Darwinex Review

Darwinex Logo

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.

Darwinex Investing Instruments

Darwinex offers an impressive product portfolio with trading instruments from the asset classes of forex, commodities, indices, and stocks.

Darwinex 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.

Darwinex Trading Platforms
Darwinex Trading Platforms

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.

Darwinex TWS
Darwinex TWS

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, marketing 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.

Darwinex MT4 Platform
Darwinex MT4 Platform

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.

Darwinex MT5 Platform
Darwinex MT5 Platform

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.

Darwinex Trading 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.

Darwinex Tick Data
Darwinex Tick Data

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.

Darwinex DARWINs
Darwinex DARWINs

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.

Darwinex Research & 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, such as pension funds.

Darwinex Education
Darwinex Education

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.

Darwinex Trading Accounts

With Darwinex, you can decide to trade and manage your account personally or copy the trades of successful traders. Traders who already possess a winning trading strategy can list their strategy on Darwinex and earn a 20% success fee from the gains of other traders who follow their strategy.

The minimum initial deposit for retail account holders is 500 GBP/EUR/USD, while the minimum initial deposit for corporate clients is 10,000 GBP/EUR/USD. Darwinex offers a special compensation scheme that includes volume-based rebates and lower commission for professional accounts, as well as up to 40% performance-based discounts.

Darwinex Account Funding

There are several account funding and withdrawal options with this broker, including bank transfer, credit or debit card, and online payment processors, such as Skrill, PayPal, and Trustly. Transactions with online payment methods and credit cards can be processed within a few hours, but bank transfers can take a few business days.

Aside from the initial deposits, the minimum amount for subsequent deposits is 100 GBP/EUR/USD, while the minimum withdrawal amount is 10 GBP/EUR/USD.

Darwinex Customer Service

Darwinex provides customer support services via email and phone, as well as a contact form on their website. However, they do not yet offer an online chat option, just like many other brokers do.

Darwinex Regulation

Darwinex is owned by Tradeslide Trading Tech Limited, which is a UK-based company licensed and regulated by the Financial Conduct Authority (FCA) — a tier 1 financial regulator. With a MiFID passport, the broker also offers their services in all EU countries.

Darwinex FAQ

What is the Darwinex minimum deposit?

Darwinex requires a minimum deposit of $100 or equivalent.

Where is Darwinex based?

Darwinex is based in the UK.

When was Darwinex founded?

Darwinex was founded in 2012.

What are the Darwinex platforms?

Darwinex provides Trader Workstation, Ninja Trader, MT4, MT5, Fix API, ZeroMQ, and Zoro connectivity to MetaTrader.

What trading instruments does Darwinex have?

Darwinex offers a wide range of trading instruments from the asset classes of forex, commodities, indices, and stocks.

What are the Darwinex deposit and withdrawal options?

Darwinex has wire transfers, debit/credit cards, and e-wallets as payment options.

What is the Darwinex leverage?

Darwinex has leverage up to 1:200.

What is the Darwinex commission fee?

Darwinex’s commission fee starts from $1.5 per standard lot per side.

What are the Darwinex spreads?

Darwinex’s spreads start from 0.0 pip.

Does Darwinex offer demo accounts?

Yes, Darwinex offers demo accounts.

Does Darwinex offer Islamic accounts?

No, Darwinex does not offer Islamic accounts.

Does Darwinex allow scalping, hedging, news trading, and automated trading?

Yes, Darwinex allows scalping, hedging, news trading, and automated trading.

Does Darwinex charge an inactivity fee?

Darwinex does not charge an inactivity fee.

Is Darwinex regulated?

Yes, Darwinex is regulated by the FCA.

Darwinex Review Summary

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

8

Spreads

8.0/10

Liquidity

8.0/10

Commissions

8.0/10

Support

8.0/10

Regulation

8.0/10

Features

  • Discounts for successful traders
  • Strict regulation
  • FIX API trading
  • Direct market access
  • Free tick data
  • Social trading signals
  • Tight spreads
  • Low trading fees
  • Managed accounts
  • Trading tools and educational resources