Introduction
Deriv.com, a leader in online trading, has recently expanded its range of trading platforms by adding Deriv X, powered by Devexperts. This strategic move signifies Deriv’s commitment to providing cutting-edge trading solutions for its users. The collaboration with Devexperts, known for their expertise in developing high-performance trading platforms, highlights the innovative approach and dedication to enhancing user experience that both companies share. In this blog post, we’ll explore the features, benefits, and overall impact of Deriv X on the trading community, particularly focusing on traders in India.
Overview of Deriv X
Deriv X is a sophisticated trading platform that offers a white-labeled version of DXtrade, a product by Devexperts. This platform is designed to cater to a wide range of markets, including forex, commodities, and cryptocurrencies. By integrating Deriv X into its platform range, Deriv.com aims to provide traders with more versatile and powerful tools to navigate the complex world of online trading.
Unique Features of Deriv X
One of the standout features of Deriv X is its high level of customizability. Traders can personalize their interface, widgets, and workspaces to suit their individual trading styles and preferences. This flexibility ensures that users can create an optimal trading environment that enhances their decision-making process.
Another unique aspect of Deriv X is its offering of synthetic indices. These indices are available for trading 24/7 and are not influenced by political or economic events, making them a stable and reliable option for traders. The cryptographic security of these indices further ensures the integrity and safety of trades.
Customizability
Deriv X allows traders to tailor their trading experience to their specific needs. The platform’s customizable interface lets users rearrange widgets and adjust workspaces to create a personalized trading environment. This feature is particularly beneficial for traders who require a specific layout to optimize their trading strategies.
Synthetic Indices
Synthetic indices on Deriv X are designed to provide a stable trading option that is unaffected by external events. This means traders can focus solely on their trading strategies without worrying about geopolitical or economic uncertainties. The cryptographic security of these indices adds an extra layer of protection, ensuring the safety and reliability of trades.
Benefits for Different Types of Traders
Deriv X is designed to cater to both beginners and professional traders, offering a range of features that enhance the trading experience for all skill levels.
Beginners
For novice traders, Deriv X provides a user-friendly interface that is easy to navigate. The platform includes an embedded trading journal and dashboard that helps beginners keep track of their trades and analyze their performance. Additionally, the charting tools with indicators and drawing tools provide valuable insights that aid in making informed trading decisions.
Professional Traders
Professional traders will appreciate the advanced features of Deriv X, such as the ability to customize workspaces extensively. The platform also supports partial position closure, allowing traders to manage their risk more effectively. One-click trading functionality further enhances the speed and efficiency of executing trades.
Accessibility and Availability
Deriv X is available as a web-based platform and as a mobile app for both iOS and Android devices. This multi-platform accessibility ensures that traders can stay connected and manage their trades from anywhere, at any time. The global availability of Deriv X, with the exception of Europe, means that traders in India can fully utilize the platform’s features to enhance their trading experience.
Also Read: Boost Your Deriv Trading Game by 1000% with These Expert Price Action Insights
Statements from Key Figures
Jean-Yves Sireau, CEO of Deriv, expressed his enthusiasm for the launch of Deriv X, stating that the platform represents a significant step forward in providing innovative and client-centric trading solutions. He emphasized that the collaboration with Devexperts has enabled Deriv to offer a platform that meets the diverse needs of traders.
Vitaly Kudinov, SVP of Business Development at Devexperts, also highlighted the usability and scalability of Deriv X. He noted that the platform is designed to accommodate both novice and experienced traders, providing a comprehensive trading solution that enhances the overall user experience.
About Deriv
Founded with the mission to make trading accessible and straightforward for everyone, Deriv has grown into a global company with a strong presence in the online trading industry. Deriv.com offers a range of trading platforms and products, including forex, commodities, cryptocurrencies, and synthetic indices. With a workforce dedicated to innovation and customer satisfaction, Deriv continues to expand its reach and impact in the trading community.
Conclusion
The addition of Deriv X to Deriv.com’s platform range is a significant development that offers numerous benefits to traders in India and beyond. With its customizable interface, unique synthetic indices, and advanced features, Deriv X is poised to become a popular choice among both beginners and professional traders. As Deriv continues to innovate and expand its offerings, traders can look forward to a more versatile and powerful trading experience. Explore Deriv X today and see how it can enhance your trading journey.