers. The minimum deposit of only $ 5 attracts a lot of new users to the platform, who are always looking for opportunities for affordable trading. However, Deriv does run promotions for traders, albeit less frequently than its competitors. New traders receive a welcome bonus: from 10 to 100% (depending on the amount of funds on the account). All earnings from the bonus can be withdrawn from the system in a convenient way.

Affiliate Program

For active traders, the Deriv broker offers an additional earning option. Thus, users can take part in the affiliate program. In total, there are two types of programs:

  • Partner. Program participants receive up to 45% of the referral commission. Funds are credited after the 15th day of each month.
  • Introducing Broker. Users get the opportunity to earn commissions from the trading activities of referrals that were attracted to the MetaTrader 5 platform. The amount of commission depends on the asset and is calculated using a special formula.

Mobile App

Deriv offers its users to trade via mobile devices. Its platforms are available for smartphones. You can download Metatrader 5 as an app or use the Tick app to trade. The advantage is that you need only one account to trade with your computer and use the application at the same time. A mobile application allows the broker to enlarge its audience considerably as the number of smartphone owners is steadily growing. With online trading, you can check your trading positions at any time, react to economic news within seconds and trade the markets.
MetaTrader 5 mobile app can be used to trade on Deriv

Deposit and Withdrawal Options

On the Deriv, you can manage all financial operations through bank transfers, credit cards and 12 different electronic wallets. Depending on the method of money deposit or withdrawal, the transaction will be completed within 5 business days. The minimum withdrawal amount is $5, and the maximum is $100,000 by bank transfer.


Deriv does not leave new traders on their own. The website includes a training section. It helps beginners understand the nuances of the binary industry. Deriv trading reviews show a special attention is devoted to the principles of price fluctuations and methods of its analysis. In general, the information contained here will be useful not only for beginners but also for advanced traders who want to refresh their knowledge.

Periodically, the company conducts training and introductory webinars, which anyone can attend free of charge. You may find the link to these materials is at the bottom of the main page.

Customer Support

According to Deriv company review, the platform offers to solve all difficulties that may arise while online trading via its technical staff. There are many ways in which communication can be provided:

  • Urgent problems can be discussed via Live Chat;
  • You can make a phone call or order a call back;
  • Questions that do not require the prompt intervention of technical specialists can be clarified by sending an email through a special form. You will find it in the "Contacts" section of the official site.

Wrapping Up

Trading platforms are known for high-quality execution, a variety of assets, speed and availability of the tools a trader needs. Deriv brokers are a reasonable option for both beginners and experienced traders. A full demo account allows you to hone your trader's skills, and online support is always ready to help its clients. Choosing this broker, you can be sure that you are working with a reliable partner with a reputation as a professional company.
The website includes unique analytical tools.

Minimum deposit is 5 dollars (via e-wallets).

You can start to invest with only 1 dollar.

A variety of types of binary contracts, which provides the trader with almost unlimited opportunities to implement trading ideas.

The ability to automate the trading process using the unique Binary trading Bot service.

The broker's activities are controlled by several regulators, which is confirmed by the relevant licenses.

An informative official site that, among other things, provides quality educational materials for novice traders.
Min deposit and withdrawal via bank transfer is 500 USD!

No PayPal


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
87% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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