How to become a Deriv payment agent

Deriv is online trading platform that offers a wide selection of derivatives to trade on 24/7 basis, that
include foreign currencies, commodities, stocks and indices . Becoming a Deriv payment agent is a
partnership arrangement where a payment agent is authorized to process deposits and withdrawals for
deriv clients. I as a Deriv Agent will show you below some of the roles you are entitled to…..

Commission
Determine your commission per transaction, subject to Deriv’s established thresholds.

Promote services
Choose which countries to service, and promote your services your way.

Withdraw /Deposit

Perform multiple deposits and withdrawals per day. If a client wishes to withdraw they can withdraw
the money in to your account and you give them cash in hand for example in Zimbabwe there is zipit,
ecocash, onemoney, USD etc and same applies when the client want to deposit money into their deriv
account.

How to apply to be a Deriv payment agent

 

Send Deriv an email to deriv support with the following:
 Your name, email address, and contact number
 Your website address (if you have one)
 Payment methods you will accept from clients
 The commission you will charge clients on deposits and withdrawals
Wait for Deriv to reply
They will review your application and get in touch for further information and next steps.

How do you Depost/withdraw money from Deriv account as a client?

Log in to your Deriv account and click on Cashier. Click on Withdrawal. You will receive an email asking
you to verify your withdrawal request. Follow the link that is sent to your email and it will redirect you to
the Deriv cashier.

If you want to withdraw from an agent, you need to verify with them if they have balances in their
accounts at that moment. The other thing to understand, is that when making a deposit, the agent may
charge a commission for example for a US$100 deposit, an agent may ask you to pay $105/ $110, but
above all it is based on negotiation.

NB: Deriv now has a policy of using one mode of choice for deposit and withdrawal, for example if you
use bitcoin for deposit you must as well use it for withdrawal, same applies to using an agent, visa etc
If you face any challenges in your deposit or withdrawal, you can contact the Deriv Support and they will
help you.

In my other article I elaborated how you can deposit and withdraw money without any hassles using the
Deriv Peer to Peer (dp2p) please click link here

 

If you are new to forex trading and haven’t opened a Deriv account please click link below to create your account.

If you have any problems, questions or contributions regarding Deriv and forex trading, please feel free
to comment below and I as an Agent of Deriv will be happy to discuss with you in the comments section.

10 thoughts on “How to become a Deriv payment agent”

  1. Emmanuel Kufazvineyi

    Hie Kuda lm Emmanuel Kufazvineyi lm failing to log in to my deriv real account what should l do?

  2. Pingback: Deriv cashier how it works - KudaOnline

  3. Hello Kuda, am from Nigeria, am deeply worried of depositing in this platform, have seen so many reviews of people being scammed and account been shut down for no reason probably because they made alot of profits from the platform, but i want to hear your thoughts about the platform, is it safe to trade binary options with this broker?, do i get to withdraw my money safely when am done?..can u advice a friend to deposit in this broker and assuring him/her it’s completely safe to use?

    like the first comment at the top, the person complains of not being able to login to his account, but on a second thought his account must’ve be banned without him knowing it

    so please i really need your advice as a brother…i’ll be waiting for your honest reply thank i appreciate

    1. Hi thanks so much for the questions.

      I will answer them one by one

      1. My thought about binary platform
      I have been using this service since 2015 and have not heard any problems

      2. Is it safe to trade binary options with this broker?
      Yes it is safe to trade.

      3. How does binary or deriv shut down accounts?
      I am sure that you agree with me that any business has terms and conditions if one is found violating any of the conditions I thinkn you can have your account shut down. Examples that will get your account shut down. if you are doing any money laundering activities. If other users complain about your activities. That is if you use thier deriv peer to peer platform. If you log in from many diferent locations. The list is endless.

      In conclusion if theree have not been good they would not be in business for this long

      Let me know if you have any other questions

      1. Alright, thanks for the reply, i feel
        more confident now, but still a little bit skeptical..
        am now considering depositing money into the platform, but i want to start off low, so what’s the minimum deposit using DP2P?, i would like to start with $5, so incase i loose that it wouldn’t hurt that much, but can i deposit any amount lower than $5? using DP2P, or is the minimum deposit base on the agent?

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