How and why to become a signal provider on Deriv Nakala

6
min read

How and why to become a signal provider on Deriv Nakala

6
min read
3D chart icon with upward arrow and red DN badge, representing becoming a signal provider on Deriv Nakala trading platform.
Lesson
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minutes

Becoming a strategy provider on Deriv Nakala is a rewarding way to share your trading expertise and potentially earn from your success. On Deriv Nakala, you can connect with a diverse community of traders who are looking for top strategies to follow, while you build your personal brand and potentially grow your returns through performance fees.

This guide walks you through the benefits of being a strategy provider on Deriv Nakala, how to get started, and how to fine-tune your profile to attract followers and maximise your impact.

Why become a signal provider on Deriv Nakala?

Deriv Nakala, part of the wider Deriv ecosystem, lets you broadcast your live trading strategies. Other traders, also known as followers, can automatically copy your trades, while you earn fees for each copier. This system helps new and experienced traders alike, creating a collaborative and transparent marketplace.

Benefits:

  • Earn passive income: Set your own fee structure and receive payouts based on your followers’ success.
  • Build your reputation: Climb Nakala’s public leaderboards and develop a verifiable performance track record.
  • Empower others: Share your knowledge while helping new traders learn and grow.
  • Complete flexibility: Adjust your fees, manage followers, and pause sharing at any time via the app.

Getting ready: Prerequisites for becoming a trading signal provider

If you’re new to Deriv Nakala, review our copy trading app signup guide to set up your account. Signing up for Nakala, installing the mobile app, and linking your Deriv MT5 Standard account are prerequisites before you can proceed as a strategy provider.

Quick checklist:

  • You have an active and funded Deriv MT5 Standard account with a minimum balance of USD 500.
  • Your Nakala profile is set up (including profile image and biography).
  • Your Deriv MT5 account is correctly linked to Nakala.

Becoming a signal provider on Deriv Nakala: Application and fee setup

Once your accounts are set, you’re ready to become a signal provider (also called a strategy provider). Here’s how to apply and set your signal fees:

  1. After your application is approved, return to Account
  2. Click “I want to charge a fee and complete a Signal Application Form” (if you haven’t already done so in the past).
  3. Select “Set fee” when the option appears and choose your preferred fee type:
    • Performance Fee: A percentage of your followers’ profits (up to 50%).
    • Subscription Fee: A fixed monthly USD amount (no upper limit).
  4. Click on “Agree and Update” to confirm your selections and submit your strategy.
Nakala screens showing steps to apply and set signal provider fees, including return history, fee details, and agree button selection.

Tip: While there’s no strict minimum, you’ll attract more followers with a solid (6+ months) history of positive, real Deriv MT5 trading results.

Attracting followers and managing your trading strategy

Grow your audience:

  • Your public trading statistics and biography appear in the Nakala leaderboard, helping potential followers evaluate your performance.
  • Maintain consistency and transparency to rank higher and draw more copiers.
  • Consider fine-tuning your fees and providing regular (optional) updates to build credibility.
  • If you wish to use external platforms to promote your strategy, you can set up a Search Handle in your profile and encourage your social media followers or social group members to use the search bar in Deriv Nakala to find your strategy. 

Manage your account:

  • Use Nakala’s dashboard to view follower numbers, subscription revenue, trade analytics and performance history.
  • You can pause, stop, or adjust your strategy and fees at any time.
  • Use built-in risk management tools to protect both yourself and your followers.

Becoming a strategy provider on Deriv Nakala is an excellent way to amplify your trading journey—enabling you to potentially earn additional income, demonstrate your expertise, and make a positive impact on the trading community. By sharing your strategies, you’re not just growing your own profile; you’re also helping other traders learn and succeed. If you’re ready to leverage your skills and build your reputation on a leading copy trading platform, there’s no better time to get started with Deriv Nakala.

Quiz

What is the maximum performance fee you can set for your followers on Nakala?

?
25%
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50%
?
100%
?

FAQs

Do I have to be a full-time trader to offer my strategies on Nakala?

No, as long as you have a live and active Deriv MT5 Standard account and a good trading history, you can apply—regardless of whether you trade part-time or full-time.

Can I adjust my fees after setting them?

Yes. Simply update your fee settings in the app. Changes take effect only for new followers who subscribe after your update.

How are followers charged for copying my strategy?

Your selected fees (performance and/or subscription) are deducted directly from each follower’s account by the system, so you don’t need to manage payments manually.

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