{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "deriv-mt5-mt",
  "urls": {
    "html": "/demo-accounts/deriv-mt5-mt.html",
    "json": "/demo-accounts/deriv-mt5-mt.json",
    "markdown": "/demo-accounts/deriv-mt5-mt.md"
  },
  "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.",
  "record": {
    "checked": "2026-10-12",
    "tested": false,
    "funds": null,
    "currency": null,
    "fundsLabel": "Not recorded",
    "fundsNote": "Current Malta-specific amount/currency not confirmed",
    "expiryType": "unknown",
    "expiry": "Not established",
    "expiryNote": "Current Malta-specific duration not confirmed; general group MT5 page says no expiry, but not assigned unqualified to Malta",
    "evidence": "partial",
    "signup": "Group instructions: free Deriv account, add MT5 demo in dashboard, set MT5 password; no deposit. Exact EU registration flow not tested.",
    "note": "Confirm current residence-routed EU demo balance, expiry/inactivity and exact signup entity before publishing detailed Malta offer. Do not import BVI/Labuan/global terms. Same brand may appear elsewhere as separate regulated entity.",
    "id": "deriv-mt5-mt",
    "broker": "Deriv",
    "entity": "Deriv Investments (Europe) Limited",
    "regions": [
      "MT"
    ],
    "region": "MT",
    "regionLabel": "Malta",
    "researchScope": "Malta",
    "platform": "mt5",
    "platformLabel": "Deriv MT5 (MetaTrader 5)",
    "terms": "MFSA authorisation directly verified for retail currency derivatives and CFDs. EU entity's terms discuss MT5 and recommend testing EAs on demo. General group demo landing reached from research excludes Malta from retrieved footer; EU route redirected to global in web retrieval, so duration/funding/product claims are not assumed identical across entities.",
    "eligibility": "EU investment entity; retail clients explicitly in MFSA record and EU supplementary terms. Exact eligible residence list/current demo allocation still needs checking. Other Deriv subsidiaries are distinct entities.",
    "evidenceNote": "Official broker documentation; see scope and remaining checks. Signup and trading not tested.",
    "sources": [
      "deriv-malta-2",
      "deriv-malta-3",
      "deriv-malta-4"
    ],
    "visit": "deriv-malta-3",
    "regulation": {
      "status": "Verified",
      "entity": "Deriv Investments (Europe) Limited",
      "regulator": "Malta Financial Services Authority (MFSA)",
      "finding": "",
      "scope": "EU investment entity; retail clients explicitly in MFSA record and EU supplementary terms. Exact eligible residence list/current demo allocation still needs checking. Other Deriv subsidiaries are distinct entities.",
      "sources": [
        "deriv-malta-reg-1",
        "deriv-malta-reg-2",
        "deriv-malta-reg-3",
        "deriv-malta-reg-4"
      ]
    },
    "signupLink": {
      "kind": "instructions",
      "note": "The EU link currently redirects to a global site covering other entities. A Malta/EEA demo route and residence assignment Requires Verification.",
      "status": "Requires Verification",
      "url": null,
      "sourceUrl": "https://deriv.com/eu",
      "checked": "2026-10-15",
      "tested": false,
      "withheld": true
    },
    "execution": {
      "scope": "Deriv Investments (Europe) Limited, Malta; MT5 financial markets. Derived/synthetic products and Deriv Trader are excluded from the forex conclusion.",
      "tested": false,
      "role": {
        "value": "Requires Verification",
        "status": "Requires Verification",
        "note": "EU supplementary terms list MT5 venues but the reviewed provisions did not establish principal versus agent capacity for forex. The sole-venue clause for derived MT5 products cannot be generalized to financial forex.",
        "sources": [
          "ex-a-deriv-malta"
        ],
        "checked": "2026-10-13"
      },
      "arrangement": {
        "value": "Named external MT5 execution venues",
        "status": "Broker-reported",
        "note": "EU terms §8.1.1 list Deriv BVI, Deriv FX, MTG Liquidity and Safecap for MT5. Section 8.1.2's different sole-venue scope is confined to Deriv Trader and derived MT5 products.",
        "sources": [
          "ex-a-deriv-malta"
        ],
        "checked": "2026-10-13"
      },
      "demo": {
        "value": "Requires Verification",
        "status": "Requires Verification",
        "note": "The group MT5 demo page does not establish EU-specific execution differences; the BVI additional terms are not transferred to this Malta entity.",
        "sources": [
          "ex-a-deriv-demo",
          "ex-a-deriv-malta"
        ],
        "checked": "2026-10-13"
      },
      "review": {
        "checked": "2026-10-13",
        "outcome": "Reviewed; supported findings in arrangement. Remaining uncertainty is recorded per field and scope.",
        "remainingChecks": [
          "Read current EU Trading Terms and execution clauses for explicit financial-forex principal or agency capacity.",
          "Obtain Malta MT5 demo execution, liquidity, charge and margin limitations and confirm applicability of group demo guidance."
        ]
      }
    },
    "markets": {
      "scope": "Deriv Investments (Europe) Limited · Malta · Deriv MT5 (MetaTrader 5). Market coverage not yet reviewed.",
      "tested": false,
      "forexCfd": {
        "status": "Requires Verification",
        "note": "Forex CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      },
      "cryptoCfd": {
        "status": "Requires Verification",
        "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      }
    },
    "api": {
      "status": "Requires Verification",
      "type": null,
      "route": "Not established for this offering",
      "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.",
      "requirements": "Confirm the account, platform and regional requirements with the broker.",
      "sources": [],
      "docs": [],
      "checked": null,
      "tested": false
    },
    "launchReviewed": "2026-10-15"
  },
  "sources": {
    "deriv-malta-2": {
      "id": "MT-DE-B1",
      "title": "Deriv Investments (Europe) Limited — Supplementary terms",
      "url": "https://docs.deriv.com/tnc/deriv-investments-(europe)-limited-eu.pdf",
      "owner": "Broker",
      "evidence": "Terms expressly apply to accounts with Malta entity; EU investment service and default retail classification. Sections8.1/8.2 cover Deriv MT5, EAs, and testing on a demo account; results may differ from backtests.",
      "access_note": "Official PDF opened12Oct2026; document title versionE24|01|1, no reliable current effective date extracted. Used for entity/platform connection, not current licence verification."
    },
    "deriv-malta-3": {
      "id": "MT-DE-B2",
      "title": "Deriv MT5 demo account",
      "url": "https://deriv.com/trading-platforms/mt5/mt5-demo-account",
      "owner": "Broker",
      "evidence": "General group page offers free MT5 forex demo, no deposit, dashboard setup and says it does not expire. Retrieved footer lists non-Malta group entities.",
      "access_note": "Opened12Oct2026; global/group evidence only. No unqualified assignment of its expiry or balance terms to Malta."
    },
    "deriv-malta-4": {
      "id": "MT-DE-B3",
      "title": "MFSA-listed Deriv EU website route",
      "url": "https://deriv.com/eu",
      "owner": "Broker",
      "evidence": "MFSA lists this as Malta entity website; web retrieval redirected to global Deriv homepage.",
      "access_note": "Observed12Oct2026; redirect creates current EU demo-detail gap rather than proof of Malta offer withdrawal."
    },
    "deriv-malta-reg-1": {
      "id": "MT-DE-R1",
      "title": "MFSA Financial Services Register — DERIV INVESTMENTS (EUROPE) LIMITED",
      "url": "https://fsr.mfsa.mt/",
      "owner": "Regulator",
      "evidence": "Direct record C70156, BNRY, Investment Firm, Licence Authorised, issue19-05-2015, official website https://deriv.com/eu. Retail permissions include dealing on own account and executing orders in currency derivatives and CFDs.",
      "access_note": "Rendered current Chrome record read12Oct2026. Search Deriv, select exact Malta entity Investment Firm. Detail URL transient; stable search retained. No dataset timestamp shown."
    },
    "deriv-malta-reg-2": {
      "id": "MT-DE-B1",
      "title": "Deriv Investments (Europe) Limited — Supplementary terms",
      "url": "https://docs.deriv.com/tnc/deriv-investments-(europe)-limited-eu.pdf",
      "owner": "Broker",
      "evidence": "Terms expressly apply to accounts with Malta entity; EU investment service and default retail classification. Sections8.1/8.2 cover Deriv MT5, EAs, and testing on a demo account; results may differ from backtests.",
      "access_note": "Official PDF opened12Oct2026; document title versionE24|01|1, no reliable current effective date extracted. Used for entity/platform connection, not current licence verification."
    },
    "deriv-malta-reg-3": {
      "id": "MT-DE-B2",
      "title": "Deriv MT5 demo account",
      "url": "https://deriv.com/trading-platforms/mt5/mt5-demo-account",
      "owner": "Broker",
      "evidence": "General group page offers free MT5 forex demo, no deposit, dashboard setup and says it does not expire. Retrieved footer lists non-Malta group entities.",
      "access_note": "Opened12Oct2026; global/group evidence only. No unqualified assignment of its expiry or balance terms to Malta."
    },
    "deriv-malta-reg-4": {
      "id": "MT-DE-B3",
      "title": "MFSA-listed Deriv EU website route",
      "url": "https://deriv.com/eu",
      "owner": "Broker",
      "evidence": "MFSA lists this as Malta entity website; web retrieval redirected to global Deriv homepage.",
      "access_note": "Observed12Oct2026; redirect creates current EU demo-detail gap rather than proof of Malta offer withdrawal."
    },
    "ex-a-deriv-demo": {
      "title": "Deriv MT5 demo account",
      "url": "https://deriv.com/trading-platforms/mt5/mt5-demo-account",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Real-time charts/live conditions paragraph and MT5 demo FAQ; group page.",
      "access": "Official page/PDF text read through web retrieval on 2026-10-13."
    },
    "ex-a-deriv-malta": {
      "title": "Deriv Investments Europe supplementary terms",
      "url": "https://docs.deriv.com/tnc/deriv-investments-(europe)-limited-eu.pdf",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Sections 1.1–1.2 and 8.1.1–8.1.4.",
      "access": "Official page/PDF text read through web retrieval on 2026-10-13."
    }
  }
}
