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 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 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.