What is a Deriv VIP Account?
Deriv is an international trading company that offers traders a convenient choice of several proprietary terminals and a range of financial services. Its clients can trade Forex assets, cryptocurrencies, stocks, indices (including synthetic ones), CFDs, and digital options.
It is possible to open a demo account, practice trading, and test different strategies without time restraints. Traders can also switch to a real trading account when they are ready.
The Deriv Group of companies
The Deriv Group of companies offers financial products and services to clients in a number of different jurisdictions. These include Malta, Isle of Man, Vanuatu, BVI and Malaysia.
The broker holds several licenses in the EU and the UK, including an FX trading license issued by the Malta Financial Services Authority. It also holds a license issued by the British Virgin Islands Financial Services Commission. In addition, the company has subsidiaries in Jersey, St. Vincent and the Grenadines, and Labuan, Malaysia.
Deriv is a licensed Forex broker with a good reputation, offering a wide range of trading assets on the MetaTrader5 platform. They also offer several other proprietary platforms, including DTrader and Dbot for Multipliers and Digital options, and SmartTrader for Synthetic Indices traded on leverage of 1:1000.
Although Deriv is regulated and licensed in Malta, the broker still offers gambling products and services alongside the standard FX pairs, which increases the risks for clients. They offer Synthetic Indices, multipliers and digital options that are significantly riskier and less regulated gambling products that we do not recommend to new traders.
Deposits and withdrawals are processed within a day. Traders can use a variety of payment methods, including debit/credit cards and e-wallets. Withdrawals are free of charge, but some fees may apply depending on the bank or withdrawal method.
Deriv is a popular binary option broker, with millions of customers worldwide. It provides a variety of trading tools, including a live community forum and an academy section for novices. It also offers live signals and a VIP account for advanced traders. Moreover, the company offers a referral program for users who invite others to open accounts with them.
Data protection
To be a successful online trader, you must know the law. That is why Deriv makes it a point to comply with all applicable laws regarding the security of client funds and personal data. It also offers several options to protect against hacking. For example, it uses a two-factor authentication system to prevent unauthorised access to your account. Traders can use online banking, mobile apps, bank cards and e-wallets to replenish or withdraw their winnings.
The Deriv Group is also on the ball when it comes to customer service. This includes a dedicated help desk. The company's customer support is available around the clock and can be accessed through email, chat or phone. The best part about this service is that it is completely free.
Account opening
Account verification is a vital part of forex trading and it is essential for a forex broker to be able to know if a trader is genuine or not. This process allows forex brokers to verify the identity of their clients and is also important for ensuring that traders have the funds they need to trade safely and legally.
The account opening process for Deriv accounts is simple and consists of filling in personal information and providing the required verification documents. Traders can register using a range of methods including Facebook, Google, and email addresses.
Once you have registered your account, you will be sent an activation link by email. Follow the link to confirm your email address and you can then begin trading.
Deriv offers a wide range of trading instruments and accounts with competitive trading conditions, comprehensive services, and 24-hour customer support. These include a standard account, a financial STP account, and a synthetic account.
Traders can deposit and withdraw funds from their accounts in multiple ways, including online banking, bank cards, e-wallets, and cryptocurrency. Withdrawals are processed within a few days and can be made via debit/credit cards, such as MasterCard and Maestro, or through e-wallets like Perfect Money, Skrill, Neteller, WebMoney, PaySafeCard, Jeton, SticPay, Airtm, Boleto Bancario, Paylivre, and OnlineNaira.
There are no fees associated with deposits or withdrawals on the Deriv platform. However, if you wish to use a credit or debit card to fund your account, you will need to verify your identity before making the transaction.
To create a Deriv account, simply navigate to the company's website and tap "Create" in the upper left corner of the page. From there, you can choose a currency, such as USD, EUR, or GBP, and a trading account.
A Deriv account can be used to trade forex, commodities, stocks, and indices. Leverage can reach a maximum of 1: 1000, and there are also several advanced trading options.
Besides trading, you can also become a Deriv payment agent and earn a commission by helping other traders move funds into their accounts. This can be a very lucrative way to make extra income but to do this you will need to verify your Deriv trading account first.
Account management
A deriv vip account is a special type of account that enables traders to receive additional benefits. These include a lower minimum deposit, better spreads, higher leverage, and more trading tools. They also offer exclusive access to the Deriv bot, which helps create your own trading strategy and can be used with a variety of assets.
To start trading with a Deriv account, the first step is to register on the company’s website. This can be done by clicking on the link “Create a new account” at the bottom of the page and following the instructions.
Once you’ve registered, you can start using your account to trade on various markets. Traders can choose from various currencies, commodities, cryptocurrencies, and indices. Moreover, they can also use synthetic indices to make their trades more lucrative.
During the registration process, you will be required to verify your identity. This is a very important step that prevents anyone from making fraudulent transactions or stealing your money. In addition, you can activate two-factor authentication for added security.
You can replenish and withdraw your funds from your account through online banking, bank cards, e-wallets, or cryptocurrency wallets. However, you should know that some payment agents have restrictions on the minimum and maximum amounts you can withdraw or deposit.
Another option is to open a sub-account. This can be done on the website’s User Centre page, but you need to set up two-factor authentication before doing so. Once you’ve established the two-factor authentication, you can then access your sub-account and manage it accordingly.
In addition to this, you can also participate in an affiliate program. The earnings from this program depend on the performance of your referrals, and you can earn up to 30% of their income.
Deriv offers a variety of trading instruments for its clients, including fiat currency pairs, cryptocurrencies, commodities, indices, stocks, and digital options. They also provide their clients with a number of proprietary terminals for trading different instruments. In addition to these, they have a variety of other tools that help you get the most out of your account.