# How to Connect Deriv MT5 to Trader Journal

> Deriv (formerly Binary.com) uses MT5 as its primary MetaTrader platform. Here is how to connect your Deriv MT5 account to Trader Journal for automatic trade sync.

**Tags:** deriv, mt5, broker-setup, automatic-tracking

**URL:** https://traderjournal.app/broker-setup/how-to-connect-deriv-mt5-to-trader-journal

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# How to Connect Deriv MT5 to Trader Journal

Deriv is one of the few major brokers that uses MT5 as its primary MetaTrader offering. If you trade forex, synthetics, or indices on Deriv's MT5 platform, this guide shows you how to sync everything to Trader Journal.

## Deriv MT5 Servers

Deriv operates MT5 under several servers:

- **Deriv-MT5** (main real account server)
- **Deriv-Demo** (demo accounts)

For the Deriv SVG entity accounts, you may see **DerivSVG-MT5** or similar variants. Check your current server in the MT5 terminal.

## Important: Deriv Does Not Offer Standard MT4

Deriv stopped offering new MT4 accounts to most clients. If you have an older MT4 account, the connection process uses the MT4 EA. For all current Deriv accounts, use the MT5 process below.

## Setup Process for Deriv MT5

### Step 1: Download MT5 EA

In Trader Journal app: Settings → Expert Advisor → Download MT5 EA. Save `TraderJournal.ex5`.

### Step 2: Install EA

Open MT5 → File → Open Data Folder → MQL5 → Experts. Copy `TraderJournal.ex5` into this folder. In MT5 Navigator, right-click Expert Advisors → Refresh.

### Step 3: Allow WebRequests in MT5

Tools → Options → Expert Advisors → check Allow WebRequests for listed URLs → add `https://api.traderjournal.app`.

### Step 4: Enable AutoTrading

Click the AutoTrading button in the MT5 toolbar. It must be green (active).

### Step 5: Attach EA to Chart

Drag the TraderJournal EA onto any chart. In the Inputs tab, enter your Trader Journal API key. Click OK.

### Step 6: Confirm Connection

Check Trader Journal app → Accounts. Your Deriv account should appear within 60 seconds.

## Deriv-Specific Notes

**Synthetic indices and volatility indices:** Deriv is known for synthetic instruments like Volatility 75 Index (VIX75), Boom 1000, Crash 1000, and others. Trader Journal records these trades exactly like forex trades. You can filter your statistics by instrument to compare your synthetic index performance against your forex performance.

**Jump indices and step indices:** These are also logged normally in Trader Journal.

**Financial accounts vs Synthetic accounts:** Deriv has two account types on MT5 — Financial (for forex, metals, indices) and Synthetic (for Deriv's proprietary synthetic markets). Both can be connected to Trader Journal. Use the same EA for both; attach it to charts in the respective account.

**Multiple account login:** Deriv allows you to have both a Financial and Synthetic MT5 account. Attach the EA in a window for each account and both will appear in Trader Journal separately.

**Lot sizes on synthetic indices:** Lot sizing on synthetic instruments is different from forex. Trader Journal records the lot size as reported by MT5. Use the notes field to track your actual risk per trade in dollar terms if the lot-based risk calculation feels unclear.

## Deriv Demo Account

Deriv demo accounts are fully functional for practice. Connect a demo account to Trader Journal using the same process. When attaching the EA, you do not need to change any settings — Trader Journal detects demo vs real automatically from the account type flag in MT5.

Demo statistics are kept separate from live statistics in the app.

## Troubleshooting

**EA shows error in the Journal tab of MT5:**
A common error is `WebRequest: access denied`. This means the URL was not added or was added incorrectly in the Expert Advisors settings. Add `https://api.traderjournal.app` exactly.

**Synthetic trades showing 0 value:**
Some synthetic instruments have unusual pricing. If P&L shows as 0, check that the EA is attached to an active chart with correct data feed. Re-attaching the EA to a different chart sometimes resolves this.

**API key not accepted:**
Generate a new API key in Trader Journal (Settings → Regenerate Key) and update the EA inputs. Old keys remain valid until regenerated.

## Using Your Deriv Data in Trader Journal

Deriv traders often split their activity between forex sessions and synthetic trading outside market hours. Trader Journal lets you see this split clearly:

- Filter by instrument category to compare forex vs synthetic performance
- Check your equity curve to see if synthetic losses offset forex gains or vice versa
- Use the Day of Week analysis — synthetic indices trade 24/7, so Monday-Sunday patterns look very different from forex

Many Deriv traders discover they are profitable on synthetics but not on forex, or vice versa. The journal makes this visible in a few weeks of data.