Turbo Options

With Turbo Options, you can earn a payout if your predictions are right and if the spot price does not touch or breach a predetermined barrier.

Turbo options allow you to predict the direction of the underlying asset's movements.

You receive a Payout at Expiry if the spot price never breaches the Barrier during the contract period. If it does, your contract will be terminated early.

If you select "Up", you'll earn a Payout if the spot price never drops below the Barrier.

If you select "Down", you'll earn a Payout if the spot price never rises above the Barrier.

Your payout is equal to the Payout per point multiplied by the distance between the Final price and the Barrier. You will only earn a profit if your Payout is higher than your initial stake.

You may sell the contract up to 15 seconds before expiry. If you do, we'll pay you the Contract value.
If you choose your duration in number of ticks, you won't be able to terminate your contract early.

Trading Flow

1. Authorize using your token: Call authorize API using your token. Ensure that the token has the trading scope enabled.
2. Fetch Available Instruments: Use the active_symbols API to retrieve a list of all trading instruments offered on Deriv.
3. Get Contract Details: Using the contracts_for API, obtain a list of contracts available for a specific instrument.
4. Request a Price: Use the proposal API to get a quote. This will return an ID for the proposed trade.
   For the turbo options, use the following:
   1. Set contract_type as:
      1. For Turbo Up, use:"TURBOSLONG"
      2. For Turbo Down, use: "TURBOSSHORT"
   2. Take profit: If you select this feature, your trade will be closed automatically when the value of the contract reaches a specific profit.
      Eg: Set limit_order as:

      limit_order : { take_profit: 150 }

5. Buy the Contract: Execute the trade by using the buy API with the ID from the proposal response. This action returns a unique contract_id.
6. Monitor the Contract Status: Check the contract’s progress or outcome using the proposal_open_contract API with the contract_id.
7. Close the Contract Early (if Needed): If you want to exit before the contract’s expiration, use the sell API with the contract_id.