How to deposit money on Deriv? The complete guide for beginners

Have you created your Deriv account and now want to make your first deposit?

The procedure is simple, but it is important to understand the different payment methods available in order to choose the one that suits you best.

In this guide, learn how to deposit money on Deriv step by step. Why make a deposit?

Why make a deposit?

The deposit allows you to power your real account to start trading.

Before making your first deposit, make sure you have discovered the platform through the demonstration account and understand the risks associated with trading.

Deposit methods available

Depending on your country, Deriv can offer several means of payment, including:

• Credit cards

• Bank transfers

• Electronic wallets

• Cryptocurrency

• Local payment solutions

Available methods may vary depending on your region.

Step 1: Log in to your account

Access your Deriv personal space with your IDs.

Step 2: Go to the Deposit menu

From your dashboard, open the repository section.

You will then be able to consult the various payment methods proposed.

Step 3: Choose your payment method

Select the solution that suits you best.

Take the time to check any conditions, accepted currencies and processing times before confirming your choice

Step 4: Enter the amount

Indicate the amount you want to deposit.

For a beginner, it is usually better to start with an amount that you are willing to risk without putting your budget in trouble.

Step 5: Confirm your deposit

After validation, your deposit will be processed according to the payment method used.

Time limits may vary.

Errors to avoid

• Drop before you learn the basics.

• Invest a sum you cannot afford to lose.

• Ignore the terms of your payment method.

• Forget to secure your account.

Conclusion

Depositing money on Deriv is a simple operation when following the right steps.

Before you start trading with a real account, take the time to train and build a solid method.

Start in the best conditions

Step 1: Create your Deriv account for free

If you don't have an account yet, start by creating your Deriv account for free.

Create my Deriv account for free

Step 2: Follow the Bono Trading training for free

Once you have created your account, sign up for the Bono Trading training for free.

You will learn:

How to use Deriv

Synthetic indices

The basics of trading

Technical analysis

Risk management

How to avoid mistakes by beginners

Access Bono Trading training for free