SpiderNet’s performance was pretty steady during the 1-month trial. My account is making some profit now and I plan to purchase it and run with more capital.
Virginia Mak Subscriber
Partners
Financial institutions and technology companies partner with us in co-creating innovative solutions for customers globally. New algorithms and expertise are incubated to become new fin-tech products.
Excellence confirmed by
Bring the world to algo trading
AlgoBot is the first-ever marketplace of robo-traders that enables developers to showcase algorithmic strategies and partner with licensed firms to provide automated trading service to investors.
Genuine Track
Proven track record by forward test and live paper trade is required for the robo-traders to get listed in marketplace
Professional management
Licensed financial institutions and global talents co-create the robo-trader
Automatic execution
Automatic execution via broker API ensures high efficiency and accuracy of trading
Robust strategies
High-quality robo-traders are quantified as an overall score with performance statistics
Product variety
Wide variety of underlying instruments including stocks, equity indices, FX, commodities is provided
High transparency
Trading activities and performance of the robo-traders are demonstrated and updated on daily basis
Connection
Automated trading of robo-trader
You can now connect either paper or live account for use on our platform. For live trading, make sure the account is funded and trades are enabled.
Have any questions ?
Does the end user always need to initiate a trade in the market after selecting a robo-trader, or auto-generate a trade based on a user-selected robo-trader?
AlgoBot could auto-generate a trade based on a user-selected robo-trader. Algobot is a showcase to publish new robo-traders with backtest statistics and live paper trading performance. The robo-trader will be subscribed, connected with securities accounts via API, and then orders will be automatically generated.
Do licensed financial institutions manage the operation and risk control of the robo-traders?
A robo-trader backed by trading algorithm is developed by independent researchers and licenced asset management firms. AlgoBot manages the IT infrastructure of displaying the algorithms and connecting with brokers. AlgoBot only allows asset management firms and financial institutions to display new robo-traders. They evaluate the performance of the strategies and set the risk control parameters.
Can I monitor the trades?
Sure! Create a new separate login that you use to log in TWS to monitor the trading process. Using same login will disconnect the robo-trader from trading. Click here for more details.
How to avoid disconnection when login TWS to monitor the trades?
What can I do about the weekend disconnection of my securities account?
You don't need to do anything because the connection will resume automatically after weekends. The weekend disconnection is due to broker regular maintenance or AlgoBot maintenance. If you initiate first time broker connection at weekends and encounter technical failure, please try again in weekdays.
Why doesn’t the robo-trader execute trades according to the “Trade Record”?
Some trades shown in “Trade Record” are close orders of positions previously opened. If user subscribes the robo-trader after the positions are opened, then the robo-trader does not need to send close orders.
If I subscribe a robo-trader with existing positions in my securities account, will that robo-trader handle the existing positions?
No, the robo-trader will not handle any existing positions, even if they are previously created by the same robo-trader or any others listed on Algobot.