FXCM and Capitalise.ai team up to offer automated trading experience

By Megha Bhattacharya

Trading automation platform, Capitalise.ai and online FX provider FXCM Group today announced a strategic partnership for offering the latter’s clients with access to the automated trading experience. The partnership will allow traders to automate their trading strategies at no extra cost including the ability to analyse, monitor and execute trading strategies using freestyle text.

Brendan Callan, CEO of FXCM, said, “Our partnership with a market-leader like Capitalise.ai is a step towards delivering even better value and greater accessibility to financial markets for our traders. For the first time, all of our clients can automate their trading strategies with no coding needed and zero technical skills using freestyle text. This is a truly exciting partnership for FXCM, with significant benefits for our clients.”

According to FXCM, the collaboration will enable traders to automate trading strategies using natural language, loop strategies to repeat trades, analyse trading strategies, explore a live strategies library, simulate trading strategies,  etc.

The Capitalise.ai platform provides capabilities through its proprietary AI, machine learning and NLP technologies, which are being utilised by brokers around the world.

Recently, FXCM Pro, the institutional arm of the FXCM Group, announced a partnership with Devexperts in a bid to offer multi-asset liquidity to its trading platform- DXtrade. DXtrade stated that its SaaS off-the-shelf trading platform allows for full customisability, with brokers being able to determine everything from the layout and set-up, including the back-end configurations and user interface.

“We are very excited to partner with FXCM, a leading trading provider in the financial industry. We are thrilled to be embedded into their offering, which is one of the most advanced online trading experiences in the market today.” said Amir Shiovich, Capitalise.ai Co-Founder and CTO. “This partnership allows us to broaden the reach of our groundbreaking trading automation platform that adds real, tangible value to FXCM’s traders.”