Forex and CFD brokerage firm iFOREX has launched an AI trading assistant designed to answer traders' questions. This tool, available on the iFOREX website, aims to enhance users' overall trading experience. The new offering reportedly answers trading-related inquiries on the spot.

Understanding Market Concepts

According to the press release, the AI assistant tool caters to both experienced traders and beginners. It enables users to understand market concepts and navigate the iFOREX trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term seamlessly. Users can access the new tool on the iFOREX website and start asking their trading questions immediately.

A spokesperson from iFOREX told PR Newswire: "Trading can be complex and time-sensitive. Our new AI assistant is here to simplify the process, providing our clients with the information they need precisely when they need it. This innovation underscores our commitment to leveraging the latest technology to enhance our clients' trading experience."

iFOREX launches AI assistant for FX traders -
From understanding market concepts to navigating the iFOREX trading platform, users can now rely on this intelligent tool for comprehensive support. iFOREX, an FX and CFD brokerage brand operated by Formula Investment House Ltd, ... pic.twitter.com/kaQfr3eMoD

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iFOREX is a forex broker offering a range of trading instruments and services. Last year, the company opened a new office in Dubai, marking a significant step in its regional expansion strategy. This move aims to enhance client engagement in the Middle East and reinforce iFOREX's services to traders in the region.

Expanding Regional Engagement

The new office in Dubai focuses on marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term and supporting regional clients and prospective traders. The company expressed enthusiasm, announcing that this expansion will strengthen its efforts to provide a better trading experience.

With offices worldwide and among both Arabic and English-speaking traders in the UAE, the company aims to broaden its global expansion with the new office. This move aims to leverage the growing financial market in Dubai and provide localized support to enhance user experience.