The DeltaTrader Program encourages real traders around the world to trade with Amana, showcase their trading capabilities and get the chance to manage $1,000,000 allocated by 514 Capital Partners.
What Should You Do?
If you’re an existing or new trader with Amana with a growth mindset, then this program is definitely for you. All you need to do is to fund your trading account with $1,000 and demonstrate a superior trading proficiency during a period of 3 months.
At the end of the cycle, Amana and 514 Capital Partners will select the top 10 traders who have met the trading performance. Each trader will be allocated with $100,000 to manage and receive 20% of the profits.
The DeltaTrader Program offers you access to an advanced Dashboard, that allows you to track your trades on the go and monitor your performance hour by hour, so you adjust your trading and make the best out of the market’s different movements.
Percentage Winning Trades
* In order to qualify, your trades should be at least 45% profitable.
* In order to qualify, your profit factor needs to exceed 1.5.
Average Win / Average Loss
* In order to qualify, your average winning trade should be 1.5 times larger than your average losing trade.
Number of Total Trades
* To qualify for evaluation, you should have traded at least 100 times.
Use your account number and investor password to join the program.
If you don’t know your investor password, please login to the MetaTrader through desktop.
Once logged in, go to tools, options, server, then fill the respective fields in the “Change Password” Popup
Request Additional Account
Terms and Conditions: Delta Trader Programme
By click wrapping the attached link, you are indicating your wish to compete for a place in the Delta Trading Programme (“Programme”) arranged by Amana Capital Group and operated by our affiliate, 514 Capital Partners LLC, subject to the following Terms & Conditions (“Terms”).
Competition for a place in the Programme
In these Terms the following expressions shall have the meanings set out below:
514 Capital Partners LLC of 161a Shedden Road, Grand Cayman KY 1-1001, registered with the Cayman Island Monetary Authority (CIMA) with registration number is 661695, and a member of 180 Capital.
Your Amana trading account(s) registered for the purposes of the Competition with Amana or another member of the Amana Group.
Amana, its subsidiary undertakings (as defined in section 1162 Companies Act 2006) and any company under common control with Amana including but not limited to Amana Financial Services (UK) Limited, Amana Financial Services (Dubai) Limited, Amana Capital Ltd, AFS Global, ACGI International, and Amana Capital SAL.
The quarterly competition as described more fully in these Terms, operated by Amana for places in the Programme.
The evaluation date of this round will be on 13 August 2020, however if this date falls on a weekend or a public holiday, the evaluation date will be pushed towards the first following business day.
Initial Commencement Date
13 May 2020
The later of the Initial Commencement Date or the date on which you joined the Competition, subject to compliance with these Terms.
$1,000 or equivalent in another currency, held in your Amana trading account, or such other sum set by Amana from time to time.
Eligibility of Competition
To participate in the Competition, all traders must register via www.amanacapital.com.
In order to be eligible to participate in the Competition, at all times you (or “Participant”) must be an approved Amana customer, holding and retaining at least the Minimum Balance in your Account.
You may be disqualified from the Competition if a withdrawal is made which brings you below the Minimum Balance, but will be permitted to continue to participate if the balance falls due to trading losses only.
Eligibility to enter Programme
In order to be eligible to enter into the Programme, you must have executed a minimum of 100 trades since Joining Date and have retained at least the Minimum Balance in your Account.
You will also be required since the Joining Date to have recorded:
an overall profit factor ≥ 1.5 at the Evaluation Date, calculated by dividing the sum generated on all profitable trades by the absolute value of all loss-making trades executed on your Account;
a winning trade ratio ≥ 45% at the Evaluation Date, calculated by dividing the total number of profitable trades by the total number of trades executed on your Account; and
an average profit trade vs. average loss ≥ 1.5 times at the Evaluation Date, calculated by dividing the average profit made on trades by the average loss in respect of trades executed on your Account
At the end of day on each Evaluation Date, 514 CP will select up to ten Participants, who have met the criteria set out at Clause 3.2 & Clause 3.1 above or such other criteria as Amana may from time to time set in its absolute discretion (“Criteria”). In the event that more than ten Participants meet the Criteria, 514 CP will select the top ten performing Participants, based on a weighted average score of the various Criteria. Each such selected Participant (irrespective of the total number) shall be referred to thenceforth as a “Top Ten Delta Trader” and subject to Amana’s and 514 CP’s absolute discretion, shall be invited to participate in the Programme. 514 CP reserves the right to reject any Top Ten Delta Trader from the Competition at any time.
Each Participant will receive access to a dashboard supplied by Amana Capital to track their real-time performance including all evaluation metrics.
Whilst 514 CP will use the metrics indicated on the dashboard, in order to assess which Participants should be considered Top Ten Delta Traders, 514 CP reserves the right to exercise its discretion in selecting which Participants to select as Top Ten Delta Traders and may select or deselect Participants regardless of financial performance.
A Participant may participate in the Competition using more than one trading account. However, in the event that any single Participant operates more than one top ten ranking account that Participant shall only be eligible to be considered a Top Ten Delta Trader on one occasion and shall be capped to trading USD 100,000.
A Participant may opt out from the Competition at any-time. However, the withdrawing Participant may not re-enter the Programme with the same trading account.
Following the conclusion of each Evaluation Date, Amana will make reasonable efforts to contact Participants, qualifying as Top Ten Delta Traders, but if the traders cannot be contacted, or are unable to comply with these Terms, 514 CP reserves the right to appoint the next eligible entrant(s) as a Top Ten Delta Trader.
The Programme will be operated by 514 CP.
If you are selected to enter the Programme, you will form part of an elite group of up to ten Amana customers who will be eligible (subject to approval by Amana and 514 CP) to trade individually a notional amount of USD 100,000 and collectively a notional amount of up to USD 1,000,000 of 514 CP’s proprietary capital.
Participants who are selected as Top Ten Delta Traders agree to the use of their name, photograph, and disclosure of country of residence and will co-operate with any other reasonable publicity requests by Amana Capital or 514 CP.
Participants who are selected as Top Ten Delta Traders will be required to enter into a separate agreement (“Programme Agreement”) with 514 CP prior to being permitted to enter the Programme. In the event of any conflict between these Terms and the Programme Agreement, the Program Agreement will govern.
Employees (and family members of employees) of Amana Capital and 514 CP and any other company associated with the Programme are not eligible to enter the Competition.
All trades must be made directly by the actual Participant registered in the Competition and not by any substitute.
Where applicable, the decision of Amana and / or 514 CP is final and is based on the criteria set out in the promotion, and no correspondence will be entered into over this decision. This Competition may be modified or withdrawn at any time.