About Us

About Us

Clone Algo Inc is a Technology firm incorporated in Las Vegas, Nevada, US on 22 Feb 2010. Our head-quarter operations is based in Singapore and we develop artificial intelligence (AI) trading systems for financial markets using time tested algorithms combined with timing technology and risk management systems.

Clone Algo Inc is primarily an R&D technology firm investing heavily in AI and algorithm technology for financial trading. We research timing sciences, develops algorithms and risk management system based on AI. We continuously invest in R&D to develop sustainably stable AI algorithm trading system.

The company intends to list on NASDAQ and is currently raising US$250m for Round C, as pre-IPO round.

Company Structure

  • Mr. Niraj Goel, the founder of Clone Algo Inc, owns about 70% of the company. There are two subsidiaries under Clone Algo Inc. Clone Algo Pte Ltd (Singapore), which the founder owns 35% and 65% owned by Clone Algo Inc. Algo Markets Limited (Malaysia) is 100% owned by Clone Algo Pte Ltd.

Corporate Governance

Clone Algo Inc.
Clone Algo Inc., has established a strong Corporate Governance system for managing and supervising our company. We have set up monitoring mechanisms to makes sure our organization’s values, corporate principles and guidelines are adhered to; as well as making sure that internal and external controls are met.

Effective and transparent corporate governance guarantees that Clone Algo Inc., is managed and monitored in a responsible manner and is focused on its’ value creation. This is to foster the confidence of our investors, the financial markets, our customers and business partners, as well as our employees.
Clone Algo Inc. Corporate Governance Code (Code of Conduct)
Clone Algo Inc. management and employees stick to a strict code of conduct. The management ensures continuing development of corporate governance and control; and advocates responsible corporate governance that focuses on sustainably increasing the value of our company.

To ensure transparency, the management has appointed an Audit Committee. The members of the Audit Committee are:

  • - Pily Wong
  • - Anna Becker
Management Team
Service & FAQs
  • What is social trading?

    It is trading that allows you to clone other trading strategies.

  • What is automated trading?

    It is trading that does not require human intervention. Artificial intelligence trades on your behalf.

  • Where is Clone Algo Inc. located?

    Nevada, USA.

  • How Do I Use Clone Algo App?

    You can use Clone Algo with linked regulated brokers in USA or overseas.

  • Why Clone Algo does not sell direct?

    We are a Technology company and would like to focus on R&D of Algorithms and systems.

  • How do I contact any one Broker - Algo Markets Limited?

    Contact by email: contact@algomarkets.com or phone: country code 64 plus number 021 689 989, or our address is: 5 – 7 Kingdon Street, Newmarket, Auckland 1023, New Zealand.

  • What are the costs?

    The app is free, the Algos are monthly fixed fee based on your account, and the trading fee is based on the Algo trading volume. Algo Shield Insurance is an optional additional fee, and provided by insurance companies and reinsurers. Algorithmus Inc. Provides insurance on Algorithms.

  • How much are the Algo’s?

    The Algo’s are monthly performance fee of 30% charged by the broker.

  • How much is the Algo trading fee?

    Each linked broker or bank has its own rates.

  • How do I open an account?

    Apply online at www.algomarkets.com/ or download the Clone Algo App from the Google Play Store or iPhone App Store, and choose the broker. Or just send us an email with your contact details at contact@algomarkets.com.

  • How old do I have to be to open an account?

    Your age should be minimum of 18 years and above.

  • How do I open an account for someone under 18 years of age?

    A guardian can open the account on their behalf.

  • After I submit my application what happens?

    Broker reviews the application, followed by identity & address proof verification and other compliance processes.

  • How long does it take?

    Broker aim to complete the process in 48 hours, provided the necessary documents and funding received from client end.

  • What documents do I need to open an account?

    For proof of identity a copy of passport or driver’s license or Government issued Identity Card and proof of your residential address (where you live).

  • How will I know the account is open?

    Broker will send you an email notification with account number, password, and details on how to fund your account.

  • How do I Fund my account?

    Check with your registered and regulated broker or bank, mainly it is through bank wire transfer.

  • Do I have to pay anything to Clone Algo Inc.?

    No. Clone Algo Inc. only sells the product B2B. Your broker will pay us our Technology Fee.

  • How will I know when you have received the funds?

    Broker will email with notification.

  • How long will it take for funds to show up in my account?

    Anywhere from 24 hours to 5 business days (depending on what bank or broker you are with.)

  • What currencies can I open an account in?

    Brokers mostly open accounts in US dollars.

  • How do I add funds to my account?

    You can add funds to your account anytime by contacting the broker at contact@algomarkets.com.

  • How many accounts can I have?

    You can have as many accounts as you want.

  • How do I open another account?

    Use the Clone Algo App and choose open account or contact Broker at contact@algomarkets.com.

  • What is the minimum account size?

    It is USD 5,000.00 (Five thousand only).

  • What is the maximum account size?

    There is no maximum limit for the account size.

  • How can I download the App for Android phone?

    You can download the mobile app from the Google Play Store.

  • Can I get the App on Apple iPhone?

    You can download the mobile app from iPhone App Store.

  • How do I download Clone Algo Desktop for Windows?

    You can download it from broker’s website www.algomarkets.com.

  • How do I log-in?

    Open the App, select “My Account” and enter your account number and password.

  • What if I forget my account number or password?

    You can contact the broker or send an email at contact@algomarkets.com.

  • How can I change the Algos on my account?

    Changing our Algo is possible once per month by contacting your broker.

  • How long does it take to change the Algo on my account?

    Once you notify us, it happens on the last weekend of the month.

  • When do I have to notify you to change the Algo on my account?

    Contact your broker.

  • How do I protect my account?

    Algo Shield protects your account from trading risks. The Algo Shield account is an insured account that provides trade risk protection. Top up is done by the insurance company if there is 30% drawdown. The capital is 100% guaranteed. The lock in period is for 24 months. Contact Broker for more details.

  • How does Algo Shield work?

    It insures against any loss in your account.

  • What is the maximum size of an Algo Shield account?


  • How much does Algo Shield cost?

    It is a fee added to your Algo trading volume. The cost is 90 cents for every US$100,000 traded.

  • Can I withdrawal money from an Algo Shield account?

    Different from a standard account, an Algo Shield account is locked in for 2 years. Please see your terms and conditions.

  • How do I withdraw money from my account?

    Contact your broker.

  • How often can I withdraw money from my account?

    Contact your broker.

  • How long does it take to withdrawal money from my account?

    Contact your broker.

  • When do I have to notify you to withdrawal money from my account?

    Contact your broker.

  • How do I close my account?

    Contact your broker.

  • How long does it take to close an account?

    Contact your broker.

  • When do I need to notify you by?

    Contact your broker.

  • What if I have a problem with the Clone Algo Mobile App?

    Contact your broker.