An introduction to Deriv Trader – the trading platform
Published: May 5, 2022 — Updated: June 7, 2024
If a trading platform is simple and easy to use, does that mean it can only carry out basic functions? There are exceptions like Deriv Trader – an excellent example of simplicity combined with functionality.
As a beginner, you can take advantage of Deriv Trader’s user-friendly interface that encourages you to explore and enhance your trading skills. Alternatively, if you are an experienced trader, the platform’s various tools and features will help you refine your trading strategy.
Markets to trade
You can trade over 50 assets across forex, stock indices, and commodities within regular market hours. Additionally, you have access to the cryptocurrency market and Deriv’s synthetic indices trading around the clock.
Trade types available on Deriv Trader
Depending on the market and asset you choose, there are two trade types available on Deriv Trader — options and multipliers. Once you select an asset, you can check the trade types available for it.
Options trading doesn’t require buying the underlying asset – you can earn payouts by correctly predicting the asset’s price movements. Deriv Trader has trade types such as:
- Ups & Downs
- Highs & Lows
- Digits
- Vanillas
- Turbos
Multipliers trading lets you amplify profits while limiting losses to your stake. It also includes risk management tools such as take profit, stop loss, and deal cancellation.
Recently, Deriv introduced accumulator options — allowing you to benefit from sideways price movement within a predefined range, with potential payouts compounding per tick.
How to use Deriv Trader
To get started, your first step is creating a Deriv account.
After logging in, you’ll see the dashboard where you can open trades, set parameters, and modify or close your trades. The platform also includes technical analysis tools to help you study market movements.
Menu bar tools:
- Reports – open positions, profit table, statements
- Cashier – deposit, withdraw, transfer funds
- Account settings – profile, password, security
- Account info – balances for demo and real accounts
Footer tools:
- Date / GMT time
- Live chat support
- Go to deriv.com
- Responsible trading
- Account limits
- Help centre
- Platform settings
How Deriv Trader enhances your trading experience
1. Minimum stake as low as 0.35 USD
Minimum stakes range from 0.35 USD to 1 USD, allowing beginners to start small and explore different strategies safely.
2. Contract duration as short as 1 second
Deriv Trader is one of the few platforms allowing trades as short as one second — offering fast entries and exits.
3. Risk management features
Features like stake/payout comparison, take profit, stop loss, and deal cancellation help you trade more responsibly.
The platform is easy to navigate with a clean layout designed for both beginners and experienced traders.
Try Deriv Trader with a demo account
Test all features with a demo account loaded with 10,000 USD in virtual funds.
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Disclaimer
Trading is risky. The information provided is for educational purposes only and not investment advice. Conditions vary by country.