How to move your capital instantly between your wallet and your MT5 trading account in Deriv
Please note: THE MINIMUM RECOMMENDED TRADING CAPITAL IS USD $70, AND THE MINIMUM AMOUNT OF CAPITAL THAT SHOULD BE IN YOUR MT5 TRADING ACCOUNT IS USD $15 AT ANY GIVEN TIME.
- Your Deriv ‘wallet’ is where your deposited capital is held by the broker. In order for us to trade for you, you will need to move some of that capital to your MT5 Standard account. TAZR FX will not be able to see the bulk of your capital on our end, we can only see the amount moved over to your MT5 trading account.
- When filling out the Client Onboarding form, we will ask you what your overall capital is and your decided risk per day amount.
- We recommend keeping your daily risk amount consistent. Risking less the next day after a losing day may cause loss recovery on your overall capital take longer than intended. For example, if your risk is $25/day, we recommend risking the same amount every day for as long as your subscription is active for the best loss recovery results. However, if you feel more comfortable risking less, feel free to move the amount you are most comfortable with to your MT5 account.
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Click here to learn how to deposit your trading capital: How to deposit your capital to your Deriv Wallet
Click here to learn how we will manage risk on your account: Knowledge Base - TAZR FX Copytrading Service
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✅ Okay! Now that we understand what we should be moving to our MT5 trading account, here’s how to do it:
- On the Trader’s Hub page on Deriv, ensure that Real is selected, and not Demo. There are buttons at the bottom, select CFDs.
- You will see a list of your MT5 Accounts there. If not, you may need to create one:
How to access your MT5 account in Deriv
- If you haven’t deposited yet, tap on Add money to deposit first. Once you’ve deposited using your chosen method and your money is in the wallet, proceed to Step 4.