Deriv Account Types

Deriv offers a variety of account types to cater to different trading needs and preferences. The main account types include:

1. Standard Account:

• Minimum Deposit: $5
• Leverage: Up to 1:1000
• Trading Instruments: Forex, commodities, indices, cryptocurrencies, and synthetic indices.
• Spreads: From 0.5 pips.
• Execution: Market execution.

2. Financial STP Account:

• Minimum Deposit: $10
• Leverage: Up to 1:1000
• Trading Instruments: Major, minor, and exotic currency pairs.
• Spreads: From 0.1 pips.
• Execution: Direct market access with no dealing desk intervention.

3. Synthetic Account:

• Minimum Deposit: $5
• Leverage: Up to 1:1000
• Trading Instruments: Synthetic indices.
• Spreads: Variable.
• Execution: Market execution with high volatility.

4. Demo Account:

• Virtual Funds: Unlimited for practice.
• Duration: 30-day trial.
• Features: Same functionalities as live accounts.

5. Islamic Account:

• Designed for Muslim traders who follow Sharia law.
• No overnight fees.

These accounts are designed to accommodate both beginner and experienced traders, providing various features and trading conditions to suit individual trading strategies.

Deriv Broker Account Opening Process

The process of opening an account with Deriv is straightforward and can be completed in a few easy steps:

1. Visit the Deriv Website: Go to [www.deriv.com].

2. Click on the “Sign Up” Button: Located in the top right corner of the homepage.

3. Choose Your Account Type: Select from the available account types (Standard, Financial STP, Synthetic, etc.).

4. Fill in Your Personal Information: Provide your full name, email address, phone number, and country of residence.

5. Set Your Password: Choose a strong password for your account.

6. Agree to the Terms and Conditions: Read and accept the terms governing your trading activities.

7. Complete the Verification Process: Verify your email address and submit proof of identity and address (e.g., ID and utility bill).

8. Fund Your Account: Choose a payment method and make your initial deposit. The minimum deposit is usually $5.

9. Explore the Trading Platform: Familiarize yourself with the trading tools and features available on the platform.

10. Start Trading: Once comfortable, begin trading on Deriv's platform.

These steps ensure that you can start trading efficiently while complying with regulatory requirements.