Is Deriv a STP or ECN broker?

By Deriv, from South Africa, April 4, 2022 at 12:00 PM

Is Deriv a STP or ECN broker?

Answer: Hi Deriv,

Deriv is an STP broker. Before investing with any broker, we recommend checking all the information about the brokers carefully and making sure the company is legit and regulated. Fore example, in case with Deriv broker, it is regulated by the Malta Financial Services Authority and seems to be reliable. Yes, it is might be reliable for the EU traders. However, all the non-EU traders are onboarded to one of its offshore entities, either via Vanuatu Financial Services Commission (FSC) or the British Virgin Islands Financial Services Commission (FSA). Therefore, it is quite risky for the non-EU traders to invest with Deriv, as their funds will not be protected by these offshore entities and the financial investment service they deliver is not trustable.

We recommend checking the list of the Regulated Brokers and selecting from it the one that will operate in your country legally.

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