Hello Deriv Community,
If you are wondering what type of Deriv MT5 accounts are available in Deriv to trade on, this is the right topic for you!
Deriv MT5 gives you access to multiple asset classes such as forex, stocks, stock indices, commodities, cryptocurrencies, and synthetic indices on a single platform.
You may also check our Trading Specification Table for more details.
At Deriv, we offer 3 types of Deriv MT5 accounts available; Financial, Standard, and Swap-free.
You may click here to choose and compare all accounts as shown below.
You may find more information by selecting the corresponding account accordingly.
Standard Deriv MT5 accounts
- When you click on the Get button for the Standard trading account, you will get the jurisdiction model where you can choose between SVG, BVI, and Vanuatu
- For regulated accounts BVI, and Vanuatu you will need to confirm the terms and conditions checkbox before clicking on Next
Note: For regulated accounts, you will need to authenticate your Deriv account first. For more information on account verification, please refer to this article or visit our Help Centre
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Upon clicking on next you will get the “Enter your Deriv MT5 password” model, give the password, and click on ‘Add Account’
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On successful creation of a Standard SVG account, you will get a success popup. You will also get an option to transfer funds to this account when you click on it. Then you will be redirected to the cashier → Transfer page, on clicking ‘maybe later’ you will see the newly created account in Trader’s hub
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Any newly created Deriv MT5 account will be “Trading disabled” by default and this lock will only be removed from this account upon the 1st successful deposit into this MT5 account
*Please note that you would only be able to create 1 Standard MT5 account.
The following articles provide more information on how to create an MT5 Financial account and MT5 Swap Free account
Note: With the MT5 Standard account you can trade over 20+ assets that consist of CFDs on our exclusive, proprietary synthetic indices 24/7 which simulate real-world market movements with a maximum leverage of up to 1:1000.
To learn more about Deriv MT5, visit our help centre at Deriv MT5 | Help Centre and FAQs | Deriv. We hope you find this information helpful.
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