From zero to live bot
in under 10 minutes.
This guide walks you through opening a Deriv MT5 account, connecting it to ForgeAlpha, and deploying your first automated trading bot.
Create a Deriv account
Deriv is our recommended broker — fast setup, low spreads, and works perfectly with ForgeAlpha. Sign up free and get your MT5 account in minutes.
- Click the button below and complete Deriv's quick sign-up form
- Verify your email address
- Complete the short identity verification (required by regulation)
Enable MT5 and get your credentials
Inside the Deriv portal, activate a MetaTrader 5 account. Deriv will send you login credentials — you'll need these to connect ForgeAlpha.
- Log in to Deriv and go to your Dashboard
- Select "Add account" → choose MetaTrader 5 (MT5)
- Pick a server (e.g. Deriv-Server) and set a trading password
- Copy your MT5 login ID and note the server name — you'll need both
Connect your MT5 account to ForgeAlpha
Head to ForgeAlpha and add your MT5 account. We use MetaApi to connect securely — your password is never stored on our servers.
- Create your ForgeAlpha account (free during beta)
- Go to Accounts → Add MT5 Account
- Enter your MT5 login ID, password, and server name from Step 2
- ForgeAlpha will connect and sync your account balance
Build a strategy with AI
Describe your trading idea in plain English and our AI will turn it into a deployable strategy — complete with entry rules, exit rules, and risk management. No coding required.
- Go to Strategies → Create Strategy and open the AI chat
- Describe what you want: "scalp EURUSD on RSI oversold with trailing stop"
- The AI builds your rules using 74 built-in indicators — review and tweak as needed
- Run a backtest to see how your strategy performs on historical data
Deploy your first bot
Once you're happy with your strategy's backtest results, deploy it as a live bot. Your bot runs 24/7 on your Deriv MT5 account — no need to keep ForgeAlpha open.
- Publish your strategy, then create a new Bot
- Assign capital from your MT5 account balance
- Hit Start — your bot is now live and monitoring the market
- Track performance in real-time from the Bots dashboard
Ready to automate?
ForgeAlpha is free during beta. No credit card required. Start with a Deriv account and have your first bot running today.
Already trading with IC Markets, Vantage, Exness, or another MT5 broker? Skip Step 1 — any MT5 broker supported by MetaApi works with ForgeAlpha.