Darwinex Forex and stocks broker review - Attractive terms for both traders and investors

darwinex.com
nika
Written by:
Av
konstantinrabin
Calendar
Written on:
19 April 2023
Date
Last edit:
4 March 2024
Our rating:
6.06

6.06

Darwinex Forex and stocks broker review - Attractive terms for both traders and investors

darwinex.com
nika
Written by:
Calendar
Written on:
19 April 2023
Date
Last edit:
4 March 2024
Our rating
6.06

6.06

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
See how Darwinex compares to it's closest alternatives.
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Main summary

Darwinex is a broker and asset management company offering investors the ability to invest in successful traders as indices. Traders can trade and offer profitable strategies for investors to invest in their trading. Darwinex is regulated in the UK and is a legit broker for stocks and Forex. It offers both trading services and investment opportunities in successful, profitable strategies. Equities, ETFs, futures, Forex, stocks, and various CFDs are among the asset classes that the broker enables traders to access. Darwinex is unique and offers a high level of flexibility to both traders and investors with its infrastructure. Investors can invest in successful strategies and make money in the long term as the broker is directly incentivized to acquire a successful trader base. Let’s review the Darwinex fees, spreads, and other important aspects in the below review and calculate its rank score. 

Pros & cons of Darwinex broker

  • Ability to withdraw with $0 fees
  • Offers access to MetaTrader 4, MetaTrader 5
  • Fast and digital account opening/verification
  • Offers access to 800+ trading instruments in various asset classes
  • There are no accounts without spread markups
  • 1-3 business days and commissions for withdrawals
  • No cryptos are available
  • Very low leverage of 1:30 for retail clients because of FCA regulations
  • Relatively high minimum deposit of 500 USD or equivalent

Darwinex Fact sheet

Main features
Regulations UK
Fees on deposits 0 USD
Fees on withdrawal 0 USD
Inactivity fees 50 USD after 3 months of ianctivity there is dynamic inactivity fee
Minimum deposit 250 USD
Minimum account activation 250 USD
Number of available assets 443
Leverage up to 1:50
Available trading markets Bonds, CFDs, CFDs on Stocks, Commodities, Cryptocurrencies, ETFs, Energies, Forex, Indices, Metals
Account currencies USD, EUR, GBP, JPY, CAD, NZD, AUD, CHF, and KRW
Demo account Yes
Live account types Standrad, Premium, platinum, VIP
Islamic account Yes
Security
Negative balance protection Yes
Part of compensation fund Yes
Keeps funds on segregated bank account Yes
Assets
Forex 57
Shares 0
Cryptocurrencies 53
Indices 20
Commodities 17
Total 443
Fees & spread
Forex From 5 pips
Shares N/A
Cryptocurrencies From 10 pips
Indices From 8 pips
Commodities From 50 pips
Software
Platforms Xtrade’s Trading Platform
Mobile trading support Yes
Mac device support -
Commodities Yes
Payment systems
Payment methods Bank Transfer, Credit/Debit Card, WebMoney
Minimum deposit Bank Transfer, Credit/Debit Card, WebMoney
Minimum withdrawal Bank Transfer, Credit/Debit Card, WebMoney
Withdrawal processing time Instant
Time to open an account -
Show all

Safety & Security of Darwinex

Regulated by the UK’s Financial Conduct Authority, or FCA for short, Darwinex is truly a safe broker. Negative balance protection is not provided for professional clients, but all client funds are kept in segregated accounts. 

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Account types available for traders on Darwinex

There are professional and corporate accounts available and Darwinex tries to attract successful professionals who have a track record of profitable trading history. The minimum deposit starts from 500 USD and the broker offers low spreads and low commissions to appeal to professional traders. Deposits and withdrawals can be made through bank wire transfer and will require 1-3 business days to be completed. There are also retail clients and they are offered similarly low spreads and commissions. Spreads start from 0.1 pips and commissions are low from 1.5 USD per side per lot. These terms on all Darwinex trading accounts are very attractive and target traders with experience to make money and help brokers become widely accepted as the best solution for investing in trading strategies. 

Pros & cons of Darwinex account types

ProsCons
Very low spreads from 0.1 pipsAll accounts have both spreads and commissions
Very low commissions on trading from 1.5 USD per sideThere are no accounts without spread markups
Offers access to over 747 global stocksMinimum deposit starts from 500 USD which may not be attractive for beginners with low budgets

Fees & commissions review of Darwinex

Comparing Darwinex fees with other brokers

Darwinex fees compared to Interactive Brokers fees

Type of FeeDarwinexInteractive Brokers
EUR/USD SpreadFrom 0.1 pipsFrom 0.6 pips
Fees on Deposits0 USD1%
Inactivity fee0 USDNo*

*Inactivity fee was eliminated by IB in 2021, it used to be $20/m

fees compared to CM Trading fees

Type of FeeDarwinexCM Trading
EUR/USD SpreadFrom 0.1 pipsFrom 0.9 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 15 EUR/USD per month after 60 days of inactivity

fees compared to plus500 fees

Type of FeeDarwinexPlus500
EUR/USD SpreadFrom 0.1 pipsVariable
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 10 USD per month after 3 months of inactivity

fees compared to XM fees

Type of FeeDarwinexXM
EUR/USD SpreadFrom 0.1 pipsFrom 0.6 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 15 USD after 12 months, +5 USD/m

fees compared to AvaTrade fees

Type of FeeDarwinexAvaTrade
EUR/USD SpreadFrom 0.1 pipsFrom 0.9 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 50 USD after 3 months, 100 USD administration fee after a year

fees compared to Capital.com fees

Type of FeeDarwinexCapital.com
EUR/USD SpreadFrom 0.1 pipsFrom 0.9 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 50 USD after 3 months, 100 USD administration fee after a year

Trading platforms and mobile trading reviewed at Darwinex

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are the main trading platforms available at Darwinex for traders and it is also possible to connect Zorro Trader to the MT4 and MT5 platforms with Darwinex's bridge solutions. MT4 and MT5 offer advanced capabilities from technical analysis to full automation of trading activities. There are plenty of inbuilt indicators and technical tools available on both platforms for better market analysis. It should be noted that while MT5 is a multi-asset platform, MT4 was built with a focus on FX trading, so think about what you plan to trade before picking one over the other.

Education and research tools offered by Darwinex

Since the broker targets experienced traders and investors there are no educational materials provided by Darwinex. But there are successful trading strategies presented as indexes where clients can invest their money. There are no tools available either, as the broker is not incentivized to attract beginners and targets mainly advanced traders and investors. 

Customer support of Darwinex

At Darwinex support is offered in many forms. The online form will allow clients to send a message to the broker and direct channels like phone calls, and live chat will connect traders with the broker instantly. There is also an email available for sending and receiving messages if such a need ever arises. All in all, Darwinex’s support is excellent and multilingual.

Conclusion

Darwinex is a regulated broker and asset management company that offers investors the ability to invest in successful traders as indices. The broker provides both trading services and investment opportunities in profitable strategies for traders and investors. It offers access to various asset classes, including equities, ETFs, futures, Forex, stocks, and various CFDs. Darwinex is unique and provides a high level of flexibility to both traders and investors with its infrastructure. The broker is incentivized to acquire a successful trader base, making it a long-term investment opportunity. The minimum deposit for retail clients starts from $500, and the broker offers low spreads and commissions to appeal to professional traders. Darwinex has very competitive spreads, starting from 0.1 pips, and low commissions, starting from 1.5 USD per side per lot. However, all accounts have both spreads and commissions, and there are no accounts without spread markups. In terms of safety and security, Darwinex is regulated by the UK’s Financial Conduct Authority, which means it is legit.

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FAQs about Darwinex

How can I attract investor capital, what are the exact steps?

For getting investor attention there are several steps to follow:

  1. Create your index - trade equities, ETFs, futures, and more, and import your track record to show investors you are a successful trader
  2. List it - Darwinex will package your trading strategy as an index to offer investors
  3. Get seed capital - Darwinex will pay successful traders 15% success fees
  4. Capital intro - investors will pay fees to replicate your index, Darwinex collects these investor fees and shares them with the trader
  5. Become Pro - attract investors and get fees by using the Darwinex platform

Is Darwinex a trustworthy broker?

Darwinex is an FCA-regulated Forex, stocks, and CFD broker that allows traders and investors to meet. Professional traders can share their successful strategies as an index and investors can copy these portfolios and they pay fees to Darwinex. The company then pays back traders part of this compensation making it a very unique infrastructure. Darwinex is incentivized to find and maintain a successful trader base which makes it a reliable broker. It is in Darwinex’s direct interest that its traders make money.