Darwinex Review

Darwinex is a young British broker founded in 2012 which gained popularity in social trading. It enables investors to invest in 1,200 strategies developed by traders.

Accounts and Commissions

Darwin accounts are the main investment product of the company. It is similar to PAMM account used by many traders. Darwin account is tied to a trading account manager who trades on Forex. The financial result of a trader’s activity leads to a change in the profitability of a Darwin account. The manager’s trade is adjusted to the Darwin account with the risk adjustment in accordance with the platform’s strategies. In the statistics of all Darwin accounts, the VaR indicator will always be 10%.

Trading commissions vary depending on user’s actions. For all users, including investors and independently working traders, there are spreads for each transaction plus a commission, since Darwinex is an agent broker and works without its own dealing department). Spreads vary, and the commission for the full transaction that is added to each transaction can also vary depending on the pair being traded. The functionality of the broker allows users to invest in double-risk Darwin accounts by increasing the funds available for investment by half after switching on the trading mode with a leverage of 1:2.

 Trading Platforms Darwinex

 The broker works on two platforms: its own software and the popular MetaTrader 4 (MT4).

The Darwinex web platform is developed on the basis of HTML5, therefore it supports the brand-new web standards and offers customers a great interface. Customers can easily analyze the effectiveness of the selected Darwin strategy and find several tabs for a more thorough analysis.

The DarwinIA section indicates the latest strategies that have received a monthly payment from the company from a special pool in the amount of four million EUR.

Darwinex offers various innovative features, from customized filters to risk management settings. However, self-employed independent traders may have difficulties as there are no tools for analyzing charts, information flows on Forex prices and any other trading functions besides buying and selling Darwin strategies.

On the main dashboards, users will see the mail statistics of Darwin account: its unique code, the name and link to the basic trading strategy of the manager, the value of D-Score, 12 investment characteristics on the basis of D-Score, etc.

The visual analytics include the graph of the dynamics of account profitability, distribution chart of profitable and unprofitable days, distribution of trading activity of the account by the hour during the day, trading activity by day of the week and by currency pairs, the maximum profit and loss that each transaction reached, the ratio of the duration of the retention of transactions to the resulting profit in points, the historical dynamics of the number of investors and the volume of investment funds in management, the results divergence chart, the chart of divergence and delay for individual transactions, etc.

The mobile applications of MetaTrader 4 (MT4) and Darwinex with all the necessary tools are available as well.

Characteristics

• Activities are regulated in the UK and certified throughout the EU
• Innovative performance assessment tools and strategy analysis tools
• Repayments and commissions are structured according to the hedge fund principles