There are several forex trade sites on the internet with different motives. But in this review we will be focusing a forex trade site called Deriv.com.
Deriv is not a new website or platform. But we draft and publish this Deriv.com review to give our readers our honest opinion about Deriv.com.
Now, let’s see what Deriv really have to offer.
Although, there are several reviews about Deriv.com on the internet. But some might not provide all the answers to some of the query you want to know about Deriv.
After reading this Deriv.com review, you will know all the necessary information you need to trade on the forex platform. And most importantly, find out if Deriv.com is legit or scam.
Brokers are provided with several trading features on Deriv.
It is obvious that forex need investment or capital to trade on it. And Deriv.com is not an exception.
Invest on different stocks on Deriv. And monitor the volatility index chart to understand if stock market is going on Deriv.com.
One interesting thing about Deriv is that users can make use of bot to trade. And they don’t have to stress their self on trading. The bot will do the trading process.
There are several trading bot provide on Deriv.com with different trading efficiency. Even though, you don’t know anything about forex or broker the bot will help you on Deriv.
When was Deriv.com Launched
It is quite amazing that Deriv has been in the forex industry for very long period of time.
Deriv.com was allegedly established in 1999. With millions of users across the world.
Who is the Owner of Deriv.com
Deriv is owned by Jean-Yves Sireau. And the platform is made to provide effective forex trading for broker.
Deriv.com Account Types
The forex or broker site called Deriv has two types of account on their platform. Which is the demo account and real account.
Deriv.com demo account is provided to customer for them to learn how trade work and understand the broker platform. And Deriv give them the sum of $10,000 to make use of the demo account efficiently.
Note that the money given in this demo mode are not real money that can be withdrawn, it is just for learning.
While the real account on Deriv is the real deal. With Deriv.com real account. Users get to invest on trade
Deriv.com Sign Up
To get started with Deriv, you have to sign up on the forex website. Sign up on Deriv.com by following the easy steps provided below:
* Click https://deriv.com/signup/
* Choose to sign upon Deriv with Email, Google, Facebook, Apple.
* Verify messagessage will be sent to the channel you use to sign up on the platform. Click on verify to complete sign up.
* Input country.
With the process above, you have only created a Deriv.com account. And the website with provide you with two account.
The two account are real account and demo account. Deriv demo account is provided for user to understand how forex trade work. And the site provides the demo account with $10,000 for testing trade and learning how to trade.
Deriv.com app can also be downloaded on Google play store and App store on iOS for better user experience.
The only information required to login on Deriv is the email or any other mean you use to sign up and password.
How to create Deriv.com real account
After signing up on Deriv.com. Create a Deriv real account by:
* Tap and Select real account option on the site’s homepage.
If you can’t find the real account option on the homepage of Deriv.com. Make use of the drop-down button at the site homepage.
* Click ‘Add’ on Deriv account.
* Select account currency from either flat currency or cryptocurrency.
* Enter names, date of birth, Phone number, lines of address, town/city, state/province, postal/zip code.
* Select identity information. Either driver’s license or National identity number slip.
* Complete creating Deriv real account.
Where Deriv.com is prohibited
Deriv.com broker is not available for trading in countries like United States of America, Canada and Hong Kong.
And Deriv services is not available to individuals below the age of 18.
How to Withdraw on Deriv.com
Withdraw on Deriv.com by following the steps provide below:
* Download the Deriv P2P app.
* Login to the app.
* Verify email.
* Select withdrawal method. Bank transfer,Astropay, cryptocurrency platform and so many other methods.
* Enter amount to withdraw.
* Input password.
It is advisable to download the Deriv.com P2P app on Google play store or App store on iOS.
How to Deposit on Deriv.com
Deposit on Deriv.com by following the instructions below:
* Login to Deriv.
* Navigate to cashier section.
* Select payment method that is suitable for your country.
* Enter amount you want to deposit.
* Provide the payment method account information and login.
* Check balance and confirm payment with the wallet.
* Confirm your email address.
Is Deriv.com Legit or Scam
Apart from Deriv.com, if you check the review of most broker or forex platforms online. You will see reviews from customers that the platform will take your money and all that. Which is not true
Individuals have to understand that trading on forex platforms is a win or lose investment. And the reason why most customer lose is because they lack good knowledge and skills to trade on broker initiative.
Anyways, Deriv is a legit broker platform that you can invest and trade on. And you get to understand how to trade asset, stock & indices, cryptocurrency and so many other features.
In conclusion, before you trade on any forex website like Deriv.com, acquire a forex trading skill or better still make the Deriv trade bot do the trading for you.