Currency symbol to trade currency pairs on Deriv forex platform

Trade 50+
Forex pairs

Trade major, minor, and exotic currency pairs with high leverage and competitive rates.

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Why trade Forex with Deriv

Leveraged trading

Maximise your market exposure with leverage up to 1:500, and trade larger positions with a smaller initial investment.

Risk management

Protect your trades with tools like stop-loss, take-profit, and more.

Multi-device flexibility

Trade Forex the way you want across MT5 web trader, mobile app, and desktop.

Negative balance protection

Protect your capital with built-in safeguards, ensuring you never lose more than your deposited funds.

An individual using a smartphone to trade on Deriv's foreign exchange platform

Explore our Forex pairs

Major pairs

Trade the world's most liquid pairs like EUR/USD, GBP/USD, and USD/JPY with tight spreads.

Minor pairs

Explore trading opportunities beyond the majors with pairs like EUR/GBP and AUD/JPY.

Exotic pairs

Diversify your portfolio with pairs that combine major currencies with those from growing economies like USD/THB and EUR/ZAR.

Your questions answered

What are the costs associated with trading Forex on Deriv?

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Forex trading on Deriv is commission-free, and the primary cost is the spread. While there are no fees for deposits, withdrawals, or account maintenance, overnight (swap) fees may apply. If you wish to avoid overnight fees on your trades, swap-free trading is available via the Deriv MT5 Swap-free account.

What is the minimum deposit required to start trading Forex on Deriv?

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You can start trading Forex on Deriv with AED 40 or USD 10. This gives you access to our wide range of Forex pairs and all the advanced trading tools on the Deriv MT5 platform.

How does leverage work in Forex trading?

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Leverage allows traders to control a larger position with a smaller initial investment. For example, with 1:500 leverage, you can trade $50,000 worth of currency with just $100 in your account. However, leverage increases both potential profits and risks.

Can I trade Forex on Deriv if I'm a beginner?

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Yes, Deriv is designed to be accessible for traders of all experience levels, including beginners. When you're starting out, you can use our demo account with AED 10,000 in virtual funds to practise trading without risking real money. When you feel confident, you can transition to a real account with deposits starting from just AED 40 or USD 10.

What are the trading hours for Forex?

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The Forex market operates 24 hours a day, five days a week, starting from Sunday evening (22:00 GMT) when the Australian and Asian markets open, and continuing until Friday evening (22:00 GMT) when the US markets close.