How to Set Up a Deriv Account for EA Trading — Step-by-Step Guide 2026
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If you want to run an Expert Advisor on supported Deriv Synthetic Indices, the first step is making sure you have a Deriv account and an MT5 account type that gives you access to the intended synthetic market.
Deriv's account screens, verification requirements, payment methods and product availability can change by jurisdiction and account status, so use the current Deriv dashboard as the source of truth while following this setup flow.
1. Create or sign in to your Deriv account
Use Deriv's official site or app and complete the account setup requested for your region. Do not share your account password or one-time authentication codes with an EA seller or support provider.
2. Complete any required account verification
Deriv may request identity or address verification depending on the services you use and your account status. Follow the instructions shown inside your own account rather than relying on a fixed document list or promised approval time from a third party.
3. Create the appropriate MT5 account
From the Deriv account area, locate the MetaTrader 5 options available to you and select an account that supports the synthetic indices you intend to trade. Save the MT5 login and server details securely.
4. Install MetaTrader 5 desktop
Install MT5 on a Windows computer or compatible VPS and sign in with the correct Deriv MT5 credentials. Confirm that the intended synthetic symbol appears in Market Watch before installing an EA.
Mobile note: the standard MT5 mobile app can monitor the connected account, but an EX5 Expert Advisor runs in the desktop MT5 terminal. Keep that terminal active on Windows or a compatible VPS for automated operation.
5. Confirm the exact symbol before loading an EA
Different synthetic indices have different price behaviour and specifications. Do not attach an EA to a symbol simply because its name looks similar. Use the product's documented market focus and supplied settings.
6. Install and demo-test the EA
- Install the EX5 file in the MT5 Experts folder.
- Open the intended chart.
- Attach the EA and load the supplied settings where applicable.
- Review lot size and every risk input.
- Enable algorithmic trading only after confirming the configuration.
- Test on a demo account before considering live funds.
PMotive Deriv specialist: VigoRL V75
VigoRL V75 EA — Deriv Synthetic Indices MT5 Robot
Current price: R1,959.99 ZAR
VigoRL is positioned specifically for supported Deriv Synthetic Indices on MetaTrader 5 rather than Gold, Forex or US30.
Common setup checks
- Can't see the symbol: confirm you are logged into the intended Deriv MT5 account and that the market is available to that account.
- EA loads but does not trade: verify algorithmic trading permissions, symbol compatibility and the supplied settings.
- Orders are rejected: review volume limits, symbol specifications and account conditions.
- EA stops when the computer closes: use a compatible Windows VPS or keep the desktop terminal running.
If you are still deciding between Deriv, Gold and US30 automation, use the PMotive MT5 EA comparison before checkout.
Deriv Synthetic Indices and automated trading involve financial risk. Product and account availability can vary, and an EA cannot guarantee profitable results.
Related PMotive videos
Prefer to see the setup or workflow demonstrated? These dedicated watch pages keep the video as the primary content:
After your Deriv MT5 setup
Once your supported Deriv MT5 environment is ready, compare VigoRL V75 EA and watch the VigoRL installation and VPS guide.
PMotive topic authority
This article belongs to the Deriv Synthetic Indices Hub. Use that page for the current PMotive market overview and the clearest route to the relevant product or service.