Darwinex sweetens offering with Interactive Brokers integration

abdelaziz Fathi

UK-headquartered retail broker and asset manager, Darwinex, has made a significant stride by revealing its integration with US discount broker Interactive Brokers (IBKR).

Darwinex

The introducing broker arrangement allows Darwinex’s users to access their Interactive Brokers account, fully backed by the guidance of the former’s dedicated customer success team. They will also be able to engage in trading various assets, including shares, futures, and exchange-traded funds (ETFs) directly on the IBKR platform.

“If a trader later decides he would like to create a DARWIN from this account, we’ll soon enable a feature that will allow them to start a DARWIN from their existing Classic IBKR account without the need to open a new account. We’ll analyze the traded assets eligible for a DARWIN (futures, US stocks, and ETFs) and we’ll migrate the track record to a DARWIN IBKR Account,” the statement reads.

Darwinex, which offers a hybrid of social-related copy trading solutions, will enable IBKR clients to access its analytical toolkit to assess their strategy, participate for seed capital, and attract investor capital on the platform. As usual, a DARWIN can facilitate traders growing their Assets under Management (AuM) from three sources, including the company’s capital allocation program.

For traders currently utilizing Interactive Brokers but eager to attract investments through Darwinex, the process is straightforward. No tiresome paperwork is required, and there will be no alterations to their existing Interactive Brokers account.

When a trader makes the move, their account will initially be treated as a Classic Account. However, if they decide to create a DARWIN index later on, all they need is to get in touch and submit their request. At that point, Darwinex will examine the trading strategy and migrate the track record to a joint account.

By following these steps, traders can transition to Darwinex, unlocking the potential to grow their investments without any disruptions to their existing trading setup with Interactive Brokers.

Interactive Brokers has recently expanded its fractional trading feature for European stocks and ETFs, four years after its initial launch for US securities back in 2019. The move, geared toward attracting more young clients, eliminates the barriers that many investors face when trying to invest in a diversified portfolio of listed securities. Fractional share trading allows investors to diversify their investment portfolios by spreading their relatively small capital over a broader range of stocks.

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