Frequently asked questions

We gathered the questions people ask most when they first come across SQM Financerra, worded the way a beginner would ask them. Pick the topic that interests you. If you cannot find your question, write to us or ask your personal manager.

General use

How do I register?

You complete the form with your first name, last name, email and mobile number, and that is it. Then your personal manager calls within 24 hours to explain the next steps. Opening the account is free.

What do I need to get started?

An account at a crypto exchange in your own name, a phone with an authenticator app and a valid ID document. Also an amount you can lose without affecting your expenses. The rest you go through with your manager on the first call.

Do I need previous trading experience?

No. The platform is designed for people with no experience, and your manager supports you through the setup. Still, lack of experience does not lower the risk: you can lose money just like anyone else.

Can I use the platform from my phone?

Yes. The dashboard works in your phone browser, with nothing to install. For the second security step you do need an authenticator app on the phone.

Fees and results

How much does the platform cost?

There is no monthly access fee. The costs are trading commissions, up to 0.58%, and third-party costs such as network or payment-provider fees, which are shown before you confirm. All the detail is on the fees page.

Where do I see the fees for each trade?

They appear on the confirmation screen, before you accept the trade, and also in the activity report. If something does not match what you saw, write to us with the transaction number and we will check it.

Do you guarantee profits?

No. Nobody can guarantee profits in the markets. The results of simulations and of user opinions are individual examples and do not predict what will happen with your account.

What is the minimum deposit?

The Basic plan starts with a capital of US$250 (about CLP 240,000). Advanced and Premium start from US$1,500 and US$5,000 respectively. It is not a fee: it is the capital you set aside for trading.

Features and using the platform

What does the platform do automatically?

It analyses prices, volumes and volatility continuously and applies the strategies you switched on, always within the limits you defined. It does not skip your parameters or change strategy on its own.

Can I use only some of the features?

Yes. You can use only the monitoring and alerts, or switch on strategies only on certain assets. Each feature is switched on and paused independently from the dashboard.

Which alerts can I receive?

Notices of price moves, strategy status changes, limits reached and account activity. You receive them by email and can turn each type on or off.

What is the simulator?

It is a practice environment with sample data where you see how strategies behave without using real money. Your manager can show it to you on the first call.

Risks

Can I lose money?

Yes. All trading carries risk and you can lose part or all of your capital. Past results do not guarantee future results, and the risk page explains each case with recommendations.

Does the platform stop if the market falls?

According to the platform's description, there are mechanisms designed to react in periods of high volatility and they can stop trading. It is an aid and not a guarantee: it does not prevent losses or ensure that capital is preserved.

What is counterparty risk?

It is the risk that the exchange where your money sits has a problem, such as a bankruptcy, a hack or a suspension of withdrawals. That is why it makes sense not to concentrate all your capital with a single provider.

How do I reduce risk?

Invest only money you can lose, start with small amounts, set loss limits and review your strategies regularly. Also diversify and avoid deciding on impulse.

Security and account

Is my money on the platform?

Not as a rule. Your trading funds are at your exchange and the platform connects with a read and trade API key. We do not ask for withdrawal permission, so we cannot take money out of your exchange.

How do I protect my account?

Switch on the second step with an authenticator app, use a unique password, check your active sessions and never share codes with anyone. The full measures are on the security page.

What do I do if I forget my password or lose my phone?

Use the recovery link or your backup codes. If you do not have them, support runs an identity check with your ID card and a live photo. After access is restored, withdrawals stay on hold for a while as protection.

How do I close my account?

Write to support from the registered email. We delete your data according to the privacy policy, except what we must keep by law, and we help you withdraw any pending funds.

Help and support

How do I contact support?

By email at [email protected] or through your personal manager, who is available 24 hours a day. Email is usually answered in under one business hour.

What do I do if I set up a strategy wrongly?

Pause the strategy from the dashboard and tell your manager. Together you review which parameters to correct and, if there was a mistake on our side, we investigate it and report back in writing.

What if I do not understand a feature?

Ask. Your manager explains it without hurry and can show you how it is used in the simulator. You can also read the getting-started guide and the articles.

How do I file a complaint?

Write to support with the subject "Complaint". You get a case number the next business day and a final reply within 15 business days at most, following the procedure described on the complaints page.

Further reading

If you want to go deeper, these pages help you carry on.