Is Deriv Regulated?

It often starts with a tempting Ad or a friend’s recommendation — “Deriv.com is giving great returns!” Before you know it, you’re signing up, depositing funds, and placing trades. But the real question is — is Deriv.com regulated?

The world of online trading is filled with platforms promising easy profits. Some are legitimate, others… not so much. If you’re considering trading on Deriv.com, you need to know whether it’s a regulated, trustworthy broker — or if you’re risking your hard-earned money with an unregulated entity.

In this blog, we’ll break it down simply: Is Deriv.com safe? Is it regulated? And why trading with unregulated brokers can be far riskier than you think.

Deriv Review

Deriv.com is a global trading platform offering forex, commodities, and synthetic indices. While it’s regulated in several countries, it isn’t registered with SEBI, meaning Indian traders don’t get legal protection if disputes arise.

In India, traders have mixed reviews. Some praise its smooth withdrawals and easy interface, while others complain about account freezes, withdrawal delays, and a lack of local customer support.

If you’re trading from India, you’re essentially using it at your own risk, as cross-border trading platforms fall outside RBI and FEMA rules.

Is Deriv Legal in India?

Well, the answer lies in the question: is forex trading legal in India?

The short answer — no. It’s not legally regulated for Indian traders.

Deriv.com does hold licenses in various international jurisdictions, Malta (MFSA), Labuan (Malaysia), Vanuatu, and the British Virgin Islands. That means it has some legitimate footing globally.

But here’s the catch for Indian users:

Deriv.com is not registered with SEBI or RBI, i.e.India’s two governing body for securities and trading platforms.

That matters. SEBI protects investors in India and ensures trading happens fairly and transparently.

With Deriv, Indian traders are outside that safety net.

Above all, Deriv offers non-INR forex, CFDs, and synthetic indices—all of which fall outside regulated trading channels. That places Indian users in violation of FEMA (Foreign Exchange Management Act) rules.

What are the Risks of Trading in Deriv?

Deriv allows you to trade in global currency pairs, which can lead you to forex trading scams.

If something goes wrong—say, your account is frozen or your funds vanish—you won’t have legal recourse through Indian authorities.

Here are the risks of using Deriv.com from an Indian perspective:

• No SEBI Registration – Deriv.com isn’t registered with SEBI, so Indian authorities can’t step in if you face losses or fraud.
• Not Legal for INR Forex Trading – FEMA rules only allow INR-based forex trades via SEBI-regulated brokers. Deriv.com offers currency pairs like EUR/USD, which are banned for retail traders in India.
• Funds Are Outside India – Your deposits go to overseas accounts, which makes recovery nearly impossible if the platform freezes withdrawals.
• No Local Legal Protection – You can’t take Deriv.com to an Indian consumer court or regulator because it operates under offshore laws.
• High Scam Exposure – Many scams piggyback on unregulated platforms, using fake investment groups or Telegram signals to lure traders.

How to Report Forex Trading Apps?

If you come across a suspicious or forex trading app, it’s important to report it quickly to protect yourself and others. Here’s how you can do it in India:

1. Gather Evidence:
   • Take screenshots of the app, transaction details, chats, and any other proof of fraud or suspicious activity.
     
2. Report to Cyber Crime Authorities:
   • Visit cyber crime portal and select the option to report cybercrime or financial fraud.
   • You can also visit your nearest cyber police station to file a complaint in person.
     
3. Inform Your Bank or Payment Provider:
   • Notify your bank or payment app about unauthorized transactions or fraud. They might help block payments or recover funds.
     
4. Report to App Stores:
   • Report the fraudulent app on Google Play Store or Apple App Store using their complaint/report feature. This can help remove the app from the store.

Need help?

Register with us, and we will guide you through the process to report the complaint on the respective platforms. We have helped multiple victims and helped them in forex trading scam recovery.

Conclusion

So, Deriv.com offering illegal forex trading services is not safe or reliable for Indian traders. RBI and FEMA rules make it risky; you could end up with blocked payments, frozen accounts, or even legal headaches.

If you want to trade safely, stick to SEBI-registered brokers and INR-based currency pairs. It’s just not worth the gamble with anything else.