Deriv Review 2026: Binary Options, Multipliers, Platforms, And Performance

In this Deriv review, we assess the broker’s proprietary suite for trading binaries and multipliers. Around-the-clock access via synthetic indices, more than 80 instruments, and a low entry deposit appeal to active traders, though weekend customer care is limited and research tools are thin. See how our analysts rated the experience after comprehensive tests.

• Awards, wide instrument range, many funding options, low minimums, established brand.

• No binary copy trading, complex contract types, slow support on weekends.

Deriv stands out for longevity in binaries dating to 1999 (including its era), a global user base exceeding 3 million, and a multi-entity regulatory framework.

Trader safeguards and the products you can access depend on which Deriv entity you join:

• EU (Malta) — Deriv Investments (Europe) Ltd (C 70156): Authorized by the MFSA. Eligible clients are covered by the Malta Investor Compensation Scheme (90% up to €20,000). Note: Retail binary options are not permitted in the EEA, so this entity does not offer binaries. The MFSA appears as a tier 1 authority in our regulator directory.
• Malaysia (Labuan) — Deriv (FX) Ltd (LL13394): Listed with Labuan FSA as a money broker. Classified as tier 2 in our database.
• British Virgin Islands — Deriv (BVI) Ltd: Licensed by the BVI FSC (SIBA/L/18/1114). A common route for non-EU/UK clients trading binaries. Classified as tier 4 in our database.
• Vanuatu — Deriv (V) Ltd: Holds a VFSC Financial Dealer licence (Class C, No. 14556). Classified as tier 4 in our database.

Binary access is generally via offshore entities in the BVI or Vanuatu, which provide lighter protections and no EU-style compensation. Confirm the exact company on your account matches the stated regulator before trading.

There are no multi-tier or VIP-style binary accounts, which may disappoint high-balance traders seeking enhanced payouts or perks available elsewhere.

The single profile keeps onboarding and use simple, granting access to all instruments, including binary options. Account types available include a standard live account, a free demo account with unlimited virtual funds and no expiry, and an Islamic (swap-free) option where supported.

A free demo account is available with unlimited virtual funds, no expiry, and full use of platforms and tools.

During evaluation, the paper account was especially helpful for testing automated builders such as DBot. Note that product access and conditions (for example, binaries in certain jurisdictions) can vary by the Deriv entity and your region.

Binary contracts span 80+ underlyings — more than double some competitors — with notable breadth across commodities and volatility-focused products uncommon at many brokers.

• Commodities — Trade precious metals and energies, including Gold, Silver, and Oil.
• Indices — Take positions on major US, European, and Asian benchmarks like the S&P 500, FTSE 100, and GER 40.
• Forex — Digital options on 30+ major and minor pairs, including EUR/USD, USD/CAD, and AUD/NZD.
• Basket Indices — Gold or forex baskets priced versus multiple major currencies; for example, a Gold basket against USD, EUR, GBP, JPY, and AUD.
• Derived Synthetics — Proprietary indices that mimic market behavior without being driven by liquidity or news events. Products include continuous indices (e.g., Volatility 75), jump indices, and daily reset indices. In 2025, Crash 150 and Boom 150 were added, with ticks every second and crash/boom events roughly every 2.5 minutes, suiting short-term traders.

The selection is broader than most brokers and accommodates multiple trading styles:

• Digital Options — Two-outcome contracts with a fixed payout percentage if your prediction is correct.
• Lookback — Payout depends on the best high or low price achieved during the contract duration.
• Call/Put Spreads — Earn up to a capped return based on where the market finishes relative to two specified levels.

Available digital variants include:

• Rise or Fall — Will the exit price finish above or below the entry price at expiry?
• Higher or Lower — Will the market end above or below a chosen barrier at expiry?
• Ends Between or Outside — Will the exit price land inside two preset price levels at expiry?
• Stays Between or Outside — Will the price remain inside or close outside specified markers by expiry?
• Touch or No Touch — Will the market hit a predefined target at any time before expiry?
• Asians — Will the exit price be above or below the prior average exit price at contract end?

Lookback contracts are offered on synthetic indices:

• Close Low — Multiplier times the difference between the low and the close during the contract.
• High Low — Multiplier times the spread between the highest and lowest price over the term.
• High Close — Multiplier times the difference between the high and the close over the contract.

Multipliers blend leveraged-style upside with predefined downside limits similar to options.

• Favorable moves are amplified (e.g., 10x) so gains scale with market direction.
• Adverse moves are capped at the initial stake, with an automatic stop-out at the starting amount.

In short, traders can increase exposure while containing risk to the amount invested.

We conducted live payout checks across four underlyings in peak versus off-peak sessions, comparing realized returns with the broker’s posted rates for common expiries.

Summary: Peak sessions generally came in 0–5% below headline rates, while off-peak results trailed by roughly 7–17%. Consistency was strongest during active market hours, with the expected dip overnight and on weekends.

Deriv — Payout Tests Data

• EUR/USD — Expiry: 5 minutes. Advertised: 95%. Observed (peak): 90–92%. Observed (off-peak): 78–83%. Deviation: −3 to −5% (peak), −12 to −17% (off-peak). Note: Slightly below posted figures in busy hours; standard overnight softness.
• BTC — Expiry: 30 minutes. Advertised: 90%. Observed (peak): 86–88%. Observed (off-peak): 80–83%. Deviation: −2 to −4% (peak), −7 to −10% (off-peak). Note: Crypto payouts were steady given 24/7 markets; variance widened off-peak but less than major FX.
• SPX — Expiry: 10 minutes. Advertised: 85%. Observed (peak): 82–85%. Observed (off-peak): 72–78%. Deviation: 0 to −3% (peak), −7 to −13% (off-peak). Note: In line with the posted rates during US trading; predictable decrease overnight.
• XAU/USD — Expiry: 10 minutes. Advertised: 88%. Observed (peak): 85–87%. Observed (off-peak): 74–80%. Deviation: −1 to −3% (peak), −8 to −14% (off-peak). Note: Stable during London/US overlap; materially lower in Asian hours and weekends.

Deriv provides multiple platforms, exceeding the typical binary broker. However, not all binary contracts are tradable via a mobile app; MT5 and Deriv Go focus on CFDs and multipliers.

Supported platforms include DTrader (web-based binaries and short-term contracts), DBot (no-code automation for supported markets), Deriv Go (mobile trading for CFDs and multipliers), MetaTrader 5 (CFDs plus access to signals), and TradingView (charting and analysis for supported instruments).

DTrader supports 50+ instruments and presents a clean, customizable interface with intuitive menus on both sides of the chart.

DTrader platform

Key features include:

• Thirteen timeframe presets.
• Durations from 15 seconds up to 365 days.
• Four chart types, including area and candlestick.
• Nine drawing tools such as Fibonacci Fan and Trend.
• More than 20 indicators and widgets, including MACD, RSI, and Bollinger Bands.

DBot is a no-code automation tool supporting 50+ assets. You can assemble strategies by dragging prebuilt conditions into a workflow.

Three ready-made templates are included. Traders can tweak them or design a flow from scratch.

In tests, the builder felt approachable for beginners, and the embedded guides sped up learning.

Notifications and live metrics help track performance once a bot is running.

Funding is available through 30+ options, far above the industry average.

The general minimum deposit is $5, though certain methods have their own thresholds.

Deriv charges no internal fees for deposits or withdrawals; third-party providers may impose costs. Many rails are USD-only, while some support EUR, AUD, and GBP.

Availability varies by country.

The education hub is modest for binary traders. While the Academy covers forex and CFDs, binary-specific learning materials are limited.

That said, the platform guides and how-tos are useful for setup and execution.

Signals are accessible on MT5, allowing subscriptions to multiple providers with suggested entries and exits. Use caution, as signals do not guarantee profits and quality varies widely.

Free calculators include margin, swap, pip, and PnL for margin — more relevant to CFDs than binaries.

An active community and forums support idea sharing and troubleshooting. The user base is among the largest we’ve encountered for a binary-focused brand.

Deriv also offers self-exclusion tools within account settings, letting you lock access for a chosen period to encourage responsible trading.

We measured response times, resolution speed, and accuracy across chat and email, focusing on platform and payout questions.

Headline: Fast chat connection and clear guidance on frozen trades. Email replies were structured and clarified how dynamic payouts work. In our evaluation, the primary channels were live chat and email, and support was provided in English. Coverage can vary by time and region; while chat entry was available over the weekend, live agents were not.

• Chat and Email — Topic: platform/tools and payout timings. First Response: 2 minutes (chat), 25 minutes (email). Resolution: 6 minutes (chat), 60 minutes (email). Outcome: resolved. Helpfulness: 8/10.

On weekends, live chat routed to a bot and no human agent was available during our tests — increasingly common, but frustrating for urgent queries.

All data and payments are protected with SSL, and two-factor authentication can be enabled for added security.

Responsible trading tools include custom limits and self-exclusion by product or timeframe, allowing caps on trading amounts and losses — a standout feature versus many binary competitors.

The broker delivers strong conditions for binary traders: 80+ markets, polished proprietary platforms, and competitive payouts.

Drawbacks include constrained support options and regional restrictions — no access for residents of countries such as the US and Canada, and limited availability in the UK and much of Europe for binaries.

Overall, it remains a long-standing and trusted name in the binary options niche.

Deriv does not guarantee profits; results depend on the trader’s strategy, discipline, and risk management.

Deriv provides complex instruments, including options and contracts for difference (CFDs), which carry risk and may not suit all investors.

Please consider the following before trading: a) you can lose some or all of your capital, and b) currency conversion can impact results when your account and instruments differ by currency. Never trade with borrowed funds or money you cannot afford to lose.

Can Deriv Be Trusted?

Our panel rated Deriv as trustworthy. The brand, previously known as , has operated for over 25 years and maintains registrations with several regulators, including LFSA, MFSA, VFSC, and BVI.

Client money is kept in segregated accounts, and multiple security features are available at the account level.

Is Deriv a Good Broker in Nigeria?

Deriv is generally accessible to traders in many countries, and Nigerian users will typically be onboarded under one of the offshore entities used for binaries (often the British Virgin Islands or Vanuatu arms), rather than the EU (Malta) entity that does not offer retail binaries in the EEA.

For Nigerians, the key trade-off is that offshore entities can mean lighter investor protections versus EU-style frameworks, so it’s important to confirm the exact Deriv company shown in your account and understand the protections (and limits) that apply.

Funding options can be a plus, but they are country-dependent. The cashier may include bank cards, bank transfers, crypto, and selected local processors (for example, Airtel and M-Pesa are listed among supported methods in Deriv’s lineup, though availability varies by country).

Service quality should be broadly similar across regions in day-to-day use, but note our support tests found weekend live-agent availability was limited, with chat routing to a bot.

Is Deriv Trading Profitable?

Losses are possible, including losing your full stake on binaries, and outcomes can vary widely by product, session, and approach.

Features that can help you test and refine your approach include the free demo account (unlimited virtual funds), platform tooling like DBot for automation testing, and transparent payout checks (we observed payouts varying between peak and off-peak sessions). On the other hand, Deriv’s binary-focused education is relatively modest, and the contract range can feel complex for beginners.

• Awards: Best Trading App 2025 ( ); Most Trusted Binary Broker 2025 ( ); Most Trusted Broker 2024, Best Trading Experience LATAM 2024, Best LATAM Region Broker 2024 (Ultimate Fintech Global Awards); Best Customer Service 2024 (Global Forex Awards).
• Instruments: CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs.
• Number of Binary Contracts: 31.
• Demo Account: Yes.
• Minimum Deposit: $5.
• Minimum Trade: 0.01 lots.
• Max Payout: 100%.
• Expiry Times: 15 seconds to 365 days.
• Ladder Binaries: Yes.
• Boundary Binaries: Yes.
• Payment Methods: 1ForYou, Airtel, Airtm, AstroPay, Banxa, Bitcoin Payments, Boleto, Credit Card, Diners Club, FasaPay, JCB Card, JetonCash, M-Pesa, Maestro, Mastercard, Neteller, Perfect Money, PIX Payment, Przelewy24, Skrill, Sticpay, Trustly, Visa, Volet, WebMoney, Wire Transfer.
• Mobile Apps: Android, iOS, and a progressive web app.
• Inactivity Fee: $25.
• Auto Trading: Expert Advisors (EAs) on MetaTrader, DBots.
• Copy Trading: Yes.
• Social Trading: No.
• Margin Trading: Yes.
• MetaTrader 4: No.
• MetaTrader 5: Yes.
• TradingView: Yes.
• AI / Machine Learning: No.
• Negative Balance Protection: Yes.
• Market Maker: Yes.
• Trade Signals: Yes.
• Tournaments: No.
• Demo Competitions: No.
• Islamic Account: Yes.
• Account Currencies: USD, EUR, GBP.
• Stock Exchanges: Australian Securities Exchange (ASX), CAC 40 (France), DAX GER 40, Dow Jones, Euronext, FTSE UK, Hang Seng, IBEX 35, Japan Exchange Group, Nasdaq, New York Stock Exchange, Russell 2000, S&P 500, Shanghai Stock Exchange, Shenzhen Stock Exchange, SIX Swiss Exchange.
• Commodities: Gold, Oil, Silver, Precious Metals, Copper, Lead, Cotton, Coffee, Natural Gas, Sugar, Cocoa, Nickel, Palladium, Platinum, Zinc.
• CFD Trading: Yes.
• CFD Leverage: Up to 1:1000 (varies by region).
• CFD FTSE Spread: 1.28.
• CFD GBP/USD Spread: 1.4.
• CFD Oil Spread: 0.02.
• CFD Stocks Spread: 0.59 (Apple).
• Forex Trading: Yes.
• Forex GBP/USD Spread: 1.4.
• Forex EUR/USD Spread: 1.4.
• Forex EUR/GBP Spread: 1.0.
• Forex Assets: 40+.
• Crypto Trading: Yes.
• Crypto Spread: From 0.5.
• Crypto Coins: ADA, ALG, AVA, BAT, BCH, BNB, BTC, DOG, DOT, DSH, EOS, ETC, ETH, FIL, IOT, LNK, LTC, MKR, NEO, OMG, SOL, TRX, UNI, XLM, XMR, XRP, XTZ, ZEC.