6 Simple Factors Why Deriv Should Become Your Trusted Broker
There are 6 factors why you should prefer dealing with Deriv, which are:
- Risk management awareness
- Deposits security and assurance
- User friendly platforms
- Efficient help center
Good performance History
There is a good track record for Deriv Group – the owners of the Deriv and Binary.com brands – has a history that dates back to 1999 when they laid the groundwork for the world’s first fixed-odds trading service. Since then they have had a massive growth and expansion, they have moved from continent to continent serving thousands upon thousands of traders, up to date they never let down their clients are happy traders.
Deriv is a Licensed and regulated broker under several entities which includes the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority (Labuan FSA), the Vanuatu Financial Services Commission (VFSC), and the British Virgin Islands Financial Services Commission, all mentioned institutions bring a good balance and check to all its operations.
Risk awareness and management
There is a danger when people trade without proper risk management, other brokers which I will not mention by name are as eloquently silent on this subject matter. Which is not the same with Deriv, they look out for their customers’ best interests and encourage them to practise secure and safe trading. If you are new to this, you can also practise trading with a demo account which they will provide you. There is quite a number of risk management inbuilt tools they will provide you with, and unlimited information.
Money security and assurance
As long as you deposit with Deriv, your money is safe and secured, Deriv does not use your money for its business interests or any secondary use, your money will be available to you for withdrawal any time you choose fit. Your money is stored and held in a secured, separate financial institutions. In this way your deposits remain safe and independent no way linked to Deriv funds, in case the Broker becomes insolvent and has to be liquidated by law you will not lose your investment
User friendly platforms
It is easy for everyone even beginners to start trading on Deriv, understand risk, and make better trading decisions. Tools and platforms they provide like Dmt5 which have clear and simple instructions and are intuitively easy to navigate. They also regularly provide market news, analysis, webinars, ebooks, video tutorials and articles to help you stay informed and become a better trader.
Efficient help center
They are available and reachable both day and night, the support team is on live chat 24/7 – even on weekends. You can access the online help centre where you will be quickly assisted by employees and fellow Deriv trading community. Its one email quick response especial during working hours.
Bottom line (all about financial safety)
They offer SSL encryption to protect your account and personal data, when you are trading with Deriv then be rest assured that none of your operations will ever go public, when you access your account using another device the system will notify you first and you have to confirm it through your formal email. They offer as well a two way Authenticator that generates login in codes to block all other users to hack through your account.