Deriv Copy vs TraderWaves
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- Follow top traders
- Automate trading strategies
- Discover and analyze professional traders
- Risk management tools
- Built-in trading interface
- Real-time trade execution
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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.
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.
- Trade journal for decision review
- Performance analytics and metrics
- Detailed trade history
- Daily journal and strategy notes
- Interactive charts
- Push notifications
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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
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Verdict
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
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.
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.
Deriv Copy ships an update every 2 months, TraderWaves monthly. The most recent releases landed on September 15, 2026 and September 23, 2026 respectively.
| Parameter | Deriv Copy | TraderWaves |
|---|---|---|
| Price | Free | Free |
| Rating | 3.6 (5 ratings) | 5.0 (1 ratings) — better |
| Number of ratings | 5 — better | 1 |
| Update frequency | Every 2 months | Monthly — better |
| Ads | No | No |
| In-app purchases | No — better | Yes |
| Monetization | Ad-supported — better | Free with in-app purchases |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.0 | 15.0 |
| Further details — not scored | ||
| Size | 68 MB | 53 MB |
| Age rating | 4+ | 17+ |
| Developer | Deriv Investments (Europe) Ltd | Wallace FX Ltd |
Customer experience
Deriv Copy
TraderWaves
In-app purchases
Deriv Copy
No in-app purchases
TraderWaves
- TraderWaves Pro Monthly$29.991 Month
- TraderWaves Pro Yearly$239.991 Year
Questions
Is Deriv Copy free?
Is TraderWaves free?
Which has better reviews, Deriv Copy or TraderWaves?
Do Deriv Copy or TraderWaves have ads?
Which is updated more often, Deriv Copy or TraderWaves?
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