open Deriv demo account mt5 binary options trading
Why Verification Is Required
Account verification is one of the most important parts of opening a live trading account. Deriv follows KYC (Know Your Customer) rules, meaning you must prove your identity before accessing real-money trading. Think of it like getting your student ID before you can enter certain buildings.
Verification includes:
• Identity confirmation (passport, national ID, or driver’s license)
• Proof of address (bank statement, utility bill, or residence document)
Once you upload the documents, Deriv typically reviews them within a short time. If everything matches, your account is verified and you can move on to funding your wallet and unlocking binary options trading.
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Learning concepts, not participating in real markets
Understanding financial risks rather than pursuing quick profit
Building long-term financial literacy
Recognizing that trading is not a game
By focusing on educational exploration instead of direct involvement, students can cultivate strong financial awareness and prepare for responsible decision-making in adulthood.
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