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    Deriv

    1-2 years
    |
    Suspicious Regulatory License
    |
    Non MT4/5 Software
    |
    Suspicious Scope of Business

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    License Index

    0.0

    Business Index

    5.28

    Risk Management Index

    0.0

    Software Index

    4.0

    Regulatory Index

    0.0

    Licenses

    Malta Financial Services Authority

    Market Making(MM)

    MFSA Suspicious Clone

    Vanuatu Financial Services Commission

    Retail Forex License

    VFSC Suspicious Clone

    British Virgin Islands Financial Services Commission

    Retail Forex License

    FSC Suspicious Clone

    Overview

    • Company Name:

      Binary Investments (Europe) Ltd
    • Company Abbreviation:

      Deriv
    • Place of registration:

      DerivMalta
    • Regulatory Status:

      Suspicious Clone
    • Customer Service Email Address:

      support@deriv.com
    • Customer Service Phone Number:

      +44 1942 316229
    • Company summary

      Deriv's story began in 1999, the year Regent Markets was founded by an entrepreneur in partnership with a financial mathematician to develop algorithms for the world's first fixed-odds trading system for retail investors. 2000 saw Regent Markets' first office in Malta, where it acquired its first binary options. In 2001, Regent Markets launched BetOnMarkets.com, the first platform to offer binary options to retail traders. In 2004, Regent Markets opened a second office in Malaysia, and in 2013, BetOnMarkets.com was renamed Binary.com. The new brand had more robust features and new market ranges. In 2005, the Malta Financial Services Authority (MFSA) granted Binary.com a Class III investment services license, authorizing Binary.com to offer investment services to EU investors. Binary.com added CFDs, the most popular form of derivatives trading used by retail traders in 2016. In 2018, Binary.com opened its third office in Labuan, Malaysia, and in 2019, it opened offices in Dubai and Paraguay. Deriv.com continue About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    Warning: Low score, please stay away!

    Previous Detection: 2021.05.09 Risk: 8 Item

    • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
    • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    • The MaltaMFSA regulatory (license number: C 70156) claimed by this broker is a suspicious clone, please be aware of the risk!
    • The The Virgin IslandsFSC regulatory (license number: SIBA/L/18/1114) claimed by this broker is a suspicious clone, please be aware of the risk!
    • The VanuatuVFSC regulatory (license number: Unreleased) claimed by this broker is a suspicious clone, please be aware of the risk!
    • The The Virgin IslandsFSC regulatory with license number: SIBA/L/18/1114 is an offshore regulatory, please be aware of the risk!
    • The VanuatuVFSC regulatory with license number: Unreleased is an offshore regulatory, please be aware of the risk!
    • Current data shows that this broker is using Non MT4/5 Software

    WikiFX Verification

    WikiResearch

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Brand Launch

    • Search Source

    • Language

    Last Updated Time 2021-05
    Malta Financial Services Authority

    Malta Financial Services Authority (MFSA)

    The Malta Financial Services Authority (MFSA) is the single regulator of financial services in Malta established on 23 July 2002 through the Act of Parliament (Chapter 330 of the Laws of Malta). MFSA’s main functions are the protection of consumers, integrity of financial markets, financial stability and the supervision of all financial services activities,which include banking, financial institutions, payment institutions, insurance companies and insurance intermediaries, investment services companies and collective investment schemes, securities markets, recognised investment exchanges, trust management companies, company services providers and pension schemes. MFSA also holds an advisory role to Government in the formulation of policies on matters relating to the financial services industry.

    • Licensed Institution :

      Binary Investments (Europe) Ltd

      Effective Date :

      2015-05-19
    • Email Address of Licensed Institution :

      joanna@binary.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.Binary.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      LEVEL 3, W BUSINESS CENTRE, TRIQ DUN KARM, BIRKIRKARA,MALTA

      Phone Number of Licensed Institution :

      21315791
    • Licensed Institution Certified Documents :

      Deriv MFSA牌照 View Certified Documents Binary Investments MFSA20200915更新 View Certified Documents
    Vanuatu Financial Services Commission

    Vanuatu Financial Services Commission (VFSC)

    The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, the VFSC was the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management. The VFSC has set up four departments, namely Corporate Services, Legal Enforcement & Insolvency, Supervision and Registration.

    • Licensed Institution :

      Binary (V) Ltd

      Effective Date :

      2020-01-03
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      Deriv-VFSC牌照200516 View Certified Documents Deriv VFSC牌照 View Certified Documents Deriv-VFSC牌照201130 View Certified Documents
    British Virgin Islands Financial Services Commission

    British Virgin Islands Financial Services Commission (FSC)

    The enactment of the Financial Services Commission Act in December 2001 established the British Virgin Islands Financial Services Commission (FSC) as an autonomous regulatory authority responsible for the permission, regulation, supervision of all financial services in and from within the BVI, which includes insurance, banking, fiduciary services, trustee business, company management, investment business, and insolvency services, as well as the registration of companies, limited partnerships and intellectual property. Since 2002, FSC assumed the responsibility for functions previously carried out by the Government through the Financial Services Department. FSC, as financial services regulator, is also responsible for promoting public understanding of the financial system and its products, policing the perimeter of regulated activity, reducing financial crime, and preventing market abuse.

    • Licensed Institution :

      Binary (BVI) Ltd.

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      Deriv FSC牌照 View Certified Documents

    Deriv · MT4/5

    Identification Result

      Deriv · Website

      Most visited countries/areas

          No content

          No data

          Load failure

          Load failure

          Deriv· Genealogy

          Deriv · Clones

          Deriv · Market Analysis

          The data are from WIKI Research    2021.05.09 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          Deriv · Survey×

          Special Note

          ×
          Deriv

          1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

          1.pngWikiFX will not disclose your personal information to third parties.

          1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

          1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

          根據香港證券及期貨事務監察委員會的規定

          為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

          Alternate Text

          Data Sources WikiResearch 2021.05.09 Update

          数据样本不足

          Data Sources WikiResearch 2021.05.09 Update

          Deriv · Chart
          Date

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
          富拓 · 外链汇总

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.05.09 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          Deriv
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Confirm
          Deriv · Company summary

            Basic Information & Regulation of Deriv

            Deriv's story began in 1999, the year Regent Markets was founded by an entrepreneur in partnership with a financial mathematician to develop algorithms for the world's first fixed-odds trading system for retail investors. 2000 saw Regent Markets' first office in Malta, where it acquired its first binary options. In 2001, Regent Markets launched BetOnMarkets.com, the first platform to offer binary options to retail traders. In 2004, Regent Markets opened a second office in Malaysia, and in 2013, BetOnMarkets.com was renamed Binary.com. The new brand had more robust features and new market ranges. In 2005, the Malta Financial Services Authority (MFSA) granted Binary.com a Class III investment services license, authorizing Binary.com to offer investment services to EU investors. Binary.com added CFDs, the most popular form of derivatives trading used by retail traders in 2016. In 2018, Binary.com opened its third office in Labuan, Malaysia, and in 2019, it opened offices in Dubai and Paraguay. Deriv.com continues its global expansion with the opening of offices in Cyprus and Rwanda, as well as two new offices in Ipoh and Malaysia to strengthen its Malaysian presence.

            Security Analysis of Deriv

            As you can see on the official website of Deriv, although the Deriv platform is launched by Binary.com, Deriv itself is not regulated in any way, and the Malta MFSA is licensed by Binary.com and not Deriv.

            The first and most rigid criterion to determine whether a trading platform is safe is whether it is appropriately regulated. Unregulated brokers cannot provide security for investors' funds. Investors should especially look for the real licensee, regulatory number, and whether the registered address of the broker is the same as the actual office address when checking the broker's license to avoid loss of funds.

            Market Instruments

            Deriv offers traders a wide range of financial products, including Forex currency pairs, composite indices, stock indices, and commodities.

            Trading Types of Deriv

            Deriv offers three types of trading, namely margin trading, options trading, and multiplier options trading. Margin trading allows investors to purchase larger units of assets at a fraction of the cost while expanding potential profits but also increasing potential losses at the same time. Options trading allows payouts to be obtained by predicting market movements without the need to purchase the underlying asset—trading digital options at forex. Multiplier options allow trading with leverage while limiting the downside risk of an investment. Traders can increase their potential profits to the limit by multiplying any market movement by several times without having to take on more risk than their initial investment.

            Trading Platforms Available

            Deriv offers traders a choice of trading platforms, mainly Dtrader, DBot, DMT5, and SmartTrader. DMT5 is an all-in-one Forex and CFD trading platform.

            Deposit and Withdrawal of Deriv

            Deriv accepts deposits and withdrawals from traders' investment accounts via bank transfer, debit/debit cards, e-wallets, and cryptocurrency payments.


          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.