Octa's OctaTrader recognised as the best fintech product of the year

OctaTrader, Octa Broker's proprietary trading platform, received the 'Best Fintech Product of the Year' award from Global Business Magazine. A dynamically evolving trading solution, OctaTrader has recently gained several industry accolades, highlighting its AI-powered tools and other innovations.

The Global Business Magazine award reflects OctaTrader's progress as a platform that provides holistic trading experience and combines proprietary AI-powered tools with extensive human expertise.

According to Octa, OctaTrader offers a seamless cross-device trading tailored to the needs of both seasoned and emerging traders. Boasting a well-rounded suite of powerful tools under the hood, OctaTrader helps traders reduce cognitive load by facilitating precise, data-driven decision-making. With various embedded tools, including an expert insight feed, an AI-driven pattern recognition feature, and a historical trade analysis engine, OctaTrader empowers traders and helps them bring their sessions to a new level.

The most innovative OctaTrader's features and tools include:

Change leverage

With OctaTrader, you can open new orders with any leverage you choose without affecting the leverage of existing orders. This unique feature allows for greater flexibility and offers additional scope to those using various instruments and timeframes during a single session.

AI pattern recognition tool

This tool automatically searches for technical analysis patterns, using a large dataset of expert-curated content and AI-powered models that pick relevant figures from historical data. Once displayed on the AI Pattern Recognition tool screen, the patterns can then be transferred to the user's trading chart in a couple of clicks. The tool automatically adjusts its output depending on the tradable instrument and timeframe currently used. Covering all assets available in OctaTrader, the AI Pattern Recognition tool is especially useful for those trading on faster timeframes since it empowers fast-paced, efficient decision-making and reduces cognitive load.

Space

Space is an expert-curated feed within the OctaTrader platform.

It allows you to connect and collaborate with like-minded traders while staying up-to-date with the most relevant market trends and developments. By adjusting the feed according to your trading style and preferences, Space provides personalised guidance to keep you in touch with highly volatile markets.

Space's real-time market insights include:

• pattern analysis
• technical and fundamental analysis
• educational tips
• quick flow to turn an idea into a trade.

Space covers all steps of the trading journey with a broad scope of practical features, including:

• dynamic profiles: unlock customised profiles to showcase your trading style and expertise
• real-time updates: stay connected with live market feeds and instant updates
• collaborative tools: engage in discussions with fellow traders
• performance analytics: track and analyse your trading performance effortlessly
• trade integration: link your account to accounts of other users to share trades and strategies in real time
• educational resources: access a library of webinars and tutorials for continuous learning.

Saving, loading, and autosaving charts

This feature allows you to save your chart layouts, chart templates, and drawing templates, and restore them when you get back. On top of that, all your chart actions are automatically synchronised between all your devices so that you can pick up your trading or analysis on your mobile exactly where you left it on your computer and visa-versa.

About Global Business Magazine

Global Business Magazine has established itself as a vital resource for business professionals. It highlights organisations that set benchmarks for success and presents awards to companies that excel in their fields and use cutting-edge technology to transform traditional practices.

This award contributed to Octa's substantial collection of industry accolades, which already amounts to more than 100—and still counting.

Disclaimer: Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision.

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.