Darwinex Has Been Granted a CNMV License In Spain

Darwinex, a broker and asset manager established in the United Kingdom and Spain, has announced that it has secured a license from the Comisión Nacional de Mercados de Valores (CNMV) in Spain to operate throughout the nation and the rest of the European Economic Area.

The CNMV license supplements the one received earlier by the firm from the UK's Financial Conduct Authority (FCA), which has enabled the company to operate since 2014.

Darwinex is a fintech company that converts trading methods into investable indices that are available to thousands of investors. The Darwinex platform offers the infrastructure required for traders to trade and attract investment, while also providing investors with an alternative product that does not need middlemen or institutional fees.

Darwinex includes a risk engine that tracks investor risk independently of trader risk and equalizes the risk of all investable strategies. Fintech has over 170,000 customers in 75 countries and manages over 80 million euros.

Darwinex, which was founded in 2012, has offices in London and Madrid and employs around 60 employees. So far, the firm has completed three rounds of expansion capital, totaling 9 million euros. Stefan Jaeklin, former Global Head of Asset Management at Oliver Wyman, Ignacio Sánchez-Asian, former CEO of Kutxabank, and Illimar Mattus, Co-founder of Pinorena Capital, are among its owners.

About CNMV

Concerning the CNMV (Comisión Nacional del Mercado de Valores),

The National Securities Market Commission (CNMV) is the agency in charge of overseeing and inspecting the activities of all persons participating in the Spanish securities markets. The Securities Market Law 24/1988 established the CNMV, which marked a comprehensive reform of this section of the Spanish financial system; since then, its regime has been revised to adapt to the growth of financial markets and to adopt new safeguards to protect investors. The CNMV's mission is to maintain the openness of Spanish securities markets, the right creation of prices, and investor protection.

About Darwinex

Darwinex was founded in 2012 as Tradeslide Trading Tech Limited. The firm is situated in London and is approved and regulated by the United Kingdom's Financial Conduct Authority (FCA).

In recent years, the broker has expanded rapidly, with over 40 staff servicing over 3,000 customers in 80 countries. Following the success of their alpha asset, the DARWIN, the broker quadrupled its revenue in 2017. (Dynamic and Risk-Weighted Investments).

Darwinex also provides forex, indices, commodities, US equities, and cryptocurrency trading using DMA platforms such as MT4 and MT5, as well as FIX API technologies.

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