Deriv Minimum Deposit is $5. This minimum deposit is equivalent to R87,92 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing. This is good when compared to other broker minimum deposit fees, making it accessible to beginner and smaller retail traders. 
Deriv Minimum Deposit Revealed – A Key 9-Point Quick Overview
- ☑️Deriv At a Glance
- ☑️Overview
- ☑️Deriv Minimum Deposit
- ☑️Deriv Deposit fees and deposit methods
- ☑️Step-by-step guide to depositing the Deriv minimum amount
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
Deriv trades in various jurisdictions and is authorized by a number of regulatory bodies that keep a strict watch over its trading activities. In the EU, Deriv is regulated by the Malta Financial Services Authority (MFSA). For traders outside of the EU, the broker is licensed by the Labuan Financial Services Authority (LFSA), Vanuatu Financial Services Commission (VFSC), and the British Virgin Islands Financial Services Commission (BVIFSA).
Under the watchful eye of these financial bodies, Deriv is required, amidst several other rules and regulations, to keep client funds separate from the broker account, and it can only be used by traders to conduct trading activities. Client funds are also protected in the unlikely event that the broker becomes insolvent.
Deriv Minimum Deposit
Deriv has a minimum deposit requirement of only $5. This minimum deposit amount is equivalent to R87,84 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
| 🔎Account Types | Standard Account (MT5) | Zero Spread Account (MT5) | Swap Free Account (MT5) | Financial |
| 💳 Account Currency | USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKD | USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKD | USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKD | USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKD |
| 📊 Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| 📉 Order execution | Market execution | Market execution | Market execution | Market execution |
| 📉 Spreads | From 1 pip | 0 pips | From 1 pip | From 1 pip |
| 👉Open Account | 👉Open Account | 👉Open Account | 👉Open Account | 👉Open Account |
Deriv Deposit fees and deposit methods
When making use of any of the payment methods, Deriv does not charge any deposit fees. Traders must, however, ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable.
When compared with other brokers, the minimum deposit that Deriv requires when registering a live account is low. Deriv offers traders the following payment methods, which can be used when making deposits:
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ. In the case of Deriv, the following methods and minimum deposits are required: Minimum deposits start at just $5 with most deposits processed instantly.
Step-by-step guide to depositing the Deriv minimum amount
Step 1 – Log in to your account
Traders can log into their Deriv trading account by filling in their email address or account number and password details.
Step 2 – Select deposit
Once the Deriv dashboard opens, select “Deposit” to start depositing the minimum amount by clicking on your payment method.
Step 3 – Fill in payment details
the third step in depositing the minimum amount requires traders to fill in the payment information, such as the currency, the amount, and card details, to complete the transaction.
Funds must be transferred in the same currency as the bank account to which they are sending them to. Traders have the option to exchange their local currency at their preferred rate.
Customer Reviews
🥇Excellent
“As a new trader, I was hesitant to invest a large sum of money. Deriv’s $5 minimum deposit was a lifesaver. It allowed me to dip my toes into the trading world without risking too much. The platform is user-friendly, and I’ve learned a lot so far.” Reviewed: Isabella
🥈Good
“I’ve had no issues with deposits or withdrawals on Deriv. The process is quick and efficient. I appreciate that I can start trading with such a small initial investment.” Reviewed: Brenda
🥉Customer Service
“I had a question about my account and reached out to Deriv’s customer support. They were incredibly helpful and responded promptly. Their knowledge and professionalism were impressive.” Wellman
Pros and Cons
| ✅ Pros | ❎ Cons |
| Low minimum deposit requirement | Account base currencies are limited |
| No deposit fees or withdrawal fees charged | Currency conversion fees may apply |
| Reliable payment methods offered | No Islamic account offered |
Conclusion
Deriv is a legit forex trading company and a fully regulated and transparent broker with high operational standards, low trading fees, superior service delivery, and the ability to help investors reach their objectives. It caters for all types of traders with different levels of experience. Traders can choose between several platforms to suit individual trading styles and objectives. The added advantage is this is a reputable company that is strictly regulated within many jurisdictions.
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Frequently Asked Questions
Are my deposits safe with Deriv?
Yes. Deriv is a well-regulated broker. Based on your country of residence, negative balance protection might apply to you according to local regulations.
What is the minimum deposit for Deriv?
The Deriv minimum deposit is $5.
What are the deposit methods for Deriv?
- Debit cards
- Credit cards
- Skrill
- Neteller
- FasaPay
- Perfect Money
- WebMoney
- Paysafe
- Jeton
- SticPay
- Various cryptocurrencies
- Bank Wire Transfer
Does Deriv charge withdrawal fees?
No. Fees from financial institutions may apply.
How long does it take to make a withdrawal?
Your deposits and withdrawals will be processed within one business day unless stated otherwise. Please note that your bank or money transfer service may require additional time to process your request.
