Algo deployment charges

General
1

I want to use algoverse. Say if i have deployed a strategy which have deployment charges as applicable say 10 or 20. Now i want to know that if i have strategy deployed during holidays say weekends, holi, etc will the deployment charges be levied on those days? Or the deployment charges will only be levied for active trading days? Thank you.

2

It will be charged daily irrespective or any holidays.

3

Hello @SMIT_RUPES_3552683 @Jagdish_j_ptl ,

Deployment charges are incurred only on trading days. On trading holidays - we won’t be charging you.

Thanks,

Aniruddho Ghosh

4

You are wrong I am being charged on weekends also

5

Hello @Jagdish_j_ptl
Please share your UCC, I will get it checked.

6

Thanks for quick reply. I had checked my ledger and it was not deducted on weekends. Thanks for clarification.

But why are you charging on trading day if there is no trade executed by algoverse?

7

Hello @Jagdish_j_ptl ,

As soon as the strategy gets deployed, we allocate our infra resources to keep checking if the market conditions are favourable or not, for the trades to get placed (waiting for the entry signal).

Only when the criteria is met, the trades get executed as per the algo - but this is an ongoing process and there can be days where the conditions aren’t met. Hence there’s a deployment cost associated with it.

For more details, you can refer to our FAQs section ( Help Center ).

Thanks,

Aniruddho Ghosh.