Darwinex Commission or Brokerage Charges – Review, Plans, FAQs & more
Last Updated Date: Nov 16, 2022Check out all details of Darwinex Commission or Brokerage Charges here.
Online trading has become a prominent way of investment in this progressive time. Investors are looking for online trading platforms to trade with to achieve the desired results.
Darwinex is a well-known trading platform known for its advanced features and latest trading services.
It offers different types of trading accounts to suit the different needs and budgets of the traders. Each trading account involves different commission charges and other trading fees.
The choice of trading account with varying commission charges makes this platform most suitable for both the new traders and the professional traders.
In this review, we will provide you an overall idea about the Darwinex commission charges along with other charges involved in the Darwinex trading platform.
Read the information carefully and compare the commission charges for each account to make the right decision for your investment.
Darwinex Commission or Brokerage Charges
When you plan to get associated with any of the trading platforms, considering the commission charges and other brokerage charges is one of the key concerns to establish your investment budget.
Darwinex commission charges and other brokerage charges vary from account to account.
Darwinex offers four types of trading accounts including live trading account, investor account, Platinum account, and VIP account.
Each of the trading accounts involves varying Darwinex commission charges, spread, leverage, and other charges. For web trading,
Darwinex offers to live spreads at around 0.3 pips for EUR/USD and 0.7 points for FTSE 100.
The spread for crude oil is at 0.03 pips where for gold it is 0.21 pips. It involves the FX commission of 2.5 currency units per one contract.
Stocks are charged at 0.02 USD per contract and for the indices, the commission varies from 0.275 to 2.75 currency units.
The traders, who make money with Darwin, have to pay a performance fee of 20 %. It also involves a 1.2 % commission annually on invested equity for DARWIN investing.
Fill up the Form – Open Forex Trading Account Now!
More Related Articles on Forex Commission Charges
Types of Darwinex Commission Plans
Types of Commission Plans | ||||
Account Type | Live trading account | Investor account | Platinum Account | VIP Account |
Initial Deposit | £500 | £500 | $50,000 | $20 000 |
Spread | Floating | Its Floating | Floating | Floating |
Commission | Yes | Charges | Yes | Yes |
Leverage | 1:30 | 1:30 | Its 1:30 | 1:30 |
Darwinex brokerage is varied in its all four types of trading accounts such as live trading account, investor account, Platinum account, and VIP account.
Live Trading Account
Live trading account is a self-directed account in which the traders are required to pay the minimum deposit or initial deposit amount of £500 at the time of account opening.
It offers a floating spread that varies depending upon the tradable assets you are buying or selling and the size of your trade. The leverage offered in Live Account is 30:1.
The live account also involves commission charges that vary depending upon the type of the asset and the size of the trade.
Investor Account
The initial deposit amount is nominal in an investor account like a live account. The trader is required to pay £500 at the time of account opening.
The spread is kept floating as it varies depending on certain circumstances.
The leverage offered is 30:1 along with specific commission charges per lot.
Platinum Account
A platinum account involves a considerable initial amount to be deposited.
The trader has to pay a sum of $ 50,000 while opening the trading account with the Darwinex trading platform.
The leverage offered for the platinum account holders is 30:1. The spread is floating with commission charges that vary depending upon the size of the trade.
VIP account- the initial amount to be deposited for the VIP account is quite higher than the live account and the investor account.
It requires the traders to pay the sum of $20,000. The commission charges are involved in the VIP trading account with floating spread charges. The leverage offered is 30:1.
Darwinex Account Opening Process
The Division includes the entire process of Darwinex account opening.
When you want to open an account with Darwinex, follow some of the specific and easy steps to get linked with the Darwinex trading platform.
- Firstly, visit the Darwinex website and click on the option ‘create my account’. You will get two options- a demo account and a professional account. Choose the professional account option. Now you will see four options blinking for trading accounts including investor account, platinum account, VIP account, and live account. Pick your preferred option and proceed further.
- Now you will get a short section of columns demanding the necessary details like name, address, phone number, email id, country, etc. fill it and submit it to proceed.
- The next step is the registration process. To register, follow the form with all the necessary details with accuracy.
- Now, the trader has to go through the verification round. This is one of the significant aspects while opening the trading account. In this step, the broker will ask you to show your crucial documents like bank statements, PAN card, photographs, credit cards, debit cards, identity proof, passport, residential proof, etc. you may also have to email or fax the scanned copies of your documents.
- After the EKYC step, you have to deposit the fund in your trading account from your preferred payment mode. Darwinex offers a range of deposit and withdrawal options choose as per your suitability and fund your account.
- After following all the steps, the broker will send you the log-in credentials and account opening letter on your email id within 1 to 2 working days.
Darwinex Payment or Withdrawal Methods
Transaction Options | |
Deposit Options | Credit Card, Skrill, Trustly, Visa, Wire Transfer |
Withdrawal Options | Credit Card, Skrill, Trustly, Visa, Wire Transfer |
While opening a trading account with any trading platform, there are various types of brokerage fees involved.
Some of the charges are to be paid at the time of account opening and some of the charges are to be paid at various intervals.
To access the specific advanced features, the trader may have to pay the trading fees.
When you open an account, it is important to customize the account as per your needs and requirements. Set up the payment option for depositing and withdrawing the funds.
Always keep numerous options for funding and withdrawing to withdraw or fund your account speedily as and when required.
Darwinex commission offers an assortment of deposit options for fund depositing to assist the traders to do the funding of the account conveniently anytime and anywhere. The Darwinex fee deposit options are- Credit Card, Skrill, Trustly, Visa, Wire Transfer.
Similarly, the Darwinex brokerage withdrawal options are – Credit Card, Skrill, Trustly, Visa, Wire Transfer.
Check Similar Articles on Forex Commission / Plan Types
Darwinex Investment Assets
Investment Assets | |
Currencies Trading | Yes |
Commodities Trading | Yes |
Indices Trading | Yes |
Stocks Trading | Yes |
Cryptocurrency Trading | No |
ETF’s Trading | No |
Bonds Trading | No |
FUTURES Trading | No |
OPTIONS Trading | No |
Supported Cryptocoins | BTC, BTH, ETH, LTC, XRP |
Total Tradable Assets | 50+ |
Number Of Currency Pairs | 10+ |
Number Of Cryptocurrencies | 5+ |
Number Of Stocks | NA |
Number Of Indices | NA |
Number Of Commodities | NA |
Number Of Futures | NA |
Number Of Options | NA |
Number Of Bonds | NA |
Number Of ETFs | NA |
Each trader has some set of interests in terms of financial instruments.
Before opting for any trading platform, it is important to check whether it offers the particular investment instruments that you are interested in.
Darwinex is a trading platform that offers four of the chief financial instruments such as Commodities, Single Stock CFDs, FX, and indices.
At the Darwinex trading platform, the traders get more than 42 currency pairs and more than 5 cryptocurrencies.
Darwinex in total provides more than 50 tradable assets to its traders.
When talking about indices, Darwinex offers CFDs on the top 10 international indices and four USD denominated commodities.
The crypto coins supported under Darwinex are- BTC, BTH, ETH, LTC, and XRP. Please note that at Darwinex trading platform Options, Futures, and ETFs trading are not available.
Darwinex Commission – Conclusion
With the above discussion over the Darwinex charges and another brokerage, you can now choose the preferred trading account for you and make the right investment decision.
Here, you can have a look at various types of deposit and withdrawal methods Darwinex offers to pay the Darwinex fees. Various types of Darwinex commission plans are also discussed.
Compare all the trading accounts with intensity and decide on which type of plan will be most suitable for your trading needs and trading strategies.
Check Articles on Forex Commission & Plans
Darwinex Charges or Fees – FAQs
Here is the list of FAQs related to the Darwinex commission:
Do Darwinex charge commission?
Yes, Darwinex charges commission in each of its trading accounts. However, the commission charges vary in each account depending upon the type of account, type of financial instrument, and the size of the trade.
How much does Darwinex charge brokerage?
Each trading account involves varying commission charges, spread, leverage, and other charges.
For web trading, Darwinex offers to live spreads at around 0.3 pips for EUR/USD and 0.7 points for FTSE 100. The spread for crude oil is at 0.03 pips where for gold it is 0.21 pips.
It involves the FX commission of 2.5 currency units per one contract. Stocks are charged at 0.02 USD per contract and for the indices, the commission varies from 0.275 to 2.75 currency units.
What is the Minimum Deposit required in Darwinex?
The minimum deposit required varies in different trading accounts of Darwinex.
For a live account and investor account, the minimum deposit required is £500 whereas for a VIP account, it is $ 20,000 and for a Platinum account, it is $ 50,000.
How much leverage does Darwinex provide?
Darwinex provides the leverage of 30:1 for each of its trading account. The leverage may vary for professional and regular traders.
How much is spread at Darwinex?
The Darwinex offers the floating spread for all the four trading accounts including live, investor, VIP, and Platinum.
It offers a tight spread as low as 0.0 pips along with discounts for the best traders. Darwinex offers to live spreads at around 0.3 pips for EUR/USD and 0.7 points for FTSE 100.
The spread for crude oil is at 0.03 pips where for gold it is 0.21 pips.
What type of Commission Plans are available in Darwinex?
Darwinex brokerage involves a nominal commission charges plan for all the account holders.
The commission is applicable on all four accounts but it keeps varying depending upon the size of the trade, and type of the financial instrument.
Does Darwinex provide Cryptocurrency for Investment?
Darwinex provides more than 5 types of cryptocurrencies for investment. The crypto coins supported under Darwinex are- BTC, BTH, ETH, LTC, and XRP.
Is Darwinex a legit Forex Broker?
Darwinex is a reputed and trustworthy brokerage firm that operates online.
It is a London, UK-based company founded in 2012. Darwinex has its development office in Spain.
It is a legit firm regulated and licensed by FCA (Financial Conduct Authority) UK (FRN: 586466).
As of now, with its expertise and experience, Darwinex has reached all over the world and serving in more than 80 countries.
Can I invest in Darwinex with $5?
Darwinex requires a minimum deposit of £500 in its live and investor account whereas for the VIP account, it is $ 20,000 and for a Platinum account, it is $ 50,000.
Hence, you cannot invest in Darwinex with $ 5.
The minimum deposit required varies in different trading accounts of Darwinex.
For a live account and investor account, the minimum deposit required is £500 whereas for a VIP account, it is $ 20,000 and for a Platinum account, it is $ 50,000.
Are there any hidden charges available with Darwinex?
No, Darwinex discloses all types of Darwinex charges and Darwinex commissions at the time of registration only. It later does not involve any hidden charges for the account holders.
Fill up the Form – Open Forex Trading Account Now!
Most Read Articles