General Information & Regulation

Founded in 2002, FXMarket is an international professional stock index broker with headquarters in London, UK and offices in the US, Canada, Hong Kong, Malaysia, and St.Vincent, providing one-stop trading services including precious metals, commodities, stock indices, Hong Kong and U.S. stocks, bonds, and digital currencies. FXMarket (QIMI FX MARKET LTD) is an important part of FXMarket Group's globalization strategy in East and Southeast Asia. As a sub-brand of the Group, the QIMI stock index since its inception is the focus on the layout of the Asia-Pacific region and customer development to explore the various needs of Chinese customers around the world. The FX Market platform currently holds an authorized representative license from ASIC (license number: 001282243) and a general financial license from NFA (license number: 0527475), as well as being regulated offshore by the St. Vincent's Financial Conduct Authority.

Market Instruments

FXMarket offers financial instruments including index futures, stock CFDs, metals, commodities, and digital currencies.

Minimum Deposit

FXMarket has three types of accounts: the Standard (minimum deposit of $100), the VIP (minimum deposit of $5,000), and the ECN (minimum deposit of $20,000). The initial deposit of $100 is quite affordable for most regular traders.

FXMarket Leverage

Forex leverage is available from 1:50 to 1:1000 for standard accounts, 1:50 to 1:400 for VIP accounts, and 1:50 to 1:200 for ECN accounts.

FXMarket Spreads

FXMarket claims that spread on EURUSD amounts to 1 pip on its platform, but other fees like commissions are not fully disclosed.

Trading Platforms

FXMarket offers traders the most popular MT4 trading platform available today, as well as MT4 PC, MT4 Mobile, MT4 Web, and My FXBook automated trading. FXMarket MT4 forex trading accounts, linked to a variety of world-class Forex trading platforms, allow you to trade forex anytime, anywhere, whenever the market is open. All FXMarket trading platforms support real-time bi-directional links to MT4, and all MT4 trading platforms are updated simultaneously, meaning that you can place, close, pending and modify all orders in real-time, whether from your computer via client-side, browser, or cell phone, or iPad.

Deposit & Withdrawal

FXMarket supports a variety of deposit methods for traders. Traders can pay via domestic banks, international bank transfers, WeChat, Alipay, Cloudflare, online credit cards, and savings cards. The currencies available for internet banking transfers are USDT and RMB, and bank wire transfers (international SWIFT) are available in USD, EUR, GBP, and JPY. The single transaction limit for WeChat/Alipay/Cloud Flash Pay is US$100 - US$2,000. With regard to withdrawals, the deposit platform does not charge any fees (excluding international wire transfers and wallet payments). There are three free withdrawal opportunities per month for a single account for those who submit RMB withdrawal requests via the China UnionPay channel.

Darwinex Information

Darwinex is a regulated broker, offering trading on forex, CFDs, commodities, ETFs, futures, and stocks, with spread from 0.0 pips on MT4 and MT5 platforms. The minimum deposit requirement is up to $500.

Pros and Cons

Is Darwinex Legit?

Yes. Darwinex is licensed by FCA with license number 586466 to offer services.

What Can I Trade on Darwinex?

Darwinex offers trading on forex, CFDs, commodities, ETFs, futures, and stocks.

Account Type

Darwinex offers three types of accounts, DARWIN IBKR Account, Classic IBKR Account, and Professional Account. However, account features are not disclosed.

Darwinex Fees

Spreads & Commissions

Darwinex offers spreads from 0.0 pips.

Besides, an 5 EUR/GBP/USD commission applies to deposits by bank transfer below 500 EUR/GBP/USD. Additional charges by the bank may apply in case of USD deposits by bank wire below 2,000 USD. In case of deposits from Skrill, Darwine charges a 0.5% commission.

Swap Rates

Swap rates may change without prior notice. Swaps are charged daily at 17:00 NY City time. Wednesday swaps are charged in triple size.

The swaps shown are the indicative amounts of the liquidity provider for the end of the day. In the event that the actual amount of swaps charged to Darwinex at the end of the day varies substantially from the published amount, Darwinex reserves the right to modify the swaps to customers at the time of application to adjust them to the amounts actually charged by the provider.

USD/CAD, USD/TRY swaps are charged daily at 17:00 NY City time. Thursday swaps are charged in triple size.

Trading Platform

Deposit and Withdrawal

Darwinex accepts payments via credit/debit cards, Skrill, CUP P2P, and bank transfer.