FAQ - Frequently Asked Questions

The broker selected by you must have the Metarquotes Mt4 trading platform. The system connects with all international brokers that are regulated in the different European jurisdictions and that have the Mt4 platform. According to the specialized portal www.forexbrokers.com The "Best MetaTrader Brokers 2021" is made up of 7 entities that are regulated through the CNMV (Spain), FCA (UK), FINMA (Switzerland).

If you are not satisfied with our results, simply changing the password will stop receiving orders immediately. There is no permanence commitment or additional cost for receiving our service.

The system will start operations as soon as the account is funded with at least €1,000* (it will depend on the attached table)  with less deposit, the system will not be activated.

• Minimum amount of €1,000, for accounts with leverage level  500:1 

• Minimum amount of €2,000, for accounts with leverage level  400:1 

• Minimum amount of €4,000, for accounts with leverage level  200:1 

• Minimum amount of €6,000, for accounts with leverage level  100:1 

• Minimum amount of €8,000, for accounts with leverage level  30:1 

Leverage is one of the tools that can be used in online trading.  It is an interest-free loan provided by a broker. It is used to increase the volume of the position or to reduce the margin. The margin is the guarantee required by the broker to open a position in the market. 

• For example, a leverage level of 1:30 means that for every euro that you contribute as capital, you can trade in the market with 30 euros.

• For example, a leverage level of 1:200 means that for every euro that you contribute as capital, you can trade in the market with 200 euros.

You only have the right to execute operations, you do not have direct access to your funds, by providing the login and password of the Mt4 platform, you can only execute orders through the algorithmic system.

The @AlgolinkEurope algorithm has been coded with a technical analysis algorithmic trading strategy and specifically an indicator to identify a new trend in the market or warn of extreme conditions to identify reversals, thus measuring the current price level in relative to an average price level over a given period of time.

This identifies the  overbought and oversold conditions to execute the corresponding order. In traditional trading jargon it would be called the Momentum combined with an overbought and oversold oscillator.

At the moment of making the deposit and authorizing the algorithm to execute orders through technical analysis by patterns, the algorithm will begin to perform internally the comparative calculations of patterns every 10 ticks (every 10 seconds) and when identifying a valid pattern, it will open automatically an operation  and you will be in the market at that very moment. All operations incorporate a profit horizon (TP Order "Take Profit" and a loss limiter (SL Order "Stop Loss"), upon reaching the price level marked with TP (the operation is closed with profit) or by the On the contrary, when reaching the price level marked with SL (the operation is closed with losses.) Once this operation is finished, the algorithm will begin to internally carry out the new comparative calculations to identify a new valid pattern.

At the end of the week, a fee is charged for the return obtained in your account, of 40% of the returns.

• Account balance from +1,000 euros: 40% of the yield obtained

In the case of losses we will not charge. and the Marca de agua  (High Watermark System) method will be applied, which establishes that the fees will only be charged again when the net asset value is greater than the previous maximum reached.

The taxation of investment in currencies is no different from how shares, CFDs or national ETFs are taxed. For practical purposes, this means that the investment is included in capital gains and losses along with stock market investment or investment funds. The capital gains obtained in Forex will be integrated with the rest of the profits to be taxed within the savings income. Treasury allows you to offset capital gains and losses in income so that in the end you pay taxes only for the real benefit. For any clarification in your country of residence, contact your tax advisor.

Savings income is taxed at its own rates, which are as follows:

• Earnings up to 6,000 euros: 19%

• Gains between 6,000 and 50,000 euros: 21%

• Gains over 50,000 euros: 23%

These rates are applied progressively and on the total income from savings, not individually on each investment. This means that if you have earned 10,000 euros with your investments, you will pay 1,140 euros for the first 6,000 euros (19%) and 840 euros (21%) for the rest.​ For any clarification in your country of residence, contact your tax advisor.

If you are a legal resident of an EU country, you can have a bank account or investment account in any EU country. Any person with fixed tax residence in their country of origin (for example in Spain) can have a bank account or an investment account with an international broker abroad, they would be the holder of an account as a non-resident person. For any clarification in your country of residence, contact your tax advisor.

When the accounts abroad do not exceed 50,000 euros in value as of December 31, it is not necessary to present form 720 if they do not exceed 50,000 euros. Form 720 is an informative return that any taxpayer who has assets or rights abroad is required to submit. For any clarification in your country of residence, contact your tax advisor.