Not every trader has access to traditional banking methods or e-wallets, and that’s where Deriv’s payment agents come in. These trusted local intermediaries make it possible to withdraw funds through familiar, region-specific payment options. There is no bank card or international transfer required. In this guide, we’ll walk you through exactly how to withdraw using a payment agent on Deriv, step by step, so you can access your funds in a way that works best for you. It is important to understand the risks that come with doing online transactions. The CFTC Learn and Protect shows you how to protect yourself specifically for trading related transactions like deposits and withdrawals.
If you are completely new to this method of withdrawing and depositing you can also check out How Deriv P2P Works. This will put you in a better position to weigh your options.
Step 1: Go to Payment Agents in your Deriv Wallet
Log into your Deriv account, open Wallet, and select “Payment Agents”. This lists agents available for your account’s country and currency.
Step 2: Compare Available Agents
Review the list of agents, checking their accepted payment methods and contact details. It’s worth comparing a few, especially if you’re after a specific local option.
Step 3: Contact the Agent to Arrange Withdrawal
Reach out to your chosen agent directly using their listed contact details, since Payment Agents operate independently rather than processing everything inside Deriv itself.
Step 4: Confirm the Transaction Details
Agree on the amount, payment method, and any rate or fee with the agent before proceeding. Reputable agents will be upfront about their process.
Step 5: Initiate the Withdrawal in Deriv
Submit the withdrawal request through Deriv, selecting your chosen Payment Agent. The equivalent amount will be deducted from your Deriv balance.
Step 6: Receive Payment From the Agent
The agent pays you locally through your agreed method, once the withdrawal request has been processed on Deriv’s side.
Withdrawal Complete
That’s the full process for withdrawing through a Deriv Payment Agent. Since agents work independently, always confirm their details and reputation before sending any request. You can also learn about an alternative way to withdraw through this guide How to withdraw using Deriv P2P
The Deriv Partner Program is the one of the most popular ways that traders are using to earn extra income. For traders or individuals interested in helping traders to join Deriv this is a perfect vehicle to make extra revenue without placing a trade.
FAQ: Withdrawing Using a Payment Agent on Deriv
Are Deriv Payment Agents part of Deriv itself? No, Payment Agents are independent individuals or businesses authorized by Deriv to offer local deposit and withdrawal services.
Is it safe to withdraw through a Payment Agent? Deriv vets and lists agents on its platform, but since the transaction happens directly between you and the agent, it’s worth checking their track record first.
Do Payment Agents charge withdrawal fees? Some may charge a small fee or adjust their rate slightly, so confirm this with the agent before initiating the withdrawal.
What if a Payment Agent doesn’t complete the payment? Report the issue to Deriv support, who can look into the agent and transaction on your behalf.
