Deriv Demo Account

Deriv provides a demo account for beginners to practice trading without any risk. This account works just like a real trading account, offering the same functions and options. Here is an overview of Deriv, including how to set up a Deriv account, the pros and cons of Deriv, the features offered, and potential FAQs to help you decide if Deriv Broker is the right trading partner for you.

What is Deriv?

Deriv is one of the largest online brokers in the world. They provide CFDs and other derivatives on forex, stocks and indices, cryptocurrencies, commodities, and derived indices to millions of users globally. From the start, their goal was to avoid the high commissions and complicated products offered by traditional brokers. Deriv aims to give a top-notch experience to traders who prefer digital platforms, no matter the size of their accounts.

With over 20 years of experience, Deriv offers innovative services in the forex market through its own trading platforms like Deriv X and Deriv Go.

Deriv has more than 2.5 million traders worldwide, facilitated USD 46 million in withdrawals last month, processed 187 million trades last month, and achieved a total trade turnover of over USD 15 trillion. The broker has also won multiple industry awards.

Deriv’s Demo Account’s Pros and Cons

Pros	Cons
You can sign up for a demo account online.	The demo account usually expires after 30 days.
You get unlimited virtual funds.	MetaTrader 4 is not available.
The sign-up process only takes a few minutes.	How to Set Up a Deriv Demo Account.

Here is how to set up a Deriv Demo Account:

Step 1: Go to Deriv official website

Find and click “Create Free Demo Account” at the bottom of the page.

Step 2: Enter a working email address on the registration page

• Read and accept the terms.
• When you’re ready, click “Create Demo Account”.
• Alternatively, you can sign up using Google, Facebook or your Apple ID.

Step 3: Check your email for a confirmation link from Deriv

• Click the link to verify your email address.
• A new window will open to complete the demo account setup.

Step 4: Enter your country and choose a password for your trading account.

• Click the “start trading” button.
• You have now created your Deriv demo account. It comes with $10,000 in virtual funds to practice trading.

FAQs

Is the Deriv demo account the same as a real trading account?

No, the demo account uses virtual money, not real money. It lets you trade without risk and explore the broker’s offers and trading platform. You can use it to practice trading, test strategies, and learn the platform.

Does Deriv offer a demo account?

Yes, Deriv provides a demo account for traders to practice.

How long is the Deriv demo account valid?

The website doesn’t specify, but demo accounts are usually valid for 30 days.

Can you withdraw money from a Deriv demo account?

No, you cannot withdraw the virtual funds from a demo account.

Is the Deriv demo account rigged?

No, the Deriv demo account is not rigged.