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Regulation & Reputation

When discussing Deriv Broker’s reputation, it has gained some awards from prominent analysts in the financial market. These are proof of the world-class service it offers to its clients over the years.
It also assures traders that they are working with a trustworthy and licensed broker. Deriv has recently opened its local office in Dubai, United Arab Emirates. To comply with regulations worldwide, the broker holds multiple licenses from different regulatory bodies. And these are the following:

• Labuan Financial Services Authority, Deriv (FX) Ltd, F16, Level 1, Paragon Labuan, Jalan Tun Mustapha, 87000 Labuan, Malaysia, licensed by Labuan Financial Services Authority (license no. MB/18/0024);
• British Virgin Islands Financial Services Commission, Deriv (BVI) Ltd, Kingston Chambers, P.O. Box 173, Road Town, Tortola, the British Virgin Islands, licensed by the British Virgin Islands Financial Services Commission (licence no. SIBA/L/18/1114);
• Vanuatu Financial Services Commission, Deriv (V) Ltd (view licence), 1276, Kumul Highway, Port Vila, Vanuatu, licensed and regulated by the Vanuatu Financial Services Commission; Champion Group Ltd (view licence), 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu, 
• Deriv (SVG) LLC, Hinds Buildings, Kingstown, St. Vincent, and the Grenadines.

Deriv operates in the European Union under Deriv Investments (Europe) Limited, W Business Centre, Level 3, Triq Dun Karm, Birkirkara BKR 9033, Malta, licensed Category 3 Investment Services provider by the Malta Financial Services Authority (licence no. IS/70156).

Hence, while trading with Deriv in the United Arab Emirates, you can rest assured of trading with a leading broker with an excellent reputation and recognition in the industry. Deriv has recently opened a local office in Dubai, the United Arab Emirates, to provide better services to its clients from GCC countries. Continue reading this Deriv Broker’s Review UAE for more information about the broker.

Deriv Account Types

Deriv.com has two types of trading accounts to offer to its clients. And these are the standard and a virtual account. DMT5 account is Deriv’s MT5 Account, available for trading CFD on Stocks, Forex, Commodity, and Synthetic Indices.

Deriv Demo Account

Binary.com offers a demo account for new traders to test out the trading platform. And strategies without having to risk any real money. It has $10,000 virtual cash. It also provides a tool for expert traders to backtest trading strategies and theories. 

Standard Account

You can start opening a standard trading account once you are ready to begin live trading. Deriv UAE requires a minimum deposit of $250 to open a live trading account.  Also, it requires a minimum deposit of just $5.

The process is simple and hassle-free. If you have registered for a demo account, the process to convert to a standard account is just a few clicks away. 

MT5 Account

The MetaTrader 5 is a multi-asset trading platform that is known as the global standard. With MT5, traders can trade CFDs on forex, cryptocurrency, and a range of various financial markets.

The software gives many of the features advanced traders need. And these are Stop loss, limit orders, advanced charting, trading strategy testing, and one-click trading. The ‘Standard’ MT5 account enhanced to ‘MT5 Financial ‘, and the ‘Advanced’ became ‘MT5 Financial STP ‘. The MT5 Synthetic Indices is known now as the ‘MT5 Synthetic’. The Meta trader offering at Binary.com continues to be upgraded and improve as time passes by.

Check out more Binary Options Brokers in UAE and Binary Brokers Review. Check out the Binary Options trading strategies section for a few effective strategies to increase your success.

Financial Instruments

Trade Contracts for Differences (CFDs) and Options with Deriv UAE. CFDs are a type of trading contract between a buyer and a seller, where the seller pays the buyer the difference in the price of an asset from when the contract was made to its current price. With Options, you have the right, but not the obligation, to buy or sell an asset at a specified price before a certain date.

Deriv is known for its advanced trading platform, which allows individuals to trade CFDs and options in various markets. These include:

• Forex: This is the foreign exchange market where you can trade different currencies. It’s one of the most liquid markets in the world.
• Derived Indices: These are unique to Deriv and based on randomly generated numbers. They simulate a real-world market and offer various trading opportunities 24/7.
• Stocks: Deriv allows you to trade CFDs on some of the biggest and most successful companies in the world. You can speculate on the price movements of these stocks without owning the actual shares.
• Stock Indices: These measure the value of a section of the stock market. It is computed from the prices of selected stocks. Essentially, it allows you to speculate on entire sectors or economies.
• Commodities: Deriv allows you to trade CFDs on commodities like oil, gold, silver, and more. This means you can speculate on the price movements of these commodities without actually owning them.
• Cryptocurrencies: With the increasing popularity of cryptocurrencies like Bitcoin, Ethereum, and others, Deriv allows you to trade CFDs on these digital currencies.
• Exchange Traded Funds (ETFs): These are investment funds and exchange-traded products, with shares that are tradable on a stock exchange. ETFs are designed to track the performance of a particular index, sector, commodity, or asset.

Deriv Trading Platforms

For CFDs:

• Deriv MetaTrader (Deriv MT5): This is a multi-asset platform that offers superior tools for comprehensive price analysis, the use of algorithmic trading applications, and copy trading. You can trade forex, stocks, commodities, and indices on this platform.
• Deriv cTrader: This platform provides an added level of market visibility and is designed with a range of innovative functionalities to enhance your trading experience. It offers fast entry and execution, level II pricing, and a full range of advanced order types.
• Deriv X: Deriv X is a customizable trading platform that lets you choose the look, feel, and functionality that suits your trading style. It offers various asset classes, including forex, commodities, and indices.

For Options:

• Deriv Trader: This platform provides a clear and simple interface for trading options. It offers a wide range of trade types and flexible contract durations.
• Deriv Bot: The Deriv Bot platform allows you to automate your trading strategies using a straightforward drag-and-drop function. It offers tools to develop strategies, including a martingale, digit matches, and digit differences.
• Deriv GO: This mobile application allows you to trade on the move. It offers an easy-to-use interface with all the functionalities of the desktop platform.
• Binary Bot: This is an automated trading platform that allows you to build your algorithms for automated binary options trading.
• SmartTrader: This is an intuitive and user-friendly platform for binary options trading. It offers a wide range of assets for trading, such as forex, indices, and commodities, with flexible trade durations.

Auto Trading with Deriv Bots and EAs

Deriv allows you to trade automatically using trading algorithms. The DBot feature allows you to implement your trading ideas into the Bot by a simple drag and drop feature. You need not know how to write scripts/codes and programming. You can design and test your Bot in just 5 easy steps, 1. Select your Asset, 2. Set Purchase Conditions, 3. Set Restart Conditions, 4. Run the Bot, and 5. Check your Profit. There are prebuilt strategies included along with indicators, you can try them while building your Bot. Always test your Bot in a Demo Account before you run it in your live account.

Deriv’s MT5 accounts come with all the amazing features of the popular MT5 Platform. You can freely use any Expert Advisors on its DMT5 platform. There are plenty of EAs available on the MQL5 Market place.

In addition to Deriv’s own algorithm trading features that allow traders to create their own Bot, they can also use MT2Trading Robot to trade Digital Options. Check out more about Binary Options Auto trading and Robot trading.

Deriv Deposit Options in the UAE

• Credit & Debit Cards: Users can make their deposits using different types of credit and debit cards, including Visa, MasterCard, Maestro, Diners Club International, and Discover. The minimum deposit required for this method is $10, and the transaction is processed instantly. This method is suitable for those who prefer a quick and convenient way to deposit funds.
• Online Banking: Deriv also offers the option of online banking. This allows users to make deposits directly from their bank accounts. The minimum deposit amount depends on the online banking platform used. The processing time is typically 1-2 working days, which makes it a good option for those who are not in a hurry to deposit funds.
• Mobile Payments: For those who prefer to pay on the go, Deriv offers mobile payment options. This method requires a minimum deposit of $5, and the transaction is processed immediately.
• E-wallets: This deposit option is another instant method available for Deriv users. The minimum deposit amount depends on the e-wallet used.
• Cryptocurrencies: Users can also deposit funds using cryptocurrencies. There is no minimum deposit requirement for this method and funds become available as soon as the transaction is confirmed. This is an ideal option for those who prefer to use digital currencies.
• On-ramp/ Off-ramp: This method allows users to send cryptocurrencies directly to their Deriv account and get credited in fiat currency. The minimum deposit depends on the method used, and the transaction is processed instantly.
• Voucher: This deposit option also has an instant processing time. However, the minimum deposit amount depends on the method used.
• Deriv P2P: This is a peer-to-peer deposit service offered by Deriv. It has a daily deposit limit of $500 and a processing time of a maximum of 1 hour. This deposit method is ideal for those who prefer to transact with other users directly.

Deriv Withdrawal Options in the UAE

• One of the most common withdrawal options is via credit and debit cards. For this option, the platform accepts cards from Visa, Mastercard, Maestro, etc. The minimum withdrawal limit is set at $10 and the maximum is capped at $10,000, which should be more than enough for most traders. The processing time for withdrawals to credit and debit cards is within one working day.
• Another withdrawal option is through online banking. With this method, the funds are sent directly to the user’s bank account. The minimum withdrawal limit for online banking depends on the specific online banking platform that the user is using. The processing time varies and can take anywhere between one to five working days depending on the method used.
• Deriv also offers mobile payment options. The minimum withdrawal limit for this method is $5, with a maximum limit of $1,000. The processing time for mobile payments is within one working day.
• E-wallet withdrawals are another popular option. However, the minimum withdrawal limit depends on the specific e-wallet service that the user chooses to use, and the processing time is within one working day.
• On-ramp and off-ramp options allow users to withdraw crypto directly from their Deriv account, which is then credited in fiat. The minimum withdrawal limit depends on the method used, and the processing time is within one working day.
• For users who prefer prepaid options, they can use a voucher. This option is only applicable when using a Paysafecard or Jeton Cash. The minimum withdrawal limit on Paysafecard is $5, with a maximum of $1,000. For Jeton Cash, the minimum withdrawal is $10, with a maximum of $250. The processing time for voucher withdrawals is instant.
• Lastly, Deriv offers a peer-to-peer (P2P) withdrawal service. The daily withdrawal limit for this service is $500, and the processing time is a maximum of one hour. 

Is Deriv Legal in the UAE?

Deriv trading platform is allowed in the United Arab Emirates (UAE). This means people living in the UAE can use this platform to trade in different financial markets without any restrictions. Deriv broker follows all UAE rules and laws, making sure it provides a safe and regulated place for users to trade. It has built trust through its clear operations and by following international standards. So, people in the UAE can use Deriv broker for trading without any worries.

Is Deriv Dubai safe to trade with?

Deriv Dubai is a safe place for options trading and can be used by traders of all skill levels. It follows strict rules and uses advanced technology to protect user information and money. This platform provides a lot of trading services and tools such as market analysis, real-time graphs, and features for managing risk. It also gives learning materials for new traders, helping them understand and move around the complicated world of options trading. Because it’s easy to use and very secure, Deriv Dubai is a popular choice for options trading in the UAE and other places.

Frequently Asked Questions about Deriv Broker UAE

Is Deriv broker legal in UAE?

Yes, it is legal to carry out financial transactions and trading activities with Deriv.com in UAE. It complies with multiple international financial regulators, hence your funds are safe with Deriv.com.

Can I trade Binary Options with Deriv UAE?

Yes, You can trade Binary Options and other financial instruments like Forex and CFD on hundreds of assets and indices. Deriv trading platform provides you 24 – 7 trading opportunity, so never miss a potential trading opportunity.

What are the funding methods available for UAE traders?

Deriv.com accepts credit or debit cards with VISA or Mastercard logo. They also accept e-Wallet services like Neteller, Skrill, WebMoney, Jeton, Qiwi Wallet, Yandex, Fasapay, and STICPAY. You can also deposit by using Cryptocurrencies like Bitcoin, Ethereum, Litcoin, and Tether, etc. If you face any trouble while depositing funds, you can always ask for help from customer service.

How can I withdraw funds from Deriv?

The traders can withdraw funds after verifying their accounts. Account verification is a simple process and takes few hours after you upload your documents for verification. It is an international regulatory requirement to prevent money laundering and illegal financial transactions. After verifying your account you can withdraw funds from your Deriv account to your bank accounts via bank cards, wire transfer, and e-Wallets.

Are Deriv and Binary.com the same?

Yes, they are the same. Binary.com has recently rebranded itself with the new name Deriv.com. You can use your credentials at Binary.com at Deriv.com, there is no need to create a separate account.

Is Deriv Broker safe in UAE?

Deriv.com is an excellent online trading platform due to the expiry time that can be as short as 1 tick options trading. But, trading binary options may not be right for all. Options and CFD trading have a high level of risk since leverage can be both an advantage and a disadvantage. The products offered on the website may not be for all traders due to the risk of losing all of your investment. Keep in mind that you should never invest money that you cannot risk losing.

Deriv Review UAE – Conclusion

Deriv, formerly known as Binary.com, is one of the trusted online trading platforms for traders of all levels.  It has completed more than twenty years of service in the financial markets and has established itself as a trusted broker worldwide. Hence the traders from Dubai and the United Arab Emirates can trust Deriv for a transparent and reliable trading platform.