Darwinex Review – Online Platforms, Commission, Leverage, Account Types, Features & moreLast Updated Date: Apr 29, 2022
In this Darwinex review, we will discuss and share each and every side of this forex broker.
We will know about Darwinex Review, trading platforms, features, App, Pros, cons, leverage, commission, customer care and contact, security, and so on.
Read the article carefully to examine various aspects of Darwinex.
About Darwinex & Accepted Countries
|Founder / CEO||Juan Colón|
Darwinex is forex and spreads betting broker that provides technology to help the traders build up their proficiency and create a certifiable track history.
Darwinex’s technology is secured onto its exchange wherein it provides regulatory cover to its traders at a charge of 15% fee.
It accepts traders from over 80 countries in the world including the major countries – Singapore, Australia, India, Thailand, Canada, United Kingdom, South Africa, Hong Kong, France, Germany, Norway, Sweden, UAE, Saudi Arabia, Kuwait, Luxembourg, Italy, Denmark, Qatar, etc.
Open a Forex Trading Account Now! – Fill up the Form
Darwinex Trading Platforms
|Trading Platform||Darwin API, MetaTrader 4, MetaTrader 5|
|Desktop Platform – Windows||Yes|
|Desktop Platform – Mac||Yes|
|Desktop Browser Platform||Yes|
|Mobile Site Platform||Yes|
|Android App Platform||Yes|
|iOS App Platform||Yes|
|Windows App Platform||No|
|Other Mobile OS Platform||No|
|Trading Platform Supported Languages||English, Castellan, Japanese, French|
Darwinex is a trading platform that offers its traders over 40 instruments to trade in major markets including indices, commodities, forex, US stocks, and cryptocurrencies on major Trading platforms including Darwin API, MetaTrader 4, and MetaTrader5.
Darwin API-It is Darwinex’s proprietary software that it offers solely for copy trading Darwin assets on Darwin Exchange.
The investors can use Darwin API to buy and sell winning strategies, using Application Programming Interface technology.
They can also recruit trading robots, examine portfolios, access analytical toolkits and track records, and build custom statistical indicators.
Darwinex offers one of the globally acknowledged trading platforms MT4.
MT4 offers live pricing, advanced charting capabilities, and automation, an updated news feed, analytical tools, and indicators for technical analysis and also supports algorithmic robot trading via using EA.
Darwinex also offers an MT5 trading platform which is considered the advanced version of MT4.
It is mainly designed for professional traders and provides wider access to various types of indicators and tools, 21 times intervals, advanced order types and execution modes, economic calendar, and Depth of market.
Algorithm Trading Plugins
Darwinex also offers supporting platforms such as ZeroMQ and Zorro to MetaTrader associating solutions.
These Algorithm Trading Plugins allow traders in executing non-MQL strategies such as python and Java.
Darwinex Mobile App
Darwinex Apps are accessible on both Android and iOS devices.
The user can download the mobile app easily on the Google play store for Android devices and Apple’s App Store for iOS devices.
The unique feature of the Darwinex Mobile app is the disclosing of the Live performance in real-time and helps the traders manage their portfolio effusively simultaneously on the move.
The Darwinex App comes with a progressive appearance and is available in 4 languages.
This app includes an assortment of advanced features and capabilities adaptable to smartphone devices.
It allows the users to imitate the other users or expand their investment into compound Darwinex strategies.
They can also analyze a synopsis of open Darwin Positions.
The traders can also access forex and CFS Products on the mobile app and can manage their trades, scrutinize charts visuals for each strategy, and track the market to see historical performances with just a few touches.
Check out Mobile Apps of more Forex Brokers
|Activtrades||CMC Markets||Eightcap||IFC Markets|
Darwinex Commission or Brokerage or Fees
|Commission on trades||Yes|
Darwinex keeps its brokerage charges or commission charges very nominal to stay competitive in the trading market.
For Forex and Commodities, Darwinex commission charges are kept at.005 % of the supposed value of the base currency.
In the case of base currency pairs, Darwinex charges execution commissions as well, but if the base currency is different in the MetaTrader account, then the broker does the conversion without any delay.
It charges inactivity fees of $15 quarterly, in case of not using the account for around a year.
Also, it charges a financing fee for trading the shares, CFD, and ETF with leverage.
It keeps the initial deposit of £500 for the live account and investor account. The initial deposit amount is quite higher for a platinum account and a VIP account.
Darwinex Exposure or Leverage
Darwinex provides different leverages for different financial products and accounts. It offers the maximum leverage of 30:1 to each of the trading accounts for major forex pairs.
The minimum leverage is 20:1 for the minor pairs and commodities.
Darwinex has specified Margin requirements for each of its instruments on the website in the product specification section.
Payment Methods provided by Darwinex
|Deposit||Credit Card, Skrill, Trustly, Visa, Wire Transfer|
|Withdraw||Credit Card, Skrill, Trustly, Visa, Wire Transfer|
While opening a trading account with any trading platform it is important to know what all payment options it offers to ensure quick funding or withdrawal from the account conveniently from any place as and when required.
Darwinex offers some of the major deposit and withdrawal options to its investors, such as-
Deposit Options- Credit Card, Skrill, Trustly, Visa, Wire Transfer. The account can be funded with EUR, USD, or GBP.
Withdraw options- Credit Card, Skrill, Trustly, Visa, Wire Transfer
Find out Payment Methods provided by other Forex Brokers
Investment in Asset Classes or Markets by Darwinex
|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|
Darwinex offers four major financial assets including FX, commodities CFD’s, Single Stock CFD’S, and indices.
It offers 42 currency pairs with over 5 cryptocurrencies. It also offers CFD’s on the top 10 indices of the world and four USD denominated commodities.
Darwinex’s supported crypto coins are – BTC, BTH, ETH, LTC, XRP and offer over 50 tradable assets.
Options, Futures, and ETFs trading are not available at the Darwinex trading platform.
Darwinex Virtual Trading or Demo Account
Darwinex offers a demo account for new traders to understand the platform better and know its way of functioning.
The traders can easily open a demo account with Darwinex and access its services.
Darwinex’s demo account offers the same features and trading conditions as the real trading account.
The broker offers a virtual balance of $ 10,000 to each of the demo account holders to enhance their trading skills and trade in the real market conditions.
Darwinex Offers or Deals
|Free Learning Courses||Yes|
|Free Demo Account||Yes|
|Discount on Brokerage||No|
|Flexible Brokerage Plans||No|
|Forex Trading Contest||Yes|
|Trading Bonuses & Rewards||Yes|
Darwinex provides two types of price rebates for both retail and professional clients.
For Retails clients it’s talent-linked pricing that depends on the highest D score and for professional clients, it’s volume-linked pricing that depends on the gross monthly commission.
It also announces a monthly Darwinex contest wherein the top 80 trading system developers become eligible for capital allocation worth €5 million.
The seasoned traders also get trading bonuses and promotions at different intervals.
Darwinex Regulation or Licensing
Darwinex is a company founded in 2012 with its headquarters in London, UK, and a development office in Spain. It is regulated by the FCA (Financial Conduct Authority) UK (FRN: 586466) and has spread its wings to grab clientele from over 80 countries across the world.
Find out Regulations & Licensing of more Forex Brokers
|Social Trading / Copy Trading||Yes|
|Guaranteed Stop Loss||Yes|
|Guaranteed Limit Orders||No|
|Guaranteed Fills / Liquidity||No|
|Trading From Chart||No|
|Interest On Margin||No|
|Other Trading Features||No|
The dashboard also provides copy-trading research, which sorts and ranks thousands of strategies.
- It offers a €5 million pool for top 80 trading system developers each month.
- Darwinex provides a Value-at-Risk (VaR) approach to ensure calculated risk to its traders. While customizing investment preferences, the investors can view this formula in the background.
- It provides educational material and video tutorials at the proprietary platform.
- Darwinex platform also provides a community forum with discussions on current topics.
- The traders can get blog sections, general market news, Darwinex ideas, and product updates from expert investors.
- It provides a unique social copy trading community along with a full MetaTrader Suite.
Darwinex Account Types
Take a look at the types of accounts that the company is offering:
|Account Type||Live trading account||Investor account|
At Darwinex, traders are offered four different types of trading accounts to trade in such as Live Trading Account, Investor Account, Platinum Account, and VIP Account.
Live account is for self-directing trading on Meta Trader and Investor account is for copy trade investors of Darwin. Platinum accounts and VIP accounts are meant for seasoned traders.
Each of the Darwinex trading accounts offers a floating spread to its traders with a leverage of 30:1. However, the initial deposit amount varies in each of the accounts.
For the Live account and Investor account, the initial deposit is £500 whereas for a platinum account, it is $ 50,000 and for a VIP account, it is kept as $ 20, 000. E
ach trading account involves certain commission charges depending upon the size of the trade. The minimum commission charges are $1.5 per order.
With Darwin trading accounts, the investors can build their portfolio and also get access to the proprietary control panel using the Darwin API platform.
Darwinex Trading Account Features
Check below all the trading account features under various account types:
|Trading Desk Type||NDD|
|Suitable for beginners||Yes|
|Suitable for professionals||No|
|Suitable for scalping||No|
|Suitable for daily trading||No|
|Suitable for Weekly trading||No|
|Suitable for swing trading||No|
Darwinex – Research & Advisory
Find below all the different reports and support provided by its Research & Advisory team:
|Daily Market Commentary||Yes|
|News (Top-Tier Sources)||Yes|
|Company Stock Review||No|
|Free Stock Tips||No|
Some of the benefits observed at the Darwinex trading platform are-
- Segregated client funds- it offers segregated accounts for each of its investors to ensure the superior safety of traders’ funds and accounts.
- Darwinex is regulated by one of the most prominent Forex regulatory authorities- the Financial Conduct Authority (FCA)
- It keeps a minimum deposit amount starting from $500
- Darwinex provides both the globally recognized trading platforms- Meta Trader4 and MetaTrader5
- It provides MT4 Python
- It also offers Plugins and trading signals for a better trading experience.
- The traders get the Darwin Exchange platform with copy-trading.
Darwinex Cons or Drawbacks
- Darwinex provides a limited range of instruments as compared to other competitive trading platforms.
- It is not regulated by ASIC.
- The US traders cannot trade at this trading platform.
- The investors get only US stocks to trade-in.
- It does not provide Futures.
Darwinex Trading Hours
Darwinex MetaTrader’s trading hours are found as per the New York time zone.
The trading hours for Forex are from Sunday 05:05 PM to Friday 04:55 PM.
The traders can trade in indices and commodities from Sunday 06:00 PM to Friday 04:55 PM.
And the trading hours for Stocks are from Monday at 09:31 to Friday at 03:59 as per New York time.
Darwinex Customer Care or Contact Details
|Support During Weekends||Yes|
|Live Chat Support||No|
|Customer Support Languages||English, Castellan, Japanese, French|
Darwinex claims to have a customer support team of experienced traders.
The traders can send queries and get them resolved with appropriate answers via email or phone.
You can contact them via email at firstname.lastname@example.org or call the customer care team at +44 20 3769 1554. Currently, the live chat facility is not available.
The office address of Darwinex head office is Level 39, Canada Square, Canary Wharf, London E14 5AB, United Kingdom.
Darwinex Safety & Security
Darwinex trading platform practices superior security measures to ensure the safeguarding of clients’ data and funds.
It provides Secure Sockets layer (SSL) encryption-based internet security protocol to ensure confidentiality, authentication, and data integrity in Internet connections along with two-factor authentication.
At Darwinex, the servers are also connected with liquidity providers at Equinix LD4 Datacenter in London.
Darwinex Rating & Reviews
Based on different users and their experiences below are the company rating and reviews:
|User Experience||7.5 / 10|
|Products & Services||7.8 / 10|
|Brokerage Charges & Fees||8.1 / 10|
|Research & Advisory||8.2 / 10|
|Trading Platforms||8.1 / 10|
|Overall Ratings||8.0/ 10|
|Total Client Reviews||70|
Darwinex Forex Trading – Conclusion or Verdict
Darwinex can be concluded as one of the fine brokers; the traders can trust on and invest in for trading.
It has ample experience in social copy trading and FIX Application Programming Interface Technology.
The traders get many options in trading accounts and can opt for the one as per their suitability and expertise.
Also, Darwinex provides four major trading platforms to ensure better trading practices and profitable results.
Some various perks and advancements come with Darwinex to its regular and top traders.
Darwinex Forex Trading FAQs
Here is the list of FAQs related to the Darwinex forex trading:
Is Darwinex Safe for Trading?
Darwinex is a regulated broker who adhered to the regulations of FCA.
It is a safe broker for forex and CFDs trading that provides social copy trading.
It has also been awarded the Industry award for having Best Trader Community.
What is the Commission for Darwinex?
Darwinex commission charges are kept at competitive rates for trading in financial assets.
The gross commission is 0.005% of the nominal value of the base currency for Forex and commodities. The commission can be viewed in asset tables and spreads.
How to Open a Trading Account with Darwinex?
You can open Darwinex trading accounts by logging in to the platform and clicking the tab Trading. There are few simple steps involved in opening the trading account.
Follow the steps and you will get your account opened within 2 to 3 working days.
Can I invest in Cryptocurrency with Darwinex?
Yes, Darwinex offers over 5 types of cryptocurrencies. The supported cryptocurrencies are BTC, BTH, ETH, LTC, XRP.
What leverage does Darwinex provide?
It provides the maximum leverage of up to 30:1 to its traders. The minimum leverage is 20:1 for the minor pairs and commodities.
Does Darwinex have the trading app?
Yes, Darwinex offers a Darwinex Investors app that allows the investors to imitate other investors or to diversify their investment into multiple strategies.
How to contact Darwinex customer care?
The users can contact Darwinex customer support via email at email@example.com or call the customer care team at +44 20 3769 1554.
Is Darwinex Regulated?
Yes, Darwinex is regulated by the Financial Conduct Authority (FCA), (FRN: 586466)
Is Darwinex good for Beginners?
Yes, it is a good trading platform for beginners as it provides a free-of-cost demo account to help them learn the basics of trading and understand the functionality of the trading account better before switching to the real trading account.
However, the minimum initial deposit amount of £500 may affect the new trader’s financial budget.
Who founded Darwinex?
Juan Colón founded Darwinex in the year 2012 with its headquarter in the UK.
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