darwinex

Note: Darwinexs official site - https://www.darwinex.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

The Darwinex® trademark and the www.darwinex.com domain are owned by Tradeslide Trading Tech Limited, a company authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with FRN 586466, established in March 2012.

Darwinex is headquartered in London, UK, and now has more than 40 employees at its headquarters in London and its Madrid office. Darwinex offers hundreds of instruments to traders in categories including Forex pairs, indices, stocks, and commodities.

Note: The screenshot date is February 16, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

The main assets offered for trading by Darwinex are Forex, indices, CFDs on raw materials, US stocks, and futures.

Account Types

Darwinex offers a choice of three accounts for equities and futures: the Classic, the Darwin Equity, and the Darwin Futures accounts. The minimum deposit for opening a live account is $500, and the accounts accept Euros, USD, and GBP as base currencies. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Demo Accounts Available

Darwinex makes demo accounts available. The demo account with Darwinex has the same features as the live accounts. This includes the prices and spreads, the commissions, and the swaps you are charged. An added feature with the demo account offered by Darwinex is that it does not expire after 3-days like most other brokers.

Leverage

Darwinex clients have access to standard leverage levels ( with a maximum leverage of up to 1:30) in line with the European Securities and Markets Authority (ESMA) regulations regarding leverage levels offered to retail traders based in the EU. However, professional traders can access higher leverage levels, but they lose out on ESMA protections.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Darwinex's forex and CFD products have floating spreads, with minimum spreads of 0.3 pips on EURUSD, 0.6 pips on EURGBP, 0.3 pips on EURGBP, 1 pip on AUS200, 0.2 pips on SPX500, 0.21 pips on XAUUSD, and a commission of 0.0025% of the transaction value. The spread for the gold dollar is 0.21 pips, and the trading commission is 0.0025% of the value of the trade, and the spread for the XAGUSD is 0.01 pips, and the trading commission is 0.002% of the value of the trade. The NASDAQ and NYSE contracts are both traded at $0.02.

Trading Platform

The platform available for trading at Darwinex is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

Deposit and withdrawal methods accepted by Darwinex are Bank Wire, VISA, MasterCard, Trustly, and Skrill. The minimum deposit amount is $500 (less than $500 will be subject to a commission of $/€/£5). The maximum withdrawal amount with Skrill is $5,000. The fees for wire transfers depend on the trader's bank of choice, and the minimum fee for withdrawals via credit cards and Skrill is $2.

Customer Support

Clients with any inquiries or trading-related issues can get in touch with Darwinex through the following contact channels:

Telephone: +44 20 3769 1554, +34 910 610 060

Email: info@darwinex.com

QQ: 1503642372

Or you can also follow this broker on some social media platforms, such as Twitter, Facebook, Linkedin, and Youtube.

Company address: Level 39, 1 Canada Square, Canary Wharf, London E14 5AB, UK.

Pros & Cons

Frequently Asked Questions (FAQs)

go-markets

General information and regulations of GO MARKETS

GO MARKETS is an online forex broker registered in Seychelles and regulated by ASIC, CYSEC, FSC and FSA.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

Market instruments

Currency pairs, indices, commodities, metals, energy, stocks.....GO MARKETS allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on GO MARKETS. However, cryptocurrencies are currently unavailable.

Spreads and commissions for trading with GO MARKETS

Spreads, commissions and other additional trading cost are quite important when it comes to calculating the gains and losses. In the case of GO MARKETS, it provides a real-time spread table. We can see that the spread for EURUSD is 1.7 pips. The commissions depend on the account types.

Account Types for GO MARKETS

Demo Account: GO MARKETS provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: GO MARKETS offers a total of 2 account types: standard and pro. The minimum deposit to open an account is $500 and $3,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

Trading platforms offered by GO MARKETS

As for trading platforms, clients can choose between the market leaders MetaTrader4 and MetaTrader5, which can be accessed from many devices.

However, have you ever wondered or are you wondering which platform you should use？ Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.

https://www.wikifx.com/es/wikishow/202207208464173722.html

Leverage offered by GO MARKETS

GO MARKETS offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Deposit and withdrawal methods and fees

GO MARKETS is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

A series of educational resources is available at GO MARKETS, such as aurochartist, trading central, economic calendar and VPS.

Customer support of GO MARKETS

Below are the details about the customer service.

Language(s): English, Chinese

Service Hours: 24/5

Email: Support@gomarkets.sc AsiaAccounts@gomarkets.sc

Phone Number: +248 4 671 903

400 120 8537

Address: Office No. 1, First Floor, Sivas Complex, Providence, Mahe, Seychelles

Social media: Facebook, Instagram, LinkedIn, YouTube, twitter

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed.

Advantages and disadvantages of GO MARKETS

Advantages:

High leverage

MT4, MT5

Sufficient information

Educational resources

Demo account

Disadvantages:

No effective regulation

No cryptocurrencies

Few deposit and withdrawal methods

Frequent asked questions about GO MARKETS

Is this broker well regulated？

Yes, it is currently effectively regulated by ASIC, CYSEC, FSC and FSA.

Can I trade cryptocurrencies in GO MARKETS？

No, GO MARKETS does not currently offer cryptocurrency trading services.