IlIlIlIlI
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Correct. And you have to pay fees if you wire only $ 500, so take one Cent moreIn other words, I'd like to copy my prop account trades to a Darwinex account, via socialtradertools or similar, using the balance multiplier to scale the lot size down to the minimim Darwinex account size, which I think is $500.
If you want to attract investorsand share the DarwinIA game, you should wire more than $ 1,000. DarwinIA is a hypothetical investor if you win a prize, and the conditions will be the same as on DarwinexZero in future.Obviously I'd only make pennies from trading that on its own, but if it attracted investors and the performance fee then it might be worth it. However I don't know if the potential additional return from investors is related to account size, or is it strictly based on percentage? Indeed, I may have completely misunderstood how Darwinex works!
For expecting investors you should be patient, there might be some early investors, but as I watched it, they are very nervous if you have a drawdown and leave very soon.
The main difference to a typical copy trading service and a Darwin is the so called VaR which reduces or increases the performance of your Darwin depending on the margin not used for trading. Investors can only invest in a Darwin, not your account.
The execution is made on LMAX or on SAXO depending on the assets you trade.
Slippage is called divergence at Darwinex, and you can have a positive or negative one mostly depending on the time when you execute your trades.
That mainly depends on the speed of your trade copier and where it is running (Server/Home Computer).Are people happy with the trading conditions they provide? The ones at my prop are excellent as they have their own liquidity provider, and I don't want to be surprised with delays, huge spreads, slippage etc. when copying. I guess the answer is to open an account and see for myself...
At the end it is only your decision, whether you can be happy with such a construction and Darwinex, after you tried it.