Introduction

When selecting a forex broker, it’s crucial to evaluate the range of trading instruments they offer. Deriv, a prominent player in the industry, provides a diverse selection of trading instruments that sets it apart from other brokers. In this blog post, we will compare Deriv’s trading instruments with those of other brokers to highlight the advantages of trading with Deriv.

1. Extensive Forex Pair Selection

1.1 Major, Minor, and Exotic Currency Pairs

Deriv offers an extensive range of forex pairs, including major currency pairs like EUR/USD, GBP/USD, and USD/JPY. Additionally, traders can access minor currency pairs such as AUD/CAD and NZD/JPY, as well as exotic currency pairs like USD/ZAR and EUR/TRY. This wide selection ensures that traders have ample opportunities to trade the most popular and less common currency pairs.

1.2 Competitive Spreads

Deriv’s competitive spreads on forex pairs make it an attractive choice for traders. The tight spreads allow traders to enter and exit trades with minimal costs, enhancing their overall profitability. This competitive pricing sets Deriv apart from other brokers and attracts traders looking for favorable trading conditions.

2. Global Indices and Commodities

2.1 Access to Global Indices

Deriv provides traders with access to a wide range of global indices, allowing them to trade popular indices like the S&P 500, NASDAQ, and FTSE 100. This enables traders to diversify their portfolios and take advantage of market movements in different regions. The availability of global indices sets Deriv apart as a broker with a global reach.

2.2 Diverse Selection of Commodities

Deriv offers traders the opportunity to trade various commodities, including gold, silver, oil, and natural gas. This diversity allows traders to participate in different markets and hedge against inflation or geopolitical risks. Deriv’s wide selection of commodities distinguishes it from brokers that have a more limited offering.

3. Synthetic Indices for Unique Trading Opportunities

3.1 Proprietary Synthetic Indices

Deriv stands out by offering proprietary synthetic indices, which are unique assets designed to mimic real-world market conditions. Traders can speculate on the price movements of these synthetic indices, opening up additional trading opportunities beyond traditional instruments. This innovative offering sets Deriv apart from other brokers and appeals to traders seeking new and diverse markets.

Conclusion

Deriv’s trading instruments stand out in comparison to other brokers due to their extensive selection of forex pairs, competitive spreads, access to global indices, diverse range of commodities, and unique offering of synthetic indices. Traders can take advantage of the wide variety of trading opportunities available through Deriv’s platforms. Whether traders are looking to trade major currency pairs, global indices, commodities, or explore innovative synthetic indices, Deriv provides the necessary tools and instruments to meet their trading needs.