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Foreign exchange referred as forex or FX trading involves buying one currency and selling another while attempting to profit from the trade. In forex markets, currencies are traded against each other as exchange rate pairs. Individuals and businesses use forex trading to secure themselves from unfavourable currency movements.
Algorithmic trading is often called as algo-trading or automated trading utilises computer program and follows a defined set of instructions (an algorithm) for trading. It can generate profits rapidly and more frequently than humans.
Yes, forex trading is legal in India. According to the RBI guidelines – “Resident persons are permitted to undertake forex transactions only with authorised persons and for permitted purposes, in terms of the Foreign Exchange Management Act, 1999 (FEMA).”
Algorithmic Trading has several features that differentiates it from manual trading methods. Some of the key features include, Speed and Efficiency, precision, Automation, Customisation, Backtesting, Diversification, and more.
Algo trading uses computer algorithms to execute trades at high speed and large volumes. This trading method has evolved the financial market enormously yet involves certain risks.
Effective risk management in algo trading involves several key strategies: Pre-Trade Risk Controls, Dynamic Stop-Loss and Take-Profit Algorithms, Position Sizing and Portfolio Diversification, Ongoing Monitoring and Surveillance and more.
ADVANCE ALGO TRADING TERMS & CONDITIONS & USER AGREEMENT
1. AGREEMENT TO TERMS
By accessing or using the automated trading software provided by Advance Algo Trading (“Software”), you agree to be bound by this User Agreement (“Agreement”). If you do not agree, you may not use the Software.
2. LICENSE GRANT
Advance Algo Trading grants you a non-exclusive, non-transferable, limited license to use the Software for personal or business trading purposes upon full payment of $250.
3. PAYMENT AND FEES
The cost of accessing the Software is $250 (one-time payment unless specified otherwise Payment is non-refundable.
4. USER RESPONSIBILITIES
You acknowledge and agree to:
Use the Software at your own risk.
Be responsible for all trading decisions made using the Software.
Not modify, share, resell, or reverse-engineer the Software.
5. RISK DISCLOSURE
Trading financial instruments involve significant risk and may result in losses.
Past performance of the Software does not guarantee future results.
You agree that Advance Algo Trading is not liable for any losses incurred using the Software.
6. NO FINANCIAL ADVICE
The Software is provided as a tool to automate trading. Advance Algo Trading does not provide financial advice and is not responsible for your financial outcomes.
7. TERMINATION
Advance Algo Trading reserves the right to terminate your license for violating this Agreement. Upon termination, you must cease using the Software.
8. DISCLAIMER OF WARRANTIES
The Software is provided “AS IS” without any warranties, expressed or implied, including but not limited to performance, uptime, or fitness for a particular purpose.
9. LIMITATION OF LIABILITY
Advance Algo Trading shall not be liable for any direct, indirect, or incidental damages arising from the use of the Software, even if advised of such possibilities.
10. GOVERNING LAW
This Agreement shall be governed by the laws of India, specifically under the jurisdiction of the Securities and Exchange Board of India (SEBI) and relevant financial and trading regulations applicable within the Republic of India.
11. CONTACT US
For any inquiries or concerns, please contact:
Advance Algo Trading
📱+918123306078
📧support@advancealgotrading.com