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How to open Deriv demo account binary options trading
At this stage, you technically have a basic account, but it isn?t live yet and you can?t trade binary options until more verification steps are completed. Still, you?re officially inside, which is a good start.
Completing Personal Details
Before gaining access to live trading, the platform needs more information to ensure you?re a legitimate user and eligible to trade. This part feels like filling out a student registration form?nothing hard, just make sure your details match your official documents.
You will be asked for information such as:
? Full name
? Date of birth
? Address
? Citizenship
? Phone number
The system uses this information to comply with international financial regulations, so everything must be accurate.
REAL Account
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Demo Account
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Access to financial instruments, charts, and analytical tools
Transactional capabilities such as funding, withdrawals, and order execution
While minors cannot legally participate in these systems, learning what such accounts represent is important. Real accounts form the backbone of financial service operations, ensuring traceability, accountability, and adherence to global financial laws.
Understanding this helps demystify the professional framework behind online trading and introduces the key concept that financial platforms must operate under strict consumer-protection and anti-fraud regulations.
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