Warning: Deriv Forex Broker Scam

[ArtemMit]

In Forex trading the safety of your capital should be a top priority. Unfortunately, scams and fraudulent brokers are all too common, and today we're exposing Deriv (operating at Deriv.com) as a potential threat to traders. In this post, we'll uncover the reasons why Deriv is likely a scam, and provide you with guidance on how to protect yourself and your investments.

Why is this broker a Scam

Several alarming factors have led us to believe that Deriv is not a legitimate broker, and your funds are at risk with them:

• Domain Creation Date: Interestingly, a domain check for deriv.com reveals that it was registered quite some time ago, on August 14, 1996. While an older domain might usually indicate an established business, in this case, it raises concerns due to the lack of online presence or reviews from such an extended period. This could indicate that the domain has been parked and is now being used for malicious purposes.
• Virus and Malware Concerns: Running a standard virus check on the website through reputable online tools revealed a significant red flag – three potential virus and malware issues were flagged. This is a serious concern, as it indicates the website may be infected or designed to infect visitors with malicious software, potentially compromising sensitive information and financial data.
• Scam Adviser Score: The website has an extremely low Scam Adviser score of just 1 out of 100. This score takes into account various factors, including the domain age, owner anonymity (which is the case with Deriv), and potential high-risk country association. Such a low score strongly suggests that the website is not trustworthy.

We can help you return your money

If you have already suffered financial losses due to this broker, don't despair. Our team has helped countless individuals recover their funds from scam brokers. We can assist you in tracking your transactions, building a strong case, and navigating the complex process of fund recovery. It's important to act quickly, so don't hesitate to reach out for guidance and support.

If you have been scammed, send us an e-mail to [email protected] and we will help you return your money

What should you do to avoid such brokers

To protect yourself from falling victim to similar scams, here are some crucial steps to take

• Extensive Research: Always conduct your due diligence before signing up with any broker. Scour through reviews, forums, and scam advisory websites for consistent red flags. Check multiple sources to ensure a well-rounded perspective.
• Regulatory Compliance: Ensure your broker is properly regulated by reputable financial authorities. Verify their registration number and regulatory status directly on the regulator's website. Regulators provide a layer of protection and help ensure fair and ethical trading practices.
• Secure Payment Methods: When funding your trading account, use secure payment methods that offer buyer protection, such as credit cards. This provides an additional layer of security and makes it easier to dispute transactions if needed.
• Privacy and Security: Be cautious of what personal and financial information you share online. Scammers often phish for sensitive data. Use strong passwords, two-factor authentication, and regularly update your device and antivirus software.
• Trust Your Instincts: If something feels off, trust your instincts and avoid the broker. Legitimate brokers will not pressure you with aggressive marketing tactics or create a sense of urgency to sign up.

Remember, knowledge and vigilance are your best weapons against Forex scams. Stay informed, and don't hesitate to seek help from the Forex community if you have any doubts or concerns. Together, we can help keep each other safe in this dynamic and exciting market!

Feel free to share your experiences or ask any questions related to Deriv or Forex broker scams in general. Your input might just help someone else avoid a costly mistake!