6 mins read | 
My experience with D Zero has been disappointing. The platform ignored my profits, restricted trading with low leverage and made it difficult to trade effectively. With tight limits and minimal rewards, it feels nearly impossible to stay profitable under such conditions.
Overview
Darwinex is a brokerage firm and a financial technology services provider. The broker offers tradable instruments based on forex, CFDs, stock, and futures. Their range of products, services,...
Darwinex is a brokerage firm and a financial technology services provider. The broker offers tradable instruments based on forex, CFDs, stock, and futures. Their range of products, services, and tech products cater to the needs of retail, professional, and institutional traders.
Some key features of DarwInex forex trading services include fast order execution, tight spreads, and competitive trading encoding. The broker supports MetaTrader 4 and MetaTrader 5 platforms and offers in-house automated tools to help traders who want to automate their trades.
This Darwinex broker review further explains all you need to know about this broker.
Supported Countries
Darwinex offers trading services to clients from countries in the European Economic Area and the United Kingdom. Residents of over 100 countries, such as Spain, South Africa, Colombia, Mexico, India, Argentina, Germany, Peru, Malaysia, Brazil, Chile, Taiwan, Turkey, and China, may access the broker's trading services and products.
However, there are many counties to which the broker does not advertise their services due to legal and regulatory requirements. These include the United States, American Samoa, Samoa, Bahrain, Belarus, Benin, Bolivia, Bosnia And Herzegovina, Burkina Faso, Burundi, Cambodia, Cape Verde, Central African Republic, Congo, Côte D'Ivoire, Cuba, Congo DR, Egypt, Eritrea, Ethiopia, Grenada, Guam, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Japan, Kenya, Laos, Lebanon, Lesotho, Liberia, Libya, Macao, Macedonia, Mali, Maldives, Marshall Islands, Mongolia, Montenegro, Mozambique, Myanmar, Namibia, Nepal, Niger, Korea, Northern Mariana Islands, Pakistan, Palau, Palestine, Panama, Paraguay, Puerto Rico, Saint Lucia, Sao Tome And Principe, Sierra Leone, Somalia, Sudan, Sri Lanka, Syria, Tajikistan, Tanzania, Trinidad And Tobago, Tunisia, Uganda, Virgin Islands, Vanuatu, Venezuela, Yemen, Zambia, Zimbabwe.
That said, citizens from those countries can access Darwinex services if they move to a supported region such as any European country.
Customer Service Rating
Darwinex has a 3.8-star rating based on 24 ratings on Trustpilot. The positive reviews highlight that the broker has been offering trading services for over a decade and is regulated by the FCA (UK). Reviewers also lauded the broker for providing trading technology that makes their trading efficient.
Critical reviews focus on the completed sign-up process each client has to go through before they open an account. This lengthy process is typical because of the stiff regulations the broker must comply with to maintain its trading licenses in the United Kingdom and Spain.
Darwinex Trading Platforms
Darwinex supports two trading platforms: the MetaTrader 4 and the MetaTrader 5. They also offer software that traders can use to enhance the functionalities of these trading platforms.
- MetaTrader 4: The MetaTrader 4 trading platform allows clients to analyze, link, and migrate accounts. It comes with Darwinex and MetaTrader backtesting features. It has 9-time frames, offers 4 types of pending orders, and allows hedging.
- MetaTrader 5: The MetaTrader 5 platform is an upgrade on the MetaTrader 4. The platform allows users to analyze accounts and backtest using the MetaTrader backtesting feature. It features 21 time frames (as opposed to MT4's 9-time frames and offers 6 types of pending orders (compared to only 4 types offered by MT4). It also supports hedging and depth of market displays.
Trading Denominations on Darwinex
Trading accounts can only be opened with one currency. Clients can choose either the European Euro, British Pound Sterling, or United States Dollars. Note that you cannot change your account denomination after creating your account.
COMPANY STRUCTURE
Darwinex is the trading name of Tradeslide Trading Tech Ltd., located in the UK, and Sapiens Markets, EU Sociedad de Valores SA., located in Spain. The broker launched in 2012 and became regulated by the Financial Conduct Authority. The broker also holds a MiFID passport to deliver services to all EU countries.
Darwinex offers financial services, tools, and trading platforms to retail, professional, and institutional clients in over 80 countries worldwide. However, legal restrictions restrict certain countries, such as the United States, from access to its services.
On many broker reviews, the broker ranks as one of the best 100 forex brokers.
Darwinex Licenses and Regulatory Compliance
Darwinex holds trading licenses in the United Kingdom and Spain via its incorporated companies.
- Darwinex is UK-regulated via Tradeslide Trading Tech LTD, a broker and asset manager authorized, supervised, and regulated by the Financial Conduct Authority (FCA) in the UK, with FRN 586466
- Darwinex is EU regulated via Sapiens Markets EU Sociedad de Valores SA, a company regulated by the Comisión Nacional del Mercado de Valores (CNMV) in Spain under the number 311, with CIF A10537348
Darwinex Customer Protection
Darwinex protects clients' deposits by keeping them in segregated trust accounts with Tier 1 banks in the UK. They also comply with standard FSCS (GBP 85k) cover by insuring their retail customers registered with our FCA-regulated entity in the United Kingdom against their insolvency with extra Lloyd's coverage for up to GBP 5,000,000.
UK clients are also protected with up to 85,000 GBP provided by the UK Financial Services Compensation Scheme (FSCS).
The insurance and the UK Financial Services Compensation Scheme (FSCS) do not cover professional clients.
TRADING INFORMATION
Darwinex offers specialized automated trading tools, a competitive trading environment, customer support, and various tradable instruments and investment portfolios.
Darwinex Leverage
Darwinex offers retail clients a maximum of 30:1 for major currency pairs and 20:1 for other pairs. Professional clients can get up to 200:1 for all currency pairs.
Deposits and Withdrawals on Darwinex
Deposits
The broker covers deposit costs for some deposit methods, such as card transfers.
Deposit Method | Minimum Deposit | Maximum Deposit | Commission | Processing Time |
Bank transfer | $/€/£500 | None | Your bank’s (The broker’s bank may apply additional charges for deposits below $2,000) | 1-3 business days |
Card (Visa, Visa Electron, MasterCard) | $/€/£500 | $/€/£20,00,00 | Free | Immediate |
Skrill | $/€/£500 | $/€/£5,000 | 0.5% | Immediate |
CUP P2P (China Online Bank Transfer) | $/€/£500 | $/€/£10,000 | Free | Up to one working day |
Withdrawals
Darwinex requires that funds deposited via credit or debit cards or Skrill be withdrawn to the same card or account they came from.
Withdrawal Method | Minimum Withdrawal | Maximum Withdrawal | Commission | Processing Time |
Bank transfer | $/€/£10 | None | Your bank’s and the broker’s | 1-3 business days |
Card (Visa, Visa Electron, MasterCard) | $/€/£10 | $/€/£20,000 | 1% | 1-3 business days |
Skrill | $/€/£10 | $/€/£5,000 | 1% | 1-3 business days |
CUP P2P (China Online Bank Transfer) | $/€/£10 | None | 1% | 1-3 business days |
Darwinex Trading Education and Training
Darwinex educational resources include a FAQ page, video tutorials, and a blog.
- FAQs Page: The FAQs and Docs section contains valuable information on trading and non-trading issues, such as account application, deposits/withdrawals, Darwinex brokerage, algorithmic trading, and Darwinex Pro.
- Video tutorial: The videos section will help clients understand the different types of trading assets and how to trade them. Topics include risk management, trading strategies, leverage, and automated trading.
Blog: The blog section contains insightful information and updates on maximizing the use of Darwinex trading and investing products and recent developments.
CONCLUSION
Darwinex is an excellent forex broker for many reasons. They offer a wide range of ratable assets, have licenses in the UK and EU, and provide trading tools that support automatic trading and hedging. They also provide educational resources and technical support that can be valuable to beginners and casual and professional traders.
On the downside, they require $/€/£500, which may be too high for casual and beginner traders. However, they make up for this with their vast selection of trading tools, tight spreads, and fast order execution. Clients' funds are also secure thanks to the broker's £5,000,000 insurance,
Countries
+8
+8Devices
Minimum deposit 500Withdrawal fee 0Deposit fee 0Max insured GBP 5,000,000
Our Verdict 4.3 / 5
See our process of evaluating brokers
Commissions & Fees4.4 / 5
Deposit & Withdrawal4 / 5
Customer Support4.4 / 5
Account Opening4 / 5
Regulation & Safety4.5 / 5
Pros
- MetaTrader platforms and automated trading tools
- Wide range of tradable instruments
- Third-party deposit protection
- Multiple licenses and regulators
- Excellent trading conditions
Cons
- High minimum deposit requirement
- Limited educational resources
- Customer service is unavailable 24/7 in every language
- It does not offer swap-free (Islamic) accounts
- Unavailable to US residents due to legal and regulatory requirements
General details
Type of accountsStandard Accounts
Trading platformsMetaTrader 4MetaTrader 5
Execution modelDMA
Deposit currency
AUD
CAD
CHF
EURGBP
NZD
USD
AUDCADCHFEURGBPNZDUSDDeposit payment systems
Withdrawal payment systems
Support languagesEnglish
Spanish
EnglishSpanishAuto tradingMT4 EAMT5 EA
Contact details[email protected]+44 330 808 0575Customer service ↗
Customer reviews
Overall score 4 / 5 · 10 customer reviews
Read real reviews from traders all over the world:
It’s not a sprint but a marathon with Darwin, a place where traders can grow and refine their skills. The platform understands that traders need support to stay focused and precise in their journey.
Excellent platform for serious traders who value performance and reliability.
Advantages: Profitable asset spreads Various bonuses and promotions Affiliate Program Accounts for any level of trader
Disadvantages: Problems with the withdrawal of earnings
I've tried a lot of apps, I like this one the most so far. In general, it doesn't matter. I registered without any problems, threw in $ 20, all transactions are in the black. I recommend it.
Advantages: Multiple licenses and regulators; The ability to conduct automatic trading and apply hedging
Disadvantages: None
With his help, as well as using educational literature from the website and tips from technical support staff, after six months I started trading in a serious plus – I have already withdrawn four hundred dollars from the one hundred dollars initially deposited. Then I invested more seriously. When I found out that it was possible to receive money for invited guests, I also brought several clients. I like a good choice of tools, narrow spreads, high competence of support, platform performance. True, with a small deposit, requotes sometimes occur, but this is perhaps the only minus.
Advantages: Average spreads Fast execution of orders Good reliability Excellent trading conditions
Disadvantages: High minimum deposit
If you want to trade in a safe place, then you definitely need Darwinex. Few brokers can boast of such a degree of protection and security of funds. As far as I know, this broker has not had a single case that he did not withdraw money – seriously. Absolutely always, at any time, he will withdraw any amount. This speaks only about the high quality of the company. I myself learned about the office from my friend, a professional trader who worked in an English Bank for 6 years, and who went into private trading, just where he trades. By the way, I also connected to his account.
Advantages: Their platform is not bad, it seems to be functional. A guarantee of a deposit refund in case of bankruptcy, which is important since the company has been operating only since 2013. There is a main opportunity for a trader to attract investments as a result, which increases income.
Disadvantages: Bad quotes, low liquidity here, poor order execution. The platform is unstable. Wide spreads on the news. Everything is fine until you want to withdraw money. Although there is a support service, it is hard to wait for real competent help from them. The website is not very informative and it will be very difficult for a beginner to find the necessary information.
You can develop your own business model and attract other traders. If you want to test yourself as an asset manager, then you are here, trade well and customers will run to you, the company will help show you in the best light.
Advantages: User-friendly interface Technical support
Disadvantages: None.
In my opinion, this is one of the best companies. Everything that is written in the regulations is all observed. Support is at a height, transactions are not canceled, income is withdrawn. What I like most of all is the lightning-fast opening (closing) of orders. I manually trade with them on the news, and even in nonfarm they do not have suspensions in execution. Another thing they are good at is a properly developed tactic of attracting other traders to your account, if you are successful, others will reach out to you and bring you money for trading. You can develop your own business model and attract other traders.
Advantages: Очень быстрое открытие и закрытие счетов, техподдержка работает отлично и отвечает быстро, решая вопросы любой сложности.
Disadvantages: размер вашего максимального депозита привязан к годовому доходу.
Еще один надежный и продвинутый в торговых условиях брокер. Кто хочет безопасности может идти сюда, но учтите что здесь минимальный депозит от 500 долларов, плюс обязательная верификация документов и на английском, так как компания регулируется FCA.
Advantages: Very fast opening and closing of accounts, technical support works perfectly and responds quickly, solving issues of any complexity.
Disadvantages: The size of your maximum deposit is tied to your annual income.
Another reliable and advanced broker in trading conditions. Anyone who wants security can go here, but keep in mind that there is a minimum deposit of $ 500, plus mandatory verification of documents in English, since the company is regulated by the FCA.
Accounts
Type of Trading Accounts on Darwinex
Darwinex offers regular and professional trading accounts for eligible traders. The regular trading account can be individual, joint, or corporate.
- Individual account: Individuals looking to trade on their own should go for the individual account. This account grants access to one user and is available on both the MT4 and MT5 trading platforms. This account's minimum individual deposit requirement is 500 EUR/USD/GBP. The minimum for subsequent deposits is 100 EUR/USD/GBP.
- Joint account: The joint account has the same trading conditions and requirements as the individual account. The only difference is that the individual account is restricted to one user, while the joint account grants access to multiple users. All parties to the joint account share the responsibility and privileges of the account equally.
- Corporate account: The corporate account is for financial services firms and clients who want to trade with their brand name. The same trading conditions of the individual account apply to the corporate account. However, the minimum initial deposit requirement for the corporate Darwinex accounts is 10,000 EUR/USD/GBP.
- Professional account: Clients with a professional account have access to a dedicated account manager, monthly volume-based rebates, and leverage above retail leverage restrictions. Professional clients can also apply to be recategorized as retail clients at any time. The downside to being a professional client is that you are no longer protected by the Financial Services Compensation Scheme (FSCS). To become a professional client, you must meet at least two of these three criteria: trade an average of 10 large transactions per quarter over four previous quarters, have a portfolio worth over 500,000EUR, or work or have worked in a professional position for at least one year.
- Demo account: All clients can create a demo account from their account dashboard. Clients can also open it directly from the open demo trading account page. Demo accounts expire if you don't log into them for 20 days, and once they expire, they cannot be restored. However, the client can always create a new demo account.
Classic - Darwinex
Best for: Who prefer a straightforward trading experience.
Phone trading Scalping Hedging Trading with expert advisers Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsMetaTrader 4MetaTrader 5MetaTrader 4 MobileMetaTrader 5 Mobile
Deposit currencyUSDGBPEUR
Trading instruments
- Forex1:30
- CFDs Indices1:20
- Metals Gold, Silver1:20
- Energy Source Oil, Gas1:10
- Shares1:5
- Stock exchange Indices, Gold, Silver, Oil, Gas, Funds (ETF)
- Min deposit$500/€500/£500
- Max leverageThe leverage is applied per instrument type
- Commissionstarts at 0.005%
- Execution typemarket
- Speed of executionVaries
- Spread typefloating
- Minimum position size0.01 units
- Maximum position sizeVaries
- Max. number of ordersNo limits
- Decimal places5
- Margin Call100%
- Stop Out50%
- Locked margin levelNot specified
Tradable instruments
Tradable instruments on Darwinex trading platforms include:
✓Currencies30
✓Indices10
✓Commodities4
✓Stocks1000
✓ETF1000
✓Futures50
Frequently asked questions
Find the right answer to your question below.
Is Darwinex a Scam?
No. Darwinex is a legitimate forex trading platform with regulatory licenses from the UK's Financial Conduct Authority (FCA) and the Comisión Nacional del Mercado de Valores (CNMV) in Spain.
Can US residents open Darwinex trading accounts?
No. Due to legal and regulatory requirements, US residents may not open Darwinex trading accounts.
How do I open a Darwinex Forex trading account?
Visit Darwinex and select "Sign Up" at the top of the page.
