Forex

Deriv Launches Deriv X Trading Platform as Growth Continues

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Written By: Crispus Nyaga
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    Summary:
  • Deriv, a leading global provider of trading and investing solutions, launchd a brand new CFD trading platform known as Deriv X

Deriv, a leading global provider of trading and investing solutions, launched a brand new CFD trading platform known as Deriv X. The goal for the launch was to give its customers a variety of trading platfirms as its business grows. 

Deriv X was developed by a team of Devexperts, a software company that develops solutions for companies in the financial industry. It is based on DXtrade, a SAAS product that Devexperts offered.

The product will give users access to CFD trading on popular financial assets like cryptocurrencies, forex, and commodities. They will also give them access to synthetic indices that were developed by Deriv itself that are available on a 24/7 basis. Some of these indices are volatility, jump indices, step indices, and range break indices among others. In a statement, Jean-Yves Sireau, the CEO of Deriv said:

“Innovative thinking has always been the core of our growth strategy. Deriv is continuously working on introducing new products and services to give our clients the opportunity to utilise the latest technology. We put our clients at the centre of everything we do, and use all our resources to help them always be one step ahead of the market.”

Deriv is one of the oldest companies in the forex and CFD industry. It was started in 1999 and has 16 offices and 850 employees globally. Also, it has over 2.5 million customers from around the world. In addition to Deriv X, the company offers other platforms like DTrader, Deriv Go, DBot, and Binary Bot.

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Written By: Crispus Nyaga

Crispus Nyaga is an analyst and consultant with more than 8 years of experience. He started trading Forex while completing his BSc degree and he has worked for brokers like OctaFX, easyMarkets, & Capital. He has also contributed widely in leading websites like rkdream.com, SeekingAlpha, iNvezz, DailyForex, and BanklessTimes. In 2017, Crispus completed his MBA.

Published by
Written By: Crispus Nyaga