Boom and Crash Index On Deriv Review

Crash and Boom Index Trading On Deriv Review

Trade Crash and Boom Indices 24/7 on MT5, cTrader, Deriv Trader, Deriv X and Deriv GO

  •  Deriv Trader
  •  Trade Multipliers
  •  $5 Minimum Deposit
  •  MT5 & Deriv X
  •  1000:1 Leverage
  •  $1 Minimum Trade
Trade Crash/Boom Multipliers 24/7 on user friendly Deriv Trader & Deriv GO

Boom and Crash Indices on Deriv Review

Deriv is a Boom and Crash Index broker as it offers Crash and Boom Indices on its Deriv Trader, Deriv GO, Deriv EZ, MT5, cTrader and Deriv X platforms. Crash and Boom Indices are Synthetic Indices which simulate markets, they are not real markets and are based on a propriatory algorithm. As these Indices are synthetic, they may be traded 24/7.

Deriv itself is the rebranding of the well known and long established broker Binary.com. As a trading platform, Deriv packages Binary.com's platforms in a user friendly manner and adds additional platforms and features. Binary.com has moved to Deriv. Crash and Boom Indices may be traded with leverage up to 1000:1 (increasing leverage increases risk).

The trader may start on a demo account and try out the platforms and these Indices. Upon sign-up, Deriv Trader is the first platform to appear and this offers Crash and Boom indices as Multipliers. Navigating to the Trader's Hub, the trader can create accounts for MT5, cTrader and Deriv X, all of which offer leveraged trading of Crash and Boom Indices. Deriv GO is available as an app download (and can be found from the Trader's Hub). Deriv Sign-Up

MT5, cTrader, Deriv X and Deriv EZ offer leveraged trading. Deriv X is an innovative user friendly platform, while MT5 is the successor platform to MT4 with a range of advanced features. cTrader is a relatively user friendly platform with a wide range of features. Deriv EZ is integrated into the Deriv GO app, but requires a separate account which can be created from the Deriv GO app. On Deriv Trader and Deriv GO, Crash and Boom Indices may be traded as Multipliers. Multipliers are a way of multiplying the effect of movement in value.

Traders who want to trade Boom and Crash Synthetic Indices with leverage on Deriv X, MT5, cTrader and Deriv EZ and as Multipliers on a user friendly web trader (Deriv Trader) and an intuitive app (Deriv GO) may wish to check out Deriv. Feature availability and specifications can vary depending on the trader's region.

Deriv Crash And Boom Indices Trading Summary
Trading TypeDeriv PlatformsDescription
Crash And Boom Indices
Markets
MT5, cTrader, Deriv X, Deriv GO, Deriv EZ, Deriv Trader, cTrader
Deriv Platforms
Crash and Boom Indices simulate falling (Crash) or rising (Boom) markets and are offered as Crash 500 and Crash 1000 Indices and as Boom 500 and Boom 1000 Indices and as Crash 300 and Boom 300 Indices except on cTrader, where Crash 600, Crash 900, Boom 600 and Boom 900 Indices are available
Description
Margin Trading
Trading Type
MT5, cTrader, Deriv X, Deriv EZ
Deriv Platforms
Crash/Boom Indices can be traded with leverage up to 1000:1
Description
Multipliers
Trading Type
Deriv Trader, Deriv GO
Deriv Platform
On Deriv Trader and Deriv GO, Crash/Boom Indices may be traded as Multipliers, limiting loss to the stake, which is from $1
Description
24/7 Trading
Platform Feature
MT5, cTrader, Deriv X, Deriv GO, Deriv EZ, Deriv Trader
Deriv Platform
Crash/Boom Indices simulate falling or rising markets, and as such can be traded 24/7 on all platforms, with a minimum deposit of $5
Description

What are Boom Indices ?

Boom Indices spike upwards on average every 300, 500 or 1000 ticks (a tick is the shortest time frame for a change in value). On Deriv Trader, the user friendly platform available from the Deriv platform, on Deriv GO, on MT5 or on user friendly Deriv X the trader can select the Boom 500 or the Boom 1000 Index. On MT5, Deriv X and Deriv EZ, the Boom 300 Index is also available. On cTrader, the Boom 600 and Boom 900 Indices are offered instead.

The Boom 300 Index spikes on average every 300 ticks, the Boom 500 Index spikes up on average every 500 ticks, the Boom 600 Index spikes up on average every 600 ticks, the Boom 900 Index spikes up on average every 900 ticks and the Boom 1000 Index spikes up on average every 1000 ticks. In between spikes, movement in value is being traced out on the chart.

Taking an example from Deriv Trader, the market is selected from the top left hand box. When the Index is selected, it appears on the chart. The chart has a range of time frames from tick to day and Area, Candle, Hollow and OHLC charts. Looking at the chart from various time frames, the trader can see that patterns appear. So the market is not necessarily going up, even though it spikes up every 500 or 1000 ticks on average.

What are Crash Indices ?

Crash Indices spike down or dip every 300, 500 or 1000 ticks on average. They are available on MT5, cTrader, Deriv X, Deriv GO and Deriv Trader as Crash 300, Crash 500 and Crash 1000 Indices and on cTrader as Crash 600 and Crash 900 Indices. cTrader has its own exclusive offering of Crash and Boom Indices.

Candlesticks and market prices

Which platform to choose ?

Crash and Boom Indices are available on MetaTrader 5 (MT5), cTrader, Deriv Trader, Deriv GO, Deriv EZ and Deriv X. Each platform is offered as part of the Deriv suite of online trading platforms, so the trader can try each from Deriv (they can be found via the Trader's Hub tab). As Deriv GO (and Deriv EZ) is a mobile app it can be downloaded separately. The trader can use their Deriv account to log into Deriv Go when it is downloaded from the app store for their phone.

To trade these Indices on MT5, the trader creates a Derived account from the Trader's Hub on Deriv. The trader can then download desktop MT5 or use an MT5 web trader from Deriv or trade on MT5's mobile app. To trade on Deriv X, the trader creates Deriv X account. To trade on cTrader, the trader creates a cTrader account and can down load the desktop platform. To trade on Deriv GO, the trader downloads the app from the app store for their phone. To trade on Deriv EZ, the trader can create an account from Deriv GO.

Deriv Trader is part of the Deriv platform and is in fact the first platform which appears when opening Deriv. However, some differences include that Multipliers are offered on Deriv Trader, while MT5 provides leveraged trading with the features available on this platform, which is the successor to MT4. MT5 may take some practice in getting familiar with, while Deriv Trader aims to be intuitive and user friendly. Deriv X offers similar markets as MT5, in a user friendly platform. cTrader provides a different set of these Indices, in a feature filled trading platform. Deriv GO offers a simplified, intuitive way to trade Multipliers and Deriv EZ allows the trader to trade leveraged CFDs on Synthetics (and other markets) from within Deriv GO.

However the major difference is that on Deriv Trader and Deriv GO, Crash and Boom Indices are offered as Multipliers, while on MT5, cTrader, Deriv X and Deriv EZ, they are available with leveraged trading (up to 1000:1). Deriv Sign-Up

Trading Boom and Crash Indices as Multipliers

Trading Boom and Crash Indices as Multipliers are offered on Deriv Trader and Deriv GO. To give an example of trading a Multiplier on Deriv Trader, the trader chooses a stake from the tab on the right of the platform, which is the total amount which can be lost in the trade. They then choose a multiplier. The multiplier can be chosen from a range from x10 up to x1000, depending on the chosen market.

The multiplier can increase gains or losses. The gross gain or loss of a trade is the percentage change in the value of a market from the beginning to the end of the trade times the stake and the multiplier. These trades are open ended, until ended by a Stop-Out (when the potential loss equals the entire stake), by a Stop Loss, by the trader or by a Take Profit level.

Loss is limited to the stake (by the Stop-Out), gains are not limited, however given that the market tends to retrace and move in complex patterns, the market may effectively tend to limit possible gains.

cTrader

cTrader is an online trading platform which integrates features such as automated trading. cTrader is known for markets like Forex, however Deriv cTrader does provide 24/7 trading of Synthetic Indices in the shape of Volatility Indices and Crash/Boom Indices, in addition to a wide range of other markets. cTrader in fact has its own selection of these Indices. A cTrader account may be created from the Trader's Hub on the Deriv platform.

Is there a commission charge for the trade ?

There is a commission charge for each trade on Deriv Trader and Deriv GO which is based on the stake size and the Multiplier.

Trading Crash and Boom Indices on MT5

These Indices can be traded on MetaTrader 5. MT5 is the successor to MT5 and features a number of enhancements on this platform. The trader can trade them from the chart and use leverage up to 1000:1. Leveraged trading does not have a stake so loss is not limited.

What strategies can be used to trade Boom and Crash Indices ?

Spikes occur in other markets, up and down, the difference is that spikes occur with these Indices at regularized intervals. This does necessarily not make them any easier to trade. The trader may be tempted to scalp Boom and Crash Indices, this is a possibility, but the extent of the spike and what happens before the spike is not known, for example. That is, the patterns can still be complex. Deriv offers Demo Accounts and the trader can try trading on Demo Accounts before risking real money. There is a range of technical indicators available from the chart and the trader can see how effective these might be with these simulated markets.

Other Synthetic Indices

On MT5, cTrader, Deriv X, Deriv Trader and Deriv GO, Step Indices are available in addition to Crash and Boom Indices. Step Indices have an equal probability of moving up or down with each fixed step. There is also a wide range of Volatility Indices, which simulate different types of volatility, Jump Indices which jump 3 times an hour and have different volatility to choose from and on MT5, cTrader and Deriv X Range Break Indices which break the range every 100 or 200 attempts on average (so they simulate breakouts from ranges).

Additionally new Indices have been introduced, including the Drift Switching and DEX Indices. Drift Switching Indices simulate conditions around trends and the DEX Indices simulate volatile moves such as around news releases. Synthetic Indices can be traded as Multipliers on Deriv Trader and Deriv GO or with leveraged trading on MT5, cTrader, Deriv X and Deriv EZ.

Crash and Boom Indices on Deriv
PlatformDescription
Deriv Trader
Deriv Platform
Deriv Trader offers Crash and Boom Indices to trade as Multipliers
Description
Deriv GO
Deriv Platform
Deriv GO offers Crash and Boom Indices to trade as Multipliers, but on an intuitive moble app
Description
Deriv EZ
Deriv Platform
Deriv GO offers Crash and Boom Indices to trade with leverage, but from the intuitive Deriv GO app
Description
MT5
Deriv Platform
MT5 offers Crash and Boom Indices to trade with leverage up to 1000:1
Description
Deriv X
Deriv Platform
Deriv X offers Crash and Boom Indices to trade with leverage up to 1000:1
Description
cTrader
Deriv Platform
cTrader offers its own selection of Crash/Boom Indices
Description

What is the minimum and maximum order size ?

The minimum volume size for Crash and Boom Indices on MT5 is from 0.05 and the maximum volume size is up to 50, depending on the market. On Deriv X, the minimum volume is 0.20 and the maximum volume is 10. On Deriv Trader and Deriv GO the minimum stake size is $1 and the maximum stake is $2000. On cTrader, the minimum trade size is 0.2 lots and the maximum is 20 lots. The leverage available on MT5, cTrader and Deriv X and the small stake size on Deriv Trader and Deriv GO means that it can be possible to trade with a smaller account size, as well as larger.

What is the minimum deposit ?

The minimum deposit varies depending on the payment method used. The minimum is $5, but some payment methods may have larger minimums. However there is no minimum deposit to transfer to the MT5, cTrader or the Deriv X Synthetic accounts.

Account funding

Payment methods include Neteller, Skrill, Debit and Credit Cards and eWallets and in some regions cryptocurrencies. Crypto denominated accounts may be available, including Bitcoin, Ethereum, Litecoin, Tether Omni, Tether ERC-20 and USD Coin.

Why trade Crash and Boom at Deriv ?

Deriv offers an distinctive combination of online trading platforms in an intuitive package. The trader can trade with small order sizes or larger and can deposit relatively small amounts or larger as they wish. Deriv Trader offers a user friendly platform to trade Crash and Boom Indices 24/7 using Multipliers, which amplify the effect of changes in value of these Indices. Deriv GO provides an intuitive platform for mobile trading of Crash and Boom Indices as Multipliers. Alternatively the trader can trade these Indices 24/7 on the MT5 platform, on cTrader, on mobile Deriv EZ, and on Deriv X, using leverage up to 1000:1.