AI System Approved for Capital
Capital.com, one of the largest retail brokers operating in the United States of America, announced today that they’ve had their machine learning technology patent approved by the US Patent Office. The upcoming artificial intelligence is described as a service that’s self-adaptive and trained with machine learning technologies to provide increased monitoring abilities.
The new artificial intelligence from Capital.com is called EO & it will improve the trader’s ability to monitor activities on a cognitive level. The broker officially stated: “Supposedly rational decisions may stem from mental shortcuts that ignore chunks of information, which can then have a significant impact on traders’ results,” said the broker in a statement.
The Benefits of Artificial Intelligence
The mental shortcuts that negatively effect traders on a regular basis will be catered with EO, which reduces the negative side-effects of those shortcuts. This will be accomplished with live notifications, which will allow for post trade performance breakdowns for every client maintaining an account with Capital.com.
Teams of research strategists have been hard at work for Capital.com, determining if EO will be effective for most clients. The research has indicated that clients using the live notification system with the artificial intelligence will decrease marginal mental shortcuts by 11%.
It’s also 12% more likely that clients will be profitable if using the upcoming AI service from Capital. When the new service if released to all clients, it will allow for new traders to have a 6.5 percent chance to be more profitable than ever before.