Darwinex is a UK based Forex and CFD broker. They pride themselves on offering a transparent service, on not being a market maker and trading against their clients, and providing a unique social trading experience.
I have been actively trading with Darwinex for a while and highly recommend them. I love their social trading platform and think highly of their customer service and integrity. Below is my review of Darwinex...
Why I recommend Darwinex
Darwinex are a STP broker (sort of in-between a market maker and a ECN broker). They charge a commission per trade and don't rely on spreads as a source of revenue. This helps to make their spreads extremely competitive and some of the tightest spreads available to retail traders. 0.0-0.2 pips on the EURUSD, 0.3-0.5 pips on GBPUSD and 0.3-0.4 pips on USDJPY are standard. Spreads are variable.
Darwinex does not trade against it's clients. Due to the company and trading structure of Darwinex and due to their social trading platform, clients losing money is not in their interest. You don't have to worry about stop loss hunting or a conflict of interest. Darwinex need traders that trade regularly and that are profitable.
If you are interested in social trading, Darwinex offer the best social trading experience. Their platform is very user-friendly and they have a number of very profitable traders to follow/copy. If you are a profitable trader and would like to manage extra funds, Darwinex could be the solution.
I have never had slippage or trades unnecessarily stopped out. Their customer service is great and they have a persona of honesty and transparency.
What could Darwinex do better...
Wider range of asset classes
This is being really picky but Darwinex could offer a couple more commodities and a few more indices.
To see my video review of Darwinex, please scroll to the bottom of this page.
To open an account with Darwinex, please use this link
To open an investor account with Darwinex, please use this link
To see my Darwinex trading account and results, please use this link