Darwinex recently shared a peek into the upcoming launch of a subscription-based trading platform, Darwinex Zero. The brokerage has recently shared some details on the new platform with Finance Magnates that will allow traders to execute trades on the live market without risking any capital.

Darwinex to Launch Darwinex Zero

Darwinex Zero is targeted toward novice traders who have started to get into trading and want to test their strategies in the live markets. Additionally, the company is aiming at traders who aspire to be asset managers but localized in jurisdictions without the traditional services of Darwinex.

"Darwinex Zero makes the Darwinex Classic offering to a broader audience and reaches prospective talent from its first trade from anywhere in the world and without the need for a brokerage account," the CEO of Darwinex, Juan Colón, told Finance Magnates.

The new service will allow traders globally to trade and access seed and investor capital via a virtual trading account, without risking their own capital. However, traders must pay a monthly subscription to access the new platform.

The platform will operate very much like a prop trading platform: traders will receive access to seed capital from Darwinex, which is proprietary money of the broker and third-party investor capital.

"We will offer the same capital introduction service as we do via our existing regulated Darwinex service. Only this time, instead of depositing money and trading a live account, users will subscribe to the service paying a monthly fee and trade virtual – as opposed to demo – accounts," a Darwinex spokesperson explained to Finance Magnates.

"While both virtual and demo accounts are zero risk for the user, i.e., they can't lose their capital, the difference resides in the fact that a virtual account replicates real market conditions, which is essential for Darwinex and third-party investors to be able to allocate capital to strategies via their associated DARWINs. These strategies will be battle-tested."

The DARWIN investable indices are commercialized to third-party inventors via the Darwinex asset manager arm.

Moreover, the brokerage platform will share 15 percent of the profits generated on seed and investor capital, with the traders labeling it as performance fees.

A Service Without Boundaries

Darwinex was founded in 2012 by three entrepreneurs, Juan Colón, Javier Colón, and Miguel Ángel González. The broker is headquartered in the United Kingdom and operates with the authorization of the country's Financial Conduct Authority (FCA). Last year, it gained an operating license from the regulator in Spain that allows it to operate in the European Economic Area (EEA).

The services under Darwinex Zero will not be constrained by jurisdictional boundaries. "This is a worldwide service, so traders from Europe, USA, Japan, or Canada, to name a few, will be able to trade with Darwinex Zero," the spokesperson of the broker added.