How To Get Started With DerivX

DERIV
When I mention Deriv X to friends, these are the answers that I gt. Firstly “I haven’t heard about it”, secondly “I have only downloaded the app”, thirdly “I haven’t heard about it”, mainly this because a lot of traders are not prepared to try something new. This article will help you as a trader ,understand what DerivX is and maybe get started with it.
Deriv X Definition:
It is an easy and intuitive multi-asset CFD trading platform offering CFDs on forex with various benefits, cryptocurrencies trading or investing and synthetics. There are various customizable features according to one’s preference technical indicator lab, segmented trading activity journal. These enable a you to use a wide range of graphical tools, smartly analyze charts using the laboratory flask symbol and apply various indicators on different charts(bar, candle, line).
Features
- Easily customizable trading environment. Drag and drop widgets, create your own layouts.
- Intuitive tools to keep track of progress by using historical trades from your journal and custom watchlist for your favorite assets.
- Prompt info on margin impact on your account before every trade.
- Multiple feature rich chart.
Deposit Limits
Your max deposit is 2,500. 12 times a day and there are no minimum deposits.
Markets
You can trade can trade cryptocurrencies, commodities, forex CFDs and synthetic indices.
Deriv X account opening
Sign in to your Deriv account, if you don’t have an account create one, go to the Deriv X dashboard, select and add the account type that you want, create passwords, then transfer funds and start trading.
Synthetic | Financial | |
---|---|---|
Account currency | USD | USD |
Maximum leverage | Upto 1:500 | upto 1:1000 |
Order execution | Markert | Markert |
Spread | Variable/Fixed | Fixed |
Commission | No | No |
Minimum deposit | No | No |
Margin Call | 100% | 100% |
Stop out Level | 50% | 50% |
Number of assets | 20+ | 90+ |
Crypto currency trading | N/A | 24/7 |
Trading instrument | Synthetics | Cryptocurrencies, FX-majors, FX-minors, Commodities, Smart-FX |