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Darwinex vs Garnet Trade
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Darwinex currently holds a stronger overall rating (4.5) than Garnet Trade (0).
Darwinex has a higher minimum deposit than Garnet Trade, at 500.0.
Both platforms offer their clients demo accounts, mobile trading, scalping.
Traders should note that
both companies offer the same minimum lot size 0.01, but Darwinex has a maximum lot size of 500.0, while Garnet Trade offers 100.0.
Darwinex offers a lower maximum leverage of 1:30, whereas Garnet Trade allows trading with up to 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 500.0 | 100.0 |
| Commission | 0.3 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 4 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 500.0 | 100.0 |
| Spread | Variable | Variable |
| Broker type | STP, NDD, DMA | STP, ECN, NDD, DMA, Prime of Prime, Pro |
| Maximal leverage (1:?) | 30 | 500 |
| Availability | STP, NDD, DMA | STP, ECN, NDD, DMA, Prime of Prime, Pro |
| Regulation | FCA (UK) | - |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Skrill, Trustly | Wire Transfer, Credit Card, Debit Card, Crypto, USDT, Visa, Mastercard, cryptoPay |
| Account Currency | USD, GBP, EUR | USD |
| Languages | English, Spanish, French, German, Italian, Russian, Mandarin, Chinese, Hungarian, Bulgarian | English, Spanish, French, German, Portuguese, Italian, Russian, Arabic, Farsi, Turkish, Persian |
| Country | United Kingdom | Australia |
| Trading platform(s) timezone | United Kingdom | Canada, United Kingdom |
| Other trading instruments | Stocks, Indices, Commodities, CFDs, Cryptocurrency | Stocks, Options, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals, Share CFDs, Other, Forex, Cryptos*, CFDs on Indices, CFDs: Indices, Commodities, Energies, Equities |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
