CFI taps Capitalise.ai to launch code-free trading automation in MENA region
“We are excited to introduce Capitalise.ai as a game-changer in the MENA trading landscape.”
CFI Financial Group has partnered with Capitalise.ai to provide its users with the renowned AI trading platform that enables clients to automate their trading strategies using plain and simple English with zero coding.
The third-party trading tool will allow clients of the FX and CFD brokerage to take advantage of a range of features designed to enhance their trading experience and eliminate human error by simplifying the trading process through code-free automation.
Developed by Capitalise.ai and powered by CFI, this cutting-edge tool sets the stage for an enhanced and streamlined trading experience for clients in the MENA region.
“A game-changer in the MENA trading landscape”
Hisham Mansour, co-founder and MD of CFI Financial Group, said: “We are excited to introduce Capitalise.ai as a game-changer in the MENA trading landscape. By offering this code-free AI trading technology, we are empowering our clients with the ability to automate their trading strategies effortlessly. This partnership with Capitalise.ai underscores our commitment to providing our clients with the latest and most advanced tools, giving them an exclusive advantage in the market.”
By introducing Capitalise.ai, CFI is further expanding its suite of advanced trading tools and providing its client base with a competitive edge. As one of the first brokers in the MENA region to offer this innovative tool, CFI reaffirms its commitment to empowering clients with cutting-edge technology and delivering an exceptional trading experience for its global client base.
Capitalise.ai allows users to plan their trades ahead of time or utilize preset strategies and automatically execute positions based on pre-defined parameters, ensuring timely and accurate trade execution.
CFI Financial Group operates through different entities worldwide, including London, Larnaca, Beirut, Amman, Dubai, Cairo, Port Louis, and others, to offer multi-asset class financial products with spreads from zero pips, zero commissions, fast execution, and no minimum deposit across 23+ global markets, including stocks, forex, commodities, indices, and ETFs.
CFI’s Q1 YoY volumes jumped by 57%
In May 2023, CFI Financial revealed that on a yearly basis, its clients’ trading volumes jumped by 57 percent in the first quarter of 2023. The company also highlighted the progress it made against the group’s strategic roadmap, including plans for obtaining new licenses and opening new offices in MENA, Africa, and Latin America.
The number of new accounts grew by two thirds during the same period, the FX and CFD broker reported. As a result, the company’s active accounts swelled by 157 percent so far, even as trading frenzy that gripped markets in 2022 looks to have run out of steam elsewhere.
In November 2022, CFI Financial took another leap in expanding its footprint within the MENA region. The UAE-headquartered group acquired Egyptian brokerage firm “El Mahrousa”.