Deriv
Deriv is a major global broker established in 1999 with 187M monthly trades and $650B monthly volume. It specializes in CFDs and derivatives, using MT5 and DerivTrader, and operates 20 offices worldwide.
Deriv is a leading global online broker, founded in 1999 to democratize online trading. The company boasts significant operational volume, including 187 million monthly trades and 650 billion dollars in monthly volume, supported by over 1,300 employees across 20 offices globally. Deriv offers over 200 tradable assets, primarily CFDs and derivatives, on two platforms: MT5 and DerivTrader. The firm has expanded significantly since its start, reaching 100,000 users by 2008 and recently opening offices in major markets like Germany and Hong Kong. While historically strong in developing markets, Deriv is increasing its presence in saturated markets like the EU and Australia.
Brokerage Metrics, History, and Global Reach
| Metric | Value |
|---|---|
| Monthly trades | 187M |
| Monthly withdrawals | $46M |
| Monthly volume | $650B |
| Offices | 20 |
Company History and Global Footprint
Deriv is a name we hear more and more often. While it may not be the most widely known broker in Europe or Australia, it is actually one of the leading global online brokers. The company began its journey in 1999 with a mission to make online trading accessible to anyone, anywhere. Specializing in contracts for difference (CFDs) and other derivatives, Deriv offers users the opportunity to trade across various asset classes. Today, the company boasts over 1,300 employees working in 22 offices across 16 countries, serving hundreds of thousands of registered users worldwide.
Milestones and Expansion
From its early beginnings, Deriv has quietly but consistently evolved and expanded. Significant milestones in its history include the opening of its first international office in Malta in 2000 and reaching 100,000 users by 2008. As demand for its services grew, Deriv expanded globally, opening offices in strategic locations such as Labuan in 2017, followed by Dubai and Asunción in 2018, and further expansions in 2020 to Rwanda, Cyprus, and Malacca. More recently, in 2022, Deriv established offices in key markets like Germany, France, Jordan, Singapore, and Hong Kong, signaling its growing influence in the global trading industry.
Product Offering and Technology
Deriv's product offering reflects its commitment to providing traders with the tools they need to succeed. With over 200 tradable assets available on its platforms, the company caters to a wide range of traders, from beginners to experienced professionals. It offers two primary platforms: MT5 and DerivTrader, ensuring a versatile trading experience.
Corporate Responsibility and Future Outlook
Throughout its growth, Deriv has also maintained a strong commitment to corporate social responsibility. The company has supported various global initiatives, including housing projects and environmental research, as part of its efforts to contribute positively to the communities in which it operates. As Deriv looks to the future, it continues to focus on innovation, global expansion, and delivering accessible, secure trading solutions to clients worldwide.
While Deriv is better known in developing markets, it has recently become more visible in mature and saturated markets such as the EU and Australia. It will be interesting to see if the company decides to openly compete against brands that dominate these regions.