AvaTrade, an Ireland-headquartered forex and CFDs broker, is now the official trading partner of the Formula 1 racing team, Aston Martin Aramco Cognizant Formula One (AMF1). The brokerage firm announced the development in a press statement shared with Finance Magnates.

The deal comes less than two months after the broker entered into a strategic partnership with Capitalise.ai, a provider of trading automation Automation Automation is defined as the procedure of making an apparatus, a process, or a system to operate by mechanical or electronic devices that replace human labor. Additionally, automation is also sometimes referred to as mechanization or robotization. For example, employees have many costly needs, including government regulations. However, robotic workers don’t need much other than some routine maintenance and the occasional bug fix for an equipment malfunction or software bug. There is no overtime Automation is defined as the procedure of making an apparatus, a process, or a system to operate by mechanical or electronic devices that replace human labor. Additionally, automation is also sometimes referred to as mechanization or robotization. For example, employees have many costly needs, including government regulations. However, robotic workers don’t need much other than some routine maintenance and the occasional bug fix for an equipment malfunction or software bug. There is no overtime Read this Term and analysis platform.

“AvaTrade’s partnership with AMF1, one of the famous brands in racing, is built on speed and innovation, as well as advanced technology and precision. AvaTrade is committed to revolutionizing the online trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term industry by providing a trustworthy and user-oriented trading environment that empowers users to invest and trade with confidence,” the broker explained in the statement shared with Finance Magnates.

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Speaking on the partnership, Dáire Ferguson, the Chief Executive Officer at AvaTrade, noted that AMF1 shares its view and outlook on what it takes to achieve success. ADditionally, Ferguson expressed excitement at the Formula racing team representing its brand.

Also contributing, Jefferson Slack, the Managing Director of Commerical and Marketing at AMF1, drew a parallel between the racing team's support system and AvaTrader’s support infrastructure for traders. “As we seek to maximize our driving potential, AvaTrade seeks to drive investors trading potential,” Slack added.

AvaTrader Introduces Automated Trading

Through its recent partnership with Capitalise.ai, AvaTrade introduced automated trading features to its customers. This feature includes capabilities such as a no-code freestyle text interface, analysis tools and strategy examples. Ferguson called the partnership a proof of AvaTrade's commitment to its traders.

“Our new partnership with AvaTrade is a vote of confidence from an established and trusted broker for our easy-to-use online trading automation capabilities,” Amir Shiovich, the CEO & Co-Founder of Capitalise.ai, added in his contribution.

AvaTrade is a global broker regulated in the European Union area, Japan, Australia and British Virgin Islands, among other jurisdictions.