Deriv MT5 (MetaTrader 5)
- 38 technical indicators
- Unlimited charts in 21 timeframes
- Automated trading via Expert Advisors (EAs)
- Market depth (Level II pricing)
"The undisputed king of retail forex trading. If you want to use custom indicators or run trading bots, you must use MT5."
Access Deriv →DTrader
- No download required (runs in browser)
- Clean, jargon-free interface
- Built-in multipliers to limit risk
- Instant up/down visual execution
"Perfect for executing quick trades without being overwhelmed by technical data. Highly recommended for your first 3 months of trading."
Access DTrader →Deriv cTrader
- Ultra-modern UI
- Advanced order types with one-click trading
- Integrated economic calendar
- Highly customizable workspaces
"A rapidly growing favorite among scalpers due to its millisecond execution speeds and modern, customizable interface."
Access Deriv →Why MetaTrader 5 (MT5) Dominates
For over a decade, MetaQuotes (the company behind MT4/MT5) has monopolized the retail forex trading space. And for good reason. MetaTrader 5 is an incredibly lightweight, fast, and robust ecosystem.
The true power of MT5 lies in its incredible community. There is an entire marketplace of tens of thousands of custom indicators and Expert Advisors (EAs). If you want to automate a strategy where you buy EUR/USD every time a moving average crosses another, you simply drag and drop the EA onto your chart in MT5.
If you find MT5's Expert Advisors too complex to code (since they require learning MQL5), Deriv offers an exclusive visual programming platform called DBot. You can snap puzzle pieces together to build a trading robot in 5 minutes with zero coding experience. It is a game-changer for retail traders.
Web Trading vs Desktop Software
Downloading desktop software provides the absolute lowest latency and best charting performance because it utilizes your computer's local RAM and CPU. However, if you are at work or using a borrowed computer, web-based platforms like DTrader are invaluable.
DTrader runs entirely inside your Google Chrome or Safari browser. You can log in securely from anywhere in the world and manage your open forex positions instantly without waiting for a 500MB software download. By opening one account with Deriv, you receive universal access to MT5, DTrader, cTrader, and DBot simultaneously.
❓ Frequently Asked Questions
What is the best forex platform for beginners?
DTrader is widely considered the best platform for absolute beginners because it removes the complex clutter of professional software and focuses purely on basic price action and simple execution.
Can I use MetaTrader 5 on my phone?
Yes, MetaTrader 5 (MT5) has a highly rated mobile app for both iOS and Android. It syncs exactly with your desktop account, allowing you to manage trades on the go.
Do I have to pay to use MT5?
No. Access to MetaTrader 5 is completely free when you open a broker account with Deriv. Deriv pays the licensing fee for you.