It is easy to deposit into Deriv account because Deriv accepts a wide variety of deposit methods. Deriv is a regulated broker with more thanย 3 million happy clients worldwide.
This article will show you how you can deposit into Deriv account after creating and signing into your synthetic indices account.
How To Deposit Into Deriv Account: Step-By-Step
- Log in to your Deriv accountย & click onย Cashier> Deposit
- ย Choose the method you want to use to deposit into Deriv account. You can learn more about the different deposit methods below.
- Enter the amount you want to deposit and the required details for your preferred deposit method. These can be card details, e-wallet account details, cryptocurrency wallet addresses etc. Once you are done click on ‘Deposit Now‘
- You will get a success notification and email confirming your deposit.
At this point, you would have successfully made your deposit into Deriv account.
You can go ahead and use the funds to trade synthetic indices, forex, multipliers and other assets offered on Deriv.
What Are The Deriv Deposit Methods Available?
Depositing funds to Deriv can be done in different ways. Let's look at these ways in depth below
1. Deriv Deposit methods: E-Wallets
Deriv offers several e-wallet methods for depositing funds. Available e-wallets you can use for withdrawal on Deriv include PerfectMoney, Fasapay,ย WebMoney,ย AirTm, Skrill, Neteller and Jeton Wallet.
The minimum amount you can deposit into Deriv account using e-wallets is 5 of your account's base currency (USD/AUD/EUR/GBP). This makes it convenient as you can deposit even a small amount.
2. Deriv Deposit methods: Credit/Debit Cards
You can use Credit or Debit cards to deposit into your Deriv account. ย You can deposit your funds from Deriv using base currencies like USD, AUD, EUR, and GBP.
Deriv supports transactions through your VISA, VISA electron, MasterCard, Maestro, Diners Club International, and JCB.
3. Deriv Deposit methods: Bank Wire Transfers
Deriv allows you to quickly deposit into your account through bank transfers.
4. Deriv Deposit methods: Cryptocurrencies
Deriv is an innovative broker and it supports deposits using the following cryptocurrencies, Bitcoin, Tether, Ethereum, or Litecoin.
5. Deriv Deposit methods: Payment Agents
Deriv payment agents enable Deriv traders to deposit and withdraw using locally available payment methods which are not supported on the main Deriv website.
The locally available payment methods include cash, mobile money and local bank transfers. You can read this in-depthย guide on payment agentsย for more information.
6. Deriv Deposit methods: Deriv Peer-to-Peer (DP2P)
Deriv peer-to-peer (DP2P) is another innovative method introduced by Deriv to make it easy for their clients to deposit into Deriv account. DP2P allows traders to exchange Deriv credits for local payment methods not available on the Deriv website.
Learn more aboutย DP2P deposits here.
How to Transfer from Deriv to mt5
It is not possible to deposit into your Deriv mt5 account directly using the deposit methods explained above.
You will need to deposit into your Deriv real account first and then transfer funds from the main Deriv account to the Deriv mt5 account. You can do that using the steps below.
- Log in to your Deriv account and click on Cashier> Transfer
- You will see the option to transfer funds between your Deriv accounts. Make sure your main Deriv account is in the ‘From‘ field and your dmt5 account is in the ‘To‘ field.. Enter the amount you want to deposit into your Deriv mt5 and confirm the transfer.
Your funds will be transferred instantly and you can start to trade using the scalping strategy even before you have verified your account.
What Is The Deriv Minimum Deposit
The Deriv minimum deposit amount is US5 when using e-wallets like Skrill and Neteller.
However, the minimum deposit for Deriv Broker depends on the deposit method you are using.
See the breakdown below.
Deposit Method | Deriv Minimum Deposit Amount |
e-wallets | $5 of the base currency |
Credits/ Debit cards | $10 |
Bank Wire Transfers | $10 |
Cryptocurrencies | No minimum |
Payment Agents | $10 |
DP2P | $1 |
How Long Does It Take to Deposit On Deriv?
The processing times for depositing funds into a Deriv account can vary depending on the chosen deposit method. Here's a general overview of the typical processing times for some commonly used deposit methods:
- Bank Transfers: Bank transfers usually take 1-5 business days to process. The exact time may vary depending on your bank and the intermediary banks involved in the transaction.
- Credit/Debit Cards: Deposits made using credit/debit cards are typically processed instantly. However, some banks or card issuers may have additional verification steps that could cause a slight delay.
- E-wallets: Deposits made via e-wallets like Skrill & Neteller are usually processed instantly, allowing you to start trading without delay.
- Cryptocurrencies: Cryptocurrency deposits on Deriv require three confirmations on the blockchain, which can take anywhere from a few minutes to several hours depending on the blockchain network's speed and congestion
Does Deriv Charge Fees For Deposits?
No, Deriv does not charge any fees for deposits. However, your bank, crypto wallet or e-wallet may charge you for the transaction. Check these charges before depositing on Deriv.
Tips for Depositing to your Deriv Account:
- Make sure that you are using a payment method that is registered in your own name.
- Double-check the amount that you are depositing before you complete the transaction.
- If you are having any problems depositing to your Deriv account, please contact customer support for assistance.
Frequently Asked Questions On Deriv Depositsย
The Derivย minimum depositย amount when using e-wallets is 5 of your account's base currency (USD/AUD/EUR/GBP). Other deposit methods have varying minimum deposits for Deriv broker.
Yes, you can deposit on Deriv using bitcoin and other cryptocurrencies.
This usually happens to clients who are depositing with Deriv for the first time using their credit card. Please ask your bank to authorise transactions with Deriv. Your bank may have blocked deposits to forex brokers.
To deposit funds into your Deriv account, log in to your account, navigate to the “Cashier” or “Deposit” section, select your preferred deposit method, enter the deposit amount and currency, and follow the on-screen instructions to complete the payment process.
ย Deriv offers a variety of deposit methods, including bank transfers, credit/debit cards, e-wallets (such as Skrill, Neteller, and Jeton), and cryptocurrencies.
The processing times for deposits can vary depending on the chosen deposit method. In general, bank transfers may take 1-5 business days, credit/debit card deposits are usually instant, e-wallet deposits are processed instantly, and cryptocurrency deposits depend on the blockchain network's speed and confirmations.
Deriv supports multiple currencies for deposits. The available currency options may vary depending on your location and the chosen deposit method. Commonly supported currencies include USD, EUR, GBP, AUD, and more.
Other Posts You May Be Interested In
3 Pips Synthetic Indices Strategy For Boom & Crash Indices ๐
Crash indices are exclusive trading assets offered by Deriv. They are a type of synthetic [...]
AvaTrade Account Types Review 2024: ๐ Which One Is Best?
In this comprehensive review, we look at the differentย AvaTrade account types, to show you their [...]
How To Deposit & Withdraw Through Deriv Payment Agents ๐ฐ
Payment agents allow you to deposit and withdraw from your Deriv synthetic indices account using [...]
Deriv Review 2024: Is Deriv a Trustworthy Broker? ๐
Overall, our comprehensive Deriv review found that this broker is trustworthy and reliable as it [...]
Advantages Of Trading Synthetic Indices โ
Several advantages make synthetic indices trading very attractive. Below is a list of those advantages. [...]
HFM Cent Account Review: Start Trading With A Small Deposit ๐งพ
If you're looking for a trading account that offers a low minimum deposit, low spreads, [...]