The Deriv MT5 Trading App
Deriv MT5 trading app gives users access to multiple asset classes such as forex, stocks & indices, cryptocurrencies, commodities and derivatives on one single platform.
The broker also provides a suite of features to help you trade successfully, such as risk management and market research tools. Plus, you can test out your strategies on a demo account before investing real money.
MT5
MT5 is one of the world's most popular trading platforms, and Deriv has created a solution that lets you trade forex, stocks & indices, cryptocurrencies, commodities, and derived on one single platform - providing an immersive trading experience even when on-the-go. With Deriv's platform, traders can access all major asset classes - forex, stocks & indices, cryptocurrencies, commodities & derived - on one convenient platform!
This platform is accessible as a desktop download, web-based terminal or mobile app. It includes numerous features like trading charts, Expert Advisors (EAs) and indicators. Plus, you can use a demo account to test out your strategy before trading with actual money.
If you're new to forex trading, consider downloading a demo account first to practice your strategies without risking any money. This will give you an understanding of the interface and enable informed decisions regarding future trading plans.
Deriv's MT5 platform provides clients with a selection of trading tools, including forex and CFD trading with leverage up to 1:1000. Furthermore, it provides access to various financial instruments such as cryptocurrencies and synthetic indices.
The platform also has a margin calculator and trading dashboard that allow you to assess the risks involved in each trade. It displays metrics such as risk/reward ratio, maximum drawdown, win rate, and % return in an easy-to-understand fashion.
In addition to the MT5 platform, Deriv provides several other trading terminals with distinct interfaces and functionalities. These include DTrader, DMT5, DBot, Deriv X, and SmartTrader.
CFDs
CFDs (contract for difference) are one of the most popular ways to trade forex. Through CFDs, you can trade stocks and indices as well as currencies and commodities without owning the underlying asset. But before investing any real funds into CFD trading, it's essential that you comprehend how CFD trading functions.
MT5 provides CFDs on a wide variety of assets, such as forex, stocks & indices, cryptocurrencies and commodities. Plus it boasts an array of innovative trade types plus you can practice trading with their free demo account.
Deriv MT5 is the perfect platform for both novice and experienced investors who wish to trade forex, stocks & indices, and cryptocurrencies on one integrated platform. It provides generous leverage, competitive spreads, and 24/7 accessibility.
Deriv MT5 trading app is available for both iOS and Android devices. To download, open either the Play Store on an Android device or App Store on an iPhone and search for Deriv MT5.
It's worth noting that you can use this app on either desktop PC or laptop, but to get it connected to the server you must perform a one-time action upon logging in for the first time.
Deriv MT5 offers CFDs on a variety of cryptocurrencies, such as Bitcoin, Ethereum, Litecoin and Ripple. Leverage levels up to 1:100 are available with competitive spreads. Furthermore, traders can deposit and withdraw funds using cryptocurrency - an invaluable benefit.
Forex
Deriv MT5 provides Forex traders with the chance to trade currency pairs, synthetic indices and cryptocurrencies. Furthermore, the broker provides trading signals and other tools designed to help investors maximize their investments.
This platform is accessible in both a web-based version and an Android/iOS mobile app. Thanks to its user-friendly interface and comprehensive selection of tools, it has become a go-to choice among Forex traders.
Clients can fund their accounts using a range of payment methods, including credit/debit cards, bank transfers and e-wallets. All deposits and withdrawals are processed instantly - though third-party charges may apply.
In addition to the industry-standard MT5 platform, Deriv also provides SmartTrader, Deriv X and DTrader terminals. Each of these terminals has a distinct user interface as well as different trading tools and functionality available.
DTrader, for instance, allows clients to customize their trading experience by selecting from a range of tools such as trading signals and the DTrader bot. This helps simplify and enhance efficiency in the process.
Another feature that traders appreciate is the option to set stop losses and take profits. This feature enables you to set a profit level that you feel comfortable with when market prices move in your favor, and it automatically closes your position if that margin reaches that amount.
The Deriv GO mobile app is an ideal way to trade multipliers on Forex, synthetic indices and cryptocurrencies from your smartphone. It features advanced charting, price alerts and real-time quotes. Furthermore, this powerful no-code algo trading platform called DBot lets traders automate their trades without writing code.
Stocks & Indices
Deriv provides traders with the platform to trade stocks and indices simultaneously. The broker's proprietary instruments, referred to as synthetic indices, simulate real-market movements and can be traded 24/7.
Stocks & Indices can be an excellent way to gain exposure to the market while keeping costs low. Trading indices provides access to an entire economy or sector at once, without having to purchase shares in individual companies.
These indices tend to be equal-weighted, which means all stocks in them receive the same percentage value. This makes them attractive to day traders who can speculate on index price movements without purchasing individual stocks.
There are various indices to choose from, such as ASX, NYSE and Nasdaq. Traders can open CFDs on these markets with minimal risk and excellent liquidity.
Deriv's mission is to make trading accessible for everyone, which is evident in its low minimum deposit requirements and excellent working conditions. Furthermore, Deriv offers APIs which enable developers to create apps and websites using its trading app.
Cryptocurrencies
Cryptocurrencies are digital tokens residing on decentralised ledgers, exchanges and blockchains. They have grown increasingly popular over the past few years due to their diverse uses and benefits.
These currencies' values are highly speculative and unpredictable, with prices fluctuating sharply without warning. This could result in the loss of capital since they lack regulation from any financial authority.
To trade cryptocurrency, you need to open a position on the platform of your choice and guess whether the price of an underlying cryptocurrency will rise or fall. If your prediction is correct, then you will receive payment for your profit.
Deriv offers CFDs on the top cryptocurrencies by market cap, such as Bitcoin, Ethereum and Litecoin. It provides leverage of up to 1:100 plus tight spreads on its MT5 and Deriv X platforms.
On Deriv, traders can trade basket indices - where an asset is measured against a basket of other assets - during regular market hours with leverage up to 1:1000. Plus, clients have access to calculators for calculating margins, swaps and pips on both MT5 and Deriv X trading platforms.
Commodities
If you're into commodity trading, Deriv trading app allows for convenient on-the-go trading. This platform has several advantages over other online platforms, such as its user-friendly interface and straightforward functionality.
Features of this software include a customizable chart and over 90 indicators. Furthermore, you can use various drawing tools to make your charts more realistic and easier to interpret.
Deriv offers a demo account to practice your trading skills. Once you feel confident, you can switch to a real account and begin placing trades.
To open a demo account, you'll need to verify your email address and create a password. After doing this, an email verification will be sent directly to your inbox; simply click on the link within it to confirm registration and move onto the next step.
No matter your level of experience or knowledge about trading, Deriv MT5 provides the tools and analysis to enhance your results. The app features several calculators and analytical features that will help manage capital more effectively as well as help analyze trading positions more thoroughly.
The app is accessible on iOS and Android devices, allowing you to manage your trades anytime. Furthermore, it gives you access to your personal account where you can view all transactions, deposits, and withdrawals in one convenient place: the statement section.
The broker provides a variety of deposit methods, such as bank transfers, credit/debit cards and e-wallets. Furthermore, there are no fees associated with financial transactions; however, third-party charges may apply depending on the chosen payment method.