Deriv.com Reviews

3.3

52% would recommend to a friend

(576 total reviews)
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Rakshit Choudhary

34% approve of CEO

52% positive business outlook

Deriv.com has an employee rating of 3.3 out of 5 stars, based on 576 company reviews on Glassdoor which indicates that most employees have a good working experience there.

Reviews by job title

576 reviews
1.0
11 Jul 2024
Recommend
CEO approval
Business outlook

Pros

- While the CEO has managed to create a disguised gambling company that takes money from the poorest and most vulnerable countries in the world to feed him and his businesses, you'll probably not have to spend any time speaking to him as he never communicates with the majority of the Reading team. * (the UK, and several other countries have thankfully made his practices of binary/options trading illegal, but no worries, he manages to rebrand multiple times to hide this from those other poorer countries, where it is still legal.) - You probably won't have to suffer very long. People are constantly fired or forced out by the VP's at Reading for ridiculous and vague reasons. You probably won't last more than 6 months. I've watched several of the best developers I've ever met get fired, and it's horrible to watch.

Cons

- The VP's do absolutely nothing, and when they get called out on it, they pick a random staff member, blame them and then fire them or force them out. - It's an extremely hierarchal company with multiple layers of useless incompetent management that have no idea how to communicate with each other. - The company is really run from Malaysia, and the Reading team get zero say in anything. As the CEO and his buddy Rakshit are based in Malaysia, they will constantly exclude the Reading team from decision making and just go and ask the team in Malaysia. The Malaysia team will not give you any information or share any important meetings with you. You will be penalised for this, probably fired, as they wonder why developers can't take more responsibility from them. - The VP's at Reading do nothing to bridge the huge communication gap between Malaysia. However, to his credit, even if they where capable of leadership, it's an unsolvable problem as the CEO doesn't care about or respect the team. - If you're lucky to be given any direction at all, it will be changed within a few days. You will never be able to get anything done, as by the time you've interpreted the unclear requirements, you'll be switched onto something new. The VP's will take no responsibility or accountability for anything. They are mostly invisible and just expect everyone to know what the CEO and board are thinking. Then when a tiny thing goes wrong, it's everyone else's fault but their own. - You'll know right from your first day that you've made a mistake. It's not the fact that Deriv is a gambling company that's the problem, it's how they disguise it and trick vulnerable people into actually thinking they can make money at his betting company. You will be complicit in this if you join, where you will be told not to use gambling terms like "bet" as it will give away the truth to their customers. You will have no say or voice in this, and will be made to do constantly questionable things. - Developers are tracked only on "commits to production" and slack message counts. They have an internal app that tracks the lines of code every developer writes, but it doesn't actually work, so developers are constantly not meeting their undefined commit line targets. As there is poor leadership ability in the Reading office, that's the only way they think they can track the performance of their developers. - There is zero atmosphere and everyone is constantly on edge, fearful they will be the next victim of the firing addiction.

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Deriv.com Response
1y
Your feedback has been noted. We take all reviews seriously and will address the concerns you've raised regarding communication, management practices, and the workplace environment. Our aim is to continuously improve and provide a supportive and productive atmosphere for all employees. We encourage open communication and maintain an open-door policy to address concerns and suggestions from our team members. Feedback from both past and present employees is invaluable to us. We wish you all the best in your future endeavours.
1.0
1 Apr 2024
Recommend
CEO approval
Business outlook

Pros

Decent technology stack Friendly lower-level staff (especially outside of Malaysia)

Cons

COO openly promotes a toxic, bullying culture (shouting and insulting staff etc.), blind eye turned by other senior leadership. No professional support or leadership with plenty of scapegoating. Staff treated as disposable items with no benefits. Business model is shady/predatory

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Deriv.com Response
2y
Thank you for taking the time to share feedback on your time working at Deriv. Feedback from both past and present employees is an invaluable part of our process to evaluate and continuously improve our workplace and culture. We wish you all the best in your future endeavours.
1.0
8 Dec 2025
Recommend
CEO approval
Business outlook

Pros

- SOME of the people are a pleasure to work with

Cons

- Very Micromanaging - Need to be in the inner circle to advance in your career here - Over hired. Completely mismanaged company. Trying to copy X with AI. The CEO thinks he's Elon Musk but they prey on vulnerable people trading at 1:1000. Very unethical - Dictatorship - Please do not join for your own sanity.

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Deriv.com Response
5mo
At Deriv, we're committed to creating a workplace where talent is recognised and developed. We invest in leadership training and maintain open channels for feedback because we believe great cultures are built on continuous improvement. Our trading platform serves more than 3 million clients globally, and we take our regulatory responsibilities seriously. We operate under strict oversight across multiple jurisdictions and design our products to support informed trading decisions. We appreciate you taking the time to share your perspective. We wish you success in your next chapter.
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Glassdoor has 629 Deriv.com reviews submitted anonymously by Deriv.com employees. Read employee reviews and ratings on Glassdoor to decide if Deriv.com is right for you.