What is the Minimum Deposit on Deriv?
Deriv is an established international multi-asset broker that has been around since 1999. It provides traders with a selection of trading platforms and payment methods to suit any need or preference.
Deposits and withdrawals are typically processed within one business day (Monday-Friday, 9:00 am-5:00 pm GMT+8); however, some banks and money transfer services may require extra time.
Method
Deriv offers a range of payment methods for depositing and withdrawing funds, including bank wire, credit/debit cards, e-wallets, and cryptocurrency. Each funding method has its own minimum deposit and withdrawal amounts as well as associated currencies and processing times.
Depositing on Deriv is the simplest option; simply use a card from your bank or credit card. Alternatively, you can fund your crypto wallet to store funds in Bitcoin and Ethereum.
If you choose this route, first sign up for a Deriv account and verify your banking details. Afterwards, you can start transferring funds into the trading account.
This deposit method is both speedy and efficient. All you need to do is enter your Deriv account credentials, and your funds will be deposited within minutes. Furthermore, you can withdraw them instantly as well.
Deriv offers traders the ideal alternative to traditional online bank transactions, with fees and costs eliminated. In fact, it's the cheapest way to fund or remove money from a Deriv account.
Unfortunately, this deposit method is unavailable for clients living in the USA, Canada, Hong Kong and other countries. Furthermore, there is a dormant fee applied to deposits not made within 12 months.
Crypto wallets are unique accounts that store both public and private keys. These accounts enable the exchange of cryptocurrencies, and can be accessed from any device with internet access.
Crypto wallets provide a secure way to deposit any type of digital asset, such as Ethereum, Ripple, Litecoin or USD Coin. With them you don't have to worry about compromising your privacy when transferring funds.
Deriv, as a multi-regulated broker, guarantees your money is secure and does not mix with its operational funds. This ensures your funds remain separate from the company's profits and are fully safeguarded in case of bankruptcy or other issues.
Deriv is licensed and regulated by both the Malta Financial Services Authority (MFSA) and Vanuatu Financial Services Commission, making it a secure, trustworthy place to trade with high confidence. Furthermore, Deriv boasts an impressive reputation for its tight spreads, leverage of up to 1:1000, and high liquidity levels.
Currencies
Depositing money onto the Deriv network is easy with one of several payment methods or our many e-wallets. This secure method ensures the safety and security of your assets during this process, with cash deposited directly into your Deriv account - one of the world's largest and most reliable online banking networks - from anywhere in your home or office.
Minmax
Deriv is a highly-rated online broker that offers various trading products. With its low minimum deposit amount of only $5, Deriv is perfect for beginners in the market. Furthermore, Deriv offers free withdrawals so traders can test their luck without financial strain.
Deriv offers several methods for making deposits, such as crypto wallets and credit cards. The latter is particularly convenient since it requires less paperwork than other methods. Traders can select from a selection of credit and debit cards from Visa and MasterCard brands.
Deriv customers often opt for the e-wallet as a secure and efficient method of making deposits. It utilizes cutting-edge encryption technology that protects your data from malicious attacks or hackers.
Card deposits are a popular choice among traders due to their speedy and straightforward nature. All you need to do is follow a few easy steps, or if you need something fast, take advantage of the mobile version available too.
When making a deposit at Deriv, the two primary options are an e-wallet or credit card. But for something more unique, consider using a p2p deposit instead. This type of transaction allows you to exchange funds freely between yourself and another trader without any hassles - plus it's an excellent opportunity for extra income!
Withdrawal
Many investors make substantial profits trading on the internet. But if they can't withdraw these earnings when desired, all their hard work could be for naught. Therefore, finding a broker who allows its clients to withdraw funds quickly is paramount.
Deriv offers a comprehensive selection of deposit and withdrawal methods, such as credit/debit cards, bank wire transfer, e-wallets, and cryptocurrencies.
Deriv does not have a minimum deposit requirement, however you may have to pay an administration fee when making withdrawals. These costs vary based on the method of withdrawal and your country's regulations.
If you have a MasterCard or Maestro card, you must verify your account before withdrawing funds. You can do this by uploading either a copy of your ID card or proof of residence.
Deriv has set a limit of $10 000 on the amount you can withdraw through their payment options. Once reached, verification documents must be provided before another withdrawal can be processed.
Alternatively, you can utilize the DP2P service to withdraw your Deriv funds. This will take only ten minutes and provides a hassle-free method of making the withdrawal.
It's essential to note that the link Deriv provides when withdrawing funds can only be used for a certain amount of time. If you don't click it before then, the link will no longer function and you won't be able to take out your cash.
Withdrawals typically take one business day to process, unless stated otherwise. Please be aware that some banks and money transfer services may need extra time to process your request.
Deriv is an ideal option for South African traders due to its wide selection of trading instruments and payment methods. Furthermore, it has a license with an extensive regulatory profile which lends legitimacy to its operation; additionally, Deriv offers excellent customer service.