Aside from trading synthetic indices within Deriv’s Dtrader or with the MT5 app, synthetic indices pairs can also be traded on the MT5 Web Terminal. All you need to do is create a synthetic indices DMT5 account and connect it to the MT5 web terminal, and you will be able to trade synthetic indices pairs from there.
In this post, I will show you how to trade synthetic indices on the MT5 Web Terminal.
Let’s get into it.
How to Trade Synthetic Indices on the MT5 Web Terminal
The process to trade synthetic indices on the MT5 Web Terminal is very simple; you just need to create a Synthetic Indices DMT5 account and connect it to the DMT5 web terminal.
Here are the steps to do this:
Step 1: Create a Deriv Dmt5 account.
The first thing is for you to create a DMT5 account. A DMT5 account is a trading account that you can create within trader’s hub. It’s this account that you can connect to MT5 so that you can find Deriv’s pairs.
To begin, Sign into your Deriv account and navigate to the trader’s hub.
If you are trying to trade a real account on MT5, you need to switch from demo to real.
If you are trying to trade demo, then proceed to select “CFDS.”
Then click on the Get button.
You will be asked to create a password for your DMT5 account. Then enter a password that you will remember; you will need it to connect your account to the MT5 web terminal.
Step 2: Connect your account to the MT5 Web Terminal.
After creating a Dmt5 account, you will see the option to either top up your demo account or open one.
Select the open button to expand the details you need to connect your account to the MT5 Web Terminal.
Note down the login details and select “open Metatrader 5 Web Terminal” to be taken to the MT5 web terminal.
In the MT5 web terminal, you need to connect your account using the login details you copied above. Enter it appropriately, and then click on Connect.
You will be taken to the MT5 Web Terminal, where you can trade synthetic index pairs.
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I am a financial trading analyst and also a content creator. I created this blog website to provide you with step-by-step tutorials on how to make money trading synthetic indices on Deriv. Consider using the site’s search bar to search for any guides on how to use Deriv’s platform.
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