The Deriv MT5 toolbox is like your command center-it helps you manage trades, track your account, and stay on top of market movements. Think of it as your ultimate trading sidekick!

One quick note

We’re covering the full-featured Deriv MT5 desktop terminal here. Some features may look slightly different if you’re using the web or mobile version, but the core functions remain the same.

Why the MT5 toolbox matters

This is where all the action happens. From checking your trades to setting up alerts and getting market news, the toolbox makes trading smoother and more efficient. It’s like having a personal assistant that keeps everything in check while you focus on making smart moves.

Getting to know the toolbox tabs

Trade tab: Your live dashboard

This is where you see all your open trades, pending orders, and essential account details like balance, margin, and equity. Need to tweak a trade? You can modify or close positions directly from here.

Exposure tab: Quick portfolio check

Want an overview of your trading exposure? This tab summarizes your open positions, showing you which assets you're invested in and how much risk you take.

History tab: Your trading journal

This tab records your past trades, profits, losses, deposits, and withdrawals. Reviewing your trade history can help you spot patterns and fine-tune your strategy.

News tab: Stay in the loop

The market moves fast, and staying updated is key. This tab delivers the latest financial news so you can react to events that might impact your trades.

Mailbox tab: Your trading inbox

Essential messages from Deriv land here. This is your direct line to updates, announcements, and basic platform information.

Calendar tab: Market movers at a glance

This tab shows upcoming economic events that could shake up the markets. Knowing what’s ahead helps you plan your trades and avoid unexpected volatility.

Alerts tab: Your personal trading assistant

Are you tired of staring at charts all day? Set up alerts for price levels, economic events, or market shifts so you’re always in the know without being glued to the screen.

Articles tab: Learn & grow

Are you curious about new trading strategies? This tab connects you to educational articles and tutorials from the MQL5 community, which is perfect for expanding your skills.

Codebase tab: Free trading tools

Find and install free Expert Advisors, indicators, and scripts to customize your trading experience. It’s like an app store for traders!

Experts tab: Monitoring automated strategies

If you’re using Expert Advisors (EAs), this tab logs their actions and errors, helping you track their performance and troubleshoot issues.

Journal tab: Your activity log

This tab records everything happening on your Deriv MT5 platform. If something seems off, checking your journal can help determine what went wrong.

Customizing your toolbox

The best part? You can personalize the toolbox to fit your needs. Rearrange tabs, adjust columns, and make it work for your trading style. After all, your trading setup should feel like home.

The best way to master the toolbox is to dive in! The more you understand the tools, the more confident you'll become in your trading decisions. So sign up for our free MT5 courses and get ready to put those skills to the test with a free demo account.

Happy trading!

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