Our ForexBrokers.com team spent seven months and hundreds of hours assessing 43 different forex broker accounts
for trading FX. In total, over 6,000 data points were collected. For this review, we will compare Darwinex vs FOREX.com (GAIN Capital).
To start this comparison, first, we will take a look at the fees charged for trading forex. It's important to note this is no easy task. Not every broker shares their average spreads, spreads can be fixed or variable (floating), execution policies differ, and brokers can act as market makers (dealers) or act as agents for execution. To simplify things, we analyzed everything for you and provide a single star rating for cost. FOREX.com (GAIN Capital)'s score is 4.50 stars versus Darwinex's 3.50 stars.
Cost aside, we can now turn our focus to regulation alongside currency availability. For regulation, it's very important to select a broker you can trust with your money. Darwinex and FOREX.com (GAIN Capital) both are regulated in a major hub. FOREX.com (GAIN Capital) is a publicly traded company, Darwinex isn't. How many currency pairs are available to trade? FOREX.com (GAIN Capital) offers its clients access to 84 different currency pairs while Darwinex has 40 available pairs, a difference of 44.
To round out our comparison, let's look at the popular tools and features forex traders prefer. For platforms, some FX traders prefer MetaTrader. Both Darwinex and FOREX.com (GAIN Capital) offer Meta Trader. Within the trading platform, charting should be robust, so we counted the number of drawing tools and total technical indicators made available. FOREX.com (GAIN Capital) trails Darwinex by 9 total charting tools, with Darwinex offering 31 and FOREX.com (GAIN Capital) offering 22. Darwinex trails FOREX.com (GAIN Capital) by 88 total different indicators (for example, moving averages), with FOREX.com (GAIN Capital) offering 139 and Darwinex offering 51.
Overall, FOREX.com (GAIN Capital) takes the upper hand with 4.50 stars over Darwinex's 3.50 stars. And, when it comes to individual category awards, FOREX.com (GAIN Capital) posted awards Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Investor Education in 2018, while Darwinex found itself with none of these.