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Kestrel

Pricing

Two of these keep your money in your own name at your own broker. The third pools capital so that a small balance can compound at all. Which one fits depends on how much you are starting with.

Demo

Free
No card, no expiry

The full system on a demo brokerage account with simulated money. Watch it place trades and manage them before anything real is involved.

  • Stops automatically after 12 hours
  • Maximum 2 trades per day
  • Demo brokerage account only
  • All risk controls available
  • Restart any time, unlimited
Start on demo
Most chosen

Managed

$39
per month · or $390/year

The system trades your own brokerage account, in your name. We can place and manage trades; we cannot withdraw. You keep every other right over the account.

  • Your money stays at your own broker
  • No performance fee — flat subscription
  • Unlimited trades
  • Risk per trade, position and daily caps
  • Pause or disconnect instantly
  • Cancel any time
See requirements

Pooled

From $0.50
5% of profit · no subscription

Capital is pooled and traded as one book, so a small balance gets the same execution as a large one. You are charged only when you are ahead.

  • 5% performance fee, profit only
  • High-water mark — never charged twice for the same recovery
  • No monthly fee
  • $0.50 minimum deposit — the same book as every other holder
  • $10 minimum withdrawal
  • Withdrawals reviewed manually before payout
  • Deposit and withdrawal fees apply
How pooling works

Side by side

 DemoManagedPooled
Who holds the moneyYou (demo funds)You, at your brokerPooled account
CostFree$39/mo5% of profit
Minimum to startBroker's minimum$0.50
Charged when you loseYes — subscription is flat
Withdraw whenever you likeAbove $10
Trade limit2/dayNoneNone
Runs unattended12h at a time

The questions worth asking

Can I lose money?

Yes. In our own testing roughly one year in five ended below where it started, and the median run gave back 24% from a peak before recovering. Nothing here removes that.

What happens in a losing year?

On the pooled plan you pay no performance fee — the high-water mark means you are not charged again until the account is back above its previous peak. On the managed plan the subscription is flat, so it is charged regardless. That is the honest trade-off between the two.

Can I really start with $0.50?

Yes, and it buys units at the same value per unit a large deposit buys them at, on the same trades. What it does not do is make you money worth noticing — and sending it costs you roughly a dollar in blockchain fees, more than the deposit itself. The floor is that low so you can test the whole process with your own money before committing anything you would miss, not because $0.50 is a sensible amount to trade with.

Why is there a $10 minimum withdrawal?

Each payout is processed and checked by a person. Below $10 the handling cost exceeds the amount being sent. It is an operational floor, not a lock-in: your balance is yours, and it can be withdrawn in full the moment it clears that figure.

Who can move money out of my account?

On the managed plan, only you. The connection places and manages trades and cannot initiate a withdrawal. On the pooled plan, funds sit in the operator’s trading account and are returned through the manual withdrawal process described in the terms.

Are these returns guaranteed?

No, and anyone offering a guaranteed return on leveraged trading is describing something that does not exist. Every figure we publish is a distribution with a bad case shown next to the good one.

Why is the performance fee only 5%?

Because it is charged on profit only, against a high-water mark, and we would rather be paid when the strategy works than take a fixed cut regardless. It is stated everywhere it applies, including inside every figure published on this site.

Not sure which fits? Put your number into the calculator — it shows the bad case, the typical case and the good case together.