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Does Deriv Have MT4? No, Use Deriv MT5 (2026)

Heinrich Le Roux

Reviewed by

In this article

Top broker matches for traders in South Africa

RoboForex logo
RoboForex
3.9

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are leveraged products and carry a high risk of losing money. 75.85% of retail investor accounts lose money when trading CFDs with RoboForex. Only trade if you understand the risks.
FxPro logo
FxPro
4.2

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Only trade if you understand the risks.
trade nation logo square transparent: tradenation.com
Trade Nation
4.3

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are leveraged products and carry a high level of risk to your capital. Only trade with money you can afford to lose.
Octa logo
Octa
4.1

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are leveraged products and can lead to the loss of your invested capital. Octa offers leverage up to 1:1000. Only trade if you understand the risks.
XTB logo
XTB
4.1

/ 5

1060
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are leveraged products and losses can exceed your deposit with XTB International, which does not offer negative balance protection. Only trade with money you can afford to lose.
new xm south africa logo
XM
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading leveraged products involves significant risk and can lead to the loss of your invested capital. Only trade if you understand the risks.

No, Deriv does not offer MT4. Its MetaTrader platform is Deriv MT5, and as at October 2026 Deriv’s platform list is Deriv MT5, Deriv cTrader, TradingView, Deriv Trader, Deriv Bot, SmartTrader and the Deriv App, with no MetaTrader 4 option.

If you searched for a Deriv MT4 download, you need Deriv MT5 instead. This page explains what that means for MT4 users, how to move across, and which Deriv platform fits what you want to do.

Does Deriv have MT4?

Deriv’s website, help centre and platform pages make no mention of an MT4 account, and the account setup only offers MT5 for MetaTrader. Any site offering a “Deriv MT4” download or server is not Deriv. Download MetaTrader only from the links on deriv.com or from MetaQuotes, and log in with the MT5 credentials shown in your Deriv dashboard.

You may have read that MetaQuotes “ended MT4” in December 2024. That is not quite what happened. MetaQuotes stopped supporting old builds from 1 December 2024: MT4 terminals older than build 1420 and MT5 terminals older than build 4410 can no longer connect to broker servers. MT4 itself still exists at other brokers. It is simply not part of Deriv’s line-up.

Deriv MT5: the MetaTrader option at Deriv

Deriv MT5 gives you the MetaTrader charts, indicators and Expert Advisors you know from MT4, plus Deriv’s own instruments. Deriv’s help centre lists six MT5 account types:

MT5 accountWhat it is for
CFDs (Standard)Financial markets and Derived Indices, spreads from 0.1 pips, no commission
FinancialForex, stocks, indices and commodities CFDs
Zero SpreadZero spreads on selected instruments
Swap-freeNo overnight swap, wider spreads, smaller instrument list
GoldGold trading
CryptoCryptocurrency CFDs

Availability can vary by country. Download Deriv MT5 for Windows, macOS, Linux, iOS or Android from the Deriv MT5 page, or use the web terminal without installing anything. Our Deriv MT5 account guide covers account types, jurisdictions and login in detail.

Moving from MT4 to Deriv MT5

  1. Open a Deriv profile. If you are not set up yet, start with opening a Deriv account and complete verification.
  2. Add an MT5 account. In your dashboard choose an MT5 account type, tap Activate and set an MT5 password. This password is separate from your Deriv login.
  3. Install MT5. Use the download links on deriv.com and log in with the MT5 login number and server shown in your dashboard.
  4. Bring your tools across. MT4 indicators and Expert Advisors (MQL4) do not run on MT5. Look for MQL5 versions or have them rewritten, and test them on a demo first.
  5. Practise first. Use a Deriv demo account to get used to MT5’s order window and hedging behaviour before you fund the real account.

MT5 adds more timeframes (21 against 9 on MT4), more built-in indicators, a depth of market window and more asset classes. Our MT5 vs MT4 comparison sets out the differences, and what is MT5 covers the basics.

Other Deriv platforms if MetaTrader is not for you

  • Deriv cTrader: a modern charting platform with copy trading.
  • TradingView: trade Deriv CFDs, including Synthetic Indices, from TradingView charts.
  • Deriv Trader and SmartTrader: web platforms for options and multipliers.
  • Deriv Bot: build automated strategies with drag-and-drop blocks, no code needed.
  • Deriv App: Deriv’s mobile app for Wallet funding and trading.

Deriv’s home-grown platforms are covered in our Deriv App guide.

Before you trade with Deriv

Deriv is not authorised by the FSCA. South Africans deal with offshore Deriv companies: Deriv (SVG) LLC for the Wallet, cTrader and swap-free CFDs, Deriv Capital International Ltd (Samoa) for options and multipliers, and a BVI, Vanuatu, Mauritius, Cayman or Labuan company for MT5 depending on the jurisdiction you are offered. The FAIS Ombud cannot handle complaints about them. If you want MT4 with an FSCA-authorised broker, compare brokers or read the full Deriv review.

FAQs

Does Deriv have MT4?

No. Deriv offers MetaTrader 5 (Deriv MT5) only, alongside cTrader, TradingView and its own platforms.

Can I download Deriv MT4 for PC?

There is no Deriv MT4 download. Download Deriv MT5 for Windows from deriv.com and log in with your MT5 credentials.

Can I use my MT4 Expert Advisors on Deriv MT5?

Not directly. MT4 robots are written in MQL4 and need an MQL5 version to run on MT5.

Did MetaQuotes shut down MT4 in December 2024?

No. From 1 December 2024 MetaQuotes stopped supporting MT4 builds older than 1420 and MT5 builds older than 4410. Current MT4 versions still work at brokers that offer them.

Trading CFDs is high risk. Leverage can magnify losses, and you may lose your deposit. Only trade with money you can afford to lose.

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Top broker matches for traders in South Africa

new xm south africa logo
XM
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading leveraged products involves significant risk and can lead to the loss of your invested capital. Only trade if you understand the risks.
BlackBull Markets logo
BlackBull Markets
3.8

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are leveraged products and can result in losses greater than you expect. BlackBull Markets is not FSCA authorised. Only trade with money you can afford to lose.
XTB logo
XTB
4.1

/ 5

1060
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are leveraged products and losses can exceed your deposit with XTB International, which does not offer negative balance protection. Only trade with money you can afford to lose.
RoboForex logo
RoboForex
3.9

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are leveraged products and carry a high risk of losing money. 75.85% of retail investor accounts lose money when trading CFDs with RoboForex. Only trade if you understand the risks.
FxPro logo
FxPro
4.2

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Only trade if you understand the risks.
trade nation logo square transparent: tradenation.com
Trade Nation
4.3

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are leveraged products and carry a high level of risk to your capital. Only trade with money you can afford to lose.

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A juristic representative and agent of CFD Central Securities (PTY) Ltd Registration No. 2008/008752/07 (FSP No. 35731)

Registered Office: La Concorde, 57 Main Road, Paarl, Western Cape, 7646, South Africa

© 2026. TradeFX

Disclaimer:

Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks.

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