Darwinex is a regulated, London-based online brokerage firm founded in 2012. They offer trading in over 300 instruments across several asset classes, such as forex, cryptocurrency, stocks, indices, metals, energies, and other commodities. Providing direct market access (DMA), the broker offers excellent trade execution speed, competitive spreads that start from 0 pips, and low commission — as low as $3 per round trip. Darwinex offers special “hedge fund services” through which their clients can manage their risk exposures.
Markets
Darwinex offers an impressive product portfolio with trading instruments from the asset classes of forex, commodities, indices, and stocks.
Platforms
The broker provides their clients with many trading platforms, including the widely used MetaTrader 4 and MetaTrader 5 platforms, which are available as desktop applications (Windows and Mac), web terminal, and mobile applications for iOS and Android devices. In addition, the broker offers many other auxiliary platforms, such as the DARWIN API Wrappers and ZeroMQ-enabled MetaTrader Bridge, to enable clients to trade their special DARWIN assets. The broker also provides clients with tick data for high-frequency trading.
Trader Workstation (TWS)
Trader Workstation is largely geared at professional audiences, although many trading platforms try to accommodate a diverse audience of novice to seasoned users.
As a result, Trader Workstation at Darwinex provides customers with access to US stocks, futures, forex, ETFs, and CFDs. It has a robust yet customizable user interface, dubbed Mosaic by default, with the option to utilise Classic TWS if users prefer.
The built-in features in Trader Workstation, such as Risk Navigator, Market Scanner, Strategy, and Portfolio Builder, offer users a choice of alpha discovery, risk management, and analytics tools.
Unlike many other trading platforms, where only pending, limit, or market orders may be used in trading strategies, and Trader Workstation provides end-users with a wider range of order types, ranging from simple limit to complicated algorithmic trading orders.
Furthermore, Trader Workstation uses an open-source API, allowing end-users to utilise their TWS credentials in any TWS-supported third-party trading platform, such as NinjaTrader or MultiCharts.
Trader Workstation gives you access to a wide range of Order types and Algos, organised by Product (e.g., Stocks, Futures, etc.) and Category. Controlling risk, optimising execution, maintaining privacy, market timing, and overall trading process simplification are some of the use-cases.
Among the categories are:
- Advanced Investing
- Trading Algorithms
- Reduce your risk.
- Price Increase
- Privacy
- Execution Speed
- Time to Go to Market
MetaTrader 4 (MT4)
MT4 is one of the most widely utilised trading systems worldwide. It is accessible in several languages and is a popular choice for both novice and expert traders.
Technical indicators for chart analysis, several time frames, order types, trading templates, real-time price quotes, alert notifications, and automated trading are all available in MT4. Using the built-in MetaEditor, users may design custom indicators and expert advisors (EAs) in MQL. A strategy tester for historical data is accessible, and a large online MetaTrader community discusses indicators, EAs, and ideas.
MetaTrader 5 (MT5)
MT5 is comparable to MT4 but includes a few new features like more time frames, more order types, additional technical indicators, market depth, and multi-currency backtesting.
Mobile Trading
The MetaTrader mobile platform is accessible for both Android and iOS devices. It is available for free download from the respective app store. This platform is great for individuals who need to trade while on the road from anywhere in the globe as long as they have access to the internet. The majority of the desktop platform’s primary functions are available, including chart analysis and push alerts. You have the ability to open, manage, and close positions.
WebTrader
The MetaTrader online platform enables users to use MetaTrader directly in their browsers without installing or running any additional software. It is compatible with most web browsers.
FIX API
The Financial Information eXchange (FIX) API protocol is an open communications standard that is not controlled by a single person or organisation and may be built to match the needs of each business that uses it.
The FIX protocol offers a foundation for straight-through processing (STP) and connections between a diverse set of parties. It is vendor-neutral, with flexible and standardised inter-party exchange transactions. Standardized data fields serve as the foundation of all FIX messages, allowing information to flow from beginning to finish of a transaction.
Short round-trip transaction times, support for many brokers, and simplicity for strategy developers using different programming languages that allow socket connection are all advantages of FIX.
ZeroMQ
ZeroMQ allows you to create an expandable, high-performance bridge between MetaTrader and external (non-MQL) programming languages.
ZeroMQ gives programmers the ability to link multiple programmes in a variety of ways while removing a user’s reliance on MetaTrader-supported technologies.
Zorro
Zorro is a free application for financial research with machine learning and helps you create algorithmic trading strategies.
Tools
The capacity to invest in DARWINs is a key aspect of Darwinex. Apart from the FIX API and free historical tick data, there aren’t many stand-alone tools available to help you with your own trading.
Darwinex Tick Data
Darwinex provides high-quality tick data on a variety of assets to clients with active trading accounts to aid in the study and development of trading techniques. Tick data is useful for thorough backtesting, particularly when a strategy is based on short-term market changes and intraday trading.
Investing in Darwins
Darwinex has thousands of trading techniques. The algorithmic risk manager standardises them to a predetermined risk threshold. This converts strategies into investable assets that can be compared side by side. Through Darwinex’s FCA-regulated (UK) asset manager, the broker promotes transparency to financial markets by providing portfolio managers with access to liquid alpha strategies from across the world. The risk management algorithms safeguard investors by monitoring deals in real-time. As a result, investors know exactly how much they are risking at any one time.
The risk management engine guarantees that each DARWIN’s goal volatility is comparable to that of an equity index. A DARWIN is a liquid alpha asset that may trade long or short at any moment, indicating that it is uncorrelated with traditional assets. DARWIN execution has commissions that are 60% lower than retail. Reduced transaction costs result in increased returns. Analyze and filter DARWIN assets based on your chosen portfolio management standards. Darwinex examines the 12 qualities that comprise a strategy’s DNA in a manner similar to the fundamental analysis of a standard share.
Education
To assist traders in increasing their trading education and talents, Darwinex offers the Darwinex online training school, which was designed to share its experience with traders and aid them in upgrading their trading education and abilities. It is the goal of the Darwinex Investors Program to educate and train new investors who are just getting started with passive investments in DARWINs.
As well as a self-evaluation task, there are several practical situations in which you may learn how to apply what you’ve learned. There is a thorough, frequently asked questions (FAQ) section on the Darwinex website, which gives answers to a wide range of issues about Darwinex accounts, platforms, and trading. Traders may discuss trade ideas and information on an active online community forum where they can interact with one another.
Trading Blog
In the education section, Darwinex’s Blog helps you learn about the global markets and upcoming events that could shape global financial markets.
Videos
In the videos section, you can watch videos on trading education and platform tutorials.
Conclusion
Darwinex uses advanced technologies to provide innovative services to traders in different parts of the world. They offer multiple trading platforms with flexible FIX API solutions for advanced traders, and through their, DARWINs managed accounts, new traders can trade with professional traders’ strategies.
Darwinex
Pros
- Powerful trading platforms and apps
- Copy trading signals
- All trading strategies allowed
- Managed accounts
- Free tick data
- High-quality trading tools
- FIX API trading
- Free demo trading accounts
Cons
- Cannot accept USA traders
- No swap-free accounts
- Minimum $500 deposit
- Lack of educational resources
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
