Frequently Asked Questions

 

You can start with a minimum investment of €500, which will require a CENT account with your chosen broker.

A CENT account allows you to trade with lot sizes smaller than 0.01. For example, a €500 deposit will show as 50,000 EURO Cents on your account.

Please note that not every broker offers a CENT account, as brokers primarily earn through commissions based on lot size, there is very little benefit to them to support CENT accounts.

Unfortunately, this isn't possible due to their specific rules.

Prop firms often have maximum drawdown restrictions, which our algorithm might exceed over time.

Even if our algorithm stays within the drawdown limit, prop firms typically have additional lot size rules to prevent the use of algorithms.

Prop firms primarily earn revenue from fees collected in failed challenges. Although a few traders may become profitable, these firms can offset their payouts with the income from these failed challenges. In the long term, even funded traders are likely to lose their accounts.

It may seem that prop firms offer a great solution. However, statistics show that 99% of participants fail the challenges. Of the 1% who pass, only 30% reach their first payout.

This is why there are so many prop firms being advertised – it's a profitable business model for them.

Be careful, and only invest what you can afford.

This is a simple process for both beginners and expert traders.

After subscribing, you'll find a training section on your Trading Algorithm dashboard. Here, detailed step-by-step videos will guide you through the algorithm's installation. In addition to this, our dedicated support team is always on standby to help with any questions or concerns you might encounter during the setup.

The software is currently optimised for Meta Trader 4, as it is the most commonly used forex trading platform and offers greater stability when compared to MetaTrader 5 (MT5).

We do not currently have a Meta Trader 5 compatible version. However, our software developers are working on this, and we will have a solution in place prior to MT4 being discontinued.

You will need to set a leverage of 1:200 with your broker account. Our tutorial videos will guide you through how to set this up correctly.

The average drawdown is around 1-3% daily.

Our software has a built-in risk management strategy, with a maximum drawdown level set at 40%, to protect your account in case of severe market fluctuations.

It is very important for us to have this pre-defined stop-out to protect our community's trading accounts.

You won't be transferring your funds to us. You maintain control of your funds with the broker you trust and choose to go with.

You can deposit additional funds at any time. Our software will detect the increased balance and adjust the lot size automatically.

You can also withdraw your money/profits at any time, whether it's monthly, every two weeks or even more frequent. However, if you're looking to withdraw a substantial amount, such as 50% of your account, we recommend to activate the 'hedge mode' button on the software before proceeding with the larger withdrawal.

The 'hedge mode' function of the software will focus on managing only current open positions, it won't initiate entirely new setups, but will open new trades as required to close the open positions positively. Once all positions are closed, you can proceed with the larger withdrawal.
 

The broker choice is up to you.

Based on our personal experience, we highly recommend the broker that we use and have successfully used for years of live trading, RoboForex.

For our community members based in: Canada, Spain, Belgium, New Zealand and Cyprus, PuPrime would be our suggestion.

Both brokers have been chosen specifically as they have competitive spreads, low fees and low commission. Our software has been tested to work seamlessly with them.

Please note that using a European broker is not possible with our software. Due to the ESMA regulation implemented in 2018, European brokers can only offer a maximum leverage of 1:30, and our software requires a leverage of 1:200. Therefore, you need to choose a non-European broker.

We don't currently have a free trial version for this programme.

There is a 1-month minimum contract length that you can cancel at any time.

You can test the software on a demo account with no financial risk other than the subscription fee.

Bear in mind, that due to our lucrative referral programme; you only need to refer this programme to 6 people at 20% recurring commission, to pay back your subscription fee and get access to the trading software for free.

From your subscription, you will have access to 1 copy of the software licence. If you want to test the software on a demo account first, and then switch over to a live account, that's no problem at all.

Our tutorial videos will guide you through the account number changes from demo to live.

Unfortunately, our software isn't compatible with smartphones or tablets.

Installation will require the use of a PC/Laptop due to the processing requirements from the AI. You can leave the software running on your personal PC/Laptop or set it up on a server.

We have videos to guide you through this process on the Trading Algorithm dashboard.

Our software has performed exceptionally well during 8+ years of back testing. Through events such as; major elections, Brexit, a global pandemic and war.

With this link you can view the back test in detail from 2015 to 2022, you will notice a larger drawdown for one significant event, but in the end, it was closed profitably.

Visit our representative, Thomas Hassett's profile for a live track record on the latest version of our software. The latest updates, with the addition of new currency pairs, has allowed us to reduce the maximum experienced drawdown significantly.
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