Applied Derivatives
Pros and Cons
Pros
- Diverse trading instruments including forex, commodities, indices, stocks, and cryptocurrencies
- Multiple trading platforms: MetaTrader 4, MetaTrader 5, web version, and mobile app
- Demo account available for practice trading
- Competitive trading conditions with tight spreads for major forex pairs
- Customer support available via email and phone
Cons
- Not regulated by any recognized financial authority
- Lack of investor protection for client funds
- Limited range of cryptocurrency pairs available
- No advanced educational resources or market analysis
- Potential withdrawal fees depending on methods used
Basic Information
User Reviews
Applied Derivatives Overview
Applied Derivatives is a forex broker based in South Africa, with an operating period of 5 to 10 years. The company, officially known as Applied Derivatives Pty Ltd, provides trading services to clients in the forex market. While the broker has been established for several years, it is important to note that it lacks a formal regulatory license, which may raise concerns for potential traders regarding oversight and security in their trading activities.
The broker offers a range of trading instruments, primarily focusing on forex. Traders can expect to access various trading platforms, including popular options such as MetaTrader 4 and MetaTrader 5, which provide essential tools and features for executing trades. Customer support is available to assist clients, with channels including email and phone communication. Despite the absence of regulatory oversight, Applied Derivatives aims to deliver trading services that cater to the needs of forex traders, but prospective clients should exercise caution and conduct thorough research before engaging with the broker.
Is Applied Derivatives Safe? Regulation Analysis
Regulatory Information
Applied Derivatives is not regulated by any recognized financial authority. This lack of regulation raises significant concerns regarding the safety of client funds and overall trading security. Traders engaging with Applied Derivatives should be aware of the inherent risks associated with trading through an unregulated broker, which includes a lack of investor protection and a higher potential for fraudulent activities.
Is Applied Derivatives Regulated and How Are Client Funds Protected?
Trading Products and Services
What Trading Instruments Does Applied Derivatives Offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, Major & Minor Pairs | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US (e.g. Apple, Tesla), UK (e.g. BP, Vodafone) | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Applied Derivatives offers a diverse range of trading instruments, primarily focusing on forex. With access to various asset categories, including commodities, indices, stocks, and cryptocurrencies, traders can tailor their trading strategies to meet their specific needs. Whether you are a beginner looking to explore the forex market or a professional seeking to diversify your portfolio, the availability of multiple asset types supports flexible trading approaches. This diversity allows traders to capitalize on different market conditions and implement a variety of investment strategies, enhancing their overall trading experience.
Account Types and Trading Conditions
What Account Types and Fees Does Applied Derivatives Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and amateur traders | Access to competitive spreads and leverage | Ideal for small-capital practice |
| Professional Account | Experienced traders | Higher leverage and advanced trading tools | Requires trading volume qualifications |
| Corporate Account | Corporate clients | Customized services and solutions | Requires corporate documentation |
| Demo Account | All traders | Practice trading without real risk | Suitable for testing strategies |
Account Opening Process
To open an account with Applied Derivatives, traders must go through several steps. Initially, they will need to submit personal information, including their name, address, and contact details. Following this, employment and financial information must be provided to assess the trader’s background and experience. Identity verification is also required, which includes submitting an official ID and proof of address. Once the account is opened, there is flexibility to upgrade to a professional account if the trader meets the necessary criteria in the future.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 | Tight spreads for majors |
| Forex (GBP/JPY) | 1.0 | $0 | Competitive spreads available |
| CFDs (Stocks) | 1.5 | $0 | Varies by stock |
| CFDs (Indices) | 1.2 | $0 | Varies by index |
| CFDs (Commodities) | 2.0 | $0 | Standard spreads |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on volatility |
Other Fees
Traders should be aware of various fees that may apply when trading with Applied Derivatives. These include deposit and withdrawal fees, which can vary by method. Inactivity fees may be charged if an account remains dormant for an extended period. Additionally, there may be platform usage fees if applicable, overnight interest (swap rates) for positions held overnight, and currency conversion fees when trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Applied Derivatives Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 4 (MT4) | Windows, macOS, iOS, Android | 2FA, symbol lookup, one-click trading, price alerts, technical indicators | Demo account available |
| MetaTrader 5 (MT5) | Windows, macOS, iOS, Android | Encryption, market depth, multiple order types, push notifications, economic calendar | Demo account available |
| Web Version | Any device with a web browser | Secure login, market search, various order types, real-time alerts | Demo account available |
| Mobile App | iOS, Android | Biometrics, quick access, price alerts, technical indicators | Demo account available |
Applied Derivatives provides several trading platforms to cater to different trader preferences and needs. MT4 is particularly favored by beginners for its user-friendly interface, while MT5 offers more advanced tools suitable for experienced traders. The web version allows for trading on any device without the need for downloads, enhancing accessibility. The mobile app facilitates trading on the go, ensuring convenience and real-time market monitoring. All platforms prioritize secure logins and provide various alert features to keep traders informed of market movements.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min 100, Max 10,000 | ZAR, USD |
| Credit/Debit Card | Instant | No platform fee | Min 50, Max 5,000 | ZAR, USD |
| Cryptocurrency | Instant | No platform fee | Min 50, Max 10,000 | BTC, ETH |
| E-wallet (e.g., PayPal) | Instant | 1.5% transaction fee | Min 50, Max 5,000 | ZAR, USD |
Minimum Deposit
The minimum deposit requirement for opening an account with Applied Derivatives is set at 50 ZAR. This amount may vary based on the payment method chosen and the account type selected by the trader.
How to Withdraw
- Log in to your Applied Derivatives account.
- Navigate to the withdrawal section in your account dashboard.
- Select your preferred withdrawal method from the options available.
- Enter the amount you wish to withdraw, ensuring it meets the specified limits.
- Confirm your withdrawal request and complete any required verification steps.
- Monitor the status of your withdrawal in your account dashboard.
Customer Support
Applied Derivatives Customer Support Overview
Support Channels
Applied Derivatives offers several contact methods for customer support. Traders can reach out via email at info@derivative.co.za, or by telephone at +27 21 4393965. These channels ensure that clients can receive help with their inquiries or issues efficiently.
Service Availability
Customer support is available during business hours, providing assistance throughout the trading week. While the specific hours are not detailed, traders can generally expect support on weekdays. Applied Derivatives aims to cater to a diverse clientele, although multilingual support options are not explicitly mentioned.
Frequently Asked Questions
Applied Derivatives is not regulated by any recognized financial authority. This lack of regulation raises significant concerns regarding the safety of client funds and overall trading security. Traders should be aware of the inherent risks associated with trading through an unregulated broker, which includes a lack of investor protection and a higher potential for fraudulent activities.
Applied Derivatives provides several account types, including Retail Accounts for beginners, Professional Accounts for experienced traders, Corporate Accounts for corporate clients, and Demo Accounts for practice trading. Each account type is designed to cater to different user groups and trading needs.
Applied Derivatives offers multiple trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are available on various devices such as Windows, macOS, iOS, and Android. Additionally, a web version and a mobile app are available, ensuring that traders have access to their accounts and market information conveniently.
Customers can reach Applied Derivatives’ support team via email at info@derivative.co.za or by telephone at +27 21 4393965. Support is available during business hours, ensuring that clients can receive assistance with their inquiries or issues efficiently.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.