Trying to pick a Deriv account for scalping but overwhelmed by options. Their suitability quiz asks about trade frequency and holding time, but I’m unsure how those map to actual platform features. For those who’ve used the quiz: does it reliably match trading styles to account types? Any tips to maximize compatibility?
Quiz matched me to RAW. Tight spreads work.
Answer the quiz based on your average daily trades and typical position size. Scalpers need low latency and raw spreads – the quiz weights these factors heavily. If you trade 20+ times daily with small lots, it’ll prioritize execution speed over other features. Test the recommended account with a demo first.
I took the quiz twice with slightly different answers. Got STP first, then RAW. Their support said it considers your leverage preferences too.
Maybe tweak responses about risk tolerance if you’re not getting the expected result.
Used the quiz for my 50+ trades/day strategy. It suggested RAW. Execution is solid but watch the commission structure. Rebates offset some costs.
Tip: Be brutally honest about your max drawdown tolerance. It affects margin requirements.