Frequently Asked Questions

Q: What is Arrow Algo?

Arrow Algo is a sophisticated algorithmic trading software designed to empower investors with the tools and technology needed to build, backtest and run automated strategies without needing to know how to write code. Arrow Algo is dedicated to making algorithmic trading simple and accessible, fostering a community where traders can thrive and compete with institutions on an even playing field.

Q: How does algorithmic trading work?

Algorithmic trading, often referred to as ‘algo trading’ or automated trading, is a method of executing trading strategies using computer algorithms. These algorithms are programmed to analyse market data, identify trends, and execute trades automatically based on predefined criteria. With Arrow Algo, users can build their own algorithms or choose from a library of pre-built strategies. The platform allows for backtesting strategies using historical data, optimising performance, and sending trading signals to your exchange in real-time, all with the goal of achieving more efficient and disciplined trading.

Q: Does Arrow Algo have access to my account and my money?

No. You have complete control over the API settings in your exchange account. You will only enable the Arrow Algo software to send buy and sell signals based on the strategy you have set and it will have no ability to make transfers or withdrawals.

Q: Does it cost to use Arrow Algo?

No. Arrow Algo is completely free to use. You can set up an account, build a strategy, backtest it as much as you want and run it in a limited capacity without paying a cent! With the free accounts, buy signals will be limited to $500 per order (no limit on sales) – to run strategies with larger order sizes, you can upgrade to the premium version.

Q: Is Arrow Algo suitable for beginners?

Arrow Algo is designed to cater to a wide range of users, including beginners in the world of algorithmic trading. Our platform offers an intuitive interface, educational resources, and pre-built algorithms that allow users with varying levels of experience to get started. It is very important, however, to note that algorithmic trading carries a high level of risk, and investors can potentially lose all their invested capital. While we strive to make algorithmic trading accessible and provide tools to help users understand and mitigate these risks, it’s crucial for beginners to approach trading with caution. We aim to empower users by helping them understand the inherent risks associated with algorithmic trading through educational materials and risk management features. Although, Arrow Algo does not provide financial advice or any financial services. The software is experimental and through the Core Terms and Conditions you agree to use at your own risk.

Q: Do I need to install Arrow Algo?

No! As a web-based software, there is no need for installation. Simply access Arrow Algo through your desktop browser, and you’re ready to explore the world of algorithmic trading. Our platform is designed for seamless accessibility, ensuring you can dive into strategy development and trading without the hassle of installations. Stay tuned for updates on our mobile app release, as we strive to provide you with flexibility and convenience in accessing Arrow Algo across various devices.

Q: How do I set up my account?

Setting up your Arrow Algo account is a seamless process. To get started, ensure you have an account with a compatible exchange or broker that accepts API connections. Currently, Arrow Algo supports connections with Coinbase, Binance and ByBit. We’re actively working to expand our list of integrated exchanges and brokers to offer you a broader range of options. To guide you through the setup process, refer to our comprehensive Accounts Guide located on our Youtube Channel. This guide provides step-by-step instructions on connecting your exchange account to Arrow Algo, ensuring a smooth and secure onboarding experience. As we continue to grow, our platform will evolve to include more exchanges and expand to cover various asset classes beyond cryptocurrencies. We’re committed to providing you with a versatile and user-friendly environment for your algorithmic trading journey. Stay tuned for updates on new integrations and exciting features!

Do you have a question that is not answered here?

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