What is algorithmic trading?

Algorithmic trading, also known as algo trading or automated trading, refers to the use of computer algorithms to execute trading strategies in financial markets. Instead of humans manually entering and executing trades, algorithms automatically analyze market data, identify trading opportunities, and execute orders according to predefined rules.

These algorithms can be designed to execute trades based on various factors such as price movements, volume, market indicators, and other quantitative data. They can also incorporate complex mathematical models and machine learning techniques to make trading decisions.

Algorithmic trading offers several advantages over traditional manual trading, including increased speed of execution, the ability to process vast amounts of data quickly, and the elimination of emotional biases that can affect human traders.

Should I invest all of my investable money in algorithmic trading?

No, by all means. Our clients are traders who replace their discretionary (manual) strategies for algorithmic trading strategies, not people investing in their retirement or similar situations. Diversification and careful consideration of risk tolerance are advisable. It's recommended to consult with a financial advisor before making significant investment decisions.

Are you regulated?

Yes, of course. Blockmas is a technology company that connects traders with highly-regulated brokers and more than 20 years in the market. If you have any questions, feel free to reach out to compliance@blockmas.com

How do you make money?

Blockmas does not charge our traders anything. Instead, we charge the brokers you trade with. Every time your trading algorithms execute operations, the fees you pay (spreads, swaps, etc.) are split 50-50 between your broker and us. Blockmas only earns revenue when traders trade.

How do I create or close an account?

You can create a demo account by clicking here, a real account by clicking here, and you can delete your account at anytime from your platform.

Which documentation do I need to open an account?

The documentation you require to open a real account depends on your tax residency and the regulation of the broker you decide to use. Nevertheless, take into account that most brokers will require a Proof of Identification (passport, national ID, national driving license, or international driving license) and a Proof of Address (utility bill, bank statement or rental/mortgage agreement). Some brokers could require too a Proof of Funds (bank balance). This documentation is requested to meet the AML (Anti-Money Laundering) and the KYC (Know Your Customer) requirements from different regulatory authorities.