FOREX.com announces free access to Capitalise.ai’s automated trading strategies

Rick Steves

“We’re excited to be the first retail leveraged spot FX broker in the US to deploy this innovative technology and believe it will be a significant enhancement to the FOREX.com interface.”

FOREX.com, the US-based retail broker and subsidiary of StoneX, has partnered with Israeli AI-based trading automation specialist Capitalise.ai to allow users to develop automated trading strategies in plain English without needing advanced programming knowledge.

The automation platform’s interface “wizard” allows traders to create trading strategies or alerts, which can be automatically executed in FOREX.com trading accounts, using a no-code, free-style English text input tool. Automated trading plans can be simple or sophisticated with up to hundreds of entry or exit conditions.

FOREX.com will provide users with free access to the Capitalise.ai full suite of automated capabilities. To that effect, traders need to create a complimentary Capitalise.ai account and then connect their FOREX.com login details.

For trading automation on the go, FOREX.com users can access Capitalise.ai’s mobile app for Android and iOS.

FOREX.com is first retail leveraged spot FX broker in US to deploy Capitalise.ai

Sixto Alonso, Regional Director of FOREX.com Americas, commented: “At FOREX.com we’re committed to providing our clients tools that deliver a high degree of value to their trading experience. Partnering with best-in-class products such as Performance Analytics, Capitalise.ai allows us to fulfil that commitment by adding easy-to-use automation to our clients’ trading arsenal. We’re excited to be the first retail leveraged spot FX broker in the US to deploy this innovative technology and believe it will be a significant enhancement to the FOREX.com interface.”

Amir Shiovich, Capitalise.ai CEO & Co-Founder: “In 2022, Capitalise.ai continues to show impressive growth as our increases in trading activity and new traders dramatically outperform our quarterly expectations. Our new partnership with FOREX.com is a vote of confidence for our easy-to-use online trading automation capabilities from one of the industry’s most established and trusted brokers. Our team is excited to have FOREX.com on board, and we look forward to adding value to their traders’ day-to-day trading experience.”

FOREX.com is a retail leveraged spot FX brokerage operating in the United States and offering a wide range of instruments including more than 80 FX pairs, as well as gold and silver.

Empowered by its parent company StoneX, FOREX.com ensures quality execution across mobile apps, web trading and MT4. Users can leverage the broker’s data tools, including SMART Signals and Performance Analytics, and analytics tools, such as Market 360, Trading Central and TradingView.

FOREX.com has onboarded 500,000 worldwide traders since 2019 and is the no. 1 FX broker in the US based on client assets per the 2021 monthly Retail Forex Obligation reports published by the CFTC.

Read this next

Retail FX

Malaysia regulator exposes OctaFX clone, shady FB profiles

Malaysia’s financial regulator today warned online investors about the risks of following investment tips made on social-media platforms.

Digital Assets

Crypto trading volume spikes at Swiss bourse amid FTX collapse

The shockwaves from the historic collapse of Sam Bankman-Fried’s crypto empire are still being felt across the industry, but some trading venues are actually doing better because of it.

Executive Moves

CMC Markets adds Camilla Boldracchi to institutional sales

UK’s biggest spread better, CMC Markets has promoted Camilla Boldracchi to take on an expanded role within its institutional sales desk.

Institutional FX

FXSpotStream reports $1.48 trillion in monthly volume for November

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for November 2022, which moved higher on a yearly basis but reflected weak performance across executed trade volumes when weighed against the figures of the prior month.

Retail FX

Interactive Brokers’ client activity drops 30% YoY

Interactive Brokers LLC (NASDAQ:IBKR) saw 1.95 million daily average revenue trades, or DARTS, in November 2022 compared to 1.96 million transactions in the prior month.

Digital Assets

The rise of Crypto ETPs in traditional exchanges as crypto winter deepens

Institutional investors are increasingly looking at traditional regulated exchanges as their first route into digital assets amid market turmoil caused by the crypto winter and the collapse of several big names within the space, including FTX. Acuiti and Eurex surveyed 191 buy and sell-side firms on their views of the digital assets markets in order […]

Digital Assets

TP ICAP’s crypto arm receives FCA’s go-ahead

UK interdealer broker TP ICAP has received a regulatory go-ahead to launch its cryptocurrency services in the UK. The bid shows that the recent collapse of FTX exchange has done little to damp the interest of big names in running their own crypto business.

Industry News

Coin Signals founder to pay $2,847,743 after prison sentence over crypto Ponzi scam

The U. S. District Court for the Southern District of New York has ordered Jeremy Spence, founder of Coin Signals, to pay $2,847,743 in restitution to victims of a fraudulent virtual currency scheme.

Digital Assets

CME Group goes DeFi: Reference rates and real-time indices of Aave, Curve, Synthetix

“These rates are designed to provide traders, institutions and other users transparency and price discovery across a much broader range of tokens, allowing them to confidently and more accurately value cryptocurrency sector specific portfolios and manage price risk around various blockchain-based projects.”

<