• eur/usd 1.1862

    0.18

    BTC/usd 15.674.99

    8.60

    ETH/usd 674.99

    13.60

  • eur/usd 1.1862

    0.18

    BTC/usd 15.674.99

    8.60

    ETH/usd 674.99

    13.60

  • eur/usd 1.1862

    3.95

    BTC/usd 15.674.99

    4.78

    ETH/usd 674.99

    11.37

How To Open A Trading Account On Deriv

open account wallet in a circle

open account wallet in a circle

What is a trading account?

To start trading Forex, one needs to open an account with a broker first. A trading account gives you access to the world Financial market and enables you to execute trading operations online.

A trading account is more alike to a bank account. It can also be used for storing, depositing, and withdrawing money. Traders can use different payment systems to send funds to their accounts and to withdraw them. The primary purpose of any trading account is to make transactions (open and close orders) with various financial instruments. The list of these instruments can vary depending on the account type.

Purpose of having a financial trading account

This account can be used to hold financial assets such as stocks, bonds, foreign exchange, and other investment vehicles. Typically, a trading account allows the buying and selling of securities, otherwise known as day trading. According to the rules set by the Financial Industry Regulatory Authority (FINRA), day trading is a form of trading where assets in a margin account are purchased and sold within a single day. Unlike a national ID a person can have multiple trading accounts for serving the purpose above.

Steps that you follow when opening Deriv Account

Step 1

Go on to Deriv official website, on your browser you can type “Deriv.com login” then sign up.

Step 2

Click on sign up and create a free demo account, enter your email and submit

Step 3

Confirm registration on your email address, click the link that have been generated.

Step 4

Create new virtual account and upgrade to real account

Step 5

Click: platforms, advanced, access mt5 dashboard and log in your real account

Step 6

Select synthetic indices or select Financial then start trading, you can trade synthetic indices, forex, stocks and indices you can as well trade commodities and cryptocurrencies

 

 

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