Deriv offers a wide range of products to its global client base, enabling them to trade forex, stocks, stock indices, synthetic indices, cryptocurrencies, and commodities.
With over 20 years of experience, Deriv’s mission is to bring online trading to everyone, everywhere via a simple, flexible, and reliable platforms tailored to fit any trading style.
Today, Deriv has 10 offices worldwide with over 600 employees from over 50 countries working together to create an effortless online trading experience with diversified, market-leading products.
Go to Deriv’s Official Website
How to open an account with Deriv?
If you rehearse and rehearse, the curtain will never go up.
Having a demo account is a great way to practise, but for a chance to profit from markets, you will need a real account. Rules and regulations will apply depending on the country you are based in.
Deriv aims to make the process as simple as possible. If you are requested for a copy of your ID, please provide it as soon as possible to avoid delays in setting up your account.
Once your real account is open, set yourself a trading goal or plan.
Just keep in mind that trading should not be considered as a means to earn a living, to solve financial problems, or to make financial investments.
Apart from cryptocurrencies, synthetic indices on Deriv are also available round the clock, so you can always come back to trade on Deriv in your leisure time.
You can make trades in USD, GBP,AUD, or EUR even if you are based in a country that has a different base currency.
For example, if you’re based in Indonesia, your home currency is IDR, but you can still trade in USD, which may be more stable than your home currency.
Why trade with Deriv?
Any trade or contract is only as good as the “counterparty”. This is also known as “counterparty risk”.
Deriv has been in business for over 20 years and is an awardwinning online trading service provider which, whilst at the cutting edge, is conservatory managed with zero debt.
The company is regulated and audited. You can see copies of Deriv licenses on its website.
Unlike some brokers that make it easy to deposit money yet hard to withdraw, Deriv enables you to withdraw easily and securely.
Please note that whilst Deriv processes your withdrawal requests efficiently and quickly, the period it might take banks or other financial institutions to perform withdrawals can be longer.
Deriv tries to give you an estimate of the total waiting time.
All your money is segregated and held in secure and licensed financial institutions. In this way, in the unlikely event of Deriv becoming insolvent, all your money will be returned to you because it is never merged with Deriv’s.
Deriv has over 1.8 million trading accounts opened with more than 8 billion US dollars of total trade turnover, so you’re in good hands.
Each trade, even if the trading capital is small, is given a unique reference ID number for the opening and closing.
This means that each trade has a full audit trail that can be checked, so there is no way that the outcome can be manipulated either by Deriv or the trader.
On a side note, if you place a trade and then, for whatever reason, lose internet connection, your trade still continues as it’s placed with the Deriv servers. You can still check the outcome once your connection is re-established.
What you need to know before start trading with Deriv
1. Start small and build up.
Albert Einstein was once asked what mankind’s greatest invention was.
He replied: “Compound interest.” There’s even one claim that Einstein called compound interest the “eighth wonder of the world.”
You need to understand compounding to perceive what a powerful tool it can be.
Below is an excerpt from one of my favourite fables, which sums this up.
The same principle can be used when trading with Deriv.
Excerpt from A Grain of Rice by Helena Pittman The daughter of the Chinese emperor was ill, and he promised riches beyond compare to whoever could cure her.
A young peasant named Pong Lo entered the palace.
With his wit and bravery, he restored the princess’s health and won her heart. As a reward, Pong Lo asked for her hand in marriage.
The emperor refused and asked Pong Lo to think of anything else he would like.
After several moments of thought, Pong Lo said, “I would like a grain of rice.” “A grain of rice! That is nonsense! Ask me for fine silk, the grandest room in the palace, a stable full of wild stallions – they shall be yours!” exclaimed the emperor.
“A grain of rice will do,” said Pong Lo, “but if His Majesty insists, he may double the amount every day for a hundred days.”
So on the first day, a grain of rice was delivered to Pong Lo.
On the second, two grains of rice were delivered; on the third day, four grains; on the fourth day, eight grains; on the fifth day, 16 grains; on the sixth day, 32 grains; on the seventh day, 64 grains; and on the eighth day, 128 grains.
By the twelfth day, the grains of rice numbered 2,048.
By the twentieth day, 524,288 grains were delivered; and by the thirtieth day, 536,870,912, requiring 40 servants to carry them to Pong Lo.
In desperation, the emperor did the only honourable thing he could do and consented to the marriage.
Out of consideration for the emperor’s feelings, no rice was served at the wedding banquet.
2. Manage your money wisely.
Risk too much, and a few bad trades will make you lose your trading bank.
Risk too little, and it’s going to be a long time before you see any decent profits.
As previously explained, money management does not have to be very complicated, but a simple system will ensure that no single trade can wipe out your trading account.
The mistake many new traders make is trying to grow their accounts too fast.
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3. Don’t let your emotions overwhelm you.
Trading with a demo account and trading with real money are not the same.
As in most walks of life, when real money is at stake, irrational and instantaneous reactions might take over.
Since trading can become addictive, it is important to know how to stay in control and remain reasonable, especially when trading with real money.
Besides reading the following tips, please visit Secure and responsible trading for more information.
It may not be possible to trade logically all the time; after all, we are humans, with occasional impulsive decisions.
But by using a system and steadily applying practical experience, you can train your reasoning powers to have a more permanent presence.
Be careful about taking in too much news and over-monitoring your position.
It is easy to overreact to a news story that may cause a short-term spike but is actually not that important in the long run.
Using mobile devices and apps can cause you to make snap decisions that you may later regret.
The same sound judgment should be used with all trade purchase decisions, no matter how or where they’re ultimately executed.
Start trading Cryptos on Deriv
4. Profit potential exists in all markets.
Many still believe that in order to make money, the price of a share, market, currency, or commodity must go up.
However, this is not true.
You can profit from up, down, and even sideways movements, so don’t see falling markets as a negative.
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5. When in doubt, sit it out.
If you watch financial news channels such as CNBC or Bloomberg, it seems that you should always be doing something since the channels are filled with “breaking news.”
Remember: these channels have to fill their airtime, and in many cases, the best trade is, in fact, no trade.
If you are not sure or do not see an opportunity you are happy with, then do nothing and just wait for the next one.
With the many markets offered by Deriv, you will likely find plenty of opportunities at any time of the day or night.
6. The higher the returns, the lower the chance of a payout.
Deriv offers a vast selection of trading opportunities ranging from lower-risk trades with returns of 5-10% to those with higher returns of 100% or more.
Deriv prices trades based on mathematical probabilities.
Of course, unexpected events do happen, but overall, if you are being offered returns of more than 200% for a trade lasting a day or less – just as an example – the reason for such generous returns is that the likelihood of a payout is fairly slim.
Keep in mind that it’s readily possible to “mix and match” your trades on Deriv.
7. Decide carefully on your approach to trading.
Some people trade casually, and that is perfectly fine. Some approach it with a more serious attitude.
While we do not encourage you to view trading as a means to earn a living, to solve financial problems, or to make financial investments, and while I certainly don’t deny the role of chance in trading, we do believe there are ways to trade more smartly, especially when it comes to financial indices.
See the tips under “Keep your emotions in check and trade wisely”.
For instance, keep solid records of your winning and losing trades.
A diary can help with this to complement the tracking tools you’ll find on deriv.com, enabling you to keep tabs on your winnings.
Also, stick to a trading system to help minimise emotional decision-making.
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Money Management and keeping your emotions in check
Regardless of how big or small your account is, it is important to trade responsibly and stay in control of your emotions (visit Secure and responsible trading for more information).
If you react impulsively to market movements when you’re trading with real money, chances are that you’ll suffer serious losses.
It makes sense to slow down a little.
If you’re going through a bad run, then take a step back, reduce the size of your trades, or maybe even go back to using a demo account for a while.
Deriv does not place a time limit on demo accounts, and you can use your real and demo accounts side by side.
In fact, since Deriv is committed to responsible trading, it encourages you to use all of the measures it offers to stay in control at all times.
There’s a practical tip that might help you manage your risks while trading.
Let’s say you start with a $1,000 account.
If you limit your risk on any one trade to 5% of the account, this practice will allow you to keep trading, even with a bad run. Let’s observe this simple system in action.
The maximum stake on a single trade should never be more than 5% of your account total.
So initially, 5% of your $1,000 account balance would be $50. If your balance goes down, then your trade size is proportionately reduced.
Let’s say that – following a few losing trades – your account balance decreases to $900; 5% of this amount would now be $45.
If you have had a good run, then your allowance per trade proportionately increases.
Suppose you’ve had a few winning trades in a row and your account balance has risen to $1,200; your 5% maximum per trade is now $60.
The key is that no one trade should ever blow your trading account.
If your account goes down 50%, how much do you need to put on the line to get back to even?
Most will say 50% to make up for the previous losses, but here’s the problem: You would need the account to move 100% to make this strategy work.
As any trader will tell you, this is not a wise approach.
Big losses are hard to recoup
The maths of percentages shows that as losses get larger, the returns needed to recover to breakeven point increase at a much faster rate.
A loss of 10% necessitates an 11% gain to recover.
Increase that loss to 25%, and it takes a 33% gain to get back to breakeven.
A 50% loss requires a 100% gain to recover.
An 80% loss necessitates 500% in gains to get back to where the investment value started.
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How do you prevent losses from spiralling out of control
Simply be smart in your approach: use the money-management principles described in this guide to keep everything within your manageable range at all times.
You may not be able to control the price of the cryptocurrency, but you can control the amount of risk you place on any one trade, the amount of margin you use, and the total percentage of your account being invested at any time.
Watch that ego. Don’t mistake a lucky run with skill.
After a good run, many become overconfident and start taking stupid risks.
After a poor run, many attempt to play catchup, trying to make their losses back fast.
Both of these slippery slopes are easy ways to lose your trading capital.
Many books have been written on money management with complicated formulas.
The key principle is quite simple: no single trade should ever cause you irrecoverable financial or emotional damage.
However sure you are that XYZ is going to rocket, only a percentage of your trading bank should ever be risked.
Take care when trading on mobile devices
When real money is at stake, you need to be careful.
Technology is wonderful; today, you can carry the power of a supercomputer in your pocket.
It’s now possible to make trades on the move from a mobile device from anywhere but do take care.
Some tend to trade very differently on mobile devices than they do when they are sitting at a laptop or desktop.
Be sure to apply the same level of strict discipline to trades purchased on mobile devices as you would on your desktop.
It’s all a matter of mindset.
Frequently Asked Questions about Deriv’s registration
- I’m new to trading. Where do I start?
- The first step is to open an account. You can apply online in just a few minutes.
- Do I need to send any documents?
- Deriv works to a high compliance standard as required by its regulators. Know Your Client (KYC) is now required in many countries. Deriv works hard to make this as simple as possible and not cause unnecessary delays.
- Do you offer demo accounts?
- Deriv offers a demo account, so you can get the hang of trading before staking any actual currency of your own. There is no time limit on a demo account, and a real account and demo account can run concurrently.
- Will I need to install any software?
- Deriv is entirely web-based and requires no software installation. You can also use a tablet or other mobile device. MT5 does require an app to be downloaded, and this is available at Google Play Store and Apple App Store.
- How soon can I start trading?
- You can open a Deriv account, deposit funds, and begin trading within minutes.
- How safe is my money with Deriv?
- Your money is always safe with Deriv and held in segregated accounts at all times.
- How does Deriv make money?
- Deriv has thousands of clients taking a variety of positions on financial markets at any time and earns a small margin on these trades. It does not charge clients any commission.
- If I make too much money, will my account be closed, or will I be banned?
- No. Deriv encourages successful clients and will not close or limit a winning account. Deriv can hedge trades into financial markets, which means they have no vested interest in the client’s final result.
- Do I need to deposit any funds to open an account?
- You don’t need to deposit any money to open an account, but you need to deposit
- How do I fund my account?
- Deriv offers a range of common deposit and withdrawal methods, from credit and debit cards to bank wires, e-cash, Bitcoin, and e-wallets.
- Is it possible to deposit and withdraw the same funds through different payment methods?
- Unfortunately, no. Funds initially deposited through one payment method must be withdrawn through the same system; funds cannot be transferred to an alternate system for withdrawal. However, Deriv offers a wide variety of payment methods to suit your specific needs and preferences
Go to Deriv’s Official Website
Please check Deriv official website or contact the customer support with regard to the latest information and more accurate details.
Deriv official website is here.
Please click "Introduction of Deriv", if you want to know the details and the company information of Deriv.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...