Darwinex – scammers or a decent broker?

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Darwinex – what we know and have as facts about it; This is a trade name of Tradeslide Trading Tech Limited, which is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under reference number 586466. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.

We have found in the Order Execution Policy document that Darwinex executes each order that customers place by placing an order identical in all respects (a Back to Back Order) on LMAX Exchange or in other Liquidity Pools. Darwinex places orders as principal and not as an agent on client’s behalf and the company is the sole counterparty to client trades. When the company’s order is matched, it will open or close a trade on the client’s account at the same price and size. In other words, it uses the Straight Through Processing (STP) model to execute orders. This means that although the company is a counterparty to every customer transaction, there is no conflict of interest between the parties.

We also found that there are some posts in forums about poor customer support, high deposit fees and fake positive reviews.

So far, we have not received any complaints from customers of Darwinex. If you have any criticism to share with us or feel annoyed by Darwinex, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and Darwinex if you wish.

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