Deriv Fees Spreads and Commissions vary according to the account type that the trader is using. The Deriv spread list starts from 0.5 pips.
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 Fees Spreads, and Commission Revealed – A Key 9-Point Quick Overview
- ☑️Deriv At a Glance
- ☑️Who is Deriv
- ☑️Deriv Fees and Spreads
- ☑️Additional Trading Fees
- ☑️Broker Fees
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
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 |
Who is Deriv
According to research in South Africa, Deriv was founded in 1999 and is the rebrand of the company, Binary.com. The platform provides an expanded product range and improved user experience.
Deriv is a premier online trading company that deals in CFDs, options, and multipliers for various assets of your choice. Being a popular choice among trading platforms, Deriv works for both novices and highly experienced traders. Deriv has been established as a platform where every interested person can easily trade in different financial instruments and where innovative and modified tools offer enhanced security in forex trading, stocks, indices, cryptocurrencies, and commodities.
Deriv Fees and Spreads
Deriv’s offers tight spreads that start from 0.5 pips on EUR/USD. It is not clear on the broker’s website whether it charges any commission for trade executions, but brokers usually collect a brokerage fee from the spreads. Some reviews state that trade commissions start from 0,015% for forex and CFDs.
| ☑ Deriv | |
| 💳 Fees and Spreads | |
| Minimum Deposit | $5/R75ZAR |
| Spreads | 0.5 pips |
| Commissions | 📌No |
| Deposit fees | 📌No |
The minimum deposit for Deriv traders is $ 5/R 75 ZAR on any of the three live account types. However, the deposit amount depends on what type of payment method you would like to use. There is no spread list and fee schedule forthcoming when searching the website of Deriv.
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
Additional Trading Fees
When trading financial instruments such as forex, traders can often expect that overnight or swap fees will be charged when positions are held for longer than a trading day. It is not clear on Deriv’s website if short positions or long positions that are held overnight will be charged with swaps. For more information on the swaps that traders can expect, traders should contact customer services. The broker does not offer spread betting, and thus, spread betting fees do not apply.
Broker Fees
Deriv does not charge deposit fees or withdrawal fees. It does charge an inactivity fee of $ 25 if an account is dormant for more than 12 months. The inactivity fee is like a dormant fee, wherein any account that has not placed a buy or sell transaction for more than a continuous period of 12 months will pay a fee. However, this dormant fee does not apply if the client is under self-exclusion.
Traders also need to ensure that they verify additional charges which may be waived by their financial institution. In addition, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Customer Reviews
🥇Excellent
“Deriv has completely transformed my trading experience! The platform is incredibly user-friendly, and the low spreads make it ideal for both beginners and experienced traders. I also appreciate the wide range of assets available and the exceptional leverage options.” Reviewed: Michael H.
🥈Good
“I’ve had a good experience with Deriv so far. The spreads are competitive, and deposits are quick. However, I wish they offered a broader range of educational materials for new traders. Overall, a solid platform.” Reviewed: Amina K.
🥉Average
“Deriv is okay, but it’s not perfect. The spreads are low, which is a plus, but I had some issues with delayed withdrawals. The platform itself works well, but I expected more from their customer support. There’s room for improvement.” Reviewed: Lucas M.
Pros and Cons
| ✅ PROS | ❌ CONS |
| Low initial deposit of only $ 5 | Commissions are not indicated |
| No deposit fees or withdrawal fees charged | No Islamic account offered for clients of the Muslim faith. |
| Offers tight spreads | No transparent fee schedule |
Conclusion
Deriv is a legit forex trading company and a fully regulated and transparent broker with high operational standards, low trading fees, superior service delivery, and the ability to help investors reach their objectives. It caters for all types of traders with different levels of experience. Traders can choose between several platforms to suit individual trading styles and objectives. The added advantage is this is a reputable company that is strictly regulated within many jurisdictions.
For Forex pairs, Deriv has tight spreads beginning from $0.1 on most accounts with no commission charged. Commission costs hardly exist because a majority of brokers such as this one practice low prices for their services with little to no hidden charges involved in trading as well as in the withdrawal process that is often invoiced to the trader.
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Frequently Asked Questions
What is the cost of trading with Deriv?
Deriv has a minimum trading cost of $5.
Does spread betting cost apply to Deriv?
Deriv can be contacted through customer support to determine whether spread betting is offered.
Does Deriv charge overnight fees?
Deriv traders can often expect that overnight or swap fees will be charged when positions are held for longer than a trading day.
Does Deriv charge inactivity fees?
Deriv does charge an inactivity fee of $ 25 if an account is dormant for more than 12 months.
What spreads can I expect with Deriv?
You can expect different tight spreads on the different account types that start at 0.5 pips.
