Here are the results of the January 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 that are 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.
5,157 traders participated in the January 2024 edition of DarwinIA SILVER resulting in a whopping total of seed capital allocation of €25,020,000!
This pool of seed capital allocation was split among our top performing 745 DARWINs, with 123 traders receiving allocation in their first month of participating in DarwinIA SILVER.
The three most active countries in this January 2024 edition of DarwinIA SILVER were Spain, UK and the US with a higher active total of participants than the other 97 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 month’s return, 6 month’s drawdown, the 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.
Out of these top 10, the following DARWINs deserve special mention:
- SLCF as the winner with a rating of 97.50
- EOIF as the best debutant (finished fourth in its first participation)
- JXC with the best return in the month (27.79%)
- JCRA with the best streak (8 consecutive allocations since June 2023)
As previously seen, the highest recipient return during the month was for the DARWIN JXC with 27.79% in February. On the contrary, DARWIN JEW got the lowest return with -3.18%, but still received an allocation of €30,000. The median return in January among all recipients was 3.54%.
Regarding the recipient's return during the last 6 months, the median was 9.81%. The DARWIN DVI got the highest 6M return with 36.87%, and the DARWIN HCXT presented the lowest with a 6M return of 3.91%. However, HCXT 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 -5.46%. DARWIN QKRF got the highest 6M drawdown with a -20.92% (still getting an allocation of €30,000). On the contrary, DARWIN BYA, got the lowest drawdown with a -1.27%.
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 January edition, 156 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 38 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 January and their month’s return, the seed capital 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.
Among the top 10 DARWINs, the following ones deserve a special mention:
- QLQ as the winner with a return of 8.31%
- AIK as the best debutant (finished third in its first participation).
- GOP with the biggest assignment (€900,000 accumulated)
- WEB with the best streak (5 consecutive allocations since September 2023)
As we can see, the DARWIN QLQ accomplished the highest month’s return with 8.31% in January 2024. On the contrary, DARWIN UCL got the lowest with a 1.00% return, but still got an allocation of €50,000. The median return among all recipients was 2.70%.
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!