Deriv
forex broker Founded: 1999 • HQ: MT •
Last verified: 2026-11-14
Overall Rating
Public Formula
8.8 /10
Technical Specifications & Competition Rules
| Competition Formats | free, demo, volume based |
|---|---|
| Supported Markets | forex, indices, commodities, crypto |
| Typical Prize Pools | $10,000 – $150,000 USD |
| Entry Barriers & Cost | Free / Demo Contests Available Regular free virtual demo contests with zero deposit required |
| Winner Scoring Rule | Deriv Virtual Cup: Highest Net Profit on simulated demo trading accounts |
| Max Leverage | Up to 1:1000 |
| Regulation & Licenses | |
| Country Availability | Restricted in: US, CA |
Verified Advantages
- ✓ 25 years of continuous brokerage history (formerly Binary.com)
- ✓ Free virtual demo tournaments with withdrawable real money rewards
- ✓ Proprietary synthetic volatility indices tradable 24 hours a day, 7 days a week
Important Considerations
- × Lower maximum prize ceilings than crypto exchange mega-events
- × Synthetic indices require different analytical approach than real market pairs
7-Pillar Rating Breakdown
Methodology Rules Transparency 9.0/10
Payout Record & Proofs 9.5/10
Fair Scoring Mechanics 7.0/10
Accessibility & Entry Cost 9.5/10
Regulation & Longevity 9.0/10
Tournament Variety & Frequency 8.5/10
Verified User Experience No Data
Payout Track Record
25+ years in continuous operation with verified prize payments to bank/crypto accounts.
Status: VERIFIED
Transparency Notice: We may earn an affiliate commission when you register through our links. This never alters our numerical scores or criteria evaluation.
Compare Deriv with Alternatives
See how Deriv compares side-by-side with other tournament hosts across prize pools, leverage, and scoring fairness.
Frequently Asked Questions about Deriv
Is Deriv legit and safe for trading competitions? +
Deriv operates under regulatory supervision, including MFSA (Malta), Labuan FSA, VFSC. Verified past payout track records confirm genuine competition settlements.
Are Deriv trading competitions free to join? +
Yes, Deriv offers free trading contests and demo tournaments with zero entry fees and real withdrawable prizes.
How are winners decided on Deriv? +
Deriv Virtual Cup: Highest Net Profit on simulated demo trading accounts. Standings are transparently tracked on live leaderboards.
Does Deriv really pay out prizes? +
Yes, Deriv has a verified track record of prize distributions without documented unresolved non-payment disputes.