1. Darwinex Pros and Cons
  2. Is Darwinex safe or a scam?
  3. Leverage
  4. Trading Fees
  5. Spread
  6. Deposits and Withdrawals
  7. Trading Platforms
  8. Conclusion

What is Darwinex?

Founded in 2012 as a technology provider, the Tradeslide Trading Tech. two years later started its operation as an FCA regulated broker under the name – Darwinex, while headquarters in London, as well with a developed office in Spain. Currently, the company serves traders and investors from more than 100 countries and is a recognized trading provider.

The broker is a pooling member of an exchange that connects two parties and brings an opportunity for both investors and traders to swap, while providing the regulatory cover of a 20% success fee. Along with transparent and fair trading conditions throughout professional control of risks Darwinex performs proprietary investments allowing to score and manage own funds for 6 months.

Darwinex Pros and Cons

Darwinex is a reliable broker with good regulation, quality trading platform and good range of trading instruments, fast execution and technology solution.

For the negative side, there is no deep education necessary for beginners, there is no support 24/7.

Darwinex website

Is Darwinex safe or a scam

No, Darwinex is not a scam, it is regulated by top-tier FCA firm with low risk trading. I

Tradeslide Trading Tech Limited known as Darwinex is authorized and regulated in the UK by the Financial Conduct Authority that protects clients and their investments by every means. As regulated broker, all client funds are fully segregated at all times and are kept in separate bank accounts ensuring traders’ money is not used for the company purpose.

Also, every trader or investor is automatically a member of the Financial Services Compensation Scheme (FSCS) that offers protection up to GBP 50,000 per client in case of insolvency. In addition, there is an implemented negative balance protection which secures funds from loses greater than initial balance.

Darwinex license

As a regulated broker, all client funds are fully segregated at all times and are kept in separate bank accounts ensuring traders’ money is not used for the company purpose. Also, every trader or investor is automatically a member of the Financial Services Compensation Scheme (FSCS) that offers protection up to GBP 50,000 per client in case of insolvency. In addition, there is an implemented negative balance protection that secures funds from losses greater than initial balance.

Instruments

Along with that, Darwinex develops algorithms and disruptive investment alternatives while trading orders are sent directly to the market, means a company uses DMA execution with institutional quality spreads and rapid median speeds via solvent Prime Brokers (LMAX and SaxoBank).

The market’s offerings include FX, Cryptocurrencies, commodities and CFDs on the major stock indices via MT4 or MT5 platforms, as well FIX APIs.

In addition, Darwinex performs regularly trading contest with monthly capital allocation to the best Darwins during a 6-month period. That contest award the most consistent traders on a monthly basis that are picked on the ranking criteria of D-score, monthly returns and activity. And all that accompanies with comprehensive learning sources through Darwinex education, and regular support at every step.

Darwinex education

Leverage

Since Darwinex is a UK based brokerage firm that delivers its service through FCA strict regulations, there are applicable requirements towards every offering Darwinex complies with. Therefore, Darwinex offers marginal trading allowing you to trade larger positions throughout leverage.

  • The maximum allowed leverage levels are set to a 1:30 for major currency pairs, 1:20 for minor ones and 1:10 for commodities. However, since leverage gives a great advantage and may increase your potential gains, you should learn how to use leverage smartly and obtain good knowledge about it.

Account types

Darwinex offers two different account types designed for a particular need, one account designed for traders another one to the investors. Further on, the account will vary according to the chosen platform MT4 either MT5 or even by use of the technology.

Furthermore, every client can open as many accounts as he wishes, however should bear in mind that the MT5 platform requires directly to choose which asset will be traded.

The trader account allows not only to earn from own trader, by to earn 20% success fee for generated profits for 3rd party investors, which is a great possibility for active and professional traders. In reverse investors may find numerous traders divided by ranking and invest the desired amount into their strategy, through PAMM accounts.

Darwinex investment

Fees

Darwinex fees are built into a spread, in addition consider other non trading fees like commission for funding, inactivity, etc. See fee table below.

FeesDarwinex FeesPhillip Capital FeesActivTrades Fees
Deposit FeeNoNoNo
Withdrawal FeeNoNoNo
Inactivity FeeYesYesYes
Fee rankingLowLowLow

Spreads

Darwinex spread and costs are quite low and competitive among the market, see samples of typical spread below, also you can check and compare fees to another popular brokerage Abshire Smith.

AssetDarwinex SpreadPhillip Capital SpreadActivTrades Spread
EUR USD Spread0.7 pips0.7 pips0.63 pips
Crude Oil WTI Spread44.13
Gold Spread43.835.75

Darwinex spread

Deposits and Withdrawals

The last point is funding enter, while the user’s Darwinex Wallet allows convenient fund transferring either by deposits that can be performed through bank wire, credit cards, e-wallets or Union and further withdrawals.

The range of supported options includes also Trustly a payment method that allows you to order a transfer from/to your bank account to/from your Darwinex Wallet and have the funds available to use instantly.

Minimum deposit

Darwinex minimum deposit is 500$.

Darwinex minimum deposit vs other brokers

Darwinex Most Other Brokers
Minimum Deposit $500 $500

Withdrawal

Typically Darwinex does not charge additional fees for deposits, yet withdrawals may incur an extra processing fee for some of the methods. Thus withdrawal options like bank wire is 0$ and card or Skrill transfer will charge 2$ fee.

Darwinex deposit

Trading Platforms

The Darwinex proprietary technology was developed over 5 years of research and improvements by the Quant team while offering a fast execution DMA model. Therefore, it is essential to a mainstay on a trusted and proven software as well.

Thus, Darwinex chose as a popular MT4, as well new age MT5 platform to perform the trading process. The choice was not done only at the fact that more than 50% of global orders are done through MT4, but because of the performance, the platform provides. The MT4 and MT5 terminals can be accessed through desktop versions, as well as mobile applications for both Android and iOS.

Darwinex platforms

Moreover, there is an array of additional features like FIX APU and engineered libraries to compliment trading performance through bridges and various servers. These include Darwinex Zorro MT4 and MT5, and vast of algorithmic trading offers from the selection.

Conclusion

The Darwinex review brings a technically oriented firm that aims to bring a different, better experience in trading. Their concerns are to help traders in their skills development and exchange of knowledge with those who would like to invest. While connecting two parties, Darwinex also provides a transparent trading experience through the DMA execution model and transparent pricing, with reliable platforms with comprehensive trading tools and solutions bringing a variety of smart trading along with instruments for analysis, strategy improvements and functions.

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