Course › Level 4: Your first trade

Open your free demo account

Time to get hands-on, with virtual money, so mistakes cost nothing while you learn. Setup takes about 10 minutes:

1. Create the Deriv account, email, verify, done. No deposit needed for a demo.
2. In the Deriv hub, choose Trader's Hub → CFDs → MT5 Standard → Demo. Deriv creates your demo MT5 login with $10,000 virtual.
3. Download MetaTrader 5 (phone or PC) and log in with the details Deriv shows you (server, login, password).
4. In MT5's Market Watch, find Volatility 75 Index and open its chart.

Full walkthrough with every screen: our Deriv + MT5 setup guide, or watch the video version on our YouTube channel.

Prefer to open the account somewhere else? The steps above are the same idea at any broker, only the screens differ. See our broker comparison first, then come back and carry on.

Disclosure: signup links on this site are affiliate links: Deriv pays us a commission if you eventually trade with real money. Costs you nothing, keeps this course free.

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