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How to open a micro account on Deriv binary options
Verification is an essential part of opening a live trading account. It serves two major purposes: first, it proves that you are the real owner of the account, and second, it protects your future withdrawals. Without verification, you won't be able to use the account fully or access all transactions. The verification process typically involves uploading a document that proves your identity, such as a passport or identification card, followed by a document that confirms your residential address. The platform reviews these files to ensure everything matches your registration details. Once approved, your account becomes officially verified and ready for real trading.
With verification completed, the next important step is setting up the wallet or financial section of your Deriv profile. Deriv uses a specialized system that allows you to manage deposits and withdrawals with flexibility. Here, you choose your preferred payment method, which may include online banking, cards or digital wallet services. The platform provides a clean layout that helps young traders understand how funds move and how balances are updated. Before entering live trades, you must deposit funds, and this step requires attention. Deposits are normally processed quickly, allowing you to start trading once the money reflects in your account.
After funding the account, the platform gives you access to the live trading interface. This is where the real action begins. The charts, market listings and trade controls become fully active. The difference between the demo environment and the live environment becomes clear once you see real balance numbers and live trade execution. But even though the pressure feels higher, the platform’s layout remains intuitive so that young traders can adapt smoothly. You can select instruments, adjust stake sizes, manage open positions and study market data in real time.
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In this base hub, you’ll notice two major gameplay modes: practice mode and live mode. Practice mode is your tutorial—no damage taken, no real risk, just pure learning. But if you’re reading this, you’re gearing up for the main storyline: opening a live trading account. Before you jump into the real missions, Deriv needs some details from you. It’s not unlike character creation in RPGs. You choose your identity, assign your real-world info, select your region and confirm your personal attributes. These details matter because they shape your access and protect your account from unsafe interference.
Once you’ve passed the character setup phase, Deriv pushes you toward a crucial checkpoint: verification. This is basically the equivalent of clearing a level lock. Until you pass this stage, the next areas of the game remain inaccessible. Verification requires two key items—an identity document and a proof of address. You upload these artifacts like you’d upload files to a game launcher. The system must make sure you are a real player and not a bot, a cheater, or someone trying to hack into resources they aren’t authorized to access. Once Deriv reviews your uploads and approves them, you unlock full access to the live trading features.
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