Welcome to
ALGO
Our company was fully designed
to support the
HFT Community
The most solid
HTF Company
in the market.
THE ONLY BACKED BY FXDD.
We can say that almost 99% of traders and clients of
proprietary trading firms have no idea of the internal
costs and operational difficulties that exist when a prop decides to accept the use of HFT.
When accepting HFT, the company needs to be prepared internally and operationally to support the
EXTRA demand that will exist compared to a firm that
does not accept HFT. That is why recently dozens of
amateur companies have ventured out only to disappear no long after. As a result hurting traders, clients and families all over the world.
Problems such as server issues, too many funded accounts generating high clearing costs,
slippage, increased support demand and thousands of trading
entries directly affecting the quality of the server.
Being the only HFT prop backed by a broker, Algo is in a prime position compared to its peers. We have the infrastructure and dedicated servers ready to support our growth and your journey.
From the moment it was created, ALGO Forex Funds at FXDD Mauritius was designed in EVERY detail to become the safest HFT prop on the market, providing traders and clients with a long life and a HIGHLY sustainable business model. And the best part? We are backed by a licensed broker!
What sets us apart from 99.9% of the prop firms that venture into the market and start accepting HFT without prior knowledge is that because we have been in the market for over 10 years we use our own servers and not outsourced ones, we have trained SUPPORT for high client demand, all the extra costs involved in the process have already been planned and consistency rules put in place so that all clients don't have a problem receiving
payment, and so on and so forth.
Our goal is JUST ONE, that this is your NEW and last HFT prop firm, welcome!
HFT BASIC and
HFT PREMIUM
Evaluation
process
01. Sign Up
Immediately after you join your Challenge you will receive an e-mail with your trading credentials.
02. Algo Trader
Do your best, trade with adequate risk management and receive up to 95% of your profits on our Scaling plan if you consistently generate long term results.
What is the difference?
HFT PREMIUM
On it we have:
- The lowest target of a market phase just 6%
- We don't have minimum trading days, once you've passed the test you automatically receive your funded account
-
There is no time limit for passing
the Evaluation - Highest daily drawdown in the market - 6%
- Highest max drawdown on the market - 20%
- These accounts are limited to a small number, very soon they will cease to exist due to the long-term sustainability of the company.
HFT BASIC
HFT BASIC is our entry level program with a 5% daily drawdown and 15% maximum drawdown.
Traders can take advantage of a minimum of 8 trading days, plus our usual profit target before progressing to the funded stage.
Become an Affiliate
Join our Affiliate Program, refer your unique link to your community, and enjoy your commissions from the moment a trader joins ALGO program
- Highest affiliate commission
ALGO Forex Funds at FXDD Mauritius is offering up to 20% commission for our affiliates which is the industry-highest. Simply register with us in a few minutes and start sharing your affiliate link to earn generously.
- Easy & Fast Withdrawals
ALGO Forex Funds at FXDD Mauritius has built the fastest process for you to withdraw your commissions. Submit your withdrawal request from the dashboard and collect your commissions weekly .
- Real-Time Tracking
Track your clicks, registrations and conversions in real-time to stay up-to-date with your progress. You can also check your payment and withdrawal history easily in your dashboard .
About our company
After almost 3 years of seeing unprepared companies enter the market and harm traders all over the world due to a lack of professionalism, we decided to create a company 100% focused on the HFT community.
ALGO Forex Funds at FXDD Mauritius entire business plan has been designed so that the company will have a long life and be a safe haven for the entire HFT community.
We support this community 100% because we know how difficult it is to go through the Evaluation process without using the best strategies the market has to offer.
In addition to allowing HFT in the evaluation process, Algo Forex Funds at FXDD Mauritius also places no restrictions on any type of EA in the already approved account.
All you have to do is follow all the operating rules that have been drawn up, close the month with a PROFIT within the rules and you’re 100% ready to request your share.
Welcome to the ALGO Forex Funds at FXDD Mauritius
Frequently Asked Questions
We have dedicated members online via live chat. Also [email protected] for support enquiries.
We do not have a maximum number of accounts, as long as you are within our maximum allocation which is currently 2M per trader.
We work with a maximum allocation of 2M per individual.
You will be able to trade with 1:100 in the challenge phase. Funded accounts work with 1:30 which is what is considered institutional leverage.
Commissions and Swaps are inherent conditions of the market. You will only have commissions on FX pairs, which is $ per standard lot. Other instruments will only have the market spreads, which comes directly from the liquidity providers.
The use of HFT / Arbitrage / Tick Scalping systems in the funded accounts is not allowed.
HFT / Arbitrage / Tick Scalping is allowed in all of our Evaluations.
There are key differences, including:
1. the minimum trading days. BASIC accounts have a minimum of 8 trading days and profit target in order to be considered approved. Our HFT PREMIUM has no minimum trading days, meaning you can be funded in minutes.
2. Max daily drawdown: the BASIC has a daily DD of 5%. HFT PREMIUM has a daily DD of 6%.
3. Max drawdown: the BASIC has a daily DD of 15%. HFT PREMIUM has a daily DD of 20%.
Through Algo, you will gain access to Forex pairs, Indices, Crypto and Commodities.
Our technology is currently integrated with the platforms we provide, which you will be able to download from the email we send. These platforms, along with pricing and execution are provided by our partner broker (FXDD).
Through FXDD you will have access to the version 4 of the trading platform:
https://www.fxdd.com/pe/en/trading/platforms/
Our profit split works on a scaling plan to reward those who are consistent in their trading journey.
We do not offer the option to merge accounts. You are allowed to copy trade between your own accounts within Algo.
Trading can be carried either via Mobile or Desktop.
As soon as you complete the checkout page, you will receive your trading account credentials. This process is fully automated, ensuring a smooth user journey. Upon passing a challenge, the funded account will also be sent immediately.
Traders must be at least 18 years old and not residents of restricted jurisdictions.
Restricted jurisdictions can be found via https://help.riseworks.io/en/articles/7198515-restricted-countries
Your certificate will be available directly through your trader dashboard. All you need to do is select the challenge that has been passed and the system will enable you do download your unique certificate.
As with any trading account, once you have started trading, it is no longer possible to reset your evaluation account.
To login to your trading account, please follow the steps:
1. Download the trading platform
2. File > Login to Trade Account > Add the credentials that have been sent via email and are in your Trader Dashboard.
You should now be ready to start your journey with us.
Our Drawdown works using the equity and balance as parameters. Daily fluctuations are also part of the risk management process and therefore, we believe they must be considered.
Our daily drawdown limit works as a % of the daily open (rollover). If your equity falls below the specific % for your account, this will result in an automatic breach and termination of that specific account.
The Max Drawdown limit is dynamic and will consider your peak position as reference. Should your equity fall below the specific % allowed in your account over a number of days, that would result in the loss of the account.
News trading is allowed. There are no specific restrictions related to News trading.
Weekend trading is not available as a natural condition of the market instruments being offered.
Weekend holdings are allowed and you are not required to notify us of it.
The use of EAs and Indicators is allowed in all of our accounts.
Hedging within your trading account is allowed, for example, to protect a position.
Hedging between different users and different accounts is not accepted.
Both Grid and Martingale strategies are welcome within Algo Forex Funds. There are no specific rules around the strategy. Please ensure your EA is correctly adjusted to avoid erratic behavior and spamming.
Sharing of funded account credentials is against our rules. Each trade is responsible for his/her own credentials and must ensure this information is kept private.
HFT / Tick Scalping / Arbitrage can only be used in the Evaluation (challenge) phase.
The use of HFT / Arbitrage / Tick Scalping systems in the funded accounts is not allowed. Traders who fail to comply with this rule will have their funded accounts breached and will not be able to claim any profits made on the funded account or request a refund.
Copy trading between your own account is certainly accepted. Meaning, if you have multiple accounts and would like to leverage the strategy, you can copy it between your accounts.
Copying from third party is not allowed. Meaning, you are copying the trades from a different person for example.
We believe that consistency leads to longer, healthier and more predictable long term results. This is why we have consistency rules in place, which in our experience, assist traders in sticking to their plan and improve their trading.
The Profit Consistency Rule applies to all trading activities during the Trading Period in the funded account. For the purposes of this Evaluation Program, to comply with the Consistency Rule:
A single trade shall not represent more than 33% of the total profit for the assessed period. Meaning the total profit you have at the time of withdrawal.
The Lot Size Consistency Rule applies to all trading activities during the trading period in the funded account. For the purposes of this Evaluation Program, to comply with the Lot Size Consistency Rule your average trade size is assessed and used to determine the trading range.
The trading range is determined by adding 100% to your average trade size to determine the maximum value and subtracting 75% to determine the minimum value. In other words, the range is from 0.25x to 2x the average lot size.
Third party account management is not allowed. Each participant should trade in his/her own funded account.
We understand that passing services are part of the new market. Rather than working against the community, we chose to work with the community and allow the use of passing services. This is only allowed in the Evaluation phase (challenge).
Sharing your funded account credentials is not allowed nor advised.
Participants are allowed to trade from multiple IPs. We understand that using mobile, desktop and moving between places will affect the IP and you should not be penalized for that.
Sharing an IP with other traders (duplicated IP) however, is not allowed. An example of duplicated IP is using the same device to trade for different people.
Trading on someone else’s funded account is a breach of our terms and conditions. We value transparency and expect our participants to use their accounts accordingly.
Thank you for your interest in partnering with us!
To join the program and receive your own referral link, please access: https://dashboard.algoforexfunds.com/affiliate-area/
We work with a model that rewards our partners using a revenue sharing model. You will receive up to 20% in commissions per referral. Our tiered model ensures there is progression in the program and that you can earn more as partner. You will also receive commissions for any referrals, regardless of how of being the first time or not.
Our partners can receive their commissions on a weekly basis. This is paid directly via USDT TRC20.
Our partners receive their commissions weekly via crypto. This is processed 1x a week directly to their nominated wallet addresses.
Payments can be made via crypto USDT TRC20 .
Ensure any referrals come through your partner link as this is the only way to track the purchase. This will automatically reflect in your dashboard.
To request a payment, please login to your dashboard and make the request. Our team will process it on the specific payment day – if you missed the cut off time, it will be paid in the upcoming week.
We do not allow our partners to bid against Algo Forex Funds on ad platforms. This would result in the termination of any partnership.
Links are not designed to be used as a “cash back” model. Our system does not generate commissions for self purchases.
Yes, as one of our partners you will have a direct communication channel through [email protected]
Once you become a funded trader, you will receive a link from Rise in order to create your account and sign your trader agreement. You can continue trading in your funded account in the meantime.
Your dashboard will show you when you can request a withdrawal.
Please access your Trader Dashboard and in your profit share tab, you will be be able to request the payout, which will be processed via Rise.
We generally process payouts within 2 business days.
Trading accounts will be set to read-only whilst your withdrawal is being processed. That way, there is no risk of losing profits that have already been made.
We’ve partnered with the industry leading Rise Pay (https://www.riseworks.io/) which ensures a smooth and fast payout to our traders. KYC will also be completed through Rise.
Through Rise, you will be able to withdraw via crypto or local methods in your local currency.
Withdrawals can be requested on a monthly basis. As traders, we found that having too short period often leads to skipping the trading plan in order to try to achieve a quicker payout.
Our profit split works on a scaling model based on time and consistency. Our scaling model allows traders to reach up to 95% profit split.
Trading accounts are reset once a withdrawal is processed. That way, you can continue trading with the same credentials throughout your journey with us.
We prefer to keep a simple and easy model, therefore, you will always use the same trading credentials in your journey with Algo
All content published and distributed by Algo Trading Solutions Limited, an FXDD Mauritius referring party, and its affiliates (collectively, the “Company” ) is provided as general information only. None of the information provided by the Company or contained herein is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any security, company, or fund.
Use of the information contained on the Company’s websites is at your own risk, and Algo Trading Solutions Limited assumes no responsibility or liability for any use or misuse of such information. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or FX. Past performance is not necessarily indicative of future results.
Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
Payments processed by Altius Group LLC.