Deriv is one of the most popular trading platforms due to its wide range of financial instruments. i.e., synthetic indices, cryptocurrencies, forex, and commodities. It offers the most innovative services when it comes to trading experience. Also, Deriv lets you start a trading journey with a minimum deposit.
According to the latest data, Deriv allows trading with a minimum deposit of 0.01 USD which is extremely low compared to other trading platforms. Moreover, no deposit fee lets you save more money while with the latest trading tools Deriv allows you to generate more profit.
What is Deriv Minimum Deposit?
The minimum deposit on direct is 0.01 USD which is low enough to allow anyone to start trading without investing everything. According to the Traders Union, it is the lowest deposit compared to any other trading platform.
Deriv Zero Deposit Charges
To make your trading journey easier, there are no hidden charges or fees during deposit and account creation. However, it is important to know that if you use a payment system for deposit, you have to pay some amount to the provider.
For example, if you choose a credit card transaction for deposit, the provider will charge you an average fee from 1 to 3%. There is zero deposit, zero withdrawal fee, and zero withdrawal fee in USD on Deriv, which makes it exceptional from all other brokers.
How To Deposit Money To The Deriv Trading Account?
What Are The Deriv Base Account Currencies?
There are many Deriv-based account currencies, including USD, GBP, and BTC. Deriv motivates customers to use base account currencies because it allows them to enjoy trading without paying conversion fees. Also, it helps them to simplify account management and make trading easy for you. Guide for Creating the Mt5 Account for Deriv See How.
How Much Money Do I Need To Start Trading On Deriv?
There may be a sligh difference between the required trading amount and the advertised minimum deposit. You may have to pay the advertised minimum amount with no hidden charges to create an account.
However, it is important to know that you have to pay a fee to the provider or some extra amount to step into the world of actual trading. The amount you need to start trading directly depends on available leverage and trade size. It is advised to keep leverage lower than 1:30. To open a micro lot, you need almost $33 which is different from the deposit amount.
The Bottom Line
Deriv is a trustworthy licensed and regulated broker. Also, it lets you get a hand over the most innovative trading tools. No one can beat the minimum deposit amount. As the deposit amount is extremely low with zero charges or fees. If you want exceptional trading experience, try Deriv Broker with a minimum deposit amount of 5 USD.
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