Deriv Broker is a well-established online trading platform renowned for its extensive range of financial instruments, including forex, commodities, cryptocurrencies, and synthetic indices. With over two decades of experience, Deriv is celebrated for its innovative services and proprietary trading platforms such as Deriv X and Deriv Go.
The broker’s user-friendly interfaces, coupled with a diverse array of trading options, underscore its commitment to reliability and cutting-edge technology in the forex market.
Deriv At A Glance
🔍 Broker's Name | Deriv Formely (Binary.com) |
🌐 Website | www.deriv.com |
📅 Year Founded | 1999 |
⚖ Regulating Authorities | MFSA, LFSA, VFSC and BVIFSC |
💳Minimum deposit | $5 |
🎮 Demo Account | ✅ Yes |
🏢 Institutional Accounts | ✅ Yes |
🔁 Copytrading | ✅Yes |
☪ Islamic Accounts (Swap-free) | ✅ Yes |
🏋️♂️ Maximum Leverage | 1:1 000. |
💳 Deposit & Withdrawal Options | Bank wire transfer, Visa and Mastercard. E-wallets like Skrill, Neteller, PaySafe, Fasapay, WebMoney. Cryptocurrencies like Bitcoin, Ethereum, Litecoin and Tether. Payment agents, Dp2p (over 60 payment methods accepted) |
📱 Platform Types | DMT5, DTrader, DBot, Deriv X, Deriv Go, Deriv cTrader, Deriv EZ |
💻 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad. |
📈 Tradable assets offered | Forex, stocks, synthetic indices, commodities, crypto and ETF's |
🗣 Customer Support Languages | 20 different languages |
🗣 Customer Service Hours | 24/7 |
🚀Open an account | 👉 Click Here |
How To Create A Deriv Real Account Step-By-Step
Opening a Deriv real account is very easy. Here's a step-by-step guide to opening a Deriv real account mt5.
- Visit Deriv website
- Enter your details
- Verify your email
- Log in and access your dashboard to create other Deriv account types.
Let's look at those steps in more detail.
Step 1. Visit Deriv Sign-Up Page
This is the first step in the Deriv real account registration process. Click any of the buttons below for the Deriv signup.
In this step, we will create a general Deriv account to trade accumulators, binary options, and multipliers.
Step 2. Enter Your Details
Enter your email, agree to the terms and conditions and click where it says ‘Create Demo Account‘.
You can also sign up using Facebook, Google account, or an Apple ID account. Scroll down and click on the button of the service you want to sign up with.
Enter your email, agree to the terms and conditions, and click ‘Create Demo Account.'
Step 3. Verify Your Email
Confirm your email by opening it and clicking the link sent by Deriv.
Complete the signing up by entering your preferred password and country of residence. Next, click on ‘Start trading'.
Step 4. Login and access your dashboard
Log in using the credentials you chose during the Deriv account sign up process. You will then access your Deriv account dashboard with the Deriv Trader's Hub.
The Deriv Traders Hub is a comprehensive platform designed for traders to manage their accounts, access various trading platforms, monitor their trading activity, and utilize an array of trading tools and educational resources.
It enables you to open, fund, and oversee multiple accounts, switch seamlessly between different trading platforms such as DTrader, DBot, and DMT5, and analyze their performance with detailed reports.
The hub also offers educational materials like tutorials and webinars to enhance trading skills, providing a centralized, user-friendly experience for both novice and experienced traders.
Deriv Account Types
Deriv Offers three main account types and these are:
- Deriv Standard Account (formerly synthetic indices account)
- Financial account
- Swap-Free account
Below is a short description of each account type.
Deriv Standard Account:
The Standard account on Deriv is suitable for all types of traders, offering access to a wide range of assets, including forex, commodities, cryptocurrencies, and synthetic indices. This account type is known for its low spreads and flexible leverage options.
Deriv Financial Account:
This account type allows traders to engage in a wide range of financial instruments, including forex, commodities, synthetic indices, and cryptocurrencies. It operates under standard trading conditions with variable spreads and other typical market conditions.
Deriv Swap Free Account:
Also known as an Islamic account, this option is designed for traders who adhere to Sharia principles, which prohibit earning or paying interest. The Deriv Swap Free account eliminates overnight swaps (interest) on positions held overnight, making it compliant with Islamic finance principles.
In addition, Deriv also offers the cTrader account and the Deriv X account. All these Deriv account types have demo accounts that you can practice with virtual money.
Deriv Real Account Registration mt5
By default, you will first create a Deriv demo account with virtual funds of $ 10,000 when you sign up.
This demo account is meant to help you get used to the platform and try out strategies etc. The account will not allow you to trade on mt5.
To trade real money on mt5 you will need to do Deriv Real account registration.
Follow the steps below to create a Deriv real account on mt5.
Begin by logging into your Deriv dashboard.
Click on the (1) ”Trader's Hub option” on the top left of your dashboard. Then click (2) ‘Real‘ > (3) ‘CFD's‘.
You can then choose the real Deriv account type you want to create from the options. Click ‘Get‘ and choose a jurisdiction for your Deriv mt5 Standard account.
Afterward, you will be prompted to set a password specifically for your real Deriv MT5 synthetic indices account. This password is exclusively for logging into your trading account on Deriv MT5 and is separate from your main Deriv account password.
After creating your account you will be prompted to transfer funds from your main Deriv account to your DMT5 synthetic indices account. You can also create Deriv demo account mt5 here.
After completing Deriv real account registration mt5 you will now see the Deriv synthetic account listed with your login ID.
You will also get an email with your login ID that you will use to log in to the Deriv synthetic account.
Deriv MT5 Download
The next step as you create Deriv real account is to download the Deriv MT5 (dmt5) platform.
To do this you must click on the Deriv mt5 account listed on the Traders Hub.
You will then be taken to a page with links to the Deriv Metatrader 5 application for various systems like Android, Windows, iOS etc at the bottom of the page.
Download the one you want to use. Click here to do Deriv mt5 download.
Log in to Your Deriv MT5 Synthetic Indices Account
After downloading and installing your Deriv MT5 you can then log in to your trading account. Click on Settings> Log in to new account.
You will need to enter the following details to add a Deriv real account on mt5.
Broker: Deriv Limited
Server: Deriv-Server
Login: Enter the account ID for your Deriv Synthetic indices account.
If you are not sure where to find this look at the last part of step 3 above. Make sure you type these correctly during the Deriv mt5 login process because if you make mistakes you will not be able to connect to your dmt5 account.
By now you have successfully created your main Deriv account and your Deriv synthetic indices account. Your Deriv mt5 synthetic indices account will allow you to trade Boom & Crash, Volatility indices, Step index and the jump index.
You can trade and withdraw up to US$ 10,000 without verifying your Deriv real account. However, you will need to verify your Deriv account if you want to withdraw more than that or if you want to use Deriv peer-to-peer (DP2P).
Get instructions on how to verify your Deriv synthetic indices account here.
How To Trade Synthetic Indices On mt5
Follow these steps to trade synthetic indices on mt5;
- Login to your Deriv MT5 account
- Add the synthetic index you want to trade on mt5
- Choose your trade direction (buy or sell).
How To Transfer Funds From Main Deriv Account To Deriv Synthetic Indices Account
Your funds will reflect in your main real Deriv account by default when you make a deposit either using payment agents, Dp2P or other payment methods available.
You will have to transfer the funds to your synthetic indices account before you can trade. Follow the steps below to transfer funds between your Deriv accounts.
- Log in to your Deriv account and click on Cashier>Transfer
- Choose the account you want to transfer from on the field marked ‘from'. Your main Deriv account will show the currency and your CR number. It will also show the balance you have.
- Choose the DMT5 account you want to transfer the funds to in the field marked ‘to'. You will see the DMT5 account ID in the same field.
- Enter the amount you want to transfer in the field marked ‘amount'. Click on ‘transfer'.
- The funds will then be transferred from your main Deriv account to your Deriv synthetic indices account.
- If you want to withdraw from your synthetic indices account you simply follow the steps above. Make sure that you choose your synthetic account in the ‘from‘ field.
Frequently Asked Questions On The Deriv Synthetic Indices Account
How can I reset my Deriv MT5 account password?
Log into your main Deriv account, click the dropdown arrow, and click on the synthetic indices account on the dropdown menu.
A box will appear with the details about your synthetic indices account. Click on the pencil icon to reset your DMT5 password and save it.
You can now use your new password to log in to Deriv MT5.
No, you don't need to verify your Deriv account to trade synthetic indices. You can trade and withdraw up to US$10 000 before verifying your account. Deriv will send you an email with a verification request when necessary.
There are various ways of funding your Derv synthetic indices account including e-wallets, cryptocurrency and even local payment methods like mobile money using DP2P and payment agents.
The minimum amount of funds you can move from your main Deriv account to your Deriv synthetic indices account is $1 only. However, you may not be able to trade some of the synthetic indices using such an amount due to margin requirements.
Deriv MT5 credentials are only used to log in to your Deriv synthetic indices account. The Deriv com log-in details are used to log in to your main Deriv account which gives you access to different account types offered by Deriv which also includes DMT5.
The DMT5 platform is hosted on a different server from the main Deriv account. The login details are also different as a way of enhancing security. Contact support if you have any challenges.
You cannot trade Deriv's synthetic indices on mt4. This is because the Deriv synthetic indices account only connects to the more advanced mt5 servers. You will not find the required servers on mt4 to connect your account.
Deriv.com is the only broker that has synthetic indices trading. It’s also the only broker that has volatility indices trading. You can learn more about Deriv in this in-depth review.
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