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About the company:
Darwinex was founded in 2014. The company offers its clients access to online trading. Darwinex’s headquarters are located in London. The company is controlled by FCA.
Darwinex is targeted on innovative products which can make the process of trading easier.
The company’s clients can trade 34 currency pairs (exotic and popular). On average, low spreads for the EUR/USD pair are at 0.3 pips. Darwinex offers its clients nine indices such as STOXX50E, NDX, and UK100. Spreads are from 0.5 pips to 6 pips. The company’s investment portfolio also includes commodities. Spreads for commodities are from 0.005 pips to 1.2 pips.
Darwinex supports MetaTrader 4. The platform allows you to trade directly from a browser on a mobile device as well as via computer software.
Darwinex uses a unique encryption code for the website. This technology guarantees the safety of transactions. The company’s privacy policy forbids employees from disclosing clients’ personal information. Moreover, the broker protects the funds of clients by keeping them on segregated accounts at Barclays Bank.
The website is available in three languages: English, Spanish and Chinese. Customer service speaks Bulgarian, German and Russian. Clients can contact Customer Service via email, phone, chat, Skype, or make a callback request.
Trading accounts are available in GBP, USD, and EUR. You can deposit funds by means of bank transfers, credit cards, and Neteller and China UnionPay electronic systems.
I had to close my account at Darwinex broker. I lost my money here, and there were a lot of reasons why I lost my money, including software freezing, order fulfilment problems, pips increasing all the time unexpectedly. The platform works bad, has delays, inaccurate, unreliable order execution, they are also not 100% transparent about commission, and many more things to mention. Their customer support is also useless because they can't do anything when I got into trading trouble. My advice, stay away from this broker. They are scams.
The starting capital at Darwinex may not be that expensive for some, but for me, who is only starting, finds it a bit restricting. I want to open an account with the broker but I cannot risk $500 when I don't even know if I can really do well in trading.
My forex trading experience with Darwinex has never been good. They don't provide an excellent online platform, and It's not that easy to make money with them. A lot of issues with their services, including technical issues and money withdrawal. My recent withdrawal successful via Skrill after 2 weeks. They don't provide daily transactions detail or monthly. I don't want to continue trading with them, so I stopped trading with them.
I can't copy-trade on the DARWIN API platform with Darwinex broker. according to my trading strategy copy trade, but their platform hung up to 40 seconds. It is difficult to copy orders due to their server issue Therefore I think the Darwinex platform is the worst for copy traders in the market.
This is just my opinion, but I will like it better if Darwinex will offer more payment methods for depositing and withdrawing funds. Their options are very limited and if I don't have those, it could be the reason for not investing in them.