Deriv Nakala

When linking your Deriv MT5 account to Deriv Nakala, you’ll need to select a server from a dropdown list. Choose the server that matches the range your Deriv MT5 login ID falls into.

How to find the right server:

1. Go to Trader's Hub.
2. Click on the Deriv MT5 account you linked to Deriv Nakala.
3. A popup will appear showing your login ID.
4. Use the table below to find the server that matches your login ID range.
   
5. Select the server name from the dropdown list.

Yes, you can link multiple trading accounts.

No, you can only link your Deriv MT5 real account.

To switch between trading accounts, follow these steps:

1. Go to Account.
2. Tap Switch.
3. Select the account you want to use.
4. Your account will switch instantly.

To update your profile details in Deriv Nakala, follow these steps:

1. Go to Account.
2. Tap Settings, and then Edit Profile.
3. Update your details, like your name, profile image, and search handle.
4. Optionally, you can toggle "Hide my profile" if you don't want to appear in Discover.

Deriv Nakala automatically follows your device’s language settings. To change it, update your device’s language in its settings.

A strategy provider is an account that other traders can copy trades from. On Deriv Nakala, strategy providers can be from different brokers, so you're not limited to copying strategies from other Deriv accounts.

Follow these steps:

1. Go to Discover and search for a trader you want to copy.
2. Select your preferred trader and tap Copy.
3. Choose your trade size based on:
   • Proportional by equity: Adjusts trade size proportionally to your account balance.
   • Mirror master size: Matches trade size of the strategy provider.
   • Fixed size: Uses a fixed trade size for all copied trades.
4. Optional:
   • Select "Round up to minimum trade size" to ensure no trades are missed.
   • Select "Copy existing trades" to copy any open trades.
5. To confirm, select "Agree and Copy".
6. Next, agree to the Social Trading Authorisation and Subscription Terms (STAST).
7. Press OK to complete the setup, or select "Max drawdown" to set auto-stopping conditions.

You’ll no longer copy new trades from that trader, but existing copied trades will remain open unless you close them manually.

Your Deriv MT5 Standard account will need to have a minimum balance of 500 USD. Strategy providers also typically have 6+ months of trading experience with consistent positive results.

If you meet the above criteria, follow these steps become a strategy provider on Deriv Nakala:

1. When linking your account, select "Become a Strategy Provider".
2. Complete the assessment form and questionnaire.

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Yes, but you need to apply for this feature by following these steps:

1. Go to Account.
2. Select "I want to charge my copiers".
3. Submit your application for review.

Performance fees are a percentage of copier profits, charged only on earnings above the High Water Mark. They are calculated automatically based on profitable trades.

Once approved as a strategy provider, follow these steps:

1. Go to Account.
2. Tap Set Fee, then Performance Fee.
3. Set your performance fee which can be up to 50%.
4. Confirm by tapping Agree and Update.

Performance fees are processed at the beginning of each month based on your Broker's preferred interval which can be daily, weekly, or monthly.

Make sure to:

1. Use your trading password.
2. Enter correct Deriv MT5 details.  
   • Click Open next to your MT5 account on Trader's Hub to get the info.
   • For "Account number", use your Deriv MT5 login ID.
3. If you have a strategy provider account, close all open trades in your existing linked account before connecting a new one.

1. Go to Account.
2. Tap Settings and then Account Information.
3. Select the X" button, causing the popup "Unlink trading account" to appear.
4. To unlink, select Yes.

To delete your account, follow these steps:

1. Go to Account.
2. Tap Settings and then Account Information.
3. Select Delete Account.
4. Once your account is deleted, you will be logged out automatically.