The online brokerage firm Darwinex requires a capital deposit from the trader owning the brokerage account to activate the CFD and Retail foreign exchange (Forex) trading platform.
The minimum amount required with Darwinex is $500, which can be deposited via various methods, including wire transfer, debit card, credit card, eWallet. It should be noted that the minimum deposit with Darwinex may vary depending on the type of trading account chosen.
Darwinex may charge commissions on deposits, and may also apply conversion fees if depositing in a currency different from the account base currency.
What is the Darwinex minimum deposit?
The Darwinex minimum deposit is $500 for Individual and Joint accounts. The amount is up to $10.000 across the Corporate, Stocks and Futures Classic, Stocks Darwin and Futures Darwin accounts.
Deposits and withdrawals with Darwinex can be carried out with several famous payment methods.
The Darwinex deposit features are listed in this table below:
| DARWINEX DEPOSIT FEATURES | CHARACTERISTICS |
|---|---|
| Classic Account | $500 minimum deposit |
| Joint Account | $500 minimum deposit |
| Classic Account (Stocks and Futures) | $10,000 minimum deposit |
| Corporate Account | $10,000 minimum deposit |
| Stocks Darwin Account | $10,000 minimum deposit |
| Futures Darwin Account | $10,000 minimum deposit |
| Deposit Fees | Yes |
| Withdrawal Fees | Yes |
| Account currencies | USD, EUR, GBP |
61% of retail CFD accounts lose money
If you want to discover more about the account types provided by the broker, read our Darwinex account types guide.
What are the Darwinex account base currencies?
The Darwinex account base currencies are the EUR, USD and GBP.
Those three base currencies are available worldwide.
What are the Darwinex funding and deposit methods?
Darwinex offers the following deposit methods:
- Wire Transfers: when using this funding method, there is no minimum deposit. However, if your deposit is below $500, Darwinex may apply a flat $5 fee. This deposit method takes between 1-3 business days to process and reach your account.
- Credit/Debit Cards: Darwinex accepts Visa and Mastercards Credit and Debit cards. This funding method has no fee at all and the funds will instantly appear in your Darwinex account after you have deposited.
- eWallets: Darwinex accepts Skrill deposits. Skrill deposits at Darwinex charge a 0.5% fee, and there’s an instant processing time.
- Trustly: If you do choose to deposit in this way, Darwinex deposits are processed within 24-hours. There are no fees charged in this case.
What are the steps to fund your Darwinex account?
Here’s the steps to follow when funding your Darwinex account for the first time.
- Create a Darwinex account:
You first need to open a Darwinex account on the platform. You can start by opening a demo account if you’re new to trading. The demo account lasts a 30-day trial period. For more info about demo accounts, here’s a top ten listing the best forex demo accounts out there. If you’re already familiar with the trading world, you can skip directly to the opening of a Darwinex live account.
- Verify the Darwinex account:
Once you apply for the live account, the broker will have to verify your account. You need to provide documents like your passport and a utility bill or bank statement to prove your identity and address.
- Fund your Darwinex account:
Once the account is verified, you can proceed to fund your account. Remember to stick at least to the minimum deposit limits. After that, wait for your deposit to be processed and then you can start trading.
How does the Darwinex minimum deposit compare with other major brokers?
The comparison between Darwinex minimum deposit and those of other brokers can be found in this table below:
| DARWINEX | ETORO | ZULUTRADE* | |
|---|---|---|---|
| Minimum Deposit | $500 | $200 | $100** |
| Bank Wires | Yes | Yes | Yes |
| Credit/Debit Cards | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Skrill | Yes | Yes | Yes |
| Neteller | No | Yes | Yes |
| Numer of deposit methods | 7 | 9 | 7 |
| Account currencies | USD, EUR, GBP | USD | USD, GBP, EUR |
* You should consider the broker you connect to. These are all generally accepted worldwide.
** ZuluTrade requires you to keep at least $100 in the account it is connected to.
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Does Darwinex offer deposit bonuses?
Darwinex doesn’t offer deposit bonuses.
This comes primarily as a result of ESMA regulations within Europe and a strong effort from the broker to remain compliant which in one way is excellent for you as a potential trader.
However, some brokers still do offer these bonuses outside the aforementioned region, and you should check our forex brokers bonus promotions if you want to know which are the best.