Algobi

Algobi, a CFD trading platform regulated in Seychelles

Algobi is a contracts for difference (CFD) trading brand owned and operated by DXA Seychelles Limited, a company registered in Seychelles under number 8438281-1. The firm operates under license SD218 from the Financial Services Authority (FSA) of Seychelles, a fact the platform itself highlights as regulatory backing for its activity.

The company does not provide services to residents of certain jurisdictions, including the United States, Canada, the European Union, Iran, Iraq, Syria, North Korea, Sudan, Myanmar, and Russia.

Available markets and instruments

The platform's catalog covers more than 320 CFD instruments, with access to indices, currencies, metals, commodities, stocks, and cryptocurrencies. The company presents this offering as a way to diversify a trading portfolio and respond to movements in global markets.

• Indices: tracking of international indices such as the S&P 500 and FTSE 100 through CFDs.
• Forex: currency pairs with tight spreads aimed at better execution.
• Metals: CFDs on precious and industrial metals, including gold, silver, and copper.
• Commodities: oil, gold, and agricultural products linked to broad economic trends.
• Stocks: CFDs on shares from global sectors such as technology, healthcare, and consumer goods.
• Cryptocurrencies: CFDs on digital assets such as Bitcoin and Ethereum, plus a wide range of altcoins.

Trading tools and platforms

Trading is built around two environments: WebTrader, accessible directly from the browser without downloads, and a mobile app with a personalized dashboard and real-time price updates. Both allow trading from a computer, mobile, or tablet with synchronization across devices.

Among the tools the platform offers are versatile order options, advanced charting, a real-time earnings calendar, and continuous market data. The company emphasizes rapid trade execution and costs it describes as clear and competitive, with no hidden charges.

Account types

Algobi structures its offering into three account tiers, all with leverage up to 1:200, a 5% stop-out level, and a minimum deal size of 0.01.

• Silver: entry-level tier, with no swap or spread discounts, aimed at those just starting out and looking to build confidence.
• Gold: includes swap discounts of up to 40% and spread discounts of up to 50% compared with the Silver account.
• Platinum: adds exclusive features and personalized support, with swap discounts of up to 60% and spread discounts of up to 75% compared with Silver.

Customer support and account opening process

The company offers support in several languages via phone, chat, and email, with 24/5 coverage. The process to start trading consists of five steps: creating the account, verifying identity, funding, exploring the markets, and starting to trade. The platform also allows practicing with a demo account under real market conditions.

Risk warning

The platform itself warns that forex and CFD trading involves significant risk to invested capital and refers to its risk disclosure policy. It also notes that past performance is not an indicator of future results.

Location and contact

Abis Centre, Providence Industrial Estate, P.O. Box 1466, Victoria, Mahe, Seychelles