Lesson
4
Volatility Indices | Beginner

Setting Up Your Deriv Account

Before you can start trading Volatility Indices, you'll need to set up a Deriv account — a quick and straightforward process. Learn how to do that in this lesson.

Duration
7
minutes

Before you can start trading Volatility Indices, you'll need to set up a Deriv account — a quick and straightforward process. Deriv offers both demo and real accounts, so you can choose to practise your strategies risk-free or trade with actual funds from the start. A demo account is a great way to get comfortable with the platform before committing any money, while a real account gives you access to live market opportunities.

Getting Started with Trader's Hub

One of the strengths of the Deriv experience is the Trader's Hub — a straightforward dashboard where you manage your accounts in one place. Once your account is set up, switching between demo and real accounts takes seconds, using the dropdown next to the Trader's Hub tab. That makes it easy to practise in a risk-free environment for as long as you like before moving into live trading.

With your account active, you'll have access to Deriv MT5, the platform used to trade Volatility Indices as CFDs in the UAE. MT5 brings together advanced charting, a full range of technical indicators, and support for automated strategies, all under a single login.

Conclusion

Setting up a Deriv account is a simple process, whether you're a beginner easing in through a demo account or an experienced trader ready to move into live markets. With Deriv MT5 as your platform, you'll have the tools you need to start trading Volatility Indices with confidence.

Quiz

What's the first step to opening a demo account with Deriv in the UAE?

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Click "Get" next to Deriv MT5
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Visit the Deriv UAE website and start the sign-up process
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Verify your email address
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What documents are accepted for identity verification when opening a real account in the UAE?

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Social security card, birth certificate
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Utility bill, bank statement
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A valid passport, UAE-issued ID (such as a driving licence or residence visa), or a GCC national ID
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How can you switch between your demo and real accounts on Deriv?

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By logging out and logging back in
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Using the toggle switch above your account type
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By creating a new account for each type
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Lesson
4
of
10