Deriv Account Type

Deriv offers several types of trading accounts to cater to different trading preferences and experience levels. The main account types include:

• Standard Account:
• Minimum Deposit: $5
• Ideal for new and experienced traders.
• Access to all asset classes with competitive spreads and no hidden fees.
• Advanced Account:
• Minimum Deposit: $100
• Designed for experienced traders.
• Offers lower spreads, faster execution, and a dedicated account manager.
• Professional Account:
• Minimum Deposit: Varies (generally higher than other accounts).
• Tailored for professional traders.
• Provides the lowest spreads, priority service, and personalized trading conditions.
• Synthetic Account:
• Minimum Deposit: $5
• Access to synthetic markets, which simulate real-world market conditions.
• Leverage up to 1:1000.
• Financial STP Account:
• Minimum Deposit: $100
• Designed for traders preferring straight-through processing.
• Access to over 50 tradable assets including forex, commodities, and cryptocurrencies.
• Demo Account:
• Available for all users.
• Allows practice trading with virtual funds (up to $10,000).
• Ideal for beginners to improve their trading skills without risk.

Deriv Broker Account Opening Process

Opening an account with Deriv is a straightforward process. Here are the steps to follow:

• Visit the Deriv Website: Go to deriv.com.

• Choose Account Type:

• Click on “Create Free Demo Account” or “Register with a Social Network” for a demo account.
• For a real account, select “Add Account” after logging in.
• Email Verification:
• Enter your email address and check the terms of service box.
• Click on “Create Demo Account” or “Add Account” and verify your email via the confirmation link sent to your inbox.
• Fill in Personal Information:
• For a real account, provide your country of residence, personal details (name, date of birth, phone number), and address.
• Identity Verification:
• Upload required documents such as a valid photo ID and proof of residence (utility bill or bank statement).
• Account Setup:
• Choose your account currency (USD, EUR, etc.) and set a strong password.
• Start Trading:
• After completing the registration and verification, you can make a minimum deposit (starting from $5) and begin trading on the platform.

By following these steps, you can successfully open an account with Deriv and start your trading journey.