The Forex industry is one of the major markets that boost the economies of many countries. The UK is already known for a stable economy, but it also proved to provide a reliable environment for Forex traders. The UK is one of the most desirable locations for Forex trading which many UK Forex brokers use to their advantage and secure traders worldwide under the FCA license. Darwinex is one of the Forex brokers that made it to the top, thanks to their professionalism and the many Forex-crazed market participants who are looking to become the next Wolf of Wall Street. This Darwinex review will show you what traders get when they decide to enter the currency trading business under its guidance.
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General Darwinex Info
Darwinex was established in 2012 as a Forex broker and asset manager. The broker takes a unique approach to the industry by acting as the asset manager and trade risk manager protecting its investors, as opposed to brokers who display almost the same trades and appear to copy form one another. Moreover, Darwinex encourages traders to trade according to their trading strategies, which they developed, to reduce the trading risk. The broker provides ECN and STP services and never trades against its investors to keep the business relationship with its customers on a friendly and conflict-free level.
The Darwinex Trading Platform
As a modern and hip Forex broker, Darwinex offers the mainstream MT4 in all versions to their traders. The MT4 proved already to support also ECN trading deals, and it is probably the safest option for STP and ECN at the moment. This broker also acts as the new Forex social trading network which enables interaction between traders who can share trading signals, automated trading, and synchronize order executions between multiple accounts. Traders can also market and sell their own trading strategies, as well as share tips and tricks with other traders. Newcomers have also the advantage to learn from more experienced traders. The Darwinex company provides for a platform tool which can assess the trader’s strategy regarding risk, efficiency, and performance. Hereby traders get feedback on their trading strategy and know in advance if their strategy is of any good. We can see that Darwinex tries hard to pick up on all trading aspects to help their customers optimize their winning odds. Since mobile trading became inseparable from the Forex industry, it is only logical that a broker of this caliber offers its own Darwinex mobile trading app as the majority of the Forex brokers out there. You can download it to all smart phone devices and enjoy a round of trading anywhere you want.
Account Types
As every STP and ECN broker, this broker also requires a small commission per trade, and in return, you get very competitive spreads and an excellent service. Darwinex does not offer a demo account, but you can transfer to a Darwinex real account from a current account you hold at another broker’s. You can also register with an authentic Darwinex account with a $500 deposit amount. The commission per trade amounts to 0.0025% of notional value with spreads from 0.38 EUR/USD and leverage of 1:200. If you join the Darwinex online platform, you can use scalping and hedging strategies to boost your profits. Join the broker to experience Forex trading on a new level under ideal conditions and with high-quality and professional services.
The Darwinex Bonus
There is no standard or traditional Darwinex bonus, but it is not a reason for despair because Darwinex still offers other creative and thrilling bonus offers through its monthly promotion conveniently called Darwinia. Darwinia is a contest rewarding the best traders. Top 16 traders receive 20% of the so-called success fee every month for the following six-month period.
Withdrawals/Deposits
Darwinex keeps a well-regulated deposit/withdrawal policy, which is clearly defined leaving no space for any kind of confusions. The broker accepts bank transfers, credit cards, and e-wallets like Unionpay and Neteller. Deposits do not require any fees, whereby the withdrawals come with a fee which depends on the payment method (usually 2% or 3%). The withdrawal processing takes up 1-3 business days. There is no minimum withdrawal amount which means that you do not have to wait to hit a certain amount to be able to withdraw your profits, but on the other hand, you can only withdraw $2000 per transaction according to their maximum withdrawal policy.
Customer Support
Darwinex has a large team which is there to help with any situation. The customer support is available around the clock as expected, and besides English, they can be reached in three more languages, Spanish, Chinese, and French. Darwinex also keeps a blog where useful information can be found, but if you happen not to find there what you need, you can always contact them via phone, e-mail, or live chat. They follow a fast-reply policy, and according to Darwinex traders, they solve technical issues very efficiently.