Before risking a single dollar, I always start by testing new setups and pairs on a Deriv demo account β especially for Volatility 75, Boom 1000, and newer synthetic indices.
The truth is, many traders rush into live accounts and blow them in days. Demo gives you a safe environment to test how MT5 works, how indices move, and how lot sizes impact your equity.
I even use the demo account to test my bot strategies in a risk free environment.
Hereβs exactly how to open a Deriv demo account and log into it on MT5.
βοΈ Deriv Broker Overview (2025)
Feature | Details |
---|---|
π Broker Name | Deriv (formerly Binary.com) |
π Official Website | www.deriv.com |
π’ Head Office | Malaysia (Global), with registration in BVI, Vanuatu, Labuan |
π Founded | 1999 |
π‘ Regulated By | MFSA, LFSA, VFSC, BVIFSC |
π° Minimum Deposit | $5 |
π§ͺ Demo Account | β Yes β free with no verification needed |
π Leverage | Up to 1:1,000 (varies by account type) |
π³ Deposit Methods | Bank cards, Skrill, Neteller, WebMoney, Crypto, Payment Agents, DP2P |
πΈ Withdrawal Options | Same as deposits β including local agents for fast cash-outs |
π² Platforms | DTrader, DMT5, Deriv X, Deriv Go, Deriv EZ, cTrader, DBot |
π± Devices Supported | Web, Windows, Mac, Android, iOS |
π Islamic (Swap-Free) Account | β Yes |
π Copy Trading | β Yes (via Deriv cTrader Copy) |
πΉ Tradable Assets | Forex, Synthetic Indices, Stock Indices, Commodities |
π Support Languages | 11+ languages |
π Support Hours | 24/7 live chat |
π Want to Open a Real or Demo Account?
ππ½ Click here to create your free Deriv account

π§ͺ How to Open a Basic Deriv Demo Account (No MT5)
- Go to Deriv.com and click βCreate Demo Accountβ
- Sign up using your email or Google/Apple
- Confirm your email address
- Choose your country and set a password
- Done β youβre in with $10,000 virtual funds to test multipliers, binary options, and DTrader
This account doesnβt work on MT5 or for trading V75 β for that, follow the MT5 setup below.
π» How to Create a Deriv MT5 Demo Account (Synthetic Trading)
- Log into your Deriv dashboard
- Go to Traderβs Hub β DMT5 section
- Click Add Demo Account under βCFDβ (Synthetic Indices)
- Set your MT5 demo password
- Your login ID and server details will appear β note them down
- Transfer virtual funds via the Cashier β Transfer section
- Download MT5 from Deriv and log in using:
- Broker: Deriv Limited
- Server: Deriv-Demo
- Login ID + your password
- Done β youβre ready to practise V75, Boom, Crash and more
ππ½ Pros of Using the Deriv Demo Account
- It feels just like the real thing β same charts, same assets, same price movement
- Signup is fast and free β no documents, no delays
- Perfect way to practise trading without losing real money
- Switching to live is easy β same dashboard, same login
- You can use it for as long as you need β no expiry
- You can even test copy trading strategies through Deriv cTrader

ππ½ What the Deriv Demo Doesnβt Prepare You For
- Thereβs no emotion β itβs easy to risk $5,000 in demo when itβs not your real money
- The account balance is usually way more than what youβll deposit for real β so you donβt get to feel the pressure of managing small accounts
- And of course β you canβt withdraw demo profits (no matter how good that $3,000 win looks)
Tip: Use demo to master your system β but donβt skip the mindset work before going live.

You can open a Deriv demo account for the different account types offered by Deriv. Read a review of the Deriv account types here.
β οΈ Common Problems (And Fixes) With The Deriv Demo Account
Problem | Fix |
---|---|
Canβt log in to MT5 | Double-check the login ID, server (Deriv-Demo), and password |
Demo account not showing | Make sure it was created in Traderβs Hub and activated |
Wrong password error | Reset password in Deriv > Traderβs Hub > Demo settings |
Server not found | Search for Deriv-Demo exactly in MT5 |
Always copy-paste login credentials from your dashboard β donβt type them manually.
π‘ Tips for Getting the Most Out of Your MT5 Demo Account
- Act like itβs real money. Donβt take reckless trades just because itβs virtual β use proper risk management from day one.
- Test different strategies. This is the perfect space to experiment with indicators, setups, and timeframes β without losing a cent.
- Get comfortable with the platform. Learn how to open/close trades, set stop loss, adjust lot sizes, and use tools like trendlines or RSI.
- Review your trades like a pro. Look back at wins and losses, journal what worked and what didnβt, and track your progress.
- Donβt rush to go live. Only switch when youβve built confidence and can repeat results β not just because the demo feels easy.
What you practise in demo is what youβll repeat in live β build good habits early.

π Related Guides
Frequently Asked Questions On The Deriv Demo Account
Login to your Deriv account and click on the dropdown menu beside the $ 10,000 virtual money balance. Then click on ‘Demo’ and navigate to the option to add a demo synthetic indices account.
You can use your Deriv demo account for as long as you want. There is no time limit.
Yes, you can upgrade your Deriv demo account to a live account at any time. To do this, simply click on the “Upgrade to Live Account” button in your Deriv MT5 platform.
Yes, Deriv has a demo account and you can open one by clicking here and entering your email address.

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