Darwinex, established in 2012 and headquartered in London, UK, is a technology-focused brokerage firm. Its services extend beyond providing a trading platform to include technical analysis tools, educational resources, and personalized guidance. Its goal is to help traders stand out in the competitive market, achieve their trading objectives, and secure long-term success.
Company Background
Darwinex is a forex brokerage, with its domain registered on February 5, 2014. The company, Tradeslide Trading Tech Limited, is headquartered at Level 39, 1 Canada Square, Canary Wharf, London E14 5AB, UK, with a branch in Calle de Recoletos, 19, Madrid, Spain, 28001. Its global service scope demonstrates the company's strength and influence as an investor in financial services.
Regulatory Information
As a forex brokerage, Darwinex is regulated by the Financial Conduct Authority (FCA) in the UK, with registration number FRN 586466. Additionally, the broker is also regulated by the Spanish National Securities Market Commission (CNMV), with the regulatory number 311 and CIF A10537348.
The Financial Conduct Authority (FCA) is one of the financial regulators in the UK responsible for overseeing the financial services industry. It ensures market justice and integrity, protects consumers, and promotes competition to foster market health. The FCA's regulatory efforts are widely regarded as strict and comprehensive.
The Spanish National Securities Market Commission (CNMV), as the securities market regulator in Spain, oversees and regulates the securities market to ensure market transparency and investor protection. CNMV's regulatory efforts are known to be rigorous, aiming to protect market integrity and investor interests.
Trading Products
Darwinex offers various trading products including forex, Contracts for Difference (CFDs), stocks, ETFs, and futures.
For forex and CFD trading, clients can experience the platform's swift execution speed and enjoy bank-level spreads starting from 0.0 pips, optimizing the trading experience to the fullest. Darwinex not only provides traders with tight spreads but also ensures quick buy and sell in dynamic markets, capturing every opportunity for profit. For seasoned traders seeking exceptional performance, the platform's low commission structure—a cost of merely $1.5 per side trade—stands out in the market.
For futures, stocks, and others, Darwinex integrates with IBKR's advanced platforms, allowing clients to trade on Interactive Brokers' infrastructure. This not only helps in attracting investor funds but also provides comprehensive support from the platform's client success team, all without any additional fees. Using Darwinex's services makes trading on an IBKR account more attractive, while the platform's professional team ensures a worry-free trading experience.
Trading Software
For forex and CFD trading, Darwinex offers multiple trading platforms, including MT4 and MT5, to cater to the needs of different investors. MT4 is widely popular among beginners and experienced traders for its user-friendliness and comprehensive technical analysis tools, supporting a wide range of markets and automated trading. MT5 offers more advanced features and a larger market coverage, including advanced order types and more powerful automated trading options. In brief, MT4 suits traders with basic functional needs, while MT5 meets the demands of professional traders requiring more features.
For futures, stocks, and ETFs, IBKR integrates multiple trading platforms.
- TradingView, a leading online chart analysis tool, offers exploration of trading opportunities across all markets, suitable for traders in need of advanced charting features. Users can connect their IBKR account directly with TradingView for a seamless trading experience.
- The Client Portal - Web Trading Platform offers a one-stop account management service via web access, without the need for software download. It supports single sign-on to view, trade, and manage accounts, fitting for users seeking simplified trading processes.
- Trader Workstation (TWS) is IBKR's advanced trading platform, providing desktop, mobile, and API trading options equipped with advanced trading tools to meet the needs of professional traders.
- Other platforms include NinjaTrader, MultiCharts, Zorro IB Bridge, and IB Gateway, offering professional support for futures and forex trading, advanced analysis, automated trading strategies, and lightweight automated trading, respectively.
Account Registration
The Darwinex official website provides a link for live account registration, with the following specific registration method:
First, open the Darwinex official website and click "SIGN UP" at the top right corner of the homepage.
Then, complete the account registration by filling in the information following the steps.
Account Types
For forex and CFD trading, the platform is divided into retail and professional accounts.
Becoming a professional account offers advantages including monthly trading volume-based discounts, VIP customer support, and a higher leverage ratio, all of which can significantly enhance trading efficiency and profit potential. However, it's important to note that if one fails to continuously meet the professional account conditions, they might be downgraded to a regular user, losing these privileges. In short, professional accounts enjoy various perks and services, but it's crucial to maintain the corresponding standards.
Additionally, to be classified as a professional account, users need to meet at least two of the following three criteria:
- In the past four quarters, investors should have conducted at least 10 significant trades in the relevant market on average per quarter.
- Traders should have a financial instrument investment portfolio (including cash deposits and financial assets) valued at over 500,000 euros. This could include savings accounts, options, stocks, diversified investment portfolios, and fund investments, among others.
- Customers should have worked in a professional position in the financial industry for at least one year, having a deep understanding of the operations involved in the exchanges.
For stocks, futures, and ETFs, the IBKR platform also offers two types of accounts: DARWIN and Classic accounts.
DARWIN IBKR accounts allow traders to transact as usual while increasing the size of managed assets (AuM) and earning performance fees from profits generated through the DARWIN indices. This account type offers two primary trading options: one for long and short futures trading at exchanges like CME, CBOE, EUREX, and ICE, and another for trading the most liquid, USD-denominated US stocks and ETFs, suitable for traders inclined towards short-term trading on both market sides.
Classic IBKR accounts provide a unified trading platform, allowing users to trade a variety of financial products under fixed-priced conditions in over 150 markets globally, such as stocks, options, futures, currencies, bonds, and funds. Additionally, IBKR's upcoming feature allows account holders to choose to migrate their trading records to DARWIN accounts, including an analysis and transfer of eligible trading assets to earn performance fees and increase the size of managed assets on the DARWIN platform, offering users more opportunities to earn additional income.
Spreads
In forex and CFD trading at Darwinex, traders will experience ultra-fast execution speeds and extremely low interbank spreads starting from 0.0 pips. For high-performing traders, the platform offers a special discount of a minimum of $1.5 per order. Furthermore, clients will also have the opportunity to attract investment funds through CFD trading strategies.
Deposit and Withdrawal Methods
Customers enjoy the most convenient fund deposit experience, thanks to Darwinex's instant account crediting and fast withdrawal features. The platform supports multiple payment methods, including bank transfer, credit/debit card, and electronic payment. In most cases, the fees incurred during the deposit process are covered by the platform. While Darwinex does not charge for withdrawal operations, each withdrawal's incurred costs must be borne by the clients.
Customer Support
Darwinex provides multilingual support, including Chinese, English, French, and Spanish. The platform has various contact methods, and traders who need direct and immediate assistance can call the customer support team at +44 20 3769 1554. Additionally, investors can also submit their questions or requests by sending an email to info@darwinex.com.
Summary
Founded in 2012 and headquartered in London, Darwinex focuses on technology, aiming to help traders improve their skills and establish a verified trading record. As a forex broker, it is regulated by the Financial Conduct Authority and the Spanish National Securities Market Commission. It offers trading products such as forex, CFDs, stocks, ETFs, and futures, supporting platforms like MT4 and MT5. It provides both retail and professional accounts, offering low spreads and special discounts. It supports various deposit and withdrawal methods and offers multilingual customer support.
Currently, Darwinex is marked as "Active" on TraderKnows.
