- Top trader will win a trip to London and five-day London Stock Exchange accredited trading workshop
- Top traders from the competition may also secure access to AxiTrader’s exclusive incubation fund, starting them on the path to becoming professional traders
DUBAI: AxiTrader, the online trading platform, has launched a competition to identify the Middle East’s top online trader using its cutting-edge Artificial Intelligence (AI) analytics platform, PsyQuation.
PsyQuation is the world’s leading AI-powered analytics platform, which uses a unique algorithm and machine learning to identify the most profitable trading characteristics and applies them to analysing individual traders’ performance. Having been developed by a team of world-class experts in trading behaviourists and data science, PsyQuation is currently rolling out following its initial global launch, including in the Middle East, a key growth market for AxiTrader.
Based on data from more than 120,000 traders worldwide and tens of millions of trades, PsyQuation provides traders with a PsyQuation Score, a proprietary ranking tool which predicts the future performance of traders by understanding the skill, risk, behaviour and history profile. In other words, it finally answers the question “Can I be a profitable trader?”
To celebrate this cutting-edge technology, AxiTrader is running a month-long competition with an exciting range of prizes up for grabs, including a trip to London and access to best-in-class trading courses. To enter the competition, participants need to register before Monday 18 March 2019 and then trade a minimum of 30 trades before Friday 19 April. And there’s no need to be a current AxiTrader customer to win – traders just require an online trading account which is MetaTrader4 compatible (a Microsoft Windows based trading platform, also known as MT4 and widely used by online forex trading brokers) so that it can be linked to the PsyQuation platform. The winner will be announced at a select gathering at Dubai Opera House on Monday 22 April.
Competition participants may also achieve access to AxiTrader’s exclusive incubation fund, AxiSelect, which provides traders with guidance and funds to set them on the path to becoming funded professional traders. Using the highly accurate PsyQuation scoring and ranking, AxiSelect, has already allocated funding of over AED 2.9 million (AUS$1.1 million) to traders globally, including here in the Middle East.
Filippo de Rosa, CEO of AxiTrader Middle East, commented, “Bringing the world-leading AI analytics platform PsyQuation to the Middle East is an exciting step us here at AxiTrader and for online traders here in the region. Not only does it offer traders the unique opportunity to rank their trading skills, it also provides evidence-based advice as well as free and premium tools, all of which can help optimise their trading performance. This means users can trade with confidence and eliminate costly mistakes.
And now, thanks to this competition, PsyQuation users can pit themselves against other traders in the region and win some great prizes. With a trip to London, best-in-class trading seminars and even the potential to become a professional funded trader, this is an unmissable opportunity for all traders in the Middle East.”
The overall winner will be the trader with the highest PsyQuation Score at the end of the competition, receiving a trip to London, access to a five-day London Stock Exchange accredited trading workshop run by Knightsbridge Trading Academy and complimentary PsyQuation trading tools. A second prize of a one-to-one expert session with AxiTrader’s Chief Market Strategist, James Hughes, together with access to three online trading courses with Knightsbridge Trading Academy and complimentary PsyQuation trading tools, and a third price of access to three online trading courses with Knightsbridge Trading Academy and complimentary PsyQuation trading tools are also up for grabs. All traders who maintain a PsyQuation Score above 70 for the duration of the competition may also qualify for a funding allocation from AxiSelect.
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About AxiTrader
AxiTrader is a subsidiary of AxiCorp, a wholly Australian-owned and award-winning Financial Services company which is a recognised emerging force in the global FX and CFD industry. Founded in 2007, AxiCorp is a global online trading platform offering FX, CFDs, Commodities and other financial instruments to retail and institutional clients across the globe. It now ranks among the top trading companies in the world with presence in Australia, the UK, Middle East and Asia. AxiCorp is fully regulated by respected governing authorities around the world, including The Australian Securities and Investment Commission (ASIC) in Australia, The Financial Conduct Authority (FCA) in the United Kingdom, The Financial Markets Authority (FMA) in New Zealand and The Dubai Financial Services Authority (DFSA) in Dubai.
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