Academy

Foundation guide7 min readFree

How to Connect a Deriv Account to DONKOFX

A step-by-step guide to linking Deriv with DONKOFX: the secure authorisation flow, demo and real accounts, what access DONKOFX asks for, common connection problems and how to disconnect.

Key takeaways

  • You connect Deriv by approving access on Deriv's own site. DONKOFX never asks for your Deriv password in a form of its own.
  • DONKOFX asks for trading and reading access only, with no withdrawal access. Your money stays with Deriv.
  • One approval links every account on your Deriv login, demo and real. You then choose which one a bot uses.
  • Start on the Deriv demo account, which uses virtual money, before moving to a small real balance.
  • You can revoke access at any time in your Deriv settings, and removing an account in DONKOFX stops the bots running on it.
Contents
  1. Why Deriv, and what it is used for
  2. Before you start
  3. How the connection works
  4. Step by step
  5. Demo and real accounts
  6. What the connection lets DONKOFX do
  7. Moving from demo to real money
  8. What happens when you start a bot
  9. Common connection problems
  10. Keeping your account safe
  11. How to disconnect
  12. A first-session checklist
  13. Questions

Why Deriv, and what it is used for

Deriv is a broker that offers synthetic indices: computer-generated markets that run every day of the year, including weekends. DONKOFX uses Deriv for its digit bots, which trade very short contracts on those indices, and for strategy bots that can trade Deriv synthetics through Multiplier contracts with a fixed take profit and stop loss.

For forex and gold through MetaTrader 5 or cTrader, you connect a different broker account, and the broker directory explains how each one links to DONKOFX. This guide covers Deriv only.

Before you start

  • A DONKOFX account. Creating one is free.
  • A Deriv account. If you do not have one, DONKOFX can start Deriv sign-up for you with the same email, or you can create it directly on Deriv.
  • Your Deriv login details, which you will type on Deriv's own site, never on DONKOFX.
  • Ten minutes, and a browser that allows a new tab to open.

How the connection works

DONKOFX uses Deriv's official authorisation flow. It is the same kind of sign-in you use when an app asks to "continue with" another service. You log in on Deriv's own page, Deriv asks whether you want to give DONKOFX access, and if you click Authorize, Deriv sends DONKOFX a token that lets it trade on your behalf within the permissions you approved.

This design means DONKOFX never sees or stores your Deriv password. The flow also uses a security step called PKCE, which ties the approval to the browser that started it, so an approval cannot be intercepted and reused by someone else.

DONKOFX asks for trading and reading access only. It can place and manage trades and read balances and history. It has no withdrawal access, so it cannot move money out of your Deriv account.

Step by step

If the original DONKOFX page does not update after you approve, return to it and refresh. Some browsers separate the two tabs for security reasons, and the connection may already be saved.

  • Sign in to DONKOFX and open Accounts from the dashboard.
  • Choose Add broker account, then select Deriv and its secure connection method.
  • A new tab opens on Deriv. Log in if you are not already logged in.
  • Read the access request and click Authorize.
  • Deriv returns you to DONKOFX, and the original page updates by itself with every account on your Deriv login.
  • Pick an active account. Bots will use that account by default, and you can still choose a different one when you start a bot.

Demo and real accounts

A single Deriv login usually includes a demo account loaded with virtual money and one or more real accounts. After connecting, DONKOFX lists them separately and marks each one as demo or real. Check the label, the currency and the balance carefully before starting any bot, because the start screen uses the account you select.

Start with demo. A demo account behaves like a real one but cannot lose real money. Use it to learn how a bot starts, how its activity feed reads, how a session stops at its limit and how you stop it yourself. Run several sessions, including at least one that ends in a loss, so you know what that feels like before money is involved.

When you move to real money, start with a small balance you could lose entirely without it affecting your bills or savings.

What the connection lets DONKOFX do

  • Read the balance, currency and type of each linked account, so limits are calculated from real figures.
  • Follow every contract a bot opens until Deriv settles it, so the activity log shows the real result.
  • Buy and close contracts on the account a bot is started on, inside the settings you chose.
  • It cannot withdraw, transfer between accounts or change your Deriv security settings.
  • It does nothing on an account until you start a bot on it.

Moving from demo to real money

There is no switch to flip. Your real account is already linked from the same approval, so moving to real money means starting a bot with the real account selected instead of the demo one. Because nothing else changes, it is worth slowing down at this moment.

Before the first real session, write down three numbers: the balance you are prepared to lose in full, the session loss limit you will use and the stake. Then compare them with what you saw on demo. If a demo session ever lost more than you would be comfortable losing for real, reduce the stake or the number of recovery steps before you start. Keep the same bot and settings you tested; changing everything at once makes it impossible to tell what caused a different result.

For the first week, check the activity feed after every session. Once the real account behaves the way the demo did, a daily check is enough.

What happens when you start a bot

When you press Start, DONKOFX first asks Deriv for the account's current balance, so that your loss limit and stake checks use the real figure rather than a figure saved earlier. If the account has no balance, the start is refused, because a bot cannot size risk on an empty account.

For digit bots, DONKOFX then calculates the full worst case of your configuration, including every recovery stake, and refuses to start if it does not fit inside your session loss limit. Once the bot is running, it trades on Deriv from DONKOFX servers, so your phone or computer can be switched off.

Common connection problems

  • The Deriv tab did not open: allow pop-ups for donkofx.com and try again.
  • You cancelled the authorisation: start again from Add broker account. Nothing was saved.
  • The account shows as revoked or expired: Deriv no longer accepts the old token. Reconnect the account to issue a new one.
  • A bot will not start and says your Deriv access has expired: reconnect the account, then start the bot again.
  • The balance looks out of date: use the refresh control on the account. DONKOFX also refreshes it automatically when a bot starts.
  • The account you expected is missing: check that you logged in to the right Deriv account in the new tab.

Keeping your account safe

  • Only ever type your Deriv password on Deriv's own website.
  • Turn on two-factor authentication in your Deriv security settings.
  • Never share an API token or a screenshot of one with anyone, including people claiming to be support staff.
  • Check the activity log of each running bot regularly, so you know what it has done.
  • Remove access you no longer use.

How to disconnect

You can stop DONKOFX from using a Deriv account in two ways. Inside DONKOFX, remove the account from Accounts. Any bots running on it will be stopped. On Deriv, open your account settings and revoke DONKOFX's access to the app; this cancels the token at the source, so it can no longer be used at all.

If you only want to pause trading, you do not need to disconnect. Stop the bots instead and reconnect later only if Deriv reports that the access has expired.

A first-session checklist

  • The selected account is the demo account, and its balance is correct.
  • You have read the guide for the bot you chose.
  • The stake is flat, or the full recovery series shown on the start screen is a sum you accept losing.
  • The session loss limit is set, and Profit Lock is on.
  • You know where the Stop control is and have used it once on demo.

Education, not financial advice or a profit promise. Trading carries a risk of loss. Practise on demo, understand the full risk and keep control of every automation you start.

Questions

Is it safe to connect Deriv to DONKOFX?

The connection uses Deriv's official authorisation flow, so DONKOFX never sees your password, and it asks for trading and reading access only, with no withdrawal access. Trading itself still carries full risk of loss.

Can DONKOFX withdraw money from my Deriv account?

No. DONKOFX does not request withdrawal access. Deposits and withdrawals stay under your control on Deriv.

Can I use a Deriv demo account?

Yes, and you should start there. Every account on your Deriv login, including demo, is linked when you authorise, and you choose which one each bot uses.

Why does my Deriv account show as expired?

Deriv has stopped accepting the previous token, for example after you revoked access or changed security settings. Reconnect the account from Accounts to issue a new one.

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