✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company Deriv is a safe company or an untrustworthy company. Read our full analysis to find out everything!
We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...
Below we will show you essential information about Deriv and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | derivative.com |
| 🏠 Company* | Deriv Investments (Europe) Limited, Deriv (FX) Ltd, Deriv (BVI) Ltd, Deriv (V) Ltd, Champion Group Ltd and Deriv (SVG) LLC |
| ️ Regulatory | FSA of Malta, FSA of Malaysia, FSC of the British Virgin Islands and VFSC of Vanuatu |
| [email protected] | [email protected] | |
| 📈 Leading | DTrader, DBot platform and MT5 platform |
| 📌 Direction | Malta, Malaysia, British Virgin Islands, Vanuatu, and Saint Vincent and the Grenadines |
| 🕑 Website age | Website registered on: August 14, 1996 |
| ❓ Company type | Cryptocurrency, CFDs, Forex and Commodities Broker |
Company: Deriv is owned by Deriv Investments (Europe) Limited, Deriv (FX) Ltd, Deriv (BVI) Ltd, Deriv (V) Ltd, Champion Group Ltd and Deriv (SVG) LLC.
Location: Deriv has offices located in Malaysia, British Virgin Islands, Vanuatu and Saint Vincent and the Grenadines, locations totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company.
We can already tell you that we are concerned about several characteristics of this company.
What is Deriv?
After having carried out an analysis of the company's website, we can say that Deriv is a: cryptocurrency, cfds, forex and commodities broker.
Account types
The company does not provide information about having different types of accounts.
Information on the web
Here we show you a screenshot of the Deriv website, which is deriv.com. The capture was made in November of 2023.
Contact: phone numbers and email
After having performed an analysis of the website:
This company does not provide any contact details; No email or phone number. What does this mean? That a company does not provide contact information is a very bad sign. Imagine that you have a problem or complaint and you have no way to contact them. It sounds really bad, doesn't it?
Deriv Regulation
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
This company mentions being regulated in Malta, this location is used since the regulation of this type of country is practically non-existent. It is almost the same as working with an unregulated broker. That is, if you work with a broker with this type of regulation, unfortunately you are 100% unprotected. Therefore, at the regulatory level, unfortunately Deriv is a completely dangerous and very unsafe broker.
🚫 Deriv final assessment 🚫
As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Deriv and we have reached the following conclusions about this company:
Location: They mention being located in a VERY UNSAFE location.
Regulatory: They mention being regulated by a very unserious and, above all, unsafe regulator, such as Malta. There is a clear lack of security at the regulatory level.
Deriv, a broker covering forex, cryptocurrencies and commodities, raises significant concerns in terms of security and regulation. Its location in Malta, considered very unsafe for this type of service, raises questions about the protection of users. Furthermore, regulation by a non-serious and safe entity in Malta adds uncertainty to the reliability of the platform.
Caution is advised when considering Deriv as an investment option.
🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨
Updates
News about Deriv:
| Date | Update – news |
|---|---|
| March 2022 | We receive a large number of messages from BKCOIN clients who claim that they cannot withdraw their capital. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Deriv.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Deriv
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Deriv
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
Are there (recommended) alternatives to Deriv?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report Deriv?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Deriv reliable?
No. Deriv is not reliable, it is a very unsafe company: 1) It has bases in tax havens 2) Its regulation is one of the worst that exists
How to recover money from Deriv?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
FRAUDULENT
all these thieves
They igot $1,140 in 2 weeks this deriv broker restricted my acct and the worst thing is; they manipulated my robot
Where type I trade they change the codes of my robot to be too slow.
Some things the site will not accept the robot with my account but if I use another account it will accept.
I had to reload the bot when even I wanted to use it but to not use it until my money was gone
Hello Nengi, if you have paid with skrill, back the payment and return your money, say that you were scammed. They are not going to give you anything back, they always lie, they say they have regulations in certain countries and it is not true, their regulations are invented, they are scammers, they manipulate the markets at will from the platform. Thanks for sharing your experience with Deriv, this broker is a SCAM.
Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Hello, to deposit my money everything is fine and fast but now that I want to withdraw they ask me for an account in airtm or skrill, they give me pure problems. It seems that they do not want me to withdraw my money, I feel cheated. And deriv support only gives you problems, never solutions.
Hello Jaime, if you have paid with skrill, back the payment and return your money, say that you were scammed. They are not going to give you anything back, they always lie, they say they have regulations in certain countries and it is not true, their regulations are invented, they are scammers, they manipulate the markets at will from the platform. Thanks for sharing your experience with Deriv, this broker is a SCAM.
Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
ATENCAO NAO DEPOSIT HERE
I opened an account here and cadastrei as an IB agent, I had a client who gave up doing trade because they began to manipulate the market with slippage and would not pay the total commissions. After claiming, they say that there is nothing to receive and that more customers should enter. Entering the minha counts a stubborn amount of the commissions, and how much I try to withdraw will block the minha counts to verify when the account was verified. Bet try to verify that it appears that nothing is possible. Incrivel or level in this company of farce, I do not recommend to deposit in it !!!
Hello TelmaG, if you have paid with skrill, back the payment and return your money, say that you were scammed. They are not going to give you anything back, they always lie, they say they have regulations in certain countries and it is not true, their regulations are invented, they are scammers, they manipulate the markets at will from the platform. Thanks for sharing your experience with Deriv, this broker is a SCAM.
Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
I don't trust Deriv. I've been waiting for a week for my account to be reactivated... to deposit, they don't have a problem... but to withdraw, they tell me that my account is not fully verified... and regulated in Malta? It's not reliable for me... I'm still waiting to be able to withdraw my money.
Hello Juan David, they are not going to return anything to you, they always lie, they say they have regulations in certain countries and it is not true, their regulations are invented, they are scammers, they manipulate the markets at will from the platform. Thanks for sharing your experience with Deriv, this broker is a SCAM.
Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Hello, so far I cannot withdraw, I am not saying that they are a scam but it does seem that they do not want one to withdraw. How can it be that I've been trying to withdraw for more than 3 weeks and they won't let me?
The support really takes 0, they are very rude and bad treatment towards the clients. Honestly, so far the experience has been very bad, and it's almost a scam because I still can't get my money back. Until I get it back I will say that it is almost a scam.
When I manage to withdraw I will comment again but for now I can't. If any other customer knows how to withdraw please write me. Thanks.
Hello Yanet, no one can withdraw because it is a scam and the scam consists of keeping your money, file a complaint with the police or try to withdraw your money in another way.
Greetings.
chantas.. give me back the money, this is a scam
It won't let me withdraw the money and I've already spoken a thousand times with support, they tell me one thing, they tell me another, nothing works, I entered a visa card to withdraw the money and it turns out that I can only withdraw what I deposited, and what earnings do I have? The almost 300 dollars that I have they won't let me take them out. All of you are stealing them, you are a bunch of blackmailers, you are stealing my money!
Hello Gonzalo, they are not going to return anything to you, they always lie, they say they have regulations in certain countries and it is not true, their regulations are invented, they are scammers, they manipulate the markets at will from the platform. Thanks for sharing your experience with Deriv, this broker is a SCAM.
Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
My broker is deriv and I have been wanting to withdraw the earnings for a month and the deposit does not fall, I wrote to their chat and they tell me that they will resolve in 24 hours. But that's how they bring me all month.
Hello Isayd, they are not going to give you anything back, they always lie, they say they have regulations in certain countries and it is not true, their regulations are invented, they are scammers, they manipulate the markets at will from the platform. Thanks for sharing your experience with Deriv, this broker is a SCAM.
Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Good evening, I appreciate information about the Broker Deriv.
If it's legit.
It is validated and authorized.
Is it regulated to operate as a broker?
Some relatives have used it and have made profits and have managed to withdraw money via digital wallet.
Hello Steward, they say they have regulations in certain countries and it is not true, their regulations are a dead letter, they are scammers, they manipulate the markets at will from the platform. Thank you for sharing your experience with Deriv.
This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the one at the beginning nor if you send them later you will not see it anymore, try to claim through our chat.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Good evening, I appreciate information about the Broker Deriv .com (former Binary .com)
I have been testing the demo for a month and I am about to decide to invest, but I want real information about the broker, if it is safe and legal.
Hello Steward, they say they have regulations in certain countries and it is not true, their regulations are a dead letter, they are scammers, they manipulate the markets at will from the platform. Thank you for sharing your experience with Deriv.
This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the one at the beginning nor if you send them later you will not see it anymore, try to claim through our chat.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Incredible… in a telegram group they recommend this broker… happily that I started to investigate
Hi edward, we're glad you did, you save yourself from losing a lot of money.
Greetings.