How to Download deriv for PC?
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Deriv is a popular online trading platform that provides access to a wide range of financial markets, including forex, commodities, cryptocurrencies, synthetic indices, and more. With its user-friendly interface, low spreads, and advanced trading tools, Deriv has become a preferred platform for many traders globally.
In this detailed guide, we will provide step-by-step instructions on how to download and install the Deriv trading platform on your Windows or Mac desktop computer or laptop. We will also offer tips on how to effectively use Deriv for your trading activities.
What is the Deriv?
Deriv Limited, a technology company, introduced the Deriv online trading platform in 2020 to give users the opportunity to speculate on changes in financial market prices. Deriv offers an intuitive and feature-rich experience for trading a wide range of assets.
Deriv Trading App for PC
Some of the main highlights of the Deriv trading platform include access to CFD instruments on popular markets like forex, major cryptocurrency pairs, commodities, and synthetic indices. By enabling CFD trading, users can profit from both rising and falling prices across these global markets.
With over 100,000+ downloads of its Android app on the Google Play Store, Deriv has quickly gained popularity among traders for its multi-asset trading access, tight spreads, and robust tools on an intuitive platform.
Advantages of Deriv Trading Platform
Deriv offers traders several key advantages and standout features:
- Ultra-low spreads: Deriv provides extremely competitive spreads starting at 0 pips on certain major forex currency pairs. This pricing advantage means very low trading costs for users.
- Robust charting capabilities: The platform comes packed with advanced interactive charting tools including a wide range of customizable technical indicators, trendlines, price bands etc. This allows in-depth market analysis.
- Regulatory oversight: Deriv Limited is regulated by top-tier authorities like the MFSA and VFSC. This provides the reassurance of trading with a secure and licensed broker.
- Variety of funding options: Deriv offers an array of convenient payment methods for deposits and withdrawals. Choose from credit/debit cards, bank wire transfers, e-wallets and more.
- $10,000 demo account: Traders can refine their skills risk-free via Deriv’s generous virtual funds practice account. An easy transition to live trading.
How to Download Deriv App on Windows PC
While Deriv was originally created as a mobile trading app, it can also be accessed on Windows desktops and laptops using these methods:
Method 1: Download Deriv Using BlueStacks
BlueStacks is a popular Android emulator that allows you to install mobile apps on a Windows or Mac computer. To download Deriv using BlueStacks.
- First, go to www.bluestacks.com and download the BlueStacks installer for your operating system. Run the installer and follow the on-screen instructions to fully install BlueStacks.
- Once installed, launch the BlueStacks application. It will open up an Android-like interface on your computer. Look for the Google Play Store icon and open it.
- You now have access to the Google Play Store through BlueStacks. Select the official Deriv Limited app after searching for “Deriv” in the Play Store search bar.
- Click on the Install button below the Deriv icon to begin downloading and installing the Deriv trading app directly within the BlueStacks emulator. The installation process may take a few minutes to fully complete.
- Once finished, you will find the Deriv app on the BlueStacks home screen. You can launch Deriv by simply double clicking this icon and starting to use the trading platform on your computer.
Method 2: Download Deriv Using NoxPlayer
NoxPlayer is an alternative to BlueStacks for installing Android apps on Windows and Mac PCs. Follow these steps to download Deriv using NoxPlayer:
- First, go to www.bignox.com and get the installer for NoxPlayer. Run the installer and follow the setup wizard to install NoxPlayer on your computer.
- Once installed, launch NoxPlayer. It will open an Android-style interface on your PC. Look for the Google Playstore icon and click it to open the Play Store.
- Search for “Deriv” in the Play Store search bar and select the official Deriv Limited app from the results. Click on the Install button below the Deriv icon.
- NoxPlayer will now begin downloading and installing the Deriv app directly within the emulator. Be patient, as this process can take a few minutes.
- After completion, you will find the Deriv icon on the NoxPlayer homescreen. You can launch Deriv by simply double-clicking this
How to Sign Up for a Deriv Account
After installing Deriv on your desktop, follow these steps to create your live or demo account:
- Launch the Deriv platform and click on “Create free account.” Select your preferred account currency.
- Enter your full name, email address, phone number, and password to register for a Deriv account.
- Verify your email by clicking on the confirmation link sent to your inbox. Then login to your account.
- To start live trading, you must make a minimum deposit of $5 into your Deriv account using any of the available payment options.
- Alternatively, choose “Practice account” to access Deriv’s $10,000 virtual money demo account to hone your skills risk-free.
Tips for Effectively Using Deriv Trading Platform
Here are some tips to use the Deriv platform successfully for your trading needs:
- Review Deriv’s educational resources to learn about technical analysis, developing trading plans, and risk management.
- Customize your trading charts by adding indicators, price bands, trendlines, etc. to make informed decisions.
- Thoroughly backtest trading strategies on the demo account before going live. This will build confidence.
- Start with small position sizes and low risk per trade. Gradually increase sizes as you gain experience.
- Choose appropriate leverage for each asset class. Use lower leverage for volatile instruments.
- Set stop losses on every trade to control potential downsides. Deriv offers negative balance protection.
- Withdraw profits regularly from your bank account rather than leaving them in your Deriv account.
Is Deriv Available in United States?
Unfortunately, Deriv does not presently accept clients or traders from the United States. This restriction is likely due to regulatory reasons, as Deriv is not regulated by agencies like the NFA or CFTC that oversee financial trading in the US.
US traders have several alternative regulated choices, like eToro, AvaTrade, Oanda, Forex.com, etc., to consider that serve the American market.
In Which Countries/Regions is Deriv Accessible?
Here are some of the major countries and regions where Deriv is currently available for traders:
- Europe: Deriv accepts clients from most European nations, including UK, Germany, Italy, France, Spain, Netherlands, etc.
- Asia Pacific: Much of Asia can access Deriv, including Malaysia, Indonesia, Thailand, the Philippines, Singapore, and Vietnam, among others.
- Africa: South Africa, Nigeria, Kenya, Egypt, and other African countries have access to Deriv.
- Middle East: Major markets like the UAE, Saudi Arabia, Qatar, Kuwait, and Israel can use Deriv.
- Latin America: Deriv services most South American countries like Brazil, Mexico, Argentina, Chile, Peru,etc.
Things to ensure while downloading Deriv PC
When downloading the Deriv trading platform on your Windows or Mac computer, there are some key requirements and best practices to follow for a smooth installation process:
Firstly, ensure you have a stable high-speed internet connection when downloading the Deriv installer file. The file size can be large, so a strong connection will allow uninterrupted downloads. Use an Ethernet cable connection if possible instead of WiFi.
Check that your computer meets the minimum system requirements for Deriv, especially RAM. Deriv is a robust trading platform so you’ll need a PC with sufficient RAM (4GB or higher is recommended) for it to perform well. Having an outdated computer with low RAM will lead to lag.
Do not interfere with the installation process once it begins. Let the Deriv setup installer run uninterrupted until it is complete. Do not try to use other programs during the installation, as this can disrupt the process. Be patient, as it may take some time.
Finally, verify adequate storage space on your computer for Deriv. The platform and its associated files will take up a few GBs. So ensure your hard drive has sufficient free space by deleting unused programs and files before downloading Deriv. This prevents storage errors during setup.
Conclusion
Deriv provides a user-friendly yet powerful platform to trade CFDs on thousands of global markets. This guide has shown how to install Deriv on Windows or Mac using emulators, create an account, and use the platform effectively for your trading activities. Open your Deriv account today to access multi-asset trading!
Frequently Asked Questions
Does Deriv offer a mobile trading app?
Yes, Deriv provides user-friendly iOS and Android mobile apps to traders, allowing you to access your account and seamlessly trade on the go. The mobile apps offer the full range of features available on Deriv’s desktop platform in an intuitive design optimized for mobile screens.
What is the minimum deposit for a Deriv real account?
The minimum deposit to open a live real money trading account on Deriv is just $5. This extremely low account opening requirement makes Deriv accessible to all trader levels. You can start trading live on forex, crypto, commodities, etc. on Deriv even with a small initial deposit.
Can I trade commodities like gold and oil on Deriv?
Certainly, Deriv provides CFD trading access to a wide range of commodities, including gold, silver, oil, natural gas, copper, etc. You can go long or short on commodity prices with leverage up to 1:1000 based on your analysis and trading strategy objectives.
Does Deriv provide a demo account?
Yes, Deriv offers new traders a free $10,000 virtual money demo account. This allows you to practice CFD trading risk-free and test your strategies before depositing real money. The demo account mirrors the live platform for a seamless transition to live trading.
What is the max leverage on Deriv?
The maximum leverage offered by Deriv goes up to 1:1000, depending on the specific asset class. Leverage is lower for volatile assets like commodities and cryptocurrencies. Traders can choose conservative leverage suitable to their risk appetite. Margin requirements vary based on leverage.