Jaaims - the automated online trading platform allows you to trade shares from popular international markets by using our advanced AI technology. All you need to do is connect your broker account, choose your portfolio and Jaaims will do the rest, opening and closing trades even while you sleep.
HOW CAN WE HELP?
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Frequently asked questions
Getting Started with Jaaims
HOW DO I CREATE AN ACCOUNT WITH JAAIMS?
To create an account, you will need to sign up online through our website. You can save the webpage to your mobile device's home-page until our app is available in the app store.
HOW CAN I VERIFY MY ACCOUNT?
Your account will require three verifications which are all handled within the application. The first step is to verify your mobile number - we’ll send you a verification code in an SMS text message which you will copy over to the Jaaims mobile application.
The second step is to verify your e-mail address. Upon sign up, we’ll send you a verification link in an e-mail. Click the link within the email. This does not need to be done immediately, however does need to be completed before the trial period ends.
The final step is to complete a mandatory anti-money laundering (AML) check in line with our compliance requirements and obligations under our Australian Financial Services Licence and the Anti-Money Laundering and Counter Terrorism Financing Act 2006. Our Compliance team will contact you if they need clarification on your application. You will receive an e-mail when your AML check is complete.
IS THERE AN APP IN THE APPLE AND ANDROID STORES?
Our iOS app is ready for download in the App Store.
Our Android app is currently still pending approval. In the interim, you can access the Jaaims trading platform using a mobile web browser, which offers the same experience as an app.
WHAT DEVICES ARE JAAIMS AVAILABLE ON?
Jaaims is a mobile only application and will not work on a desktop web browser.
Jaaims works best on iOS and Android. Other operating systems support Jaaims, however, can not offer the same level of experience as iOS and Android do while using Jaaims.
DOES MY CREDIT CARD GET CHARGED WHEN I SIGN UP?
If you sign up for a trial, you do not need to add your credit card details.
Your credit card is charged when you sign up to one of our subscriptions (Starter, Standard, and Professional (coming soon)).
We verify your nominated credit card using Stripe.
Once your trial period is over and continue to use Jaaims, or if you choose one of our plans during your trial, you will then be charged automatically.
If you do not wish to proceed past your trial, please contact Customer Service to cancel your subscription.
NOT GETTING PASSWORD RESET EMAILS
If you are not receiving a reset email, either your email address has changed, or your email has not been verified. To rectify this, please contact our Customer Support team on (02) 7908 0292 or email our support team on email@example.com and we will get this fixed for you.
HOW DO I RESET MY PASSWORD?
Simply launch the application and tap “Forgot password?”, which is located beneath the pink sign up button. Then, enter your mobile phone number in the space provided and tap “send”.
We will send you a password reset link to your e-mail address that is linked to your Jaaims account. Follow the prompts and you’ll be able to reset a new password.
HOW DO I CHANGE MY MOBILE NUMBER?
Tap the “Menu” tab, which is located on the bottom right corner of the Jaaims mobile application. Tap “Profile” to open the profile page. In the mobile number fields you can add your mobile number.
For security reasons, we will send you an SMS text message asking you to verify your mobile number. Complete this step and you’re all set!
HOW DO I CHANGE MY EMAIL ADDRESS?
In the menu tab press “Profile”. Here you can remove or edit your e-mail address. Press “Update”.
For security purposes, we will send you an e-mail asking you to verify your e-mail address. Simply press “verify password” to complete this process.
HOW DO I CHANGE MY SUBSCRIPTION TYPE?
To change your current plan you can do this in the menu section of the application or contact our Customer Service team or start a live chat using the “Ask Jaaims” button in the app.
The upgrade/downgrade will commence immediately, and your credit card will be charged pro-rata the difference.
HOW DO I CLOSE MY ACCOUNT?
HOW DO I ADD OR REMOVE MY CARD ON MY ACCOUNT?
To change your credit card details in the mobile application, simply tap the menu tab and press “Payment”. Here you can remove or edit your credit card details. Press “Update” when you’re done.
CAN I CHANGE MY BROKER ACCOUNT CONNECTED TO JAAIMS?
Yes, you can. However, adding and changing your broker takes time and we do not recommend changing brokers during your trial period. You must also close all trades prior to changing your broker.
To change brokers, open the “Menu” tab and select “Broker Details”.
MY CURRENT BROKER ISN’T ON THE CONNECTED BROKERS LIST. DOES THAT MEAN IT’S NOT AVAILABLE?
Our current broker partners: Interactive Brokers and Saxo Markets.
We will be launching IG very soon. For more information, visit jaaimsapp.com/brokers.
CAN I USE JAAIMS WITHOUT A BROKER ACCOUNT?
You can use Jaaims without a broker, however, automated trade and positioning size features of Jaaims will not be available to you.
To use Jaaims without a broker you need to use the Standard or Professional Subscription in which you can set alerts on over 1,000 equities and be notified when our recommendations on those equities change.
HOW LONG DOES IT TAKE FOR MY BROKER ACCOUNT TO BE CONNECTED TO MY JAAIMS ACCOUNT?
Connection varies depending on your chosen broker.
Once you have set up your broker account, the connection time to Jaaims is:
- instantly with Saxo Markets; and
- 24-72 hours with Interactive Brokers.
We have created a timer on the Jaaims dashboard for the Interactive Brokers connection.
Some brokers require you to initiate the connection within their applications, while others are managed behind the scenes between us and the broker. You will be notified by e-mail if you are required to initiate the connection.
HOW DOES ALLOCATING FUNDS FOR JAAIMS TO TRADE WITH WORK?
Through Jaaims’ unique automation, Jaaims removes the need to calculate position size, removing the emotion which can sometimes affect our decisions resulting in poor position size decision making.
So how does Jaaims do this?
Jaaims determines the available funds in your broker account, then uses your fund allocation percentage that you set and then determines the total amount of funds available to place for trading. Once algorithms and data are learnt by the application, Jaaims artificial intelligence takes over understanding market risks amongst many factors to determine the optimum position size for you. Jaaims then executes the trade.
All this is done within seconds and you don’t have to do a thing!
I ALREADY HAVE A SAXO ACCOUNT, CAN I CONNECT IMMEDIATELY?
CAN I CHANGE THE AMOUNT OF FUNDS ALLOCATED TO JAAIMS?
You can change the amount you allow Jaaims to trade with at any time by going to the “Menu” tab and selecting “Allocate Funds”. Here you can change the percentage of your funds.
CAN I HAVE MORE THAN ONE BROKER CONNECTED TO MY JAAIMS ACCOUNT?
No, only one broker can be connected to Jaaims at any one time.
CAN I CONNECT JAAIMS TO A DEMO ACCOUNT?
Yes, you can. From November 2020 you can connect a Saxo Markets demo account. This account has a lifetime of 21 days giving you time to use the Jaaims 14-day free trial with this demo account. Accounts can be set up immediately via the Jaaims application.
WHAT TECHNICAL ANALYSIS DOES JAAIMS PERFORM?
Jaaims uses three types of technical analysis; fundamental, technical and sentiment. The Jaaims artificial intelligence engine uses these technical analysis every 15 minutes to derive buy and sell recommendations.
We have direct licensing agreements with each exchange (such as NASDAQ, NYSE, ASX, and more) to access pricing and securities related information. This allows Jaaims to access this data in real-time meaning this data is analysed as we receive it and our recommendations (if any) are updated accordingly.
We access market moving news and other financial data from various news and information sites (including Bloomberg, New York Times, Reuters, and many more), which feeds our sentiment analysis.
JAAIMS HOW TO GUIDE.
View our step by step guide of to help set up your Jaaims Account.
HOW MANY STOCKS/EQUITIES CAN I HAVE IN MY PORTFOLIO?
Each of Jaaims’ subscriptions offers customers a unique number of equities/stocks as listed below.
Starter: 10 stocks/equities
Standard: 20 stocks/equities
Professional: 40 stocks/equities (manual trading). If a Professional user activates the Smart Portfolio then the number of stocks is unlimited (using all 1,000 equities available on Jaaims)
HOW OFTEN DOES THE PRICING UPDATE FOR STOCKS WITHIN THE JAAIMS APPLICATION?
Stock/Equity pricing updates at the end of the day with the adjusted close price for each individual equity. This is the final price once all orders have been completed which comes through approximately one hour after the market has closed.
HOW CAN I CLOSE MY ACCOUNT?
Please contact our Customer Service team who will assist you.
WHAT IS A POWER RATING AND HOW IS IT CALCULATED?
The Jaaims Power Rating is a confidence indicator for when Jaaims has a high amount of confidence in particular equity/stocks’ prospects for profit in the near future. However, this isn't guaranteed.
CAN I OVERRIDE JAAIMS BUYING AND SELLING DECISIONS?
Yes you can. You are always in control, however, we recommend that our customers allow Jaaims to complete the buying and selling cycle.
You can override Jaaims’ decision by closing the trade in the Jaaims application, by removing the stock from your portfolio, or by closing the trade within your broker account.
Finally, you can stop Jaaims from trading altogether in the “Menu” tab by moving the “Trade Allocation Percentage” to 0%.
HOW OFTEN DOES THE PROFIT AND LOSS UPDATE FOR STOCKS WITHIN THE JAAIMS APPLICATION?
Profit and Loss values update every 15 minutes in the Jaaims application.
WHY IS THE PROFIT VALUES IN JAAIMS DIFFERENT TO WHAT IS REPRESENTED IN MY BROKER ACCOUNT?
When calculating profit results, Jaaims does not take into account your broker fees as customer fees vary depending on trade volume. Please see your broker for more details.
As you can place your own trades with your broker, Jaaims can only identify the trade it makes. So, we can only present profit values for the trades that Jaaims makes.
WHY HASN’T JAAIMS OPENED A TRADE?
Jaaims only opens trades once an opportunity arises. This means that currently even if an equity has a status as Long or Short it will not open once placed into your portfolio as the original opportunity has since passed.
We are here to support your investing journey, so please contact our Customer Support team if you would like more information.
I HAVE ADDED ONLY TRADES WITH THE TRADE PREDICTOR TO MY PORTFOLIO BUT THEY HAVE NOT ALL OPENED?
The algorithms will generate a trade predictor when the majority of open trade conditions are being met.
Currently, it is predicting trades at 84.35% success rate which varies from time-to-time.
CAN I TURN OFF AUTOMATED TRADING?
Yes. In the “Trade Settings” section of the application you can turn off automated trading and also turn it on at any time.
CAN I PRE-APPROVE EVERY TRADE?
Yes. In the “Trade Settings” you can switch on pre-approval. You will receive an SMS message in which approval is requested within 90 minutes. If you do not approve a trade before 90 minutes, then the trade opportunity is lost.
WHAT ARE JAAIMS' TRADING INDICATORS?
Alongside the equity names are a bell icon (represents the Trade Predictor) and a rocket icon (represents the Hyper Rating). These predictive indicators have been developed to assist you in creating a high performing portfolio.
A hyper rating is a performance indicator which demonstrates the AI is becoming optimised for that specific indicator. It also shows that Jaaims has a greater than 80% success rate of winning trades.
A trade predictor is a predictive indicator demonstrating a high probability that a Jaaims recommendation will change from “hold” to “long” or “short” within the next 24 hours.
HOW OFTEN DOES MY DASHBOARD UPDATED?
Your home-page/dashboard will update upon refreshing the application.
WHAT IS JAAIMS' SMART PORTFOLIO?
Smart Portfolio enables you to set stock selection and trade parameters on the entire list of equities we analyse enabling you to have the entire range of equities in your portfolio. This means Jaaims can open unlimited positions at any one time. Smart Portfolio replaces all stocks in your current portfolio.
WHAT IS JAAIMS' MODEL PORTFOLIO?
The Jaaims model portfolio is our default portfolio of 20 equities we use to monitor the performance of Jaaims. These equities were Jaaims' top picks at inception. You can add this portfolio and then modify the portfolio at any time once added to your portfolio.
This portfolio and information in this application has been prepared without taking into account the objectives, financial situation or needs of any particular individual. For this reason, any user should before acting on the information in this application consider appropriateness of the information, having regards to the users objectives, financial situation and needs, and, if necessary, seek appropriate professional advice.
CAN I TRADE CRYPTOCURRENCY ON JAAIMS?
No. Cryptocurrency has no fundamentals for Jaaims to analyse, thus, we do not include it in the application.
WHAT ARE JAAIMS RESULTS?
Jaaims’ performance results are published monthly. View the Jaaims Trading Results. at any time.
WHO CAN SIGN UP TO THE PROFESSIONAL PLAN?
Anyone can sign up to the Professional Plan provided they have completed the sign up process and cleared all necessary and legal steps.
CAN I SIGN UP TO A TRIAL ON A PROFESSIONAL PLAN?
Yes, you can try Jaaims for a 14-day free trial on a live or demo trading account.
A trial is a great option for investors of any level.
WHAT IS A BLACK MEMBERSHIP?
Jaaims’ unique Black Membership program is exclusively available to Jaaims customers on an active and live Professional Plan.
Think of it as a perks and rewards program just for you!
WHAT IS SMART PORTFOLIO?
Jaaims' Smart Portfolio enables you to set stock selection and trade parameters on the entire list of equities we analyse enabling you to have the entire range of equities in your portfolio.
This means Jaaims can open unlimited positions at any one time. Smart Portfolio replaces all stocks in your current portfolio.
HOW OFTEN IS MY ACCOUNT BILLED ON A PROFESSIONAL PLAN?
Your active account is billed once per month and charged to your nominated credit card.
WHAT HAPPENS AFTER MY TRIAL PERIOD ENDS?
You will need to add in payment details and select the Professional Plan if you wish to continue using Jaaims.
We do recommend that you add your payment details prior to your trial expiring to avoid any disruption to your trading.
If you would like more information, please contact our Customer Service Team on +61 2 7908 0292 or use the Ask Jaaims chat in the Jaaims application to start a conversation with us, and we will gladly assist you.
WHO CAN GET A BLACK MEMBERSHIP?
Only Jaaims customers with an active and live Professional Plan account qualify for a Black Membership.
If you are a Jaaims customer on Starter or Standard and you would like to upgrade to a Professional Plan and enjoy all of its benefits, please contact Customer Service on +61 02 7908 0292, or e-mail and we will gladly assist you.
WHAT IS THE DIFFERENCE BETWEEN A PROFESSIONAL PLAN AND A STANDARD OR STARTER PLAN?
See jaaimsapp.com/pricing to compare plans and pricing.
HOW DO I CLAIM MY SIGN-UP INCENTIVE?
The sign-up incentive will occur automatically and be managed by our Customer Support team.
Within one week of you meeting the obligations of the wait-list incentive (www.jaaimsapp.com/legal), our team will contact you to arrange the deposit.
HOW DOES THE NOVEMBER + DECEMBER SIGN-UP INCENTIVE WORK?
If you signed up from November 16 - December 31 2020 to Jaaims you are eligible for the $50 incentive once you pay for two (2) consecutive subscriptions after your trial period. This incentive is not eligible in-conjunction with the launch incentive.
At discretion Jaaims can extend this offer using a link or specific expiration date. This is non-transferrable.
WHEN DOES THE WAITLIST SIGN-UP INCENTIVE EXPIRE?
The last possible date to claiming the sign-up incentive is 1 May 2021.
CAN I VIEW THE TERMS AND CONDITIONS OF THE SIGN-UP INCENTIVE?
Yes you can. All of our terms and conditions are on our website at jaaimsapp.com/legal
CAN I CALL AND SPEAK TO SOMEONE IN JAAIMS?
Yes! We love hearing from our customers to help you with using Jaaims and to hear your feedback so that we can continue to improve our product.
The best way to contact us is through the application using the “Ask Jaaims” function.
We are available from 9am to 5pm, Monday to Friday excluding public holidays.
CAN I BUY GIFT VOUCHERS FOR JAAIMS?
Yes, you can purchase 12-month subscription packages as a gift. Please contact our Customer Service team to get started.
HOW CAN I GIVE FEEDBACK ABOUT JAAIMS?
The best way is through the “Ask Jaaims” feature within the application. Alternatively, you can drop us an e-mail or phone us.
WHAT DOES 52 WEEK HIGH/LOW MEAN?
IS IT GOOD OR BAD IF THE DIFFERENCE BETWEEN THE TWO IS HIGH?
The 52 week high/low is the highest or lowest amount a stock has traded during a 12 month period. Whilst a buying/selling decision should not be made solely on these numbers, it can be used as a trend indicator.
WHAT DOES 'TICKER' MEAN?
A ticker is an abbreviation used to identify a particular equity or security.
WHAT DOES MARKET CAP MEAN?
This is the current valuation of a specific equity or security. This valuation changes daily in line with the share price. For example, a company with 20 million shares selling at $50 a share would have a market cap of $1 billion.
WHAT IS THE DIFFERENCE BETWEEN ‘AVAILABLE’, ‘MARGIN’ AND ‘OPENED’?
Available refers to the total available funds in your broker account before your fund allocation has been applied.
Margin indicates the total value of the equities purchased by Jaaims on your behalf for your current portfolio.
Opened means the amount of trades Jaaims currently has opened for your current portfolio.
WHAT DOES THE STATUS OF A STOCK MEAN?
WHAT ARE THE DIFFERENT OPTIONS IT COULD SHOW?
This is Jaaims’ rating of the equity. Jaaims uses the ratings “short'', “hold” and “long”.
A short signal indicates Jaaims believes the value of the equity will decrease.
A long signal indicates Jaaims believes the value of the equity will increase.
A hold signal indicates Jaaims does not have a long or short view, so no trades will be made.
WHAT ARE THE NUMBERS IN GREEN OR RED NEXT TO PRICE?
This represents the percentage (%) increase or decrease of price for an equity. The percentage value appears only once the end of day price has been received and resets prior to the open of the next day with the value N/A.
WHAT IS THE DIFFERENCE BETWEEN CURRENT BALANCE AND AVAILABLE FUNDS?
Current balance represents the total liquidity of your holdings. This is the total value of your shares and equities held with your broker.
Available funds represent the net value of cash available to place trades with. This is also generally referred to your available cash within your broker account.
WHAT DOES IT MEAN WHEN A MARKET IS CLOSED?
This means the exchange market that the particular equity trades on is closed and is no longer accepting orders for shares.
WHAT IS A QUOTE? FOR EXAMPLE, "TRADES AND QUOTES ARE ACTIVE."
Before you can buy or sell shares, you first need to receive a price for the current buy or sell rate for an equity. Obtaining this price is the quote.
CAN YOU REVIEW THE HISTORY ON AN APP?
Not at this stage. This functionality, however, is coming soon to the Jaaims application.
You can simply obtain this information from your broker.
WHAT DOES NET GAIN MEAN (IN PORTFOLIO RETURN)?
This is the ratio of return on your portfolio by Jaaims. Net gain is the amount of money you have made over a 12-month period. For example, if you started with $10,000 in the Jaaims app and after 12 months you had $12,000. The increase is $2000 and therefore the net gain would be 20%.
WHAT IS ACTIVE PORTFOLIO MANAGEMENT TECHNOLOGY?
Active Portfolio Management Technology (APMT) is Jaaims proprietary technology which actively manages your portfolio.