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Master the Deriv App Essential Features

Heinrich Le Roux

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In this article

Top broker matches for traders in South Africa

exness logo square transparent: exness.com
Exness
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Your capital is at risk. Leveraged products may not be suitable for everyone.
xm logo square transparent: xm.com
XM
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading leveraged products involves significant risk and can lead to the loss of your invested capital. Only trade if you understand the risks.
deriv logo square transparent: deriv.com
Deriv
3.9

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
trade nation logo square transparent: tradenation.com
Trade Nation
4.3

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage

Over 2.5 million traders worldwide (yes, you read that right) trust a single trading platform that’s been dominating financial markets for more than 25 years.

The platform I’m talking about?

The Deriv app.

My years in trading have shown me why this platform stands out.

Picture this: 250+ trading instruments at your fingertips (forex, stocks, and those unique indices that traders love).

But here’s what really gets me excited—you can jump into trading with just $5 (talk about accessibility).

Want to hear something even better?

The platform offers spreads starting at 0 pips and leverage up to 1:1000.

This makes it perfect for both newbies and seasoned traders like me.

I’ll walk you through everything—from those basic system requirements (that nobody tells you about) to the advanced features that’ll transform your trading game.

Stick with me, and I’ll show you exactly how to squeeze every bit of potential from this powerful trading tool.

Time to dive deep into what matters (and skip the fluff).

Are you ready to take your trading to the next level?

System Requirements (Let’s Get Technical)

Time to talk about what your device needs to run Deriv smoothly (trust me, this matters more than you think).

While Deriv is easily accessible, there are certain requirements to use the platform.

Luckily, it should work just fine on any relatively new device.

Let me break down the specs that’ll keep your trading hiccup-free.

Mobile Specs (Quick and Easy)

The Deriv GO app plays nice with most modern phones and tablets.

Here’s what you need:

Android users, you’re looking at Android 6.0 or later.

Apple fans need iOS 12.0 or newer on their iPhones and iPod touch devices.

Storage space?

Don’t sweat it.

The app takes up around 38 MB (tiny, right?).

This small footprint means quick downloads and smooth performance (exactly what we want).

The dark theme interface looks slick (easy on the eyes during those late-night trading sessions).

And those charting tools?

Straightforward and effective.

Just make sure you’ve got stable internet—those push notifications keeping you updated on market moves need it.

Desktop Setup (The Full Package)

Desktop trading doesn’t ask for much (your average modern computer should handle it just fine).

Here’s your basic checklist:

  • Dual-core processor (nothing fancy needed)
  • 2GB RAM (minimum)
  • 1024×768 screen resolution
  • Stable internet connection

The platform runs on pretty much everything:

  • Windows
  • macOS
  • Linux

Running multiple bots?

You might need beefier specs.

Those Dbots can get resource-hungry when running multiple instances.

Here’s something cool—you can switch between desktop and mobile without missing a beat.

The desktop version packs more punch with advanced analytical tools and trading calculators.

And I love the flexibility of the mobile app (trading from anywhere, anytime).

Pro tip: Keep your OS updated with the latest patches.

The Deriv team constantly pushes updates, adding new features and expanding capabilities.

Staying current prevents those annoying compatibility issues we all hate.

Getting Your Hands on Deriv (Installation Guide)

Let me show you how to get started with Deriv.

It’s a simple process don’t worry.

After helping countless traders set up their accounts, I’ve got this process down to a science.

Just follow these steps and you’ll be set up in no time.

Download and Setup (The Easy Part)

Android gang, head to Google Play Store and search “Deriv GO.”

One click, and you’re good to go.

Apple folks, same deal in the App Store (just make sure you’re running iOS 12.0 or higher).

Desktop traders (like myself), you’ve got two routes:

First option (the straightforward one):

Visit Deriv’s official website and grab the version for your system (Windows, macOS, or Linux).

Second option (the emulator route):

Download Nox EXE/DMG or BlueStacks. Then:

  1. Drop your email for registration
  2. Hunt down Deriv in the emulator
  3. Hit install and follow the bouncing ball

Account Setup (The Important Stuff)

Let’s talk verification (the part most traders try to skip).

You’ll need two main documents (keep these handy):

  • Proof of Identity (POI) – Pick one:
    • National ID card
    • Driver’s License
    • Passport
    • Government health card
  • Proof of Address (POA) – Your choice:
    • Utility bill
    • Bank statement
    • Council tax receipt
    • Telephone bill

Make sure your POI shows your mug shot, name, and birth date clear as day.

For POA, watch those dates—12 months fresh for CR accounts, 6 months for MF accounts.

Here’s the deal with verification timing (pay attention):

  • You’ll need it after 10,000 USD in withdrawals
  • Required for regulated MT5 accounts
  • Must-have for credit card deposits over 10,000 USD

The review takes 1-3 business days.

Sure, you can trade before verification (I’ve been there), but why risk interruptions?

Take it from someone who learned the hard way—get verified early, trade worry-free later.

Trading Features That Actually Matter

The real magic of Deriv?

Those powerful features packed into one sleek package (I’ve tested them all).

Let me show you what makes this platform tick.

Charts and Market Data (The Good Stuff)

Remember those basic charts from your early trading days?

Forget them.

Deriv brings TradingView’s powerhouse to your screen.

100+ pre-built indicators and 17 chart types that’ll make your analysis sing.

Watch those market movements flow with smooth tick animations.

Mobile traders, you’ll love this—one-finger scaling and pinch-to-zoom (just like your favorite photo app).

Order Types (Your Trading Arsenal)

Here’s what you’re working with:

  • Market Orders: Jump in right now, buying at ASK, selling at BID (perfect for those “gotta act fast” moments)
  • Pending Orders: Buy Limit, Buy Stop, Sell Limit, Sell Stop—your automated trading army
  • Stop-Limit Orders: The fancy hybrid that triggers limit orders at your stop price (like having a trading bodyguard)

Risk Management (The Life Savers)

This is where Deriv shines (and where most traders mess up).

Check these out:

Automatic Stop Out: Positions close when losses hit stake amount (no nasty surprises here)

Take Profit: Set it and forget it—your profits lock in automatically

Stop Loss: Your safety net—trades close before things get ugly

Deal Cancelation: Changed your mind? Cancel trades for a small fee (worth every penny)

Portfolio Tracking (Your Command Center)

This is where the magic happens.

Your trading dashboard shows:

  • Open Positions Panel: Every active trade, right there in front of you
  • Pending Orders Tab: Your scheduled trades, waiting to strike
  • Trade History: Because learning from past trades matters
  • Quick Actions: That “Close All” button? A lifesaver during market chaos

The platform keeps latency minimal (because who needs lag when money is on the line?).

Want to make it yours?

Customize that workspace until it feels like home.

Make That Workspace Yours

My decade in trading has taught me a thing or two.

Here is something you may not realize:

A personalized workspace isn’t just nice to have, it’s your secret weapon.

Let me show you how to turn Deriv into your perfect trading companion.

Chart Layout

The platform’s like a blank canvas (and you’re the artist).

Add widgets from Charts to Watchlist, arrange them how you want.

You get 20 tabs to play with (talk about room to breathe).

Want to set it up?

Here’s my tried-and-tested method:

  1. Hit that ‘+’ for new tabs (like opening new browser windows)
  2. Give those tabs names that make sense to you
  3. Drag your favorite items from the drop-down
  4. Got the 6-dots? Use them to shuffle things around

Technical Indicators (The Secret Sauce)

Remember when traders had to calculate indicators by hand?

Those days are gone.

Now you’ve got a whole arsenal of technical tools at your fingertips.

The classics never die:

  • EMA (my personal favorite)
  • Bollinger Bands
  • RSI

Adding these bad boys?

Super easy.

Click that symbol up top in Deriv X, and boom—a window pops up with all your indicators.

Just drag what you need from left to right.

You’re getting 90+ indicators and 13 drawing tools.

Save your favorite combinations for later (because who wants to set up the same thing twice?).

Mobile warriors, here’s what you get (stripped down but powerful):

Fine-tune those parameters until everything feels just right.

It’s like adjusting the driver’s seat in a car—it needs to fit you perfectly.

Trading on the Go (Your Mobile Trading Buddy)

The Deriv GO app?

This thing’s a game-changer.

We’re talking professional trading, right from your phone.

Let me show you why this has become my go-to mobile solution.

Notifications That Actually Matter

Ever missed a crucial market move?

The notification system keeps you in the loop even when you’re grabbing lunch.

Here’s what you can customize:

  • Vibration settings (never, silent, or always—your choice)
  • Custom ringtones (I use different sounds for different alerts)
  • Auto-download over Wi-Fi (saves your data)

Managing Money on the Move

Remember when you had to be glued to your desktop for account management?

Not anymore.

The Cashier tab handles:

  • Quick deposits and withdrawals
  • Account-to-account transfers
  • P2P payments (my favorite feature)

Trade these markets around the clock:

  • Forex (during market hours)
  • Synthetic indices (24/7 action)
  • Crypto (because the crypto market never sleeps)

For chart lovers like myself, you get Area and Candle options.

Watch those contract markers show your multiplier positions.

Need market intel?

The info icon spills all the details about price changes and trading times.

Twenty years of rock-solid security backs everything up.

And if you’re stuck?

That 24/7 multilingual support chat is a lifesaver.

TradingView Integration (The Game-Changer)

Remember when we had to juggle multiple platforms for decent charts?

TradingView integration changed everything.

Let me show you why this combo gets me excited every time I open my trading screen.

Connecting Your Platforms

There are two paths to choose from.

First option?

Basic access.

Useful, but nothing too special.

But here’s the real deal—grab a Deriv X account for the full package.

Let me walk you through it (I’ve done this hundreds of times):

  1. Find your way to Trader’s Hub
  2. Look for ‘Get’ under Deriv X
  3. Set up your Deriv X account
  4. Jump into TradingView charts from ‘My Trading Account’

Once you’re in (this is where it gets good), you unlock:

  • 100+ pre-built indicators (like a candy store for traders)
  • 17 chart types to customize
  • 110+ drawing tools (I still haven’t used them all)

Trade whatever catches your eye—forex, stocks, crypto, even those exclusive Derived Indices I can’t get enough of.

Platform Sync

Here’s something beautiful—everything syncs in real-time.

Your balance, positions, orders?

All there on TradingView.

This completely changes how you trade:

  • Drawing Object Sync: Draw on your desktop, see it on your phone (like magic)
  • Multi-Chart Layout: Watch different markets side by side (my productivity doubled)
  • Cross-Device Access: Start on your phone, finish on desktop

Want to get fancy?

Stack those charts on one screen.

Pro tip: hit that autosave in chart settings.

Your setup stays perfect across:

  • Browser
  • Mobile app
  • Desktop

The best part?

All this comes free (I’m not kidding).

What to do When Things Go Wrong

Trading hiccups?

We’ve all been there.

There are a few common mistakes that traders make.

Let me walk you through the fixes.

Connection Issues (The Silent Killer)

Nothing kills a trade faster than connection problems.

Your first move?

Check that internet connection.

When things get weird, here’s my battle-tested checklist:

  1. Update that browser (outdated browsers are trading poison)
  2. Try incognito mode (works more often than you’d think)
  3. Switch devices (sometimes it’s not you, it’s your device)
  4. Double-check internet stability

Still struggling?

Switch to a Deriv MT5 server closer to home.

It works wonders for those latency headaches.

Trade Execution Nightmares

Ever seen this beauty?

“Purchase Error: No further trading is allowed on this contract type for the current trading session”.

Don’t panic—hit up live chat support.

I’ve seen traders battle with:

  • Frozen accounts mid-trade (scary stuff)
  • Orders taking forever to execute
  • Failed transactions

Getting authorization errors?

Make sure you’re using “Deriv Holdings” as your broker name (not those old versions).

When trades refuse to play nice, the Help and Support option under your profile is your best friend.

Update Drama (And How to Dodge It)

Platform updates can be tricky.

Keep these three things in check:

  • Browser updates (always)
  • Latest app version (crucial)
  • Regular cache clearing

Got personal info conflicts?

Wrong birth date showing up?

Live chat support sorts these out quick.

Same goes for those pesky verification document issues.

The support team is there 24/7 through live chat.

Take it from someone who’s been there—don’t waste hours trying to fix complex issues yourself.

Hit up support and get back to trading (that’s what they’re there for).

Time to Put All Those Features to Work

After a decade in trading, I’ve seen platforms come and go.

But the Deriv app?

This one’s different.

Why am I so confident?

It’s not just about those 250+ trading instruments or the fact you can start with 5 USD (though that’s pretty sweet).

It’s about how everything works together—desktop to mobile, basic charts to TradingView analysis, beginner tools to pro features.

A platform is only as good as its support system.

Deriv nails this with round-the-clock troubleshooting and those regular updates (we all love those, right?).

That customizable workspace?

It’s like having a trading desk that adapts to you, not the other way around.

Am I saying it’s perfect?

No platform is.

But whether you’re just dipping your toes in the trading waters or you’re swimming in the deep end, Deriv brings you all the tools you need.

Ready to see what this platform can do for your trading game?

Give it a try.

You won’t be disappointed.

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Top broker matches for traders in South Africa

exness logo square transparent: exness.com
Exness
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Your capital is at risk. Leveraged products may not be suitable for everyone.
trade nation logo square transparent: tradenation.com
Trade Nation
4.3

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage
deriv logo square transparent: deriv.com
Deriv
3.9

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
xm logo square transparent: xm.com
XM
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading leveraged products involves significant risk and can lead to the loss of your invested capital. Only trade if you understand the risks.

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