✔️ Information reviewed and updated in December 2023 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:
|🏠 Company*||Deriv Investments (Europe) Limited, Deriv (FX) Ltd, Deriv (BVI) Ltd, Deriv (V) Ltd, Champion Group Ltd and Deriv (SVG) LLC|
|️ Regulation||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|
|📌 Address||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.
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?
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.
Regulation: 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. 🚨🚨
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.|
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.
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.