Do you want to know which is the better broker between Darwinex and Grand Capital ?
In the table below, you can compare the features of Darwinex , Grand Capital side by side to determine the best fit for your needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of darwinex, grand-capital lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
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.
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
|Registered Country/Region||United Kingdom|
|Market Instrument||Forex, indices, CFDs on raw materials, US stocks, and futures|
|Account Type||Classic, Darwin Equity, Darwin Futures|
|Spread (EUR/USD)||0.3 pips|
|Commission||Vary on the asset class|
|Deposit & Withdrawal Method||Bank Wire, VISA, MasterCard, Trustly, Skrill|
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.
The main assets offered for trading by Darwinex are Forex, indices, CFDs on raw materials, US stocks, and futures.
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.
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.
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.
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
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
|• FCA-regulated||• Traders from the U.S. are not accepted|
|• Transparent commissions and fees||• Website inaccessible|
|• Three trading accounts to choose from||• High account-opening amount|
|• Deposit and withdrawal fees applied||• Limited trading tools|
Frequently Asked Questions (FAQs)
|Q 1:||Is Darwinex regulated？|
|A 1:||Yes. Darwinex is authorized and regulated by the Financial Conduct Authority (FCA) under regulatory license no. 586466.|
|Q 2:||At Darwinex, are there any regional restrictions for traders？|
|A 2:||Yes. US clients not accepted.|
|Q 3:||Does Darwinex offer demo accounts？|
|Q 4:||Does Darwinex offer the industry-standard MT4 & MT5？|
|A 4:||Yes. Darwinex supports MT4.|
|Q 5:||What is the minimum deposit for Darwinex？|
|A 5:||The minimum initial deposit to open an account is $500.|
|Q 6:||Is Darwinex a good broker for beginners？|
|A 6:||Yes. Darwinex is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.|
General Information & Regulation
Grand Capital Holdings Limited is a financial services firm based in Hong Kong. Its wholly owned subsidiaries of Grand Capital Securities Limited and Grand Capital Futures Limited, offer execution and advisory services to individuals, corporations and institutions through its brokerage, wealth management, asset management and institutional divisions. Clients can utilize self-directed and advisor assisted channels to access global markets and gain exposure to multiple asset classes. Grand Capital is licensed by SFC to conduct type 1, 2, 4, 5 and 9 regulated activities and holds trading and clearing memberships on the Stock Exchange of Hong Kong and Hong Kong Futures Exchange.
Products offered by Grand Capital Holdings Limited include Securities, Futures, Stock Options, and Fixed Income.
Services offered by Grand Capital Holdings Limited include Brokerage services, Wealth Management, Asset Management, Institutional Services.
Trading Platform Available
Grand Capital Holdings Limited gives its clients give two choices: iTrade and WebTrade.
TheGrand Capital Holdings Limited customer support can be reached through telephone: Tel +852 3891 9888, Fax: +852 2529 2899 , as well as email: email@example.com.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive darwinex and grand-capital are, we first considered common fees for standard accounts. On darwinex, the average spread for the EUR/USD currency pair is -- pips, while on grand-capital the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
darwinex is regulated by FCA. grand-capital is regulated by SFC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
darwinex provides trading platform including Stocks Darwin,Futures Darwin,Classic and trading variety including 200 US stocks. grand-capital provides trading platform including -- and trading variety including --.