- Segregates client fund
- Established in 2012
- Regulated by Financial Conduct Authority
- Limited range of instruments
- Not ASIC Regulated
- Min. Deposit $500
Company Information
Darwinex is Forex and spread betting broker. They give traders access to a wide variety of instruments in several markets like currencies and indices. Darwinex is regulated in one tier-1 jurisdiction, so it is considered a safe broker (average-risk) for Forex and CFDs trading. Shortly put, the broker is regulated by the FCA. It has been offering its services since 2012 with headquarters in London. Darwinex is suitable for social copy trading and received our industry award for having the Best Trader Community.
Markets
The broker offers 300 tradeable instruments including FX, Stocks, Commodities and Indices delivered with institutional-grade pricing, together with free historical tick data. You can choose among the following asset classes:
● Forex
● Indices
● Stocks
● Commodities
Trading accounts
Three accounts are available at Darwinex, namely Individual, Joint and Corporate types. The difference is mainly in the amount of people trading. You can also open a demo account first.
- Individual
- Joint
- Corporate
Open an account
With Darwinex you can open a new account through an online application form. It is an easy and very quick process. All you need is to provide basic personal information about yourself and to indicate your trading experience. After the application is approved, traders need to submit a copy of their ID, and proof of residency documents.
Minimum deposit
The minimum required deposit necessary to make and open an account is $500. As for the minimum deposit amount, it is set to regardless of the platform or a trading account you choose to trade. You can also open a demo account, where you can trade with no real money, and prepare yourself for the real deal.
Trading Platforms
Darwinex provides its clients with the MT4 and MT5 platforms. MT platform is very popular among the traders thanks to the variety of instruments it offers. You can read more details about the features of the platform here.
Our verdict
After conducting careful research, we can conclude the following. First of all, the broker is regulated and it segregates customers’ funds. Moreover, there are tight spreads and a variety of platforms. However, there is only one account type available, the minimum deposit is $500. Moreover, there are no fixed spread accounts, and there are restrictions in certain countries. So, before choosing a broker, we recommend you compare several brokers and the features they offer, and only afterward to make a well-thought decision.
Darwinex Details
I did not find any clear information about bonuses on their web site (((
The web site is totally uncomfortable and is not clear. I don’t like it!!!
I wish there were zero stars review for this company, I would have given them that. Whenever I’m in huge profits they freeze their MT4, refuse move SL to break even etc. Worst broker ever and I’m surprised they still got many likes after scamming people.
I traded with them for a year And I’ve withdrew a lot one day using my FNB CARD CREDIT TRANSACTION METHOD ONE DAY I’VE WITHDREW MORE THAN 150USD AND THEY PROCESSED MY WITHDRAWALS BUT IT DIDN’T REFLECT ON MY BANK ACCOUNT I DON’T KNOW WHY AND THE FOLLOWING DAY I WITHDREW SMALL AMOUNT AND IT DID REFLECT ON MY ACCOUNT I DON’T KNOW MAYBE IT THE METHOD I USED OR THEY STOLE FROM ME OR IT MY FNB I DON’T KNOW
The service is of quality and reactive. Technically everything is quite good, except that closing orders should be more accurate, faster
I made a withdrawal request which was processed on 20 May 2020. I still have not received my money. I contacted support and withdrawals department 12 days ago, still issue is not solved.
They keep replying with automated emails and not solving the problem.