Comparison

Deriv Copy vs TraderWaves

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Deriv Copy

This app allows users to engage in social copy trading by following and mirroring the strategies of experienced traders. It automates the trading experience through a Deriv Standard account, offering risk management tools and a built-in interface for monitoring trades.

Highlights
  • Follow top traders
  • Automate trading strategies
  • Discover and analyze professional traders
  • Risk management tools
  • Built-in trading interface
  • Real-time trade execution
Features
Read full description

Copy trade with ease on Deriv Copy Deriv Copy is a social copy trading app that allows you to follow top traders, mirror their strategies, and automate your trading experience—all through your Deriv Standard account. Designed for both beginner and experienced traders, Deriv Copy helps you discover, analyse, and copy professional traders’ strategies across a wide range of trading markets.  Whether you want to learn from experts, diversify your trading portfolio or simplify your trading approach, Deriv Copy makes it effortless. Why choose Deriv Copy?   Follow top traders – Browse and select from a network of experienced traders. Automate your trading – Copy trades seamlessly, no manual execution needed. Diverse trading strategies – Choose from trend following, and more. Risk management tools – Set trade sizes, stop copying anytime, and adjust allocation. Built-in trading interface – Monitor copied trades and stay in control at all times. How it works Find a trader – Select top-performing strategy providers based on their performance. Set your risk – Customise trade size, leverage, and capital allocation. Copy automatically – Let the app execute trades in real time while you stay in control. Trade with confidence Deriv Copy provides a seamless, secure trading experience, fully integrated with Deriv Standard accounts. With real-time trade execution, transparent analytics, and flexible copy settings, you can trade pairs effortlessly while learning from top traders. Get started today! Download the Deriv Copy app and start copy trading in just a few steps.

About

TraderWaves

Track your trading performance with a comprehensive journal and analytics platform. Review trade history, analyze key metrics, and manage your workflow. Offers interactive charts and custom notes to enhance your trading strategy.

Highlights
  • Trade journal for decision review
  • Performance analytics and metrics
  • Detailed trade history
  • Daily journal and strategy notes
  • Interactive charts
  • Push notifications
Features
Read full description

TraderWaves is a trading journal and analytics platform built for traders who want a clearer view of their performance. Connect supported trading accounts, track your trade history, review key performance metrics, write journal notes, analyze charts, and manage your trading workflow from one place. Key features: - Trade journal for reviewing decisions and outcomes - Performance analytics and account metrics - Trade history with detailed execution review - Daily journal, strategy notes, and templates - Interactive charts and market review tools - Backtesting session review - Push notifications for important account activity TraderWaves is designed for analysis, journaling, and performance review. It does not provide financial advice, trading signals, or investment management. Trading involves risk, and you are responsible for your own trading decisions. Terms of Use (EULA): https://traderwaves.com/terms-of-service Privacy Policy: https://traderwaves.com/privacy-policy

Screenshots

Deriv Copy4 screens
TraderWaves4 screens

Verdict

The call

The clearest difference is rating: TraderWaves at 5.0 against Deriv Copy's 3.6. Deriv Copy's advantage is in-app purchases (none vs 2) and ratings volume (5 vs 1). On price, update cadence, ads and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. TraderWaves sells 2 in-app purchases, starting at $29.99 per month. Deriv Copy asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

TraderWaves holds the better App Store score, 5.0 against 3.6. That said, the two scores are not equally well evidenced: Deriv Copy has 5 ratings behind it against 1, so its average is the more settled of the two.

UpkeepUpdate frequency

Deriv Copy ships an update every 2 months, TraderWaves monthly. The most recent releases landed on September 15, 2026 and September 23, 2026 respectively.

Scorecard4 real differences · 5 level
Deriv Copy versus TraderWaves: the parameters behind the verdict, then further details
ParameterDeriv CopyTraderWaves
PriceFreeFree
Rating3.6 (5 ratings)5.0 (1 ratings) — better
Number of ratings5 — better1
Update frequencyEvery 2 monthsMonthly — better
AdsNoNo
In-app purchasesNo — betterYes
MonetizationAd-supported — betterFree with in-app purchases
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.015.0
Further details — not scored
Size68 MB53 MB
Age rating4+17+
DeveloperDeriv Investments (Europe) LtdWallace FX Ltd

Customer experience

Deriv Copy

All ratings5 ratings
Positive60.0%
Neutral0.0%
Negative40.0%

TraderWaves

All ratings1 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

None

Deriv Copy

No in-app purchases

2 purchases

TraderWaves

Subscriptions2
  • TraderWaves Pro Monthly$29.991 Month
  • TraderWaves Pro Yearly$239.991 Year

Questions

Is Deriv Copy free?
Deriv Copy is free to download, with no in-app purchases.
Is TraderWaves free?
TraderWaves is free to download, with in-app purchases available.
Which has better reviews, Deriv Copy or TraderWaves?
TraderWaves is rated higher. Deriv Copy averages 3.6 out of 5 from 5 ratings, while TraderWaves averages 5.0 from 1 ratings.
Do Deriv Copy or TraderWaves have ads?
Neither Deriv Copy nor TraderWaves shows ads.
Which is updated more often, Deriv Copy or TraderWaves?
Deriv Copy ships an update every 2 months, and TraderWaves monthly. Most recently, Deriv Copy was updated on September 15, 2026 and TraderWaves on September 23, 2026.

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