Here are the results of the February 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, the allocated seed capital, and much more.
DarwinIA SILVER Breakdown
DarwinIA SILVER is the first level of our programme where the traders starting to build their track record begin.
Seed capital allocations in this tier are maintained for three consecutive months and are based on the trader’s ability to generate returns over 6 month periods.
5,655 traders participated in the February 2024 edition of DarwinIA SILVER resulting in a whopping total of seed capital allocation of €35,740,000!
This pool of seed capital allocation was split among our top-performing 985 DARWINs, with 211 traders receiving allocation in their first month of participating in DarwinIA SILVER.
The three most active countries in this February 2024 edition of DarwinIA SILVER were Spain, the UK and the US with a higher active total of participants than the other 96 countries present in this 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, the allocation received, their historical seed capital accumulated, and the 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:
- PRMT as the winner with a rating of 97.65
- ZRXG as the best debutant (finished fifth in its first participation).
- IQFI with the best return in the month (33.03%)
- FRYC with the best streak (8 consecutive allocations since July 2023)
As previously seen, the highest recipient return during the month was for the DARWIN IQFI with 33.03% in February. On the contrary, DARWIN MFQ got the lowest return with -3.37%, but still received an allocation of €30,000. The median return in February among all recipients was 3.48%.
Regarding the recipient's return during the last 6 months , the median was 10%. The DARWIN OLRE got the highest 6M return with a 41.69%, and the DARWIN HUMR presented the lowest with a 6M return of 4.02%. However, HUMR 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 -5.52%. DARWIN QKRF got the highest 6M drawdown with a -20.92% (still getting an allocation of €30,000). On the contrary, DARWIN XAVW, got the lowest drawdown with a -1.03%.
You can see the full ranking here.
DarwinIA GOLD Breakdown
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 February edition, 141 traders participated in DarwinIA GOLD and a total of €4,725,000 in seed capital was allocated. Out of the total participants, 50 DARWINs received an allocation.
Spain, the UK and Germany were the three top countries with the most participants out of a total of 33 countries that were represented during the whole edition.
In the following table, you can see the top 10 DARWINs in the final ranking of GOLD in February and their month’s return, the seed capital allocation received, their historial seed capital accumulated, and the 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:
- UZJ as the winner with a return of 8.96%
- FUU as the best debutant (finished second in its first participation).
- WEB with the biggest assignment (€900,000 accumulated)
- CKV with the best streak (5 consecutive allocations since October 2023)
As we can see, the DARWIN UZJ accomplished the highest month’s return with a 8.96% in February 2024. On the contrary, DARWIN ZKIY got the lowest with a 1.63% return, but still got an allocation of €50,000. The median return among all recipients was 2.80%.
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!