Deriv Trading Live Review : Fees, Pros and Cons, Reviews by Real Traders

Deriv Trading Live

Operating status: SCAM

Website: https://derivtradinglive.net/

Broker violations and abnormal records

Aug 29, 2023 The MFSA identifies Deriv Trading Live as a clone
On August 30, 2023, the Malta Financial Services Authority (MFSA) issues a warning against Deriv Trading Live, saying that the platform is a clone of an MFSA-licensed entity. https://www.mfsa.mt/news-item/mfsa-warning-derivtradinglive-clone/

On August 30, 2023, the Malta Financial Services Authority (MFSA) issues a warning against Deriv Trading Live, saying that the platform is a clone of an MFSA-licensed entity. https://www.mfsa.mt/news-item/mfsa-warning-derivtradinglive-clone/
Aug 31, 2023 BrokersView has reviewed that Deriv Trading Live is an impersonation scam
Deriv Trading Live, with an internet presence at https://derivtradinglive.net/, is using the details of company Deriv Investments (Europe) Limited which is licensed by the Malta Financial Services Authority (MFSA) to deceive investors. Fraudsters are attempting to convince the public that they are operated by this genuine company.
Therefore, the MFSA launched an investigation into the fake platform and issued a warning against it. According to the Maltese authority, Deriv Trading Live is NOT a Maltese registered company NOR is it authorised to provide any financial services in or from Malta. Additionally, Deriv Trading Live has NO association with Deriv Investments (Europe) Limited. The website https://derivtradinglive.net/ therefore appears to be a clone of the website of the legitimate entity and the public should therefore refrain from undertaking any business or transactions with the false entity.
In essence, Deriv Trading Live is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Deriv Trading Live is unequivocally a scam.

Deriv Trading Live, with an internet presence at https://derivtradinglive.net/, is using the details of company Deriv Investments (Europe) Limited which is licensed by the Malta Financial Services Authority (MFSA) to deceive investors. Fraudsters are attempting to convince the public that they are operated by this genuine company.Therefore, the MFSA launched an investigation into the fake platform and issued a warning against it. According to the Maltese authority, Deriv Trading Live is NOT a Maltese registered company NOR is it authorised to provide any financial services in or from Malta. Additionally, Deriv Trading Live has NO association with Deriv Investments (Europe) Limited. The website https://derivtradinglive.net/ therefore appears to be a clone of the website of the legitimate entity and the public should therefore refrain from undertaking any business or transactions with the false entity.In essence, Deriv Trading Live is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Deriv Trading Live is unequivocally a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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