Darwinex Youtube Channel and communication

[ridgeback]

My little gang of bandits were looking at trading with them but they seem to have zero to offer compared to the online prop shops out there.

Within a couple of months a decent trader can have about 800k trading with just FTMO and MFF, plus 80 to 90% profit.
No brainer.

The brokers have been routed by this and it's shaking the retail market which is well overdue, including the social trading/betting scams.

Props for Darwinex for trying to do something different but the current model seems overcomplicated and who are they to decide who are good traders or not based on their own algo risk manager? If it was that good then why isn't it trading for them in the first place?

Seems like another $4m hedge fund that needs another $47m. Good luck to them though.. !

 

[FXforfun]

The video wasn't that bad. Definitely only suitable for Darwinex fans because it was so long and boring. But leaving aside style issues I think it's good to see that Darwinex is there.
Didn't say much. Interesting to note what it wasn't said. No more focus on D-Score or other atributes. At last! And no more smoke selling with the IB Partnership. What happened with that promised land?
Most remarkable. They will invest on Sales and Marketing. Definitely they need it.
By the way. The new investor guy said he's been a trader for 20 years, Where is his Darwin? I'd like to see it 😉

 

[CavaliereVerde]

Definitely only suitable for Darwinex fans

Definitelly suitable for Darwinex noobs, completelly useless for real fans like us with more than one year of experience.

No more focus on D-Score or other atributes.

No more focus on the product and on what makes Darwinex different from copytrading.

Most remarkable. They will invest on Sales and Marketing. Definitely they need it.

When they were investing in product and technology there was no need to push on marketing.

 

[FXforfun]

Nice! For once I disagree with CavaliereVerde! 🙂

Definitelly suitable for Darwinex noobs, completelly useless for real fans like us

A real fan gets excited watching Juan Colon smiling. I did!

No more focus on the product and on what makes Darwinex different from copytrading.

Couple of comments here; i) They did say that the millions of euros invested by the estonian guy would go to improve their platform (top priority), they didn't said what improvements though. And ii) Darwinex is a coytrading platform. Great approach with the Darwin concept but copytrading after all

no need to push on marketing.

That's a mistake. Sales & Marketing is what makes a company big. Any great company, you name it, has a great sales&marketing department.

 

[IlIlIlIlI]

The new investor guy said he's been a trader for 20 years, Where is his Darwin? I'd like to see it

I hope he will read that!

 

[IlIlIlIlI]

Nice! For once I disagree with CavaliereVerde! 🙂

A real fan gets excited watching Juan Colon smiling. I did!


Couple of comments here; i) They did say that the millions of euros invested by the estonian guy would go to improve their platform (top priority), they didn't said what improvements though. And ii) Darwinex is a coytrading platform. Great approach with the Darwin concept but copytrading after all

That's a mistake. Sales & Marketing is what makes a company big. Any great company, you name it, has a great sales&marketing department.

What they mostly need and avoid to discuss (!) is to make a REAL own asset class out of a Darwin.
What they did and do until now is a recalculated copy trading with the size the risk manager gives.

As long as the tax report is made by copy trading microlots and any multiple of it a Darwin is really NOT an own asset class!

Besides that could easily be done by pooling the investor money and NOT buying the traded assets for each individual investor account and putting that into his investor account. If they would treat a Darwin as a fund that would not be necessary or possible.

Bigger German investors will latest have to leave if their tax report is split to the individual investor trades by the financial authorities and the sum of losing trades is capped at 20k as the current law says it will be done starting January (!) 2021.
A 1.000 EUR (one thousand!) investment account with x3 leverage can easily have a sum of 20k in losing trades over a year!
So it must be impossible to break down the losing trades on an individual investor account to avoid that!
@Darwinex: Think! It is possible!

I know that there is some paperwork to do with the authorities to reach that.
I know that there is some technical work to do to make a change.
But I think it is possible with the people and knowledge they have.

I hope they will use Mr. Mattus' money also to solve that.

 

[Captain Currency]

what did you take from it?

Mirrored previous chats that where laced with enthusiasm that new customers love. Reputation will suffer more when we get over-promised and under-delivered on.

 

[CavaliereVerde]

Recap about Darwinex communication:
Twitter: running (by Ignacio)
Youtube = Martyn Tinsley course
Community : wiped
Blog: dead
Slack: dead
Telegram : dead ( https://t.me/s/darwinex )

 

[Captain Currency]

Weekly email update from The Darwinex Team is welcomed, glad to see it hasn't vanished.

 

[CavaliereVerde]

Recap about Darwinex communication:
Twitter: running (by Ignacio)
Youtube = Martyn Tinsley course
Community : wiped
Blog: dead
Slack: dead
Telegram : dead ( https://t.me/s/darwinex )

After 6 months the situation is unchanged.

 

[FXforfun]

Sadly they are not improving their Marketing. Honestly, I can't understand why. It is not that hard, specially considering their room to improve is so so huge.
I think their product/concept is great, they could/should growth at two digits pace. I bet they just maintain their figures.

And I'm sure they are trying, but their Marketing policy is so clumsy it's diconcerting. I've seen them in some interviews on Youtube influencers, which is good. But later I think they are promoting some Youtube channels that look like random picked.

At some point they will see they need to hire a good Marketing Manager and invest some funds to this area.

 

[CavaliereVerde]

@IlIlIlIlI
Do you have any info about this subject?
I think now Darwinex is a business exactly like the others, companies don't want customers to discuss their policies and their products.
Honest reviews are bad for profits.

 

[IlIlIlIlI]

@IlIlIlIlI
Do you have any info about this subject?
I think now Darwinex is a business exactly like the others, companies don't want customers to discuss their policies and their products.
Honest reviews are bad for profits.

I fully agree with you - they run their business and try to survive and feed their shareholders with profits.
Their youtube channel also is used for videos like this called "Darwinex vs Prop Accounts - The 'Real' Comparison | Ask Darwinex FAQ #11"

- I couldn't see it to the end until now (too boring 😉) and I really wonder why they run such comparisions - IMO that can't give anybody an impression of honesty by such a behaviour.
(It's also typical that they don't allow to watch it here)

I assume both Tradeslide companies are profitable meanwhile, The 2023 reporting for the Tradeslide Ventures Ltd. is still outstanding.

TRADESLIDE TRADING TECH LTD filing history - Find and update company information - GOV.UK

TRADESLIDE TRADING TECH LTD - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

Without their painful fee structure they would not be profitable (my opinion).

While most other copy trade companies gave up or closed this features (besides etoro and Zulutrade) - they survived with their comcept of selling dreams to traders and investors. So Darwinex is lucky that most competitors disappeared and the chances for traders to take profit from foreign money are poor meanwhile.

I went to the German trading fair WOT (https://www.wot-messe.de/) in November this year - what's typical for this industry is that you don't find any data about 2024 there anymore.
What was new is that the typical German investment banks (Consors, Comdirect etc.) were not present there anymore. Only brokers, and - which was new - at least 3 prop firms. FTMO was the biggest one of course.
As I watched it, there is a trend starting for traders moving away from brokers destroying their money to prop firms.
The success of DarwinexZero - the Darwinex prop firm tool - confirms this.
I'm curious about the future of this move.

 

[CavaliereVerde]

Traders movement: bullshit.
Put the money where you puth the mouth: bullshit.

While stocks are profitable as asset class (SPY, QQQ) darwins are not, that is the reason we don't have an investable index.
Their profits come excluselively from fees, so the mission is to expand the customers base with marketing.

 

[IlIlIlIlI]

Traders movement: bullshit.
Put the money where you puth the mouth: bullshit.

While stocks are profitable as asset class (SPY, QQQ) darwins are not, that is the reason we don't have an investable index.
Their profits come excluselively from fees, so the mission is to expand the customers base with marketing.

If you look at their youtube channel, their marketing is successful increasing the subsciber base to 48k subscribers.
It is slow, but it works.

 

[CavaliereVerde]

Paradigm shift, from100% R&D to 100% marketing.