Here are the results of the November 2024 edition of our seed capital allocation programme, DarwinIA SILVER and GOLD. We'll analyze the top ten DARWINs that stood out in both levels, as well as some interesting metrics about the edition.
As is our monthly tradition, let's delve into the unique insights regarding the performance of our trading community! Join us as we uncover everything related to our participants, including their returns, drawdowns, allocated seed capital, and much more:
DarwinIA SILVER is the first level of our programme, designed for traders who are beginning to build their track records. Seed capital allocations in this tier are maintained for three consecutive months and are based on the trader’s ability to generate returns over six-month periods.
7,420 traders participated in the November 2024 edition of DarwinIA SILVER, resulting in a remarkable total seed capital allocation of €44,685,000!
This pool of seed capital allocation was split among our top-performing 1,269 DARWINs, with 189 traders receiving allocation in their first month of participating in DarwinIA SILVER.
Spain, UK and Italy were the three top countries with the most participants out of a total of 92 countries that were represented during the whole edition.
In the table below, you can see the top 10 DARWINs and their final ranking in SILVER along with their month’s return, 6 months’ return, 6 months’ drawdown, allocation received, historical seed capital accumulated, and beginning date of their track record:
* To check any historical performance please search by DARWIN in the ranking.
Out of these top 10, the following DARWINs deserve special mention:
As previously seen, the highest recipient return during the month was for the DARWIN OTC with 19.41%. On the contrary, DARWIN UEKR got the lowest return with -4.17%, but still received an allocation of €30,000. The median return among all recipients was 3.34%.
Regarding the participant's return during the last 6 months, the median was 9.62%. The DARWIN HAKR got the highest 6M return with 40.03%, and the DARWIN UHDQ presented the lowest with a 6M return of 4.19%. However, UHDQ still received an allocation of €30,000 because it reached the minimum rating of 75.
In relation to the last 6 months' recipient drawdown, the median among participants was -5.54%. DARWIN YEKH got the highest 6M drawdown with a -25.69% (still getting an allocation of €30,000). On the contrary, DARWIN QRQS got the lowest drawdown with a -1.02%.
You can see the full ranking here.
DarwinIA GOLD is the second level of our programme where the top traders of the platform need to outperform the market month after month. To progress to this level, you’ll need to accrue a minimum track record of 8 months and achieve mid-term returns consistently.
Seed capital allocations in this tier are maintained for six consecutive months and only depend on the trader's current month’s return.
In the November edition, 220 traders participated in DarwinIA GOLD and a total of €6,530,000 in seed capital was allocated. Out of the total participants, 77 DARWINs received an allocation.
Spain, the UK and Canada were the three top countries with the most participants out of a total of 46 countries that were represented during the whole edition.
In the following table, you can see the top 10 DARWINs in this edition's GOLD ranking and their month’s return, seed capital allocation received, historical seed capital accumulated, and beginning date of their track record:
* To check any historical performance please search by DARWIN in the ranking.
Among the top 10 DARWINs, the following ones deserve a special mention:
As we can see, the DARWIN AOU accomplished the highest month’s return with 7.67%. On the contrary, DARWIN STVG got the lowest with a 1.73 % return, but still got an allocation of €50,000. The median return among all recipients was 3.46%.
You can see the full ranking here.
And that’s a wrap! Thank you for reading the highlights of DarwinIA SILVER and GOLD in the latest month. As always, we are immensely proud of the progress made by our traders and can’t wait to see what the next edition has in store!
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Happy trading!