Indeed, and I hope Darwinex does not only target europeans with cheap SEPA wire fees. The rest of the worldwide clientele will care. Even in Europe, there are still countries whose bank unruly apply very high fees even to SEPA transfers.
I am selling a file on offshore banking comparing 60 banks of 20 countries
Ask a baltic resident for instance, within Europe/EEA, he sometimes pays 45 € for a random SEPA transfer.
This last one is the price structure again for a wire from one of the largest russian bank based in Cyprus
The x % fees for card processing fees supported by Darwinex needs to be put into perspective against the generated commissions missed from potential investors or traders with a snowball effect (traders eventually leading to Darwins and investors). A business plan is olus against minus
Also bear in mind the competitors. United Signals with FXCM will accept cards undefinitely (not sure about Saxo)
If I am a system developper which runs a strategy at Darwinex and also elsewhere and an investor from Russia comes to me, supporting the same type of fees for funding account than Andorra, and tells that he believes it's so-so financially viable at Dwx as a recurrent investment. Should I let him go : what should I say ?
For a trading account, a single deposit of xK of capital is no problem to eventually retrieve the fees. But on investments it can become more problematic (reminder : you have less control from a Darwin on leverage etc, than on your own trading account, etc)
It becomes pure maths. Is a 5% DD starter worth a 5% per yr investment, hypothetical 10%, 15%, 20% ? Every customer will have it's own idea.