AlgoMerchant

What AlgoMerchant does

AlgoMerchant is a Singapore-headquartered multi-asset quantitative trading firm founded in late 2017 by Justin Tjoa (ex-Phillip Capital algorithmic trader), Ma Weitong (ex-CEO of Fraser Securities & Quant Asset Management) and Rein Chua (ex-Citigroup portfolio manager). The firm operates a dual-engine model: a proprietary trading arm executing algorithmic strategies across US, China and ASEAN equities and options using its own capital, and a technology and research arm providing AI-driven portfolio solutions to funds, family offices and individual traders within Singapore's financial ecosystem. Notable scale milestones include reaching $1 billion in annual trading turnover by 2019 and expanding from five to more than thirty proprietary algorithms.

Name

AlgoMerchant

Legal name

AlgoMerchant

Website

https://algomerchant.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

AlgoMerchant is a Singapore-based multi-asset quantitative trading firm that uses proprietary machine learning and signal detection theory to trade US, China and ASEAN equities for its own account while providing Custom AI, Bespoke Portfolio and TradersGPS technology to fund managers, family offices and retail traders.

Ownership category

akta.pro rank

Product category

Algorithmic and Quantitative Trading Software

NAICS

Securities and Commodity Exchanges (523210), Custom Computer Programming Services (541511)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Algorithmic Trading & Execution Platforms (FSAFANAN)

Keywords

• Quantitative trading
• Algorithmic trading systems
• AI trading signals
• Portfolio management software
• Trading education

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Proprietary Trading: Executes algorithmic strategies across US, China, and ASEAN equities and options markets using the company's own capital. Generates returns directly from trading profits.
2. Technology & Research Solutions: Provides expertise and technology solutions to funds, family offices, and individual traders enabling joint market ventures and profit-sharing opportunities.
3. Academy Education Courses: Retail education arm offering online courses for traders and investors. Courses include on-demand video content, market insight access, trading tools, and community membership.
4. Premium Subscription Services: Provides premium access to data insights, market outlook, and trade ideas through subscription model.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels10 records

Core offering

AlgoMerchant is a Singapore-based multi-asset quantitative trading firm that develops proprietary AI-driven trading strategies and trades them with its own capital across US, China, and ASEAN equities and options. It packages the underlying machine-learning signal technology into Custom AI and Bespoke Portfolio offerings for fund managers and family offices, and operates Algomerchant Academy — a separate consumer business delivering online courses (TradersGPS, Trend Following, AI for Stock Trading, etc.) to retail traders. The unifying core is a proprietary signal-detection AI engine that runs 30-50 alpha signals concurrently with automated execution and risk management.

Product overview

AlgoMerchant is a multi-asset quantitative trading firm and technology provider operating as a unified platform-plus-education architecture. The core offering consists of Custom AI (customized AI market expert for fund managers) and Bespoke Portfolio (AI-driven portfolio construction for multi-asset class trading across US, China, Singapore markets, options, ETFs, GOLD, and REITs), supported by the proprietary TradersGPS systematic trading system with position and swing strategy modules. The company also operates AlgoAcademy as its retail education arm, offering 10+ courses including Trend Following Master Class, Payout Strategy, Trend Channel techniques, Multi Trend Price-Action, Buy Low Sell High, MACD Deep Dive, Secret of Divergence, Fear Index Masterclass, Volatility Chart Masterclass, and AI for Stock Trading courses. The RoboInvesting Solution provides AI-driven investment automation combining technical, fundamental, and macro analysis. All offerings are grounded in proprietary alpha research, machine learning, and systematic trading strategies designed for systematic alpha generation across market regimes.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom AI A customized AI market-expert solution for fund managers that links millions of macro, fundamental, historical price, financial-report, news, and sentiment data points to produce insights for investment research, with customizable decision rules, scoring logic, scenario modeling, and continuous feedback tuning.
• Bespoke Portfolio An AI-driven portfolio construction and execution service for fund managers, family offices, and professional traders, covering US, China, Singapore stocks, options, ETFs, GOLD, and REITs with customizable reward-to-risk profiles defined via Sortino Ratio, Max Drawdown, target return, and volatility targets.
• TradersGPS Systematic Trading System A cloud-based systematic trend-following trading system that combines a market screener with arrow-signals for entry/exit, peak and trough position-exit lines, and positional and swing trading algorithms for short- and long-term profit generation, designed for traders who want to succeed with limited market-predicting knowledge.
• RoboInvesting Solution An AI-driven robo-investing platform from AlgoMerchant that combines technical, fundamental, and macro analysis beyond human capability to automate investment decisions.
• Foundation of Systematic Trading Program A flagship Academy training program covering stock selection, entry/exit timing, allocation, risk management, and wealth preservation, validated over more than ten years across thousands of traders.
• Trend Following Master Class (Series I) A complete trend-following training that teaches a proprietary stock-picking framework, price-pattern execution, and systematic-process creation to generate returns between 15% and 50% per successful trend formation.
• Payout Strategy for Consistent Income (Series II) A trading-technique course teaching the proprietary Payout methodology to earn consistent income across bull, bear, and sideways market conditions without requiring market prediction.
• Mastering the Essence of Trend Channel (Series I) A proprietary trend-channel drawing technique course that helps traders predict stock movements by mapping and reading market opinions and noises.
• Multi Trend Price-Action (Series II) An advanced multi-trend price action course teaching macro and micro chart analysis, multi-trend channel drawing, corrective wave identification, and stochastic-indicator application for precise entry/exit timing.
• Buy Low Sell High A data-driven short-term trading study, based on 14 years of market history, that examines buying at market dips versus buying at breakouts to reveal where the statistical edge lies.
• MACD Deep Dive An evidence-based analysis course that tests MACD crossover strategy effectiveness against historical market data and compares results against random-entry approaches.
• Secret of Divergence An algorithmic approach to quantifying Price-Momentum divergence using linear regression for objective trend identification, tested across 500 S&P 500 stocks over 14 years.
• Fear Index Masterclass A course on using the CBOE Volatility Index (VIX) to identify market fear, distinguish implied from realized volatility, and anticipate volatility spikes during uncertainty periods.
• Volatility Chart Masterclass A practical framework course on understanding market fear and volatility through S&P 500 daily volatility analysis, distinguishing 1% and 2% daily moves, and building volatility charts using Yahoo Finance data.
• Introduction to A.I. for Stock Trading A foundation course explaining AI concepts in stock trading, robot-investing versus other robotic solutions, machine learning for market analysis, and the Viki Long-Short AI strategy.
• Application to A.I. for Stock Trading An advanced course on building and applying real AI models to generate consistent trading performance, covering signal extraction from noisy data, in-sample/out-of-sample validation, and AI customization for different risk appetites.

Quantifiable outcome

• $1 billion annual trading turnover achieved in 2019
• +6 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Nanyang Technological University (NTU)coreStrategic or Co-development Partner · 1 January 2017Early work received support from NTU in developing machine learning applications for financial markets. This academic partnership helped establish AlgoMerchant's research foundation in applying AI to trading.
• Media Development Authority of SingaporecoreStrategic or Co-development Partner · 1 January 2017Early development and research initiatives supported by Singapore government agency for media and technology development.
• UOB Asset ManagementcoreStrategic or Co-development Partner · 1 January 2017Early support from CEO of UOB Asset Management in developing the company's AI trading approach and gaining institutional credibility.
• Fund Management Companies (>$1B AUM)coreStrategic or Co-development Partner · 1 January 2017Initial traction through collaboration with select fund management companies handling over $1 billion in AUM. These partnerships provided early validation and market access.
• Facebook (TradersInvestorCommunity)minorGTM or Marketing PartnerCommunity platform for traders to receive educational content, live trading demonstrations, workshops, and networking opportunities.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• QuantConnect: Cloud-based algorithmic trading platform that lets quants design, backtest, and deploy strategies across multiple asset classes. AlgoMerchant overlaps directly in providing systematic/algorithmic trading infrastructure combined with education and signal research.
• Numerai: AI-powered hedge fund that crowdsources machine-learning models from data scientists worldwide to generate trading signals. Directly comparable to AlgoMerchant's approach of using ML on multi-source market data to drive systematic alpha.
• TradeStation: Online brokerage and trading platform offering advanced charting, algorithmic trading, and extensive trader education content. Closely matches AlgoMerchant's combination of systematic trading tools (TradersGPS) and retail education (Academy).

Broad incumbents

• WorldQuant: Large global quantitative investment firm operating alpha research platforms (WorldQuant BRAIN) and managing capital across global markets. Overlaps with AlgoMerchant's proprietary trading plus signal research and platform offerings, but at significantly greater scale.
• MetaTrader (MetaQuotes): Widely-used retail algorithmic trading platform supporting expert advisors, custom indicators, and signal services. Comparable as a systematic trading platform, though AlgoMerchant differentiates with proprietary AI signal research and live trading execution.
• Citadel Securities: Global market-making and quantitative trading firm executing across equities, options, and fixed income. Represents the scaled incumbent that AlgoMerchant competes with in proprietary algorithmic trading, though at vastly greater capital and technology scale.
• Interactive Brokers: Large multi-asset brokerage providing sophisticated trading tools, algorithmic execution, and educational resources to active traders and institutions. Comparable breadth of offering to AlgoMerchant's combined trading + education platform, but at incumbent scale.

Emerging players

• Tastytrade (IG Group): Financial media and brokerage network producing high-volume educational content on options and systematic strategies. Aligns with AlgoMerchant Academy's model of monetizing retail trader education through content and tooling.
• Alpaca: Commission-free API-first brokerage enabling algorithmic and AI-driven trading by developers and fintechs. Comparable to AlgoMerchant's algorithmic execution capabilities, though Alpaca is infrastructure-only while AlgoMerchant combines execution with proprietary signal IP.

Regional players

• Endowus: Singapore-based digital wealth and robo-advisory platform combining institutional portfolios with mass-affluent distribution. Relevant as a regional fintech peer operating AI-enabled investment solutions in Singapore's ecosystem, though focused on wealth management rather than proprietary systematic trading.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/algomerchant
• LinkedInlinkedin.com/company/algomerchantsg
• Instagraminstagram.com/algomerchant_

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AlgoMerchant