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.
Darwinex Seeks to Expand Client Base
In a blog post 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 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.
“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 added.
Furthermore, Darwinex noted that traders that tap into the integration will gain access to various platforms, such as TradingView, Trader WorkStation, NinjaTrader and MultiCharts.
Darwinex Launches Subscription-Based Service
The latest move by Darwinex follows the company’s recent launch of Darwinex Zero, 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.
Juan Colón, the Co-Founder and CEO of Darwinex, in a recent interview with Finance Magnates, called Darwinex Zero “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.
"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."
Darwinex originally offered retail trading services with margin forex and contracts for difference (CFDs) based on various asset classes.
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