Frequently Asked Questions (FAQ) about Deriv API MCP Server

Q: What is an MCP Server? A: An MCP (Model Context Protocol) server acts as a bridge, allowing AI models to access and interact with external data sources and tools. It standardizes how applications provide context to LLMs.

Q: What is the Deriv API MCP Server? A: It’s a specific MCP server designed to enable AI agents (like those in Claude and OpenAI) to interact with the Deriv API for trading and financial applications.

Q: What are the key features of this server? A: Key features include accessing active symbols list and getting account balance information from the Deriv API.

Q: How do I install the Deriv API MCP Server? A: You can install it either locally using uv or through Docker. Detailed instructions are provided in the documentation.

Q: What is UBOS? A: UBOS is a full-stack AI Agent Development Platform focused on bringing AI Agents to every business department. It helps you orchestrate AI Agents, connect them with enterprise data, build custom AI Agents, and create Multi-Agent Systems.

Q: Can I use this server with OpenAI function calling? A: Yes, while primarily focused on Claude integration, it can also be used with OpenAI function calling.

Q: Where can I find the Deriv API documentation for rate limits? A: You can find the rate limits and usage guidelines on the Deriv API documentation.

Q: Under what license is this server released? A: The Deriv API MCP Server is released under the MIT License.

**Q: What is the purpose of the .env file? **A: The .env file stores sensitive information such as your API token. This prevents them from being hardcoded into your application or stored in version control.

**Q: Where do I put the Claude Desktop configuration file? **A: The configuration file locations are:

• On macOS: ~/Library/Application Support/Claude/claude_desktop_config.json
• On Linux VSCode: /Users/raju/Library/Application Support/Code/User/globalStorage/saoudrizwan.claude-dev/settings/cline_mcp_settings.json
• On Windows: %APPDATA%Claudeclaude_desktop_config.json

**Q: What are the benefits of using the UBOS platform? **A: UBOS provides a full-stack platform that simplifies the creation, orchestration, and deployment of AI agents across various departments, enabling easy AI Agent Orchestration, Enterprise Data Connectivity, Custom AI Agent Building, and Multi-Agent Systems.