Capital Raising
DarwinIA Allocation
Up to €10 M notional capital allocated to the best DARWINs every month.
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€10 M
each month
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6
months' duration
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150
DARWINs each month
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15%
Performance Fees
What is DarwinIA?
DarwinIA is our monthly capital allocation. We allocate up to € 10M notional to 150 DARWINs every month. We maintain the allocation during 6 consecutive months to incentivize them to trade on the long run.
We pay 15% in performance fees on the profits generated during the 6 months * € 10M = € 60M allocated to DARWINs.
Performance fees are paid out quarterly on a High-Water Mark basis. Allocations are cumulative, the same DARWIN can receive allocation in different months.
Why DarwinIA?
We created DarwinIA with the aim to incentivize responsible trading among our traders. As opposed to other trading contests, in DarwinIA prizes are meant to to be given to traders able to deliver consistent returns on the medium term.
D-Score being the most important factor for determining winners, the influence of luck is reduced, enabling allocations to strategies with solid fundamentals for generating returns in the medium term.
Prize format
The first 150 DARWINs in each month's final ranking receive a capital allocation which is a multiple of the equity in their trading account, with a maximum for each leaderboard position.
For example, the DARWIN in the first position receives an allocation 36 times the equity on the underlying trading account with a maximum of € 500,000; the DARWIN in the second position receives an allocation 35 times the equity with a maximum of € 400,000 and so on.
Classification Criteria
The final ranking depends on three factors:
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D-Score
Global rating calculated by our algorithms based on the DARWIN's last 9-18 months.
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Return
Takes into account return obtained by the DARWIN during the month of the competition.
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Regularity
Compares the DARWINs monthly activity with the average from the previous three months.
Who can participate?
What you need to participate in DarwinIA
Live Darwinex trading account with a DARWIN created on top of it.
Have less than 0.8 correlation with other DARWINs that have a better D-Score than yours (or less than 0.5 with your other DARWINs if you have more than one).
Your DARWIN should be open to investment and have a monthly divergence better than -0.5%.
Migrate Your Track Record to Darwinex
We know that a good track record can take years to perfect. If you hold an MT4 account with another broker, you can import your track record into a Darwinex real account and not have to begin from scratch.
Thousands of traders have already linked their accounts to our platform for a free diagnostic. Click on the link below to upload your track record.
