Broker comparison

Darwinex vs MTrading Comparison

Compare trading conditions, commissions and platforms of Forex brokers Darwinex and MTrading. 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

MTradingHigher ranked
Rating
3.1/5
Rank
#72
Register

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

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

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 MTrading?

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

MTrading ranks higher in the editorial ranking.
Darwinex
Rating: 4.1/5Rank: #74
MTrading
Rating: 3.1/5Rank: #72

Darwinex

Minimum deposit · USD
500 USD
Different platforms
  • MetaTrader 5
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway

MTrading

Minimum deposit · USD
10 USD
Different platforms
None listed

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

Full broker ranking

Comparison Table of Darwinex and MTrading

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Overview: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Foundation Year20122012
Regulated in CountriesUnited Kingdom, Spain, SeychellesSaint Vincent and the Grenadines
Minimum Deposit
  • 500 EUR
  • 500 GBP
  • 500 USD
  • 10 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:301:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
  • MetaTrader 4
ReviewDarwinex ReviewMTrading 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.

MTrading Review

MTrading 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 4

MTrading offers a variety of trading accounts that can meet the needs of traders with different levels of experience and capital sizes. The wide range of trading instruments available makes this broker attractive for traders seeking to diversify their investments. The copy trades service may also be of interest to beginners who want to profit by following the strategies of successful traders.

MTrading is suitable for new traders, especially those who want to try copying trades and working with various trading instruments on one platform.

Pros and Cons of MTrading

Pros

  1. Availability of different types of trading accounts.
  2. Wide range of trading assets.
  3. Own copy trading platform.

Cons

  1. Lack of licenses from reputable regulators.
  2. Limited choice of trading platforms.
  3. Only one method of communication with support service.
  4. Absence of some popular deposit and withdrawal methods.
  5. Sparse analytical and educational materials compared to competitors.

Reliability

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Reliability: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Reliability
5/5
2/5
Foundation Year20122012
Regulated in CountriesUnited Kingdom, Spain, SeychellesSaint 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.

MTrading

Broker MTrading is registered in a jurisdiction with limited regulation, which may raise concerns among investors.

Pros

  1. Company's reputation in the market.
  2. Measures to ensure the security of client funds.

Cons

  1. Lack of regulation by major financial authorities.
  2. Potential risks for investors due to weak regulation.

Account Opening

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Account Opening: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Account Opening
4/5
5/5
Minimum Deposit
  • 500 USD
  • 500 EUR
  • 500 GBP
  • 10 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.

MTrading

Opening an account with MTrading is a simple, convenient, and fast process.

Account Types

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Account Types: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Account Types
4.5/5
4.3/5
Trading Accounts
  • CFD
  • Classic
  • DARWIN of Stocks
  • DARWIN of Futures
  • M.Cent
  • M.Premium
  • M.Pro
Minimum Deposit
  • 500 USD
  • 500 EUR
  • 500 GBP
  • 10 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:301:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
  • MetaTrader 4
Demo Account
Swap-free Account

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.

MTrading

Broker MTrading offers a variety of accounts that meet the needs of different traders, but there are no accounts with fixed spreads.

Pros

  1. Wide selection for different levels of experience.
  2. Ability to start trading with small amounts.
  3. Availability of copy trading service.

Cons

  1. Absence of accounts with fixed spreads.

Commissions

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Commissions: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Commissions
4/5
1.5/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)0.31.3
Commissionper 1 lot$2.85per 1 lot$4.00

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.

MTrading

MTrading's commissions are above the market average, which can affect the overall profitability of the trader.

Pros

  1. There are no withdrawal fees.

Cons

  1. Commission per trade on M.Pro is above average.
  2. Almost all swaps are negative.
  3. Additional commission for account inactivity.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Rating
3.5/5
4/5
Account Funding Methods
  • Skrill
  • Bank Transfer
  • UnionPay
  • Visa
  • Mastercard
  • Neteller
  • Skrill

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.

MTrading

MTrading offers a limited selection of payment systems, but transactions are fast and commission-free.

Pros

  1. No commissions for depositing and withdrawing funds.
  2. Fast execution of payments.
  3. Support for cryptocurrency payments.

Cons

  1. Lack of popular methods such as bank transfer and credit cards.

Markets and Products

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Markets and Products: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Markets and Products
4/5
4/5
Forex4238
Precious Metals25
Energy Carriers23
Indices1010
Stocks80087
ETF1009
Cryptocurrency712

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.

MTrading

MTrading offers a wide range of trading assets, covering major markets and allowing traders to flexibly form their portfolio.

Pros

  1. Access to 38 currency pairs in the Forex market.
  2. Ability to trade CFDs on stocks, indices, commodities, and cryptocurrencies.

Cons

  1. Soft commodities are not available.
  2. The overall number of CFDs is average, lower than many competitors.

Trading Platforms

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Trading Platforms: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Rating
5/5
3.5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
  • MetaTrader 4

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.

MTrading

MTrading focuses on the MetaTrader 4 platform, offering its various modifications, but limits the choice of alternatives.

Pros

  1. Availability of the time-tested and popular MT4 platform.
  2. Additional features in MT4 Supreme Edition to enhance trading.
  3. Ability to trade through a browser with WebTrader.

Cons

  1. Lack of modern platforms such as MetaTrader 5 or cTrader.

Analytics

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Analytics: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Rating
3.5/5
3/5

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.

MTrading

MTrading offers basic analytical tools, but they may seem limited compared to competitors.

Pros

  1. Access to up-to-date financial market news.
  2. Technical analysis from the company's experts.

Cons

  1. Lack of advanced analytical tools.
  2. No integrated services such as Autochartist or Trading Central are provided.

Education

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Education: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Rating
2.5/5
2.5/5

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.

MTrading

MTrading offers basic educational materials targeted at beginner traders, but their range is limited.

Pros

  1. Articles on the basics of Forex.
  2. Overviews of indicators and strategies.

Cons

  1. Lack of advanced educational resources.
  2. No webinars or video tutorials are provided.
  3. Limited variety of topics.

Customer Support

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Customer Support: comparison of Darwinex, MTrading
BrokerDarwinexMTrading
Rating
3.5/5
2.5/5
Email Support
Hotline Phones
Social Media

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.

MTrading

MTrading's technical support has an average level, with certain shortcomings in communication channels and resolving client issues.

Pros

  1. Availability of online chat for quick communication.
  2. Support through social media.

Cons

  1. Lack of telephone line and email support.
  2. Issues with response timeliness.
  3. Complaints about ineffective resolution of finance-related issues.

Comparisons of Darwinex and MTrading with other brokers

Conclusion

When choosing between MTrading 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 MTrading?

MTrading 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 MTrading?

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 MTrading?

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 MTrading?

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

What markets can you trade with Darwinex and MTrading?

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

What account types are offered by Darwinex and MTrading?

Darwinex: CFD, Classic, DARWIN of Stocks, DARWIN of Futures. MTrading: M.Cent, M.Premium, M.Pro. See “Account Types” for a side-by-side comparison.

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

Darwinex: Skrill, Bank Transfer, UnionPay, Visa, Mastercard. MTrading: Neteller, Skrill. Check method-specific fees/settlement times.

Which broker is safer — Darwinex or MTrading — 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.