Prove $f $ is identically zero if $f(0)=0$ and $|f'(x)|\le|f(x)|$

Iterate the estimate. Fix $x = x_0$ with $\lvert x\rvert < 1$, then for every $n \geqslant 1$, there is an $x_n$ (with $0 < \lvert x_n\rvert < \lvert x_{n-1}\rvert$) such that $$\lvert f(x)\rvert \leqslant \lvert x\rvert^n\cdot \lvert f(x_n)\rvert.$$ Deduce $f \equiv 0$ on $(-1,1)$. Use a similar argument to deduce $f \equiv 0$ on $\mathbb{R}$.

First, I will show that $f$ is identically zero on $[0,1]$.

Suppose that $|f|$ attains a maximum at a point $m$, which is guaranteed by the Extreme Value Theorem. We can assume that $m < 1$, since

$|f(1)| \le |f(c)|$ for some $c \in (0,1)$.

It follows that

$|f(m)| \le m |f(c_m)|$, where $0<c_m < m$.

If $|f(c_m)|\ne 0$, then we have $|f(m)| < |f(c_m)|$, which contradicts the maximality of $|f(m)|$. Therefore, $f(c_m) = 0$, and $f(m) = 0$, and $f$ must be identically zero on $[0,1]$.

Now, you can apply the mean value theorem to obtain $|f(x)| < |x-1| |f(c)|$ for $c$ in $(1,x)$, and apply the same argument to $[1,2]$, then to $[2,3]$, etc.

Note that same argument can be used to $[-1,0]$, $[-2,-1]$, then to $[-3,-2]$, etc.