Deriv Account Types

Deriv offers clients a choice between four live account types, each tailored to different trading needs:

• Standard Account:
• Leverage: Up to 1:500
• Spreads: From 1 pip
• Account Currency: USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKD
• Best For: Novice and intermediate traders looking for a user-friendly platform with reasonable trading conditions.
• Zero Spread Account:
• Leverage: Up to 1:500
• Spreads: From 0 pips
• Account Currency: Same as the Standard Account
• Best For: Traders who prefer ultra-tight spreads to reduce trading costs.
• Swap-Free Account (Islamic Account):
• Leverage: Up to 1:500
• Spreads: From 1 pip
• Account Currency: Same as the Standard Account
• Best For: Traders following Islamic law who wish to avoid paying interest.
• Financial Account:
• Leverage: Up to 1:500
• Spreads: From 1 pip
• Account Currency: Same as the Standard Account
• Best For: Professional traders requiring advanced trading tools and features.

Deriv Broker Account Opening Process

To open a Deriv trading account, follow these steps:

• Visit the Deriv Website: Navigate to the Deriv trading website.
• Register Your Email Address: Click on the "traders hub" option and select "real" > "CFDs".
• Choose Account Type: Select the desired account type from the options available.
• Agree to Terms: Read and agree to the terms and conditions, then set a password for your account.
• Fund Your Account: Deposit funds into your account using various payment methods such as bank transfers, credit/debit cards, or e-wallets.
• Start Trading: Once your account is funded, you can begin trading on the Deriv platform.

This streamlined process allows you to open a trading account quickly and start trading with minimal hassle.