152-160 City Road London, EC1V 2NX info@algointernational.com +44 207 856 0414

FAQ

You will need to get an account with one of our preferred brokers once you have done this we will install our robots on your account and they will start to buy and sell currencies.

We handle: The trading robots, charging of fees and customer support in relation to the trading robots.

The broker handles: Everything that has to do with depositing, keeping and withdrawing money. 

We are here to help so give us a call or chat with us if you have any questions. 

The international currency market is a market in which participants from around the world buy and sell different currencies. Participants include banks, corporations, central banks, investment management firms, hedge funds, retail forex brokers, and investors.

Forex brokers are firms that provide currency traders with access to a trading platform that allows them to buy and sell foreign currencies. A currency trading broker, also known as a retail forex broker, or forex broker, handles a very small portion of the volume of the overall foreign exchange market. Currency traders use these brokers to access the 24-hour currency market.

Forex brokers are compensated in two ways; firstly, through the bid-ask spread of a currency pair. For example, a retail forex broker may buy euros for 1.2010 U.S. dollars and, at the same time sell euros for 1.2015 U.S. dollars. The spread in this case is $0.0010 or 10 pips. Secondly, brokers will often charge a fee per transaction. Competition in the forex broker has increased in the last five years, which has seen many offer free or very small transaction costs.

Forex brokers will allow customers to trade all major currency pairs; EUR/USD, GBP/USD, USD/JPY, and USD/CHF as well as the remaining g10 currencies and all the cross rates. Most brokers will allow customers to trade emerging market currencies. Before trading a forex broker will require customers to deposit money into their account as collateral. However, through leverage customers can trade larger amounts than what is deposited in their account.

We have one main forex broker that we use for most of our clients and that is IC Markets. For US and Canadian clients we use FXChoice. We have chosen these due to their good reputation and security of funds.

We have a win/win philosophy when it comes to fees. We only charge fees when we have made you money so it is a performance-based fee only.

We have divided our performance fees into two, 1 set monthly fee and one variable depending on your invested capital. Please look here for our current performance fees.

A forex trading robot is a computer program based on a set of trading signals/rules that helps determine whether to buy or sell a currency pair at a given point in time. Trading robots are designed to remove the psychological element of trading, which can be detrimental.

Automated trading robots open and close the trades fully by itself so there is no human intervention. Automated Trading robots are also a lot quicker than any human and can execute trades in milliseconds. Trading robots are also called Expert Advisor or EA.

All money, deposits and withdrawal, are handled by the broker. The brokers we use have a good reputation and keep all money in segregated client accounts which means that the company money and client money are separated meaning your money is safe.

Algo international can not access your money to make any deposits or withdrawals. The broker account is in your name and only you have the right to withdraw or deposit money.

Yes we do. Our referral program is very good because you can earn a residual (monthly) income. If you refer a client to us we will pay you monthly as long as that customer is active with you. This can be a very good second and even first income.

Fill in your information here to receive further information.

Only you can deposit and withdraw money from your account. When you sign up to our service you do allow our trading robots access to your account. They are allowed to open and close positions (buy and sell currency) and that is all they can do.

All deposits are handled through the broker. Each broker has its own deposit methods, but they normally include bank transfers, credit/debit cards and cryptos. Most brokers also have other solutions like Neteller and Skrill.

Check with your broker if you have a specific need in regards to deposit or contact us and we will help you.

All withdrawals are handled through the broker. You can make withdrawals at any time, as often as you want and whenever you want.

The brokers we recommend normally handles your withdrawal request the same day and then it takes a few days for the money to arrive in your account. Check with your broker what the rules are or contact us and we will help you.

If I am not able to open an account with a broker will I get my money back?

Yes, If you have purchased any of our trading services and you for some reason are not able to open a broker account we will refund you 100% of your purchase.

Yes, If you have purchased any of our trading services and you for some reason are not able to open a broker account we will refund you 100% of your purchase.

The broker is the one that handles all money and approves or disapproves accounts. We have a broker for US and Canadian customers and then another broker for most of the rest of the world. There are a few exceptions but let us know which country you have residency in and we will guide you