Looking for Boom and Crash Brokers in South Africa?

You’re in the right place. In this post, I will introduce you to the only broker that offers Boom and Crash indices to South African traders, and I’ll show you how you can start trading these instruments immediately.

Boom and Crash are synthetic indices, a special class of trading instruments designed to simulate real market behavior using advanced algorithms. Because of this, they are not available on most traditional forex brokers.

Why Boom and Crash Are Becoming Popular in South Africa

Boom and Crash indices are rapidly gaining popularity among South African traders because they offer unique advantages over the traditional currency markets. For example:

• They are available 24/7, including weekends.

• They are not affected by fundamental news, such as interest rates, CPI reports, or NFP.

• You can trade them successfully with technical analysis and proper risk management, without needing deep knowledge of global economics or political events.

With the right trading strategy, many traders find Boom and Crash easier to understand than forex pairs.

Understanding Boom and Crash Indices

Boom and Crash are synthetic indices characterized by sudden spikes (on Boom) or sharp crashes (on Crash). Each index follows a distinctive tick pattern.

Boom Indices (Boom 1000, Boom 500, Boom 300)

Boom indices are known for intermittent sudden upward spikes after periods of consolidation.

• Boom 1000 Index—experiences an upward spike on average after every 1000 ticks.

• Boom 500 Index – spikes upward on average after every 500 ticks.

• Boom 300 Index—similar structure, but spikes occur more frequently.

These indices are often used for both scalping and spike-catching strategies.

Crash Indices (Crash 1000, Crash 500, Crash 300)

Crash indices behave opposite to boom. They are known for sudden downward crashes after upward consolidation.

• Crash 1000 Index—experiences a downward crash after every 1000 ticks on average.

• Crash 500 Index – crashes downward on average after every 500 ticks.

• Crash 300 Index—crashes more frequently because of its lower tick interval.

Crash is popular for sell-based strategies and reversal trading.

Which Broker Offers Boom and Crash in South Africa?

Boom and Crash indices are exclusively offered by one broker: Deriv.

No other forex or CFD broker in South Africa provides Boom and Crash because synthetic indices are proprietary instruments created by Deriv.
This means:

✅ If you want to trade Boom and Crash, you must create a Deriv account.
❌ You cannot find Boom and Crash on brokers like Exness, HFM, XM, FXTM, AvaTrade, or Markets.com.

What’s more? Deriv legally accepts clients from South Africa and supports multiple payment methods for SA traders.

Why Deriv Is the Best Boom and Crash Broker for South Africans

Here are the reasons South Africans prefer Deriv:

1. Synthetic Indices Are Exclusive to Deriv

Boom 1000, Boom 500, Crash 300, and other synthetic indices are only available on this platform.

2. Supports ZAR Deposits Through Local Methods

South African traders can deposit using:

• EFT / Bank transfer (via payment agents)

• Ozow

• Skrill

• Neteller

• Crypto (USDT, BTC, ETH, etc.)

3. 24/7 Trading Access

Boom and crash markets never close—not even on weekends or holidays.

4. Very Low Minimum Deposit

You can start trading with as little as $5–$10 depending on your preferred payment method.

5. MT5 and cTrader Support

Deriv allows you to trade Boom and Crash on:

• MT5 (Deriv MT5)

• cTrader (Deriv cTrader)

How to Start Trading Boom and Crash in South Africa (Step-by-Step)

Step 1: Create a Deriv Account

1. Visit Deriv’s website.

2. Click Create Free Account.

3. Register with your email.

4. Verify your email and log in.

We have a separate post on how to open a Deriv account and trade Boom and Crash with them.

Step 2: Create a Synthetic Indices MT5 Account

After signing up with Deriv, the next thing is to create a synthetic indices MT5 account so that you can trade boom and crash on MT5.

To begin, log in to your account and switch from option to CFD as shown below. Then click on the “get” button beside “standard account” to create a trading account.

We have a separate post on how to open a synthetic indices account on MT5.

Step 3: Fund Your Deriv Wallet (ZAR to USD)

South African traders can deposit using:

• Local payment agents (bank transfer)

• E-wallets (Skrill, Neteller)

• Crypto

• Credit/Debit card (depending on availability)

Deposits reflect almost instantly. We have a separate post on how to deposit on Deriv using cryptocurrency.

Step 3: Connect Your Trading Account to MT5

After creating a standard DMT5 account, the next thing is to connect your account to MT5. As shown on the image below, tap on the open button to open the DMT5 login details

Then copy the login ID and note down every other DMT5 login detail, as you will need them to sign in to your MT5 app.

After noting the MT5 login details, open your MT5 app and click on the plus button as shown in the image below.

Then search for “Deriv” and select “Deriv SVG” as the server in the search result;

Then enter your login details as you noted them previously

Then click on the login button, and you will be logged in to your DMT5 account automatically.

Step 5: Add Boom and Crash Indices to MT5

After connecting your synthetic indices trading account to MT5, the next thing is to add boom and crash indices to the MT5 quotes tab and start trading.

To begin, switch to the quotes tab and then click on the “plus button” as shown below.

Then search and select “Crash Boom indices” as shown below;

Then tick the specific boom and crash instrument that you want to trade so that they will be added to the quotes tab.

After ticking the specific boom and crash indices, they will be added to the quotes tab, and you can then start analyzing them and placing trades.

Is Boom and Crash Trading Legal in South Africa?

Yes.
Deriv accepts South African traders, and synthetic indices are not restricted by South African law. Thousands of traders in SA trade Boom and Crash daily.