Is it safe to trade with Deriv? Is it a trustworthy broker? Table of Contents
Online trading can be addicting, but it is important to remember that it comes with risks, such as addiction or financial loss.
To avoid developing an addiction, we suggest that you conduct a thorough self-assessment to understand if you are at risk and follow some basic principles and guidelines.
Protect your account with Deriv
Use a different and secure password for your Deriv.com account, e-mail, online banking, e-wallet, etc. Avoid combinations that other people could easily guess.
Use a secure browser like Google Chrome, making sure it’s always up to date. Software updates on the browser include security patches.
To avoid unauthorized access to your account, do not share your login details with third parties, and keep your username, password and PIN safe.
Install security applications such as antivirus and firewall on your devices: the most used ones are available in desktop and mobile versions.
Go to Deriv’s Official Website
Trade responsibly on Deriv
Make sure you understand the risks of online trading. Never use money that you have borrowed or that you cannot afford to lose.
Use the free trial account to trade with unlimited virtual funds, it is the easiest way to learn how to use Deriv’s products.
Set a loss limit and stick to it. Set aside some of your winnings to avoid losing all your money.
Trade with awareness and don’t allow emotions to influence your choices. Avoid trading when you are tired or under the influence of alcohol.
Set limits on trading and self-exclusion
Online trading is addicting, but it can be addictive. Deriv.com allows you to resort to self-exclusion or to set limits for trading activities on this website.
You will be able to:
- Limit the amount of money available for trading in a given period of time.
- Limit the losses you can take in a given period of time.
- Set a time limit for one trading session.
- Apply self-exclusion from trading on Deriv’s website for a definite or indefinite period.
If you want to set self-exclusion or trading limits, go to your account settings.
Visit Deriv’s Official Website
How trading limits and self-exclusion work?
- Daily limits can be removed or increased within 24 hours of receiving notification. To change these limits, confirmation is required.
- The minimum period for self-exclusion is 6 months. You have the option to immediately extend it to a total of 5 years with no break periods.
- If you have set a self-exclusion period, you will receive a refund equal to your bank statement.
- At the end of the self-exclusion period, the latter will remain set unless otherwise specified by you.
- If you do not intend to extend the self-exclusion and request to resume trading, there is a one-day break before you can access the site again. Attention: contact customer support by calling + 447723580049, as sending an email is not enough.
Get in touch with Deriv via the Contact Us page to set or change trading and self-exclusion limits.
Please check Deriv official website or contact the customer support with regard to the latest information and more accurate details.
Deriv official website is here.
Please click "Introduction of Deriv", if you want to know the details and the company information of Deriv.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!