Deriv Account Types offers clients a choice between four live account types, namely a Standard Account, a Zero Spread account, a Swap Free account, and a Financial account. It also offers the option to open a demo account.
Min Deposit
USD 5
Regulators
MFSA, LFSA, VFSC, BVIFSC
Trading Platform
Binary.com’s SmartTrader system,
DMT5, DTrader, DBot
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Deriv Account Types Revealed – A Key 10-Point Quick Overview
Deriv At a Glance
| 🔎Broker | 🥇Deriv |
| Company Information | |
| 📅Year Founded | 1999 |
| 👨🏻💼Current CEO | Jean-Yves Sireau |
| 👨🏻💻Founder/s | Jean-Yves Sireau |
| 👫Amount of staff | 1400+ |
| 👥Amount of active traders | 2.5 Mil |
| ❌Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority (Labuan FSA), the Vanuatu Financial Services Commission (VFSC), and the British Virgin Islands Financial Services Commission. |
| 🌍Country of regulation | British Virgin Islands |
| 🔒Account Segregation | Yes |
| 🚫Negative balance protection | Yes |
| 🔑Two-step Authentication | Yes |
| 🚫Investor Protection Schemes | Yes |
| Account Types and Features | |
| 🏢Institutional Accounts | Yes |
| 💼Managed Accounts | Yes |
| 💱Minor account currencies | EURGBP, EURCHF, EURJPY, EURCAD, NOKSEK, SEKDKK, DKKNOK, AUDNZD, NZDUSD, GBPJPY, CADJPY, CHFJPY. |
| 💰Minimum Deposit | USD 5 / R87,84 ZAR |
| Trading Conditions | |
| ⏳Average deposit/withdrawal processing time | 24 hrs |
| 💰Fund Withdrawal Fee | Varies |
| 📈Spreads from | Varies by instrument |
| 💳Commissions | Varies by instrument |
| 💱Number of base currencies supported | Multiple |
| 🔄Swap Fees | Applicable |
| 📈Leverage | Varies by instrument |
| 💸Margin requirements | Varies by instrument |
| 🕌Islamic account (swap-free) | Yes |
| 🧪Demo Account | Yes |
| 🚀Order Execution Time | Fast |
| 🖥️VPS Hosting | Available |
| Trading Instruments | |
| 📊CFDs-Total Offered | Wide range |
| 📈CFD Stock Indices | Multiple |
| 🌾CFD Commodities | Multiple |
| 🏢CFD Shares | Multiple |
| 👀Watch list | Yes |
| 🔔Trade Alerts | Yes |
| 📈Trading Stocks with GP | Yes |
| 📊Trading Indices with GP | Yes |
| 🔄Swap on trading board | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/debit cards, bank transfers, e-wallets |
| 💼Withdrawal Options | Credit/debit cards, bank transfers, e-wallets |
| 🎉Welcome Bonus | Varies |
| Trading Platforms and Tools | |
| 💻Trading Platforms | Deriv Platform, MetaTrader 4 (MT4) |
| 🛑Stop-loss Instrument | Yes |
| 🚫Investor Protection Schemes | Not applicable |
| 💻OS Compatibility | Web-based, Windows, macOS |
| 📊Forex trading tools | Charting tools, indicators, analysis tools |
| Customer Support | |
| 💬Live chat availability | Yes |
| 📧Customer Support Email address | [email address removed] |
| 📞Customer Support Contact Number | Varies by region |
| 🌐Languages supported on Dukascopy Website | Multiple |
| Educational Resources and Support | |
| 🎓Beginners Trader friendly UX | Yes |
| 📚Forex course | Yes |
| 🎥Webinars | Yes |
| 📖Educational Resources | Articles, tutorials, videos |
| Partnerships and Programs | |
| 🤝Affiliate program? | Yes |
| 👥Amount of partners | Not publicly disclosed |
| 🤝IB Program | Yes |
| 🏆 Do they sponsor any notable events or teams? | Not publicly disclosed |
| 💰Rebate program | Yes |
| 💬Community Forum | Yes |
| 📱Social media Platforms | Facebook, Twitter, YouTube, LinkedIn, Instagram |
| 🌐Official Website address | deriv.com |
| South Africa Specific | |
| Accept South Africa Traders? | Yes |
| Is Deriv regulated by the South Africa regulatory body (FSCA)? | No |
| Does Deriv offer an Affiliate Program for South African Traders? | Yes |
| Does Deriv allow accounts to be opened in ZAR / Rands? | Yes |
| 👉 Open Account | Open Account |
Overview
Deriv was originally founded in 1999 as Binary.com by the Binary Group and is a valued name in the binary options trading business. Its headquarters is in Birkirkara, Malta, and has various other offices outside of the EU. In 2013 Binary.com rebranded to Deriv. This rebranding came with enhanced features, a new range of trade types, a variety of charting applications, and more developed and advanced trading platforms.
The founding company of Deriv is Regent Markets Group, whose primary mission was to make online trading more accessible to the masses. The Group has evolved and rebranded and offers binary options and it was first purchased in 2000 when Regent Markets had opened its first office in Malta.
Deriv offers trading in forex, commodities, stocks, and synthetic indices through a choice of three trading platforms, namely DTrader, DBot, and DMT5. Leverage can go as high as 1: 1000. Customers from the United States, Canada, Hong Kong, Israel, France, Jersey, Malaysia, Malta, Paraguay, United Arab Emirates are not accepted as clients at Deriv.
Deriv Account Types
Deriv offers clients a choice between four live account types, namely a Standard Account, a Zero Spread account, a Swap Free account, and a Financial account. It also offers the option to open a demo account.
| 🔎Account Types | Standard Account (MT5) | Zero Spread Account (MT5) | Swap Free Account (MT5) | Financial |
| 💳 Account Currency | USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKD | USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKD | USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKD | USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKD |
| 📊 Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| 📉 Order execution | Market execution | Market execution | Market execution | Market execution |
| 📉 Spreads | From 1 pip | 0 pips | From 1 pip | From 1 pip |
| 👉Open Account | 👉Open Account | 👉Open Account | 👉Open Account | 👉Open Account |
Traders will find that through these live accounts, Deriv offers competitive trading conditions along with comprehensive solutions and services.
Deriv Account Features
Standard Account
Zero Spread Account
The Deriv Zero Spread account offers traders the opportunity to trade with ultra-tight spreads, starting from 0 pips. This can significantly reduce trading costs and potentially increase profitability. However, it’s important to note that other factors like commissions and funding costs should also be considered when evaluating the overall cost of trading.
Swap Free Account (Islamic Account)
Deriv’s Swap Free account is designed for traders who follow Islamic law and wish to avoid paying interest. This account type offers the same trading conditions as other Deriv accounts, but without overnight swap fees. It’s a popular choice among traders who adhere to Islamic financial principles.
Financial Account
The Deriv Financial Account is designed for professional traders who require advanced trading tools and features. It offers a wide range of financial instruments, competitive spreads, and flexible leverage options. This account type is ideal for those seeking a sophisticated trading environment.
Mobile Use of Deriv
Deriv has a proficient and very intuitive mobile platform, available either through iOS or Android, for traders willing to access their accounts and trade on-site.
A mobile app provides real-time market data, and advanced charting capability, and defines custom trade alerts for user convenience for beginner and veteran traders alike.
This allows traders to choose among order types available limit, market to stop orders with speed and reliable execution.
With security as the utmost priority, authenticating by two-factor signatures (2FA) and biometrics, like fingerprints and facial recognition, assures somebody of a safe trading experience.
The mobile platform covers account management features in their entirety, where users can check account balances and trade history, as well as open positions.
It also brings advanced technical analysis tools, such as multiple time frames, indicators, and self-drawing tools, right at your fingertips.
Set and change all risk management settings such as stop-loss, take-profit, and trailing stops-in practice with optimum low latency for fast order execution.
And, through the app, deposits and withdrawals are easy and accessible, as it has a range of accepted payment options for seamless transactions.
Customized is yet another of the app’s outstanding features, meaning a trader can have personalized dashboards, select preferred chart types, and set notifications.
For aspiring traders, educational resources on their mobile platform, such as tutorials, guides, and market insights, will ensure that they are continuously learning and improving.
The entire trading experience is well captured on the application for both novice and professional traders, making it easy to access and manage trades, keep abreast with market developments, and make informed decisions, wherever you happen to be.
| 📍Heading | 🔖Information |
| 🌐 Mobile App Overview | Available for both iOS and Android, offering a seamless trading experience on the go. |
| 🏆 Mobile App Features | Includes real-time market data, charting tools, and customizable trade alerts. |
| 📈 Charting Tools on Mobile | Advanced charting tools with multiple timeframes, indicators, and drawing tools. |
| 🔔 Trade Alerts & Notifications | Set custom alerts for price changes,account balance, and trade execution. |
| 🚀 Fast Execution on Mobile | Fast and reliable order execution even on mobile, ensuring timely trades. |
| 💡 Mobile User Interface | User-friendly mobile interface, optimized for both beginner and advanced traders. |
| 🛠️ Customization Options | Fully customizable with flexible settings for chart types, indicators, and alerts. |
| 🔒 Mobile Security Features | Two-factor authentication (2FA), secure login with biometric options (fingerprint, Face ID). |
| 💬 Mobile Live Chat Support | Access to live chat support directly from the app for quick customer assistance. |
| 📊 Account Management on Mobile | View account balances, trade history, and adjust personal settings directly. |
| 🧑🏫 Mobile Educational Resources | Access to a range of educational materials like tutorials, articles, and video guides directly on the app. |
| 🛠️ Technical Analysis on Mobile | Full suite of tools for technical analysis, including trend lines, Fibonacci, and oscillators. |
| 📲 Mobile Account Setup | Easy account creation process directly on the app. |
| 📅 Mobile Economic Calendar | In-app access to an economic calendar to stay updated with global market events. |
| 🧮 Mobile Trading Calculators | Built-in trading calculators for margin, pips, and position size directly in the app. |
| 🛡️ Mobile Risk Management | Mobile version of stop-loss, take-profit, and trailing stop orders for risk control. |
| 🏦 Deposit & Withdrawal on Mobile | Ability to deposit and withdraw funds easily via mobile-friendly payment methods. |
| 🧳 Withdrawal Process on Mobile | Fast and secure withdrawal process through mobile app, supporting multiple methods. |
| 🌍 Cross-device Syncing | Seamless transition between mobile app and desktop platform, with synced trades and settings. |
| ⚡ Low Latency on Mobile | Ensures low latency for fast order execution, even on mobile devices. |
| 🌟 Customizable Mobile Dashboard | Personalize your trading dashboard to monitor preferred assets, balances, and positions. |
| 🧑💻 Advanced Order Types on Mobile | Support for limit orders, market orders, and stop orders directly from the app. |
| 🔒 Secure Login Options | Login via fingerprint, Face ID, or secure password authentication. |
| 🛠️ Mobile Settings & Preferences | Set up customized trading preferences, chart settings, and notifications. |
| 🌎 Global Market Access | Trade a variety of markets worldwide directly from your mobile device. |
| ⏱️ Mobile Timeframes | Access different timeframes on charts (1 minute to monthly) for accurate analysis. |
| 🧮 Trading Account Overview | View equity, margin, free margin, and floating profits/losses on the mobile app. |
| 🧳 Mobile Withdrawals History | Track and review your withdrawals directly from the mobile app. |
| 🏠 Real-time Account Activity | Monitor real-time trades and account activity from anywhere. |
| 🌙 Night Mode Option | Switch to night mode for a more comfortable trading experience in low-light environments. |
| 🔄 Mobile Updates | Regular app updates to improve functionality and add new features. |
| 🗣️ Multi-language Support on Mobile | Deriv's mobile app supports multiple languages including English, Arabic, and Spanish. |
| 📡 Real-time Market Feeds | Stay updated with live market prices and fluctuations directly from the app. |
| 💳 Mobile Payment Integration | Pay via multiple integrated mobile payment systems, including credit cards and e-wallets. |
| 🛠️ User Customization on Mobile | Fully customizable layout, indicators, and alerts on the mobile platform. |
| 👉 Open Account | Open Account |
Min Deposit
USD 5
Regulators
MFSA, LFSA, VFSC, BVIFSC
Trading Platform
Binary.com’s SmartTrader system,
DMT5, DTrader, DBot
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
How to open a Deriv account – Step by-step
To register for and set up a live account with Deriv, traders can follow these steps:
Step 1: Navigate to the Deriv trading website
Navigate to the Derive MT5 trading platform website and select the link ‘Create ‘live account’ tab to have full options for the Deriv live trading accounts.
Step 2: Register your email address
Click on the bottom middle of your page on Create account.
Step 3: Read the Terms and Conditions
Agree to the terms and conditions and set the password for the Deriv.com real account.
Step 4: Start Trading
Fund the account and start trading. You can fund the Deriv live account by transferring funds from your main account via the ”Cashier” option.
Demo Account
Deriv offers traders the option of opening a Demo Account which can be utilized in many ways, With Deriv signing up for a demo account is easy and hassle-free and can be done within a few minutes directly from the homepage of the broker.
It is a free account and there is no limit to the virtual amount available to practice trading. The demo account has the same features as the live account type and gives traders the opportunity to practice trading without any risk involved.
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Customer Reviews
🥇Excellent
“As a seasoned trader, the Deriv Zero Spread account has been a game-changer. The higher leverage and lower spreads allow me to maximize my profits. The exclusive trading tools and personalized support are invaluable.” Reviewed: Peter
🥈Good
“The Standard account is a great starting point for new traders. The low minimum deposit makes it accessible, and the platform is user-friendly. While I’ve since upgraded to the Premium account, the Standard account served me well.” Reviewed: Samantha
🥉Service
“I recently had a great experience with Deriv’s customer support. I had a question about their trading platform and reached out to their live chat. The agent I spoke to was incredibly helpful and knowledgeable. They patiently explained the feature I was inquiring about and even provided me with some additional resources to learn more. I was impressed by their professionalism and efficiency. Highly recommended!” Reviewed: Hennie
Pros and Cons
| ✅ Pros | ❌ Cons |
| With as little as $5, traders can start trading, making it accessible to beginners. | Deriv offers fewer educational materials compared to some other brokers. |
| Deriv offers a variety of assets, including Forex, commodities, synthetic indices, and cryptocurrencies. | Some users report occasional delays in processing withdrawals. |
| Traders can take advantage of leverage up to 1:1000, allowing for higher potential returns. | While support is helpful, it could be more responsive, especially during peak times. |
| Users have access to DTrader, Deriv MT5, and Deriv X, giving flexibility in trading preferences. | The mobile trading app could be faster and more streamlined for better usability. |
Conclusion
Deriv trades in various jurisdictions and is authorized by a number of regulatory bodies that keep a strict watch over its trading activities. In the EU, Deriv is regulated by the Malta Financial Services Authority (MFSA). For traders outside of the EU, the broker is licensed by the Labuan Financial Services Authority (LFSA), Vanuatu Financial Services Commission (VFSC), and the British Virgin Islands Financial Services Commission (BVIFSA). Under the watchful eye of these financial bodies, Deriv is not allowed to make use of the client’s funds for its own activities but must keep it in segregated accounts which are only available to its clients. Client funds are also protected in the unlikely event that the broker becomes insolvent.
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Frequently Asked Questions
Can traders from South Africa open a Deriv trading account?
Yes, Deriv is a well-regulated broker open to traders globally.
How many instruments can I trade with Deriv?
You can trade several different instruments with Deriv, which include the following:
- Forex – Close to 50 FX currency pairs, including majors, minors, and exotics
- Stock indices – Speculate on price movements across the largest US, Asian, and European stock indices
- Synthetic indices – Based on a secure random generator, synthetic indices replicate real-world market conditions and are available 24/7 delivering consistent volatility
- Commodities – Precious metals, such as gold and silver, plus energies like oil
Does Deriv offer leverage?
Yes. Leverage of up to 1: 1 000.
Does Deriv have ZAR accounts?
No, Deriv does not offer accounts in ZAR but the option to pay in ZAR currency is available whereby conversion fees apply.
Are there any apps available for the Deriv trading account?
Yes. Deriv offers trading platforms with the option of apps that are compatible with IOS and Android.
Is there a specific type of account designed for South African traders?
Yes, this South African trader can have several account types on Deriv. This includes demo, real, and Islamic accounts.
What is the minimum deposit for South African traders?
Their minimum deposit for South African traders is as low as 5 USD.
Can South African traders get an Islamic (swap-free) account from Deriv?
Yes, it is possible for South African users to have access to an Islamic account that does not have swap features.
Does Deriv offer any special account opening features for South African traders?
Account opening comes with varied benefits for South African traders, such as localized payment options, ZAR trading pairs, and customer support for this region.
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