HOW TO SUBSCRIBE TO ALGOLAB
WITH A FUNDED ACCOUNT
OPEN AND FUND YOUR INTERACTIVE BROKERS ACCOUNT
Before submitting the AlgoLab monthly subscription form below, please open and fund your new Interactive Brokers account by following this new account guide:
SETTING UP AND FUNDING YOUR IB ACCOUNT
Please read this document that has some important information about using your funded AlgoLab account:
WHAT COULD POSSIBLY GO WRONG?
Please complete and submit the AlgoLab subscription form below. This step includes providing us with your leverage setting (# contracts to trade), and other important account information. This also includes setting up your monthly AlgoLab subscription recurring fee with a credit card.
After we receive your AlgoLab subscription form, we will notify you with with instructions about how you can securely input your Interactive Brokers account credentials and make a connection between your AlgoLab software and your Interactive Brokers account.
note: on the following form, "Security Code" refers to your AlgoLab Password.
LEARN ABOUT THE RISKS
SUBMIT ALGOLAB SUBSCRIPTION FORM
EARN A 10% REFERRAL COMMISSION WHEN YOU REFER A FRIEND TO ALGOLAB
Funded Subscribers: Reduce your AlgoLab subscription fee by 10% per month* for 2 years for each funded client you refer to AlgoLab. *Commissions are based on the referred account's monthly fee and are deducted from your monthly fees for TWO years (while the referred account is active).
TO APPLY: Let us know if you are referring someone to AlgoLab. Once their AlgoLab subscription is completed, we will reduce your monthly subscription fee by 10% of your referral's paid amount for each month your referral's subscription is active.
ADDITIONAL INFORMATION ABOUT SUBSCRIBING TO ALGOLAB WITH A FUNDED ACCOUNT
More information about how return and drawdown estimates are generated.
The return and drawdown estimates using the Performance Viewer backtesting web application could benefit from hind-sight. Results from simulated accounts have certain limitations. Actual results will differ given that simulated results could under, or over compensate the impact of certain market conditions. Actual draw downs could exceed back-testing draw downs when traded on actual trading accounts. Although the estimated performance metrics produced include the cost of slippage, and brokerage commissions, once actual commission, slippage, and fees are considered, actual returns will vary.
More information about using the leverage value (# contracts traded) to determine your monthly fee.
Your monthly AlgoLab subscription fee is calculated based on an approximation of the volume of work that the AlgoLab software performs on behalf of the Licensor. An algorithm defining this calculation takes into consideration the total numbers of transactions that are required to be transmitted to Licensor’s broker, and the number of transactions that require management until trades have been exited. Monthly software subscription fees are not calculated based on the amount of capital in the Licensor’s brokerage account, or on the performance of the Licensor’s trading account, but on the actual number of contracts being traded over time.
When you subscribe to AlgoLab with a specified leverage level (# contracts traded) and capital amount, that leverage level is the maximum leverage level that you will be allowed to set for trading using your dashboard page. If you add capital, or intend to reinvest your profits, then you will need to periodically increase your leverage level (# contracts traded).