Deriv’s latest innovation, the Skew Step Indices, is here to shake things up! These indices take the familiar Step and Multi-Step Indices and add an exciting twist-uneven step sizes and probabilities. The result? A more dynamic and engaging trading experience that mimics real market conditions and opens up fresh opportunities.
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How do Skew Step Indices work?

Unlike traditional step indices that move in predictable, symmetrical steps, Skew Step Indices mix things up. Some moves are more frequent, while others are rarer but pack a bigger punch.

Every tick, a random number is generated to decide the step size and direction. This creates price movements with lots of small shifts and the occasional big jump-just like real markets. It’s a trading experience that keeps you on your toes!
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The Skew Step Indices lineup

Deriv has launched four variations, each offering a different blend of risk and reward. Whatever your trading style, there’s a Skew Step Index for you.
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Skew Step Index 5 Up

• 90% chance of small upward moves
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• 10% chance of a sharp drop 
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• Volatility: 19.36%

Skew Step Index 5 Down

• 90% chance of small downward moves
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• 10% chance of a sharp rise
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• Volatility: 19.36%

Skew Step Index 4 Up

•  80% chance of small upward moves
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• 20% chance of a sharp drop
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• Volatility: 14.30%

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Skew Step Index 4 Down

• 0% chance of small downward moves
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• 20% chance of a sharp rise
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• Volatility: 14.30%

How are they different from step and multi-step indices?

Step Indices have fixed step sizes and symmetrical probabilities. Multi-Step Indices mix up step sizes but keep probabilities even. Skew Step Indices? They do both-different step sizes AND uneven probabilities. That means price movements are more unpredictable, bringing a whole new level of excitement and opportunity to synthetic trading.

Understanding volatility is key here. Skew Step Indices offer a middle ground between Step and Multi-Step Indices. The volatility comparison plot below shows how they stack up.
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Why trade skew step indices?

With their asymmetrical design, these indices provide a fresh, more dynamic trading experience while still keeping things predictable with clear step sizes and probabilities. Whether you’re looking for frequent small wins or the occasional big move, there’s an index that fits your style.

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Start trading skew step indices today

Skew Step Indices are here to redefine synthetic trading. They bring a mix of excitement and strategy, allowing traders to manage risk more effectively while exploring new opportunities.

Open a free practice account and try them out on Deriv MT5 and cTrader. Or, if you’re new to synthetic indices, check out our free courses on Deriv Academy and get up to speed.

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