is deriv synthetic indices better than real indices?
Andy I think derived indices are more subject to manipulation in favor of the broker because they are not even real. I mean everything is fake and setup like a computer game.
I used to trade synthetic indices with deriv before but I stopped and focused more on real indices which are more honest & transparent; not something cooked up in a lab by some broker.
synthetic indices can be customized to make the prices change faster or slower, while ordinary indices cannot be customized as they move with the flow of the market.
Synthetic indices is like running on a treadmill while ordinary indices is like running in the wild. For beginners, I think synthetic indices are better since their volatility can be adjusted and lowered to mild.
I think synthetic indices can be manipulated by the brokers offering them causing you to lose in the long run
I think synthetic indices can be manipulated by the brokers offering them causing you to lose in the long run
It's possible.
Synthetic indices are created and controlled by the broker, so some traders worry they can be manipulated against you.
Unlike real forex pairs (which are traded on the global market), you only have the broker's word that the prices are fair. Many people prefer sticking to major currency pairs for that reason. Always trade carefully.
synthetic indices can be customized to make the prices change faster or slower, while ordinary indices cannot be customized as they move with the flow of the market.
Synthetic indices is like running on a treadmill while ordinary indices is like running in the wild. For beginners, I think synthetic indices are better since their volatility can be adjusted and lowered to mild.
Synthetic indices let you adjust how fast or slow the price moves, which can make them easier for beginners to learn with lower volatility. Real indices follow the actual market, so you can’t change their speed. Both have their place depending on your experience level.
I prefer trading real indices
Many traders prefer real indices because they often feel more predictable and less chaotic than forex pairs or meme coins. Good luck sticking with what works for you.
I think synthetic indices can be manipulated by the brokers offering them causing you to lose in the long run
Synthetic indices is just like prop firm, promises real money but it is skewed in favor of the developer. Its all part of the bigger plan by some people to gamify trading