Create Account Quickly and Hands-Free at Deriv
Deriv is an online trading platform available 24/7 with a vast selection of derivatives and more than two decades of experience.
The broker provides clients with a free demo account so they can practice trading in real-time without risking their own funds - an ideal way to learn the ropes and make money quickly.
Online trading platform
Trading platforms enable investors to place stock and option trades online. Generally, they provide an intuitive user interface as well as basic order entry screens for novices, plus market statistics and research.
When selecting a broker, you should take into account its fees and features, as well as the level of support you require. Some brokerages provide complimentary services like stock screening and advice on winning strategies; others are more expensive with monthly fees or requirements to make certain number of trades.
Once you select the broker that best meets your needs, it's time to open an account. You have several options for doing this - check, wire transfer or transfer of holdings from another brokerage.
Before investing your money, be sure to research whether the broker offers real-time stock quotes. Delayed quotes can lag behind by at least twenty minutes from the actual price of a stock.
If you're new to the market, a demo account from a broker might be beneficial. This gives you an opportunity to practice your trading skills and gain more insight into how markets function before risking actual funds.
Before investing with their own funds, traders should create a written trading plan. Doing this helps keep you on track and prevents making poor decisions.
It's essential to remember that your strategy may not work in the future, so you should continually evaluate it and make necessary changes. Doing this will give you peace of mind that your investment plan is working and producing income in the long run.
Derivatives such as futures and swaps may not be without risk, but they still offer potential for significant profits. A combination of futures and spot positions could yield over 15% annual yield in some cases.
If you want to gain more knowledge about derivatives, it is wise to do some research and speak with a financial advisor before investing your own funds. A solid grasp on how these products function can prevent you from falling prey to fraud or losing valuable funds.
247 customer support
If you're considering starting with an online brokerage, Deriv has an impressive customer support team. Their live chat service is accessible 24/7 so that you can always get help when needed. Alternatively, you can submit a support ticket and wait for an agent to respond.
Deriv not only offers excellent customer service, but it has plenty of other impressive features as well. These include a powerful mobile trading app and free demo accounts - perfect if you're just starting out and want to test the waters before investing money into actual live trading accounts.
Deriv is proud to be a member of the Financial Commission, giving you all of the same protections as an equities brokerage. In fact, Deriv has been licensed and regulated to serve clients from various jurisdictions around the world. Other noteworthy attributes include its impressive selection of trading platforms, extensive educational resources, and competitive spreads. But perhaps most impressively, Deriv's largest office is located right here in New York City - offering its clients some serious advantages!
20+ years of experience
Deriv has 20 years of expertise in the financial market and boasts 2.5 million active traders as well as 24/7 customer support. Furthermore, Deriv offers a free demo account where investors can practice without risk with unlimited virtual funds.
Forex traders of all levels can take advantage of Deriv's wide array of trading tools and platforms. The broker offers competitive spreads on major currency pairs, starting at 0.6 pips. Furthermore, Deriv provides trading on several exotic pairs as well.
Deriv offers CFDs on cryptocurrency and basket indexes in addition to forex. This gives clients the opportunity to trade in the volatile world of digital currencies, which many regard as one of the most exciting and lucrative markets.
Cryptocurrency traders can take advantage of leverage up to 1:1000 and tight spreads on some of the most popular cryptocurrencies, including Bitcoin and Ethereum. Furthermore, they provide multipliers on these assets - a unique feature which combines trading with leverage but limits risk with options trading.
Commodities can also be traded on Deriv, with leverage up to 1:500 and spreads starting at 0.6 pips. This provides you with an excellent opportunity to diversify your portfolio away from traditional asset classes like forex and stocks.
The company provides floating spreads, which fluctuate based on market conditions. These prices are competitive and can help you make profits in any market condition.
Traders have a choice of deposit and withdrawal methods, such as bank transfers, credit/debit cards, e-wallets, and crypto. The minimum deposit requirement is $5; withdrawals are free of charge.
The online trading platform boasts more than 50 tradable instruments, such as forex, cryptocurrencies and synthetic indices. Furthermore, it provides automated strategies through its DBot and Binary Bot tools; these enable traders to construct custom strategies without needing any programming experience.
Create free demo account
Demo accounts offer the perfect opportunity to practice trading strategies without risking any money. They allow you to experiment with new ideas and discover the features of your broker. Furthermore, demo accounts may be helpful in troubleshooting data problems or creating dashboards and reports from scratch.
Deriv, an online trading platform, offers a free demo account to all new clients that is easy to complete. Simply provide your personal details and the website will send an email with a link to verify your account. After doing this, you can use your demo account to trade on the DERIV platform.
Demo accounts offer one of the greatest advantages: a real-time simulation of the market. This enables you to develop an efficient strategy tailored to your investment needs and objectives, as well as setting risk limits that won't leave you broke quickly.
Signing up for a demo account on the Deriv website is simple with your Facebook, Gmail, or Apple ID. Just fill in your personal information and select your preferred password along with your country of residence.
Some brokers require you to make a deposit before trading with real funds, while others don't. It is essential that you thoroughly read through the terms and conditions of a demo account prior to signing up.
Another advantage of a demo account is that it allows you to practice trading strategies with virtual money. It's an ideal way to test new approaches and gain insight into different markets before risking real funds.
However, it's essential to be aware that a demo account won't have the same impact on your trading psychology as actual money. Because you aren't risking real cash, it can be easy to become complacent and neglect market updates. This could lead to dangerous habits which could prove costly when trading for real.
Thankfully, topping up your demo account with Deriv is simple. Just log in to your account and click 'deposit funds'. Select the amount you wish to deposit, and Deriv will allocate it to your account immediately.