All Share (J203) = 89 713
Rand / Dollar = 18.27
Rand / Pound = 23.64
Rand / Euro = 19.71
Gold (usd/oz) = 3 022.07
Platinum (usd/oz) = 979.92
Brent (usd/barrel) = 73.29
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Deriv Minimum Deposit

Deriv Minimum Deposit
 

Deriv Minimum Deposit is $5. This minimum deposit is equivalent to R87,92 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing. This is good when compared to other broker minimum deposit fees, making it accessible to beginner and smaller retail traders.

 

Min Deposit

USD 5

Regulators

MFSA, LFSA, VFSC, BVIFSC

Trading Platform

Binary.com’s SmartTrader system, 
DMT5, DTrader, DBot

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Deriv Minimum Deposit Revealed – A Key 9-Point Quick Overview

  1. ☑️Deriv At a Glance
  2. ☑️Overview
  3. ☑️Deriv Minimum Deposit
  4. ☑️Deriv Deposit fees and deposit methods
  5. ☑️Step-by-step guide to depositing the Deriv minimum amount
  6. ☑️Customer Reviews
  7. ☑️Pros and Cons
  8. ☑️Conclusion
  9. ☑️Frequently Asked Questions

 

Overview

Overview

 

Deriv trades in various jurisdictions and is authorized by a number of regulatory bodies that keep a strict watch over its trading activities. In the EU, Deriv is regulated by the Malta Financial Services Authority (MFSA). For traders outside of the EU, the broker is licensed by the Labuan Financial Services Authority (LFSA), Vanuatu Financial Services Commission (VFSC), and the British Virgin Islands Financial Services Commission (BVIFSA).

Under the watchful eye of these financial bodies, Deriv is required, amidst several other rules and regulations, to keep client funds separate from the broker account, and it can only be used by traders to conduct trading activities. Client funds are also protected in the unlikely event that the broker becomes insolvent.

 

 

Deriv Minimum Deposit

Deriv minimum deposit

 

Deriv has a minimum deposit requirement of only $5. This minimum deposit amount is equivalent to R87,84 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

🔎Account TypesStandard Account (MT5)Zero Spread Account (MT5)Swap Free Account (MT5)Financial
💳 Account CurrencyUSD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKDUSD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKDUSD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKDUSD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, HKD
📊 LeverageUp to 1:500Up to 1:500Up to 1:500Up to 1:500
📉 Order executionMarket executionMarket executionMarket executionMarket execution
📉 SpreadsFrom 1 pip0 pipsFrom 1 pipFrom 1 pip
👉Open Account👉Open Account👉Open Account👉Open Account👉Open Account

 

Deriv Deposit fees and deposit methods

Deriv Deposit and Withdrawal

 

When making use of any of the payment methods, Deriv does not charge any deposit fees. Traders must, however, ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable.

When compared with other brokers, the minimum deposit that Deriv requires when registering a live account is low. Deriv offers traders the following payment methods, which can be used when making deposits:

 

Payment MethodIconsDescription
💳 Credit/Debit CardsVisa,
Mastercard
Supports direct deposits and withdrawals using major credit and debit cards.
💰 E-WalletsSkrill,
Neteller,
Perfect Money, WebMoney
Fast and secure transactions via popular e-wallet services.
🏦 Bank Transfers Local & international banksDirect bank deposits and withdrawals for seamless fund transfers.
₿ CryptocurrenciesBitcoin,
Ethereum,
Litecoin,
Tether (USDT)
Trade and transact using digital assets with blockchain security.
📱 Mobile Payment AppsApple Pay,
Google Pay
Instant payments via mobile wallets for convenience.
🎟️ Vouchers & Prepaid Cards Deriv DP2P,
PaySafeCard
Allows users to fund accounts using prepaid solutions.

 

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ. In the case of Deriv, the following methods and minimum deposits are required: Minimum deposits start at just $5 with most deposits processed instantly.

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

Step-by-step guide to depositing the Deriv minimum amount

 

Step 1 – Log in to your account

Traders can log into their Deriv trading account by filling in their email address or account number and password details.

 

Step 1 - Deriv open account

 

 

Step 2 – Select deposit

Once the Deriv dashboard opens, select “Deposit” to start depositing the minimum amount by clicking on your payment method.

 

select Deriv deposit method

 

Step 3 –  Fill in payment details

the third step in depositing the minimum amount requires traders to fill in the payment information, such as the currency, the amount, and card details, to complete the transaction.

 

How to deposit the Deriv minimum amount

 

Funds must be transferred in the same currency as the bank account to which they are sending them to.  Traders have the option to exchange their local currency at their preferred rate.

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

Customer Reviews

🥇Excellent

“As a new trader, I was hesitant to invest a large sum of money. Deriv’s $5 minimum deposit was a lifesaver. It allowed me to dip my toes into the trading world without risking too much. The platform is user-friendly, and I’ve learned a lot so far.” Reviewed: Isabella

 

🥈Good

“I’ve had no issues with deposits or withdrawals on Deriv. The process is quick and efficient. I appreciate that I can start trading with such a small initial investment.” Reviewed: Brenda

 

🥉Customer Service

“I had a question about my account and reached out to Deriv’s customer support. They were incredibly helpful and responded promptly. Their knowledge and professionalism were impressive.” Wellman

 

Pros and Cons

✅ Pros❎ Cons
Low minimum deposit requirementAccount base currencies are limited
No deposit fees or withdrawal fees chargedCurrency conversion fees may apply
Reliable payment methods offeredNo Islamic account offered

 

Conclusion

Deriv is a legit forex trading company and a fully regulated and transparent broker with high operational standards, low trading fees, superior service delivery, and the ability to help investors reach their objectives. It caters for all types of traders with different levels of experience. Traders can choose between several platforms to suit individual trading styles and objectives. The added advantage is this is a reputable company that is strictly regulated within many jurisdictions.

 

You might also like: Deriv Review

You might also like: Deriv Account Types Overview

You might also like: Deriv Demo Account – Step by Step

You might also like: Deriv Fees and Spreads

You might also like: Deriv Sign up Bonus

 

Frequently Asked Questions

 

Are my deposits safe with Deriv?

Yes. Deriv is a well-regulated broker. Based on your country of residence, negative balance protection might apply to you according to local regulations.

 

What is the minimum deposit for Deriv?

The Deriv minimum deposit is $5.

 

What are the deposit methods for Deriv?

  • Debit cards
  • Credit cards
  • Skrill
  • Neteller
  • FasaPay
  • Perfect Money
  • WebMoney
  • Paysafe
  • Jeton
  • SticPay
  • Various cryptocurrencies
  • Bank Wire Transfer

 

Does Deriv charge withdrawal fees?

No. Fees from financial institutions may apply.

 

How long does it take to make a withdrawal?

Your deposits and withdrawals will be processed within one business day unless stated otherwise. Please note that your bank or money transfer service may require additional time to process your request.

 

SAShares Instagram

3.7/5 - (7 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

January 6, 2025

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

Accordion Content

🏆 Top 4 Brokers

Account Minimum

$100

Pairs Offered

55+

Account Minimum

$1

Pairs Offered

240+

Account Minimum

$100

Pairs Offered

70+

Account Minimum

$0

Pairs Offered

50+

AvaTrade-Logo

Account Minimum

$15

Exclusive to SAShares Clients

Account Minimum

$1

Account Minimum

$100

Account Minimum

$0