Darwinex
Traders with existing track records (trading history) can connect their MT4 accounts to Darwinex 100% for free and continue their trading from where they left off. With its proprietary patented algorithms, Darwinex analyses the connected trading strategies and provides traders with a diagnostic on how to make their trading strategy more attractive to investors.
Under its asset manager license, Darwinex grants traders a legal solution to manage investors' capital and charge a 20% performance fee on a HWM basis.
The DarwinIA trading challenge allocates notional 4,500,000 EUR to the best traders every month.
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Darwinex
Overall
We'd appreciate if you could please refrain from posting false accusations.
The track record you mention (https://www.darwinex.com/en/user/ruskia1936/summary/XON.17/) is not investable on our platform, but its DARWIN XON (https://www.darwinex.com/en/product/XON.3.17/), as explained by @TradeSignalMach
Overall
Hi owenn. I'm sorry to hear your story. However, after taking a look at XON who you say you were invested in, a few things come to mind.
1. Firstly, I don't see how you could have lost 80% of your account. XON was in profit from the beginning of Dec however, the DARWIN then went on to lose 2.65% in Dec and then is a further 15.9% down for January so far. This does not equate to 80%?
2. Secondly, did you know that you were invested in a Martingale? This is clearly never wise. This can clearly be seen by looking at the Trading Journal where you can see that as the positions of the trader start to lose, his position size increases. If you want to invest in Martingales I suggest you go to a casino and double up on red and black. The eventual outcome will be identical.
3. The Darwinex Risk Management algorithms did actually work (despite what you say). The traders own trading account suffered a drawdown of 77.6% - but this is NOT what you were invested in! You were invested in the underlying DARWIN with risk management adjusted to 20% and this only sufferered a drawdown of approx 19% (i.e. less than 20% therefore not violating the 20%VaR).
All things told, I do feel sorry for you but if you do not understand what you are investing in and the fact that it was actually a Martingale then you shouldn't be investing. Even if you didn't know how to identify if it was a Martingale you could have looked at the Risk Management score that Darwinex have given it (very poor) and this should have sent alarm bells ringing for you - but clearly didn't. I suggest you'd be better of buying a new car with your money or something you'll get some joy from, instead of blindly investing.
At the end of the day, Darwinex is an open platform. Anyone can trade their systems on it, and as a result, traders who think it's a good idea to trade Martingales are included. If you look at the scores of the investable attributes that Darwinex give to systems that will give you an indication of what is a good investment and what is not: not blindly looking at the massive % returns that Martingales produce (until they go wrong).
Darwinex is the best broker I have ever had. I cannot fault them. The views of others on forums back me up on that. They cannot however account for people who are trying to make a quick buck but don't really understand what they are doing.
I suggest some serious consideration is needed on your part about how to invest your money.
Overall
One of the best .. this is all I can tell for Darwinex like a broker
Overall
Your accusations are false, the beginning of track record is visible on MQL5 signals.
https://www.mql5.com/en/signals/171857#!tab=history&page=4
It is therefore indeed a native Darwinex account.
But even in case of migration, if the migrated part of the Track-records is visible on the website of Darwinex, it is not imported into the MT4 server.
So you're really talking nonsense.
Overall
Thank you, guys, this means everything to us!
Overall
Not sure what track record you refer to exactly. If we are talking about this user: https://www.darwinex.com/en/user/ruskia1936/summary/XON.17/, please note that this track record was NOT imported bu traded with us from scratch.
Again, we remain at your disposal to prove your accusations are false. Please stop this.
Overall
Guerg7 you are right : "Good brokers deserve to be supported, Darwinex is among them".
Why Darwinex would do this kind of things? Their business model completely on opposite side of this guy's accusations. It is so coarse.
I am an happy customer and the support is the best I've ever seen (fast and effective! Essentially the only issue was with their LP on low liquidity market. So be careful do not trade often in marginal market hours.
This is not astonishing that they have enemies because they succeed where many competitors failed (transparency, honesty).
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citadelEA=citadelforex=vitalmarkets=Cesar Barriga
http://www.cnmv.es/portal/AdvertenciasListado.aspx?tipoAdv=1&inicial=C
you know you have a service from start to import historical other brokers, I do not understand is how blinded and allowed to import anything validating as real.
as you know by injecting orders in the mt4 server, generate numbers of consecutive orders. Open the full history and so we will see. IMPORTED and consequently FAKE.
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On Trip Advisor website, people (either paid or psychotic trolls) invent horrific statements about competitors; it is exactly the same for Brokers: people provide false accusation in order to destroy a good broker's reputation. This dishonest tactic has been unveiled by Forex Peace Army several times. Just like in the comments about movies, when 99% of the people like it, you know that the 1% of people bashing the movie are trolls. This is why the median should be taken in account instead of the average when evaluating anything. Honest brokers arent legion nowadays and they struggle to survive in this jungle where scammers are kings, Good brokers deserve to be supported, Darwinex is among them.
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This is the best broker I have been trading with in the last 8 years of trading experience. Very reasonable commissions, tight spreads, great website for transfering money instantly between accounts, customer support. Haven't found any issues so far. Will report back if notice any issues.
Overall
Hi,
I was not affected by that incident, but you can read this from their blog. http://blog.darwinex.com/chf-bloodbath-explained/
Hope it can clarifies you something.
Overall
Hi There....May I know from traders of this broker since 2015, how did this broker react to SNB sudden intervention on CHF with movement of over 2,000 pips in few minutes in Jan 2015..? Was STOP LOSS filled for who were long on CHF pairs? or it was large negative slippage like most of other brokers without filling any SL?
Regards,
Overall
actually Darwinex is the only future for trader retail
https://www.darwinex.com/es/user/vabrus/summary/QNR.4/
Overall
Actually, Vipro does not allow you to transfer more money to credit cards, Neteller, etc than you did to fund your trading account. No broker does because it is illegal and Darwinex is madated to respect the same rules in order to keep their regulation certificates. Furthermore, Vipro pays their bank transfer fees for deposits to trading accounts of 5000$ and more. I agree with you that brokers shall cover the bank fees but they would loose a lot of money and perhaps go bankrupt since people would deposit and withdraw like crazy !
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One of the best broker I've been using for a long time.
Many pluses:
- Regulated by the FCA.
- Low spreads
- True broker (NDD)
- Excellent customer service.
- Investors can buy your trading strategy.
- Analysis of your trading. (Risk Management / Consistency / Performance / Timing / Scalability)
Almost no negative points:
- Platform, only MT4.
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Really? Go tell that Vipro Markets. They refund on your credit card, and the rest wherever you want (bank transfer, Skrill, Neteller, etc). Moreover if you decide to use the bank transfer only YOUR bank charges you, not theirs. Darwinex charges twice: their bank and yours.
You see? I can use my credit card for more than that :)
Overall
Thanks for your feedback, Carlos.
Sorry to hear banks applied charges on your withdrawal. Re executed transactions, please note that they are all displayed both on the website + your MT4 terminal (in fact, we do even disclose the latency for each and every trade).
Overall
They charge the fees of Barclays.
We can not have the benefits of a pure DMA brokers with a great ethic that margin only slightly on commissions, and receive the same gift as from the bukket shops.
Already supporting deposit fees is a generous gesture.
Credit cards are to pay for a restaurant meal, not to transfer funds !
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The idea in general is good, but the site is lacking in general of basic settings such as a list of the executed transactions. Too complicated statistics and charts that only complicate things.
Good spreads and comissions, but the withdrawal is a pain in the back. You can basically fund your account with any method, but only withdraw with Netteller, Union Pay, or bank transfer. I funded my account with my credit card, but they won't allows withdrawals on them, so I had to ask for the only method I could use: bank transfer.. and that's abusive: I was charched $24 by the bank.
It's true Darwinex doesn't charge for the withdrawal, but if the only chance they leave you with is to use a solution where the bank charges you $23 I think it's something you must consider before opening an account with them.
Regards.
Overall
To make a long stroy short, since I trade with'em from the very beginning, I'll just say taht Darwinex is a REVOLUTION, and for the time being, one of the best broker available, if not THE best!!! And I'm not talking about the Asset Management side of the Owl :)
