# Steps to trade with Multipliers

**URL:** https://community.deriv.com/t/steps-to-trade-with-multipliers/33671
**Category:** Trading Platforms
**Created:** [July 20, 2022, 12:38pm UTC](https://community.deriv.com/t/steps-to-trade-with-multipliers/33671 "2022-07-20T12:38:46Z")
**Posts on this page:** 2
**Page:** 1

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### Author: ![Sakina\_derivadmin](https://sea2.discourse-cdn.com/flex020/user_avatar/community.deriv.com/sakina_derivadmin/32/5512_2.png) [@Sakina\_derivadmin](https://community.deriv.com/u/Sakina_derivadmin)
#### Post date: [July 20, 2022, 12:38pm UTC](https://community.deriv.com/t/steps-to-trade-with-multipliers/33671/1 "2022-07-20T12:38:46Z")

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Dear Members,

If you are unsure of how multipliers contracts work, this article might help you 🙂

## **Define your position**

Select the market you want to trade and set other essential parameters including trade type, stake amount, and multiplier value.

 ![Instruments](https://us1.discourse-cdn.com/flex020/uploads/deriv/original/2X/2/2afc3f4a67765ff9a64b0f0e9ff0158eceb2b5b5.png)

 ![Define the parameters of your multiplier](https://us1.discourse-cdn.com/flex020/uploads/deriv/original/2X/4/47750650b84750d2888787fe7db1aecf8d2312cb.jpeg)

## **Set optional parameters**

Define optional parameters that give you more control over your trading, including stop loss, take profit, and deal cancellation.

 ![Optional Parameters](https://us1.discourse-cdn.com/flex020/uploads/deriv/original/2X/f/fc1b7a06fbbfbd3b175c3b8fdaf3bdd9cc2ca5d0.jpeg)

## **Purchase your contract**

Purchase the contract if you are satisfied with the position you have defined.

Haven’t created a Deriv account yet? Click [here](https://deriv.com/signup/)to get started right away!

If you have any questions, please visit our Help Centre or contact us via Live Chat and WhatsApp.

> **[Help Centre | Frequently Asked Questions | Deriv](https://deriv.com/help-centre)**
>
> Have questions on your trading account, how our trading platforms work or about trading? Read our FAQ’s or contact us through Deriv live chat.

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<div class="post-metadata">

### Author: ![Sakina\_derivadmin](https://sea2.discourse-cdn.com/flex020/user_avatar/community.deriv.com/sakina_derivadmin/32/5512_2.png) [@Sakina\_derivadmin](https://community.deriv.com/u/Sakina_derivadmin)
#### Post date: [July 21, 2022, 9:14am UTC](https://community.deriv.com/t/steps-to-trade-with-multipliers/33671/2 "2022-07-21T09:14:33Z")

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