Online Trading — main features to consider

Online Trading broker (earlier known as BetOnMarkets.com) 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 Binary.com rebrands to Deriv. The rebrand comes with enhanced features and a new range of trade types.

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.

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.

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.

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.

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.

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.

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.

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.