Darwinex is considered low-risk, Aetos is not publicly traded, does not operate a bank, and is authorised by three tier-1 regulators (high trust), four tier-2 regulators (average trust), and one tier-3 regulator (low trust).

How long do Darwinex withdrawals take?

Withdrawals at Darwinex take one to two business days, which is comparable to nearly every forex broker. The withdrawal time can also vary depending on your chosen withdrawal method. It’s important that your account is up to date; even though you may have been verified upon opening your account, your broker may ask you to provide an updated proof of ID and proof of address to process your request if considerable time has passed.

What is the minimum deposit at Darwinex ?

The minimum deposit at Darwinex is generally 250 units of currency, depending on the denomination of your account balance. For example, a USD account will have a $250 minimum deposit whether you fund via wire or credit card. That said, Aetos recommends you start with one to two thousand of your preferred base currency, with the EUR, GBP, AUD all supported as available options, for traders looking for the full experience across its products.

Is my money safe in Darwinex ?

Yes, your money is as safe with Darwinex as it would be with any online broker that is globally regulated in top-tier jurisdictions and authorized to hold its client’s funds. Darwinex is trusted by over numerous customers with millions of dollars in deposits. There is always counterparty risk, which is why you should only choose brokers that are well-capitalized, in addition to being highly regulated.

Darwinex Review- Scam or Legitimate Forex Broker -

Name: Darwinex Review - Legit or Scam Forex Broker
Item: Darwinex Review - Legit or Scam Forex Broker
Rating: 6.90
Author: Justine Glover

Darwinex Review

Table of Contents

Is Darwinex a Scam or Legit Forex Broker?

What is Darwinex?

darwinex logo

Founded in 2012 as a technology provider, the Tradeslide Trading Tech. Two years later started its operation as an FCA regulated broker under the name – Darwinex,

They have their headquarters in London and a developed office in Spain.

Currently, the company serves traders and investors from more than 100 countries and is a recognized trading provider.

The broker is a pooling member of an exchange that connects two parties and brings an opportunity for both investors and traders to swap while providing the regulatory cover of a 20% success fee.

Along with transparent and fair trading conditions throughout professional control of risks, Darwinex performs proprietary investments, scoring and managing own funds for six months.

darwinex broker

Is Darwinex safe or a scam No, Darwinex is not a scam. Top-tier FCA firms regulate it with low-risk trading.

ITradeslide Trading Tech Limited, known as Darwinex, is authorized and regulated in the UK by the Financial Conduct Authority that protects clients and their investments by every means.

As a regulated broker, all client funds are thoroughly segregated and kept in separate bank accounts, ensuring traders’ money is not used for the company purpose.

Also, every trader or investor is automatically a member of the Financial Services Compensation Scheme (FSCS) that offers protection up to GBP 50,000 per client in case of insolvency.

In addition, there is an implemented negative balance protection that secures funds from losses more significant than the initial balance.

As a regulated broker, all client funds are thoroughly segregated and kept in separate bank accounts, ensuring traders’ money is not used for the company purpose.

Darwinex develops algorithms and disruptive investment alternatives while trading orders are sent directly to the market, which means a company uses DMA execution with institutional quality spreads and rapid median speeds via solvent Prime Brokers (LMAX and SaxoBank).

The market’s offerings include FX, Cryptocurrencies, commodities, CFDs on the major stock indices via MT4 or MT5 platforms, and FIX APIs.

Darwinex performs trading contests with monthly capital allocation to the best Darwins for six months.

That contest award the most consistent traders every month that are picked on the ranking criteria of D-score, monthly returns and activity. And all that accompanies comprehensive learning sources through Darwinex education and regular support at every step.

Leverage

Since Darwinex is a UK based brokerage firm that delivers its service through FCA strict regulations, there are applicable requirements towards every offering Darwinex complies with. Therefore, Darwinex offers marginal trading, allowing you to trade more prominent positions throughout leverage.

* The maximum allowed leverage levels are set to a:

1:30 for major currency pairs,
1:20 for minor ones and
1:10 for commodities.

However, since leverage gives a great advantage and may increase your potential gains, you should learn how to use leverage smartly and obtain good knowledge about it.

Account types

Darwinex offers two different account types designed for a particular need; one account is created for traders and another for investors. Further on, the account will vary according to the chosen platform MT4, either MT5 or even by using the technology.

Furthermore, every client can open as many accounts as he wishes. However, should bear in mind that the MT5 platform requires directly to choose which asset will be traded.
The trader account allows not only to earn from own trader, by to earn 20% success fee for generated profits for 3rd party investors, which is an excellent possibility for active and professional traders. In reverse, investors may find numerous traders divided by ranking and invest the desired amount into their strategy through PAMM accounts.

Fees

Darwinex fees are built into a spread. In addition, consider other non-trading costs like a commission for funding, inactivity, etc.

Deposits and Withdrawals

The last point is funding ente. The user’s Darwinex Wallet allows convenient fund transferring by deposits that can be performed through bank wire, credit cards, e-wallets or Union and further withdrawals.
The range of supported options also includes Trustly. This payment method allows you to order a transfer from/to your bank account to/from your Darwinex Wallet and have the funds available to use instantly.
Minimum deposit – Darwinex minimum deposit is 500$.

Trading Platforms

darwinex Trading platform

The Quant team developed the Darwinex proprietary technology over five years of research and improvements while offering a fast execution DMA model. Therefore, it is essential to have a mainstay on trusted and proven software.
Thus, Darwinex chose as a popular MT4, as well new age MT5 platform to perform the trading process.

The choice was made not only because more than 50% of global orders are done through MT4 but also because of the platform’s performance.

The MT4 and MT5 terminals can be accessed through desktop versions and mobile applications for both Android and iOS.

Moreover, there are additional features like FIX APU and engineered libraries to compliment trading performance through bridges and various servers. These include Darwinex Zorro MT4 and MT5 and vast algorithmic trading offers from the selection.

Methodology for Forex Broker Reviews

Our forex broker reviews are conducted with a comprehensive, transparent methodology designed to give traders the information they need to make informed decisions. Here’s how we do it:

Platform and Technology: We evaluate the trading platform for ease of use, reliability, and the availability of essential tools and features that support effective trading strategies.
Asset Range: We assess the variety of trading instruments, including currency pairs, commodities, and indices, to ensure traders have ample opportunities.
Fees and Spreads: We examine the broker’s fee structure, including spreads, commissions, and hidden charges, to gauge the cost-effectiveness of trading with them.
Regulation and Security: We verify the broker’s regulatory compliance and the measures they take to protect client funds and personal information, underscoring their trustworthiness.
Customer Support: We test the support team’s responsiveness, availability, and expertise to ensure traders can get assistance when needed.
Educational Resources: We explore the availability and quality of educational materials and resources to support traders at all experience levels.
User Reviews and Community Feedback: We consider feedback from the trading community and existing users to provide a well-rounded view of the broker’s performance and reputation.

This systematic approach ensures our reviews are thorough, unbiased, and reliable, helping traders navigate the complex world of forex trading confidently.

Justine Glover

About the Author

Justine Glover is a seasoned financial analyst and forex trader with over a decade of experience in the financial markets. Holding a Master’s in Finance from the University of Chicago, Justine has worked with several leading brokerage firms, developing trading strategies and economic models. Her insights have been featured in major financial publications, including Forbes and Bloomberg.

She is now living in Gstaad, Switzerland.

Disclaimer: Risks of Trading

In our review of Capitalix, we have examined several different characteristics, and it is easy to see why it has become one of the better trading platforms on the market. With low fees and trading costs, it’s also easy for beginners to get started.>

However, you should still consider the risks with this type of broker. When you use a trading platform where you trade CFDs, there is always a risk of losing money, but the risk will be higher if you start using leverage.

Therefore, limit your trading to smaller lots and don’t go in with more capital than you can afford to lose. It’s also important not to overdo it with leverage, even though it sometimes feels tempting. The risk is that you always lose more than necessary.