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, Derived, and Swap-free.
You may click here to choose and compare the Jurisdiction among all accounts as shown below.
You may find more information by selecting the corresponding account accordingly.
Derived Mt5 accounts
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When you click on the Get button for Derived, you will get the jurisdiction model where you can choose between SVG, BVI, and Vanuatu
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For regulated accounts BVI, and Vanuatu you will need to confirm the terms and conditions checkbox before clicking on Next
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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 Derived 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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If you want to create another derived account, you can create one using the ‘Get More’ button, this will take you to the page where you can choose the Account type(Derived, financial, Swapfree)
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Upon selecting the account type you will be redirected to the jurisdiction modal, from there you can add more accounts
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Any newly created 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
The following articles provide more information on how to create an MT5 Financial account and MT5 Swap Free account
Note: With the MT5 Derived 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 and are audited for fairness by an independent third party.
We hope you find this information helpful and have a great day ahead!
If you have any questions, please visit our Help Centre or contact us via Live Chat and WhatsApp.