Do not invest more money than you can afford to lose.
Darwinex, the FCA-regulated social forex broker and trading platform, said it has added six new forex pairs, plus the Spanish index Ibex35 (SPA35) to the list of trading instruments.
The six new pairs for trading are: EURMXN, GBPMXN, USDMXN, EURTRY, GBPTRY and USDTRY.
The minimum required margin for all six pairs, as well as the Spanish index is 3% and the minimum size (contracts) is 0.01 for the forex pairs and 0.10 for SPA35. The contract size for the currency pairs are USD, EUR or GBP 100 000, respectively.
In its post Darwinex noted that accounts with SPA35 trades cannot list a Darwin yet.
Darwinex was set up in 2012 as TradeSlide and was operating as a regulated investment adviser. In the spring of 2014, however, it overhauled its platform, obtained a broker license from UK’s regulator FCA and rebranded itself as Darwinex.
The social platform of the broker allows users to upload data on their performance and strategies, which are evaluated through a set of criteria and if deemed eligible, turned into “Darwins” – trading strategies which can be followed by investors.
Recently Darwinex announced a major overhaul of both the platform and the site.
