Why you should trade with Deriv
Deriv is a platform that provides online trading and investment services worldwide. The platform offers a wide range of financial instruments, including Forex, CFDs, cryptocurrencies, and synthetic indices.
Deriv is part of the Binary Group, founded in 1999, and has been in operation since 2018. The platform prides itself on its secure and reliable trading environment, with 24/7 support, low minimum deposits, and fast withdrawals.
The platform offers several account types, including a demo account, with different minimum deposits, leverage ratios, and spreads, depending on the user’s trading preferences. In addition, the platform offers a variety of educational resources, such as video tutorials, webinars, and eBooks, to help traders improve their skills and make informed trading decisions.
Deriv’s trading platform is available through different devices and platforms, such as desktop, mobile, and web. The platform has a user-friendly interface, with various customizable features, including charting tools, technical indicators, and risk management tools. Deriv supports multiple languages and payment options, including credit/debit cards, e-wallets, and bank transfers.
Overall, Deriv offers a comprehensive and flexible trading solution for both novice and experienced traders. With its wide range of financial instruments, educational resources, and advanced trading tools, Deriv provides traders with the necessary tools to succeed in today’s financial markets.
Instruments available to trade on deriv
Deriv offers a diverse range of financial instruments for trading, including:
1. Forex: Trade major, minor, and exotic currency pairs, such as EUR/USD, GBP/USD, and USD/JPY.
2. CFDs (Contracts for Difference): Trade popular stocks, indices, commodities, and cryptocurrencies like Apple, NASDAQ, Gold, and Bitcoin.
3. Synthetic Indices: Trade synthetic indices that simulate real-world markets, such as the Volatility Index, Crash 500 Index, and Boom 500 Index.
4. Binary options: Binary options allow traders to predict whether a particular asset’s price will rise or fall within a specific time frame.
Deriv also offers demo accounts for all its financial instruments, making it easy for traders to practice their trading strategies and learn more about the platform without risking their real money.
In summary, Deriv provides its users with access to a broad range of financial instruments enabling traders to engage in different asset classes and thus provide a greater spread of investment strategies.
Why you should trade synthetic indices with Deriv
1. 24/7 Trading: Synthetic indices are available 24/7, allowing you to trade even during non-market hours. This offers you greater flexibility and opportunities to trade at any time that’s convenient for you.
2. Lower barrier to entry: Synthetic indices have a lower barrier to entry compared to traditional financial markets. You can start trading synthetic indices with as little as $1 on Deriv, which attracts more traders.
3. Dynamic market conditions: Unlike traditional markets where the movement of prices is primarily driven by politics and economics, synthetic indices offer more predictable market movements. The indices’ movement is based on specific algorithms that are more predictable than real-market conditions.
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4. No Slippage and instant trade execution: Deriv’s Synthetic Indices prices follow a real market, which eliminates the risk of slippage. Moreover, with Deriv’s state-of-the-art technology, synthetic indices trade almost instantaneously, ensuring you trade the indices you intended to.
5. High leverage: Deriv offers high leverage on synthetic indices, giving you the potential to maximize your profits, although it comes with significant risks.
Trading synthetic indices with Deriv provides an excellent opportunity for traders to diversify their portfolio and hedge their risks. Synthetic indices are also an easy way for novice traders to learn about the markets without having to deal with complexities of real market fluctuations.
Means of payments available on Deriv
Deriv (formerly known as Binary.com) is an online trading platform that offers a variety of financial products, including forex, commodities, and cryptocurrencies. It provides a range of payment methods for traders to fund their accounts, including:
1. Bank transfer: Traders can transfer funds to their Deriv account via bank transfer. This method may be subject to bank fees and may take several business days to process.
2. Credit/debit card: Deriv accepts payments via Visa, MasterCard, and Maestro cards. This method is typically faster than bank transfer, and the funds are usually available in the trader’s account immediately.
3. E-wallets: Deriv supports popular e-wallets such as Skrill, Neteller, Webmoney and whatnot as well as mobile payments like mpesa, Tigopesa and Airtel money through Astropay. These payment methods are fast, reliable, and often come with lower fees than bank transfer or credit/debit cards.
4. Cryptocurrencies: Traders can also deposit funds using cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Deriv supports deposits in multiple cryptocurrencies, and the funds are usually credited to the trader’s account within a few hours.
5. Deriv P2P: Deriv peer to peer is a fast and secure peer-to-peer deposit and withdrawal service. That allows easily exchange with fellow traders to move funds in and out of your Deriv account.
It’s worth noting that the availability of payment methods may vary depending on the trader’s location and account type. Additionally, each payment method may have different fees and processing times, so traders should check the fees and conditions for each payment method before making a deposit or withdrawal.
