Accumulators, Multipliers, Turbos and Vanillas explained
/5 min read
Most Deriv guides stop at Rise/Fall and digits. The four contract types below are where the more interesting trades live, and each one is built around a different idea. Here is what each actually does, in the order they are easiest to learn.
Accumulators
An Accumulator grows your stake by a fixed percentage on every tick, as long as the price stays inside a range that moves with it. Choose the growth rate and the range is set accordingly: a higher growth rate compounds faster and gives you a tighter range to stay inside.
The position compounds tick after tick. You can close it and take the accumulated amount whenever you like, or set a take profit so it closes itself at a figure you named. If the price leaves the range, the contract ends.
What makes Accumulators distinctive is the shape of the decision. There is no direction call at all. You are not saying up or down. You are saying that the price will keep doing what it is doing, quietly, for a while. That makes them a natural fit for the calmer end of the Volatility range, and it makes the take profit the most important field on the screen: it decides the whole trade in advance, before the temptation to hold on for one more tick arrives.
Multipliers
A Multiplier gives you leveraged exposure to a price move. Pick a direction, pick a multiplier, and your profit and loss both scale by that factor. A move of 1% with a multiplier of 100 is a 100% move on your stake.
Two things make them comfortable to hold:
They have no fixed expiry. The position runs until you close it or one of your own limits closes it. There is no clock deciding your result for you, which is the opposite of a tick contract.
Your risk is bounded by your stake. The position closes automatically before it can cost more than you put in, and you can set a stop loss and a take profit to close it far earlier than that. Deal cancellation, where offered, lets you undo the trade within a short window for a small fee.
Multipliers are the closest thing on the platform to conventional leveraged trading, and they suit the higher volatility indices where a move worth multiplying actually happens. If you want to place a view and manage it yourself rather than automate it, this is usually the contract to reach for.
Turbos
A Turbo pays out in proportion to how far the price travels in your direction, measured against a barrier you choose. The further the price moves your way, the more the contract is worth, and you can close it at any time.
The barrier is the whole trade. Choose one close to the current price and the contract is cheap and responsive, but the price has less room before it touches the barrier and the contract ends. Choose one further away and you get more room at a higher cost.
That trade-off is explicit and it is yours to set, which is what people like about Turbos: you decide up front exactly how much room the market gets, and your loss can never exceed what you paid.
Vanillas
A Vanilla is a call or put option with a strike price and an expiry you choose. If the price finishes beyond your strike, the payout scales with how far beyond. If it does not, the contract expires and you lose the premium you paid, and no more.
Vanillas are the most familiar of the four to anyone who has traded options elsewhere, and they suit a view with a timeframe attached: you think the price will be above a level by a certain time, and you want the payout to reward being right by a wide margin.
How they compare
| Contract | The decision you make | Runs until | Loss capped at |
|---|---|---|---|
| Accumulator | Price stays in range | You close it, your take profit, or the range breaks | Your stake |
| Multiplier | Direction, with leverage | You close it, or your stop loss or take profit | Your stake |
| Turbo | Direction and how much room | You close it, or the barrier is touched | What you paid |
| Vanilla | Direction, level and timeframe | Expiry, or you close it early | The premium |
The common thread is worth noticing. On all four, the most you can lose on a trade is the amount you committed to it, and on all four you can name that amount before you enter. That is a different risk shape from a martingale sequence, where the exposure is decided by how the session goes rather than by you.
Where the settings live
All four are on the BinaryTick trade screen, priced live on every tick, on the same account your bots run on. The stop loss and take profit fields sit on the ticket itself, so the limits are set as part of placing the trade rather than as an afterthought.
They are available on the synthetic indices, which trade all day, every day, weekends included, and on forex, stock indices, commodities and cryptocurrencies wherever your Deriv account has access to them.
Trying them
Start on a demo balance, which every account has, and place one of each. Accumulators and Multipliers are the two most people keep using, so start there. Set a take profit on the Accumulator before you press buy, and a stop loss on the Multiplier, and you will have seen the two mechanics that matter within a few minutes.
If you would rather automate a view than place it yourself, the ready-made bot strategies are free to run on the same account.
Try any of this on a demo account.
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