Rule-based trading, inside limits you set.
NYOTA is a trading platform being built by Naintu in Kenya. With each trader's consent, it runs the trader's chosen rule-based strategies on their own broker account.
What it does
- Connects to a trader's cTrader account only after the trader signs in and grants access. NYOTA never asks for the trader's password.
- Reads the account's balance, equity and margin, so every trade stays within the allocated capital and daily loss limit the trader sets.
- Places, amends and closes orders for the strategies the trader has chosen, and checks each one before it reaches the broker.
- Every order carries a stop-loss at the broker. The trader can stop trading at any time.
Where it stands
NYOTA is not open to the public. It is being tested on demo accounts only, and it does not take on clients or manage anyone's money.
Risk warning
Trading foreign exchange and gold on margin carries a high level of risk, and most retail traders lose money. You can lose more than you expect. Past or simulated results do not predict future results. Nothing on this site is investment advice or an offer of a service.