Rakuten Securities Adopts Tradency’s AI Trading Advisor, RoboX
Rakuten will become the first broker to offer this service in Japan, and will also add RoboX to its global
Rakuten Securities, one of the largest FX brokers in Japan and subsidiary of conglomerate Rakuten Inc, today announced that it has collaborated with Tradency to launch its RoboX service.
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As a result of this newly formed partnership, the RoboX service will became available to Rakuten Securities’ retail forex traders. Rakuten will become the first broker to offer this service in Japan, and will also add RoboX to its global financial services.
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“As global financial technology evolves, we are also aiming to develop and provide new financial services that utilize artificial intelligence, etc,” says Hiroaki Nagakura, Rakuten Securities Senior Executive Officer and Global Head of FX Business, FX Business Division. “By providing our customers with Tradency’s robo-advisor service RoboX, we believe it will be the best opportunity for Japanese individual investors to try new technologies.”
“Being chosen by Rakuten is a sign of trust for us,” says Gil Eyal, Tradency co-founder and president. “We have invested in developing our role in the Japanese financial technology market for more than a decade, and believe that this new partnership with Rakuten, reflects our position as one of the top providers of this market.”
RoboX is a robo-advisor for the FX market that helps ensure that retail clients remain engaged via continually selecting relevant trading strategies. Back in November 2016, the Financial Commission (FinaCom), an independent self-regulatory compliance specialist for the financial services industry, announced the certification of Tradency’s automated trading advisor.
Tradency with their only asset:the traders and their systems did everything to kick out the best guys from the company.With their payment model almost no one who is doing really good in the markets has stayed with the company….Now the best systems in Tradency are with no more than 800/900 clients and with these numbers you can not make more than 200 USD…. And as we know the profession : Trader is a tough job and they are really good paid.A good trader can earn couple of hundred thousand USD /Month and you should be a really crazy man to… Read more »