Course › Level 1 — The tools of the trade

MetaTrader 5 — your cockpit

MetaTrader 5 (MT5) is the app where the actual trading happens — charts, buy/sell buttons, your open positions. Deriv plugs into it. It's free on Windows, Android and iPhone.

The four parts you'll actually use

• Market Watch — the list of instruments (Volatility 75, Boom 500, EUR/USD…)
• The chart — price history of whatever you clicked
• Order window — where you set lot size, stop loss and take profit, then buy or sell
• Toolbox / Trade tab — your open trades and history

Set it up now (10 minutes): create the Deriv demo account, then in the Deriv dashboard add a demo MT5 account, download MT5, and log in with the details Deriv shows you. Our step-by-step guide with every screen: Deriv + MT5 setup guide.

Mark lesson complete