FxGecko's top 100 forex brokers you can refer to for selection. If it is not in the top 100, you should pay special attention to the broker's main white label relationships and risk tips.
Today, I want to help you evaluate a Forex broker. Some investors report that this Forex broker advertises high-yield investment opportunities online and wonder whether they are legal and safe.
The name of this broker is Deriv, founded 1 years ago and ranked 923 in the world.
The Deriv platform is regulated by the British Virgin Islands BVIFSC under SIBA/L/18/1114, by the Malta MFSA under C70156, by the St. Vincent FSA under 273, by the Vanuatu VFSC under 14556 and by the Malaysia FSA under MB/ All five of the above regulated have obtained financial services licenses and all fall under the category of over-the-horizon operations.
FxGecko risk warning shows that Deriv has 143 risks. Investors need to pay attention to the relevant risk alerts for this broker.
The Deriv platform has a total of 23 MT5 servers, of which 1 is in Ireland, 13 are in the USA and the remaining 9 are on the LAN.
The master white label relationship shows that Deriv has 11 associated brokers. You need to pay attention to whether the associated brokers are running away. This is the business risk of the brokers and the past business history, which can be used as an important reference condition for selecting brokers. The broker relationship data comes from the data of MetaQuotes.
FxGecko has currently received 2 complaints about Deriv Forex broker.
Investing is risky. FxGecko recommends you to check broker information on FxGecko before investing and avoid high risk trading platforms.