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What to Do After Setting Up Your Accounts
Once your real account is verified and your micro account is active, you can explore the platform in several ways. Many users start by checking out the demo account to build familiarity with the tools. Others choose to deposit funds right away and begin trading small positions in their micro account. The platform supports different payment options depending on your region, including e-wallets, bank transfers, and digital currencies.
Exploring educational materials is also a smart move. Beginners who take their time to understand market movements and risk control usually perform better. Tracking your progress helps you recognize your weak points and improve steadily. Deriv makes this process easy by offering clear history logs and smooth navigation between your accounts.
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How to Open a Deriv Demo Account
Opening a Deriv demo account is simple, and the process takes only a few minutes. Although the steps are straightforward, it helps to understand each moment clearly so you know exactly what you are doing.
To begin, you visit the official Deriv site. On the homepage, the platform usually displays a clear option to create an account. Selecting this option brings you to the registration window where you enter your email. After submitting your email, the system sends a confirmation message to your inbox. You open the message, click the verification link, and you are immediately redirected back to the site.
Once you complete email verification, Deriv asks you to create a password. Choose something strong but memorable. When that is done, the system activates your main dashboard. At this stage, you already have direct access to your demo account. The platform automatically gives every new user a demo profile, so you don’t need to apply for it separately.
Inside the dashboard, you will notice a demo balance filled with virtual funds. These funds cannot be withdrawn or used in real trading, but they give you full freedom to explore the platform. You can experiment with buying, selling, switching charts, and adjusting settings to understand how everything works.
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How to Create and Verify a Deriv Account
Verification is an essential part of building a secure and fully functional trading profile. The process is simple, but it must be done correctly. You are required to upload identification documents such as a passport, national ID, or driver’s license. The image should be clear, bright, and show the entire document without any cut edges. Deriv’s automated system checks the clarity and the information, and if all details are visible, the approval process becomes fast.
Address verification is just as important. You can use documents like bank statements, utility bills, or any official paper that shows your name and residential address. It should be recent so the system can confirm that you currently live there. Once both identity and address documents are submitted, you simply wait for the system to review them. Verification times vary, but newer accounts usually get approved quickly.
A fully verified profile is the key to unlocking deposits, withdrawals, and unrestricted trading. It ensures security for both the platform and the user while also giving beginners the confidence that their funds are protected.
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How to Use Your Demo Balance Properly
Even though demo money is virtual, it is still useful for learning discipline. Many beginners make the mistake of placing random trades in demo mode simply because they cannot lose real funds. This destroys the learning process. Instead, treat the virtual balance as if it were real money. This helps you build good habits early.
You can create a simple plan for your demo practice sessions. Set goals like testing a certain number of strategies, exploring specific chart movements, or practicing risk control. By doing this, you will notice your skills growing steadily. When you eventually move to live trading, the experience you gained in demo mode will become extremely valuable.
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