What is Self Exclusion?

2 min. readlast update: 11.30.2023

DESCRIPTION: The self-exclusion tool is used to manage your online trading activity and exercise Secure and Responsible Trading (Secure and responsible online trading guidelines | Deriv). This tool sets and adjusts the amount of money and time you spend trading online. 

With the Self-exclusion setting, YOU CAN:

  • Limit the amount of money you may trade within a specified period.
  • Limit the losses you may incur within a specified period.
  • Limit the amount of time you may trade in a session.
  • Exclude yourself from trading on our website for a definite or indefinite period.

HOW IT WORKS:

  • You have full control over your trading limits. You can set, remove, increase, or decrease limits on your stake amount, losses incurred, and duration of trading sessions at any time.
  • If you wish to bar yourself from trading on our site, set self-exclusion limits. There’s a minimum period of 6 months for self-exclusion after which you may extend it to a total of 5 years or resume trading immediately after expiration.
  • When you’ve set your self-exclusion period, we will refund your account balance.

RESOLUTION STEPS: 

  1. You may go to the Self exclusion page on your Deriv account. 
  2. Setting your limits is optional and you can adjust them at any time. If you don’t wish to set a specific limit, leave the field blank. 
  3. You can also exclude yourself entirely for a specified duration. Once the self-exclusion period has ended, you can either extend it further or resume trading immediately. 
  4. If you wish to reduce or remove the self-exclusion period, contact our Customer Support via LiveChat/Whatsapp for further assistance.

For further check refer to https://community.deriv.com/t/trading-limits-and-self-exclusion/33110 / https://deriv.com/responsible/

Was this article helpful?