Sun, April 14, 2024

VT Markets Adopts Acuity Analysis IQ to Aid Decision Making

Broker News

VT Markets, a global multi-asset broker based in Sydney, has integrated Signal Centre’s Analysis IQ into its trading platform. Analysis IQ helps its users improve their trading decisions. It combines traditional and alternative data sets to provide a technical view of the markets in an intraday time frame.

According to VT Markets, its clients will enjoy advanced artificial intelligence technology, multilingual capabilities, and the superior design that Singal Centre offers in the new partnership with Acquity.

The AI-powered approach will ensure a holistic market analysis of the current conditions to assist in decision-making. Combining AI technology and human insights will enable traders to make informed decisions efficiently.

VT Markets’ trading volume grows despite inflation.

VT Markets offers its customers online trading of forex, CFDs, soft commodities, precious metals, and stocks. The broker was founded in Sydney, Australia, in 2016 and has continued to strengthen its operation.

The broker reported a 125% increase in its trading volume at the end of 2022. They also reported a 140% growth in active traders on the platform in the same period.

According to the broker, innovation, product diversification, and expansion in new markets drove their success. They also ventured beyond traditional products to offer more diverse instruments such as bonds, indices, and EFTs. The broker also expanded their operations globally.

Meanwhile, high trading volumes were due to the historic high levels of inflation and retail traders sinking first-time deposits. As a result, reports show that traders and brokers are restrategizing to adapt to the situations.

Additionally, Chris Nelson-Smith reiterated its commitment to developing its offerings to keep up with the changing industry and market trends. Chris is a Director at VT Markets.

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