Global broker Octa deploys an AI-based tool for traders to boost trade analysis

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 11 September 2024 – Since the first days of Artificial Intelligence’s rapid expansion into various industries, the financial sector has been one of the leading adopters of these technologies. In this field, AI-driven algorithms are seeing an ever-widening variety of applications, including risk management, predictive analytics, and customer service automation. For example, according to recent research, algorithmic trading in the U.S. stock market constitutes 60–75% of total trading volume. That shows that AI-based tools have already established themselves as a crucial element of modern trading and investing platforms.

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.