Idatco charges a transaction fee of 0.25% on each executed trade. This fee is automatically deducted from your balance once the total fees owed to Idatco reach ten units of the respective currency (e.g., $10, R10, or 10 XRP).

Please note that Idatco’s transaction fee is separate from—and in addition to—any transaction, funding, withdrawal, or sending fees charged by the supported exchanges. For detailed information on those fees, kindly refer to the respective exchange websites.

When Idatco reports your trading results, the numbers provided are typically “net-net” amounts—reflecting what you received from a trade after all other fees have been accounted for.

Please note that if an order is cancelled by the user or the system (and has already been placed on the order book), the user will still be charged a usage fee.

While there is no minimum amount required to trade on Idatco, many traders typically maintain a float of around $200 worth of XRP in their wallets across the exchanges they connect to.

Trading performance may be influenced by minimum fee deductions applied by exchanges, especially when balances are very low.

Traders often hold a mix of currencies, with some choosing to allocate a higher percentage to fiat currencies and a portion to XRP, frequently keeping XRP in wallets on the Xago exchange.

There is no maximum limit on the amount of funds that a user can trade on Idatco.

Presently, Idatco supports the digital/tethered versions of AUD, USD, USDT, USDC, EURO, GBP, NGN and ZAR, alongside the XRP cryptocurrency from Ripple.

Our platform is continuously expanding its supported currencies, with upcoming plans to include BTC, ETH, SOL, and ADA cryptocurrencies. Stay tuned for further updates on our expanding currency support.

Idatco currently supports the Kraken, VALR, Luno and Xago exchanges. The company plans to add support for additional exchanges.

Registered users will be notified when a new exchange is added to Idatco’s supported list.

The profit potential for Idatco users depends on several factors, including prevailing market conditions, the specific trading strategies employed, the amount and types of funds in use, and each user’s execution of trades. As a result, individual profit outcomes can vary significantly based on market volatility, the effectiveness of chosen strategies, and the user’s ability to monitor and adjust their approach as needed.

Some successful Idatco traders enable others to replicate their trading methods by sharing files containing clusters of potentially hundreds of simultaneous trading strategies, which can be uploaded and implemented by other users. However, it is important to understand that users who engage in copy trading do so at their own risk. Careful consideration should be given before modifying any strategies within these trading clusters, as changes may lead to unintended losses.

For best results, users are encouraged to thoroughly review and understand any copied strategies and to exercise caution when making adjustments to ensure alignment with their own risk tolerance and trading objectives.

To execute Idatco trading strategies, you need to fund your exchange wallets on the various exchanges you use. You never fund Idatco directly.

Idatco automatically executes your selected trading strategies using the funds held in your exchange wallets. Therefore, the capital traded by Idatco consists solely of the funds you deposit into your wallets.

You can fund any of your wallets across your exchange accounts and specify how you want Idatco to allocate and distribute those funds across all your wallets.

The funds Idatco trades are funds in your wallets in your exchange accounts.

You can therefore withdraw those funds from any of your wallets on any of your exchange accounts at any time, in accordance with the T&Cs of the exchanges in question.

Idatco scans the exchanges for trading opportunities on a 24/7/365 basis.

Deployment Rates

On Idatco, “deployment” for momentum trades refers to the rate or frequency at which your selected momentum trading strategies are executed using your funds across your connected exchange wallets. Users can set deployment rates—typically between 1 and 4—which control how aggressively or frequently Idatco places momentum trades on their behalf.  These can be adjusted at any time to meet changing market conditions or trading objectives).

Higher deployment rates mean more frequent or larger trades based on momentum signals, while lower rates mean fewer or smaller trades. This setting allows users to tailor trading activity to their risk tolerance and market conditions. The actual trade frequency also depends on market liquidity, order sizes, and your chosen deployment rate.

Idatco allows users to segment larger orders into smaller sized ones to maintain the integrity of trading strategies and avoid order fragmentation. This approach enables the placement of multiple smaller orders that can fill more rapidly in sequence, taking advantage of favorable market movements, and it also minimizes the size of losses possible from unfavorable trades.

The actual trading frequency, therefore, can vary significantly based on the market conditions, the size of the orders you’re placing, and how you’ve set your deployment rates.

In summary, deployment on Idatco for momentum trades is the configurable parameter that governs how often and how intensively your momentum trading strategies are put into action automatically by the platform. This helps optimize trade execution and manage exposure according to your trading objectives.

Circular trading in the context of Idatco’s operations refers to a trading mechanism that combines arbitrage and momentum trades in a cyclical process to capitalize on price differences across different markets or exchanges.

Here’s a breakdown of how it works:

1. Arbitrage Trades: These trades exploit the price discrepancies of the same asset across different exchanges. For instance, if XRP is priced lower on Exchange A than on Exchange B, an arbitrage trader would buy XRP on Exchange A and sell it on Exchange B, profiting from the price difference.
2. Momentum Trades: These trades are based on the assumption that an asset price that is moving in a particular direction will continue to move in that direction for a certain time. Momentum traders aim to buy assets when they are moving up in price and sell when they start to move down.
3. Circular Trading Process: Idatco’s platform uses these two trading strategies in a circular or reciprocating manner. The profits from arbitrage trades are used to enter into momentum trades.The returns from momentum trades then replenish the funds for future arbitrage trades, creating a continuous cycle of trading that aims to maximize gains from both types of trading strategies.

The essence of circular trading is to create a perpetual gain engine, where the execution of one type of trade facilitates the other, thus potentially increasing the combined value of a user’s currency holdings continuously over time.

This approach is designed to take advantage of the inherent volatilities and inefficiencies in the digital currency market, providing a systematic method for fund growth.