Derreck Account Type

Derreck offers a limited range of account types primarily categorized into standard and professional accounts. Both account types share common features, including a minimum deposit requirement of $1,000 and a maximum leverage of 1:300. However, specific details about spreads and additional features are unclear, raising concerns about the transparency and legitimacy of these accounts. It is essential to note that Derreck is an unregulated offshore broker, which significantly increases the risk associated with trading through them.

Derreck Broker Account Opening Process

Opening an account with Derreck involves the following steps:

• Visit the Website: Navigate to derreckfx.com to access the account registration section.
• Fill Out the Application: Complete the online application form, providing personal information such as your name, address, and contact details.
• Deposit Funds: After your application is approved, you will need to fund your account with a minimum deposit of $1,000. Payment methods may include bank transfers or cryptocurrencies like USD Tether.
• Start Trading: Once your account is funded, you can begin trading on the platform. However, be cautious as the trading conditions and legitimacy of the broker are questionable.

Please be aware that due to the lack of regulation and transparency, it is advisable to consider other reputable brokers before proceeding with Derreck.