How to Deposit on Deriv in South Africa
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Deriv is one of the most popular forex and CFDs brokers in South Africa. They offer many payment methods that South Africans can use easily. In some cases, payments via cards from local banks aren’t working, but there are always workarounds. In this guide we reveal everything about Deriv deposit methods in ZA.

Deriv Minimum Deposit Overview

The Deriv broker minimum deposit is 5 USD when traders register a live trading account.

Furthermore, the Deriv minimum deposit in ZAR is around R17.00 according to the current exchange rate between USD and ZAR. At the same time, European clients pay 0.96 EUR when registering a Deriv trading account.

Currency conversion fees might apply, and these are determined by current exchange rates between currencies and the payment providers/banks.

Traders registering for a live account are subject to the Deriv forex minimum deposit to ensure they have enough funds to cover margin requirements. Margin requirements must be fulfilled before traders can open trading positions, even when they apply leverage.

The Deriv minimum deposit in USD is a default for many payment methods. However, on most Deriv deposit methods, traders can select other deposit currencies. Each deposit method has supported currencies that can be selected when traders fund their Deriv account.

Deriv Broker Minimum Deposit on Synthetic Indices and Forex

The minimum deposit for Deriv Synthetic Accounts is 0 USD. Deriv does not have a set minimum deposit for this account and allows traders to transfer funds from their Deriv Account to the Synthetic MT5 account.

Deriv Minimum Deposit vs. Margin Requirements

While Deriv has a 5 USD minimum deposit on the standard account and no minimum deposit to trade Synthetic Indices, traders must ensure that they can meet Deriv’s margin requirements to start trading.

To calculate the margin manually, traders can use this formula:

  • Margin = (Trading Volume x Contract Size in Lots x Spread) / Leverage

Alternatively, to calculate how much is needed to cover the margin, traders can use Deriv’s margin calculator. Moreover, this is a handy tool when traders want to calculate the Deriv minimum deposit needed to start trading.

Traders can calculate the margin on the Synthetic, Deriv X, and Deriv Accounts and start trading by following these easy steps:

  1. Choose an Account type from the “Symbol” dropdown.
  2. Enter the trading volume (contract size in standard lots where 1 lot is 100,000 units of the base currency in EUR, ZAR, or USD)
  3. Choose your leverage ratio from the dropdown list
  4. Click the “Calculate” banner to view the margin you must pay to open a position.
  5. Make the Deriv minimum deposit in ZAR, USD, or EUR to start trading.

Deriv Deposit Methods

Traders can make their minimum deposit by using the following Deriv deposit methods:

  • Online Banking
  • Credit/Debit Cards
  • E-Wallets
  • Cryptocurrencies
  • Fiat Onramp
  • Deriv P2P

Below, you will find a comprehensive overview of the Deriv deposit methods, deposit currencies, minimum and maximum deposit amounts, and how long Deriv deposits take.

Deposit Method Deposit Currency Min Deposit Max Deposit Deposit time
Online Banking Instant Bank Transfer USD 5 USD 50,000 USD 1 working day
PayTrust USD 10 USD 17,000 USD 1 working day
Help2Pay USD 15 USD 10,000 USD Instant
Dragon Phoenix USD 10 USD 10,000 USD Instant
ZingPay USD, EUR, AUD, GBP 10 USD, EUR, AUD, GBP 500 USD, EUR, AUD, GBP Instant
Nganluong USD 10 USD 2,500 USD 1 working day
Credit/Debit Card Visa USD, EUR, AUD, GBP 10 USD, EUR, AUD, GBP 10,000 USD, EUR, AUD, GBP Instant
Visa Electron USD, EUR, AUD, GBP 10 USD, EUR, AUD, GBP 10,000 USD, EUR, AUD, GBP Instant
Mastercard USD, EUR, AUD, GBP 10 USD, EUR, AUD, GBP 10,000 USD, EUR, AUD, GBP Instant
Maestro USD, EUR, AUD, GBP 10 USD, EUR, AUD, GBP 10,000 USD, EUR, AUD, GBP Instant
Diners Club USD, EUR, AUD, GBP 10 USD, EUR, AUD, GBP 10,000 USD, EUR, AUD, GBP Instant
JCB USD 10 USD 10,000 USD Instant
E-Wallets Fasapay USD 5 USD 10,000 USD 1 working day
Perfect Money USD, EUR 5 USD 10,000 USD Instant
Skrill USD, EUR, AUD, GBP 10 USD, EUR, AUD, GBP 10,000 USD, EUR, AUD, GBP Instant
Neteller USD, EUR, AUD, GBP 10 USD, EUR, AUD, GBP 10,000 USD, EUR, AUD, GBP Instant
WebMoney USD, EUR 5 USD, EUR 3,000 USD, EUR Instant
Paysafecard USD, AUD, GBP, EUR 5 – 1,000 USD, AUD, GBP, EUR 5 – 10,000 USD, AUD, GBP, EUR Instant
Jeton USD, EUR, AUD, GBP 5 USD, EUR, AUD, GBP 1,000 USD, EUR, AUD, GBP Instant
Sticpay USD, EUR, GBP 5 USD, EUR, GBP 10,000 USD, EUR, GBP Instant
AirTM USD 5 USD 2,500 USD Instant
Boleto USD 10 USD 500 USD 2 – 3 working days
Paylivre USD 5 USD 4,000 USD Instant
OnlineNaira USD 10 USD 1,000 USD Instant
Trustly USD, EUR, GBP 10 USD 100 USD Instant
Beyonic UGX, TZS 5 UGX, TZS 1,000 UGX, TZS Instant
AstroPay USD 5 USD 2,500 USD Instant
1 For You USD 10 USD 1,000 USD Instant
ADVCash USD 5 USD 1,000 USD Instant
Crypto Bitcoin BTC 0 BTC Once confirmed
Ethereum ETH 0 ETH Once confirmed
Litecoin LTC 0 LTC Once confirmed
USD Coin USDC 0 USDC Once confirmed
Tether USDT 0 USDT Once confirmed
Fiat Onramp Changelly USD, EUR, GBP, BTC 50 USD, EUR, GBP, BTC 5,000 USD, EUR, GBP, BTC 5 – 30 minutes
P2P Deriv P2P Any currency 0 USD 500 USD 1 hour

How to fund a Deriv Account Step-by-Step

To deposit funds into your Deriv Account, you can follow these few steps:

  • Ensure that your live account has been verified and approved by Deriv after completing the “Know Your Customer” (KYC) process.
  • Log into your Deriv Account and select “Cashier” from the options.
  • Click “deposit” and choose a deposit method carefully. When you withdraw, the initial deposit method will be used first before other options are considered.
  • Enter the minimum amount that you would like to deposit according to the payment method that you have chosen.
  • Choose a currency if the payment method allows for currencies other than USD.
  • Follow any additional steps according to the payment provider to confirm and complete your deposit.

All traders are subject to KYC verification before depositing or withdrawing funds. The KYC process is part of the registration. It must be completed before a Deriv account can be approved and the minimum deposit made to start trading.

Traders must note that the deposit process will determine how long a deposit takes, ranging from an hour up to three days, depending. However, depending on the processing time of banks and payment providers, it could take longer.

Deriv prohibits all third-party payments as part of its Anti-money Laundering (AML) policies. Therefore, all funds must come from a source that reflects the trader’s name when registering a real account.

Furthermore, when traders make a Deriv minimum deposit, USD might be the default currency against which currency conversion rates might apply.

Deriv Security of Deposited Funds

Your funds are always available for withdrawal, and Deriv will never use them to further its commercial goals.

Your funds are maintained in separate accounts at reputable financial institutions. In the very unusual event that Deriv goes bankrupt, your money will be safe since it will never be combined with the broker’s money.

Deriv Deposit Problems Reviewed

While Deriv’s deposit methods and process are straightforward, traders might often experience problems. To help with any Deriv deposit problems, there is an active and dedicated community where clients can report issues they experience with deposits from administrators.

If traders experience a specific problem, they can use the search function at the top of the community page to search for keywords related to their issue. Then, they can log into the website and post a new issue on this page.

Alternatively, traders can click the “Menu” to adjust their feed filters and to choose from over 10 categories with different reported problems. Finally, all traders are urged to consult the “About” and “FAQ” sections to ensure they understand how the forum works and the rules.


How do you deposit into Deriv?

You can log into your Deriv real account and click on the “Cashier” option. You can choose to deposit and choose your payment method from the options. Enter a deposit amount and follow any further steps to confirm your deposit.

Where can I view steps on how to fund a Deriv Account?

Deriv has a comprehensive library with educational how-to videos that cover several topics, including how to fund your Deriv Account step-by-step.

How much do I need to start trading on Deriv?

You can register a trading account with 5 USD or an equivalent in ZAR or EUR.

Does Deriv provide a deposit bonus?

Deriv does not currently provide a deposit bonus when a real account is funded.

How long does a Deriv deposit take?

Deposits can take from an hour up to 3 days, depending on the payment method and internal processes of payment providers.

Your capital is at risk