darwin discussion

Quoting pipmaster77

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{quote} Yes, CFDs are $5 round trip per standard.....I have 2 CFD and 1 futures account with them.

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Quoting sampat

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{quote} it is actually 24.2$ per lot. {image}

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Quoting pipmaster77

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{quote} I believe 0.1 is actual considered a standard lot in gold as it is $10 per $1 of price movement, where as 1.0 is a standard lot on forex. I just looked at one of my reports, I traded 0.4 xauusd and made $600 on a $15 move and I paid $4.47 per side, so I'm thinking it's actually $2.42 per lot. Unless a standard lot of gold is $100 per $1 of price movement in which case I stand corrected. So whwre 0.1 on a forex pair is $1 per pip and 1.0 is $10 per pip, gold is $1 per 0.01 and $10 per 0.1

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Quoting sampat

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{quote} Nope This is 5ers 0.1 lot costs around 0.86$ where as on darwinex 0.01 (1/10th) cost 0.24$. Any good CFD broker charge around 4 to 7$ per standard lot which is 24.2 on darwin plus their spread are like 0.1 to 0.2 max here it is 0.8 to 1.1. It reminds me forex.com and oanda spreads. Standard lot in future and CFD is same so future is way more cost effective for darwin. {image}

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Quoting sampat

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{quote} Nope This is 5ers 0.1 lot costs around 0.86$ where as on darwinex 0.01 (1/10th) cost 0.24$. Any good CFD broker charge around 4 to 7$ per standard lot which is 24.2 on darwin plus their spread are like 0.1 to 0.2 max here it is 0.8 to 1.1. It reminds me forex.com and oanda spreads. Standard lot in future and CFD is same so future is way more cost effective for darwin.

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Quoting hayseed

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{quote} //----- hey sampat..... i have been trying to follow yall's math...... can you reduce it some for me if you have time..... if using the exact same lot size, suppose the xauusd moved 100 full points..... like from 4800.00 to 4900.00 .... what would be the 5fers profit and the darwin profit....... only if you have the spare time...... thanks......h

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Quoting sampat

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{quote} 0.1 lot will give 1k profit 1 lot will give 10k profit

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Quoting hayseed

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{quote} //---- thanks for the reply....... so what would be the darwin commission on the 10k profit..... and what would be the 5fers commission on the same 10k..... thanks.....h

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Quoting sampat

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{quote} 24.2$ with 0.80 to 1.11 pip spread (=80 to 110$ one way) on Darwinex zero 8.6$ with 0.20 to 0.3 pip spread (=20 to 30$ one way) on 5ers.

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Quoting hayseed

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this referring to darwinex zero futures only..... it appears my commission rates are 5, 6 or 8$ depending on what's traded....... i seldom trade gold or silver because the margin required is so high vs the expected return..... and of course the risk..... the commissions are 6$ per contract..... ym, es, nq, rty run 8$....... if i sort my trades by commissions, my maximum ever was 24$ ...... 3 rty contracts...... currencies, 6e, 6b, 6y and such run 5$...... way over 90% of my trades will be 1 contract..... the exception is when margin required is...

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Quoting hayseed

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just noticed the investor capital went up...... maybe 8k each in accounts with investor tab..... will monitor it from now on, for info only...... some accounts still have none......

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Quoting sampat

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{quote} Nope This is 5ers 0.1 lot costs around 0.86$ where as on darwinex 0.01 (1/10th) cost 0.24$. Any good CFD broker charge around 4 to 7$ per standard lot which is 24.2 on darwin plus their spread are like 0.1 to 0.2 max here it is 0.8 to 1.1. It reminds me forex.com and oanda spreads. Standard lot in future and CFD is same so future is way more cost effective for darwin. {image}

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Quoting Stoneyrocks

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{quote} is this only for Gold that there is such a big difference between CFD’s and futures ?

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Quoting hayseed

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{quote} //----- that's correct..... 400k total boosters and 1 permanent allocation..... silver allocations don't count..... the minimum time required is 2 days...... such as, if you buy the permanent and a 200k the 30th of this month and another 200k a few days later on 2nd of january, you can be maxed out in just a couple days in the same week...... the more at stake, the harder i tend to work.....h

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Quoting hayseed

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{quote} //----- it appears the once per month purchase limit is no longer in effect...... was going to try and max out funding over the next few days in the steps mentioned above..... bought the first 6 month 200k booster in a account only a month old yesterday...... now noticed it appears i am able to buy another today...... maybe even yesterday.... if so, they need to offer the 500k in a single purchase...... fwiw, immediately got first investor , 20k....... don't underestimate the risk multiplier effect.... in a account with a risk of 2, a 200k...

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Quoting pipmaster77

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{quote} I am still trying to wrap my head around how you have investors without being Gold? There is an index Darwin invests in to hedge the PF they pay on their own seed allocations, but we are not paid on that..... Is that perhaps what you are seeing or are you earning PF on this investor funding?

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