The debut of an artificial intelligence tool aimed at improving user experience with trading has been announced by Formula Investment House Ltd.’s FX and CFD brokerage brand, iFOREX.
With real-time replies to queries regarding trading with this well-known broker, the AI assistant is now available to traders on the iFOREX website.
With the capacity to ask a broad range of questions about trading and get prompt, correct answers, the AI tool has the potential to be a very useful tool for both new and seasoned traders who need access to accurate and timely information. Users may now depend on this AI tool for full support, from comprehending market principles to navigating the iFOREX trading platform.
iFOREX Improved its Educational Programs
Daily analysis videos, access to the Trading Expert live stream, and a range of non-leveraged products were among the significant improvements that iFOREX made to its educational services and trading platform last year.
Every Day Evaluation Videos are given by a reliable outside source that offers a daily recap of the financial markets with an emphasis on a few of the most popular instruments right now. In each video, an expert provides traders with a thorough explanation of a possible trading opportunity on the iFOREX platform, highlighting different chart patterns that could indicate an impending trade. “This gives clients a deeper grasp of the fundamental workings of the market and gives them the opportunity to observe firsthand the kind of technical analysis they might use in their own trading techniques.”
By seeing a real-time industry expert open and conclude CFD trading deals and providing live comments on each trader’s unique trading strategy, the iFOREX Trading Expert feature offers traders a rare opportunity to learn invaluable expertise. “Through a combination of technical and fundamental analysis, iFOREX’s Trading Expert gives users the kind of clarity and insight that may enable them to make better trading decisions on their own.”
Instruments that are not Leveraged for LATAM Users
For its Latin American market, iFOREX provides a broad range of non-leveraged financial instruments that cater to both medium-sized and high-volume traders looking for lower-risk investments. Alongside shares and cryptocurrencies, the list features names like Apple, Intel, Tesla, Bitcoin, Ethereum, and many more.
In order to provide investors with long-term goals with more opportunities, non-leveraged instruments are executed at a 1:1 ratio (margin:deal size). This reduces market exposure and portfolio risk while eliminating overnight financing fees on long positions, extending the period of time that an investor can hold an instrument without incurring maintenance or holding fees.