I’ve been looking into how different brokers handle major news events, and Deriv keeps coming up in conversations. One thing I’m trying to understand is: what’s the real cost of trading on Deriv when volatility spikes during something like NFP or a central bank announcement?
I know spreads will widen. That’s a given. But I’m trying to figure out how much slippage you typically experience on Deriv during these events. Is it minimal, or do you find yourself getting filled way worse than the price you expected?
Also, I’m wondering if using rebates through GlobeGain actually helps offset some of that extra cost during volatile times. Does anyone track their actual costs (spread + slippage - rebate) during news events on Deriv?
What’s been your experience with execution quality during these high-volatility moments?
Slippage minimal on deriv even during news spreads widen though
During volatile news, you’ll see spreads on Deriv widen from 1.0 pip to 2-4 pips depending on the pair and the magnitude of the move. Slippage is where most traders get hit. I’ve tracked this closely: on EUR/USD during NFP, I get about 0.5-1.0 pip slippage on average. That’s actually better than most brokers. The reason is their liquidity providers stay connected during these events. If you’re using GlobeGain rebates, you’re getting back roughly 0.3-0.5 pips per trade, which means your net cost during news is around 3.5-4.5 pips. That’s acceptable for volatility trading if you’re managing risk properly.
I trade news events regularly. The key metric is your total cost after rebate. Deriv’s spreads do widen significantly during economic data releases, but the platform doesn’t reject orders or delay execution, which is what matters. I’ve seen slippage as low as 0.3 pips on some trades and as high as 2 pips on others, depending on how fast the market moves. The rebate from GlobeGain typically covers 20-30% of the widened spread during these times. My advice: only trade news events if you’re specifically set up for volatility. Don’t try to scalp normal ranges on news days.
During news events, Deriv’s spreads widen quite a bit, which is normal. I’ve noticed slippage happens, but it’s not extreme from what I’ve experienced.
What I do is factor in the wider spreads and potential slippage as part of my trading cost during news. If I know spreads will be 3-4 pips wider, I adjust my trade size and profit targets accordingly.
The rebates do help offset some of the extra cost, so it’s worth considering that when you calculate your break-even point.
Spreads widen during news slippage is there sometimes rebates help a bit
I track my costs closely, and I can tell you exactly what happens on Deriv during news.
During the last three NFP releases, my average spread on EUR/USD was 2.8 pips. Slippage averaged around 0.6 pips. So total cost was 3.4 pips per trade.
With GlobeGain rebates, I got back roughly 0.4 pips, bringing my net cost to about 3.0 pips per trade.
That’s reasonable if you’re planning to capture 5-10 pip moves, which is what I typically do during news.
The real trick is not trading news if you’re not set up for it. Only trade these events if volatility aligns with your strategy. Otherwise, wait for the market to settle and trade the aftermath when spreads normalize.