How to open an account with Deriv | Complete Guide for Investors
Deriv is a pioneering online brokerage offering a wide range of trading services, products, and funding options, dedicated to integrity and customer satisfaction, serving a global clientele.
Deriv is a prominent online brokerage firm revolutionizing the trading industry with a vast range of services, covering CFDs, forex, stocks, indices, cryptocurrencies, and more, catering to over 2.5 million users globally. Founded over 23 years ago, Deriv’s mission is to make trading accessible to everyone, backed by core values of integrity, customer focus, competence, and teamwork, and recognized for excellence with certifications like Great Place to Work™. The platform offers diverse trading products like CFDs, digital options, multipliers, and more, across user-friendly platforms like Deriv GO, MT5, and Deriv X, ensuring a tailored trading experience for all. Deriv’s financial products provide traders with a wide array of opportunities in Forex, Derived Indices, Stocks, ETFs, Cryptocurrencies, and Commodities, available round-the-clock. Deriv also offers a variety of convenient, fast, and secure deposit and withdrawal options, including credit/debit cards, online banking, mobile payments, e-wallets, cryptocurrencies, and the community-driven DP2P service, making fund management seamless for traders globally.
Deriv: Revolutionizing Online Trading
In the world of online trading, Deriv stands as a colossus, redefining the essence and mechanics of modern-day trading. As a premier online brokerage firm, Deriv provides a comprehensive range of trading services, covering contracts for differences (CFDs) and various derivatives across multiple asset classes such as forex, stocks & indices, cryptocurrencies, and commodities. This extensive offering caters to the needs of millions of registered users globally, making Deriv one of the world’s largest online brokers.
Founded with a visionary objective to disrupt the conventional brokerage model plagued by high commissions and cumbersome products, Deriv embarked on its journey over 23 years ago. From its inception, the company has been unwavering in its commitment to providing a superior trading experience tailored for the digital age, ensuring that traders of all account sizes receive first-class treatment.
Fast forward to today, Deriv’s footprint extends worldwide, serving more than 2.5 million customers. Yet, amidst this staggering growth, the core mission remains unchanged: to democratize trading, making it accessible and straightforward for everyone, everywhere.
Core Values: The Pillars of Deriv
At the heart of Deriv’s operations are its core values, constituting the very fabric of the company’s culture. These values are not just words but principles reflected in every interaction and decision:
- Integrity: Deriv operates with absolute integrity, ensuring fairness, transparency, and honesty in every aspect of its business.
- Customer Focus: Placing the customer at the center, Deriv is relentless in its pursuit to craft products that offer the best user experience.
- Competence: Deriv values and nurtures a workforce that exhibits sound judgment, continuous learning, and growth.
- Teamwork: Collaboration and humility are the hallmarks of Deriv’s team, driving cross-departmental cooperation to achieve common goals.
Certifications and Principles
- Recognitions
- Deriv’s dedication to creating an exceptional workplace and a reliable trading platform has not gone unnoticed. The company has been honored with the Great Place to Work™ certification and has achieved the prestigious Platinum status in Investors in People (IIP), underscoring its commitment to excellence and employee welfare.
- Guiding Principles
- Deriv is steadfast in its principles, ensuring reliability, fairness, transparency, and responsibility in all its operations. These principles are not just guidelines but are integral to Deriv’s decision-making process, fostering a trading environment that is just, efficient, and customer-centric.
Deriv in Numbers
The numbers speak volumes about Deriv’s impact and the trust it has garnered:
- Over 2.5 million traders worldwide
- More than USD 46 million in withdrawals last month
- A staggering 187 million+ trades executed last month
- An impressive total trade turnover exceeding USD 15 trillion
Why Millions Choose Deriv
- Proven Track Record
- Deriv’s journey, originating in 1999, is marked by innovation, trust, and customer-centricity. The group laid the foundation for the world’s first fixed-odds trading service, evolving into a trusted name in the trading world.
- Regulatory Assurance
- Deriv’s operations are under the stringent supervision of multiple regulatory bodies, including the MFSA, Labuan FSA, VFSC, and the British Virgin Islands Financial Services Commission, ensuring a secure and fair trading environment.
- Unwavering Commitment to Client Security
- Client security and financial integrity are paramount at Deriv. The company guarantees the protection of client funds through segregation in secure financial institutions, ensuring their safety even in the improbable event of insolvency.
- Emphasis on Risk Management
- Deriv promotes a culture of responsible trading, providing tools and resources to help customers understand and manage trading risks effectively. New traders have the privilege of practicing with unlimited virtual funds, fostering a secure and informed trading initiation.
- Unparalleled Customer Support
- Deriv prides itself on its responsive and competent customer support, available 24/7. The Help Centre, Community forums, and a plethora of resources ensure that every trader’s query and need is addressed promptly and efficiently.
- A Customer-First Trading Experience
- Ease of use, comprehensive support materials, and a commitment to informing and empowering traders make Deriv a preferred choice for both novice and experienced traders alike.
Deriv is more than just a brokerage firm; it’s a partner committed to providing a trading experience that is safe, fair, transparent, and aligned with the interests of its clients. With a legacy of trust, innovation, and excellence, Deriv continues to lead the way in the online trading industry, championing the values and principles that make trading accessible and rewarding for all.
Opening an Account and Starting Your Trading Journey with Deriv
Embarking on your trading journey with Deriv is a decision that ushers you into a world of innovative trading solutions and opportunities. Deriv, a leading force in the online trading arena, caters to a global clientele, offering a wide range of financial products and a suite of user-friendly trading platforms. Here we explain how to open an account with Deriv and begin trading.
Deriv is not just a trading platform; it’s a comprehensive ecosystem designed to provide traders with an unparalleled trading experience. Whether you’re interested in forex, stocks, indices, cryptocurrencies, or commodities, Deriv offers a robust platform where all these assets converge. The platform’s commitment to integrity, customer focus, competence, and teamwork makes it a preferred choice for over 2.5 million traders globally.
Step-by-Step Guide to Opening an Account with Deriv
Navigate to Deriv’s Official Website: Start by visiting Deriv’s official website. Here, you’ll find an abundance of information about the products, platforms, and trading tools offered.
1. Sign Up for an Account:
Click on the ‘Create Free Demo Account’ or ‘Sign Up’ button.
Provide your email address and any other required information.
Verify your email address by clicking on the confirmation link sent to your inbox.
2. Choose Account Type:
Deriv offers both demo and real accounts. A demo account is loaded with virtual funds, allowing you to practice trading risk-free.
If you’re ready to trade with real money, select ‘Real Account’. You’ll need to provide additional personal information and complete the verification process.
Choose Account Type with Deriv
3. Fund Your Account:
Once your account is set up, choose your preferred deposit method from Deriv’s wide range of options including credit/debit cards, e-wallets, bank transfers, cryptocurrencies, and more.
Follow the instructions to complete the deposit process.
4. Download and Access Trading Platforms:
Deriv offers multiple trading platforms like Deriv GO, Deriv MT5, Deriv X, Deriv cTrader, Deriv Trader, and Deriv Bot. Each platform caters to different trading needs and styles.
Depending on your preference, download the platform on your device, or access it directly through your web browser.
5. Explore and Customize Your Trading Environment:
Familiarize yourself with the platform’s interface.
Customize your trading environment by setting up charts, indicators, and any other tools you need.
Use the demo account to practice your trading strategies without any risk.
6. Start Trading:
Once you’re comfortable, start trading by selecting an asset.
Monitor the market using the analytical tools provided.
Place your trades and manage them using risk management tools like stop loss and take profit.
Ensuring a Safe and Informed Trading Experience
- Security and Regulation: Trade with confidence knowing that Deriv is a regulated broker with a commitment to maintaining the highest standards of security and transparency.
- Education and Resources: Leverage the wealth of educational materials, market analysis, and trading tools offered by Deriv to make informed trading decisions.
- Customer Support: Deriv’s professional multilingual customer support is available 24/7 to assist you with any queries or issues you may encounter.
Registering and starting to trade with Deriv is a streamlined process designed to cater to both novice and experienced traders. With its wide range of trading platforms, diverse financial products, and commitment to customer satisfaction, Deriv stands as a beacon in the online trading world. Embrace the opportunity to trade with Deriv and embark on a journey filled with potential and innovation.
Deriv’s Trading Products/Options
In the digital age of trading, Deriv stands out as a pioneering platform offering a plethora of trading products and options designed to cater to the diverse needs of traders worldwide. This section exlore deep into the realm of Deriv’s trading products, exploring the intricacies of CFD trading, digital options, accumulator options, vanilla options, turbo options, and multipliers. Each product is tailored to offer unique benefits, ensuring traders can navigate the markets with confidence, flexibility, and strategic finesse.
CFD Trading on Deriv – Understanding CFD Trading
Contract for Difference (CFD) trading is a popular form of derivative trading that allows individuals to speculate on the rising or falling prices of fast-moving global financial markets. With CFDs, traders can trade on the price movement of assets without the need to own the underlying assets themselves.
Key Features of CFD Trading on Deriv:
- High Leverage: Leverage amplifies a trader’s market exposure, enabling the opening of larger positions with a relatively small amount of capital.
- Tight Spreads: Deriv offers tight spreads, ensuring traders can enter the markets at a lower cost.
- Stop Loss and Stop Out: These features are designed to help traders manage risks effectively by setting predetermined levels at which positions are closed to prevent further losses.
- Margin Trading: CFDs are traded on margin, allowing traders to open positions larger than their actual capital, increasing both potential profits and losses.
- Swap Rates: Traders holding positions overnight must consider swap rates, which are charges applied based on various conditions such as the number of days the position is held.
CFD Trading Considerations
- Margin and Leverage: While trading on margin can magnify profits, it can also magnify losses, making it crucial for traders to understand the risks involved.
- Market Volatility: CFD markets can be volatile, and prices can move rapidly against your position. Adequate risk management strategies like stop loss orders are vital.
Options Trading on Deriv
Deriv offers a range of options trading products, including digital options, accumulator options, vanilla options, and turbo options. These products provide traders with the flexibility to trade based on their market predictions and risk appetite.
Digital Options
Digital options are straightforward – you predict the outcome from two possible results and earn a fixed payout if your prediction is correct. Key benefits include:
- Flexible Payout Options: Know your potential profit upfront, or maximize potential profit with variable payouts.
- User-Friendly Platforms: Trade on intuitive platforms with powerful chart widgets.
- Minimal Capital Requirements: Start trading with as little as 5 USD and customize your trades to suit your strategy.
Trade Digital Options with Deriv
Accumulator Options
Accumulator options offer exponential payout growth as long as the spot price remains within a predefined range from the previous spot price. Features include:
- Exponential Payout Growth: Payouts grow based on the chosen growth rate for each small movement in the spot price, as long as it remains within the predefined range.
- Range-Based Trading: Express your view on the range of movement of an index and benefit from staying within the range.
- Control Over Contracts: Manually close the contract before the price touches or breaches the range to secure accumulated payouts.
Trade Accumulator Options with Deriv
Vanilla Options
Vanilla options allow you to express a bullish or bearish view on an underlying asset through Call or Put options. They offer potentially high profit as they do not have a fixed payout, while losses are strictly limited to the initial stake. Key features include:
- Call and Put Options: Choose between Call (bullish) and Put (bearish) options based on your market predictions.
- High Potential Payout: Profit is determined by how much the final price is above (Call) or below (Put) the strike price.
- Limited Risk: Your risk is limited to the initial stake (premium).
Trade Vanilla Options with Deriv
Turbo Options
Turbo options are a high-risk, high-return alternative to vanilla options. The contract expires worthless if the spot price touches or breaches a predetermined barrier. Features include:
- Long/Short Positions: Choose between Long (above barrier) and Short (below barrier) based on your market predictions.
- Barrier-Based Trading: Set a trade barrier, and receive a payout if the spot price doesn’t touch or breach the barrier before the contract expires.
- Limited Risk: Your risk is limited to the initial stake (premium).
Trade Turbo Options with Deriv
Multipliers on Deriv
Multipliers combine the upside of leverage trading with the limited risk of options. This innovative product allows traders to amplify potential profits when the market moves in their favor while ensuring that losses are limited to the stake amount.
Key Features of Multipliers:
- Enhanced Risk Management: Customize contracts with features like stop loss, take profit, and deal cancellation to suit your trading style and risk appetite.
- Increased Market Exposure: Get more market exposure while limiting risk to your stake amount.
- Flexible Trading Conditions: Define your position, set optional parameters, and manage your trade effectively with features like take profit and deal cancellation.
Trade with Multipliers on Deriv
Considerations When Trading Multipliers:
- Stop Out: Positions are closed if the market moves against your prediction and your loss reaches the stop out price.
- Deal Cancellation: Terminate your contract within an hour of buying it, without losing your stake amount (subject to a non-refundable fee).
- Trading Restrictions: Certain features like deal cancellation and stop loss may not be available simultaneously or may not apply to specific indices like Crash and Boom.
Deriv offers a diverse array of trading products and options, each designed to cater to different trading strategies and risk appetites. From the leveraged opportunities of CFD trading to the structured payouts of options trading, and the innovative approach of multipliers, Deriv provides a comprehensive trading platform that empowers traders to navigate the markets with confidence, flexibility, and strategic depth. Whether you’re a novice trader or a seasoned pro, Deriv’s trading products offer the tools and features you need to achieve your trading objectives.
Trade with Multipliers on Deriv
Deriv’s Trading Platforms and Apps
The choice of platform can significantly influence the trading experience. Recognizing this, Deriv offers a suite of innovative and user-friendly trading platforms and apps, tailored to meet the diverse needs of traders worldwide. Whether you’re trading from the comfort of your home or on the move, Deriv ensures you’re equipped with the right tools to trade effectively. This section explores Deriv’s platforms and apps, detailing their features, benefits, and how to get started.
Explore Deriv’s Trading Platforms
Deriv GO: Optimized for Mobile Trading
Deriv GO is the go-to mobile app for traders who prefer trading on the go. Designed to offer a seamless trading experience, Deriv GO is not just a trading platform; it’s a trading companion that keeps you connected with the markets 24/7.
Key Features of Deriv GO:
- 24/7 Trading: Access forex, derived indices, and cryptocurrencies anytime, anywhere.
- User-Friendly Interface: Trade effortlessly with easy-to-use charts and a comfortable dark theme.
- Instant Access: Get into your trades with just a few taps on your mobile device.
- Multiplier Trading: Amplify your potential profit up to 1000x without risking more than your stake.
- Risk Management Tools: Utilize stop loss, take profit, and deal cancellation to manage your risks effectively.
Getting Started with Deriv GO:
- Sign Up or Sign In: Create a Deriv real account or log in if you already have one.
- Fund Your Account: Choose your preferred payment method to deposit funds.
- Download Deriv GO: Available on both Android and iOS, download the app and start trading anytime, anywhere.
Deriv MT5: The All-in-One CFD Trading Platform
Deriv MT5 is a versatile platform that caters to traders looking for a comprehensive trading experience. It provides access to a wide zange of asset classes, including forex, stocks & indices, cryptocurrencies, commodities, and more.
Why Choose Deriv MT5:
- Trade Multiple Assets: Access over 200 tradable assets on a single platform.
- 24/7 Trading: Take advantage of round-the-clock trading with proprietary derived indices.
- Demo Account: Practice with unlimited virtual funds on a preloaded demo account.
- No Overnight Charges: Benefit from swap-free accounts that don’t incur charges for positions left open overnight.
Starting with Deriv MT5:
- Register for Free: Sign up for a Deriv demo account.
- Add a Deriv MT5 Demo Account: Select your preferred trading instruments.
- Practice Trading: Use the mobile app, desktop app, or web browser to trade.
Deriv X: Customizable Multi-Asset Trading Platform
Deriv X is designed to fit your trading style, offering a customizable environment where you can trade various assets across multiple markets.
Benefits of Trading with Deriv X:
- Versatile Trading: Trade forex, commodities, stocks & indices, cryptocurrencies, and more.
- 24/7 Trading: Access cryptocurrencies and synthetics anytime.
- Bespoke Experience: Customize your trading environment with drag-and-drop widgets and layouts.
- Intuitive Tools: Utilize the dashboard, trading journal, and custom watchlists to track your progress and strategies.
Getting Started with Deriv X:
- Sign In or Sign Up: Access your Deriv account or create one for free.
- Add a Deriv X Demo Account: Start trading on the mobile app or through your web browser.
Deriv cTrader: Feature-Rich CFD Trading Platform
Deriv cTrader offers a user-friendly interface packed with a wide range of features, making it an ideal platform for both new and experienced traders.
Key Features of Deriv cTrader:
- Multiple Assets: Trade forex, stocks & indices, cryptocurrencies, and more.
- All-Day Trading: Access markets anytime with 24/7 trading options.
- Intuitive Interface: Benefit from an easy-to-use interface for trading and charting.
- Trade Margins: Stay informed about the margin impact on your account before every trade.
Starting with Deriv cTrader:
- Log In or Register: Access your existing Deriv account or sign up for a new one.
- Navigate to Trader’s Hub: Select the Demo option and choose Deriv cTrader under CFDs.
- Start Trading: Engage with the markets via the platform.
Deriv Trader: User-Friendly Trading Platform
Deriv Trader is designed for traders who seek a straightforward and efficient trading platform. With a focus on simplicity, it offers a range of tradable assets and customizable trading conditions.
Highlights of Deriv Trader:
- Flexible Trading: Choose from various assets and trade types with stakes as low as $0.35.
- Customizable Charts: Tailor your charts with technical indicators and widgets for better decision-making.
- Trade Your Way: Access forex, commodities, cryptocurrencies, and indices on both world and synthetic markets.
Deriv Bot: Automate Your Trading Ideas
Deriv Bot is an innovative platform that allows you to automate your trading strategies without writing any code. It’s perfect for traders who want to maximize their trading efficiency.
Features of Deriv Bot:
- Build Trading Robots: Create bots visually using drag-and-drop blocks and indicators.
- Popular Strategies: Start with proven strategies like Martingale and D’Alembert, and customize them to your preferences.
- Risk Management Tools: Implement take profit and stop loss to optimize your trading performance.
- Performance Tracking: Monitor your bot’s performance and receive notifications about each trade.
Getting Started with Deriv Bot:
- Select an Asset: Choose the asset you want to trade.
- Set Conditions: Define purchase and restart conditions for your bot.
- Run Your Bot: Launch your bot and monitor its performance.
Deriv’s range of platforms and apps is designed to meet the diverse needs of modern traders. Whether you prefer the convenience of mobile trading, the comprehensive features of Deriv MT5, the customizability of Deriv X, the user-friendly interface of Deriv cTrader, the straightforwardness of Deriv Trader, or the automation capabilities of Deriv Bot, Deriv has you covered. Sign up today and experience the power of Deriv’s trading platforms and apps.
Deriv’s Financial Products
Deriv, a leading online trading platform, provides a comprehensive suite of financial products, offering traders a versatile and dynamic trading experience. With round-the-clock trading hours, high liquidity, and a wide range of offerings, Deriv empowers traders to capitalize on world events and market movements across various asset classes. This section explores the diverse financial products available on Deriv, including Forex, Derived Indices, Stocks & Indices, Exchange-Traded Funds (ETFs), Cryptocurrencies, and Commodities.
Forex Trading on Deriv
Forex, the global currency market, is renowned for its high liquidity and 24/5 trading hours. Deriv enhances the forex trading experience with a broad spectrum of currency pairs, cutting-edge platforms, and competitive conditions.
Forex Products on Deriv:
- CFDs (Contracts for Difference): Trade on the price movement of currency pairs without owning the underlying asset. Benefit from high leverage and tight spreads.
- Options: Speculate on currency movements with the flexibility of options trading.
- Multipliers: Amplify your potential gains with limited risk using multipliers.
Key Forex Pairs Available:
- Major Pairs: Including but not limited to EUR/USD, GBP/USD, and USD/JPY.
- Minor Pairs: Such as AUD/CAD, EUR/NZD, and GBP/CHF.
- Exotic Pairs: Including pairs like EUR/ZAR, USD/SGD, and USD/THB.
- Micro Pairs: For smaller contract sizes, including pairs like AUD/USD, EUR/GBP, and USD/CAD.
Why Trade Forex on Deriv:
- High Leverage and Tight Spreads: Maximize your trading potential with favorable conditions.
- Advanced Charting Widgets: Analyze market trends with sophisticated charting tools.
- Convenient Deposit and Withdrawal Methods: Enjoy a seamless trading experience with easy fund management.
- Responsive Platforms: Trade on user-friendly platforms designed for both novice and experienced traders.
Derived Indices on Deriv
Derived Indices offer an innovative way to trade on asset prices derived from real-world or simulated markets. With 24/7 availability, these indices are perfect for traders seeking opportunities outside traditional market hours.
Types of Derived Indices:
- Synthetics: Simulate real-world market movements, free from actual market risks.
- Baskets: Trade on the collective movement of a basket of assets, offering diversified exposure.
- Derived FX: Trade on simulated assets based on major forex pairs with controlled volatility.
Invest in Derived Indices with Deriv
Key Derived Indices Available:
- Drift Switching Indices (DSI): Simulate market trends with varying regimes.
- DEX Indices: Simulate markets with frequent small movements and occasional major spikes or drops.
- Volatility Indices: Offer constant volatilities, ideal for traders with specific risk appetites.
- Crash/Boom Indices: Predict and profit from sudden market spikes or drops.
- Jump Indices: Markets with constant volatility and predictable jump movements.
- Step Indices: Trade on a market with a fixed step size in price movement.
- Range Break Indices: Capitalize on markets that fluctuate within a range and occasionally break out.
Invest in Derived Indices with Deriv
Stocks & Indices Trading on Deriv
Trade global stocks and indices, and expand your opportunities with access to a wide range of international markets. Deriv offers competitive prices and the convenience to trade beyond standard market hours.
Stocks & Indices Products:
- CFDs: Trade on the price movement of global stocks and indices without owning the underlying assets.
- Options: Benefit from the flexibility and potential of options trading on stocks and indices.
Invest in Stocks and Indices with Deriv
Key Instruments Available:
- American Indices: Including US 500, US Tech 100, and Wall Street 30.
- Asian Indices: Like Australia 200 and Japan 225.
- European Indices: Including Europe 50, France 40, and UK 100.
- Global Stocks: Trade on stocks of leading companies such as Apple, Amazon, and Tesla.
Invest in Stocks and Indices with Deriv
Exchange-Traded Funds (ETFs) on Deriv
ETFs offer a cost-effective way to diversify your portfolio across various asset classes, including bonds, commodities, and indices. With Deriv, you can trade ETFs as CFDs, enjoying high leverage and the ability to speculate on price movements without owning the underlying assets.
Key ETFs Available for Trading:
- Bond ETFs: Such as AGG.US and HYG.US.
- Equity ETFs: Including ARKK.US, SPY.US, and VOO.US.
- Commodity ETFs: Like GDX.US and GLD.US.
- Sector-Specific ETFs: Including XLE.US (Energy Sector) and XLK.US (Technology Sector).
Cryptocurrency Trading on Deriv
Take advantage of the highly liquid and round-the-clock cryptocurrency market. Deriv offers a platform to profit from predicting the price movements of the world’s most popular cryptocurrencies.
Cryptocurrency Products:
- CFDs: Trade on the price movement of cryptocurrencies without the need to own them.
- Multipliers: Amplify your potential gains on cryptocurrency movements with limited risk.
Invest in Cryptocurrencies wiith Deriv
Key Cryptocurrency Pairs Available:
- Major pairs like BTC/USD, ETH/USD, and LTC/USD.
- A wide array of altcoins including ADA/USD, XRP/USD, and SOL/USD.
Invest in Cryptocurrencies wiith Deriv
Commodities Trading on Deriv
Speculate on the price movements of popular commodities such as gold, silver, and oil. Deriv’s commodities trading allows for high leverage and competitive spreads, providing an opportunity to profit without owning the actual commodities.
Commodities Products:
- CFDs: Trade on the price movement of various commodities.
- Options: Use options trading to speculate on commodity price movements with flexibility.
Invest in Commodities wiith Deriv
Key Commodities Available for Trading:
- Metals: Including Gold/USD, Silver/USD, and Copper/USD.
- Energy: Such as Brent crude oil and West Texas Intermediate.
Invest in Commodities wiith Deriv
Deriv’s extensive array of financial products offers traders unparalleled opportunities to diversify their portfolios and capitalize on global market movements. Whether you’re interested in Forex, Derived Indices, Stocks & Indices, ETFs, Cryptocurrencies, or Commodities, Deriv provides a sophisticated, user-friendly platform with competitive trading conditions. Start your trading journey with Deriv and unlock the potential of the global financial markets.
Deriv’s Deposit and Withdrawal Options
In online trading, the ease of managing funds is paramount. Deriv, a prominent player in the online trading arena, understands this necessity and offers a wide array of deposit and withdrawal options to cater to its global clientele. This section looks into the multitude of payment methods supported by Deriv, ensuring that traders can effortlessly fund their accounts and withdraw their earnings. From traditional credit and debit cards to innovative cryptocurrencies, Deriv’s financial pathways are designed for convenience, speed, and security.
Credit & Debit Cards
Deriv simplifies transactions by supporting a variety of credit and debit cards, providing instant deposit times and swift withdrawal processing.
Supported Cards and Features:
- Visa and Visa Electron: Deposit and withdraw in multiple currencies like USD, EUR, AUD, and GBP, with minimums starting at $10 and maximums reaching up to $10,000.
- Mastercard and Maestro: Available for deposits in currencies such as USD, EUR, and GBP. Note that withdrawals are not applicable for these card types.
- Diners: Catering to USD transactions with a rapid processing time.
- Discover: Offers instant deposits but does not support withdrawals.
Withdrawals to cards may take up to 15 working days to reflect, ensuring security checks and banking procedures are thoroughly completed.
Deposit via Credit & Debit Cards
Online Banking
For those who prefer banking transactions, Deriv offers an array of online banking options, each tailored to provide efficiency and ease.
Key Online Banking Methods:
- Local and Major Bank Deposits: Facilitate deposits and withdrawals in USD, with processing times ranging from 1 to 2 working days.
- Pix, Help2Pay, ZingPay, VNPAY, Ozow, PSE: Support various currencies and offer instant deposits, with withdrawal times varying between 1 to 5 working days.
It’s important to note that not all payment methods are available in every country, and withdrawals may take up to 15 working days to be reflected in bank accounts.
Mobile Payments
In today’s mobile-first world, Deriv ensures that traders can transact on-the-go with a range of mobile payment options.
Popular Mobile Payment Options:
- M-Pesa, MTN, Vodafone, Tigo, Airtel, Orange, Zamtel: These services facilitate instant deposits and withdrawals in USD, with transaction limits suitable for a wide range of traders.
Traders are advised to check the availability of these methods in their respective countries.
E-Wallets
E-wallets are a favorite among traders for their convenience and speed. Deriv supports a broad spectrum of e-wallet services, ensuring instant deposits and rapid withdrawal processing times.
Supported E-Wallets Include:
- Advcash, Airtm, Astropay, Jeton, Mifinity, Neteller, Paylivre, Perfect Money, Skrill, Skrill1Tap, Sticpay: These platforms cater to various currencies and offer high transaction limits, proving ideal for both novice and experienced traders.
Cryptocurrencies
For the modern trader, cryptocurrencies offer a decentralized and often more rapid transaction method. Deriv embraces this digital revolution by supporting an extensive range of cryptocurrencies.
Supported Cryptocurrencies:
- Bitcoin, Ethereum, Litecoin, UsdCoin, Tether (ERC20 and TRC20): These digital currencies offer the flexibility of no minimum deposit, with withdrawal limits adjusted according to the latest exchange rates. Transactions are processed swiftly once confirmed, subject to internal checks.
On-Ramp / Off-Ramp Services
Deriv bridges the gap between traditional finance and the digital world by offering on-ramp and off-ramp services, facilitating easy transitions between different forms of currency.
Key Services:
- TenCoins, BitCoinCash, BitCoin, DogeCoin, Ethereum, LiteCoin, Tron, XRP, Cardano, UsdCoin, BNB, Banxa: These services support a variety of currencies and provide instant deposit times, making it convenient for traders to manage their funds.
Use On-Ramp / Off-Ramp Services
Voucher Systems
For added convenience, Deriv offers voucher systems, allowing traders to fund their accounts instantly using pre-paid or digital vouchers.
Available Vouchers:
- LocalVouchers, Oxxo, PagoEfectivo, Spei, OneVoucher, PaySafeCard: These systems support multiple currencies and provide instant deposit times.
Deriv P2P (Peer-to-Peer)
Recognizing the need for a community-driven transaction method, Deriv introduces DP2P, a peer-to-peer deposit and withdrawal service that fosters a secure and collaborative trading environment.
DP2P Features:
- Speedy Transactions: Exchanges are completed within 2 hours.
- Preferred Rates: Exchange local currency at rates you’re comfortable with.
- Trusted Trader Network: Engage with highly-rated traders for reliable exchanges.
- Real-Time Communication: Facilitate faster exchanges through in-app communication.
- Dedicated Support: Deriv’s support team is always on standby to assist with any disputes or queries.
While Deriv aims to process transactions within 24 hours, it’s important to acknowledge that processing times and limits are estimates and may vary due to external factors. Traders are encouraged to explore Deriv P2P for a community-driven transaction experience, with customer support ready to assist whenever needed.
Deriv’s extensive range of deposit and withdrawal options underscores its commitment to providing a seamless and flexible trading experience. Whether you prefer traditional banking methods, the speed of e-wallets, the innovation of cryptocurrencies, or the community approach of DP2P, Deriv ensures that managing your trading funds is convenient, fast, and secure.
FAQs about Deriv’s Service
- What is Deriv?
- Deriv is a leading online brokerage firm offering a comprehensive range of trading services, including CFDs and derivatives across multiple asset classes like forex, stocks & indices, cryptocurrencies, and commodities.
- How can I open an account with Deriv?
- Visit Deriv’s official website, sign up by providing your email, verify your email address, and then choose between a demo and a real account. Fund your account and download the appropriate trading platform.
- What trading platforms does Deriv offer?
- Deriv offers multiple platforms including Deriv GO, Deriv MT5, Deriv X, Deriv cTrader, Deriv Trader, and Deriv Bot, each catering to different trading needs and styles.
- What financial products can I trade on Deriv?
- Deriv provides a wide range of financial products including Forex, Derived Indices, Stocks & Indices, ETFs, Cryptocurrencies, and Commodities.
- Can I trade options on Deriv?
- Yes, Deriv offers a range of options trading products such as digital options, accumulator options, vanilla options, and turbo options.
- What are multipliers on Deriv?
- Multipliers are an innovative product on Deriv that combine the upside of leverage trading with the limited risk of options, allowing traders to amplify potential profits while limiting the risk to the stake amount.
- What deposit and withdrawal options does Deriv offer?
- Deriv offers a wide array of options including credit/debit cards, online banking, mobile payments, e-wallets, cryptocurrencies, on-ramp/off-ramp services, voucher systems, and the DP2P service.
- How long do withdrawals take on Deriv?
- Withdrawal times vary based on the method, with some like e-wallets being instant and others like bank transfers taking up to 15 working days.
- What is Deriv P2P?
- Deriv P2P is a peer-to-peer deposit and withdrawal service that allows traders to exchange funds within a secure and collaborative trading environment.
- How does Deriv ensure the security of client funds?
- Deriv guarantees the protection of client funds through segregation in secure financial institutions and operates under the supervision of multiple regulatory bodies.