Darwinex Review South Africa – Unbiased Pros & Cons Revealed ( 2020 )

Darwinex Review

Darwinex Review




According to research in South Africa, Darwinex is a London-based asset manager, technology provider and brokerage firm. It offers a range of financial products and fund management services in more than 80 countries globally, with the exception of the United States.

The company employs more than 40 trading experts and has a customer base of more than 3 000 traders. Traders can choose from several trading options such as forex, commodities, cryptocurrencies, USA stocks and indices.

The company offers prices from more than one source, providing several advantages depending on market conditions. It also offers excellent speed to access these markets as well as liquidity during high-volatility conditions.

Darwinex’s proprietary aggregation engine evaluates market conditions and directs customers to the best providers.

The company is committed to offer equal opportunities, timely execution, up-to-date market information and fair prices to its customers in order to maximise funds and experience, and minimize risks.

Darwinex servers are X-connected to its liquidity providers at the London Equinix LD4 Data Centre. Its MetaTrader servers are co-located with its liquidity providers’ servers to minimize transmission latency.

Darwinex’s history dates back to March 2012 when Tradeslide Trading Tech is founded. During April 2013, it launches a diagnostic algorithm trading strategy. In May 2014 the company starts doing business as Darwinex, a regulated broker by the FCA.




Darwinex is a regulated company and is authorised to offer its services. The Financial Conduct Authority (FCA) takes care of Darwinex’s regulation, as the company’s operations are based in the United Kingdom.

The Financial Services Compensation Scheme (FSCS) protect customers’ funds in the unlikely event of company insolvency or liquidation.

The FSCS not only offers protection against the company itself, but also against liquidation of banks and other financial institutions that Darwinex deals with directly. Additional free supplementary insurance that covers FSCS eligible customers are also provided.

Customer funds are kept in segregated accounts and are audited on a monthly basis. This ensures no customer’s funds can be misused and guarantees total safety and security of funds.




1. Transparency regarding commissions and fees 1. No Live Chat available
2. Low spreads 2. Not available in the US due to legal restrictions
3. Customer compensated for success 3. Limited trading tools
4. Several platforms to choose from
5. Segregated accounts




Since Darwinex is regulated by the FCA, it follows strict regulations regarding requirements the company complies with such as marginal trading. It allows customers to trade larger positions with leverage.

Leverage levels of 1:30 for major currency pairs, 1:20 for minor pairs and 1:10 for commodities are the maximum levels allowed.




Darwinex offers one sort of account to all customers. No matter the account size, all retail customers benefit from the same conditions.


Retail Account

  • Currencies: AUD, EUR, JPY, GBP and USD.
  • Minimum deposit: 500 USD
  • Trading instruments: Forex, USA stocks, indices, commodities and cryptocurrencies
  • FSCS protection


Darwinex’s professional customers has several advantages. Unfortunately, these customers are no longer eligible for the Financial Services Compensation Scheme (FSCS).

To qualify for a professional account, customers must have a history of carrying out large transactions, have a financial portfolio exceeding 500 000 EUR, and have experience in the financial sector.


Advantages include:

  • Monthly volume-based rebates
  • Dedicated account manager
  • Possibility to get re-categorized as a retail client any time
  • Not subject to ESMA leverage restrictions
  • Pricing from $1.25 per lot (per order)
  • Execution report with maximum transparency


Standard Rebate Scheme:


First Tranche

  • Commissions (per month): 250
  • Rebate: 0%


Second Tranche

  • Commissions (per month): 750
  • Rebate: 10%


Third Tranche

  • Commissions (per month): 2250
  • Rebate:20%


Fourth Tranche

  • Commissions (per month): 6750
  • Rebate:30%



  • Rebate: 40%




Darwinex offers its customers a selection of more than 300 market instruments. This includes commodities, forex, stocks, cryptocurrencies and indices. Market instruments are delivered with free historical tick data and institutional graded prices.


Read the CPT Markets Review here




Darwinex customers can enjoy high-speed execution, interbank spreads from 0.0 pips and discounts from 1.5 USD.

With the Darwinex Score (D-Score), the company rates trading strategies to quantitatively measure the odds of trading strategies. Composed of 12 sub-algorithms, the company rewards customers with discounted pricing (between 20% and 40%).


Currencies / Forex

  • Spreads: From 0 pips
  • Commissions per order (1 contract): 2.5 AUD/CAD/USD/CHF/EUR/GBP/NZD
  • Margin: 3.33% to 10.00%
  • Contract size: 100 000 AUD/CAD/USD/CHF/EUR/GBP/NZD



  • Spreads: From 0 points
  • Currencies: AUD/EUR/JPY/USD/GBP
  • Commissions per order (1 contract): 2.75 AUD/EUR/GBP
  • 35 JPY
  • 275 USD
  • Margin: 6.00% to 10.00%



  • Spreads: From 0 points
  • Currencies: USD
  • Commissions per order (1 contract): 0.0025% order value
  • Margin: 5.00% to 10.00%


Stocks (USA)

  • Nasdaq and New York Stock Exchange
  • Currencies: USD
  • Commissions per order (1 contract): 0.02 USD
  • Margin: 20%



  • Spreads: From 0.00%
  • Currencies: USD
  • Commissions per order (1 contract): 0.15%
  • Margin: 100%




Darwinex customers can deposit or withdraw funds with a number of options. Funds deposited via credit or debit cards, as well as Skrill and PayPal accounts can only be withdrawn from the same account from which it was deposited.


Mastercard, VISA and VISA Electron

  • Currencies: EUR, USD and GBP
  • Minimum deposit: 500 EUR/USD/GBP
  • Maximum deposit: 10 000 EUR/USD/GBP
  • Maximum withdrawal: 10 000 EUR/USD/GBP
  • Commission on deposits: none
  • Commission om withdrawal: 2 EUR/USD/GBP
  • Deposit processing time: Immediate
  • Withdrawal processing time: 1-3 business days


Bank Transfer

  • Currencies: EUR, USD and GBP
  • Minimum deposit: 500 EUR/USD/GBP
  • Maximum deposit: –
  • Maximum withdrawal: –
  • Commission on deposits: Depend on the customer’s bank
  • Commission on withdrawal: Depend on the customer’s bank
  • Deposit processing time: 1-3 business days
  • Withdrawal processing time: 1-3 business days


Trusty Bank Transfer

  • Currencies: EUR, USD, GBP and more than 20 others
  • Minimum deposit: 500 EUR/USD/GBP
  • Maximum deposit: 10 000 EUR/USD/GBP
  • Maximum withdrawal: –
  • Commission on deposits: –
  • Commission on withdrawal: 3.5 EUR/GBP
  • Deposit processing time: Up to 1 working day
  • Withdrawal processing time: 1-3 business days



  • Currencies: EUR, USD and GBP
  • Minimum deposit: 500 EUR/USD/GBP
  • Maximum deposit: 5 000 EUR/USD/GBP
  • Maximum withdrawal: 5 000 EUR/USD/GBP
  • Commission on deposits: 0.5%
  • Commission on withdrawal: 2 EUR/USD/GBP
  • Deposit processing time: Immediate
  • Withdrawal processing time: 1-3 business days



  • Currencies: EUR, USD and GBP
  • Minimum deposit: 500 EUR/USD/GBP
  • Maximum deposit: 2 000 EUR/USD/GBP
  • Maximum withdrawal: 2 000 EUR/USD/GBP
  • Commission on deposits: 0.5%
  • Commission on withdrawal: 2 EUR/USD/GBP
  • Deposit processing time: Immediate
  • Withdrawal processing time: 1-3 business days




Darwinex currently offers traders a variety of platforms and technologies for DMA access to forex, commodity, stock, index and crypto CFD markets.

Customers can choose between the popular MetaTrader 4 and MetaTrader 5 platforms, which is the first choice of more than 50% of global traders. These can be accessed through desktop versions, as well as mobile applications for iOS as well as Android.



The MetaTrader4 trading platform is the desired platform when trading forex and futures. Traders have access to financial markets, trading robots and advanced trading operations.

Features and advantages:

  • Trading directly via a browser
  • Reliable data protection
  • All types of trading orders and MetaTrader4 execution modes
  • One Click Trading
  • 30 indicators and 24 graphical objects for technical analysis
  • 9 time-frames, from one minute to one month
  • Real-time quotes in Market Watch
  • History of trading operations



The MetaTrader5 offers an impressive variety of features which grants traders freedom in navigating the financial markets.

Features and advantages:

  • Variety of financial instruments
  • Order execution
  • Currency pairs, metals, cryptocurrencies, energies, indices, stocks
  • Buy Stop, Sell Stop, Buy Limit, Sell Limit, Buy Stop Limit, and Sell Stop Limit.
  • Charts allow up to 21 timeframes that can be used simultaneously
  • Economic calendar with news events, forecasts and expected impacts.
  • 38 inbuilt indicators, 22 analytical tools and 46 graphical objects



The Financial Information eXchange (FIX) has several benefits.

Features and advantages:

  • Framework enables straight through processing
  • Connections between several counter-parties
  • Does not depend on specific security protocols
  • Flexibility regarding infrastructure, configuration and implementation
  • Short round-trip transaction times
  • Exchanges financial information in short periods of time
  • Supports multiple brokers
  • Multiple programming languages


Free tick-level data is available to customers with live trading accounts. This is necessary for algorithmic trading strategy development.

Benefits include backtesting inside of 1-minute precision, sub-minute risk management as well as custom tick-based price intervals, charts and indicators

Requirements for algorithmic traders spans beyond MetaTrader trading platform capabilities. As such, the company’s Labs team engineered auxiliary libraries that compliments its MetaTrader stacks:

  • FIX v4.4 Pricing & Trading Modules (in Python)
  • ZeroMQ-enabled Python to MetaTrader Bridge (in Python)
  • ZeroMQ-enabled MetaTrader Server EA (in MQL)
  • DARWIN API Wrappers in Python & R




The Darwinex review is simple and easy.

Interested traders can follow the company’s online process by providing the necessary information to open an account.

The company also offers an option to open a free demo account for potential traders who would like to gain the necessary knowledge in a risk-free environment and to experiment with different trading conditions and platforms.




Darwinex offers customer support in several languages, including English, Chinese, French and Spanish. The company can be contacted via email, telephone and social media.

Emergency procedures can be followed in the case of live issues, such as live prices not streaming or other problems that prohibits customers from live trading or settling trades.

The company is committed to providing timely and fair customer support, acts with integrity and supports different trading styles and strategies.




A detailed Knowledge Base for traders who would like to gain more information on topics such as account security, trading basics, regulation and money safety, asset classes, algorithmic trading, data analysis for algorithmic trading and training for traders.

The company’s educational section also provides videos and webinars, and its blog discusses a wide selection of trading related information.

The Darwinex Community is also a great way to ask questions on categories such as recommendations for forum experience optimization as well as forex, commodities, indices and CFD related topics.




Trading tools can be found under the company’s Educational page. Some of these include tips on how to beat the market, important updates, trading schedules, historical data and several more.




Although Darwinex offers a wide selection of assets, low spreads, valuable research and educational tools and some of the most popular trading platforms in the world, the company has not received any awards yet.




Darwinex has a great track record of offering excellent customer support, a wide selection of market instruments and technologically advanced programs to assist traders with maximising funds and develop trading skills.

The company ensures a wide selection of market instruments are available to suit the needs and experience levels of all its customers.

Darwinex offers detailed analysis and is transparent regarding commissions and fees. With access to live charts, one-click trading, technical indicators and financial news, the company provides everything needed to for customers to have a positive trading experience.

Platforms are some of the best in the world and easy to use. It provides trading opportunities to professional and novice traders globally to ensure short-and-long term success.

Risks are automatically limited, helping customers not to lose full account balances. Low spreads, customer compensation, fund protection and low fees are signs of the company watching out for its customers.

Darwinex seems to be a forward-thinking company and a great choice for both beginner and professional traders.


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The Darwinex trademark and the domain are owned by Tradeslide Trading Tech Limited, a company duly authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with FRN 586466.

Our Company number is 08061368 and our registered office is Acre House, 11-15 William Road, London NW1 3ER, UK.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59 % of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money, According to research in South Africa.


Regulated By FSB-SA

Your money is safe with us  |  Enjoy fully segregated accounts