Deriv review: Pros, Cons and Traders Rating

1.096 • 35 REVIEWS
Binary (SVG) Ltd
Updated: Mar 25, 2024
Deriv.com

Related sites include Binary.com.

Details

Established: 2019
Contact: Unknown
1.096 • 35 REVIEWS

Deriv Most Helpful Customer Reviews

G
GB Forex
Edo State, Nigeria,
Oct 17, 2022,
Registered user

Deriv Tampered my stop loss severely

Service use: Live Length of use: over 1 Year
Deriv has tampered my stop loss everely guys, they edit your real stop loss just for you to lose money, so many times I thought I was forgetting myself, so I had to use other broker, my other trades from other broker was never hit, they instead hit take profit. But my Deriv account was closed with losses. So many times, today it happened with my GBP/USD trade again....
W
willi2000
Attock, Pakistan,
Nov 21, 2021,
Registered user

Pure Bad Company

Service use: Live Length of use: 3-6 Months
Do not invest your hard earning in Deriv. You money will be accepted very quickly but you will get your money at day of judgement. It will look like your money doubling in a day but real problem will face you when you will get your money. All the 1 star reviews here are really true. If you think I am fake then come and try it your self.
N
net
Nairobi, Kenya,
Mar 17, 2021,
Guest

Pure trade Manipulation. Writing in bitterness. Deriv is inhuman

Service use: Live Length of use: over 1 Year
Deriv wiped my account completely.  Now I am away from them for good together with my friends in trades.
I had not realized until I started to notice how abnormally the chart starts to misbehave every time I go live. Chart hanging during live trades only to unfreeze when I am in great loss. 
I will be happy to spread the message about Deriv far and wide to the best of my abilities.
2 traders have found this review helpful
J
Jessse
Ogun, Nigeria,
Sep 10, 2022,
Registered user

You'll lose all your money

Service use: Live Length of use: over 1 Year
My first experience with trading was with synthetic indices, I've been trading synthetic indices since 2020. Deposited so many times but this company is just running its business, to take your money only!

You'll believe it's you making wrong trades but no, synthetic indices is made to wreck you. I've lost so much before I realized the true colors of this company. Synthetic trading is scam. I cursed the day I started trading it. Trading is not always profitable but what are the odds of all trades hitting stop loss?? Many sleepless nights thinking one day I'll be profitable, my time and all... Also affected my performance in my studies.

At this point I wish I could go back in time and fix my mistake because it's clear is. Many people are still losing money to this broker I pray they see this review soon and for you about to start trading synthetic trading, please reconsider!
1 trader has found this review helpful
E
EKman
UK, United Kingdom,
Aug 13, 2020,
Registered user

Deriv took over Binary.com?

Service use: Live Length of use: 6-12 Months
Since Deriv became connected to Binary.com there has been a remarkable change in Binary's customer support efficiency. The worst aspect is they now link clients to the "Community" to see if their problems can be solved through others' experience. This is a retrograde step. Just who wants to wait until some undedicated user gets back to them or read through reams of other people's issues in the hope of finding an answer?
1 trader has found this review helpful

Recent User Reviews of Deriv

O
Onome3700%
Nigeria, Nigeria,
Feb 22, 2024,
Registered user

Do not invest with Deriv

Service use: Live Length of use: 6-12 Months
Please do not invest in Deriv.com. You will eventually lose your money, especially when you trade more that half of your capital. They will manipulate the system to wipe it off
B
bernardfourie1
gauteng, South Africa,
Feb 14, 2024,
Registered user

Problems getting my funds back from Deriv

Service use: Live Length of use: 3-6 Months
I did receive a message stating that my account was permanently disable because of my proof of address. I have been struggled to load my proof address the last two weeks. As I have more than one residential address I don't know whether I loaded the wrong one or made a mistake. I can give more proof of my address if it's necessary but I am not 100% sure what I did wrong to have my account blocked.

No one want to answer me how am i getting my funds back
M
Miami
Colombo, Sri Lanka,
Jan 22, 2024,
Registered user

Manipulated trades will lose all of your money

Service use: Live Length of use: 0-3 Months
Trades are manipulated by Deriv. Do not invest with them. You will lose all your money in the end. I’m writing this with my own experience.
L
Lawrie
Ebonyi, Nigeria,
Jan 15, 2024,
Registered user

Deriv blocked my account for no reason.

Service use: Live Length of use: over 1 Year
They blocked my account for no reason. This is not fair. Deriv has done this to me too much.  Release my money.
I
Ibgentle
Uyo, Nigeria,
Dec 27, 2023,
Registered user

I agree with every negative review here.

Service use: Live Length of use: over 1 Year
When I first found them in 2022, I thought they were the best so far. Fast-forward to this day...I've lost over $5,000 even with all my knowledge, experience, strategy, and discipline. This platform is the biggest SCAM so far!