Deriv Bot, DBot and Binary Bot: what the names mean

Search for Deriv automation and you will meet three names for what is broadly the same idea. The overlap confuses newcomers and makes older tutorials hard to follow, so it is worth untangling.

The names

Binary Bot is the older name, from when the broker traded as Binary.com. A great deal of the strategy material circulating today, including many XML files, was written in that era and still carries the name.

Deriv Bot is the current name for the broker's own automated trading tool, following the rebrand to Deriv.

DBot is the shorthand people use for Deriv Bot, and it appears in URLs and in conversation more often than the full name.

In practice, when someone offers you a "DBot XML" or a "Binary Bot file", they are describing the same kind of artefact: a saved block workspace.

Does an old file still work?

Generally yes. The block format has been stable across the rename, which is why files shared years ago still load today.

BinaryTick's Bot Builder uses that same format, so a strategy exported from DBot or from Binary Bot imports here with its blocks intact, and you can keep editing it. Your logic comes across as you built it.

What does not automatically carry over is context. A file written for a market that has since changed name, or tuned for a tick rate different from the one you run it on, will load and run but will not behave the way its author intended. Reading the trade parameters block after importing is worth the thirty seconds.

What is different between platforms

The block format is shared. The surrounding product is not.

The differences that matter in practice are things like which strategies ship ready to run, whether their settings are visible without opening the editor, how the run panel reports what happened, and whether the strategies explain themselves.

On BinaryTick every bot explains how it works on its card and keeps every number it uses there too: duration, stake, staking, max stake, take profit, stop loss and max losses in a row, plus any entry and exit rules of its own. You can change any of them and press Run without opening the block editor, and you can open the editor when you want to change the logic itself.

The terminology in strategy files

Because so much material predates the rename, older tutorials use vocabulary that has shifted. If you are following a guide written for Binary Bot, expect some names to differ from what you see on screen while the underlying blocks match.

The block groups have been stable: trade parameters, purchase conditions, sell conditions, restart trading conditions, analysis and utility. If a tutorial refers to those, it will still make sense.

Which to use

If you already have strategies and a workflow, the practical question is whether your files import and whether the risk controls you need are present. On BinaryTick those controls sit on every strategy card rather than buried in the editor, which is the difference most people notice first.

If you are starting out, the more useful question is not which platform but whether you can read what a strategy does before you run it. A bot you cannot explain is a bot you cannot manage, whichever tool built it.

Every BinaryTick account starts on a demo balance of virtual funds, and every strategy is free to run, so importing an old file and watching it work costs nothing.