AlgoTrades has partnered with Interactive Brokers Canada to offer Canadian investors access to an automated investing system for the trading of futures and exchange traded funds (ETFs).
“Canadian investors simply do not have access to opportunities like this which American’s and other countries do, especially residence of British Columbia. I am excited that AlgoTrades is the first fully automated, hands free futures trading system available in to BC residence,” says Chris Vermeulen Founder of AlgoTrades.
Manually entering trade orders and monitoring the computer is no longer needed. The AlgoTrades system automatically executes it’s proven strategies and position management at the speed of light.
The direct connection between the AlgoTrades system and Interactive Brokers allow AlgoTrades to improve the company’s presence in Canada.
The popularity of the AlgoTrades system has increased significantly as increasingly more investors rely less on mutual funds, financial advisors, professional fund managers, and explore more self-directed, rules-based trading opportunities.
Vermeulen says: “It’s scary how many of our clients have suffered losses of 50 percent or more in their portfolios in recent years. The feedback has been very positive as they express how they wish AlgoTrades was running in their account years ago. It truly is the future of trading and investing.”
The investment strategy has been traded manually by the creator Chris Vermeulen for the past seven years and was converted into an automated investing system in 2013. It invests in the S&P 500 index though the use of futures and/ or exchange traded funds.
Most of the time the automatic investing system keeps the client’s investment capital in cash. The high probability trading strategies used are geared toward minimizing market exposure and taking long/short positions only when a high probability of winning has been identified.
“This is an automated investing system that provides investors with an opportunity to invest alongside the founder, capitalising on my entrepreneurial investment approach, trading strategies, money management skills and experience,” says Vermeulen.
The hybrid automated investing service charges a flat annual fee for access to the automated system, and the mnimum investment capital requirement starts at CAD15,000.