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Darwinex Introduces D-Zero a Virtual Account with Zero Risk

Darwinex, a pioneering online brokerage firm, has launched D-Zero, a monthly subscription service that enables traders to build their track record and raise investor capital from a virtual trading account, with zero risk.

Darwinex
Darwinex

D-Zero provides users with a virtual trading account that can be used to attract investment to their trading strategy. If a profit is generated on the investments, the user will receive 15% of that profit as a reward for their skills.

Signing up for D-Zero is a straightforward and quick process, made easier by the virtual account setup. Interested individuals can sign up by clicking on any of the numerous ‘Get Started’ or ‘Sign up’ buttons on the Darwinex Zero website, which will bring them to the beginning of the registration process.

  • The registration process involves providing personal details and choosing the type of virtual trading account, either Forex & CFDs on MT5 or Forex & CFDs on MT4. After choosing the account and checking the Terms & Conditions, the user needs to fill out the complete form, make the payment, verify their D-Zero account, and set their passwords. The user will then receive login and password details for their MetaTrader MT4 or MT5 account.
  • The D-Zero journey begins with Stage 0, the ‘Training Stage’. During this phase, users need to trade in their virtual accounts in the same way they would normally trade. Darwinex asks users to accrue a number of trading decisions over a minimum of 10 trading days, allowing the risk engine to analyze their trading style and perform an initial assessment of how they manage risk so that it can calibrate accordingly.
  • The trades placed in the signal account produce trading signals that are then analyzed by the Darwinex risk engine. The engine generates the user’s DARWIN Index, which is based on their trades but with an adjusted level of risk, making it comparable with all other DARWINs on the platform.
  • Once both the DARWIN and risk management criteria reach 100%, the training stage is complete, and the user’s DARWIN Index can be created. The DARWIN Ticker, unique to each user, is then allocated, and the user can see their progress towards their DARWIN being created on the platform.

Following this, the user can give Darwinex permission to read and copy their trades, which will underpin their DARWIN Index. The user will participate in Darwinex’s monthly Seed Capital Allocation Programme, DarwinIA, where traders participate to get capital allocations. These allocations are considered as Darwinex investing in the user and their trading talent.

The sign-up fee for D-Zero is €95, which is higher than the subsequent ongoing monthly subscription costs of €38. The sign-up fee includes the Darwinex Zero account, the user’s trading platform of choice throughout the whole duration of the training stage, and the first month’s participation in DarwinIA SILVER.

For more information visit Darwinex’s official website www.darwinex.com

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IG Group Appoints NatWest Group Adam Wheelwright CTO

Wheelwright boasts prior experience with UKHSA, Nomura, Dresdner Kleinwort, and UBS. The executive’s hiring follows IG Group’s agreement to purchase Small Exchange.

IG Group Appoints Group Adam Wheelwright CTO
IG Group Appoints Group Adam Wheelwright CTO

London-based spread betting and CFD trading provider, IG Group, has enlisted Adam Wheelwright, formerly a Managing Director at NatWest Group, as its Chief Technology Officer. The company aims to accelerate its innovation initiatives with Wheelwright’s appointment.

In a Tuesday statement, IG Group mentioned that Wheelwright will assume his new role on April 17, 2023, and will be stationed at the firm’s London office. The seasoned executive brings nearly 30 years of financial industry experience to the position.

Wheelwright’s appointment comes on the heels of IG Group’s announcement that it will acquire Small Exchange in order to broaden its US offerings and utilize the Chicago-based futures exchange’s trading technology.

Prior to joining IG Group, Wheelwright held the position of Chief Information Officer for the National Health Service (NHS) Test and Trace team, a government-funded service that eventually became part of the UK Health Security Agency (UKHSA). During his tenure, he played a pivotal role in “the design, delivery, and evolution of all technological solutions supporting the nation’s pandemic response,” according to IG Group.

For more information about the broker visit their official webpage – iggroup.com

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InterTrader Appoints Joe Rundle, Former Capital.com Executive, as New CEO

Joe Rundle brings over 20 years of experience in the financial industry, having held key roles at notable forex and CFDs brands like ThinkMarkets, OvalX, and Markets.com. His expertise spans trading, partnerships, and growth strategies, making him a valuable asset in the financial sector.

Intertrader Appoints Joe Rundle, Former Capital.com Executive, as New CEO
InterTrader Appoints Joe Rundle as New CEO

InterTrader, a provider of spread betting and CFDs services, has appointed Joe Rundle, former Chief of Staff at Capital.com, as their new Chief Executive Officer. Rundle is set to assume the position in early April and brings over two decades of industry experience.

Rundle joined Capital.com over a year ago, taking on a Cyprus-based role that led the brokerage firm’s growth and diversification strategy. He has also been running a proprietary trading business, TradeOurCapital, since last year. Before joining Capital.com, Rundle held positions at prominent forex and CFDs brands like ThinkMarkets, OvalX, and Markets.com.

In his new role at InterTrader, Rundle aims to expand the company’s offerings beyond CFDs and spread betting to cater to a broader range of client’s financial needs. He plans to prioritize customer-centric multi-asset and multi-product solutions with a strong focus on regulation and responsibility.

Rundle’s extensive background includes stints as Director of Trading and Partnerships at both ThinkMarkets and OvalX, as well as heading CFDs and execution at OvalX for six years. His career began in 2001 as a trader at Saxon Financial, a proprietary trading firm.

To learn more about the broker, visit their official website- www.intertrader.com