Trade Binary Options on Deriv — Platform Steps & Order Types
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Researches broker platforms and trading account Systems.
Many traders struggle not with the concept of a binary option but with the execution details: selecting the right asset, matching an expiry to your market view, and confirming the trade ticket so the order actually executes. On Deriv, price ticks, expiry rules, and payout calculations directly affect whether a position finishes in the money, so understanding the trading workflow and common execution pitfalls is essential before risking real funds.
This article breaks down the practical steps to place binary options trades on Deriv: choosing assets, reading the trade ticket, selecting expiry types and stake, and submitting call or put orders. You’ll also see how to validate entries with basic chart checks, use the demo environment to rehearse setups, and apply simple risk controls to manage stake size and exposure. The focus is actionable trading workflow and execution — not account setup — so you can start practicing trades with clarity and safety.
This article breaks down the practical steps to place binary options trades on Deriv: choosing assets, reading the trade ticket, selecting expiry types and stake, and submitting call or put orders. You’ll also see how to validate entries with basic chart checks, use the demo environment to rehearse setups, and apply simple risk controls to manage stake size and exposure. The focus is actionable trading workflow and execution — not account setup — so you can start practicing trades with clarity and safety.
What are options?
Options are products that allow for payouts from predicting market movements, without needing to buy the underlying asset. You only need to open a position that predicts how the asset will move over a period of time. This makes it possible for people to participate in the financial markets with minimal capital investment.
Options available on Deriv
You can trade the following options on Deriv:
- Digital options that allow you to predict the outcome from two possible results and earn a fixed payout if your prediction is correct.
- Lookbacks that allow you to earn a payout depending on the optimum high or low achieved by the market during the duration of a contract.
- Call/Put Spreads that allow you to earn up to the specified payout depending on the position of the exit spot relative to the two defined barriers.
Why trade options on Deriv
Fixed, predictable payout
- Know your potential profit or loss even before purchasing a contract.
All favourite markets and more
- Trade on all popular markets plus our proprietary synthetic indices that are available 24/7.
Instant access
- Open an account and start trading in minutes.
User-friendly platforms with powerful chart widgets
- Trade on secure, intuitive, and easy to use platforms with powerful chart technology.
Flexible trade types with minimal capital requirements
- Deposit as little as 5 USD to start trading and customise your trades to suit your strategy.
How options contracts work
Define your position- Select the market, trade type, duration, and specify your stake amount.
Get quote
- Receive payout quote or stake amount based on the position you have defined.
Purchase your contract
- Purchase the contract if you are satisfied with the quote or re-define your position.
How to buy your first options contract on DTrader
Define your position
1. Market
- Choose from the four markets offered on Deriv – forex, stock indices, commodities, synthetic indices.
2. Trade type
- Select your desired trade type – Up and Down, High and Lows, Digits, etc.
3. Duration
- Set the duration of your trade. Depending on whether you have a short-term or long-term view of the markets, you can set your preferred duration, starting from 1 to 10 ticks or 15 seconds to 365 days.
4. Stake
- Enter your stake amount to receive a payout quote instantly. Alternatively, you can set your preferred payout to receive a price quote for a corresponding stake amount.
Get quote
5. Get quote
- Based on the position you’ve defined, you’ll instantly receive a payout quote or a quote of the stake required to open your position.
Purchase your contract
6. Purchase your contract
- Place your order immediately if you are satisfied with the quote that you’ve received. Otherwise, continue to customise the parameters and purchase your contract when you are comfortable with the quote.
Options to trade on Deriv
Up/Down
Rise/Fall
Predict whether the exit spot will be strictly higher or lower than the entry spot at the end of the contract period.
- If you select ‘Higher’, you win the payout if the exit spot is strictly higher than the entry spot.
- If you select ‘Lower’, you win the payout if the exit spot is strictly lower than the entry spot.
Higher/Lower
Predict whether the exit spot will be higher or lower than a price target (the barrier) at the end of the contract period.
- If you select ‘Higher’, you win the payout if the exit spot is strictly higher than the barrier.
- If you select ‘Lower’, you win the payout if the exit spot is strictly lower than the barrier.
In/Out
Ends Between/Ends Outside
Predict whether the exit spot will be inside or outside two price targets at the end of the contract period.
- If you select ‘Ends Between’, you win the payout if the exit spot is strictly higher than the low barrier and lower than the high barrier.
- If you select ‘Ends Outside’, you win the payout if the exit spot is either strictly higher than the high barrier, or strictly lower than the low barrier.
Stays Between/Goes Outside
Predict whether the market will stay inside or go outside two price targets at any time during the contract period.
- If you select ‘Stays Between’, you win the payout if the market stays between (does not touch). either the high barrier or the low barrier at any time during the contract period.
- If you select ‘Goes Outside’, you win the payout if the market touches either the high barrier or the low barrier at any time during the contract period.
Digits
Matches/Differs
Predict what number will be the last digit of the last tick of a contract.
- If you select ‘Matches’, you will win the payout if the last digit of the last tick is the same as your prediction.
- If you select ‘Differs’, you will win the payout if the last digit of the last tick is not the same as your prediction.
Even/Odd
Predict whether the last digit of the last tick of a contract will be an even number or an odd number.
- If you select ‘Even’, you will win the payout if the last digit of the last tick is an even number (i.e. 2, 4, 6, 8, or 0).
- If you select ‘Odd’, you will win the payout if the last digit of the last tick is an odd number (i.e. 1, 3, 5, 7, or 9).
Over/Under
Predict whether the last digit of the last tick of a contract will be higher or lower than a specific number.
- If you select ‘Over’, you will win the payout if the last digit of the last tick is greater than your prediction.
- If you select ‘Under’, you will win the payout if the last digit of the last tick is less than your prediction.
Reset Call/Reset Put
Predict whether the exit spot will be higher or lower than either the entry spot or the spot at reset time.
- If you select ‘Reset-Call’, you win the payout if the exit spot is strictly higher than either the entry spot or the spot at reset time.
- If you select ‘Reset-Put’, you win the payout if the exit spot is strictly lower than either the entry spot or the spot at reset time.
High/Low Ticks
Predict which will be the highest or the lowest tick in a series of five ticks.
- If you select ‘High Tick’, you win the payout if the selected tick is the highest among the next five ticks.
- If you select ‘Low Tick’, you win the payout if the selected tick is the lowest among the next five ticks.
Touch/No Touch
Predict whether the market will touch or not touch a target at any time during the contract period.
- If you select ‘Touches’, you win the payout if the market touches the barrier at any time during the contract period.
- If you select ‘Does Not Touch’, you win the payout if the market never touches the barrier at any time during the contract period.
Asians
Predict whether the exit spot (last tick) will be higher or lower than than the average of the ticks at the end of the contract period.
- If you select ‘Asian Rise’, you will win the payout if the last tick is higher than the average of the ticks.
- If you select ‘Asian Fall’, you will win the payout if the last tick is lower than the average of the ticks.
If the last tick is equal to the average of the ticks, you dont win the payout.
Only Ups/Only Downs
Predict whether consecutive ticks will rise or fall successively after the entry spot.
- If you select ‘Only Ups’, you win the payout if consecutive ticks rise successively after the entry spot. No payout if any tick falls or is equal to any of the previous ticks.
- If you select ‘Only Downs’, you win the payout if consecutive ticks fall successively after the entry spot. No payout if any tick rises or is equal to any of the previous ticks.
High Ticks/Low Ticks, Asians, Reset Call/Reset Put, Digits, and Only Ups/Only Downs are available exclusively on synthetic indices.
Lookbacks
High-Close
When you purchase a ‘High-Close’ contract, your win or loss will be equal to the multiplier times the difference between the high and the close over the duration of the contract.
Close-Low
When you purchase a ‘Close-Low’ contract, your win or loss will be equal to the multiplier times the difference between the close and the low over the duration of the contract.
High-Low
When you purchase a ‘High-Low’ contract, your win or loss will be equal to the multiplier times the difference between the high and the low over the duration of the contract.
Lookback options are available only on synthetic indices.
FAQ
What is DTrader?
DTrader is an advanced trading platform that allows you to trade more than 50 assets in the form of digitals, multiplier, and lookback options.
What is Deriv X?
Deriv X is an-easy-to-use trading platform where you can trade CFDs on various assets on a platform layout that you can customise according to your preference.
What is DMT5?
DMT5 is the MT5 platform on Deriv. It is a multi-asset online platform designed to give new and experienced traders access to a wide range of financial markets.
What are the major differences between DTrader, Deriv MT5 (DMT5) and Deriv X?
DTrader allows you to trade more than 50 assets in the form of digital options, multipliers, and lookbacks.Deriv MT5 (DMT5) and Deriv X are both multi-asset trading platforms where you can trade spot forex and CFDs with leverage on multiple asset classes. The major difference between them is platform layout — MT5 has a simple all-in-one view, while on Deriv X you can customise the layout according to your preference.
What are the differences between the DMT5 Synthetic Indices, Financial and Financial STP accounts?
The DMT5 Standard account offers new and experienced traders high leverage and variable spreads for maximum flexibility.The DMT5 Advanced account is a 100% A Book account where your trades are passed straight through to the market, giving you direct access to forex liquidity providers.
The DMT5 Synthetic Indices account allows you to trade contracts for difference (CFDs) on synthetic indices that mimic real-world movements. It is available for trading 24/7 and audited for fairness by an independent third party.
FAQs
Open the trading screen for your chosen asset, select an expiry (tick, seconds, minutes, or longer), enter your stake, choose Call (rise) or Put (fall), check the displayed payout and fees, then confirm the order. Watch the trade ticket for real-time price and execution confirmation; practice the sequence on demo first.
Minimum stake and allowed expiries vary by asset and by the specific Deriv platform you use; some instruments support very short tick expiries while others offer minutes or longer. Always check the trade ticket for the current minimum stake and available expiry options before placing a trade.
First confirm market status and that the chosen expiry type is available for that asset. Check your internet connection, account balance, and whether your stake exceeds limits. Price feed volatility or temporary liquidity issues can cause rejections; retry on a different expiry or asset and reproduce the problem on demo. If the issue persists, collect timestamps and screenshots and contact Deriv support.
Yes. Withdrawals typically require KYC verification (identity and address documents) before funds are released. Verification also helps remove payment limits and reduces review delays. Ensure the withdrawal method matches your deposit rules and allow for any compliance checks if Deriv requests extra documentation.
Yes. Deriv provides a demo environment with virtual funds so you can place the same binary options trades, test expiry choices and order flow, and validate strategies without financial risk. Use demo to confirm you understand the trade ticket, execution feedback, and payout calculations before switching to a real account.
