Deriv Review
Beginner-friendly broker with a $5 minimum, multiple platforms and synthetic indices that trade 24/7.
Regulation
MFSA, Labuan FSA, VFSC, BVI FSC
Min Deposit
$5
Spread From
From 0.0 pips (Raw)
Max Leverage
1:1000
Platforms
MT5, cTrader, Deriv Trader
Pros
- $5 minimum deposit — great for starting small
- Synthetic indices that trade weekends and 24/7
- MT5, cTrader and the easy Deriv Trader platform
- No deposit or withdrawal fees
- Negative balance protection
Cons
- Mainly offshore regulation (Tier-2)
- Synthetic products can be high risk for beginners
Overview
Deriv is one of the most accessible brokers for new traders, with a minimum deposit of just $5 and a choice of MT5, cTrader and its own beginner-friendly Deriv Trader platform.
It is best known for synthetic indices instruments that trade 24/7, including weekends.
Who it suits
Great for beginners and small accounts, and for traders who want to practise on synthetics outside normal market hours.
Always trade with money you can afford to lose.
Ready to trade with Deriv?
Open AccountDisclosure: links to Deriv may be affiliate links; Mamboforex may earn a commission at no extra cost to you. This review is our independent opinion. Trading carries risk of loss.