Darwinex Review Summary
Darwinex Review Highlights
Pros & Cons
- Faible spreads
- Traders only paid off for results
- Providing free demo
- Phones support
- Good assistance and detailed guides
- FSCS (UK) for the safety of capital
- You depend on the proprietary indicators of Darwinex
- A fairly new platform
- Divergencies/slips can be severe
- Not absolutely free
The story started out with Tradeslide Trading Tech in 2012. That company changed its name to Darwinex 2 years later. They are based in London and are overseen by the FCA. There is another entity in Spain and the firm overall serves clients from over a hundred nations and is renown around the globe.
They give investors and traders alike chances to swap, all the while giving a 20 percent success charge. Darwinex is fair and honest in their operations and controls uncertainties.
They trade orders sent straight to the marketplace, in the same time developing algorithms and disruptive tactics. This all means they utilize DMA execution and institutional quality spreads.
The firm provides fx, digital currencies, commodities and CFDs on major stock indices via the MetaTrader4 and MetaTrader5 platforms, along with FIX APIs
There are also competitions for trades on a monthly basis. This comes with heaps of educational materials and good client care.
Is this a secure broker?
This firm is regulated by the FCA. The funds of customers are kept segregated all the time and in different banking account to make sure that funds are not misused by the company. Their users are also members of FSCS, meaning they are protected for up to 50k GBP in case of insolvency. Negative equity security is also in place if you lose more than you kad in your account at first.
Platforms for Trades
The proprietary tech they use took five years to analyse and improve. This was done via the Quant team. A wuick-execution DMA model is also provided.
This broker offers both MetaTrader 4 and 5 to clients. They can be accessed via desktop, mobile phones…
They also have FIX APU features and libraries that help via bridges and different servers, such as Darwinex Zorro MetaTrader 4 and MetaTrader 5 and heaps of algorithmic trades on offer.
There a re 2 account forms to use – for traders and investors. They will change depending if MetTrader 4 or MetaTrader 5 are used or which tech is used.
Users can have as many account as they want, but have to be aware of the fact that Mt5 needs clients to pick which asset to trade.
The trading account gives the chance to earn twenty percent of the success charge via the trader. Investors can spot traders categorized by rank and they can put in the funds they wish into their strategy via PAMM accounts.
Charges are small and competitive. Check comparisons below:
|Asset/ Pair||Darwinex Spread|
|Crude Oil WTI||4|
Seeing how Darwinex is a business from the United Kingdom that offers its service via FCA, the company provides marginal trading and larger positions to trade via leverage.
The max provided leverage rates are 1:3- for big currency pairs, 1:20 for minor ones and 1:10 for commodities. Leverage is a huge plus and can heighten profits, so be careful how to use it.
Deposit & Withdrawals
Deposits are done via bank wires, credit cards, e-wallets and Union.
Trustly is also supported and lets you transfer funds.
The min. deposit is five hundred dollars.
Usually the company doesn’t incure more charges for deposits, but withdrawals can have some – for instance, Skrill will incur a two dollar charge.
The brokerage is tech-oriented. They assist clients develop their skills and ask that investors provide their knowledge.
They are honest about their trading terms via their DMA execution model and transparent pricing.
Their platforms can be trusted and have good tools. This is a brokerage for all levels.
Official Darwinex Registration
If you are the owner of this platform you can manage this account. First you need to claim the ownership of the platform.