Five conditions, all true at once.

A trader connects their Alpaca account and we read their full trade history straight from Alpaca's API. Nothing is self-reported. We hash each trade with SHA-256 and chain it to the one before it, so the record is append-only: change any past trade and every hash after it stops matching.

Every so often we stamp the chain's root hash onto the Bitcoin blockchain through OpenTimestamps. After that, no trade in the history can be edited, removed, or invented without it showing. You don't have to take our word for any of it. Anyone can re-derive the chain and check it against the same root.

Try it: open the demo trader profile and click Verify. You'll see the full trade list, the chain root, and the path from any single trade up to the anchor.

When you allocate to a trader, the money never leaves your own Alpaca account. There is no pooled fund, no custody risk, and no lock-up. You can withdraw or cut your allocation whenever you want, the same way you'd close any other position.

Sisul's role is narrow: we get limited authority to place trades in your account, just enough to mirror the trader's trades in proportion to what you've allocated. We don't move cash, we don't change who owns the account, and we have no access to your assets beyond placing those trades.

At launch the platform itself is the Registered Investment Adviser. Individual traders work as sub-advisors under that umbrella, so they don't have to register as their own RIA or hold a Series 65. Our compliance program covers them.

This is the part nobody else does. US platforms either make every manager become an RIA, which shuts out individual algo traders, or they run offshore. Neither works for a trader running a real edge on a $50K account. The sub-advisor structure does.

We're pre-license today. Getting the RIA registered, or partnering under an existing one, is the gate before live trading. Everything else, verification, onboarding, the marketplace, already runs, and is how we prove the rest works before that gate opens.

A trader earns a default 20% of the profit they make for each investor. Sisul takes a cut of that, which is how the platform makes money, and the trader keeps the rest. No monthly subscription, no fee on the capital you allocate, no fee when you lose.

Fees are high-watermark and counted per investor. You only pay on a new account high. After a drawdown the trader has to climb back to your prior high before any fee accrues again, so you never pay twice for the same gain.

SEC rules mean only accredited investors can take part at the size and risk this platform is built for. We check accreditation through a regulated third party (Parallel Markets) before any allocation goes live, and it has to be re-confirmed periodically.

In the US you're generally accredited with $1M+ in net worth (not counting your home), or $200K+ in income ($300K with a spouse) in each of the last two years.