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Deriv

Malaysia Malaysia
Forex, CFDs & synthetics/options · since 1999
MFSALabuanBVIVFSCwhat are these? →
3.6
/ 5 ★
RegulationMFSA, Labuan, BVI, VFSC
Min. deposit$5
Leverage1:1 – 1:1000
PlatformsDeriv MT5, cTrader, propia
InstrumentsForex, CFDs & synthetics/options
Founded1999
🏛️ Which entity will open your account?
📍 Pick your country above and we'll tell you exactly which entity opens your account at Deriv.
How is this decided and how do I verify it? →

Regulation by region

The entity you sign with — and your protection — changes depending on where you live.

United Kingdom
Temporary permission only (TPR), no FSCSMarket maker
Deriv Investments (Europe) Ltd under FCA Temporary Permissions Regime — no clear FSCS coverage for offshore entities
European Union
MFSA regulated with compensationMarket maker
Deriv Investments (Europe) Ltd (C 70156) — ICF up to €20,000
United States
Doesn't serve US clientsMarket maker
No NFA/CFTC registration
Australia
Not served, no ASIC licenseMarket maker
Australian clients not onboarded
Rest of the world
Offshore (Vanuatu/BVI/Labuan/Cayman/Mauritius/SVG)Market maker
Deriv (V/BVI/FX) Ltd — only The Financial Commission private fund €20,000, no state scheme

All licenses

Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).

MaltaMFSARegulatedMarket makerC 70156
United Arab EmiratesSCARegulatedMarket maker
Malaysia (Labuan)Labuan FSAOffshoreMarket makerMB/18/0024
British Virgin IslandsBVI FSCOffshoreMarket makerSIBA/L/18/1114
VanuatuVFSCOffshoreMarket maker14556
Cayman IslandsCIMAOffshoreMarket maker406695
MauritiusFSCOffshoreMarket maker209524
St. Vincent & the GrenadinesSVG FSANo licenseMarket maker273 LLC 2020

Account types

StandardMT5 account; all instruments incl. synthetic indices, spreads from ~0.1 pip
FinancialForex/stocks/indices/commodities/crypto CFDs, from ~0.2 pip
Swap-Freeno overnight swaps (Islamic)
Zero Spread0 pip on many instruments, commission-based

Pros

✓Transparent operation
✓Good reputation

Cons

✗Outside your region, offshore entity
✗Very high leverage (more risk)

Breakdown by axis

The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.

Regulation: Tier-1 + offshore14/22 pts
Why: MFSA Malta IS/70156 (EU only) + Labuan + BVI + Vanuatu + Mauritius. No FCA or ASIC; the bulk of global retail via Deriv SVG (unregulated) or offshore
Withdrawals / payments: Isolated complaints10/20 pts
Why: mixed: KYC/AML holds on withdrawal and conversion fees; ~51 WikiFX complaints; no regulatory payment order
Fund safety: Segregated (no compensation)8/15 pts
Why: segregated; ICF Malta EUR20k for EU only; offshore entities no compensation
Transparency: Clear10/10 pts
Why: no regulatory actions (only a clone warning that protects it); transparent about being the counterparty
Reputation: Strong10/10 pts
Why: founded 1999 (ex Binary.com, rebranded 2020); Trustpilot ~4.3 (~70k reviews)
Costs: Average4/8 pts
Why: EURUSD ~1.4 pip Standard; Zero Spread account + commission; min $5

Sources

Don't take our word for it — check it yourself. These are the official registries and legal pages we relied on.

🔗 Deriv — regulation (all entities)🔗 VFSC — list of licensees (Deriv (V) Ltd, 14556)🔗 FCA registration — Deriv Investments (Europe) Ltd

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