Many individuals need to commerce foreign exchange and artificial indices, however one concern retains holding them again: dropping cash. When you’ve ever blown an account, hesitated to fund a stay account, or informed your self “let me follow extra first”, then this is likely to be the neatest alternative you’ll see this yr. What if I informed you which you could commerce with zero danger, use a demo account, and nonetheless win actual money prizes? That’s precisely what Deriv Demo Buying and selling Competitors is all about.
Scan the picture beneath to enroll:
What Is the Deriv Demo Buying and selling Competitors?
The Deriv Demo Buying and selling Competitors is an internet buying and selling contest the place merchants compete utilizing digital (demo) funds, however the high performers win actual cash.
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Let me repeat that:
You commerce with a demo account.
You compete with different merchants.
You win actual money in case you are ranked within the high 3
No deposit is required to take part within the competitors itself.
This makes it one of many most secure and smartest methods to follow buying and selling, particularly for:
Freshmen
Merchants recovering from losses
Merchants testing new methods
Anybody who needs to enhance with out strain
How the Deriv Demo Competitors Works (Step by Step)
Right here’s the way it works in actual life:
Step 1: Create a Free Deriv Account
You begin by registering a free Deriv account
Step 2: Go to the Competitors Web page
After creating your account, go to the official competitors web page by clicking right here
That is the place all energetic demo competitions are listed.
Step 3: Be part of an Energetic Demo Event
Select any ongoing demo competitors and click on Register.
When you be part of:
You’ll get entry to fill your private particulars after which get a demo account for the competitors.
Each participant begins on equal footing
N/B: Use solely your demo account that’s hooked up to the competitors to commerce, as a result of high performers are up to date in actual time.
Step 4: Commerce on Demo
You commerce precisely the identical approach you’ll commerce an actual account:
However keep in mind:
No actual cash is in danger
Losses don’t have an effect on your pocket
You’ll be able to commerce confidently and boldly
Step 5: Climb the Leaderboard
Your objective is easy:
Develop your demo stability greater than different merchants
Rank among the many high merchants on the leaderboard
Step 6: Win Actual Money
When the competitors ends:
Prime-ranked merchants obtain actual money prizes
Prizes are credited to your Deriv account
You’ll be able to withdraw or use the funds for stay buying and selling
Why Deriv Demo Competitions is a Large Deal
1. Zero Threat Buying and selling
You don’t lose your cash. This alone makes it higher than leaping straight into stay buying and selling with out expertise.
2. Actual Market Circumstances
This isn’t a sport or simulation.
You’re buying and selling:
Stay market costs
Actual volatility
Actual buying and selling circumstances
The one distinction is that the funds are digital.
3. You Get Paid to Be taught
Most individuals pay for programs, indicators, and mentorship.
Right here, you’re:
Training
Studying
Enhancing self-discipline
And nonetheless having an opportunity to earn cash.
4. Excellent for Technique Testing
Have a brand new technique?
A brand new danger administration thought?
A brand new artificial indices setup?
Check it in a aggressive setting with out concern.
5. Builds Confidence for Stay Buying and selling
Nothing builds confidence like seeing your technique work.
Many merchants who win or carry out nicely in demo competitions:
Transition easily into stay buying and selling
Commerce with higher self-discipline
Keep away from emotional errors
Who Can Be part of the Deriv Demo Competitors?
This competitors is good for:
Freshmen studying the way to commerce
Merchants afraid of dropping cash
Merchants recovering from blown accounts
Skilled merchants sharpening expertise
Anybody severe about bettering
Tips on how to Improve Your Possibilities of Profitable
Listed here are easy ideas:
Don’t overtrade
Keep away from revenge buying and selling
Deal with one or two devices
Defend your demo capital
Deal with it like an actual account
The objective is consistency, not playing.
Tips on how to Be part of Proper Now
When you’re prepared to start out:
Click on right here to create a free Deriv account
Log in to your account
Go to contest.deriv.com
Be part of an energetic demo competitors
Begin buying and selling and climb the leaderboard
Threat Disclaimer
Deriv affords complicated derivatives, similar to choices and contracts for distinction (“CFDs”). These merchandise will not be appropriate for all shoppers, and buying and selling them places you in danger. Please just be sure you perceive the next dangers earlier than buying and selling Deriv merchandise: a) it’s possible you’ll lose some or the entire cash you put money into the commerce, b) in case your commerce includes forex conversion, change charges will have an effect on your revenue and loss. You must by no means commerce with borrowed cash or with cash that you simply can not afford to lose.
