GTC Forex teams up with Acuity Trading for better market research tools
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GTC Forex, a multi-asset brokerage platform headquartered in Dubai, has announced a strategic partnership deal with Acuity Trading. The deal is focused on providing GTCFX customers with better market research tools that will enable them to improve their trading decisions.
GTCFX partners with Acuity Trading
GTCFX is also taking measures to boost the trading experience for customers. As such, the STP broker will integrate the proprietary tools offered by Acuity Trading. These tools include AnalysisIQ and AssetIQ, now available under the broker’s current offering.
The Head of Marketing at GTCFX, Mubashar Saeed, commented on the move, saying that the tools offered by Acuity Trading will play an important role in areas such as market research and data. The partnership aims to deliver the best trading experience for the company’s clients.
“Acuity Trading’s tools will deliver an abundance of market research data, including news, analysis, and technical indicators to our traders, empowering them to make more informed decisions. We are optimistic that this partnership will uphold our commitment to providing the best possible trading experience to our clients,” Saeed said.
Acuity is a platform that provides traders with market insights through AI and NLP technology. The platform also supports other features, such as news and turning unstructured data into trading tools and useful strategies that will be helpful to traders.
The collaboration will also guarantee that GTCFX clients will have better insights into market volatility and activity, which will help them to spot new trading opportunities. Some features, such as stop-loss offers and tools supporting position-sizing, will increase the trader’s confidence and grow their trading performance.
The CEO of Acuity Trading, Andrew Lane, has expressed enthusiasm about this partnership and the shared values between these two companies. Lane has also said that design, data, and customer service were key aspects of the product development at Acuity Trading. GTCFX already offers access to a user-friendly trading platform and has a good reputation for boosting customer satisfaction.
Lane has also said that integrating Acuity Trading tools will improve user experience and attract new customers to GTCFX. In 2022, GTCFX appointed Alaa Tabib as the Chief Operating Officer. The broker also secured an award for the ‘Best Fintech’ in the Middle East last year during the Forex Traders Summit in Dubai.
Brokers leverage Acuity Trading
Many brokerage platforms have been integrating the toolkits offered by Acuity Trading. In May, ThinkMarkets integrated its offerings with the Signal Center offered by Acuity Trading, which enabled clients to access 40 trading signals daily.
The other brokers that have integrated Acuity Trading are BlackBull Markets and INGOT Brokers. Acuity has created partnerships with other industry representatives such as Admirals, Equiti, EightCap, ADSS, Hantec Markets, OANDA, among others.
Acuity uses proprietary technology to obtain and interpret rich sentiment data provided by many news sources globally. The platform leverages Machine Learning and Natural Language Processing technology. The platform delivers crucial market signals and it has incorporated the research entity known as Signal Center and released an R&D hub located in Spain.