Frequently Asked Questions

Outline

1- General & Trading Algorithms

2- Education Courses

3- Partnership Program

4 – Return Policy

5- How To Purchase The Next Tick Algo Bot or Education?

1- General & Trading Algorithms

What is algorithmic trading and how does it work?

Algorithmic trading (or “algo-trading”) uses computer programs to execute trades automatically based on predetermined criteria such as price, timing, or volume. These systems analyze market data and place orders when specific conditions are met, operating much faster and more consistently than manual human intervention.

Do I need programming skills to use your algorithms?

No, our trading algorithms are designed for retail customers and do not require coding knowledge. While many professional systems are built using languages like Python or$C++$, our tools provide a user-friendly interface where the logic is already embedded.

Is algorithmic trading legal?

Yes, algorithmic trading is legally provided globally; it is conducted through regulated brokers and does not involve manipulative practices like “front-running” or creating a false sense of market liquidity. Users are responsible for ensuring their specific use case complies with local financial regulations.

How much capital do I need to get started?

There is often no strict minimum to use the software itself, and many retail platforms allow you to start with a few hundred dollars. However, we recommend having enough capital to allow for proper risk diversification and to cover any brokerage fees.

How I can be sure The Next Tick algo bot will serve me well?

Every user has its own expectations. We strongly recommend you consult us first before you purchase. This is free of charge service.

Can you guarantee that I will make a profit?

No. Trading financial instruments involves a substantial risk of loss. While algorithms remove human emotion from the execution process, they cannot eliminate market risk. Past performance of any strategy never guarantees future results.

2 – Educational Courses

Are the courses suitable for beginners?

Yes, our educational programs are structured to guide you from the basics of financial markets to advanced automated trading strategies. We focus on practical education rather than just theoretical concepts.

Do I get a certificate upon completion?

We provide a certificate of attendance to acknowledge your completion of the curriculum; however, please note that these are for educational purposes and do not constitute a formal professional qualification or degree for employment in the financial industry.

What is your refund policy for digital courses?

Due to the instant nature of digital delivery, all sales for online courses and software are final once access has been granted. Under standard digital content rules, your right to a cooling-off period expires the moment the download or stream begins with your consent.

3- Partnership Program

How does the partnership program work?
The Next Tick Partnership Program allows you to earn commissions by referring new clients who purchase our trading bots. Once your application is approved, you will receive a unique tracking link or code. Any qualifying purchases made through your referrals will generate commission for you according to the commission structure below.

What do I need to become a Partner?

Application Review
After you submit your application, we will review your profile, audience, and marketing approach. If your application is accepted, we will invite you to a short onboarding call.
Onboarding Call (Optional but Recommended)
During this call, you can ask questions about the partnership model, commissions, marketing guidelines, or anything related to promoting The Next Tick products.
KYC Verification
Before activating your partnership, we will complete a simple KYC (Know Your Customer) process to verify your identity.
Partnership Agreement
Once KYC is approved, we will sign a Partnership Agreement and activate your partner account. From that point onward, you can start promoting and earning commissions.

Commission Structure

All commissions are calculated on the net product value, which is the product price after a 20% tax deduction. For example, for a $349 product:

Net product value: $349 − (20% of $349) = $279.20
Commissions at each level are calculated on $279.20.

LEVEL 1: Starter (Sales 1–5)

Commission Rate: 20% of net product value
Example: Avalanche Bot at $349 → $279.20 net → $55.84 commission per sale

Your commission level is based on the total number of successful sales within a rolling 60-day period. This window moves continuously – at any point in time, we evaluate your most recent 60 calendar days of sales.

From your 1st to 5th sale within the rolling 60-day window, you remain in Level 1 and earn 20% commission per sale.

LEVEL 2: Growth (Sales 6–10 within a rolling 60-day window)

Commission Rate: 30% of net product value
Example: $279.20 net → $83.76 commission per sale

Entry Condition:
You move to Level 2 once you have achieved at least 5 successful sales within your most recent rolling 60-day period and a total of 6–10 sales within that same 60-day window.

Maintenance Rule:

To remain at Level 2, you must maintain at least 5 successful sales in each rolling 60-day window.
If your total sales in the last 60 days fall below 5, your commission rate reverts to Level 1 (20%).

(Note: Commissions at the higher rate apply to sales from the moment you qualify for the new level onward, not retroactively.)

LEVEL 3: Partnership (Sales 11+ within a rolling 60-day window)

Commission Rate: 40% of net product value
Example: $279.20 net → $111.60 commission per sale

Entry Condition:
You move to Level 3 once you have achieved at least 10 successful sales within your most recent rolling 60-day period and a total of 11 or more sales within that same 60-day window.

Maintenance Rules:

If your total successful sales in the most recent 60-day window are:
- 10 or more: You stay at Level 3 (40%).
- Between 5 and 9: You revert to Level 2 (30%).
- Below 5: You revert to Level 1 (20%).

You can move back up to a higher level at any time once you again meet the relevant sales thresholds within a rolling 60-day period.

(Important: Make the “rolling 60-day” concept explicit once in your FAQ with examples.)

How are commissions paid?

EU Partners:
For partners located in EU countries, commission payments are typically made via bank transfer.
International Partners (Non-EU):
For international partners, we primarily use cryptocurrency payments. Supported options and wallet details will be shared during onboarding.

Commission payouts are processed on a weekly basis, subject to completion of required compliance checks. When the sale is completed and product is successfully activated, you will receive the payment in the next payment cycle (every Friday).

Rules for Promoting Our Products

To protect both our partners and our clients, all partners must follow these rules when promoting The Next Tick products:

Transparency & Disclosure
You must clearly disclose that you may receive compensation for referrals, in line with advertising and regulatory guidelines (for example, using labels such as “#ad”, “sponsored”, or equivalent disclosures).
No Misleading Claims
You may not make any misleading or exaggerated claims, including but not limited to:
- “Guaranteed profits”
- “Risk-free trading”
- “No drawdowns” or similar absolute assurances
Accuracy and Fair Representation
All performance-related statements must be:
- Honest and not cherry-picked or manipulated
- Clearly labeled as backtested or live results, if mentioned
- Accompanied by a clear risk disclaimer where relevant

Violation of these rules – especially any form of deceptive marketing or false performance claims – may result in immediate termination of the partnership and forfeiture of unpaid commissions.

4 – Return & Refund Policy

Our trading bots and educational materials are digital products provided immediately upon purchase. Due to their nature, they cannot be returned or refunded under any circumstances.

Your Responsibility Before Purchase

Before purchasing any trading bot or educational product, you are responsible for:

Contacting our team to verify that the product is suitable for your trading style, account size, market conditions, and risk tolerance.
Testing our trading algorithms using the complimentary 5-day backtest version we provide. This allows you to evaluate the bot’s performance on historical data before committing to a purchase.
Understanding the product specifications, including which markets it trades, timeframes, parameter settings, hardware requirements, and any limitations.

The 5-Day Backtest Trial

We provide a free 5-day backtest version of our trading algorithms before you purchase. During this period, you can:

Run backtests on historical data
Test the bot with your own market data and parameters
Verify compatibility with your MT5 platform
Make an informed decision about whether to purchase

After 5 days, the backtest version expires. You may request an extension if you need additional evaluation time.

Note: The backtest version is purely for your evaluation. Performance during backtesting does not guarantee future results, and we do not offer refunds based on backtest outcomes.

All Sales Are Final

Once you purchase a trading bot license or educational material:

No refunds will be issued under any circumstances
No returns or exchanges are available
No exceptions – this applies regardless of performance, expectations, or market conditions

This policy applies whether you’re unsatisfied with performance, changed your mind, or decided the product isn’t suitable for your strategy.

5- How Do I Purchase The Next Tick Algo Bot or Education?

What is The Next Tick Algo Bot?

The Next Tick Algo Bot is a professional MetaTrader 5 (MT5) Expert Advisor designed to automate trading strategies for algorithmic traders. Each bot is personally licensed to a specific trading account to ensure security, compliance, and prevent unauthorized sharing.

How Is My Bot Tied to My Account?

Account Binding Technology:

Your bot uses advanced account verification technology to bind the Expert Advisor to:

Your Account Number (unique 8-10 digit identifier from your MT5 broker)
Your Account Name (as registered with your broker)

This means:
✅ Only you can use your purchased bot on your specific account
✅ The bot will not function on any other account
✅ Your bot is protected from sharing or resale by unauthorized parties
✅ You maintain full exclusivity of your trading algorithm

How Does This Work?

When you start the EA on your MT5 account, it automatically:

Reads your account number and name from MT5
Compares this information against the authorized data stored in the bot
Confirms the match
Begins trading operations

If the account information doesn’t match → The bot displays a message and stops functioning. This is a security feature, not an error.

What Information Do I Need to Provide During Purchase?

When you purchase The Next Tick Algo Bot, you’ll need to provide:

At Checkout:

Your Full Name (as it appears in your trading account)
Your MT5 Account Number (the 8-10 digit account ID from your broker)

Example:

Name: John Smith
Account Number: 12345678

We use this information to create a personalized version of the bot specifically for your account.

What Happens After I Pay?

Delivery Process:

Payment Confirmed → We receive your transaction via [Payoneer/Stripe/Crypto]
Bot Customization → Your bot is compiled with your specific account number and name embedded
Email Delivery → Within 24 hours, you receive:
- The .ex5 file (compiled Expert Advisor)
- Installation instructions
- User manual and documentation
- Support contact information
Installation → You download the bot file and place it in your MT5 Experts folder
Activation → Attach the bot to your preferred currency pair on your MT5 chart
Verification → The bot automatically verifies your account and begins operations

Is It Really Possible to Bind an EA to a Specific Account?

Yes, absolutely. This is a standard security practice in the fintech and trading software industry.

Technical Details:

MT5 provides built-in account verification functions that allow developers to:

Read account number: AccountInfoInteger(ACCOUNT_NUMBER)
Read account name: AccountInfoString(ACCOUNT_NAME)
Verify against stored license data

Our bot uses one of four industry-standard account binding methods:

The binding includes:

✅ Account number verification
✅ Account name verification
✅ Expiry date/license term (if applicable)
✅ Demo vs. Live account restrictions (if applicable)

Can I Use My Bot on Multiple Accounts?

Short Answer: No, each bot license is tied to two specific account only.

Why?

Ensures fair licensing (you pay once, use on one account)
Protects our intellectual property
Prevents unauthorized resale
Maintains system security and stability

If You Want to Use Multiple Accounts:

You have two options:

Purchase Additional Licenses — Buy separate bot licenses for each account (discounted bulk pricing available)
Contact Support — We can discuss multi-account licensing arrangements for institutional traders or fund managers

What If I Change Brokers or Trading Accounts?

If You Switch Accounts:
You’ll need a new bot license for your new account. If you want to change your broker you need to contact our support team at: support@thenexttick.com

Is This Account Binding Secure?

Yes, we use enterprise-grade security.

Security Measures:

✅ Account verification occurs locally — Your bot checks your account data directly on your MT5 platform
✅ No sensitive data sent externally — Your credentials stay on your machine
✅ Encrypted licensing keys — Account binding uses industry-standard encryption
✅ Expiry date protection — License can be set to expire after a specified period

Privacy Note: We collect your account number and name only for the purpose of creating your personalized bot. This information is never shared, sold, or used for any other purpose.

What If I Share My Bot File with Someone Else?

In this situation you would invalidate the terms and conditions of your purchase. It won’t work on their account.

If someone else tries to use your bot:

They install the .ex5 file on their MT5
They attach it to a chart
The bot checks their account number and name
It doesn’t match the stored data
The bot displays a security message and stops functioning

Their Options:

They purchase their own bot license for their specific account
It’s literally the only way to use The Next Tick Algo Bot

What’s the Technical Method You Use?

We use a combination of account verification methods for maximum security:

Method 1: Simple Account Verification

Account number and name are compiled directly into the EA code
Automatic comparison at startup
No external dependencies

Method 2: Remote License Server

Server database stores authorized accounts
Bot periodically verifies license status online
Allows instant license revocation if needed
(Available for advanced licensing arrangements)

Method 3: MQL Lock Builder

Professional EA protection tool
Account number + expiry date locking
Industry-standard protection

All methods ensure your bot:

✅ Only works on your account
✅ Cannot be used by unauthorized parties
✅ Maintains your exclusive trading advantage

What Payment Methods Do You Accept?

We accept multiple payment methods for your convenience:

💳 Credit/Debit Cards (Visa, Mastercard, Amex)

Via Stripe payment gateway
Instant processing
Secure encryption

💰 Payoneer

Direct transfer to our Payoneer account
Low fees
Global availability

₿ Cryptocurrency

Bitcoin (BTC)
Ethereum (ETH)
Solana (SOL)
Tether (USDT)
Plus 300+ altcoins
Via NOWPayments processor

🏦 Bank Transfer

SEPA transfers (Europe)
Direct bank-to-bank
Best for large orders

Choose your preferred payment method at checkout.

Can I Get a Discount for Multiple Licenses?

Yes!

Bulk Pricing Available:

2-3 licenses: 10% discount
4-5 licenses: 15% discount
6+ licenses: 20% discount

Ideal for:

Traders managing multiple accounts
Investment funds
Prop trading firms
Traders with multiple brokers