Global Broker Regulation & Inquiry App
Broker Search
English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

Download

Markets4you , Deriv Broker Comparison

Do you want to know which is the better broker between Markets4you and Deriv ?

In the table below, you can compare the features of Markets4you , Deriv side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
Markets4you
5.22
Offshore Regulatory
Under guarantee
--
15-20 years
FSC
VISA,Skrill,Neteller
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Classic Standard,Cent Pro,Classic Pro,Classic Fixed,Cent Fixed
--
0$
1:1000
from 0.9
20.00
--
0.01
--
Deriv
2.39
Suspicious Clone
Under guarantee
5-10 years
MFSA,VFSC,FSC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

Markets4you 、 Deriv BrokersRelevant information

Markets4you 、 Deriv BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of forex4you, deriv lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

forex4you
Markets4you Basic Infromation
Registered Country British Virgin Islands
Founded in 2007
Regulation FSC (Offshore)
Trading Instruments Forex, CFDs, Indices, Commodities, Stocks
Account Types Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, Classic Standard
Account Currency Options USD, EUR
Demo Account Available
Islamic Account Not Available
Minimum Deposit $0
Maximum Leverage 1:1000
EUR/USD Spread From 0.1 pips for Cent Pro and Classic Pro account
Trading Platforms MetaTrader 4, MetaTrader 5, Markets4you (Desktop & Webtrader)
Deposits & Withdrawals VISA, MasterCard, WebMoney, Neteller, Skrill
Education Resources Daily market analysis, educational articles, webinars, and trading tools
Customer Support Email, Phone, Live Chat
Bonuses Program Yes

Note: The information may be subject to change, and it's recommended to check the official website for the most updated information.

Overview of Markets4you

Markets4you is a popular forex broker that operates globally, with its headquarters located in the British Virgin Islands. The broker has been providing forex trading services since 2007, offering a wide range of trading instruments, including forex, stocks, commodities, and indices, and it prides itself on offering its clients competitive trading conditions, advanced trading tools, and exceptional customer support.

The broker offers various types of trading accounts, including Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, Classic Standard, with no minimum deposit required. These accounts differ in terms of their leverage, and spreads, and maximum leverage can be adjusted up to 1:1000.

Markets4you's commitment to innovation and convenience is evident in its trading platforms, which include the popular MetaTrader 4 platform, MetaTrader 5 platform, as well as the proprietary Markets4you platform. Both platforms are user-friendly and offer a range of advanced features, including real-time charts, technical analysis tools, and a variety of order types.

In terms of customer support, Markets4you provides a 24/7 customer service team that can be reached via live chat, email, or phone. The broker also offers multilingual support in a variety of languages, including English, Russian, Chinese, and Spanish.

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

basic-info

Is Markets4you Legit?

Yes, Markets4you is regulated. The broker is licensed and regulated by the Financial Services Commission (FSC) of the British Virgin Islands, an offshore regulated body, under registration number SIBA/L/12/1027.

Traders may prefer brokers regulated by more established and well-known regulatory bodies, such as the FCA or ASIC. Offshore regulation, in most cases, can still provide a level of security for traders, as brokers are still required to adhere to certain regulatory standards and comply with the laws of the country where they are registered.

regulation

Pros & Cons

Pros Cons
  • Low minimum deposit requirement
  • Limited range of tradable instruments
  • Multiple account types to suit different traders
  • Offshore regulation (only)
  • No minimum deposit requirements
  • Limited educational resources
  • Generous leverage up to 1:1000
  • Limited deposit and withdrawal options
  • Access to multiple popular trading platforms, MT4, MT5 and Markets4you trading platform
  • Limited customer support options outside of standard business hours
  • Copy trading and PAMM investment options
  • No inactivity fees
  • Bonuses and Promotions offered
  • Multiple customer support channels
Markets4you offers several advantages such as a wide range of trading accounts, user-friendly platforms, no minimum deposit requirements, and several educational resources. However, there are also some disadvantages, including a limited number of tradable assets, high trading fees for some accounts, and no support for popular e-wallet payment methods. You should weigh these pros and cons before deciding to open an account with Markets4you.

Market Intruments

Markets4you is a broker that provides traders with an impressive range of 150 trading instruments, which is a testament to its commitment to meeting the diverse needs of its clients. The broker offers 50 currency pairs, which include majors, minors, and exotics, enabling traders to trade on popular pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as lesser-known pairs. Furthermore, Markets4you allows traders to trade commodities such as gold, brent, and wti, making it a great choice for those who wish to diversify their portfolios.

Additionally, the broker provides traders with access to 12 major indices, which include the S&P 500, NASDAQ, FTSE 100, and more, giving them the opportunity to take advantage of the stock market's volatility. Finally, Markets4you offers over 50 company stocks that span different sectors such as technology, healthcare, and energy, among others, which can help traders to build a well-rounded portfolio.

market-instruments

Account Types

Markets4you offers a variety of account types to cater to different trading needs and preferences of their clients. These account types include Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, and Classic Standard. The Cent Fixed and Classic Fixed accounts are ideal for beginners or those who want to start trading with small amounts, as they offer fixed spreads and require no minimum deposit. The Cent Pro and Classic Pro accounts, on the other hand, are designed for more experienced traders who want to trade with higher volumes and lower spreads. The Classic Standard account is the most versatile of all, providing traders with variable spreads and allowing them to trade with any amount of deposit.

With these account types, traders have the flexibility to choose the one that best suits their trading style and objectives. The absence of a minimum deposit requirement in all account types is particularly attractive, as it allows traders to start trading with any amount they feel comfortable with.

account-types

How to Open an Account?

To open an account with Markets4you, you will need to visit their website and follow the account opening process.

  1. Go to their website and click on the “Open an Account” button.

open-account

2. Then, you'll need to fill out some basic information, like your name and email address. After that, just follow the steps to verify your account.

open-account

3. After that, you will need to verify your identity and address by providing copies of your ID card and utility bill.

4. Finally, you will need to fund your account to start trading. Markets4you offers several convenient payment methods, including credit/debit cards, bank transfers, and electronic wallets. Once your account is funded, you can start trading immediately.

Leverage

Markets4you offers a maximum leverage of up to 1:1000, although it depends on the account entity. This means that traders can potentially amplify their profits up to 1000 times. However, it's important to remember that high leverage also comes with a higher risk of loss, and traders should carefully consider their risk management strategy before trading with high leverage.

However, its worth mentioning that in the homepage of Markets4you the highest leverage is 1:2000, while in the account types the maximum amount is only 1:1000. You may consult the customer support to verify the specific condition.

leverage

Spreads & Commissions (Trading Fees)

Markets4you offers a diverse range of account types that cater to the varied trading needs of its clients. The Cent Fixed and Classic Fixed account types are suitable for novice traders as they offer comparatively wider spreads of 2 pips with no commission charged. On the other hand, experienced traders can opt for the Cent Pro and Classic Pro account types, which offer tighter spreads from 0.1 pips with a commission of $10 cents and $8 cents per lot respectively. The Classic Standard account type is another option available for traders looking for tighter spreads of 0.9 pips with no commission charged.

Spreads and commissions are subject to change based on market conditions and volatility. Therefore, traders are advised to keep a close eye on the current trading fees and account terms and conditions before making any trades.

Spreads & Commissions
spread-commission

Non-Trading Fees

Apart from trading fees, Markets4you also charges some non-trading fees. One of the most significant non-trading fees is the inactivity fee. If you do not trade for 90 consecutive days, Markets4you will charge an inactivity fee of $10 per month until you resume trading or your account balance is zero. Another non-trading fee that you may encounter is the withdrawal fee, which varies depending on the payment method you choose. For example, if you withdraw funds using a bank wire transfer, Markets4you will charge a fee of $10. Additionally, if you use a payment system like Skrill or Neteller, you may be subject to a fee of up to 3.5% of the transaction amount. Therefore, it is essential to consider these non-trading fees when choosing a payment method and managing your account to avoid unnecessary charges.

Trading Platforms

Markets4you offers multiple trading platforms, including popular and well-established MetaTrader 4 and MetaTrader 5 trading platforms, which provide a stable and robust trading experience for both novice and experienced traders. These platforms are renowned for their advanced charting and analytical tools, multiple order types, and customizable interface, which can be tailored to suit the preferences of individual traders. Additionally, Markets4you also offers its proprietary trading platform, Markets4you, which provides a seamless and user-friendly trading experience across all desktop and mobile devices.

Trading Platforms

Deposit & Withdrawal

Markets4you offers several payment methods for both deposit and withdrawal, making it easier for clients to manage their funds. The available payment methods include Skrill, Neteller, WebMoney, Visa, and Mastercard. The minimum deposit amount varies depending on the chosen payment method. For Skrill, Neteller, and WebMoney, the minimum deposit amount is $1. For Visa and Mastercard, the minimum deposit amount is $10.

Withdrawals can be processed through the same payment methods as deposits. Withdrawals via e-wallets like Skrill, Neteller, and WebMoney are processed within 24 hours, while withdrawals via Visa and Mastercard take 2-5 business days to process. The minimum withdrawal amount for e-wallets is $1, and for Visa and Mastercard, it is $10. There are no withdrawal fees for all payment methods.

Before withdrawing funds, clients need to verify their accounts by submitting the necessary documents for verification. The verification process typically takes up to 1 business day, after which clients can proceed with their withdrawals.

deposit-withdrawal

Bonuses Offered

Markets4you, a forex broker, provides a range of bonus programs to enhance the trading experience for its clients. Two notable bonus offerings by Markets4you include the 100% deposit bonus and the 50% cashback program:

100% Deposit Bonus: Markets4you offers a generous 100% deposit bonus to eligible clients. This bonus provides traders with additional trading capital by matching their deposit amount. For example, if a client deposits $500, they will receive an additional $500 as a bonus, effectively doubling their trading funds. This bonus can be a valuable tool for increasing trading potential and exploring new opportunities in the market.

bonus-offered

50% Cashback Program: Markets4you also features a 50% cashback program. Under this program, traders can earn a cashback on their trading volume. The cashback is a percentage of the spread or commission paid on each trade, depending on the specific account type and trading conditions. This cashback is credited back to the client's account, providing an additional financial benefit and reducing the overall trading costs.

bonus-offered

Customer Support

Markets4you offers customer support via various channels to assist their clients with any inquiries or issues they may have. The broker has a responsive and knowledgeable support team that is available 24/7 to assist clients. Markets4you's customer support can be reached via email, phone, live chat, and even social media platforms such as Facebook and Twitter. Additionally, the broker provides a comprehensive FAQ section on their website, which covers a wide range of topics and may answer many common questions that clients have.

Below are the details about the customer service.

  • Language(s): English, melayu, Chinese, Thai language, Vietnamese, Bengali, Indian

  • Service Hours: 24/7

  • Email: info@forex4you.com

  • Phone: +44 330 027 1824

  • Address: First Floor, Mandar House, Johnson's Ghut, P.O. Box 3257, Road Town, Tortola, British Virgin Islands

  • Social media: Facebook, Instagram, YouTube

customer-support
customer-support

Educational Resources

Markets4you provides a range of educational resources to help traders improve their trading skills and knowledge. The broker offers a variety of articles covering different topics related to forex trading, including technical analysis, fundamental analysis, and trading strategies. Additionally, Markets4you has a trading school that provides a comprehensive course on forex trading, suitable for both beginners and advanced traders.

Video tutorials are also available to help traders understand the different aspects of trading, such as how to use the trading platform and how to perform technical analysis. Markets4youalso conducts webinars and seminars, which are led by experienced traders and cover a wide range of topics, such as trading psychology, risk management, and market analysis.

Moreover, Markets4you provides an economic calendar that displays important economic events and their impact on the financial markets. Traders can use this tool to stay up-to-date with the latest news and plan their trades accordingly.

educational-resources
educational-resources

Conclusion

In conclusion, Markets4you is an offshore-regulated forex broker that offers a wide range of trading instruments, including forex, commodities, indices, and stocks. The broker has a variety of account types that cater to different trading needs, with no minimum deposit required. Markets4you offers high leverage up to 1:1000, and competitive spreads starting from 0.1 pips with some of their account types. The broker also offers excellent customer support and a variety of educational resources to help traders improve their skills and knowledge.

However, there are some limitations, such as the offshore regulation and the limited availability of certain payment options.

FAQs

Question: Is Markets4you regulated?

Answer: Yes, Markets4you is offshore regulated by the Financial Services Commission (FSC) in the British Virgin Islands.

Question: What is the minimum deposit to open an account with Markets4you?

Answer: Markets4you do not have a minimum deposit requirement.

Question: What trading platforms does Markets4you offer?

Answer: Markets4you offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as the Markets4you proprietary platform, which is available on desktop and mobile devices.

Question: What is the maximum leverage offered by Markets4you?

Answer: Markets4you offers a maximum leverage of up to 1:1000, depending on the type of account you have.

Question: What educational resources does Markets4you offer?

Answer: Markets4you offers a range of educational resources, including articles, trading schools, video tutorials, webinars, and more, aimed at helping traders improve their skills and knowledge.

deriv
Deriv Basic Information
Registered Country/Region Malta
Founded in Unknown
Regulation No regulation (Fake and clone forex broker
Company Name Deriv (FX) Ltd
Instruments Forex, commodities, cryptocurrencies, synthetic indices, and more
Account types Synthetic Account, Financial account, Financial STP Account
Demo Account Available
Minimum deposit $1
Leverage Unknown
Spreads & commissions Unknown
Non-trading fees No deposit or withdrawal fees, inactivity fees after 12 months
Trading platforms DTrader, DBot, DMT5
Mobile app Available for Android and iOS
Education Free educational resources and webinars
Customer support 24/7 multilingual support via live chat, email, and phone

Overview of Deriv

There are two brokers named Deriv, which can cause confusion:

One company is registered in Malta and is commonly known as Deriv.com, with its company name: Binary.com. In 2013 Binary.com rebranded to Deriv. They are a legitimate online trading platform offering forex, commodities, cryptocurrencies, and more, with regulation from the Malta Financial Services Authority (MFSA) and other regulatory bodies.

The other company, also named Deriv (FX) Ltd, is suspected to be a clone or fake broker. There is limited information available about this company, and it is not clear whether they are regulated or offer legitimate trading services.

basic-info

Is Deriv legit or a scam?

Please note that this Deriv is the trading name of Deriv (FX) Ltd, and this company is not regulated or authorized by any other regulatory authorities. More clearly, this broker is using another legit Deriv's url website to confuse people and it is a clone broker.

Trading with a cloned forex broker carries a high risk as these brokers are not authorized or regulated by any legitimate regulatory body. These cloned brokers often use the names, logos, and websites of established and reputable brokers to deceive traders into believing that they are dealing with a legitimate broker.

Cloned brokers often offer attractive trading conditions such as low spreads, high leverage, and bonuses to lure unsuspecting traders into depositing funds into their accounts. Once traders deposit their funds, they may find that it is impossible to withdraw their money or receive any support from the cloned broker.

regulation
regulation
regulation

Pros and Cons

Based on the available information, it has been reported that Deriv is a suspected clone broker, which means that it is not a legitimate or regulated financial entity. Therefore, it is highly recommended to avoid trading with this broker. It is important to trade with a regulated and reputable broker to ensure the safety of your funds and investments. In conclusion, as there are no pros to trading with an unregulated and potentially fraudulent broker, it is advisable to consider reputable alternatives.

Pros Cons
None Cloned broker with unclear regulatory status
No negative balance protection
Limited customer support options
Limited educational resources
No social or copy trading features

Market Intruments

Deriv offers a wide range of market instruments for traders to trade on, including forex currency pairs, commodities, cryptocurrencies, indices, and synthetic indices. Forex currency pairs include major, minor, and exotic pairs, while commodities include precious metals, energies, and agricultural products. Traders can also trade on popular indices such as the S&P 500, FTSE 100, and Nikkei 225. Deriv also offers trading on popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Additionally, traders can trade on synthetic indices, which are proprietary indices designed to simulate the behavior of real-world markets.

products
products

Account Types

Deriv offers different account types to cater to the varying needs and preferences of traders.

Synthetic Account: This account provides access to synthetic markets, which are artificial markets that simulate real-world market conditions. It requires a minimum deposit of $1 and offers leverage of up to 1:1000.

Financial account: Deriv also provides a financial account, which is specifically designed for trading on financial instruments. This account offers a higher leverage of up to 1:1000, allowing traders to maximize their trading potential. Additionally, traders can access a wide range of financial instruments, including stocks, bonds, and commodities.

Financial STP Account: This account is designed for traders who prefer to trade with Straight Through Processing (STP) execution. It requires a minimum deposit of $100 and provides access to over 50 tradable assets, including forex, commodities, and cryptocurrencies. The account also offers leverage of up to 1:100.

account-types

Demo Account

Deriv offers a demo account for traders who want to practice trading without risking real money. The demo account is a simulation of the live trading environment, and it comes with $10,000 in virtual funds that can be used to place trades in a risk-free setting. The demo account allows traders to test the trading platform, try out different trading strategies, and get a feel for the market conditions before investing real money. The demo account is available for all account types, including financial account. It is a great way for new traders to learn how to trade and for experienced traders to test out new strategies.

demo-account

How to open an account?

  1. Go to the Deriv website and click on “Create free demo account” or “Sign up for free” to create a demo or real account, respectively.

open-account
  1. Fill in your personal information, such as your name, email address, and phone number.

  2. Choose the account type that you want to open, such as a real or demo account.

  3. Agree to the terms and conditions and submit your application.

  4. Once your application is approved, you can fund your account and start trading.

open-account

Leverage

Leverage is a critical component of trading that allows traders to control more significant positions in the market with a smaller amount of capital. Deriv offers various leverage options for traders, depending on the type of account and trading instrument. For forex trading, the maximum leverage offered is up to 1:1000 for professional clients and 1:30 for retail clients. For commodities, indices, and cryptocurrencies, the maximum leverage offered is up to 1:200 for professional clients and 1:5 for retail clients.

It's essential to understand the risks involved with leverage trading and how to use it properly to avoid significant losses. Deriv provides education and resources for traders to understand leverage and its impact on trading. Traders can also adjust their leverage levels according to their risk appetite and trading strategies. It's crucial to note that high leverage comes with high risks, and traders should exercise caution when using leverage in their trading activities.

Spreads & Commissions (Trading Fees)

The exact spreads and commissions vary depending on the account type and trading instrument. Here's a brief overview of the spreads and commissions offered by Deriv:

For forex trading, the spreads start from 0.5 pips for major currency pairs such as EUR/USD, GBP/USD, and USD/JPY. The spreads for minor and exotic currency pairs are slightly higher, ranging from 1.0 to 3.0 pips.

For commodities, the spreads start from as low as 0.01 pips for Gold and 0.03 pips for Silver. For other commodities such as Crude Oil and Natural Gas, the spreads range from 0.3 to 3.0 pips.

For indices trading, the spreads start from as low as 0.5 pips for major indices such as the US 500 and Germany 30. For other indices, the spreads range from 1.0 to 3.0 pips.

Deriv charges a commission of $1 for forex trading and $0.50 for commodities and indices trading. However, the commission is only applicable to certain account types such as the Financial and Synthetic Indices account types.

Non-Trading Fees

Deriv does not charge any deposit or withdrawal fees. However, there are some non-trading fees that clients need to be aware of. For instance, an inactivity fee of $5 per month is charged on accounts that have been inactive for more than 12 months. There is also a fee of $10 for each returned deposit or withdrawal, and a $25 fee for withdrawals to international bank accounts. Moreover, clients may incur additional fees for using certain payment methods such as credit cards or e-wallets. It is recommended that clients thoroughly review the fee schedule provided by Deriv before opening an account.

Trading Platform

Deriv offers its clients a variety of trading platforms to choose from, each with its own unique features and advantages. The DTtrader platform is a browser-based platform that is user-friendly and easy to navigate, making it suitable for beginner traders. It offers a wide range of trading instruments, including forex, commodities, cryptocurrencies, and stocks. The platform also comes with a built-in economic calendar and technical analysis tools to help traders make informed trading decisions.

The Deriv platform is a comprehensive trading platform that is suitable for both beginner and experienced traders. It offers advanced charting tools, customizable layouts, and a wide range of technical indicators. The platform is available as a desktop, web, and mobile application, providing traders with access to the markets from anywhere in the world.

For traders who prefer automated trading strategies, Deriv offers the DBot platform. This platform allows traders to create and test their own trading bots using simple drag-and-drop tools. It also provides access to pre-built trading bots that have been developed by other traders.

trading-platform
trading-platform

Trading Tools

Deriv offers a range of trading tools to help traders analyze the markets and manage their trades effectively. Some of the trading tools available on the platform include:

  • Swap calculator: This tool helps traders to calculate the swap fees incurred when holding positions overnight. It provides traders with the required swap rate and the amount of swap to be charged or credited to their accounts.

  • Margin calculator: The margin calculator is used to calculate the required margin for opening a new position based on the instrument traded, leverage, and trade size.

  • Pip calculator: This tool helps traders to calculate the value of a pip for a given currency pair, allowing them to estimate their potential profits or losses on a trade.

  • PNL for margin: The Profit and Loss calculator for margin is used to calculate the profit or loss of a trade based on the margin used. It takes into account the instrument traded, leverage, and trade size to provide an accurate estimate of the potential profit or loss on a trade.

trading-tools
trading-tools
trading-tools

Deposit & Withdrawal

Deriv offers various deposit and withdrawal methods for its clients, including bank wire transfers, credit/debit cards, e-wallets, and cryptocurrencies. The available payment options may vary depending on the client's country of residence.

For deposits, clients can use bank wire transfers, credit/debit cards (Visa, Mastercard, Maestro), and e-wallets (Neteller, Skrill, FasaPay, Jeton, Perfect Money, and Qiwi). Deposits made via e-wallets and credit/debit cards are usually processed instantly, while bank wire transfers may take a few business days to reflect in the trading account.

For withdrawals, clients can use bank wire transfers, e-wallets (Neteller, Skrill, FasaPay, Jeton, Perfect Money, and Qiwi), and cryptocurrencies (Bitcoin, Ethereum, Tether, and Litecoin). Withdrawals made via e-wallets and cryptocurrencies are usually processed within a few hours, while bank wire transfers may take up to 7 business days to reflect in the client's account.

It's important to note that some payment methods may have fees associated with them, and the processing time may also vary depending on the payment method and the client's country of residence. Deriv does not charge any fees for deposits and withdrawals, but clients may be subject to fees charged by the payment provider or the intermediary bank.

payment-methods

Customer Support

Deriv offers customer support through multiple channels, including live chat, email, and phone support. The customer support team is available 24/7 to assist traders with any questions or issues they may have. Additionally, Deriv has an extensive FAQ section on its website, which covers a wide range of topics, including account registration, deposits and withdrawals, trading platforms, and more.

One of the advantages of Deriv's customer support is its multilingual support team. The customer support team can assist traders in multiple languages, including English, Spanish, French, Portuguese, Chinese, and more. This allows traders from around the world to communicate effectively with the support team.

Another benefit of Deriv's customer support is its responsiveness. The live chat support team is typically available within seconds, and email and phone support requests are usually addressed within a few hours. Overall, Deriv's customer support is highly rated by traders, and the broker is committed to providing exceptional customer service.

However, one potential downside of Deriv's customer support is that it does not offer support through social media channels. Some traders may prefer to communicate through social media, and the lack of this option could be seen as a limitation.

payment-methods

Educational Resources

Deriv offers various educational resources to help traders improve their knowledge and skills. Some of the educational resources offered by Deriv include:

  • Trading guides: Deriv provides detailed trading guides that cover various topics such as forex trading, digital options trading, and contracts for difference (CFDs).

  • Video tutorials: The broker also offers video tutorials on its website that cover a wide range of topics such as how to use the trading platforms, technical analysis, and trading strategies.

  • Webinars: Deriv conducts regular webinars that cover a variety of topics related to trading. These webinars are conducted by experienced traders and are designed to provide traders with valuable insights and tips.

  • Economic calendar: Deriv provides an economic calendar that displays important upcoming economic events and their impact on the financial markets.

  • Trading contests: The broker also conducts trading contests that provide traders with an opportunity to test their skills and win prizes.

Conclusion

Based on the information available, Deriv (FX) Ltd is a suspected fake clone broker. It is important for traders to be cautious when dealing with such brokers and to thoroughly research and verify the legitimacy of a broker before opening an account or depositing funds. It is always recommended to choose a regulated broker with a good reputation in the industry to ensure the safety of your investments.

FAQs

  • Q: Is Deriv a regulated broker?

A: No, this Deriv is the trading name of Deriv (FX) Ltd, which is not regulated by any regulatory authority.

  • Q: What trading instruments does Deriv offer?

    A: Deriv offers a range of trading instruments, including forex, commodities, cryptocurrencies, stock indices, and synthetic indices.

  • Q: What are synthetic indices on Deriv?

    A: Synthetic indices on Deriv are proprietary financial instruments that simulate real-world market movements using algorithms. They are available for trading 24/7, unlike regular market indices that have trading hours.

  • Q: Does Deriv offer educational resources for traders?

    A: Yes, Deriv offers a range of educational resources such as video tutorials, trading guides, webinars, and market analysis to help traders improve their skills and knowledge.

  • Q: Is customer support available on Deriv?

    A: Yes, Deriv offers customer support via live chat, email, and phone in multiple languages.

Are the transaction costs and expenses of forex4you, deriv lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive forex4you and deriv are, we first considered common fees for standard accounts. On forex4you, the average spread for the EUR/USD currency pair is from 0.9 pips, while on deriv the spread is --.

Which broker between forex4you, deriv is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

forex4you is regulated by FSC. deriv is regulated by MFSA,VFSC,FSC.

Which broker between forex4you, deriv provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

forex4you provides trading platform including Classic Standard,Cent Pro,Classic Pro,Classic Fixed,Cent Fixed and trading variety including --. deriv provides trading platform including -- and trading variety including --.

Select Country/Region
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com