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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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We are launching single stock DARWINs in beta

As resolved at the beginning of  the year and as some of you already guessed, we are launching stock DARWINs in beta.


The stock DARWINs have the same objective risk (10% monthly VaR) as the rest of the DARWINs but they can only trade CFDs of US stocks without trading any other type of assets.  For the time being they can be identified on the underlying strategy’s page with ‘Single stock CFDs (USA)’ in the section indicating the type of trading account.  Further down the line we will create a filter to locate them.

 

stocks DARWINs

 

Paralleled with this announcement we will start to approve the DARWINs which our users ask us to create.  To facilitate there being many stock DARWINs, we are working on offering shares, as well as on the current MT5 platform, also on the MT4 platform.

Even though there is the option to create a DARWIN from a single stocks trading account, for a time we will not allow the DARWIN to have investors with live funds, and therefore, neither can these DARWINs participate in the DarwinIA trading competition.  The reason behind this restriction is that we have had to adapt the risk manager and we want to have a trial period to be sure that it all works correctly.  In addition, we will use this time to configure the routing system for the investors’ share orders.

Another change that comes with the stocks DARWINs is the adaptation of the Capacity attribute.  This attribute already takes into account the lower liquidity of shares compared with the rest of the assets available at Darwinex.

On the other hand, the R+, R- and Dc attributes still require some changes to the analysis of shares accounts, which we will carry out ideally before allowing investment in these DARWINs.

We are aware of the great interest from our traders and investor in European shares and also in cash stocks.  Once we see the reception of the share DARWINs, we will evaluate offering them.


What do you think of the launch of share DARWINs in beta?  We await your comments and feedback.


Photo by Got Credit on Foter.com / CC BY