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.