DESCRIPTION: Trade your favourite currency against a basket of major currencies and benefit from reduced risk and volatility. Basket Indices allow you to trade your favorite commodity or currency against a basket of major currencies, each weighted by 20%. A basket option is a type of financial derivative where an underlying asset is a group, or basket, of commodities, securities, or currencies.
RESOLUTION STEPS: We provide Commodities and Forex basket which include Gold, AUD, EUR, GBP, and USD Basket. Here are the trade types and platforms that you can trade with Basket Indices:
- CFDs: Deriv MT5, Deriv X and Deriv cTrader.
- Options: DTrader, Deriv Bot and SmartTrader.
- Multipliers: DTrader, Deriv Bot and Deriv Go.
FOR FURTHER INFORMATION:
Deriv website: https://deriv.com/markets/synthetic/#synthetic