Deriv holds licenses to serve clients from different jurisdictions. This includes approvals from the financial services regulators in Malta, Vanuatu, Labuan, and the British Virgin Islands. You can read more about the regulatory status of Deriv’s entities worldwide here.
On top of that, Deriv is an approved broker member of the Financial Commission. This membership status provides its clients with access to a wide range of services and membership benefits including, but not limited to, protection for up to €20,000 per the submitted complaint.
Trading with a multi-regulated broker like Deriv ensures that customer assets are safe, and will never be co-mingled with its operational funds. The regulatory supervision also keeps customers adequately protected in the unlikely event that the company becomes insolvent.
Those regulatory authorities strictly require registered brokerage firms to meet precise capital ratios and comply with other requirements to reduce the likelihood of insolvency, including risk management, training, accounting, and internal audit.
Deriv offers exposure to various asset classes including FX pairs, stocks and indices, derived indices, commodities, cryptocurrencies, etc. This range is quite unique as it includes mainstream instruments to diversify your portfolio as well as new assets that the retail crowd has shown up en masse in. Needless to say, the actual availability of Deriv’s trading products may vary depending on your jurisdiction.
As advertised on its website, the asset list includes +50 FX pairs to choose from including exotic currencies. (Exotic pairs are not available for clients residing in the EU.)
Deriv is an excellent low spread broker for active traders. Major FX pairs feature competitive spreads with an average of just 0.5 pips, while its impressive selection of exotic pairings also comes with super tight spreads.
Additionally, Deriv’s stock CFDs give traders the ability to trade the world’s most popular companies across top financial markets, including the New York Stock Exchange (NYSE), Nasdaq, and London Stock Exchange (LSE).
Deriv also provides cryptocurrency fans with a wide spectrum of trading/investing tools. The platform allows you to trade CFDs on major cryptocurrencies without the fees or restrictions associated with traditional crypto exchanges.
Deriv offers clients a diverse product catalog in terms of commodities. Specifically, the company offers CFDs on various commodities, including gold, silver, and oil.
Finally, the broker opens up many new opportunities with a unique product called ‘Synthetics,’ which mimic the volatility and movement of real-world financial markets but without being actually affected by real-world events.