Binary Options 

What are multipliers?

Multipliers allow you to profit from correctly predicting whether the market will go up or down. You select either ‘Up’ or ‘Down’ to open a position and win by closing the trade when the market price is higher or lower than your entry spot.

This unique product combines the features of digital options and CFD margin trading. When trading multipliers, your risk is limited to your stake amount, but your profit increases as long as the market continues to move in the direction that you have predicted.

Multipliers available on Deriv

You can trade the following multiplier products on Deriv:

  • Up multiplier allows you to earn a profit by closing your position when the market price is higher than the entry spot.

  • Down multiplier allows you to earn a profit by closing your position when the market price is lower than the entry spot.

In both scenarios, your profit is calculated as the percentage change in market price times stake amount and your multiplier value.

How to buy your first multipliers contract on DTrader

Define your position

Set optional parameters for your trade

Purchase your contract

Things to keep in mind when trading multipliers

Stop out

With or without a stop loss in place, we will close your position if the market moves against your prediction and your loss reaches the stop-out price. The stop-out price is the price at which your net loss is equal to your stake.

You can’t use stop loss and deal cancellation features at the same time.

This is to protect you from losing your money when using deal cancellation. With deal cancellation, you are allowed to reclaim your full stake amount if you cancel your contract within an hour of opening the position. Stop loss, on the other hand, will close your contract at a loss if the market moves against your position. However, once the deal cancellation expires, you can set a stop loss level on the open contract.

You can’t use take-profit and deal cancellation features at the same time.

You can’t set a take-profit level when you purchase a multipliers contract with deal cancellation. However, once the deal cancellation expires, you can set a take profit level on the open contract.

Cancel and close features are not allowed simultaneously.

If you purchase a contract with deal cancellation, the ‘Cancel’ button allows you to terminate your contract and get back your full stake. On the other hand, using the ‘Close’ button lets you terminate your position at the current price, which can lead to a loss if you close a losing trade.

Start trading multipliers on Deriv

Practise

Open a demo account on Deriv and practise with an unlimited amount of virtual funds on our award-winning platforms.

Trade

Open a real account, make a deposit, and start trading multipliers for real.

Withdraw

Conveniently withdraw your funds through any of our supported withdrawal methods.

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