The mania around artificial intelligence (AI ) is increasingly evident, also in the retail trading industry. The CFI Financial Group has decided to hop on a speeding train and launched its latest third-party trading tool, Capitalise.ai.
This AI-powered trading platform offers clients the opportunity to automate their trading strategies using uncomplicated, plain English, removing the need for coding skills. According to CFI, Capitalise.ai is set to improve trading experiences and reduce the chance of human error.
CFI Financial Kickstarts Capitalise.ai in MENA
Capitalise.ai, a product developed by Capitalise.ai and powered by CFI, simplifies the trading process by offering a platform for code-free automation. This tool is expected to redefine trading experiences for clients in the Middle East and North Africa (MENA) region.
Hisham Mansour, the Co-Founder and Managing Director of CFI Financial Group, shared his enthusiasm about the new tool, stating that the introduction of Capitalise.ai to the MENA trading scene is a game-changer.
"By offering this code-free AI trading technology, we are empowering our clients to automate their trading strategies effortlessly," Mansour said. He highlighted the partnership with Capitalise.ai as a testament to CFI's commitment to equip its clients with leading-edge tools.
Capitalise.ai's features allow clients to optimize their trading potential. Clients can prepare trades in advance or use pre-existing strategies. The platform guarantees timely and precise trade execution by automatically executing positions according to pre-set parameters. Furthermore, Capitalise.ai monitors the market for potential trading opportunities, alerting clients when market conditions align with their pre-defined strategies.
In the meantime, CFI Financial has partnered with AK Financial in Kuwait to expand in the Middle East and North Africa. The company aims to offer online trading in FX, stocks, indices, commodities, and ETFs through this partnership.
FX/CFD Brokers Collaborate with Capitalise.ai
Capitalise.ai is a supplier of AI-based trading solutions, including research, monitoring, and automated execution. Capitalise.ai has experienced substantial growth just in the past year, tripling its partnerships, active traders, usage scale, and trading activity. By the end of 2022, AvaTrade and FOREX.com were among the brokers who had established partnerships with the company.
AvaTrade's traders now have free access to Capitalise.ai's complete suite of automated trading capabilities. This includes a no-code freestyle text interface, automated trading execution, analysis tools (such as backtesting and simulations), a library of strategy examples, Smart Notifications, and a mobile app.
Additionally, Capitalise.ai's technology allows FOREX.com's traders to develop automated trading strategies in plain English, eliminating the need for advanced programming skills.
CFI Financial is also betting on developing AI-related offerings and hiring a marketing expert in this field. The company has bolstered its leadership team by bringing on board Elena Kupriyanova as the new Global Head of Marketing. She will focus on enhancing the marketing efforts of the FX/CFDs broker and promoting its global franchisees.