Overview of Darwinex

Darwinex is a UK-based financial services firm that offers a range of investment and trading services to clients. The company was founded in 2012 and is regulated by the Financial Conduct Authority (FCA) in the UK. Darwinex is known for its unique trading platform that allows traders to develop and sell their trading strategies to other investors.

Darwinex offers a range of trading instruments, including forex, commodities, indices, and shares, which can be traded on its proprietary trading platform, as well as on MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The company offers both fixed and variable spreads, with the latter starting from 0.0 pips. Darwinex does not charge any commissions on forex trades.

Darwinex offers several account types to cater to the different needs of traders, including a Standard Account, a Professional Account, and a Corporate Account. The Standard Account has a minimum deposit requirement of €500 and offers leverage of up to 1:30 for forex trading.

Is Darwinex Legit or a scam？

Darwinex is a legitimate and regulated broker. It is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, and it also holds an MiFID (Markets in Financial Instruments Directive) passport for the European Union. Additionally, Darwinex uses segregated bank accounts to hold client funds, which provides an extra layer of security for traders. However, as with any broker, it is important for traders to conduct their own due diligence and research before opening an account with Darwinex or any other broker.

Market Instruments

Darwinex offers a range of trading instruments in various asset classes, including:

• Forex currency pairs: Darwinex provides access to major, minor, and exotic currency pairs. Some popular pairs include EUR/USD, GBP/USD, USD/JPY, and AUD/USD.

• Stock CFDs: Darwinex allows trading on a variety of popular stock CFDs, including Amazon, Apple, Facebook, Google, and Tesla, among others.

• Commodity CFDs: Traders can also access commodity CFDs such as gold, silver, oil, and natural gas.

• Index CFDs: Darwinex provides trading on popular index CFDs, such as the US30, UK100, and GER30.

• ETFs: Darwinex also allows trading on a selection of ETFs, including SPDR S&P 500 ETF, iShares MSCI Emerging Markets ETF, and iShares Core S&P 500 ETF.

Account Types

Darwinex provides its clients with the flexibility to choose from three different types of accounts, each designed to cater to specific needs. The first account type is designed for traders who are more involved in the day-to-day activities of the market. The second and third account type, on the other hand, is designed for investors who prefer to take a more hands-off approach and let their investments grow over time. The minimum deposit to open either account is $10,000.

How to open a live account？

1. Visit the Darwinex website and click on the “Open a live account” button.

1. Fill out the registration form with your personal information, such as name, email, phone number, and address.

1. Select the account type you want to open, either Classic, DARWIN or MetaTrader, and choose the currency of your account.

2. Complete the verification process by providing a copy of your ID and proof of address. You can upload the documents through your account dashboard.

3. Choose your preferred deposit method and fund your account with a minimum deposit of $500.

4. Download and install the trading platform of your choice, either MT4 or MT5.

5. Start trading by placing your first order.

Leverage

Darwinex offers varying levels of leverage to suit the needs of different traders. The maximum leverage available for forex trading is 1:200, while for stock trading it is 1:20. However, it's important to note that leverage can be a double-edged sword and while it can magnify potential profits, it can also magnify potential losses. Therefore, traders should exercise caution and use appropriate risk management strategies when trading with leverage. Darwinex also offers negative balance protection, ensuring that traders do not lose more than their account balance in the event of significant market movements.

Spreads & Commissions (Trading Fees)

Darwinex operates a variable spread model, meaning that the spread on its trading instruments may vary depending on market conditions. The spread is the difference between the bid and ask price of a trading instrument, and it represents the cost of trading with the broker. The typical spreads offered by Darwinex are competitive, and they start from as low as 0.5 pips on major currency pairs such as EUR/USD.

In terms of commissions, Darwinex charges a commission on trades executed on its MT4 and MT5 trading platforms. The commission charged depends on the type of account and the trading instrument being traded. For example, on the Classic account, the commission charged on forex trades is 0.0035% of the notional value of the trade, with a minimum commission of 2.5 units of the account currency. On the other hand, the commission charged on stocks trades on the DarwinIA account is 0.1% of the notional value of the trade, with a minimum commission of 4 units of the account currency.

Non-trading Fees

Darwinex charges a few non-trading fees, such as inactivity fees and withdrawal fees. The inactivity fee is charged when the account has been inactive for more than 60 days and amounts to €/$/£ 36 per month.However, the inactivity fee is waived for clients with a balance of €500 or more. It is important to note that the inactivity fee may be subject to change, and clients are advised to check the Darwinex website for the latest information on fees and charges.The withdrawal fee varies depending on the payment method, and the minimum withdrawal amount is set at €/$/£ 100.

Trading Platform

Darwinex offers its clients two popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available in desktop, web, and mobile versions, providing traders with the flexibility to choose the platform that best suits their trading needs and preferences.

MetaTrader 4 is one of the most widely used trading platforms in the industry, known for its user-friendly interface and advanced charting capabilities. MT4 supports multiple order types and trading strategies, as well as the use of automated trading systems, also known as Expert Advisors (EAs). Traders can access a range of technical indicators and charting tools, as well as real-time news and market analysis. MT4 also provides a secure and stable trading environment, with fast and reliable trade execution.

MetaTrader 5 is the successor to MT4 and is considered to be an even more advanced platform, with additional features and capabilities. Like MT4, it also supports multiple order types and trading strategies, as well as the use of EAs. MT5 offers more advanced charting tools, with additional timeframes and more technical indicators. It also supports more types of pending orders, including Buy Stop Limit and Sell Stop Limit. Additionally, MT5 provides a built-in economic calendar and a customizable news feed, allowing traders to stay up-to-date with the latest market news and events.

Here is a comparison table of the trading platforms offered by Darwinex, Exness, and IC Markets:

Deposit & Withdrawal

Darwinex offers several deposit and withdrawal methods for its clients. The available deposit methods are Bank transfer, Visa, Mastercard, Skrill, and UnionPay. It's worth noting that deposits made by bank transfer may take longer to process compared to other deposit methods.

Minimum Deposit

When it comes to the minimum deposit requirement, Darwinex may not be the most cost-effective option in the market as it requires a minimum deposit of $500, which can be perceived as relatively high compared to some of its competitors in the industry. However, it is worth noting that the minimum deposit amount varies among brokers and is often influenced by various factors such as the type of account, the trading platform, and the financial instruments offered.

When it comes to withdrawals, Darwinex processes them through the same deposit method used. There are no fees charged for withdrawal requests, but it's worth noting that the receiving bank or payment provider may apply their own fees. Darwinex does not charge any inactivity fees, which is a plus for traders who may not be active in their accounts for a certain period of time.

Customer Support

Darwinex offers several customer support channels to its clients. The broker provides customer support in English and Spanish through email, phone, and live chat.

Clients can reach out to Darwinex's customer support team through email at support@darwinex.com. The broker also has a phone line that clients can use to contact customer support during market hours. Additionally, clients can get in touch with Darwinex's support team through live chat, which is available on the broker's website.

Darwinex also has an extensive FAQ section on its website, which covers a range of topics such as account opening, funding and withdrawals, trading, and more. The broker's website also features a knowledge base that clients can use to learn about various aspects of trading and investing.

Educational Resources

Darwinex offers a range of educational resources to help traders develop their skills and knowledge. They provide regular webinars, articles, and trading guides covering a range of topics such as trading psychology, risk management, technical analysis, and more. They also offer a blog where traders can keep up to date with the latest market news and analysis.

In addition, Darwinex has a community section where traders can share ideas and interact with each other. This provides a platform for traders to learn from each other, share experiences, and get support from the community.

Conclusion

Darwinex is a regulated online broker that provides access to a range of financial instruments, including forex, stocks, and futures. The broker offers a choice of trading platforms, including MT4 and MT5, and competitive spreads and commissions. However, the minimum deposit requirement of $500 may be considered high compared to some other brokers, and the range of payment methods is limited. Darwinex also offers some educational resources and customer support in multiple languages, although some traders may find these to be limited. Overall, Darwinex may be a suitable choice for experienced traders looking for a range of instruments and competitive trading conditions, but beginner traders may find the broker's high minimum deposit and limited educational resources challenging.

FAQs

• Q: What is Darwinex？

  A：Darwinex is a UK-based online broker that provides access to forex, stock, and commodity markets. It also offers social trading services where traders can buy and sell trading strategies.

• Q: Is Darwinex regulated？

  A：Yes, Darwinex is regulated by the Financial Conduct Authority (FCA) in the UK.

• Q: What trading platforms does Darwinex offer？

A： Darwinex offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

• Q: What account types are available at Darwinex？

A：Darwinex offers three types of accounts, including Classic, Stocks Darwin and Futures Darwin.

Q: What is the minimum deposit required to open an account at Darwinex？

A：The minimum deposit required to open a Classic account is $500.

Overview of GMO CLICK

GMO CLICK is a regulated institution in Japan that offers various financial services. It holds a retail forex license and is regulated by the Financial Services Agency. The company provides a range of market instruments, including stock trading, investment trusts, futures options, FX trading, forex options, currency exchange trading, CFDs, stock index binary options, and bond trading.

To open an account with GMO CLICK, individuals can visit their website and choose the type of account they want to open. The company offers different account options based on the desired trading activities. Users need to fill out an application form, provide personal information, agree to terms and conditions, and submit the completed application.

GMO CLICK offers trading platforms for various devices, including computers, smartphones, and smartwatches. They provide different payment methods for depositing funds, including internet banking, ATMs, and financial institution counters. The company has customer support available through phone, inquiry forms, direct mail, and social media channels.

While GMO CLICK is regulated and offers a range of financial services, it's important to verify the information provided and contact the company directly for the most accurate and up-to-date details regarding their services, regulations, and account opening procedures.

Pros and Cons

GMO CLICK offers a range of financial services, including stock trading, investment trusts, futures options, FX trading, forex options, currency exchange trading, CFDs, stock index binary options, and bond trading. The company is regulated and provides a variety of trading platforms for different devices. They have multiple payment methods available for depositing funds, and customer support is offered through various channels. However, it's important to note that GMO CLICK has certain limitations, such as the absence of trading software according to the provided information. Additionally, specific trading activities may have designated acceptance times, and withdrawals are supported only for GMO CLICK Securities accounts and financial institution accounts with the same name. It's advisable to verify the current details and contact GMO CLICK directly for more accurate and updated information.

Is GMO CLICK Legit？

Based on the information provided, GMO CLICK is a regulated institution in Japan. It holds a retail forex license and is regulated by the Financial Services Agency. The license number is “関東財務局長（金商）第77号” and the effective date of the license is September 30, 2007.

However, it's important to note that the information you provided also states that GMO CLICK does not have a trading software according to the current data. This could imply that there may be some limitations or restrictions on their services. It's advisable to verify this information with updated and reliable sources or contact GMO CLICK directly for more accurate and detailed information regarding their regulatory status and available services.

Market Instruments

GMO CLICK Securities offers a range of market instruments:

STOCK: GMO CLICK Securities offers stock trading services at low prices, providing investors with access to the stock market.

INVESTMENT TRUST: The company offers a selection of investment trusts, making it easy for investors to choose funds that have been carefully curated by GMO CLICK Securities.

FUTURES OPTIONS: GMO CLICK Securities provides futures options trading with industry-leading low fees, allowing investors to participate in this market.

FX NEO (OVER-THE-COUNTER TRADING): GMO CLICK Securities offers enhanced trading tools and a low-cost, comfortable FX trading experience for investors.

FOREX OPTIONS: Investors can engage in forex binary options trading through GMO CLICK Securities, which offers a user-friendly interface for easy operation.

CLICK 365 (EXCHANGE TRADING): GMO CLICK Securities provides a wide range of currency pairs for FX exchange trading through the Click 365 platform.

CFDs: Japanese investors can choose from a variety of CFDs (Contracts for Difference) offered by GMO CLICK Securities.

STOCK INDEX BINARY OPTIONS: GMO CLICK Securities offers stock index binary options, allowing investors to engage in this type of trading with ease.

BOND: GMO CLICK Securities facilitates the trading of overseas high-interest bonds, providing investors with access to this asset class.

Account Types

1. FXneo: This account type is for Forex trading. It allows customers to trade in the Forex market.

2. AnyForex OP: This account type is for Forex options trading. It enables customers to trade options in the Forex market.

3. AnyCFDs: This account type is for CFD (Contract for Difference) trading. It allows customers to trade CFDs.

4. AnyIXOP: This account type is for stock index binary options trading. It enables customers to trade binary options based on stock indexes.

5. Brokerage account: This account type provides tradeable services for various types of transactions, including stock, investment trust, futures OP, FX neo, Forex OP, 365FX, CFDs, BO (Binary Options), and bonds.

6. Securities Connect Account (Bank Linkage): This account type allows customers to open a securities trading account by filling in a single page without requiring an application form. Transactions can start after a minimum of 2 business days. Initial settings registration is required upon the first login.

7. Forex Trading Account: This account type is specifically for FX trading and Foreign exchange OP. It offers tradeable services for FX neo, Forex OP, and 365FX. Opening an FX trading account is faster than a brokerage account and does not require an application form. Customers can switch to a securities trading account from the member page without any difference in trading terms.

8. Corporate Customers: GMO CLICK also provides corporate account opening services for corporate customers.

How to Open an Account？

To open an account with GMO CLICK, follow these steps:

1. Visit the GMO CLICK website and click on the “Account Opening” option.

1. Choose the type of account you want to open from the available options, such as stock, investment trust, futures OP, FX neo, Forex OP, 365FX, CFDs, BO, bond, or Securities Connect Account (Bank Linkage).

2. If you select the Securities Connect Account (Bank Linkage), you can start demo trading by tapping “Start demo trading” on the login screen without registering an account.

1. Fill in the required information on the application form. This typically includes personal details such as name, contact information, address, date of birth, sex, post code, telephone number, and email address.

1. Provide nationality information, indicating whether you have Japanese nationality or nationality other than Japan. Note that accounts cannot be opened by individuals holding U.S. citizenship.

2. Specify if you have any U.S. tax liability, whether you are an important foreign public figure or a relative of one, and your country of residence.

1. Choose your preferences regarding the delivery of email news and direct mail from GMO CLICK.

2. If you wish to open a specific account, select the appropriate options for FX trading, forex options trading, CFD trading, or stock index binary options trading.

1. Read and agree to the terms and conditions and other regulations pertaining to account opening and trading activities.

2. Review the documents to be delivered before concluding a contract for securities and CFD transactions, and agree to their terms.

3. Confirm that the information entered in the application is accurate and certify that it is provided by the account holder or an authorized representative.

4. Submit the completed application.

Spreads & Commissions

GMO Click offers spreads on various currency pairs. The spreads for USD/JPY are 0.2 pips, for EUR/JPY they are 0.5 pips, for GBP/JPY they are 1.0 pips, for AUD/JPY they are 0.7 pips, for EUR/USD they are 0.4 pips, and for GBP/USD they are 1.0 pips. These spreads indicate the difference between the buying and selling prices of these currency pairs.

When trading Nikkei 225 options, GMO Click charges a minimum commission of 0.152% of the contract price. Additionally, there is a minimum commission fee of 214 yen applicable for these trades. The commission is calculated based on the percentage of the contract price and ensures that the broker earns revenue from facilitating these options trades.

GMO Click provides free trading services for certain types of trading instruments. Forex options trading, stock index binary options trading, and CFD (Contract for Difference) trading do not incur any charges. This means that traders can engage in these types of trading activities without paying commissions or fees to GMO Click.

Deposit & Withdrawal

GMO CLICK offers an instant deposit service that allows customers to transfer funds immediately. The service supports transfer deposits via ATMs and bank counters, and withdrawals are also free of charge. The minimum withdrawal amount is 10,000 yen, and the maximum withdrawal amount is 100 million yen. However, if the balance is below 10,000 yen, the entire balance will be withdrawn at once.

It's important to note that withdrawals are only supported for GMO CLICK Securities accounts and financial institution accounts with the same name. The amount that can be withdrawn in one operation ranges from ¥10,000 to ¥100,000,000.

GMO CLICK provides bank accounts for each customer, including GMO Aozora Net Bank and Mitsubishi UFJ Bank. When making a transfer from a bank counter or ATM, customers are required to make a payment to their bank account. Please be aware that the transfer source is limited to domestic branches of financial institutions.

GMO CLICK provides various options for customers to deposit funds. Those using internet banking can take advantage of the immediate deposit service, which allows for instant fund transfers without any commission fees. Deposits made through ATMs or financial institution counters are also free of commission, and customers can perform these transactions using their computers or smartphones. Additionally, GMO CLICK offers the option to deposit funds from the Securities Connect account of GMO Aozora Net Bank, and this service is commission-free and can be accessed through a computer. For customers investing in mutual funds, the investment trust reserve fee is automatically deducted monthly from the designated financial institution account.

In terms of withdrawals, GMO CLICK does not charge any commission, and customers can initiate the withdrawal process through the GMO CLICK Securities member page. This can also be done through their smartphone app.

Trading Platforms

GMO Click offers a variety of trading platforms, including FX neo for high-performance FX trading on computers, Hatchu-kun FX Plus for rate delivery and execution speed, and FXWatch! for checking rates and charts on smartwatches. They also provide CFD trading apps, such as GMO Click CFDs and Hatchu-kun CFD, along with stock trading apps like GMO Click stock and GMO Click Stock for iPad. Super Hatchu-kun is a comprehensive tool for stock/futures OP trading. Traders can also access smartphone browser-based platforms for Forex OP, stock trading, and binary options. Additionally, there are iPhone and Android apps available for Click 365 trading. Transactions can be conducted on a PC browser using the WEB transaction screen.

Payment Methods

GMO CLICK offers a range of payment methods for customers to deposit funds. These include options such as Rakuten Bank, MUFG, SMBC, Mizuho, SBI Sumishin Net Bank, ANN Seven Bank, JP Yucho Bank, Resona Bank, Aeon Bank, Jibun Bank, and Saitama Resona Bank, among others. Customers can utilize internet banking services to make immediate fund transfers without incurring any commission fees. Deposits can be made through ATMs or financial institution counters, and these transactions are also commission-free. The method of depositing funds through computers or smartphones is provided. GMO CLICK also facilitates deposits from the Securities Connect account of GMO Aozora Net Bank, with no commissions and accessibility via computer. For customers investing in mutual funds, the investment trust reserve fee is automatically deducted monthly from the designated financial institution account.

Trading Hours

GMO CLICK offers customer support through various channels and during specific time frames. The call center is available from 8:00 until close and provides assistance for trading inquiries. Trading platforms like Super Hatchu allow login access from 0:00 to 24:00, excluding maintenance time. Specific acceptance hours are set for immediate deposits, transfers, and order placements based on different types of trading accounts. Support for mutual fund trading is available from 6:30 to 15:00 and 17:00 to 3:30. For futures, options, forex, Click 365, and CFD trading, there are designated acceptance times. Forex Neo and forex options trading have 24-hour availability, while CFD trading is open from Monday to Friday, 8:00 am to 7:00 am the next day. Bond trading hours vary for domestic and foreign bonds. It's important to be aware of these time frames when seeking customer support or engaging in trading activities with GMO CLICK.

Customer Support

1. FAQ: GMO CLICK provides a Frequently Asked Questions (FAQ) section on their website. Traders can enter keywords related to their inquiries and search for relevant information. The FAQ covers various topics, including account login, password recovery, deposit/withdrawal methods, tax information, and more.

2. Inquiries by Phone: Traders can reach out to GMO CLICK's customer support team via phone. The contact number for Japanese customers is +81 0120727930.

3. Inquiries Using the Inquiry Form: GMO CLICK offers an inquiry form for customers to submit their questions or concerns. This form allows traders to seek assistance or clarification on various aspects of their trading experience.

4. Direct Mail (DM): GMO CLICK provides the option of contacting customer support through direct mail. Customers can use this method to address specific issues, such as suspension procedures, inheritance procedures, or other account-related matters.

5. Responding to Opinions and Requests: GMO CLICK acknowledges and values customer feedback. They have a system in place to respond to opinions and requests, allowing traders to provide input on their services and suggest improvements.

6. Business Operation System for Complaints and Disputes: GMO CLICK has a business operation system designed to handle complaints and resolve disputes. They outline the procedures and mechanisms through which customer concerns can be addressed.

7. Social Media Presence: GMO CLICK maintains a presence on social media platforms such as Twitter (https://twitter.com/GMO_ClickSec_PR) and Facebook (https://www.facebook.com/gmoclicksec). Traders can connect with them through these channels to stay updated and potentially reach out for support.

Conclusion

In conclusion, GMO CLICK is a regulated institution in Japan that offers various market instruments such as stocks, investment trusts, futures options, forex options, CFDs, and more. It provides multiple account types and trading platforms to cater to different preferences. GMO CLICK's deposit and withdrawal options are diverse, allowing customers to choose from a range of payment methods. However, it's important to note that GMO CLICK does not have a trading software according to the available information, and there may be limitations or restrictions on their services. Traders should verify the current status of their offerings and contact GMO CLICK directly for detailed information. Additionally, the spreads and commissions may vary depending on the trading instruments, and customers should consider these factors when engaging in trading activities.

FAQs

Q: Is GMO CLICK a regulated institution？

A: Yes, GMO CLICK is a regulated institution in Japan and holds a retail forex license. It is regulated by the Financial Services Agency (FSA) with the license number “関東財務局長（金商）第77号” and the effective date of the license is September 30, 2007.

Q: What market instruments does GMO CLICK offer？

A: GMO CLICK Securities offers a range of market instruments including stocks, investment trusts, futures options, FX NEO (over-the-counter trading), forex options, CLICK 365 (exchange trading), CFDs (Contracts for Difference), stock index binary options, and bonds.

Q: How can I open an account with GMO CLICK？

A: To open an account with GMO CLICK, you can visit their website and click on the “Account Opening” option. Choose the type of account you want to open, fill in the required information on the application form, agree to the terms and conditions, and submit the completed application.

Q: What are the spreads and commissions charged by GMO CLICK？

A: GMO CLICK offers spreads on various currency pairs, and the commissions vary depending on the trading instrument. For example, the spreads for USD/JPY are 0.2 pips, and when trading Nikkei 225 options, there is a minimum commission of 0.152% of the contract price.

Q: What are the available payment methods for depositing funds with GMO CLICK？

A: GMO CLICK offers various payment methods including Rakuten Bank, MUFG, SMBC, Mizuho, SBI Sumishin Net Bank, ANN Seven Bank, JP Yucho Bank, Resona Bank, Aeon Bank, Jibun Bank, and Saitama Resona Bank, among others. Internet banking services and deposits through ATMs or financial institution counters are also available.

Q: What are the trading platforms offered by GMO CLICK？

A: GMO CLICK provides a variety of trading platforms including FX neo, Hatchu-kun FX Plus, FXWatch!, GMO Click CFDs, Hatchu-kun CFD, GMO Click stock, GMO Click Stock for iPad, Super Hatchu-kun, and smartphone browser-based platforms for Forex OP, stock trading, and binary options.

Q: What are the trading hours and customer support options provided by GMO CLICK？

A: GMO CLICK offers customer support through various channels during specific time frames. The call center is available from 8:00 until close, and support hours vary for different types of trading activities. Customer support options include FAQs, inquiries by phone, an inquiry form, direct mail, responding to opinions and requests, and a business operation system for complaints and disputes. GMO CLICK also has a social media presence on platforms like Twitter and Facebook.