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Single Stocks on the MT4 Platform

Traders at Darwinex can now trade single stock CFDs on the MT4 platform.  This is the precursor to allowing investment in single stock DARWINs.


A year and a half ago we launched our first offer of single stock contracts for difference.  We started with the 30 single stocks on the Dow Jones Industrial Average on the MT5 platform.  Half a year later, we added a selection of the more liquid single stock CFDs from the NYSE and the Nasdaq, likewise on MT5. The total offer extends to some 250 US stocks.  Another half a year later, we launched single stock DARWINs in beta (DARWINs created but not investable).

We are now introducing the possibility to trade our single stock CFDs on the MT4 platform as well. With this change, we hope to significantly increase the number of single stock DARWINs before allowing investment in these DARWINs.


In order to trade live single stocks in MT4, you would have to create a new MT4 account.  You cannot trade them in the same account which you use to trade other assets.  Another restriction is that you cannot connect nor migrate single stock MT4 accounts from another broker.

Open an MT4 account for trading shares


In terms of cost and execution, there is no difference between MT5 or MT4. The $0.04 per contract roundtrip brokerage commission you pay us buys you the best fill in the open market, including both CBOE and every alternative via systematic internalisers under the Mifid regime in Europe.

Consult our single stocks on offer


For a complete explanation of how Darwinex’s share CFDs work, check out this webinar recording from last May. The webinar covers the following topics:

  • Why Darwinex started offering single stocks CFDs
  • Why CFDs instead of cash stocks
  • Risks of CFDs
  • CFDs vs. direct market access (DMA) CFDs
  • The price you see
  • The price you get
  • Slippage in the case of stocks

 


Do you have any questions regarding trading single stocks on MT4? Do not hesitate to share them in comments.


Photo by Arch_Sam on Foter.com / CC BY

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Direct Market Access to 220 More CFDs of US Stocks

Darwinex is now offering, on the MT5 platform, direct market access (DMA) to a selection of CFDs of the most liquid NYSE and Nasdaq stocks.


After the 30 of the DJIA, here come 220 more stocks from the NYSE and the Nasdaq

In May 2018 we were announcing the offering of direct market access (DMA) to single stocks starting with contracts for differences (CFDs) on 30 US stocks -the DJIA constituents- on the MT5 platform.

On that occasion, we wrote…

Once we have road-tested operations, we will:

  • Expand the universe of US stocks
  • Add European stocks

Our target is to eventually include the 20% of reference stocks that account for 80% of volume.

Operations have been road-tested and we’ve arrived at the next station of our single stocks journey: we’ve added a selection of CFDs of the most liquid NYSE and Nasdaq stocks, namely 153 from the NYSE and 67 from Nasdaq.

Check out our complete stocks offering here.


How do our DMA single stock CFDs work?

It’s important to know how our Direct Market Access (DMA) stock CFDs work in order to be aware that they’re a product as good – or better – as cash stocks.

CFD is the abbreviation of contract for difference, term that indicates the form the contract gets settled.

It’s an equity swap in which the counterparties settle the bet based on the difference of the underlying’s price from the time the contract was agreed to the point where it ends without having owned the underlying at any moment of time.

In the case of share CFDs, contracts are referenced to specific shares.

For a complete explanation of how Darwinex’s share CFDs work, check out this webinar recording from last May. The webinar covers the following topics:

  • Why Darwinex started offering single stocks CFDs
  • Why CFDs instead of cash stocks
  • Risks of CFDs
  • CFDs vs. direct market access (DMA) CFDs
  • The price you see
  • The price you get
  • Slippage in the case of stocks

 


The price you see and the fill you get

As we’ve been doing with the 30 share CFDs we started to offer in May, we’ll stream CBOE live Top of Book price feed at no charge to customers.

As to the fill you get, as always, we offer you Direct Market Access (DMA). The $0.04 per contract brokerage commission you pay us buys you the best fill in the open market, including both CBOE and every alternative via systematic internalisers under the Mifid regime in Europe.

That is, the price you see is the price available from CBOE US whereas the price you get is the best market price available from any regulated alternative, including CBOE US, but not limited to it.


DARWINs based on stocks

DARWINs based on trading accounts trading stocks is one of the next stops o Darwinex’s single stocks journey.

We already offer DARWINs based on accounts trading the DAX, one of our first assets not tradeable 24/5 – DARWINs based on stocks are really close.


We hope you find the new assets interesting. And as always, we’d love to hear your comments and feedback!

Check out our complete stocks offering here.