Abstract:XS.com introduces AI Insights, a tool to detect trading biases, enhance strategies, and boost profitability. Exclusive to VIP clients, powered by Hoc-Trade.
XS.com has launched “AI Insights,” a new AI-powered tool for detecting behavioral biases and trends in trading history. This cutting-edge solution, powered by Hoc-Trade's TradeMedic AI, is only available at no additional cost to XS VIP clients. The program provides traders with a detailed look at their trading behaviors, assisting them in identifying and addressing typical hazards like as overtrading, revenge trading, and emotionally driven decisions. Using behavioral AI, the system monitors trade execution, risk exposure, and decision timing, providing individualized feedback to help refine strategies and manage risk.
Wael Hammad, Group Chief Commercial Officer of XS.com, emphasized the company's commitment to innovation, stating, of XS.com, innovation drives all we do. This AI-powered tool represents a huge step forward in transforming the trading experience. By combining innovative technology with a thorough awareness of our customer's needs, we provide traders with the tools they need to confidently navigate markets and achieve their objectives in today's fast-paced financial environment.
The collaboration with Hoc-Trade supports XS.com's strategic goal of using AI to change trading. Jonas Schleypen, Co-founder and CEO of Hoc-Trade, expressed his delight about the relationship, saying, “We're happy to collaborate with a worldwide giant like XS.com. This collaboration provides XS.com's global clients with access to a one-of-a-kind AI-powered trading analytics solution. It also demonstrates XS.com's dedication to innovation and establishing new benchmarks in financial services.”
The tool's cognitive algorithms monitor market patterns and data flows to identify hidden opportunities and fine-tune portfolio management techniques. It assists traders in adjusting holding durations, optimizing trade exits, and increasing profitability by offering specific insights based on their trading habits. With real-time feedback, the technology promises to improve trade execution, reduce emotional trading, and help traders achieve long-term profitability.
Aside from AI Insights, XS.com has created XpertS, an interesting financial program on YouTube Live. The show is hosted by Ahmed Negm, Head of Market Research at XS.com, and features Sherif Khorsheid, CEO of FX-borssa. It airs every Thursday at 7 p.m. KSA time. XpertS Live is intended to assist traders to improve their abilities, broaden their knowledge, and obtain a competitive advantage. The show deconstructs complicated financial events and provides real-time insights into market movements, covering critical themes such as trading methods, technical and fundamental analysis, risk management, and trading psychology.
XS.com's efforts to empower traders extend beyond AI technologies and instructional information. The firm has partnered with Ektifa Academy in Kuwait to help budding online traders in the MENA area. Ektifa Academy offers a variety of services, including educational courses, authorized certificates, in-depth analysis, and market news. The relationship was revealed at the grand inauguration of Ektifa Academy's new headquarters in Kuwait City, which was sponsored by XS.com and attended by major leaders in the region's financial markets.
In another effort to improve its capabilities, XS.com has launched a Copy Trading platform powered by Brokeree. This tool allows traders to mimic the methods of experienced and high-performing market players in real-time. The program is suitable for both new and experienced traders, and it features real-time tracking and performance data, allowing users to analyze their portfolios and alter tactics as required. Expert traders may utilize the site to increase their following, provide trading advice, and monetize their knowledge.
XS.com's global development has continued with the establishment of “XS ZA,” a regulated Financial Service Provider firm in South Africa. XS ZA (Pty) Ltd, licensed number 53199, is permitted to provide a wide range of asset classes, including FX and CFDs, to retail and professional clients across Africa. XS.com has hired Mabyanine Phiri as its new marketing manager to help it expand in South Africa. Phiri has years of expertise in the financial business and provides a lot of knowledge in marketing management, digital strategy, and SEO, which is expected to fuel the company's growth in the area.
XS Group, founded in 2020, is a global fintech and financial services firm with businesses licensed in several countries across the world. Originally situated in Australia, the firm relocated to Cyprus and is overseen by the Australian Securities and Investments Commission (ASIC) via its institutional arm, XS Prime Ltd.
With the launch of AI Insights, XpertS, and its Copy Trading platform, XS.com demonstrates its dedication to innovation and customer success. The firm is revolutionizing the trading experience by combining modern technology and smart relationships, providing traders with the tools they need to succeed in an increasingly complicated financial world.
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