Deriv Information

Deriv is a regulated broker, offering trading on forex, indices, stocks, commodities, cryptocurrencies and ETFs with leverage up to 1:1000 (forex) and spreads from 0 pips on Deriv MT5, Deriv X, Deriv cTrader, Deriv Trader, Deriv Bot, Deriv GO, and SmartTrader trading platforms. The minimum deposit requirement is only $5.

Pros and Cons

Is Deriv Legit?

Deriv is licensed by MFSA to offer services. However, the certification from VFSC and FSA is suspicious clone.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Malta Financial Services Authority (MFSA)	Regulated	DERIV INVESTMENTS (EUROPE) LIMITED	Market Maker (MM)	C 70156
	Vanuatu Financial Services Commission (VFSC)	Suspicious Clone	Binary (V) Ltd	Retail Forex License	Unreleased
	British Virgin Islands Financial Services Commission (FSA)	Suspicious Clone	Binary (BVI) Ltd.	Retail Forex License	SIBA/L/18/1114

What Can I Trade on Deriv?

Deriv offers trading on forex, indices, stocks, commodities, cryptocurrencies and ETFs.

Account Type

Here are six account types Deriv offers:

Leverage

Deriv offers flexible leverage options, varying by trading assets. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Deriv Fees

Trading Platform

Deposit and Withdrawal

Deriv accepts payments via credit & debit cards, online banking, mobile payments, E-wallets, cryptocurrencies, On-ramp/Off ramp and Voucher.

Deposit Options

Withdrawal Options

MRG Mega Berjangka Information

PT. MRG Mega Berjangka, a company engaged in futures trading and more commonly known as MRG Mega Berjangka, was established in 1998. It offers a diverse range of trading instruments including forex, gold, US Index, and Crude Oil.

There are three account types: GOLD, SILVER, and PLATINUM, with a minimum deposit requirement of $300 and a leverage ratio of 1:100. The platform provides the MetaTrader 4 platform across multiple systems.

Is MRG Mega Berjangka Legit?

Yes, it has two licenses in Indonesia.

Account Types

MRG Mega Berjangka Fees

The GOLD and PLATINUM accounts share the same fee model, charging 30/lot for forex & gold and 20/lot for indices & crude oil, with spreads starting at 2.3 pips.

In contrast, the SILVER account offers the lowest spread at 0.8 pips but applies a flat commission of $8/lot across all instruments.

Trading Platform

MRG Mega Berjangka offers MetaTrader 4 trading platform. It includes MetaTrader 4 for Windows systems, the MetaTrader version for Apple iOS devices, and the MetaTrader mobile app for Android devices. You can choose to download it according to your own needs.

Deposit & Withdrawal

MRG Mega Berjangka has not specified the specific deposit methods and fees, but has shown the detailed deposit steps:

Deposit steps

1. Enter the username and password obtained during registration in the login field and click “Login”.
2. After obtaining the MetaTrader login ID and password, select the “Top-Up” menu.
3. Enter the amount of funds you wish to deposit.
4. Select “Local Bank Transfer” and choose the account listed with an amount that matches the data you entered (MRG Mega Berjangka does not use the auto-debit function for the security of customer funds).
5. Ensure that all deposit information is filled in correctly, and then click “Submit”.

Withdrawal steps

1. Enter the username and password obtained during registration in the login field and click “Login”.
2. Select the “Withdrawal” menu.
3. Enter the withdrawal amount (in Indonesian Rupiah). Make sure all withdrawal information is filled in correctly, and then click “Submit”.

Notes

• Withdrawal requests submitted between 00:00 and 12:00 WIB (Western Indonesia Time) will be processed no later than 16:00 on the same day.
• Withdrawal requests submitted between 12:00 and 00:00 WIB will be processed no later than 12:00 on the next day.