Broad Market Coverage

The DTrader platform supports trading in a wide range of assets, including forex, stock indices, commodities, and cryptocurrencies. Additionally, Deriv offers unique synthetic indices that are available for trading 24/7, ensuring that traders never miss an opportunity.

Types of Trades on DTrader

DTrader provides two main types of trades: options trading and multipliers.

1. Options Trading: This allows users to predict the price movements of an asset without needing to own the asset itself. The platform offers three types of contracts: Ups & Downs, Highs & Lows, and Digits, catering to various strategic needs.

2. Multipliers: Similar to leveraged trading, multipliers amplify potential profits, but the potential loss is limited to the initial capital. Multiplier trading enhances the profit potential while offering risk management tools such as take profit, stop loss, and cancel trades.

Creating a Deriv Account

Users can easily create a Deriv account and start trading. Once logged in, the DTrader dashboard becomes the command center for trading activities, offering technical analysis tools and a variety of menu options, including reports, cashier for funds management, and account settings.

Key Features

Some of the key features of the DTrader platform include:

• Low Starting Capital: Begin trading with as little as $0.35, making it accessible for beginners.
• Short Contract Durations: Contracts can last as short as one second, providing quick trading opportunities.
• Comprehensive Risk Management: Detailed tools for managing equity and potential outlays before trading, along with stop loss, take profit, and cancel trade options.

Advantages of Multiplier Trading

For traders concerned about the risks associated with traditional leveraged trading, Deriv's multiplier trading offers a safer alternative. The automatic stop-loss feature ensures that losses do not exceed the initial investment, allowing traders to enjoy increased market exposure without assuming excessive risk.

Steps to Use Multiplier Trading

1. Log In: Access your Deriv account.
2. Set Up: Choose an asset, select "Multipliers," define your capital, and set your desired multiplier value.
3. Optional Settings: Use parameters for take profit, stop loss, and cancel trade.
4. Start Trading: Predict whether the market will rise or fall, and you're ready to go!

Options Trading on Deriv

Options trading on Deriv involves speculating on the future direction of the market. If the prediction is accurate, profits are earned. Deriv offers various types of options, such as digital options, lookbacks, and bull/bear spreads, each with unique advantages including limited risk, low capital requirements, and unparalleled flexibility.

Risk Management Tools on DTrader

Deriv's multiplier trading is equipped with several risk management tools:

• Automatic Stop-Loss: Ensures that losses do not exceed the invested capital.
• Take Profit: Automatically locks in profits once they reach a set threshold.
• Stop Loss: Sets a limit on potential losses before reaching the initial capital.
• Cancel Trade: Allows the option to cancel a trade within a specified timeframe.

FAQs

1. Advantages of DTrader: DTrader blends a simple interface with powerful features, making it suitable for both new and seasoned traders.
2. Tradable Assets: Include forex, stock indices, commodities, cryptocurrencies, and synthetic indices.
3. Types of Trades: The platform offers two primary trading types: options and multipliers.
4. Risk Management Features: These include take profit, stop loss, and cancel trade, which help traders effectively manage risk.