Deriv Minimum Deposit
How Much To Start Trading With Deriv in Kenya
| Deriv Minimum Deposit | USD 5 |
|---|---|
| Deposit Methods | Credit/Debit Card,Local Bank Transfer,e-Wallets |
| Account Types | Premium Account,Zero Account,Pro Account |
| Deposit Fees | No fees |
| Account Base Currencies | USD |
| Withdrawal Fees | No fees |
| 💰 Minimum Deposit | $5 (around 700 KES) |
| 🏧 Minimum Withdrawal | $5 |
| 💱Base currency | USD, GBP, EUR, Crypto |
| 💨Fastest Deposit Method | MPESA |
| 🏦Deposit Fees | $0 |
| 🎁Deposit Bonus | Yes |
| 🐷Online Wallet System | No |
How Much is Deriv Minimum Deposit in KES
At Deriv Kenya, you can use a minimum deposit of $5 (around 700 KES) to open an MT5 Account, cTrader Account or Options Trader Account.
How To Deposit at Deriv
1. MPESA
You can fund your Deriv trading account with $5 using the MPESA funding method. To do this, download the Deriv MPESA app from your online stores and follow the prompts.
2. Online Banking Deposits
The fastest Deriv deposit method is via Online Bank because the processing time is instant.
To deposit via Online Bank method, visit your Deriv Traders Hub, select deposit & choose online bank as your preferred deposit method & enter your deposit amount (not below $10).
Deriv will generate an account number which you should transfer the deposit to. Ensure you copy the account number correctly & ensure you transfer the exact amount you entered on the Trader Hub.
3. Card Deposits
From your Traders Hub, click on deposit, then choose cards as your preferred deposit method & enter your card details & the amount.
Note that MasterCard does not allow withdrawals from Deriv so you could choose to deposit via Visa Card.
4. EWallet Deposits
Deriv supports funding via eWallet methods such as Skrill, Neteller, SticPay, Jeton Bank, & Airtm.
5. Crypto Deposits
Deriv allows you fund your trading account via various crypto methods & you can also open an account for the cryptocurrencies while at it.
To create a crypto account on Deriv, click on deposit then choose crypto as your desired funding method, then click on the desired cryptocurrency whose wallet you want to open.
A crypto wallet will be automatically created for you within seconds & you can now fund this wallet by buying crypto via Banxa (a method available on Deriv).
How To Buy Crypto on Deriv
To fund your crypto wallet on Deriv, click on deposit, choose cryptocurrency as desired funding method, then click on "Buy Cryptocurrencies".
Proceed to choose the particular crypto wallet you want to fund and click on "continue" & you will be redirected to the external Banxa website to finalize the transaction..