Service Fees
We always strive to make our clients a good profit every month. There is no income guarantee and even though we strive to always have profitable months it can happen that we have losing months.
-
Equity less than 25 000 EUR/USD/GBP
= 30% of generated profits. -
Equity between 25 000 EUR/USD/GBP and 99 999 EUR/USD/GBP
= 25% of generated profits. -
Equity equal to or more than 100 000 EUR/USD/GBP
= 20% of generated profits.
No Win, No Fee?
Our subscription fee is based upon a win/win scenario meaning we only take out a fee if we have made you money during the month in question, we charge a small monthly fee and a percentage of the money we have generated.
We charge 99:- GBP/EUR/USD (depending on your trading accounts currency) a month in monthly subscription fee plus a percentage of the profits that we have generated based upon the equity in your account on the last day of the month.
The fees are charged on your preferred payment method on the 3 of every month based upon last months performance. If we for some reason are not able to get payment on this day your Algo trading software is at risk of being immediately stopped.
EXAMPLES
Month 1
You started out with an account with 9,000 GBP, the equity in your account on March 31 is 10,000 GBP and we made a profit on your account during January of 1000 GBP. We will on the 3rd of April charge your account’s payment method with 399 GBP (30% of profits = 300 plus monthly fee 99).
Month 2
The equity in your account on April 30 is 8,900 GBP and we lost 701 GBP on your account this month so we will not charge you anything.
Month 3
At ALGO, we’ve got your back. Our team and AI integrate with one another to form the ultimate wolf pack designed to further your forex trading needs. We have developed several EAs and one of these is called ‘Wolf Trader’ which has shown some great results. We run this EA as a service meaning that we connect your trading account to our coping service and then let the EA get to work by generating trades and profits on your account. The account is exclusively yours, we do not have the option to either withdraw or deposit funds to or from your account. Your account is safe and all yours. We let the EA do its job and you control the rest. The service is based on a win/win scenario. This means that we only take a fee if you gain profits in your account. You can see our service fees below.
