Darwinex Seeks Growth through New Integration with Interactive Brokers

<p>Darwinex, a
UK-based retail broker and asset manager, has announced its integration with
the popular American electronic trading platform, Interactive Brokers (IBKR). With the
move, Darwinex’s clients will be able to trade assets such as shares, futures,
and exchange-traded funds (ETFs) on Interactive Brokers with Darwinex’s
support.</p><p>Darwinex
Seeks to Expand Client Base </p><p>In <a href="https://blog.darwinex.com/hello-interactive-brokers-futures-stocks-etfs-and-more-available-now/" target="_blank" rel="follow">a
blog post</a> announcing the move, Darwinex explained that the integration
“aims to attract more talented traders that can benefit from a truly
multi-asset and multi-platform infrastructure.” Under the arrangement, Darwinex
will also provide investor capital to traders who trade futures, US stocks and
ETFs. However, the EFTs are only available for Interactive Brokers’ professional
clients and clients outside the European Union.</p><p>“Our IBKR
Introducing Broker Relationship allows clients to trade from their IBKR
account, with IBKR trading conditions and fixed prices but with the added value
of transforming their trading strategy into an investable index – a DARWIN –
thus benefiting from our seed and investor capital introduction service,”
Darwinex further explained.</p><p>Furthermore,
Darwinex noted that traders that tap into the integration to gain access to various platforms such as TradingView,
Trader WorkStation, NinjaTrader and MultiCharts.</p><p>Darwinex
Launches Subscription-Based Service </p><p>The latest
move by Darwinex follows the company’s recent <a href="https://www.financemagnates.com/forex/darwinex-eyes-novice-traders-with-paid-subscription-model/" target="_blank" rel="follow">launch
of Darwinex Zero</a>, a subscription-based trading platform which is available
globally, including in the United States, Canada, Japan, and Europe. Through the new platform, the Darwinex platform provides seed capital to successful
traders and takes a share of their profits.</p><p>Juan Colón,
Darwinex's Co-Founder and CEO, in <a href="https://www.financemagnates.com/executives/darwinex-zero-belongs-outside-any-regulated-perimeter-says-ceo/" target="_blank" rel="follow">a recent interview</a> with <a href="https://financemagnates.com" target="_blank" rel="follow">Finance Magnates</a>,
described Darwinex Zero as “the talent scout to our regulated asset management
sisters.” This is even as the platform
offers up to €500,000 in capital to vetted traders.</p><p>"Our
goal when seeding emerging traders is first to prepare them for outside
investment,” Colón explained.“The second
goal is to raise their visibility with our investors. Once they receive
external funding, we participate in the upside by sharing 5% in the 20% success
fee, and free up our capital to seed the next cohort of good traders."</p><p>Darwinex originally offered retail trading services with margin forex and contracts for difference
(CFDs) based on various asset classes.</p><p>Revolut debuts joint accounts in the UK; Tradefeedr hires new exec; <a href="https://www.financemagnates.com/forex/news-nuggets-24-july-revolut-debuts-joint-accounts-in-the-uk-tradefeedr-hires-new-exec/" target="_blank" rel="follow">read today's news nuggets</a>.</p>

This article was written by Solomon Oladipupo at www.financemagnates.com.