How To Deposit & Withdraw Using Deriv Payment Agents In Zimbabwe 🚀

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Deriv payment agents in Zimbabwe can help you fund and withdraw from your Deriv account. This post will show you how they can do that for you.

How To Transfer Funds Using Deriv Agents In Zimbabwe

Deriv has partnered with local payment agents in Zimbabwe. These agents have been authorised to do transfers on behalf of clients in exchange for payment using local payment methods like EcoCash, Zipit, Mukuru & cash.

Zimbabwean forex traders using Deriv can both deposit and withdraw using these payment agents without verifying their accounts. The minimum amount you can deposit and withdraw through agents is US$10

If you get an error message saying that your account is not authorised to deposit or withdraw via payment agents then you will need to apply for authorisation. You can do this using the live chat feature on the Deriv website and ask for authorisation. It usually takes a short time.

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How To Deposit Using Deriv Payment Agents In Zimbabwe

1. Find a Deriv payment agent In Zimbabwe

Log in to your Deriv account (if you do not have a Deriv account you can create one by clicking here). Then click on Cashier > Payment Agents. You will see a list of payment agents available in Zimbabwe. You can filter the payment agents using the payment methods they accept.

Choose the payment agent you want and then get their contact details.

2. Contact the Deriv payment agent

Contact the payment agent and alert them that you want to deposit via them. They will then let you know of other commission fees and the payment methods they take. If you are in agreement you can proceed to step three. If not, you can go back to the payment agents list and find another agent.

3. Make your payment to the  Deriv agent In Zimbabwe

Pay the agent using your pre-agreed method and send them your proof of payment. This is, of course, not necessary for cash transactions done face-to-face.

4. Give the Deriv payment agent your name and your Deriv CR number for them to make the transfer

These details are necessary so that the payment agent can verify if they are making the payment to the right account. The CR number is a unique string of numbers starting with CR that is used to identify your Deriv account.

You can find your CR number using the image below.

The payment agent will then be able to verify your name using your cr number before they make the transfer.

5. Deriv Payment Agent In Zimbabwe makes the transfer 

The payment agent will then make the transfer and the funds will reflect instantly in your account. If needed, the payment agent can send you proof of transfer like the image below.

You can use the funds to trade binary options. You can also proceed to move the funds from your main account into your DMT5 account and trade synthetic indices like boom and crash and the step index. You can even use the funds to trade forex on Deriv.

How To Withdraw Using Deriv Payment Agents In Zimbabwe

1. Find a  Deriv agent in Zimbabwe

Log in to your Deriv account (if you do not have a Deriv account you can create one by clicking here). Then click on Cashier > Payment Agents. 

2. Contact the Deriv agent

Proceed to contact the payment agent of your choice and alert them that you want to withdraw through them. They will let you know of their commissions and the payment methods that they will use to pay you.

If you are in agreement you can proceed to step three. If not, you can go back to the payment agents list and find another agent.

3. Get the payment agent's CR number and name

You will need to enter and confirm these details when you make the withdrawal. It is important to ensure that you are withdrawing to the right agent. Once you have confirmed the withdrawal the funds will be instantly transferred to the agent's account.

You will both get an email confirming the withdrawal.

4. The Deriv payment agent In Zimbabwe pays you. 

The agent will then use your pre-agreed local payment method to pay you less their commission. The withdrawal via payment agent will then be complete.

As you can see, it is easy, fast and convenient to move funds from one Deriv user account to the other via payment agents. You can literally close your profitable trade, withdraw via an agent, and get that profit as local currency (e.g EcoCash) in minutes!

You can also apply to be a payment agent yourself.