Broker comparison

Darwinex vs FXCM Comparison

Compare trading conditions, commissions and platforms of Forex brokers Darwinex and FXCM. Find out which broker is best for you.

VS summaryScores and ranking at a glance
Darwinex
Rating
4.1/5
Rank
#74
Register

Trading CFDs carries high risks. You may lose all invested funds

FXCMHigher ranked
Rating
4.3/5
Rank
#29
Register

67-72% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - Darwinex or FXCM?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

FXCM ranks higher in the editorial ranking.
Darwinex
Rating: 4.1/5Rank: #74
FXCM
Rating: 4.3/5Rank: #29

Darwinex

Minimum deposit · USD
500 USD
Different platforms
  • MetaTrader 5
  • DXtrade
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
Different markets
None listed

FXCM

Minimum deposit · USD
50 USD
Different platforms
  • Trading Station
Different markets
  • Soft Commodities

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of Darwinex and FXCM

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Overview: comparison of Darwinex, FXCM
BrokerDarwinexFXCM
Foundation Year
2012
1999
Regulated in Countries
United Kingdom, Spain, Seychelles
United Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the Grenadines
Minimum Deposit
  • 500 EUR
  • 500 GBP
  • 500 USD
  • 50 USD
Spread
from 0 points
from 0 points
Max Leverage
1:30
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
  • MetaTrader 4
  • Trading Station
  • TradingView
Review

Darwinex Review

Darwinex Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5DXtradeTradingViewTrader WorkStation (TWS)WebTraderNinja TraderMultiChartsIB Gateway

Darwinex is a specialized broker and investment platform that differs significantly from traditional Forex and CFD companies. It combines conventional trading with Interactive Brokers' infrastructure and the proprietary DARWIN ecosystem, which allows traders to turn a trading strategy into an investment product and attract capital from other investors. Based on its regulation, trading conditions, platforms, and available features, Darwinex appears to be a strong broker, although some services are more specialized and require a certain level of experience.

Darwinex is best suited to experienced, systematic, and algorithmic traders who want to analyze their strategies' results in detail, trade through MT4/MT5 or TradingView and potentially attract investor capital through DARWIN. The broker may also appeal to stock and futures traders thanks to its integration with Interactive Brokers.

Pros and Cons of Darwinex

Pros

  1. Reliable regulation by the FCA and CNMV, segregation of funds, and compensation schemes for UK/EU clients.
  2. Wide choice of platforms: MT4, MT5, TradingView and DXtrade.
  3. A unique DARWIN system for attracting investor capital.
  4. Competitive trading commissions and rebates up to 40%.
  5. Access to stocks, ETFs, and futures through Interactive Brokers.

Cons

  1. Limited choice of deposit and withdrawal methods.
  2. Market-average swaps and an inactivity fee.
  3. Limited educational materials.
  4. No 24/5 or 24/7 support.

FXCM Review

FXCM Logo
Register67-72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4Trading StationTradingView

FXCM represents a comprehensive solution that will benefit traders of all levels — from beginners to professionals. Beginners will appreciate the accessible educational materials and analytics, while experienced traders can use various instruments and flexible platform settings.

However, it's essential to consider drawbacks such as fees for account inactivity and the limited variety of trading accounts. These factors may be particularly significant for traders who do not plan to trade actively or are looking for more options for customization.

The broker offers a good balance between high-quality services and reasonable rates, making it an attractive choice for a broad spectrum of traders.

Pros and Cons of FXCM

Pros

  1. Diverse methods for deposit and withdrawal.
  2. Wide range of markets and products for trading.
  3. A broad spectrum of trading platforms.
  4. Extensive and quality materials for making informed decisions.
  5. Quick and efficient help in solving emerging issues.

Cons

  1. Insufficient variety of trading accounts.
  2. Inactivity fees and commissions for bank transfer withdrawals.
  3. Protracted account opening and verification process.

Reliability

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Reliability: comparison of Darwinex, FXCM
BrokerDarwinexFXCM
Reliability
5/5
5/5
Foundation Year
2012
1999
Regulated in Countries
United Kingdom, Spain, Seychelles
United Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the Grenadines
Regulators

Darwinex

Darwinex stands out for its high level of reliability due to regulation by the FCA and the CNMV, the segregation of funds, and compensation schemes.

Pros

  1. Regulated by the FCA and the CNMV.
  2. Segregation of client funds.
  3. Compensation of up to £85 000 in the UK and up to €100 000 in the EU.

FXCM

FXCM is a well-regulated broker with numerous licenses from various global organizations.

Account Opening

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Account Opening: comparison of Darwinex, FXCM
BrokerDarwinexFXCM
Account Opening
4/5
4/5
Minimum Deposit
  • 500 USD
  • 500 EUR
  • 500 GBP
  • 50 USD

Darwinex

Opening an account with Darwinex is fully online and usually takes up to one business day. The process is well organized but requires a more detailed questionnaire and more documents than many CFD brokers.

Pros

  1. Fully online registration.
  2. Verification usually takes 1 business day.

Cons

  1. Detailed financial questionnaire.
  2. Additional documents may be requested.
  3. The base currency cannot be changed after verification.

FXCM

The account opening process at FXCM is logically organized and efficient, providing clear steps for traders. The structured system and quick verification make this process convenient and straightforward.

Pros

  1. Clear and structured registration form.

Cons

  1. Verification waiting time can take up to 3 days.

Account Types

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Account Types: comparison of Darwinex, FXCM
BrokerDarwinexFXCM
Account Types
4.5/5
4/5
Trading Accounts
  • CFD
  • Classic
  • DARWIN of Stocks
  • DARWIN of Futures
  • Standard
Minimum Deposit
  • 500 USD
  • 500 EUR
  • 500 GBP
  • 50 USD
Spread
from 0 points
from 0 points
Max Leverage
1:30
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
  • MetaTrader 4
  • Trading Station
  • TradingView
Demo Account
Yes
Yes
Swap-free Account
No
Yes

Darwinex

Darwinex offers a wide range of accounts for self-directed trading, investing, and raising capital. The structure is particularly well suited to active and professional traders but does not cater to all client categories.

Pros

  1. CFD and IBKR accounts.
  2. Investment portfolios and DARWIN.
  3. Demo and corporate accounts are available.

Cons

  1. No Islamic account.
  2. The account structure may be complex for beginners.

FXCM

FXCM offers two types of accounts: Mini for beginners and Standard for experienced traders. Although the choice is not vast, both accounts are well adapted for their target audiences.

Pros

  1. Mini account available - akin to a cent account.
  2. Option for copy trading through ZuluTrade.
  3. Demo and Islamic accounts available.

Cons

  1. Limited selection of account types.
  2. No account with fixed spreads.

Commissions

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Commissions: comparison of Darwinex, FXCM
BrokerDarwinexFXCM
Commissions
4/5
3.2/5
Spread
from 0 points
from 0 points
Average Spread (EURUSD)
0.3
1.2
Commission
per 1 lot$2.85
No data

Darwinex

Fees at Darwinex are generally below average: spreads are tight, trading commissions are competitive, and rebates can further reduce costs. Swaps remain average.

Pros

  1. Low spreads.
  2. Competitive trading commissions.
  3. Rebates up to 40%.

Cons

  1. Market-average swaps.
  2. There is an account inactivity fee.

FXCM

Commissions at FXCM are average. The broker offers favorable conditions for long-term trading thanks to competitive spreads and swaps. However, there is an inactivity fee and a fee for fund withdrawal.

Pros

  1. Competitive spreads and swaps.
  2. Rebate program for active traders.

Cons

  1. Inactivity fee.
  2. Fee for withdrawals via bank transfer.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Darwinex, FXCM
BrokerDarwinexFXCM
Rating
3.5/5
4.5/5
Account Funding Methods
  • Skrill
  • Bank Transfer
  • UnionPay
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • PayPal
  • Swift
  • Visa
  • Mastercard
  • Discover
  • UnionPay

Darwinex

Deposits and withdrawals at Darwinex are fairly convenient and fast, but the choice of methods is limited. The main drawbacks are the lack of cryptocurrencies and additional costs for some withdrawal methods.

Pros

  1. Fast deposits via card and Skrill.
  2. Straightforward system via Darwinex Wallet.

Cons

  1. Limited choice of payment methods.
  2. No cryptocurrencies.
  3. A fee applies to withdrawals via card and Skrill.

FXCM

FXCM offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies.

Pros

  1. Variety of deposit methods.
  2. Fast processing of withdrawal requests.
  3. No broker commissions for depositing.

Cons

  1. Commission for withdrawals via bank transfer.

Markets and Products

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Markets and Products: comparison of Darwinex, FXCM
BrokerDarwinexFXCM
Markets and Products
4/5
4.5/5
Forex
42
41
Precious Metals
2
3
Energy Carriers
2
7
Indices
10
15
Stocks
800
3512
ETF
100
280
Cryptocurrency
7
23
Soft Commodities
-
4

Darwinex

Darwinex offers a wide range of markets thanks to the combination of CFDs and Interactive Brokers accounts. The selection is well suited to active traders, although the choice remains limited in certain asset classes.

Pros

  1. Forex, stocks, ETFs, indices, and commodities.
  2. Access to futures through IBKR.

Cons

  1. Some markets are available only through IBKR.
  2. Limited choice of indices and commodities.
  3. Cryptocurrencies are not available to all clients.

FXCM

FXCM provides a wide range of trading instruments, making it attractive for various categories of traders. Different markets, from Forex to stocks and cryptocurrencies, are available.

Pros

  1. Good selection of markets and instruments.

Cons

  1. Some competitors have even more CFDs.

Trading Platforms

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Trading Platforms: comparison of Darwinex, FXCM
BrokerDarwinexFXCM
Rating
5/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
  • MetaTrader 4
  • Trading Station
  • TradingView

Darwinex

Darwinex offers a wide range of platforms with robust functionality. MT4/MT5, TradingView and DXtrade are suitable for manual and algorithmic trading as well as advanced analysis.

Pros

  1. Wide choice of platforms.
  2. Support for algorithmic trading.
  3. Integration with TradingView.

FXCM

FXCM offers a wide choice of trading platforms with high functionality, meeting the needs of different traders.

Pros

  1. Wide choice of platforms for different trading styles.
  2. Advanced analytical tools in Trading Station.
  3. Support for algorithmic and social trading through Capitalise AI and ZuluTrade.

Analytics

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Analytics: comparison of Darwinex, FXCM
BrokerDarwinexFXCM
Rating
3.5/5
5/5

Darwinex

Analytics from Darwinex are particularly strong for assessing trading strategies and risks, but the broker trails more versatile competitors in conventional market reviews, news, and signals.

Pros

  1. In-depth strategy analysis.
  2. Detailed risk and return statistics.

Cons

  1. Little proprietary market analysis.
  2. No comprehensive trading signals section.
  3. A limited number of expert reviews.

FXCM

FXCM offers comprehensive analytical tools, from trading signals to expert research. These resources not only simplify trading decisions but also help to improve strategy.

Pros

  1. Wide range of analytical tools.
  2. Professional signals and market analysis.
  3. Personalized trading applications.

Cons

  1. Some tools may require a subscription or active account.
  2. Lack of analytics localization in different languages.

Education

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Education: comparison of Darwinex, FXCM
BrokerDarwinexFXCM
Rating
2.5/5
4/5

Darwinex

Darwinex's educational resources are useful for traders already familiar with the market but are less varied in format than those of competitors: the main focus is on articles and guides, with no structured courses or regular webinars.

Pros

  1. Useful articles and guides.

Cons

  1. No comprehensive academy.
  2. Few video formats.
  3. No regular webinars or podcasts.

FXCM

The broker offers quality webinars and helpful guides that make the learning process informative and interactive.

Pros

  1. Webinars with experts for direct interaction.
  2. Detailed Forex guides.
  3. Materials suitable for traders of all levels.

Cons

  1. Lack of video courses.
  2. No podcasts for audio learning.

Customer Support

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Darwinex

Support at Darwinex is fairly professional and offers several contact channels, but its limited hours and lack of 24/5 service lower the overall rating.

Pros

  1. Email, phone, and contact forms.
  2. There is a channel for urgent trading issues.
  3. Generally professional responses.

Cons

  1. No 24/5 or 24/7 support.
  2. Complex inquiries may take a long time to resolve.

FXCM

FXCM's technical support is highly rated for its variety of communication channels and quick response. Customer reviews confirm the professionalism and efficiency of the staff.

Pros

  1. Multiple channels of communication, including WhatsApp and live chat.
  2. Available 24/5.
  3. High degree of customer satisfaction.

Cons

  1. There may be telephone charges for international calls.

Comparisons of Darwinex and FXCM with other brokers

Conclusion

When choosing between FXCM and Darwinex, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: Darwinex or FXCM?

FXCM ranks higher than Darwinex in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: Darwinex or FXCM?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — Darwinex or FXCM?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with Darwinex and FXCM?

Darwinex: MetaTrader 4, MetaTrader 5, DXtrade, TradingView, Trader WorkStation (TWS), WebTrader, Ninja Trader, MultiCharts, IB Gateway. FXCM: MetaTrader 4, Trading Station, TradingView. See the “Platforms” section for details and selection tips.

What markets can you trade with Darwinex and FXCM?

Darwinex: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. FXCM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by Darwinex and FXCM?

Darwinex: CFD, Classic, DARWIN of Stocks, DARWIN of Futures. FXCM: Standard. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Darwinex and FXCM?

Darwinex: Skrill, Bank Transfer, UnionPay, Visa, Mastercard. FXCM: Skrill, Neteller, PayPal, Swift, Visa, Mastercard, Discover, UnionPay. Check method-specific fees/settlement times.

Which broker is safer — Darwinex or FXCM — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.