deriv verification | How do I verify my account on deriv? Is Deriv a verified broker?

17 May, 2024

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deriv verification :
To verify your account on Deriv and to check if Deriv is a verified broker, follow these steps:

Verifying Your Account on Deriv

  1. Sign In:
    Log in to your Deriv account using your email and password.
  1. Complete Profile Information:
    Navigate to your account settings and fill out any required personal information. This often includes your full name, date of birth, and contact details.
  1. Upload Verification Documents:
  • Proof of Identity (POI): Provide a government-issued ID (passport, driver’s license, or national ID card).
  • Proof of Address (POA): Submit a utility bill, bank statement, or any other document that shows your address and is no older than 3-6 months.
  1. Wait for Verification:
    Submit the documents and wait for Deriv to review them. This process can take a few days, and you will receive a notification once your documents have been verified.

Checking If Deriv is a Verified Broker

  1. Regulation and Licenses:
    Deriv operates under multiple brands and is regulated by various authorities. It’s important to check the specific entity you are dealing with:
  • Deriv (Europe) Ltd: Regulated by the Malta Financial Services Authority (MFSA).
  • Deriv (SVG) LLC: Registered in St. Vincent and the Grenadines.
  • Deriv (V) Ltd: Regulated by the Vanuatu Financial Services Commission (VFSC).
  • Deriv (BVI) Ltd: Regulated by the British Virgin Islands Financial Services Commission (BVIFSC).
  • Deriv (FX) Ltd: Licensed by the Labuan Financial Services Authority (LFSA) in Malaysia.
  • Deriv Investments (Europe) Ltd: Licensed by the Cyprus Securities and Exchange Commission (CySEC).
  1. Research and Reviews:
    Look up reviews and feedback from other traders. Reliable sources include online trading forums, financial review sites, and social media platforms.
  1. Company Website:
    Visit the official Deriv website and check their regulatory information, usually found in the footer of the page or under the "About Us" or "Regulations" section.

Conclusion

Deriv is a broker with multiple entities regulated by various financial authorities. To ensure you're dealing with a legitimate entity, always verify the specific Deriv entity you are registered with and check their regulatory status. For account verification, follow the necessary steps on the Deriv platform to submit your documents and complete your profile.

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