Metatrader is probably the most popular trading platform among the brokers today. Deriv allows you to trade on both Metatrader versions MT4 and MT5 depending on your preference.
How to use Deriv on MT5?
To download MT5 on Windows, you would have to visit the mql5.com official website or to download it directly at derive.com, download it through their dedicated page. Once the installation file has been downloaded to your system, it is now time to install it.
Installation:
- Run the MT5 installation file from your browser or open the download directory and double-click it from there.
- Pick the installation directory from Settings or click Next if you prefer to leave it as it is. You will be redirected to the End User License Agreement, which you would have to accept.
- The installation should complete without any issues. Once that is done, click Finish and MT5 will open automatically.
Sign up/sign in
To log-in for the very first time, choose the option to Open an account or click Cancel and you will be able to log-in using the provided details from Deriv.
Logging in MT5 on Windows
There are a few steps required to set up your account on MT5 and configure the basic settings in order to trade. Before anything else, you would have to login. Deriv clients will receive a welcoming email once they open an account and from there, they will get their credentials.
Get starting
After installing and opening MT5, click on File and navigate to Login to Trade Account
Input your account details, including the username, password and pick the allocated server.
Once done, you will have access to MT5 with your trading account and you will know by the chime that will confirm the process was successful.
To switch between trading accounts, you can access the same File field and pick Login to Trade Account before entering the other trading account’s details. Once you have done that the first time, you will have the option to switch between accounts without logging in via the same path.
How to use Deriv on Mobile and PC
You can trade with Deriv from your mobile or PC. The platform is available for Windows, Mac and Android.
Installation for Android
- To download the Android version go to the Play Store.
- Search for Metatrader 5
- Download the app
- Wait for the app to be installed
- Open new account or log in to an existing one
- After your Metatrader 5 for Android has been installed successfully onto your device you can open a new account or login with your existing account
- Type "Deriv" into the server search bar and, after the servers are found, select live or demo server.
Sign up/sign in
Enter your MT5 login and password to login to your account. There is an option to save password for easy access every time you want access to your MT5 account.
Get starting
Enjoy your Metatrader 5
If you are doing everything right, you will be logged into your account. From here you can enjoy the Metatrader 5 trading app on your Android Mobile or Tablet!
Installation for iOS
- Go to the App Store
- Click on your App Store icon to enter the App Store
- Search for Metatrader 5
- Download the app
- After installation, run the app. You will be asked to login with your existing account or open a new account.
- Type "Deriv" into the server search bar and, after the servers are found, select live or demo server.
Sign up/sign in
Login to your account
Get starting
If you are doing everything right, you will be logged into your account. From here you can enjoy the Metatrader 5 trading app on your iPhone or iPad!
FAQ
Can I trade Deriv on mt4?
Yes you can trade with Deriv on either MT4 or MT5
How do I start trading in Deriv?
Download Deriv MT5 to your Desktop, gadget or mobile phone. Create your personal traders account. Practice on a Deriv demo account then make funds deposit and start trading for real money making real profits available for withdrawal.