Tag: Joanna Frendo

The former binary options broker Deriv used to operate with the vanity domain Binary.com. It was authorized by the UK Gambling Commission and the Maltese MFSA and MGA. Binary options have been banned in most regulatory regimes due to their susceptibility to fraud. Now Deriv offers Forex, CFDs, and crypto with the new brand and domain and is expanding. One center of activity is Belarus, among other countries, according to a LinkedIn post. Here is an update.

Deriv, the online broker founded by Jean-Yves Sireau in Malaysia in 1999, continues to expand its offshore activities and announced on LinkedIn the opening of six new offices in offshore locations in Vanuatu, Guernsey, Caymen Islands, Amman, and Ciudad del Este. In Europe, Deriv operates through MFSA-regulated Deriv Investments (Europe) Ltd. According to Similarweb, Deriv focuses on Brazil and South Africa, where nearly 25% of the website’s 5.8 million visits are sourced.

On Trustpilot, Deriv, the online broker founded by Jean-Yves Sireau in Malaysia in 1999, receives an impressive 4.5-star rating based on nearly 15,000 reviews. Deriv operates globally with various legal entities and has more than one million clients and more than 1.8 million trading accounts. In Europe, Deriv operates through MFSA-regulated Deriv Investments (Europe) Ltd. According to Similarweb, Deriv focuses on Brazil and South Africa, where nearly 25% of the website's 5.8 million visits are sourced.