Synthetic Indices: New Instruments For Trading The Markets.

moonchild

VIP Contributor
Synthetic indices are new type of instruments that you can trade with, they move similar to forex markets, even though there are some differences.

But to a larger extent the charts are the same, and one of the biggest advantages of synthetic indices over currency market is, they run 24/7 including weekends, without further ado, let's learn how we can set up an account and start trading.

To get started with synthetic indices, log in to Deriv.com which is the official website for the instruments and then create an account, it's a normal procedure that shouldn't take you more than four minutes, after creating an account, you'd have to verify your email.

Deriv doesn't require any verification to start trading less you're starting with large amount running into hundreds of thousands of dollars, which I think isn't the case for you.

After verifying your email, go ahead and create a new synthetic account which is the first section of the website, they'll automatically generate a username and password for you.

Then you go to playstore and install Meta trader5 which is the terminal you can use to trade, use your login details from Deriv to sign in to your mt5.

And that's all you need to get started with synthetic indices trading.
 
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