Every term,
in plain English.

A set of pre-defined rules a trading desk follows to decide when to enter a trade, how to size it, and when to exit. The algorithm is the strategy, written down as logic that a computer can execute. Nilgiris Money runs several algorithms — each one trades a specific instrument and risk profile.

The total amount of client capital a firm is managing or has authority over. For Nilgiris Money the relevant figure is the sum of all client trading-account balances connected to our tiers — money that we have a Limited Power of Attorney to trade against, but never to hold.

The way we describe our product: a bridge connecting a client's broker account to our trading desk. The connection comes in three tiers — Freedom, Multiplier, and Legacy — each one automated copy-trading at a different level of capital, profit-share, and depth of relationship.

The regulated company that holds your trading account, executes your trades, and is responsible for your funds. Brokers earn from the spread (the small difference between buy and sell prices) and sometimes from commissions. Your money sits with the broker — never with us.

The money in your trading account that's available to trade with. Sometimes called "risk capital" — money you've consciously set aside for investment, separately from the cash you need for living expenses, emergencies, or short-term obligations.

A type of derivative product where you bet on the price movement of an underlying asset (gold, an index, a currency pair) without actually owning the asset. CFDs are used widely on international platforms but are not generally available on Indian retail brokerages.

The technology that automatically mirrors trades from one trading account into another. When our trading desk opens a position, the copier reads it from our signal-provider account and replicates the same trade into yours, sized to your capital. Sub-second latency in practice.

The software that runs the copy-trading — the technical "bridge" between the signal-provider account on our side and the client accounts on the other side. Specifically: it monitors our account for new positions, calculates each client's proportional size, and places identical trades into each connected account.

Who legally holds your money. With a mutual fund, the AMC has custody. With a Nilgiris Money Bridge, the broker has custody and you alone can deposit or withdraw. We have permission to trade — not to move money.

The percentage your account is currently down from its previous peak balance. If your account peaked at $10,000 and is now at $8,500, your drawdown is 15%. Drawdowns are normal in any trading strategy — what matters is the maximum drawdown and how quickly the account recovers.

The market for trading currencies against each other — EUR/USD, GBP/USD, USD/JPY, XAU/USD (gold against the dollar). The largest financial market in the world by volume. Traded 24 hours a day, 5 days a week. Our algorithms primarily trade forex majors and gold.

The highest balance your account has ever reached. We only charge profit-share on gains above this number.

Example: You deposit $1,000. The account grows to $1,200. We charge 20% of the $200 gain = $40. The new HWM is $1,200. If the account then falls to $900, we charge nothing. When it climbs back, we still charge nothing — until it goes above $1,200. Only then does the next profit-share calculation begin.

A small payment a broker gives the firm that introduced a client to them. We earn IB rebates on every lot a client trades — win or lose. The rebate is a percentage of the broker's spread, not an additional charge on the client. It's how we earn alongside our profit-share.

A technical tool that calculates a value (e.g., trend direction, momentum, volatility) from historical price data and displays it as a line, bar, or signal on a chart. Our indicator catalogue contains the proprietary indicators our desk uses — available to clients who'd rather trade themselves.

The regulatory identification check brokers do before opening an account — usually PAN, Aadhaar, address proof, and a selfie. KYC happens with the broker, not Nilgiris Money. We never see your full ID documents.

A standard contract size in forex trading. One standard lot = 100,000 units of the base currency. Smaller variants: a mini lot is 10,000 units; a micro lot is 1,000. Position sizes on your account are always reported in lots (e.g., "0.04 lot of XAU/USD").

The legal document you sign that lets Nilgiris Money place trades on your behalf in your broker account — but does not let us deposit, withdraw, or move money. The authority is limited to trade execution, and is revocable at any time by you, with no notice required.

The RBI policy that allows every Indian resident to remit up to USD 250,000 per financial year outside India for permitted purposes — including capital investment via international brokers. LRS is the legal pathway that makes the Nilgiris Money Bridges accessible to retail Indian investors.

The world's most widely used retail forex trading platform — desktop, web, and mobile apps. Our partner brokers run MT5; our copy-trading infrastructure operates on it; our indicators are available as MT5 add-ons. If your broker uses MT5, you're already on our infrastructure.

The smallest standard price movement in a currency pair — usually the fourth decimal place (e.g., EUR/USD moving from 1.0500 to 1.0501 is one pip). Pips are how forex traders measure profit, loss, and spread.

The percentage of your new-high gains that goes to us. Freedom is 20%, Multiplier is 15%, Legacy is discussed privately. The percentage is calculated daily on the new high-water mark — see HWM.

A specific instruction generated by our trading algorithms — "open this position, this direction, this size, this stop." A signal becomes a real trade the moment the trading desk acts on it (or the copier mirrors it into a client account). Different tiers grant access to different signal streams.

The difference between the buy ("ask") and sell ("bid") price the broker quotes you. The spread is how brokers make money, and it's the same whether you're trading manually or via a Bridge. Nilgiris Money never adds anything to the spread.

An automatic instruction to close a position if the price moves against you by a specified amount. Stop losses are how we control downside on every trade — every position our desk opens has a stop attached before it's placed.

A cryptocurrency designed to maintain a 1:1 value with the US dollar. USDT moves between wallets globally in minutes, with no bank involvement. It's the rails most international brokers now use for deposits from Indian clients — faster and cheaper than a wire transfer, but with its own risks (network fees, scam wallets, exchange-rate slippage on conversion).

Common variants: TRC20 (Tron network, cheap fast), ERC20 (Ethereum network, more expensive), BEP20 (Binance Smart Chain). All three carry the same USD value; the difference is the underlying network.

How much an asset's price moves over a given period. High volatility means big swings (think gold during a Fed decision). Low volatility means quiet, narrow movement. Our position-sizing scales with volatility — bigger size when the market is calm, smaller size when the market is whipping around.