Darwinex announces integration with Interactive Brokers
Starting today, Darwinex customers can trade with Interactive Brokers (IBKR) across Futures, Stocks, and ETFs and leverage their trading talent with Darwinex’s capital introduction service.
The Darwinex-IBKR integration aims to attract more talented traders that can benefit from a truly multi-asset and multi-platform infrastructure, enabling them to attract seed and investor capital at scale.
From this point forward, traders can trade from their Interactive Brokers account with the support of Darwinex’s Customer Success Team. The 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 Darwinex’s seed and investor capital introduction service.
The newly available accounts aim to suit the different needs of Darwinex’s traders:
Classic IBKR Account
A Classic IBKR Account allows traders to trade all the assets available in Interactive Brokers under IBKR fixed pricing conditions and the support of Darwinex’s team:
- Options
- Currencies
- Bonds
- Funds
- Futures
- Stocks
- And more, on 150 global markets.
If a trader decides to create a DARWIN from this account later, Darwinex will 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. Darwinex will analyze the traded assets eligible for a DARWIN (futures, US stocks, and ETFs) and will migrate the track record to a DARWIN IBKR Account.
DARWIN IBKR Account
With this account, traders interested in accessing investor capital can trade IBKR futures, US stocks, and ETFs which are the assets eligible for a DARWIN creation. For Stocks and ETFs Darwinex offers two types of accounts, which also include Futures:
Long-Short
The option for short-term traders trading both sides of the market. DARWIN investors holding long positions are charged for FX overnight funding costs while DARWIN investors get paid interest on short positions. The stock universe in this account is broader than for the long-only account.
Long-Only (coming soon)
Ideal for long-only traders holding long term positions. Investors are only charged interest where investment currency does not match their base account currency.
Traders currently trading with Interactive Brokers and looking to attract investment via Darwinex, only need to register with Darwinex and follow a few simple steps to move their account to Darwinex. There’s absolutely zero paperwork involved and zero changes to their Interactive Brokers account: they won’t need to close their account with IBKR to access the Darwinex services or deposit money with Darwinex.
The IBKR account moved to Darwinex will be treated as a Classic Account first. If a trader then decides to create a DARWIN index, they’ll need to contact Darwinex with the request. Darwinex will then analyze the strategy and migrate the track record to a DARWIN IBKR Account, taking into account the performance obtained on the assets eligible for a DARWIN (futures, US stocks, and ETFs) exclusively.
Traders will be able to trade all of the assets via a wide range of platforms integrated with Interactive Brokers such as:
- TradingView
- Trader WorkStation
- NinjaTrader
- MultiCharts
- Zorro IB Bridge
- IB Gateway
- Many more.