ATFX adds Autochartist to its official WeChat account - FinanceFeeds

ATFX adds Autochartist to its official WeChat account

Andrew Saks

With the addition of Autochartist to ATFX’s WeChat, traders from all levels can learn how to set their stop-loss and take-profit orders based on analysis of an asset’s volatility.

The global award-winning broker ATFX has just added Autochartist analytics and actionable content to their official WeChat account. Autochartist is a program which can identify chart patterns using technical indicators such as Fibonacci retracements.

It monitors markets 24 hours a day, alerting you to trading opportunities in real time.

The Chinese-speaking market is crucial for ATFX, which is why the company has prioritised this area for the integration of Autochartist into WeChat. An added bonus is that this development will increase customer engagement. ATFX’s official WeChat account which includes their company profile, educational videos, news, market insights, will now contain snippets of daily analysis provided by Autochartist.

Adding Autochartist analytics to their WeChat account will be valuable for ATFX for a number of reasons. The program provides analysis to cater for all levels of traders, from beginners to advanced. ATFX will provide its clients with some of the best market analysis available on its official WeChat. Now clients can use the technical features, including chart pattern recognition, in conjunction with WeChat.

Traders from all levels can learn how to set their stop-loss and take-profit orders based on analysis of an asset’s volatility.

Jeffrey Siu, the Chief Operating Officer at ATFX Group commented, “WeChat is the default social communication of choice to reach our target Chinese-speaking audiences. The Autochartist content on WeChat is engaging and builds awareness. This gives our valued customers confidence to make smart trading decisions.

Read this next

Industry News

Citadel Securities dominates European FX, and is one of the most profitable businesses in the world

Non bank market makers are absolutely dominating the growth of FX order flow execution. Citadel Securities is now the largest internalizer in Europe by market share, a battle it is winning against Tier 1 banks alongside global leader XTX Markets. It is good to see the OTC sector holding its own.

Industry News

Playtech confirms it has been approached over the sale of Finalto

Finalto was described by the company as Playtech’s outstanding performer in H1 2020

Industry News

More greenwash: CME bends to the eco agenda by launching global emissions offset contract. Yawn….

CME Group has capitulated to the green agenda. Today, the company puts out tedious and jargonistic soundbites, saying that its new instruments will reduce emissions. Who will be interested and who will fall asleep?

Industry News

CQG Releases New PanXchange Widget on CQG Desktop for OTC and listed products

Seamlessly taking positions and managing risk across listed and OTC markets has to be the way forward for many brokers.

Industry News

The EU sets out its position

TP ICAP will not be allowed to temporarily service all of its EU customers from London as it had previously believed it could

Industry News

2021 is the year of the non-bank market maker in FX: Optiver leads the way on FXall

Clearly, the banks are being shown a clean pair of heels by the most advanced companies in the FX business. Let’s hope that this paves a new way forward for OTC counterparty relationships and that execution and settlement is now the channel for innovation.

Industry News

CMC Markets selects AWS to improve speed of product delivery

Instead of focusing on the undifferentiated heavy lifting of managing servers, by using AWS CMC Markets has freed up valuable development hours

Industry News

OANDA plays an ace against Australian OTC trading restrictions, goes for pro traders with 1:100 leverage

OANDA Corporation’s Australian division has launched an account with higher leverage for professional traders. During the regulatory reforms by ASIC, many Australian brokers began an attempt to lobby the regulator to accept different leverage rates for different levels of trader.

Industry News

Are US equity markets in a bubble?

88.88 % of all S&P 500 stocks are trading above their 200-day moving average