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Creating a Real Account on Deriv
Even though you can explore the dashboard freely after registering, real trading requires a verified account. Before anything else, you need to provide the basic personal information the platform requests. This includes your full name, date of birth, and address details. All of this must match the documents you will later use during verification. The registration system is straightforward, designed to help beginners feel comfortable instead of overwhelmed.
After entering your personal information, Deriv presents a short questionnaire. These questions are created for regulatory purposes and help the platform understand your level of experience. The goal is not to test your trading knowledge but to ensure you know that trading involves risk. Once the answers are submitted, your real account becomes active, although not fully verified yet.
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How to Use Your Demo Balance Properly
Even though demo money is virtual, it is still useful for learning discipline. Many beginners make the mistake of placing random trades in demo mode simply because they cannot lose real funds. This destroys the learning process. Instead, treat the virtual balance as if it were real money. This helps you build good habits early.
You can create a simple plan for your demo practice sessions. Set goals like testing a certain number of strategies, exploring specific chart movements, or practicing risk control. By doing this, you will notice your skills growing steadily. When you eventually move to live trading, the experience you gained in demo mode will become extremely valuable.
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