ClickAlgo’s Founder Paul Hayes Talks Trends of cTrader Plugins

Paul Hayes is the founder at ClickAlgo and his primary role is to identify business opportunities to expand the business and promote their products and services.

ClickAlgo is a UK based financial solution provider who specializes only in the cTrader platform, helping customers create automated and semi-automated trading strategies, indicators and smart trading software tools for out-of-the-box trading.

Paul joins Fazzaco today to give more introduction about ClickAlgo and share his opinion on cTrader plugins.

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Fazzaco: Could you give us a short history of ClickAlgo, its product offerings, target clients etc?

Paul: The company started in 2015 after identifying a market for trading tools and a custom development service for the cTrader trading platform. It has since expanded to now offer 100's of high-quality trading products from automated trading system, risk management tools to custom indicators. The site now has a wealth of knowledge to help both new and experienced traders in their journey to become full-time traders.

We target all customers who wish to start using the cTrader platform as well as customers who have been with us for many years.

Fazzaco: What needs does the company aim to meet?

Paul: We aim to provide only the best trading tools on our marketplace so the customer has a choice of the most useful tools to help them with their trading. We always put the customer first and focus on their needs, we understand that if the customer succeeds in their trading so we will also succeed.

Fazzaco: How do you see the automated trading? Will automated trading end up replacing manual trading?

Paul: It is our belief that automated trading will not replace manual trading, but instead work in unison, some of the best examples of an automated system for retail traders is where repetitive tasks especially 24-hour task can be performed by an ATS (Automated trading system) instead of a human, fully automated trading systems will still need human interaction. institutional mechanical systems are a different story with dark pools and high frequency trading.

Fazzaco: As statistics from your website, which trading tool is the most popular among retail traders at present?

Paul: Some of our most popular trading tools are actually a few of our products like the Smart-Grid & Neptune trading systems and an indicator like the Risk & Reward Tool.

The name ClickAlgo originated from the word Click which refers to how the trader uses mouse and Algo for algorithmic trading.

Fazzaco: How about developments and challenges your company has faced amid the pandemic?

Paul: We saw a large increase in website visitors and new customer registrations throughout the pandemic as well as an increase in sales, many people had more time on their hands and are looking at alternative methods of generating an income from home.

Fazzaco: What is the role of forex education for brokers and retail clients?

Paul: In my view providing education for customers of all levels is especially important, the more tools we give the trader the higher the chance they will become a consistent trader and a long-term customer.

Fazzaco: What upcoming trends do you see emerging and making an impact on forex industry in the next few years?

Paul: We see more and more companies starting to become more transparent and less and less scams, so that the retail Forex industry becomes more of a profession.