DESCRIPTION: Deriv MT5 (DMT5) gives you access to multiple asset classes such as forex, stocks, stock indices, commodities, cryptocurrencies, and synthetic indices on a single platform. With exclusive access to innovative trade types, Deriv brings the MT5 experience to a superior level for both new and experienced traders.
At Deriv, we have 3 types of DMT5 accounts available; Financial DMT5, Standard DMT5 and MT5 Swap-free accounts. Please note that you can create only one account for each account type.
- Financial DMT5 – you can trade over 170+ assets that consist of forex (standard/micro), stocks, stock indices, commodities, cryptocurrencies, major (standard and micro-lots), and minor currency pairs on high leverage with a maximum leverage up to 1:1000.
- Standard DMT5 – you can trade over 40+ assets that consist of CFDs on our exclusive, proprietary synthetic indices, basket indices, and derived FX, 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 and forex (standard/micro), stock indices, commodities, Stoks, and ETF
- Swap-free- you can trade CFDs on MT5 with synthetics, forex, stocks, stock indices, cryptocurrencies, ETFs, and synthetic indices
POSSIBLE REASON: when the time comes when you want to add a DMT5 account to your Deriv account, you might want to compare the different account types to create the right account that will suit your needs.
RESOLUTION STEPS:
To compare the different account types and create the account:
- Log into your account and go to Trader's Hub
- Go to the CFDs section
- Click on the Type of account you want to create or click on "Get more" and then the type of account
- Compare the different accounts based on the type of account (Financial, Standard or Swap Free account) that you wish to create
- Once you are ready to create the MT5 account, click on Get.
For further check refer to: https://community.deriv.com/t/deriv-mt5-account-types-derived-financial-and-swap-free/32084