FAQ'S
How do I register for an Algorithm Global account?
You can apply for an account with Algorithm Global online. Start your
application
now.
How can I find out if someone has opened my account?
As soon as your application is accepted, you will receive an email from us. As an
alternative, you may always check the status of your account application by logging into
MyAccount.
I can't remember my password or username. How am I going to get them back?
If you forgot your username, please contact us for assistance. If
you forgot your password, please contact our support team.
How can I get the desktop platform for Algorithm Global?
Click here to start downloading the Algorithm Global desktop
application for Windows.
How is the security of my money maintained?
We prioritise fund security because we recognise that every one of our clients places the
highest value on the protection of their money.
Please be aware that algo global absolutely complies with CIMA client money laws, which
mandate that all client funds be segregated and individually accounted for in order to
preserve our clients' assets, in compliance with CIMA regulation in Cayman. Because of this,
algo global has trust letters in place with all depositories that store client assets, and
we regularly calculate the client segregated funds to make sure all client assets are
suitably segregated.
All client assets would be safeguarded in the unlikely event of a default, and the
segregated clients would have creditor priority over all claims. Additionally, algo global
actively reviews and monitors counterparty risk, maintains significant excess capital above
regulatory requirements, and is overseen by a risk committee made up of Senior Management
members.
A spread: what is it?
There are two prices that are displayed when a market price is given. The sell price is
represented by the first price, also called the bid, and the buy price, sometimes called the
offer, is represented by the second price. The spread is the amount that separates the buy
and sell prices.
How can I get MetaTrader 5?
Click here to get the Algorithm Global MetaTrader 5 software
downloaded.
To guarantee that the platform functions properly, please delete any earlier versions of the MetaTrader 5 software from your computer before installing the latest version.
To guarantee that the platform functions properly, please delete any earlier versions of the MetaTrader 5 software from your computer before installing the latest version.
What kinds of identification documents are accepted by you?
Acceptable identity-verification documents consist of, but are not restricted to:
- Valid, current passports (national or international)
- Valid, current driver's license
- Valid, current national ID Card
What details are required to open an account?
In order to verify your identification, we will want your name and address.
Usually, we are able to quickly confirm your identification. See our for additional details
Account Document FAQs.
What amount of cash is required to open an account?
You must make a minimum first deposit of at least $100 in the base currency you have chosen.
However, in order to give you more flexibility and improve risk management when trading your
account, we advise that you deposit at least $1,000.
How are they going to handle my withdrawal?
Withdrawals are processed in the order that the money were received and can be made using
MyAccount.
The following order determines how funds are returned to the original account:
1. Credit/Debit Card
2. Bank Transfer
For more information, visit our Funding & Withdrawals FAQs.
The following order determines how funds are returned to the original account:
1. Credit/Debit Card
2. Bank Transfer
For more information, visit our Funding & Withdrawals FAQs.
What platforms can I trade a Raw Spread Account on?
Raw Spread Accounts are available on our Algorithm Global platforms. We recommend that you
consult the market information sheets on the Algorithm Global Desk and Metatrader platforms
for
all the information.
Can I use more than one card to fund my account?
Yes, you may use multiple cards to fund your account. Keep in mind that withdrawals are
processed to the original funding methods. Therefore, a single withdrawal request may be
processed via multiple cards.