Broker Interview | Darwinex

"Conversation with Brokers" is an interview program organized by FOLLOWME for brokers all over the world. In this column, we will ask brokers about the current situation and prospects of the overall development of the Forex industry, including technological progress, changes in regulatory policies, etc. The interview will also discuss issues that traders care about, such as the hardware and software environment of brokers, services provided, and security.

Founded in 2012, Darwinex is a FinTech Broker and Asset Manager, disrupting traditional finance by connecting talented Traders and Investors. Due to requests of our users, I’ve asked Darwinex for an interview and asked some questions that our users are concerned about. Now you can read this interview and receive answers directly from Darwinex.

Darwinex was established in 2012 to solve one of our founder’s problems: despite being a consistent trader, he did not have enough capital to get a decent income out of his trading passion. Also, he lacked the regulatory permissions to manage third-party capital.
Darwinex solves these problems in the sense that it grants traders access to third capital in a 100% legal manner, so that traders only have to trade and we take care of the rest.

 
2.Who are your main target audiences? And who are your current main customers, beginner tradersor experienced traders?

All traders are welcome.
Beginner traders benefit from good trading conditions and access to seed capital through our Darwinia Capital Allocation Programme, which allocates up to $ 10,000,000 to our best traders every month.
Experienced traders are undoubtedly better off with Darwinex than with other providers, too. Our solution offers them the cleanest and most transparent way to monetise their trading strategies (we have paid $ 4,000,000 investor fees to our traders already.

 
3.Darwinex is excellent for social copytrading. Is this your main advantage compared to other forex brokers? What other features do you have that attract users?

Yes, our social copytrading is indeed appreciated by good traders.
Our monthly Darwinia Capital Allocation Programme is famous among traders, too: every month we allocate up to $ 10,000,000 to our best traders, which is a good way to get your first investor capital as a trader and experience the feeling of managing third-party capital.
Also, good traders appreciate the fact that on top of MT4 and MT5 trading, we offer futures and stocks trading via Interactive Brokers.
Last but not least we are proud to have the best traders in our platform, which allows our clients to invest funds in other experienced traders and share in the best traders’ profits.

4. Recently you have gained the CNMV license and are now fully operational from Europe. Congratulations! Do you have any plans for regulation and operational areas?

Thank you! After Brexit, having an EU license was key for us.
We are now looking for alternatives to expand our regulatory and operational areas to better our Asian client base, stay tuned!

5.The forex market is now basically a low leverage trend. We noted that the leverage you provided is also on the lower side. What do you think of this trend? What kind of leverage do you prefer to encourage your clients to use?

Indeed, low leverage is the trend in Europe and Australia. As a DMA / STP broker, this is good for us because traders usually trade more consistently if their risk/leverage is under control.
The good news for Darwinex traders is that they can leverage their trades with investor capital on our platform, so they can still make decent returns with no need to risk too much of their own capital.
This all being said, as mentioned in the previous question, we keep exploring other jurisdictions to serve clients who need higher leverage than the one allowed in Europe and Australia.

6.Darwinex offers over 300 tradable instruments. The question our users are concerned about is that would you consider adding more trading instruments to your services in the future?

That is a good question! We recently added more than 500 Stocks CFDs and ETFs to our offering, on top of futures and equities so we have now more than 1,000 tradable instruments on our platform.
In any case, we keep working to add more assets and platforms to our offering, so please do not hesitate to reach out to us if there is any specific asset that you’d like us to offer!

7.You strive to deliver the most competitive execution conditions and 100% DMA/STP access to the FX, Stock, Commodity, Index, Crypto CFD and Futures markets. Could you tell us something more about your business models? What are the advantages of yourmodels?

The main advantage of our offering is that traders do not have to worry about the broker on the other side of their trade because they know that our interests are aligned. We are not looking for our customers to lose their money, but we rather live off good traders who manage to trade consistently and attract investor capital to our platform. The more our traders win, the more our investors win and hence the more we win.
This is the virtuous circle of our business model, our interests are 100% aligned with our customers!