Trading Cryptocurrency with Deriv
Deriv.com is an online trading platform that provides access to a range of financial markets, including cryptocurrencies, forex, commodities, and stock indices.
To trade cryptocurrencies on Deriv.com, you will need to sign up for an account, which can be done easily by following the instructions on the website.
Once you have opened an account, you can access the platform and start trading cryptocurrencies.
Deriv.com offers a variety of cryptocurrencies to trade, including Bitcoin, Ethereum, Litecoin, and Ripple.
The platform allows you to trade these cryptocurrencies as CFDs (contracts for difference), which means that you can speculate on the price movements of the underlying assets without actually owning them.
It’s worth noting that trading cryptocurrencies can be risky, as the prices of cryptocurrencies can be volatile and can change rapidly. Therefore, it’s important to have a sound trading strategy in place and to manage your risks carefully.
Deriv’s Trading Conditions
Deriv offers spot Forex trading and CFD trading on MT5 trading platform.
See the table below for the conditions of Deriv MT5.
|Trading Platform||MT5 (MetaTrader5)|
|Financial Markets||Forex, Stock Indices, Commodities, Cryptocurrency and Synthetic indices|
|Minimum Spread||0.5 pips|
|Spread Type||Both Variable and Fixed|
|Required Minimum Deposit||$1|
|Account Base Currency||USD, EUR, GBP, AUD, BTC, ETH, LTC, USDT|
|Minimum Trading Lot||0.01 lots|
|Maximum Trading Lot||30 lots|
|Execution Model||Market Execution|
|Trading Environment||STP (Straight Through Processing)|
|Margin Call %||150% (100%)|
|Stop Out %||75% (50%)|
Deriv MT5 (or DMT5) offers the above trading conditions for investors all over the world.
You can open a live trading account with Deriv for free and you can start trading from any amount of deposit.
What are the merits of trading Cryptocurrencies with Deriv?
There are several merits of trading cryptocurrency on Deriv.com:
- Wide range of cryptocurrencies:
- Deriv.com offers a wide range of cryptocurrencies to trade, including Bitcoin, Ethereum, Litecoin, and Ripple. This provides traders with a variety of options and opportunities to diversify their portfolio.
- User-friendly platform:
- Deriv.com offers a user-friendly trading platform that is easy to navigate and has a variety of tools and features to help traders make informed decisions.
- Low fees:
- Deriv.com charges low fees for cryptocurrency trading, with competitive spreads and no commission fees. This can help traders to save on costs and improve their overall profitability.
- Deriv.com is a regulated broker, being licensed and regulated by the Malta Financial Services Authority (MFSA). This provides traders with a higher level of security and assurance that their funds and personal information are safe.
- Education and support:
- Deriv.com provides a variety of educational resources and support, including articles, tutorials, and webinars, to help traders improve their skills and stay up-to-date with the latest market news.
Join Deriv and take advantage of a highly liquid market with round-the-clock trading. Profit from correctly predicting the movement of world’s most popular cryptocurrencies.