Frequently Asked Questions

Difference Between ROBO and ALGO Trading

ROBO Trading:

• Risk: Robo trading is considered a very risky trading option compared to algo trading because it works only on certain strategy breakouts.
• Users: It is typically used by average investors to automate their trades, as they often have low investments.
• Operation:
  • Runs on a user's computer using platforms like MetaTrader, leading to risks such as capital wipeout.
  • Requires a high-end computer, internet connection, or VPS servers.
  • In case of power failure or internet issues, there is a risk of capital wipeout as stop loss orders may not trigger.
• Technology:
  • Developed on older technologies like C, C#, and C++, which have high latency issues and slippage problems.
  • Anyone can create their own robo trading software as it does not require high knowledge or skills.
• Brokerage: Often provided by brokers, allowing multiple trades to increase brokerage fees.

ALGO Trading:

• Accuracy and Risk: Algo trading is very accurate and considered a low-risk trading option as it is fast in executing trades.
• Users: Used by investment groups, investment banking companies, professional traders, institutional investors, and hedge funds. It is complex and suited for experienced traders and institutions.
• Development:
  • Developed by companies with years of experience in the market to provide good returns to traders, not just to generate brokerage.
  • Utilizes low-latency trade execution within milliseconds.
• Technology:
  • Developed on Python, which is the most advanced technology used in financial markets for all types of analysis. Companies like Berkshire Hathaway, BlackRock, and Goldman Sachs use Python-based platforms.
  • Requires years of experience and a high skill set to develop.
• Infrastructure:
  • Works on cloud servers like AWS, eliminating concerns about internet connection or computer reliability for trading.
  • Incorporates multiple strategies coded in Python, providing accurate and high-frequency trades.

In summary, while robo trading is accessible to average investors with lower investments but comes with higher risks and technological limitations, algo trading is designed for professional use with advanced technology, lower latency, and a more robust infrastructure, offering a more reliable and lower-risk trading experience.

Benefits of Python-Based Algo Trading Platforms

Integration and Compatibility:

• API Integration: Python seamlessly integrates with various financial APIs, allowing for easy access to real-time and historical market data.
• Platform Compatibility: Python can interface with various trading platforms and databases, enhancing its utility in automated trading systems.

Performance and Scalability:

• Efficient Execution: Python, coupled with high-performance libraries, can execute complex algorithms quickly and efficiently.
• Scalable Solutions: Python-based trading platforms can scale up to handle increasing volumes of data and trades, making them suitable for both small-scale and large-scale operations.

Flexibility in Strategy Development:

• Custom Strategies: Python allows for the creation of highly customized trading strategies tailored to specific needs and market conditions.
• Algorithmic Variety: Supports a wide range of algorithmic strategies, from simple moving averages to complex machine learning models.

Automation and Efficiency:

• Automated Trading: Python scripts can automate the entire trading process, from market analysis and signal generation to order execution and portfolio management.
• Workflow Optimization: Enhances overall efficiency by automating repetitive tasks, reducing the likelihood of human error.

Cloud-Based Deployment:

• Scalability: Python-based trading platforms can be deployed on cloud servers like AWS, ensuring high availability and scalability.
• Resilience: Cloud deployment ensures that trading operations are not interrupted by local hardware failures or connectivity issues.

As technologies are constantly evolving, we need to regularly update and adapt our strategies to align with market movements and to ensure optimal performance. This requires continuous human effort and incurs costs. Therefore, to maintain the highest standards and reduce risks for our clients, we cannot offer a lifetime subscription.

We are a reputed and established company that has conducted extensive research and development for our strategies and products. Unlike many robo software providers that offer free trials but fail to deliver satisfactory results, our primary goal is not to generate brokerage. We are not brokers or IBs; we provide a specialized service that requires significant cost and expertise to develop and maintain.

Additionally, our algorithms are registered with multiple brokers, necessitating API integration for which brokers charge us a fee. Due to these factors, we are unable to offer a 7-day trial. Our commitment to quality and performance means we invest heavily in ensuring our service meets the highest standards, and this level of service cannot be sustained through free trials.

The Forex and Comex markets are extensive and offer attractive leverage options. You can start with an investment as low as $300, but we recommend starting with $500. This amount will provide better risk management and a more stable trading experience.

Sir/Mam, we maintain proper risk management in all our strategies, which ensures more than 85% accuracy. Our strategies follow a 1:2 risk and reward ratio. This means that for every unit of risk taken, the potential reward is double. This approach helps in maximizing returns while effectively managing risks.

We support all the major brokers providing services across the globe. Our platform is designed to integrate seamlessly with a wide range of brokerage services, ensuring flexibility and convenience for our users regardless of their preferred broker.

Based on our backtested data and our experience with client services, we have observed a maximum drawdown of 12% to 15% depending on market conditions. This is achieved through strict stop loss and trailing stop loss features, which help in managing and minimizing potential losses effectively.

We are registered and regulated by the UAE government, which enforces strict policies for data privacy and licensing processes. Our license covers global advisory services and software sales but does not include the provision of read-only passwords from clients.

Additionally, our software connects to any broker based on your investment preferences, and you can also manually manage your trades on the remaining balance. Sharing investor credentials could lead to misunderstandings where any losses from manual trades might be wrongly attributed to the algo. For these reasons, we are unable to provide read-only or investor ID passwords.

No sir, our strategies are backtested and designed with strict risk management measures. We use a 1:2 risk and reward ratio, and our strategies always implement strict stop loss orders. In the event that the market moves against our strategies, the stop loss will trigger and close the position within milliseconds. This approach safeguards your capital from significant market downturns and upswings, minimizing the risk of a total capital wipeout.

We have more than 50+ indicator-based strategies that are coded in Python for high accuracy with low latency. Our CMTs (Chartered Market Technicians) have invested a significant amount of time and resources into developing these strategies to ensure they provide the best results for our clients.

Just as Coca-Cola has a secret formula for their drinks, we also have proprietary trading formulas and trade secrets that we do not disclose. However, rest assured that our strategies are designed to deliver high performance and effective results.

No sir, we are not a broker. We are a regulated investment advisor and algo service provider registered in the UAE. We charge service fees for our advisory and software services, but we do not handle or deposit any investment money into our bank account. You will make your deposits directly into your trading account with your chosen broker.

As the world becomes a global village, the UAE is emerging as a major financial hub due to its robust regulatory environment, which facilitates effective coordination between companies and clients. Many top Forex brokers and crypto companies from around the world are moving to the UAE to benefit from this supportive environment and to provide high-quality services.

You can trust that you are dealing with a registered and regulated company based in the UAE. Our operations adhere to strict regulatory standards, and we are committed to delivering exceptional service to maintain our license and meet regulatory requirements.

You can make the service payment through the following options:

• Direct Bank Transfer: Transfer directly into our UAE bank account.
• Payment Gateways: Payments can be made via Stripe or PayPal.
• Cryptocurrencies: We accept payments through Binance and Coingate.

These options provide flexibility and convenience for making your payments.

As we are registered and regulated by the UAE government, we must adhere to strict data privacy and confidentiality policies. We also have a non-disclosure agreement in place for all our clients to ensure their data safety and privacy. Therefore, we are unable to share contact information of any of our clients.

You can start your service by choosing any of our service plans. After you pay the service amount, our team will complete your KYC (Know Your Customer) process and agreement. Once that is done, we will provide you with the credentials for accessing the algo trading software.

Any broker that is registered and regulated by a government authority is a good choice for trading. Here are some reputable brokers you can consider:

• MultiBank
• Exness
• Vantage Global
• XM Global

These brokers are well-regulated and provide a range of services suitable for trading.

Trading in the Forex market can be safe if you follow the right practices and work with reputable brokers. Here are some key factors that contribute to a safe trading experience:

Regulated Brokers:

Choose brokers that are registered and regulated by reputable financial authorities. This ensures they adhere to strict regulations and standards for security and fairness.

Risk Management:

Implement effective risk management strategies, such as setting stop-loss orders, using proper leverage, and diversifying your investments, to protect your capital from significant losses.

Transparency:

Ensure that the broker provides clear information about fees, spreads, and trading conditions to avoid unexpected costs and surprises.

Yes, it is legal to trade in the Forex market, but the legality can vary depending on your country of residence. Here’s a breakdown of what you need to know:

Regulated Markets:

Forex trading is legal in many countries as long as you trade through brokers that are regulated by official financial authorities. These regulations ensure that brokers adhere to standards for fairness, transparency, and security.

Regulations:

Make sure to use a broker that is registered and regulated by a recognized financial authority in your country. For example, in the UAE, brokers must be regulated by the UAE Financial Services Regulatory Authority (FSRA) or similar regulatory bodies.

Licenses:

Verify that your chosen broker holds the necessary licenses to operate in your jurisdiction. This ensures that they follow local laws and regulations.

Our software currently supports the following markets:

• Forex Market: Trading in foreign exchange currencies.
• Comex Market: Trading in commodities like gold, silver, and oil.
• US Markets: Trading in U.S. stock and futures markets.

We are also planning to expand into additional markets, including Singapore, Malaysia, and the UK, in the upcoming months to provide even more opportunities for our clients.

Our algorithmic trading platform is primarily designed to work with technical charts and indicators. However, we have also integrated fundamental news observation into our strategies to enhance accuracy and performance. This combination of technical and fundamental analysis helps us provide more robust and effective trading solutions for our clients.

Yes, our software operates 24/7 to serve clients around the globe. It is designed to take trades based on your local time and market breakouts, ensuring that trading opportunities are captured continuously, no matter the time of day.

We are registered in the UAE and serve clients online from around the world, so we do not require offices in every country. We have a single office located in the UAE, which allows us to provide our services globally through online platforms.

As we are operating in the financial markets, which involve inherent risks, we do not offer any guarantees or money-back guarantees. We are a regulated and registered company in the UAE, where strict norms govern our services. While we are committed to providing high-quality and effective strategies, it is important to understand that financial markets are unpredictable, and all trading carries risk.

Why Choose Fino Ways LLC?

• Regulated and Safe: We are a regulated and registered company in the UAE, adhering to strict regulatory standards and norms. This ensures that you are working with a legitimate and trustworthy organization dedicated to protecting your interests.
• Personalized Signal Services: We offer personalized signal services designed to help you trade manually and grow your investments. Unlike other companies that provide generic signals, we focus on tailoring our services to meet your specific needs and trading goals.
• Advanced Algo Trading Platform: Our state-of-the-art algo trading platform is developed in Python and hosted on AWS servers, providing you with one of the fastest and most reliable trading solutions available. This platform is designed for high accuracy and low latency, helping you to make the most of trading opportunities.
• Educational Resources: We provide video courses to deepen your understanding of the market. Our educational materials are crafted to enhance your trading knowledge and skills, empowering you to make informed decisions and grow your investment.
• Expertise and High Skill Level: Unlike other companies that may use salespersons with limited knowledge to manage your account, we offer a comprehensive range of services from experienced professionals with high skill levels. Our team’s expertise ensures that you receive top-notch support and effective trading strategies.
• A Full Suite of Services: We offer a buffet of services that are rare in the industry. From advanced trading algorithms and personalized signals to educational resources, we provide a complete package that covers all aspects of your trading journey.
• A Smart Investment Choice: Choosing Fino Ways LLC is a smart investment decision. By working with us, you are putting your money to work with a regulated, experienced, and well-equipped team dedicated to your financial success.

You can start your service by choosing any of our service plans. After you pay the service amount, our team will complete your KYC (Know Your Customer) process and agreement. Once that is done, we will provide you with the credentials for accessing the algo trading software.