Deriv questionsUpdated 3 min readBy the FXNOD team
What fees and charges should you check before using Deriv?
Before using Deriv, check five costs: the payout on options, which is where their cost sits; spreads and overnight swaps on CFDs; fees your payment provider may charge on withdrawals, including crypto network fees; currency conversion; and what happens to a dormant account. Deriv's help centre says it charges no fees for deposits into your Wallet.
The costs, one by one
| Cost | Where it applies | What to know |
|---|---|---|
| Payout margin | Options | The cost is in the payout quoted for each contract |
| Spread | CFDs | The gap between buy and sell price, per instrument |
| Swap | CFDs held overnight | Charged or paid per night, per instrument |
| Deposit fee | Funding your Wallet | Deriv says there are no fees for deposits |
| Withdrawal fee | Taking money out | Deriv says your payment method may charge one |
| Network fee | Crypto withdrawals | Deriv's terms make you responsible for applicable network fees |
| Dormancy | Inactive accounts | Deriv's terms treat an account with no transactions for over 12 months as dormant, and it can be charged |
The cost you do not see: the payout
An option has no commission line. Its cost is the difference between what a fair contract would pay and what it does pay. If an even-chance contract returns a profit of 95 on a stake of 100, you need to win more than 51.3% of the time to break even. That gap is the price, and you pay it on every trade. Read the payout before each purchase.
Dormant accounts
Deriv's terms treat an account as dormant when it has recorded no transactions for more than twelve months, and allow Deriv to make an adjustment in its favour then and every six months while it stays dormant. They also allow funds of 1 USD or less to be removed after 30 days of inactivity. If you stop trading, withdraw your balance.
Costs from outside Deriv
- Your bank or card issuer may charge for international payments.
- Converting between your currency and the account currency costs money each way.
- Payment agents and peer-to-peer sellers set their own rates.
- Trading profits may be taxable where you live.
Work out your own cost
Take one typical trade
Your market, your stake, your holding time.
Add every charge
Payout margin or spread, swap if held overnight.
Multiply by your trades per month
Small costs repeated often are the large ones.
Add one deposit and one withdrawal
Including what your bank takes.
Questions people ask
- Does Deriv charge deposit fees?
- Deriv's help centre says there are no fees for deposits into your Deriv Wallet. Your payment provider may charge its own.
- Does Deriv charge an inactivity fee?
- Deriv's terms allow a charge on accounts with no transactions for more than twelve months. The terms do not state a fixed amount.
- Does Deriv charge commission on options?
- There is no separate commission line. The cost is built into the payout each contract quotes.
Use your Deriv account from FXNOD
FXNOD is an independent terminal for your own Deriv account. You sign in on Deriv's page, your balance stays at Deriv, and you can trade by hand or run a bot. Start on the demo account.
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