What is a Darwin?
A Darwin is a synthetic financial asset created by Darwinex that replicates the trades of a trader’s underlying strategy in real time.
The Darwin replicates the trader’s trades, but it is Darwinex that controls the Darwin’s risk independently of what the trader does, guaranteeing a maximum target risk level of 6.5% monthly VaR at 95%. There are currently more than 3,000 Darwins listed and all are listed at the same maximum risk level.
Darwins are investable assets by any investor as they are listed in real time on the Darwinex market like any other investable asset. As alternative investments, they tend to have little correlation with conventional assets such as equities or fixed income.
What is Darwinex?
Darwinex is the commercial name used by Tradeslide Trading Tech Limited to conduct its business. It is a broker and asset manager regulated by the Financial Conduct Authority (FCA) of the United Kingdom with registration number 586466.
Important fact. Darwinex offers investors deposit protection up to £1M, instead of the default £85k covered by the UK Financial Services Compensation Scheme (FSCS).
Darwinex stands out for its technology that helps traders develop their skills and build a certified track record. Its technology goes hand in hand with the market, allowing traders to collect a 15% success fee under legal cover.
Founded in 2012, the company now employs more than 40 people between the London headquarters and the development office in Madrid.
Darwinex requires a minimum account opening balance of 500 EUR/USD/GBP, but it is possible to trade on any Darwin account from 200 EUR/USD/GBP.
Sersan Sistemas currently trades on two Darwinex accounts that are the precursors to two Darwins: SYO and OYS.