Frequently Asked
Questions
Everything you need to know about Algomaya \u2014 from getting started to Premium features and pricing.
What is Algomaya?
Algomaya is an AI-powered algorithmic trading education app available free on Android. It provides $100,000 in virtual capital for paper trading US stocks and crypto using real-time market data with zero financial risk. The app includes over 50 pre-built trading algorithms covering RSI, MACD, Bollinger Bands, SMA, EMA, and ML-based strategies, along with 30+ step-by-step tutorials, a visual strategy builder, a backtesting engine with historical data, automated trading bots, AI-generated trade signals, and structured courses organized by difficulty level. Users learn algorithmic trading by building, testing, and running strategies on live markets without risking real money. Algomaya is designed for beginners through advanced traders looking to master quantitative trading concepts.
Is there a free plan?
Yes, Algomaya offers a generous free plan with no credit card required. Free users get 1 algorithm and 1 tutorial per category (Beginner, Intermediate, Advanced, ML-Based), 3 structured courses, 1 trading bot, 5 watchlist stocks, and 3 AI chat messages per day. You also get full access to paper trading with $100,000 virtual capital, real-time market data for 150+ markets, the daily quiz for earning XP, community forums, and the leaderboard. The free plan is designed to let you explore algorithmic trading fundamentals and decide if upgrading makes sense for your learning goals.
Do I need trading experience to use Algomaya?
No prior trading experience is needed. Algomaya is designed for absolute beginners and uses structured learning paths that progress from basic concepts to advanced algorithmic strategies. You start with beginner-level tutorials covering market fundamentals, order types, and basic technical indicators like moving averages. As you advance, you learn intermediate concepts like RSI, MACD, and Bollinger Bands, then progress to advanced strategies including mean reversion, momentum trading, and ML-based pattern detection. Each concept includes hands-on practice through paper trading, so you apply what you learn immediately using real market data. The AI chat assistant Maya is available to answer questions and explain concepts at any point.
Can I lose real money on Algomaya?
No, you cannot lose real money on Algomaya. The app uses paper trading exclusively, meaning all trades are simulated using virtual capital with a $100,000 starting balance. You trade against real-time market data from US stock exchanges (NYSE, NASDAQ) and crypto markets, experiencing authentic market conditions including price movements, volatility, and order execution — but no actual money changes hands. This lets you practice algorithmic trading strategies, test your backtests in live conditions, and build confidence without any financial risk. Algomaya is not a brokerage and does not connect to real trading accounts. It is purely an educational and simulation platform for learning algo trading.
What strategies can I build on Algomaya?
Algomaya supports a wide range of algorithmic trading strategies organized across four difficulty levels. Beginner strategies include SMA Crossover, EMA Crossover, RSI Overbought/Oversold, MACD Signal Line, and Bollinger Band Bounce. Intermediate strategies cover multi-indicator combinations like RSI + MACD, Stochastic Oscillator, Donchian Channel Breakout, ATR Trailing Stop, Volume Profile, Keltner Channel, and Parabolic SAR. Advanced strategies include Ichimoku Cloud, Moving Average Ribbon, Z-Score Mean Reversion, Pivot Points, Gap Trading, and Volume-Confirmed Breakouts. ML-Based strategies feature AI Pattern Detection, AI Signal Generation, and Sentiment + Technical Fusion. Every strategy can be backtested on historical data and deployed as an automated paper trading bot.
Is Algomaya available on iOS?
Algomaya is currently available on Android through the Google Play Store. An iOS version is planned for a future release. The Android app works on phones and tablets running Android 8.0 (API level 26) and above. You can download it for free from Google Play and start paper trading immediately. The app receives regular updates with new features, algorithms, tutorials, and market data improvements. Meanwhile, the Algomaya website at www.algomaya.com provides educational blog content, strategy guides, and learning resources accessible from any device including iPhone and iPad.
How is learning content organized?
Algomaya organizes all learning content by difficulty level: Beginner, Intermediate, Advanced, and ML-Based. Algorithms cover technical indicator strategies from simple moving averages to complex machine learning models — each with a detailed tutorial explaining the theory, the math, and practical application. Tutorials provide step-by-step guides for trading concepts, chart analysis, and platform features. Structured courses combine multiple lessons into progressive learning paths with assessments. Each category has a separate track so you can focus on what interests you — whether that is technical analysis fundamentals, options trading, or building AI-powered strategies. A daily quiz tests your knowledge and earns XP points, while certificates recognize completion of major learning milestones.
Can I cancel Premium anytime?
Yes. Algomaya Premium is a subscription managed through Google Play. You can cancel at any time from your Google Play subscription settings — go to Google Play Store > tap your profile icon > Payments & subscriptions > Subscriptions > Algomaya. After cancellation, you retain Premium access until the end of your current billing period. Your portfolio, trade history, watchlist, journal entries, and bot configurations are all preserved. If you re-subscribe later, everything picks up where you left off. There are no cancellation fees, no lock-in contracts, and no hidden charges.
Still have questions?
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[email protected]Disclaimer: Algomaya is an educational platform only. All trading is paper trading with virtual money. Algomaya is not a SEBI-registered investment adviser.