This is a guide on how to verify a Deriv account. Account Verification is a must for most brokers and every trader is required to upload their personal details. This is to confirm that the account belongs to you and to also protect your trading account from unauthorized users.

If you do not have a Deriv account yet, you can visit the Deriv website now and follow these easy steps on how to create an account. The most interesting thing with Deriv is that you can freely trade and even withdraw your profits without verifying your account for certain amount of time. This is very different with other brokers since they ask for account verification when trader is opening an account.

With Deriv, the account holder will be notified to upload their verification details after they have reached a certain threshold.

Below are some Key points on How To Verify A Deriv Account.

As you follow this step by step guide on how to verify A Deriv Account, their are certain issues that you must be extremely keen on and they include,

You must be above 18 years of age.

Uploading invalid documents is not accepted. Uploading a national ID or passport that is outdated will not be accepted.

Its key that the details must be correct and clear. some of the details include your name, gender and Date of Birth.

Deriv is a trusted broker

Deriv enables a trader to trade even without verification

The Deriv trader can also freely Deposit and withdraw funds from their account without account verification.

Deriv requires the Account holder to upload their proof of identity and address details once they are notified.

Ensure that the document ID information  plus your personal details match. These details include your name, Date of Birth, Citizenship, country of residence.

Note that the bank statement must have your address attached to it and it must be issued not less than 6 months.

You can visit the Deriv website now and follow these steps to create your account.

Below are the steps on How To Verify A Deriv Account.

Visit the Deriv website.

Go to the Deriv website and click login

Log into your Deriv account.

Enter your correct email address plus password so that you can easily access your Deriv account.

Go to “manage account settings”

Go to the menu and select “manage account settings” option.

Its important to note that in this guide of how to Verify a Deriv Account, you will be required to first upload your proof of Identity documents then you can go ahead and upload your proof of address documents.

1(a)For proof of identity.

(a)select the “Proof of identity”

Go to the verification options and “select Proof of identity”.

(b)Select the country your document was issued in.

Click on the drop down arrow and select the country in which your preferred document was issued and after click “next”

(c)Select the document type you want to upload.

Click on the drop down arrow and select the document type you want to upload and also enter your document number.

(d)Confirm that the name and date of birth match with your chosen document type.

Scroll drown and confirm that the name and date of birth match your chosen uploaded document type.

Then click “verify”

You will then receive an email from Deriv when your documents for proof of identity are verified

2(a)Proof of address.

(a)Go to proof of address.

Go to verification section and select proof of address. Enter your personal details and ensure that they are clear, accurate and complete.

(b)Upload your proof of address document.

Scroll down and upload any document from the ones listed below then click “save and Submit”

• Any of your recent utility bill. It can be a water bill, electricity bill, gas, internet bill.
• A bank statement or a government issued letter with your correct  name and address on it.

After the above steps you will allow a few days for the support to review your documents and get back to you, hence above are the steps on How To Verify A Deriv Account

Below are the key points to consider before uploading the document.

 The document must be a clear colored photo or a scanned image.

 The image must be less than 8 Mega Bytes

 It should be in PDF format or JPEG

 It must be issued less than 6 months

Your names must  clearly appear on the document and your current address must be on it.

With all these details clearly uploaded. A pop up from Deriv will appear on your desktop showing that your proof of address was successfully submitted.

Your documents will be viewed and the verification process takes between one to three working days.

FAQs about How To Verify A Deriv Account.

1.What documents are needed for Deriv verification.

For proof of identity. You will be required to upload  a valid, clear and scanned copy of your national ID, passport or your driver’s license.

For proof of address. You will be required to upload a utility bill like an electricity bill, water bill, gas or a bank statement.

2.Why is my Bank statement rejected whenever I upload it for proof of address?

Note that the bank statement must have your address attached to it and the details must be correct and clear. It must also be issued not less than 6 months

3.Can I trade when my account is not verified?

Yes you can. Deriv gives you the liberty to trade and also be able to withdraw your profits even when your account is not yet verified.

However when you reach a certain threshold, Deriv will ask you to upload your verification details.

4.Can I deposit funds on my Deriv account before verifying my account?

Yes you can.

5.Why do i have to verify my account?

The main reason for account verification is to ensure that your Deriv account is secure . With a verified account, you will be able to easily access your cashier and be able to deposit and withdraw funds without any disturbance.

6.How long does Deriv account verification take?

Deriv verification process takes one to three working days.

7.Why does Deriv reject the documents I upload?

There are different reasons as to why Deriv rejects your documents and some of them may include uploading invalid documents and also uploading documents that are not clear.

Thank you for completing this article on how to Verify a Deriv Account and in case you face any challenges with your account verification, you can always contact Deriv support whenever you face such a challenge and you will be immediately assisted.