If you’re new to trading or looking to maximize your experience on Deriv, understanding how to buy and sell on Deriv is essential. Deriv is a leading trading platform known for its user-friendly interface, diverse trading instruments, and innovative features. 

In this article, you will learn how to navigate Deriv’s platform, execute trades confidently, and optimize your trading strategy and will walk you through everything you need to know about how to buy and sell on Deriv effectively. From account creation to trade execution, this guide covers it all. 

What is Deriv?

Deriv is a popular trading platform offering various trading instruments, including forex, synthetic indices, commodities, and cryptocurrencies. It has lots of advanced tools, multiple account types, and 24/7 access to synthetic markets. Deriv caters for traders of all skill levels (both beginners and advanced traders) making buying and selling seamless.

Key Features of Deriv

Deriv stands out in the trading world because of its exceptional features designed to cater to traders of all skill levels. Some of the key features include:

Synthetic Indices

One of the most unique aspects of Deriv is its synthetic indices. These are exclusive to the platform and are designed to mimic real-world market conditions. However, unlike traditional assets such as forex or stocks, synthetic indices are not influenced by external factors like geopolitical events, economic policies, or global news.
This means you can focus entirely on analyzing market patterns and technical indicators without worrying about sudden shocks caused by world events. Synthetic indices also operate 24/7, giving you unlimited trading opportunities at any time.

Multiple Trading Platforms

Deriv provides multiple trading platforms, each designed to suit different trading styles and preferences. They include:

DTrader: A simple yet powerful platform for manual trading with a user-friendly interface.

SmartTrader: Perfect for traders who prefer straightforward setups and easy navigation.

Deriv MT5 (MetaTrader 5): A platform for advanced traders, offering professional tools for technical analysis and expert advisor integration.

Deriv X: An intuitive and customizable platform ideal for multi-asset trading.

Low Capital Requirements

One of the biggest barriers to entry for many trading platforms is the high capital requirement. Deriv eliminates this hurdle by allowing you to start trading with as little as $1.
This makes the platform accessible to everyone, especially beginners who want to learn and practice without committing large sums of money. Even with a small starting amount, you can explore various markets, test strategies, and grow your trading skills over time.

24/7 Trading Availability

Synthetic indices and cryptocurrencies on Deriv are available 24/7. This flexibility ensures you can trade at your convenience, regardless of time zones or market hours. Whether you’re a night owl or prefer trading during the day, Deriv accommodates your schedule.

Setting Up Your Deriv Account

To buy and sell on Deriv, the first step is creating an account. The process is simple and takes only a few minutes.

Create and Verify Your Deriv Account

1. Visit www.deriv.com.
2. Click on the Sign-Up button and provide your email address.
3. Verify your email by clicking the link sent to your inbox.
4. Complete the registration by filling out your personal information by providing basic details like name, date of birth, and contact information.

Account Verification

To withdraw funds and fully access all features, verify your identity by uploading a valid ID and proof of address. Verification ensures secure transactions and account safety.

Choose an Account Type

Deriv offers several account types:

1. Demo Account: Ideal for beginners to practice trading without real money.
2. Real Account: For live trading with real funds.
3. Synthetic Account: Designed for trading synthetic indices.

Deposit Funds into Your Deriv Account

Before you can buy or sell assets, you need to deposit funds into your trading account. The various Deposit Options on Deriv include:

1. Bank Transfer: A straightforward option for users in supported regions.
2. Credit/Debit Cards: Visa and MasterCard are commonly accepted.
3. E-Wallets: Skrill, Neteller, and Perfect Money are supported.
4. Cryptocurrency: Deposit Bitcoin, Ethereum, or other supported cryptocurrencies.

How to Deposit Funds

1. Log in to your Deriv account.
2. Navigate to the Cashier section.
3. Click on Deposit and choose your preferred payment method.
4. Enter the deposit amount and confirm the transaction.

How to Buy and Sell on Deriv

Buying on Deriv involves opening a long position (buy trade) in anticipation that the price of an asset will increase while Selling involves opening a short position (sell trade) when you predict that the price of an asset will decrease.

• Steps to Place a Buy Order

1. Select the Asset: Choose the asset you want to trade, such as synthetic indices or forex pairs.
2. Analyze the Market: Use the available technical tools, such as candlestick charts and indicators, to predict price movements.
3. Set Trade Parameters:
   • Stake Amount: Specify the amount you want to risk.
   • Stop Loss: Set a price to exit automatically if the trade goes against you.
   • Take Profit: Define a level to close the trade when your target profit is reached.
4. Execute the Trade: Click on Buy to open the position.

• Steps to Place a Sell Order

1. Choose Your Asset: Select the asset you wish to sell.
2. Conduct Market Analysis: Study price trends and use indicators like RSI or Bollinger Bands.
3. Define Trade Parameters:
   • Input your stake amount.
   • Set stop-loss and take-profit levels.
4. Open the Trade: Click on Sell to initiate the position.

Strategies for Successful Trading on Deriv

1. Start with a Demo Account

If you’re a beginner, start with the demo account to practice without risking real money. This helps you familiarize yourself with the platform and test strategies.

2. Use Technical Analysis Tools

Deriv offers a variety of tools like Bollinger Bands, MACD, RSI, and moving averages. Use these tools to identify trends, reversals, and potential entry/exit points.

• Manage Your Risk
• Set stop-loss orders to limit potential losses.
• Never risk more than 2-5% of your trading capital on a single trade.
• Diversify your trades across different assets to reduce risk.

3. Stay Updated

Even though synthetic indices are unaffected by global events, other instruments like forex and commodities are influenced by news. Stay updated with financial news and economic calendars.

Common Challenges and How to Overcome Them

• Market Volatility

Trading volatile markets like synthetic indices can be risky. Focus on high-probability setups and avoid emotional trading.

• Overtrading

Avoid the temptation to place multiple trades without proper analysis. Stick to your trading plan.

• Lack of Knowledge

Educate yourself about the assets you’re trading. Deriv offers free tutorials and resources to help you learn.

Conclusion

In conclusion, learning how to buy and sell on Deriv is straightforward once you understand the platform’s features and tools. With a secure account, sufficient funds, and market knowledge, you can take advantage of the numerous trading opportunities on Deriv.

Start small, grow your trading skills, and always practice risk management. Deriv is a powerful platform for achieving your trading goals when used wisely.

Frequently Asked Questions (FAQs)

How do I start trading on Deriv?

• To start trading, sign up on Deriv, verify your account, deposit funds, and choose a trading instrument to buy or sell.

Can I practice trading on Deriv without real money?

• Yes, Deriv offers a demo account where you can practice trading with virtual funds.

What are synthetic indices on Deriv?

• Synthetic indices simulate real-world market conditions without being influenced by geopolitical or economic events. They include Boom, Crash, and Volatility indices.

How do I deposit money into my Deriv account?

• Go to the “Cashier” section, select a deposit method (e.g., e-wallet, bank transfer), and follow the steps to fund your account.

Is Deriv safe for trading?

Yes, Deriv is a reputable platform regulated in multiple jurisdictions, ensuring a secure trading environment.