- Segregated accounts
- Demo trading platform
- FCA licensing and regulation
- DARWINs on MT4 and MT5
- Individual Accounts and Corporate Accounts
- Complex trading setup
- Difficult to source information
- Trading limited to specific countries
- Difficult to reach a customer service agent
Darwinex is a major provider of technology services developed to help Forex traders hone their own knowledge and enjoy increased trading accomplishment. The business was launched in 2012, and it uses heaps of professional people with years of working experience in the gambling market. The business ‘s vision is evident: ‘To provide a home to traders where equal opportunity ensures that merit drives outcomes. ‘
Traders obtain to relish high-quality education, rapid implementation of trades, and also usage of realtime info on a broad assortment of merchandise, services, and platforms. Darwinex is an impact-driven enterprise where employees and clients are permitted to attain the outcome they search through a method, attention, and also a winning approach. This fully regulated Forex enterprise is more transparent, trusted, and secure.
Darwinex was set in 2012 since Tradeslide Trading Tech. From 2013 April, the business established an exceptional trading method for analytical calculations. From May 2014, Tradeslide Trading Tech became governed by the Financial Conduct Authority (FCA) under the title of Darwinex. After in 2014, the Darwin IA trading barrier started and a few months after investment or stage made its approach to the marketplace in 2015. Darwinex Reloaded surfaced on April 2017, also from August 20 17 that the entire trader performance prices surpassed $500,000.
At precisely the equal moment, Darwin reached $ 1million AUM. Fast-forward into November 2017, the before all else Darwin reached $3 million AUM, with a momentary closed to fresh investment. This CFD trading brokerage is completely licensed by the Financial Conduct Authority (FCA) to provide RealMoney Forex trading services within a CFD format, together with FRN 586466. The business (Number 08061368) is situated in London, UK.
Darwinex includes an Individual Live Account and also a Corporate Live Account. For joint or individual consideration, Darwinex demands a valid backup of your passport, driver’s permit, or even ID. In addition, customers must offer proof dwelling like utility bills or bank statements that are less than a couple of weeks old. UK citizens must supply details of these UK National Insurance Number. If You Decide to start a Corporate Live Account, your Legal Entity Identifier (LEI) has to be provided, along with Company Articles of Association, Register of Shareholders, and Register of Directors, etc.
The procedure for opening up a live account isn’t hard to achieve. The 3-step process needs one to put in your name, before all else name, middle name, last name, date of birth, telephone number, and speech. Customers will have to upload certain documents (as an example account holders’ information). To open a live account, traders must log into Darwinex and then select Live Accounts. Next, click Open Live Account to obtain started. The live accounts will then be open from the MetaTrader 4 terminals.
Trading Platform/ software
Darwinex utilizes the most sophisticated Forex trading platform and software on the marketplace – MetaTrader 4. The installation of MT4 on your system (Linux, Mac, or Windows) is 100% free. This software platform can easily be installed on smartphones, tablets, PC, and Mac devices. To obtain started with the platform, clients must download the installer and then launch the setup file. Darwinex also utilizes MetaTrader 5 for iOS and Android devices. And for a once-off fee of $500, clients can also enjoy Fix API trading offers.
Futures will be readily available to clients with the CQG.com platform which is fully compatible with several front-end systems such as Ninjatrader, Tradingview, and MultiCharts. Once you have set up a Darwinex trading account, you can download MetaTrader 4 for Windows, MetaTrader 5 for Windows, MetaTrader 5 for Android, and MetaTrader 5 for iOS systems.
After you open an account, the minimum deposit amount for individual or joint accounts is 500/500/$500. If you open a corporate Darwinex account, the minimum deposit is 10,000/10,000/$10,000. After the initial qualifying deposit, there is no minimum applicable to the success of deposits at Darwinex. Likewise, there are no minimum withdrawal amounts that you’re required to make. Once you’re ready to deposit funds into your wallet, you have several options available, such as 3-D Secure Visa or MasterCard up to 5000/5000/$5000 per registered account holder. Another option that is fully supported by Darwinex is Trustly.
Darwinex offers multiple financial instruments to traders, notably Forex majors, minors, and exotic pairs. Indices are equally popular. A unique offering at Darwinex is a DARWIN. This financial instrument is listed on the exchange and it is geared towards investors and independent traders. You can buy/sell these DARWINs as you would with any assets. This acronym refers to Dynamic Asset and Risk-Weighted Investment, and it is valued according to the trading method that underpins it. You cannot follow the real-time amount movements of the DARWIN; however, you will be able to see your benefit and loss in real-time. DARWINs cover a range of shares including EUR/USD, GBP/USD, GBP/CAD, USD/CAD, USD/ZAR, etc.
Darwinex offers investors and traders ‘diversification rebates’. These are components of the execution commissions that investors pay in DARWINs (listed above) which are repaid to investors at the end of the marketplace day. Execution commissions differ from performance fees which are success fees for benefits that are generated. These execution commissions are already built into your profit/loss with each DARWIN that you have.
Darwinex provides a comprehensive customer support section through the Help Center. You simply type in your query, and members of the Darwinex community typically have detailed answers for a host of questions. You can also contact the 40-strong team at Darwinex on Facebook, Twitter, LinkedIn, YouTube, or via the Darwinex blog. They are highly responsive to trader queries, questions, and feedback.
Your safety and security are assured thanks to stringent regulation, licensing, and segregated accounts. Segregated accounts ensure that investor money is separated from the company’s money. There is no co-mingling of shares, and this ensures that any liens, judgments, or insolvency of Tradeslide Trading Tech will not affect your deposits or money with this broker. In the event of insolvency, you are protected by the Financial Services Compensation Scheme (FSCS) up to 50,000. This insurance safety is per person and per broker. There is safety of 85,000 per person if the bank becomes insolvent. Additionally, full FCA licensing and regulation is in place to ensure fairness, transparency, and compliance with UK standards.
Ease of Use
Darwinex is not your run-of-the-mill Forex trading platform. It requires understanding and learning to fine-tune your trading strategies using this FX broker. The concept of a DARWIN must be understood before you trade on MetaTrader 4 or MetaTrader 5 on your PC, Mac, Linux, iOS, or Android device.
Darwinex is a refreshing Forex trading platform with a host of financial instruments available in derivatives trading instruments. This CFD broker is highly regarded in the UK and caters to a specialized breed of individual/joint investors, and corporate investors. The trading platform is sophisticated enough to accommodate newbies and veterans of the trading world.