Overview of Deriv

There are two brokers named Deriv, which can cause confusion:

One company is registered in Malta and is commonly known as Deriv.com, with its company name: Binary.com. In 2013 Binary.com rebranded to Deriv. They are a legitimate online trading platform offering forex, commodities, cryptocurrencies, and more, with regulation from the Malta Financial Services Authority (MFSA) and other regulatory bodies.

The other company, also named Deriv (FX) Ltd, is suspected to be a clone or fake broker. There is limited information available about this company, and it is not clear whether they are regulated or offer legitimate trading services.

Is Deriv legit or a scam？

Please note that this Deriv is the trading name of Deriv (FX) Ltd, and this company is not regulated or authorized by any other regulatory authorities. More clearly, this broker is using another legit Deriv's url website to confuse people and it is a clone broker.

Trading with a cloned forex broker carries a high risk as these brokers are not authorized or regulated by any legitimate regulatory body. These cloned brokers often use the names, logos, and websites of established and reputable brokers to deceive traders into believing that they are dealing with a legitimate broker.

Cloned brokers often offer attractive trading conditions such as low spreads, high leverage, and bonuses to lure unsuspecting traders into depositing funds into their accounts. Once traders deposit their funds, they may find that it is impossible to withdraw their money or receive any support from the cloned broker.

Pros and Cons

Based on the available information, it has been reported that Deriv is a suspected clone broker, which means that it is not a legitimate or regulated financial entity. Therefore, it is highly recommended to avoid trading with this broker. It is important to trade with a regulated and reputable broker to ensure the safety of your funds and investments. In conclusion, as there are no pros to trading with an unregulated and potentially fraudulent broker, it is advisable to consider reputable alternatives.

Market Intruments

Deriv offers a wide range of market instruments for traders to trade on, including forex currency pairs, commodities, cryptocurrencies, indices, and synthetic indices. Forex currency pairs include major, minor, and exotic pairs, while commodities include precious metals, energies, and agricultural products. Traders can also trade on popular indices such as the S&P 500, FTSE 100, and Nikkei 225. Deriv also offers trading on popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Additionally, traders can trade on synthetic indices, which are proprietary indices designed to simulate the behavior of real-world markets.

Account Types

Deriv offers different account types to cater to the varying needs and preferences of traders.

Synthetic Account: This account provides access to synthetic markets, which are artificial markets that simulate real-world market conditions. It requires a minimum deposit of $1 and offers leverage of up to 1:1000.

Financial account: Deriv also provides a financial account, which is specifically designed for trading on financial instruments. This account offers a higher leverage of up to 1:1000, allowing traders to maximize their trading potential. Additionally, traders can access a wide range of financial instruments, including stocks, bonds, and commodities.

Financial STP Account: This account is designed for traders who prefer to trade with Straight Through Processing (STP) execution. It requires a minimum deposit of $100 and provides access to over 50 tradable assets, including forex, commodities, and cryptocurrencies. The account also offers leverage of up to 1:100.

Demo Account

Deriv offers a demo account for traders who want to practice trading without risking real money. The demo account is a simulation of the live trading environment, and it comes with $10,000 in virtual funds that can be used to place trades in a risk-free setting. The demo account allows traders to test the trading platform, try out different trading strategies, and get a feel for the market conditions before investing real money. The demo account is available for all account types, including financial account. It is a great way for new traders to learn how to trade and for experienced traders to test out new strategies.

How to open an account？

1. Go to the Deriv website and click on “Create free demo account” or “Sign up for free” to create a demo or real account, respectively.

1. Fill in your personal information, such as your name, email address, and phone number.

2. Choose the account type that you want to open, such as a real or demo account.

3. Agree to the terms and conditions and submit your application.

4. Once your application is approved, you can fund your account and start trading.

Leverage

Leverage is a critical component of trading that allows traders to control more significant positions in the market with a smaller amount of capital. Deriv offers various leverage options for traders, depending on the type of account and trading instrument. For forex trading, the maximum leverage offered is up to 1:1000 for professional clients and 1:30 for retail clients. For commodities, indices, and cryptocurrencies, the maximum leverage offered is up to 1:200 for professional clients and 1:5 for retail clients.

It's essential to understand the risks involved with leverage trading and how to use it properly to avoid significant losses. Deriv provides education and resources for traders to understand leverage and its impact on trading. Traders can also adjust their leverage levels according to their risk appetite and trading strategies. It's crucial to note that high leverage comes with high risks, and traders should exercise caution when using leverage in their trading activities.

Spreads & Commissions (Trading Fees)

The exact spreads and commissions vary depending on the account type and trading instrument. Here's a brief overview of the spreads and commissions offered by Deriv:

For forex trading, the spreads start from 0.5 pips for major currency pairs such as EUR/USD, GBP/USD, and USD/JPY. The spreads for minor and exotic currency pairs are slightly higher, ranging from 1.0 to 3.0 pips.

For commodities, the spreads start from as low as 0.01 pips for Gold and 0.03 pips for Silver. For other commodities such as Crude Oil and Natural Gas, the spreads range from 0.3 to 3.0 pips.

For indices trading, the spreads start from as low as 0.5 pips for major indices such as the US 500 and Germany 30. For other indices, the spreads range from 1.0 to 3.0 pips.

Deriv charges a commission of $1 for forex trading and $0.50 for commodities and indices trading. However, the commission is only applicable to certain account types such as the Financial and Synthetic Indices account types.

Non-Trading Fees

Deriv does not charge any deposit or withdrawal fees. However, there are some non-trading fees that clients need to be aware of. For instance, an inactivity fee of $5 per month is charged on accounts that have been inactive for more than 12 months. There is also a fee of $10 for each returned deposit or withdrawal, and a $25 fee for withdrawals to international bank accounts. Moreover, clients may incur additional fees for using certain payment methods such as credit cards or e-wallets. It is recommended that clients thoroughly review the fee schedule provided by Deriv before opening an account.

Trading Platform

Deriv offers its clients a variety of trading platforms to choose from, each with its own unique features and advantages. The DTtrader platform is a browser-based platform that is user-friendly and easy to navigate, making it suitable for beginner traders. It offers a wide range of trading instruments, including forex, commodities, cryptocurrencies, and stocks. The platform also comes with a built-in economic calendar and technical analysis tools to help traders make informed trading decisions.

The Deriv platform is a comprehensive trading platform that is suitable for both beginner and experienced traders. It offers advanced charting tools, customizable layouts, and a wide range of technical indicators. The platform is available as a desktop, web, and mobile application, providing traders with access to the markets from anywhere in the world.

For traders who prefer automated trading strategies, Deriv offers the DBot platform. This platform allows traders to create and test their own trading bots using simple drag-and-drop tools. It also provides access to pre-built trading bots that have been developed by other traders.

Trading Tools

Deriv offers a range of trading tools to help traders analyze the markets and manage their trades effectively. Some of the trading tools available on the platform include:

• Swap calculator: This tool helps traders to calculate the swap fees incurred when holding positions overnight. It provides traders with the required swap rate and the amount of swap to be charged or credited to their accounts.

• Margin calculator: The margin calculator is used to calculate the required margin for opening a new position based on the instrument traded, leverage, and trade size.

• Pip calculator: This tool helps traders to calculate the value of a pip for a given currency pair, allowing them to estimate their potential profits or losses on a trade.

• PNL for margin: The Profit and Loss calculator for margin is used to calculate the profit or loss of a trade based on the margin used. It takes into account the instrument traded, leverage, and trade size to provide an accurate estimate of the potential profit or loss on a trade.

Deposit & Withdrawal

Deriv offers various deposit and withdrawal methods for its clients, including bank wire transfers, credit/debit cards, e-wallets, and cryptocurrencies. The available payment options may vary depending on the client's country of residence.

For deposits, clients can use bank wire transfers, credit/debit cards (Visa, Mastercard, Maestro), and e-wallets (Neteller, Skrill, FasaPay, Jeton, Perfect Money, and Qiwi). Deposits made via e-wallets and credit/debit cards are usually processed instantly, while bank wire transfers may take a few business days to reflect in the trading account.

For withdrawals, clients can use bank wire transfers, e-wallets (Neteller, Skrill, FasaPay, Jeton, Perfect Money, and Qiwi), and cryptocurrencies (Bitcoin, Ethereum, Tether, and Litecoin). Withdrawals made via e-wallets and cryptocurrencies are usually processed within a few hours, while bank wire transfers may take up to 7 business days to reflect in the client's account.

It's important to note that some payment methods may have fees associated with them, and the processing time may also vary depending on the payment method and the client's country of residence. Deriv does not charge any fees for deposits and withdrawals, but clients may be subject to fees charged by the payment provider or the intermediary bank.

Customer Support

Deriv offers customer support through multiple channels, including live chat, email, and phone support. The customer support team is available 24/7 to assist traders with any questions or issues they may have. Additionally, Deriv has an extensive FAQ section on its website, which covers a wide range of topics, including account registration, deposits and withdrawals, trading platforms, and more.

One of the advantages of Deriv's customer support is its multilingual support team. The customer support team can assist traders in multiple languages, including English, Spanish, French, Portuguese, Chinese, and more. This allows traders from around the world to communicate effectively with the support team.

Another benefit of Deriv's customer support is its responsiveness. The live chat support team is typically available within seconds, and email and phone support requests are usually addressed within a few hours. Overall, Deriv's customer support is highly rated by traders, and the broker is committed to providing exceptional customer service.

However, one potential downside of Deriv's customer support is that it does not offer support through social media channels. Some traders may prefer to communicate through social media, and the lack of this option could be seen as a limitation.

Educational Resources

Deriv offers various educational resources to help traders improve their knowledge and skills. Some of the educational resources offered by Deriv include:

• Trading guides: Deriv provides detailed trading guides that cover various topics such as forex trading, digital options trading, and contracts for difference (CFDs).

• Video tutorials: The broker also offers video tutorials on its website that cover a wide range of topics such as how to use the trading platforms, technical analysis, and trading strategies.

• Webinars: Deriv conducts regular webinars that cover a variety of topics related to trading. These webinars are conducted by experienced traders and are designed to provide traders with valuable insights and tips.

• Economic calendar: Deriv provides an economic calendar that displays important upcoming economic events and their impact on the financial markets.

• Trading contests: The broker also conducts trading contests that provide traders with an opportunity to test their skills and win prizes.

Conclusion

Based on the information available, Deriv (FX) Ltd is a suspected fake clone broker. It is important for traders to be cautious when dealing with such brokers and to thoroughly research and verify the legitimacy of a broker before opening an account or depositing funds. It is always recommended to choose a regulated broker with a good reputation in the industry to ensure the safety of your investments.

FAQs

• Q: Is Deriv a regulated broker？

A: No, this Deriv is the trading name of Deriv (FX) Ltd, which is not regulated by any regulatory authority.

• Q: What trading instruments does Deriv offer？

  A: Deriv offers a range of trading instruments, including forex, commodities, cryptocurrencies, stock indices, and synthetic indices.

• Q: What are synthetic indices on Deriv？

  A: Synthetic indices on Deriv are proprietary financial instruments that simulate real-world market movements using algorithms. They are available for trading 24/7, unlike regular market indices that have trading hours.

• Q: Does Deriv offer educational resources for traders？

  A: Yes, Deriv offers a range of educational resources such as video tutorials, trading guides, webinars, and market analysis to help traders improve their skills and knowledge.

• Q: Is customer support available on Deriv？

  A: Yes, Deriv offers customer support via live chat, email, and phone in multiple languages.

Overview of au Kabucom Securities

au Kabucom Securities is an online brokerage company and is the core company of Mitsubishi UFJ Financial Group (MUFG Group)s online financial services. It is a Japan-based company mainly engaged in financial product trading business through the net, as well as related business. The Company is engaged in the provision of brokerage, trading, offering and sale of securities. It also provides bank agency business, foreign exchange margin trading business and other financial services.

Founded in 1999, it operates under the regulation of the Financial Services Agency (FSA). The company offers a diverse range of tradable assets, including stocks, margin transactions, IPO/PO, ETF/ETN/REIT, free ETF, petit shares, tender offer, investment trust, FX (Forex Margin Trading), futures/options trading, bonds (foreign bonds), foreign currency-denominated MMF, and CFD (Share 365). The trading platforms provided by au Kabucom Securities are au Kabucom FX Navi for forex trading and au Kabucom FX for iPhone/Android as a mobile app. The company supports customer inquiries through email and phone. Various payment methods, such as net transfer, account transfer, direct debit (automatic debit), direct debit (real-time fund transfer), and direct debit (automatic debit from other financial institutions) are available. For educational purposes, au Kabucom Securities offers informative movies, events, face-to-face seminars, an Investment Information Office, investment guides and courses, reports, and social networking services (SNS).

Is au Kabucom Securities legit or a scam？

au Kabucom Securities is a financial institution that operates as a securities broker in Japan. It is authorized and regulated by the Financial Services Agency (FSA), which is the regulatory body responsible for overseeing the financial industry in Japan. The regulatory license number assigned to au Kabucom Securities is 関東財務局長(金商)第61号, which signifies its registration and compliance with the FSA's regulations.Being authorized and regulated by the FSA indicates that au Kabucom Securities has met the necessary requirements and standards set by the regulatory authority.

The FSA's oversight ensures that the company operates in a fair, transparent, and compliant manner, protecting the interests of investors and maintaining the integrity of the financial markets.As a regulated entity, au Kabucom Securities is expected to adhere to various regulatory guidelines, such as conducting thorough customer due diligence, implementing robust risk management systems, maintaining adequate financial resources, and providing transparent disclosure of information to its clients. Regular audits and inspections may be conducted by the FSA to ensure compliance with these regulations and to safeguard the interests of investors.

Pros and Cons

au Kabucom Securities offers a wide range of tradable assets and is backed by the reputable Mitsubishi UFJ Financial Group. It is regulated by the Financial Services Agency, providing a sense of security for investors. The company provides informative educational resources to enhance investors' understanding of the market.

However, there are areas for improvement. Information about account types is lacking, making it difficult for potential clients to choose the most suitable option. The selection of trading platforms is limited, which may not meet the preferences of all traders. Customer support options are somewhat limited, with email and phone support available, but lacking additional channels like live chat or dedicated account managers.

Products and Services

au Kabucom Securities offers a wide range of products to cater to different investment needs and preferences. Here are the various products available:

1. Stocks: au Kabucom Securities provides opportunities to invest in stocks, including in-kind stocks where you can directly own shares of companies.

2. Margin Transaction (System/General): Margin trading allows investors to trade stocks with borrowed funds, potentially amplifying their investment returns. au Kabucom Securities offers margin trading services through both system-based and general methods.

3. Initial Public Offering (IPO)/Public Offering Sale (PO): au Kabucom Securities enables participation in initial public offerings and public offering sales, giving investors a chance to invest in newly listed companies.

4. ETF/ETN/REIT: au Kabucom Securities offers exchange-traded funds (ETFs), exchange-traded notes (ETNs), and real estate investment trusts (REITs) for diversifying investment portfolios across different asset classes.

5. Free ETF (Commission-Free Exchange Traded Fund): au Kabucom Securities provides commission-free trading for certain listed ETFs, allowing investors to save on transaction costs.

6. Petit Shares (Shares Less Than One Unit): au Kabucom Securities facilitates trading of fractional shares, enabling investors to own a portion of a share rather than purchasing a full unit.

7. Tender Offer (TOB): au Kabucom Securities allows investors to participate in tender offers, which are offers made by a company to purchase shares from existing shareholders.

8. Investment Trust: au Kabucom Securities offers investment trust products, which are professionally managed funds that pool money from multiple investors to invest in a diversified portfolio of assets.

9. FX (Forex Margin Trading): Investors can engage in forex margin trading through au Kabucom Securities, speculating on the price movements of different currency pairs.

10. Futures/Options Trading: au Kabucom Securities provides access to futures and options trading, allowing investors to trade contracts based on underlying assets such as commodities, indices, or currencies.

11. Bonds (Foreign Bonds): au Kabucom Securities offers the opportunity to invest in foreign bonds, providing diversification and potential fixed-income returns.

12. Foreign Currency Denominated MMF: au Kabucom Securities facilitates investments in foreign currency-denominated money market funds, which provide short-term liquidity and potential currency exposure.

13. CFD (Share 365): au Kabucom Securities offers contracts for difference (CFDs) specifically for shares, allowing investors to speculate on the price movements of shares without owning the underlying asset.

Account Types

au Kabucom Securities did not say what kind of accounts were offered. Other traders, such as AMarkets, are much better, which offer a total of 4 account types, including crypto, fixed, standard, and ECN, with an Islamic account option for traders who adhere to Islamic rules on trading, catering to diverse needs of various traders.

How to Open an Account？

To open an account with au Kabucom Securities, you can follow these general steps:

1. Visit the au Kabucom Securities website: Go to https://kabu.com/.

2. Navigate to the account opening section: Look for the “Account Opening” option on the website. It is typically located in the main menu or prominently displayed on the homepage.

3. Choose the type of account: Select the appropriate account type for your requirements.

4. Start the application process: You may be directed to an online application form or prompted to download and fill out a physical application form. Provide the necessary details accurately and completely. This typically includes personal information, contact details, employment information, and financial information. Follow the instructions provided and ensure all required fields are filled in.

5. Agree to terms and conditions: Read and understand the terms and conditions of opening an account with au Kabucom Securities. If you agree to the terms, confirm your acceptance by checking the appropriate box or signing the physical application form.

6. Review and submit: Before submitting your application, review all the provided information to ensure its accuracy. Make any necessary corrections or adjustments. Once you are satisfied, submit the application form through the online submission process or by mailing it to the designated address.

7. Account verification and approval: After submitting your application, au Kabucom Securities will review your information and documents. Once your application is approved, you will receive confirmation and instructions on how to fund your account.

Spreads &Commissions

au Kabucom Securities offers commission-free forex trading, where the trading cost is incorporated into the spreads. Here are the approximate spreads for some currency pairs:

- USD/JPY: As low as 0.2 pips

- EUR/JPY: From 0.5 pips

- GBP/JPY: From 1 pip

- AUD/JPY: From 0.6 pips

- CAD/JPY: From 2.8 pips

It's important to note that spreads may vary depending on market conditions, liquidity, and other factors. The figures provided are approximate and subject to change. It's always a good idea to check the current spreads on the au Kabucom Securities website or contact their customer support for the most accurate and up-to-date information.

Trading Platform

au Kabucom Securities provides a range of useful tools for different types of trading activities. For cash stock and margin trading, the following tools are available:

1. Futures/Options Board: A tool that displays information and data related to futures and options trading, allowing users to analyze market trends and make informed trading decisions.

2. Flash: This tool provides real-time market data, including stock prices, charts, and news updates, enabling traders to stay up to date with the latest market movements.

3. Margin Simulator: A simulator that allows users to calculate and simulate margin requirements for margin trading, helping traders plan their positions and manage risk.

4. Destination OP Navigation: A navigation tool specifically designed for options trading, providing users with access to various options strategies and information to support their trading decisions.

5. Bond Simulator: This simulator enables users to simulate bond trading scenarios, helping them understand bond market dynamics and test different investment strategies.

6. 365CFD Simple Chart: A simplified charting tool specifically for CFD (Contract for Difference) trading, providing basic charting features to analyze CFD instruments and monitor price movements.

For futures, options trading, and other activities, au Kabucom Securities offers additional tools such as:

1. au Kabucom FX Navi: A comprehensive tool for forex trading, providing access to real-time forex market data, charting tools, and trading functions.

2. au Kabucom FX for iPhone/Android: A mobile application specifically designed for forex trading, offering convenience and flexibility to trade on the go using smartphones.

3. App-Recommended-Smartphone Light (simplified version): A simplified version of the au Kabucom Securities trading application, designed for users who prefer a streamlined and user-friendly trading experience.

Deposit & Withdrawal

Au Kabucom Securities provides customers with five convenient methods for depositing funds into their accounts. These methods include Net transfer, Account transfer, Direct debit (automatic debit), Direct debit (real-time fund transfer), and Direct debit (automatic debit from other financial institutions). These options offer flexibility and ease of use for customers to deposit funds according to their preferences and convenience.

When it comes to withdrawals, customers can withdraw amounts starting from 1,000 yen or more in 1 yen increments, with a maximum withdrawal limit of up to 10 billion yen. However, if customers have set up an account transfer contract with au Jibun Bank, they can withdraw amounts starting from 1 yen or more in 1 yen increments, with a maximum withdrawal limit of up to 100 million yen.

These deposit and withdrawal options provide customers with flexibility and accessibility to manage their funds effectively within the specified limits. Whether it's depositing funds for trading or withdrawing profits, Au Kabucom Securities strives to offer convenient and efficient services to meet the financial needs of their customers.

Customer Support

Inquire by email:

au Kabucom Securities offers several customer support options. For customers who do not have an account, they can make inquiries by email. The company aims to respond as quickly as possible and requests customers to send their inquiries to the following email address: cs@kabu.com.

Customers who have an account:

For customers who have already opened an account with au Kabucom Securities, they can use the “E-mail inquiry” form located on the “Support” page, accessible from the top right of the My Page section after logging in. By filling out the form and submitting it, they can send their inquiries to the company.

Inquire by phone:

Customers who do not have an account can make inquiries by phone. They need to follow the voice guidance and press the appropriate number. The phone numbers to dial are:

- Mobile/IP phone starting with 0120-390-390

- Mobile/IP phone starting with 05003-6688-8888

The operator reception is available from 8:00 to 16:00 on weekdays, excluding year-end and New Year holidays.

Educational Resources

Au Kabucom Securities offers a range of educational resources to support and empower their customers in making informed investment decisions. These resources are designed to enhance customers' understanding of the market, investment strategies, and industry trends.

One of the educational resources provided is a collection of informative movies, events, and face-to-face seminars. Au Kabucom Securities also provides investment information and news through their Investment Information Office. By keeping customers informed about market trends, they can make more informed decisions about their investment portfolios.

To further support customers, Au Kabucom Securities offers guides and investment courses. These resources are designed to provide step-by-step instructions, explanations of investment concepts, and practical guidance for customers who are new to investing or looking to expand their investment knowledge.

Additionally, customers can access reports and utilize social networking services (SNS) provided by Au Kabucom Securities.

Overall, Au Kabucom Securities' educational resources encompass a wide range of tools and platforms, including movies, events, seminars, an Investment Information Office, investment guides and courses, reports, and SNS. These resources aim to equip customers with the knowledge and information needed to make informed investment decisions and navigate the financial markets effectively.

Conclusion

In conclusion, au Kabucom Securities is a legitimate online brokerage company operating under the regulation of the Financial Services Agency (FSA) in Japan. As part of the Mitsubishi UFJ Financial Group (MUFG Group), it offers a wide range of tradable assets and financial services. The company provides various trading products, including stocks, margin trading, IPO/PO participation, ETFs/ETNs/REITs, investment trusts, forex margin trading, futures/options trading, bonds, foreign currency-denominated MMFs, and CFDs. The trading platforms, au Kabucom FX Navi and au Kabucom FX for iPhone/Android, cater to different trading needs. The company supports customer inquiries through email and phone, and multiple payment methods are available. Educational resources such as informative movies, events, seminars, investment guides and courses, reports, and SNS are offered to enhance customers' investment knowledge. While the company's advantages include its regulation by the FSA, diverse product offerings, and educational resources, a notable disadvantage is the lack of information regarding specific account types. Overall, au Kabucom Securities provides a legitimate and comprehensive platform for individuals interested in online financial trading and investment.

FAQs

Q: Is au Kabucom Securities a legitimate company？

A: au Kabucom Securities is a genuine online brokerage company operating under the regulation of the Financial Services Agency (FSA) in Japan.

Q: What trading platforms does au Kabucom Securities offer？

A: au Kabucom Securities provides the au Kabucom FX Navi platform for forex trading and the au Kabucom FX for iPhone/Android as a mobile app for trading convenience.

Q: What types of assets can be traded on au Kabucom Securities？

A: au Kabucom Securities offers a diverse range of tradable assets, including cash stock, margin trading, petit stock, US stocks, mutual funds, NISA, forex (FX), CFDs, and futures.

Q: What are the customer support options provided by au Kabucom Securities？

A: au Kabucom Securities offers customer support via email and phone. Customers can send inquiries by email to cs@kabu.com or make inquiries by phone using the provided phone numbers.

Q: What are the available payment methods for au Kabucom Securities？

A: au Kabucom Securities offers payment methods including net transfer, account transfer, direct debit (automatic debit), direct debit (real-time fund transfer), and direct debit (automatic debit from other financial institutions).

Q: Are there different account types offered by au Kabucom Securities？

A: The specific account types offered by au Kabucom Securities are not mentioned.