Boom and Crash alternative

As a long-time trader of Deriv’s synthetic indices, I’ve witnessed firsthand how Boom and Crash have revolutionized non-currency trading.

These unique indices have become a cornerstone for traders seeking opportunities beyond traditional currency pairs.

However, the trading landscape is evolving, and today I’m excited to share my discovery of a compelling Boom and Crash alternative that could diversify your trading portfolio.

During my extensive experience with synthetic indices, I stumbled upon another broker offering indices with remarkably similar jump and drop mechanics to Deriv’s popular Boom and Crash.

This alternative not only mirrors the engaging volatility patterns we’ve come to love but also introduces its unique features that might catch your interest.

Whether you’re a seasoned Boom and Crash trader looking to expand your horizons or simply curious about synthetic indices, this alternative could be exactly what you’ve been searching for.

Let me walk you through what I’ve found.

BOOM AND CRASH ALTERNATIVE

Pain X and Gain X, are the intriguing synthetic indices that serve as alternatives to Deriv’s Boom and Crash. These indices operate on a similar principle but with a unique twist.

Pain X 400 functions as a growing index, characterized by an average of one price drop per 400 ticks.

Its counterpart, Gain X 400, is a decreasing index that experiences an average of one price jump per 400 ticks.

This symmetrical design offers traders a familiar yet distinct trading experience compared to the well-known Boom and Crash indices.

WELTRADE ACCOUNT TYPES

Weltrade offers four distinct account types tailored to different trader needs:

1. Micro Account (For Beginners)

    Minimum Deposit: Just 1 USD

    Perfect for those starting their trading journey

    Platforms: MetaTrader 4 and 5

    Trade Forex, Metals, Commodities, and Indices

    Floating leverage up to 1:1000

    Low entry barrier with flexible trading options

2. Pro Account (Best Choice)

    Minimum Deposit: 100 USD

    Expanded trading instruments including stocks

    Platforms: MetaTrader 4 and 5

    Tighter spreads (from 0.5 pips)

    Leverage up to 1:1000

    Suitable for more experienced traders

3. Premium Account (For Advanced Traders)

    Minimum Deposit: 25 USD

    Similar to the Pro account

    Trade Forex, Metals, Commodities, Stocks, Indices

    Flexible trading conditions

    Unlimited trading possibilities

4. SyntX Account (Suitable for Everyone)

    Minimum Deposit: 1 USD

    Unique platform: SyntX

    Ultra-high leverage up to 1:10000

    Zero-second execution speed

    Innovative trading experience

Common Features Across All Accounts:

 Multiple trading platforms

 Flexible leverage

 Support for various trading styles

 Copy trading available

 Expert advisors allowed

 Margin call and stop-out protections

Choose the account that best matches your trading experience, investment capacity, and financial goals.

WELTRADE TRADINGVIEW CHART

Weltrade provides traders with a comprehensive TradingView charting platform that offers in-depth market analysis tools.

The chart supports multiple trading instruments, including synthetic indices, and comes packed with features designed to help traders make informed decisions.

Key Chart Features:

 Multiple technical indicators

 Customizable time frames

 Advanced drawing tools

 Historical price data

 Real-time market tracking

 Pattern recognition capabilities

Synthetic Indices Coverage:

Traders can analyze and trade various synthetic indices directly through the platform, including:

 Pain X and Gain X indices

Flip X

 FX Vol

Technical Specifications:

 Compatible with desktop and mobile devices

 Low-latency data streaming

Customizable chart layouts

 Historical data analysis

The platform offers traders a comprehensive view of market movements, allowing for detailed technical analysis across different financial instruments.

Each feature is designed to provide traders with the necessary tools to understand market dynamics and make strategic trading decisions.

Users can explore the platform’s capabilities and determine how well it aligns with their individual trading requirements and analytical preferences.

WELTRADE SYNTHETIC SPREAD

As a trader who’s navigated both currency and synthetic markets, I’ve learned that spread costs can silently erode your trading profits.

With traditional forex pairs, I’d watch my margins get chipped away by hefty spreads—sometimes 2-3 pips on major pairs. But synthetic indices? That’s a completely different story.

Weltrade’s synthetic indices offer spreads 5-10 times tighter than traditional instruments. Let me break down what this means practically.

On a standard EUR/USD trade, you might start 2-3 pips in the hole. With these synthetic indices, you’re looking at spreads as low as 0.1-0.5 pips.

Take a 0.1 pip spread on a Pain X or Gain X index. That means your trade starts almost at breakeven. Every cent moves directly toward your potential profit, not eaten up by broker fees.

For day traders and scalpers, this is massive.

Those microscopic spreads mean:

More trading opportunities

 Lower entry barriers

 Reduced cost per trade

 Faster break-even points

 Cleaner risk management

When I traded currencies, those spreads were like a tax on every trade.

With synthetic indices, it feels like you’re trading with a direct line-to-market movement, without intermediary costs constantly nibbling at your potential gains.

This is a mathematical advantage that can significantly impact your trading performance.