SOUTH AMERICA, ASIA, AFRICA, Sept. 02, 2022 (GLOBE NEWSWIRE) — Deriv Group Ltd, an international trading platform and services provider, has launched a CFD trading platform, Deriv X, a white-label version of DXtrade.
Deriv X, the latest addition to Deriv Group’s trading platforms, was developed in partnership with Devexperts, a software provider for global financial firms, on top of DXtrade, Devexperts’ SaaS trading solution.
The highly customizable Deriv X offers CFD trading on the most popular financial markets – forex, commodities and cryptocurrencies. Deriv has also integrated its proprietary synthetic indices into the platform. Available for 24/7 trading, these indices mimic real market movements while remaining unaffected by political and economic events. Synthetic indices offer clients a different UX and are based on a cryptographically secure random number generator and are regularly audited for fairness by an independent third party. These unique features make synthetic indices one of the most popular trading instruments among Deriv’s clients.
Volatility Indices – Deriv X
Deriv X also comes with a wide range of trading tools, making the platform a great choice for both novice and professional traders.
Beginners can benefit from key features, including:
- A customizable user interface that allows traders to drag and drop widgets and create unique layouts in multiple workspaces
- An embedded trading journal and dashboard to store all logs and track and analyze trading activities
- A chart with 90+ indicators and 13 drawing tools that allow traders to analyze multiple trades at once
Trade Forex on Deriv X
While professional traders can also benefit from:
- Multiple widgets that can be set up in a workspace can be moved from one workspace to another or even to a separate window. For example, if a trader relies on technical analysis, he can create a workspace consisting only of chart widgets.
- Partial position closure, which allows traders to implement more complex risk management trading strategies
- One-click trading that traders can enable by linking customizable watchlists across widgets
All of these features are available on Deriv X and accessible through the web-based trading platform and mobile trading app for iOS/Android. The platform is currently available to traders worldwide, with the exception of traders residing in Europe.
Jean-Yves Sireau, CEO of Deriv, on the launch of Deriv X: “Innovative thinking has always been at the core of our growth strategy. Deriv is continually working to introduce new products and services to give our customers the opportunity to take advantage of the latest technology and maximize their likelihood of success. We put our customers at the center of everything we do and use all our resources to help them stay one step ahead of the market.”
Vitaly Kudinov, SVP of Business Development at Devexperts said: “Startups and established brokers know that trading platforms are not just tools. Trading platforms are key elements of their business. The success of brokers depends heavily on how easy and user-friendly their platform is for clients, and how smoothly and quickly it can be scaled to support x2, x5, x10, and even x100 user accounts. To achieve this, some brokers build their own software, which is a long and expensive road. The road to creating ease of use and scalability for the Deriv X platform was extremely short as it is white-labeled by DXtrade. I am pleased to see Deriv’s international trading community benefit from Deriv X – a platform we have built with passion and integrity.”
About derivation
Deriv is one of the oldest brokers in the industry. Its history begins in 1999 with just one office and continues to this day with 16 offices in 13 different countries and over 850 team members. Deriv’s main mission is to make trading available to anyone, anywhere. And the company is certainly moving towards its goal, constantly introducing new platforms and services to its growing customer list.
PRESS CONTACT
Aleksandra Zuzic
[email protected]
Photos accompanying this announcement are available at:
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