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How to connect Cursor to your Deriv account

With TraderWAI, Cursor can read live charts, check your Deriv account and prepare orders with stop loss and take profit that you approve. Setup takes a few minutes.

Connect Deriv to Cursor in 2 minutes — free

1. Add TraderWAI to Cursor

Works in Cursor (Agent).

  1. In Cursor go to Settings → Tools & MCP → «Add new MCP server».
  2. Or paste the configuration below into ~/.cursor/mcp.json.
  3. Click «Login» / «Connect» next to traderwai and sign in with Google.
  4. Use the chat in Agent mode and ask for what you need.
Add to Cursor

2. Connect your Deriv account

In TraderWAI, add your Deriv account with the platform it uses:

MetaTrader 5

Enter your MetaTrader 5 login (account number), the master password and the server name exactly as it appears in MetaTrader. The account is set up in 1–3 minutes.

MetaTrader 5 is included in the Trader plan ($29/month). Charts and analysis are free on every plan.

Detailed guide: Cursor + MetaTrader 5 →

cTrader

Click «Connect with cTrader» and sign in with your cTrader ID. You don't share your password with TraderWAI.

cTrader works on the free plan: unlimited charts and analysis, and 5 order executions per day.

Detailed guide: Cursor + cTrader →

The platforms each firm offers can change; check which one your account uses in your Deriv dashboard.

3. Ask Cursor

Try one of these in a new chat:

  • «Show me the gold H1 chart and tell me where the key levels are.»
  • «What positions do I have open and how much am I risking?»
  • «Prepare a buy limit on EUR/USD at yesterday's low with a 20-pip stop and a 2R target. I'll approve it.»

Deriv and TraderWAI: what to know

  • Deriv offers Deriv MT5 and Deriv cTrader, plus its own Deriv Trader. TraderWAI connects MT5 and cTrader accounts (cTrader on TraderWAI's free plan); Deriv Trader is not connected directly. Deriv X has been phased out.
  • Deriv cTrader has free demo accounts, so you can try your AI on a demo first.
  • To connect Deriv MT5 you need the login ID and server name from your MT5 account details: click Details on that MT5 account. The MT5 password is separate from your Deriv login.
  • Use the MT5 trading password, not an investor password: Deriv lets you set an investor password for an MT5 account, and that one is read-only.

What Cursor can do with your Deriv account

  • Read live charts in any timeframe, with the indicators you ask for.
  • Check your balance, open positions and pending orders.
  • Backtest a strategy idea on historical data before risking anything.
  • Prepare market, limit and stop orders with stop loss and take profit that you approve.
  • Leave conditional orders that TraderWAI watches every minute.
  • Respect your risk limits: maximum daily loss and drawdown, risk per trade, size and number of trades.

Deriv and Cursor: questions

Can I connect Claude or ChatGPT to Deriv?

Yes. Add TraderWAI to Claude or ChatGPT (free plans work) and connect your Deriv account: cTrader with your cTrader ID on TraderWAI's free plan, or MT5 with its login ID, password and server from the Trader plan. TraderWAI is independent and not affiliated with Deriv.

Where do I find my Deriv MT5 server?

Click Details on your Deriv MT5 account: it shows the login ID and the server name. Type the server exactly as shown there.

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Related guides

  • Broker MCP server: connect Claude or ChatGPT to your broker (Exness, FTMO, Pepperstone…)
  • Which brokers can you connect to ChatGPT, Claude or Grok? (2026)

Other AIs with Deriv

  • How to connect Claude to your Deriv account
  • How to connect ChatGPT to your Deriv account
  • How to connect Grok to your Deriv account
  • How to connect Gemini to your Deriv account
  • How to connect Perplexity to your Deriv account
All about Deriv and TraderWAI

TraderWAI is independent software and is not affiliated with Deriv. Trading involves risk; TraderWAI does not provide investment advice.

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