Deriv

Title: New Kind of Fraud – Beware of DerivI am compelled to share my harrowing experience with Deriv to warn fellow traders about a severe security breach that cost me $10,000. Despite adhering to all recommended security measures, including changing my password and enabling two-factor authentication, unauthorized and automated trades were executed on my account.When I contacted Deriv's support team, their response was utterly dismissive and insufficient. They claimed there were no signs of unauthorized access and suggested I follow basic security protocols, which I had already implemented. My demands for specific details about the last logins to my account, including IP addresses and server addresses, were blatantly ignored. Furthermore, they failed to provide any explanation about who executed these unauthorized trades.This situation is a glaring indication of a profound security flaw within Deriv's platform. It is unacceptable for a trading platform to shirk its responsibility in safeguarding users' accounts and to dismiss legitimate concerns without proper investigation.I have irrefutable evidence, including screenshots of every unauthorized trade and all communications with Deriv’s customer service. Despite presenting this evidence, Deriv has done nothing to rectify the situation. Their failure to respond adequately to such a critical issue raises serious doubts about their platform’s integrity and reliability.I am escalating this matter to local and global financial regulatory authorities and will continue to expose this issue on platforms like Trustpilot. I strongly urge potential users to reconsider using Deriv for their trading activities.Until Deriv takes decisive action to investigate this incident and return my $10,000, I will persist in highlighting this new kind of fraud. Deriv's failure to address these concerns not only tarnishes their reputation but also poses a significant risk to other traders.Protect yourself and stay vigilant.Regards,Muhammad Asad Ullah Ahmad923004031820

I recommend them to add strategies in addition such as trading view platform on Deriv. I tried the withdrawal personally, less than 24 hours achieved.

I have been working with Deriv for almost 3 years, it is unique, the speed of operation is excellent, the spread is low, the commission is high, but it is excellent in MetaTrader.

I like the absence of minimum deposit requirements in the company. On some trading platforms, of which there are four, you need to deposit from 10 USD to the balance, others allow you to start with at least 1 USD. In this case, leverage can be used up to 1:1000!

Deriv does not fulfill its obligations to its clients. On the company's website, they promise that trades are executed accurately and the quotes here are market ones. In fact, I recently noticed that trades were closed earlier or later due to the fact that there was a loss. This is some kind of manipulation on Deriv’s part.

The commission-free trading, absence of deposit and withdrawal fees, and negative balance protection are notable advantages of this broker. Yet, conditions depend on the entity you trade with, so we advise opening an account with the European branch for better protection.

I'm a beginner trader and I was looking for a forex broker that would be easy to use and have a lot of educational resources. Deriv was the perfect choice for me. Their platform is user-friendly and their educational materials are top-notch. I'm confident that I'll be able to become a successful trader with Deriv's help

Be Cautious! YOU CANNOT WITHDRAW YOUR FUNDS!!! I have been tried to withdraw mine for 2 weeks but without any results. Terrible!

The whole portal interface is pretty bad...... not sure if the spreads are as terrible as this. Or maybe it is a totally scam. Good luck getting your money withdrawn! Terrible services overall.