Darwinex provides for a range of markets although they are quite limited in terms of assets available with a little over 50 in total to trade. Here is a more detailed look at exactly what is available.
Darwinex has a total of 41 forex currencies available for trading. Here you will find a spread that starts from as low as possible at 0 pips with a $3 per lot round turn commission. You will also have access to leverage which reached a maximum of 30:1.
When it comes to commodities, there are a total of 4 available for trading with Darwinex. These include 2 metals in the form of Gold and Silver, and also 2 energies in the form of WTI and Brent Crude oil. Here you can access leverage of up to 20:1.
There are a total of 10 indices available for trading at Darwinex. These include major indices from countries all round the world such as the US, UK, Australia, China, and various EU nations.
Trading cryptocurrencies at Darwinex you will find that a total of 5 markets are available. These include all of the major cryptos such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple. Although no leverage on trading is facilitated here, you can purchase fractions of cryptocurrencies.
Execution, leverage and position sizing
Darwinex is an NDD (No Dealing Desk) Broker. As an NDD broker, they facilitate the most direct access possible to the interbank market. Ultimately as a trader, this means that you will have some of the fastest trade executions around, coupled with some of the lowest spreads and commissions available from any broker. This type of execution is ideal from a trader perspective.
The minimum trade size at Darwinex is 1 micro lot. This is equal to 0.01 standard lots and means that you can open a non-leveraged position for as little as $1000. Then if you are trading on leverage, this amount needed to open the position will be proportionately lower.
When it comes to Darwinex leverage, it is important to note that the broker is not regulated outside the UK and EU. Given that, the maximum leverage you can have on any market as a retail client is 30:1. This depends on your status as a trader though, with the exception that as a professional trader you can access up to 500:1 leverage.
Although the leverage on the assets within these markets may vary, typically the maximum Darwinex leverage allowed is 30:1 on major forex pairs, 20:1 on other forex pairs, 20:1 on gold and major indices, 10:1 on non-major indices and other commodities, 5:1 on stocks, and 1:1 on cryptocurrency.
The area of risk management is understandably of great importance when you are trading with any broker. This is something that Darwinex very much recognizes and provides tools to assist you in collaboration with the trading platforms available.
Through the platforms you can put stop losses, trailing stops, and take profits in place to help control your exit points from a particular trade. Limit orders can help manage your entry levels into positions, and margin calls are facilitated to help you manage levels of equity. All of these tools make it possible to manage your trading risk through the broker and trading platforms. A guaranteed stop loss position can also be set for a small mark up on the trade.
The Darwinex trading hours refer to the time periods during which the assets are available to be traded. These differ slightly depending on the asset. Forex trading markets are available on a 24/5 basis Monday to Friday. Commodities are available on a 23/5 basis with a 1 hour pause between the days, while the crypto trading markets are available 24/7. Both the indices and stock markets are available during the local hours of the actual markets you are trading.
Forbidden trading techniques
When it comes to trading techniques you can utilize as a Darwinex trader, both scalping and hedging are possible. The use of VPS is also permitted with Darwinex as it utilizes the EAs features within the MetaTrader platform. In fact, the broker caters very well for this use with its own APIs such as the FIX API which provides you more information about a particular market during opening hours.
MetaTrader MQL robots are also allowed as is MetaTrader Zorro which is a self-learning AI that is particularly useful when testing out trading strategies. The Darwin API is also available and this too provides additional trading and order features. Overall then, the broker provides for automated traders and those with a variety of trading techniques extremely well.
Platforms & Mobile
Here is a detailed look at what you can expect from the trading platforms on offer through all mediums when you are trading with Darwinex.
Charting and Trading tools
The charting and trading tools on offer at Darwinex are all provided through MetaTrader. This should be of comfort to you as a trader since MetaTrader is one of the top trading platforms when it comes to providing charting tools and indicators. They offer a total of 51 charting indicators and 31 drawing tools as standard though these can be further added to and customized with the support of the trading platform community should you need to. The highest levels of convenience are also on offer with one click trading directly from charts available, and the ability to keep updated with markets through regular customized price alerts.
MetaTrader 4 is one of the trading platforms you will have to choose from when trading with Darwinex. It is now renowned as one of the best, most powerful trading platforms in the industry. It provides for the highest levels of security with encrypted communication and features a wealth of indicators and charting tools in one of the most highly-customizable trading platforms available. It also facilitates the creation of automated trading strategies and a mobile trading platform that loses none of this comprehensive functionality. MT4 is one of the most respected trading platforms for a reason and that has much to do with combining a highly professional, lightweight trading platform, with some of the best functionality and flexibility in the sector.
The trading platform is available on all mediums including desktop, webtrader, and mobile, and can be run on basically any machine through Windows, Mac, Android, or iOS.
MT5 houses almost all of the same excellent features that you will also find in MT4. Here, there are a few slight upgrades which will allow you to trade in more markets, with more indicators, and a total of 6 more pending orders along with an increased market depth detail level which now includes a 21 different timeframes for trading.
The best thing is, through MT5 you will lose none of the top-grade functionality and level of trading capability that you have access to in MT4. It has simply advanced in a few areas. Again, this trading platform is available through all mediums as a Webtrader and on mobile with compatibility for both Android and iOS.
Darwinex Proprietary trading platform
Besides having access to two of the very best trading platforms ever released in MT4 and MT5, at Darwinex you can utilize their own very user-friendly and intuitive trading platform. This provides for all of the social trading features and access to the Darwinnex community. It can be an ideal place for testing out any trading robots and managing your account. The Webtrader provides many of the same excellent features you will also find with MT4 and MT5, though it is put together in a more visually appealing manner.
The Darwinex trading platform also includes a “hall of fame” area where you can see some of the most profitable traders with the broker, and a detailed education section. It is an excellent addition to the selection of great platforms that are already available.
Darwinex Mobile Platform
The Darwinex mobile trading platform is also available and provides for a very lightweight and user-friendly alternative if you are not mobile trading through MT4 or MT5. It is particularly useful if you are engaged in copy trading with Darwinex and will allow you the chance to manage your account, including deposits, and withdrawals easily on the move.
Special features you can find on Darwinex
There are also some other products which you may encounter when actively trading with Darwinex.
€30M DarwinIA Challenge
This Darwinex product is a form of contest or challenge which rewards the best performing Darwinex traders each month with an amount of €5,000,000 in notional capital which they can then reinvest over a period of 6 months.
This amount will be shared between the top 80 traders in a month, and they will then have the right to earn 20% on the profits generated from this reinvestment as a performance fee.
Social Trading – Copy Trading
Darwinex provides very much for both social and copy trading as a point of focus in their operation.
Social trading with Darwinex is particularly well provided for through their webtrader platform where you can also interact with other Darwinex community members. Through this proprietary trading platform you will also be able to follow other traders.
If you wish to engage in copy trading, this is also possible through the support of the MT4 EAs, APIs and MQL trading community from which you can copy strategies and trading robots to implement on your own trading platform.