Automated trading usually means learning to code. Well, Deriv Bot skips that requirement entirely. It’s a visual, drag-and-drop builder where you assemble trading logic from blocks instead of writing scripts, which puts algorithmic strategies within reach of traders who’ve never touched a programming language. The trade-off is flexibility: powerful for rule-based strategies, limiting if you need something genuinely complex. If you’re new to automated trading, Deriv provides an overview of Deriv Bot and its drag-and-drop strategy builder, including how you can start with pre-built strategies or create your own.
Before you can proceed further you will need to have a Deriv account.
Opening Deriv Bot for the First Time
You land on a workspace built around draggable blocks, rather than a chart and trade panel like Deriv Trader. Each block represents a condition or action, connected together to form a strategy.
No Coding Required
Rather than writing code, you drag blocks into place. Things like “if price rises” or “place a trade” that you connect visually to build the logic of your strategy.
Setting Your Risk Parameters
Within the blocks, you define your stake, trade type, and other parameters, so the bot knows exactly what to place and how much to risk on each trade.
Running the Bot
Once your blocks are connected, you click “Run”, and the bot begins executing your strategy automatically based on the conditions you’ve set, without needing you to place trades manually.
Saving and Reusing Strategies
Strategies can be saved to your device or Google Drive, letting you reload and adjust them later rather than rebuilding from scratch each time.
What Deriv Bot Actually Is
At its core, Deriv Bot is an automation layer sitting on top of Deriv’s own trade types, letting you set the rules once and let the platform handle execution from there. Our guide on How to Create Your First Trading Bot on Deriv walks through building a simple one from scratch, and What Are Deriv Trading Platforms? shows how it fits alongside Deriv’s other platforms.
Automating a strategy is one way to reduce manual effort on Deriv, but there’s also a way to earn from the platform that requires no strategy at all just referring others to it. Worth a look here.
FAQ: Deriv Bot Explained
Do I need any programming knowledge to use Deriv Bot? No, it’s built specifically as a no-code tool using draggable blocks instead of written code.
Can Deriv Bot trade on any market? It’s generally built around Deriv’s own trade types and synthetic indices, so check availability for other markets within the platform.
Where are my saved strategies stored? You can save them locally to your device or to Google Drive, letting you access them across sessions.
Is Deriv Bot available on mobile? Availability can vary, so check current access within the Deriv GO app or via mobile browser.
