How To Buy/Sell On Deriv: Complete Guide From Traders Union Experts

In this article, Traders Union (TU) experts offer a complete guide on how to buy and sell on Deriv. It is a well-known global broker with over 20 years of experience in trading. They will help you understand the available trading options, explore the platform’s features, and walk you through the step-by-step process of trading on Deriv. If you’re interested in how to buy/sell on Deriv: complete guide provided by TU’s analysts is below.

Trading options on Deriv

Many people wonder if Deriv is a trusted broker or a scam. Well, experts at Traders Union confirm that Deriv is a regulated and safe broker. It’s one of the best binary options brokers globally, with a history of over 20 years and over 2.7 million traders trusting it. Deriv offers various trading options:

• Forex: Trade different fiat currency pairs.

• Cryptocurrencies: Get into cryptocurrency trading.

• Commodities: Trade valuable resources like oil and gold.

• Indices: Access global indices, including unique ones exclusive to Deriv.

• CFDs: Speculate on price changes without owning the actual asset.

• Stocks: Trade stocks from major global markets.

• Options: Predict asset price movements within a specific timeframe.

• Synthetic indices: Exclusive to Deriv, these mimic real market movements but are artificially generated.

Deriv has its own trading platforms like DTrader, DBot, and DMT5, designed for various trading needs. They offer tools for both new and experienced traders. With low minimum deposits and excellent trading conditions, Deriv aims to make trading accessible to everyone.

Improved platforms & innovative features

Deriv stands out in the trading world by offering a diverse set of trading platforms, each tailored to meet different trading requirements. 

• SmartTrader: Easy for beginners, helps with smart trading choices.

• DBot: Makes automated trading easy, no coding needed.

• DTrader: Good for all traders, offers many financial options.

• Deriv MT5: Advanced, suits different trading styles, many markets, high leverage.

TU’s experts highlight Deriv’s features:

• Multiple platforms

• Lots of instruments

• Strong regulation

• Affiliate program

• Learning resources.

Buying and selling Deriv

Trading on Deriv is easy, whether you’re new or experienced. Here’s a simple guide from analysts at Traders Union:

1. Getting started: Sign up with your email to enter the Deriv trading world.

2. Choosing an asset: Look through different asset categories like forex, commodities, or cryptocurrencies.

3. Placing a trade: There are three ways to do it:

• Watchlist method: right-click on the asset in your watchlist and choose to buy or sell.

• Price method: click on the “Bid” (for selling) or “Ask” (for buying) price in the watchlist.

• Chart method: right-click on the asset’s chart and select “Buy” or “Sell”.

4. Completing the trade: Now, finalize your trade.

• Order type: decide if it’s “Market” (current price), “Limit” (specific price), “Stop” (triggered at a certain price), or “OCO” (One Cancels the Other).

• Lot size: choose how much you want to trade.

• Direction: decide if you’re buying or selling based on your analysis.

• Setting limits: set price limits for certain orders.

• Protection orders: protect your investment with stop loss or take profit limits.

• Send order: click to finish your trade.

Trading on Deriv X is a smooth journey from setting up your account to finalizing your trade, making it easy for all traders.

Conclusion

This article by TU provides a comprehensive guide to buying and selling on Deriv, a reputable global broker with over 20 years of experience. Deriv offers various trading options, and the experts confirm its trustworthiness. They highlight its multiple platforms, extensive instrument choices, strong regulation, affiliate program, and educational resources. Whether you’re new or experienced, trading on Deriv is straightforward, and their step-by-step guide ensures a smooth experience for all traders, emphasizing accessibility and ease of use.